Wed, November 20

Search Results for: what is cryptocurrency

Deputy Prime Minister of Singapore Cautioned Retail Investors Against Cryptocurrency

The MAS has only authorized the use of digital payment tokens for 11 companies.  He cited the demise of the cryptocurrency Terra (LUNA). This week’s ATxSG event in Singapore saw Singapore’s Deputy Prime Minister Heng Swee Keat caution regular investors against investing in cryptocurrency. The Deputy PM said, “Retail investors,

June 2, 2022 1 min read

Tron (TRX) Overtakes Shiba Inu (SHIB) As the 14th Largest Cryptocurrency

TRON has been up 3.25% in the last 24 hours. The current value of TRON’s TVL is $5.34 billion. TRON (TRX) is presently valued more than Shiba Inu (SHIB), according to CMC. With a market capitalization of $7.4 billion, TRON has overtaken Shiba Inu as the 14th-largest cryptocurrency. TRON’s algorithmic

May 23, 2022 1 min read

Most Viewed Cryptocurrency in Last 7 Days

The exchange platforms for accessing these coins are Binance and Kucoin. SPoS employment for Adaptive Sharding mechanism in EGLD. Listed below are the top 3 most visited coins during the past week, published by CryptoDep. Polkadot (DOT) The architecture behind Polkadot consists of three parts namely, Relay chain, Parachains, and

May 23, 2022 2 mins read

Is Bitcoin Global Reserve For Cryptocurrency?

For the first time since July 2021, Bitcoin (BTC) went below $29,000. The whole volume of the crypto market collapsed, wiping out over $200 billion from the market in a single day. The entire crypto market has fallen since the price of BTC dropped and even some of the top

May 17, 2022 2 mins read

Cryptocurrency Sales After 1 Year of Possession Declared Tax-free in Germany

Investors had to keep it for at least ten years before selling it out tax-free until now. The crypto market is recovering after the recent bloodbath. Because of the rising prominence of digital currencies like Bitcoin and Ethereum, the German Federal Ministry of Finance (BMF) has issued a letter that

May 13, 2022 1 min read

Cryptocurrency Adoption Rises Steeply in Cuba Amid Heavy U.S. Sanctions

Cuba’s central bank has approved crypto and provided licensing criteria. The NBC reporter claims Cubans embrace the future. In reaction to the heavy U.S. sanctions, Cuba adopts bitcoin and other cryptocurrencies. According to a television report, more than 100,000 Cubans utilize digital currencies like bitcoin. For example, the NBC news

May 9, 2022 1 min read

Mining Capital Coin CEO Accused of $62M Cryptocurrency Scam

Crypto mining and trading were not the focus of Mining Capital Coin’s investments. Last week, a South Korean crypto exchange chief executive was detained. The U.S. Department of Justice has accused Luiz Capuci Jr., Mining Capital Coin CEO, of organizing a huge cryptocurrency fraud operation. Charged with many felonies, including

May 7, 2022 1 min read

The Four Best Cryptocurrency Exchanges in 2022

Decentralized exchanges are global marketplaces where users can engage in peer-to-peer transactions. Not having to act through a bank or third-party system, all transactions are supported, documented, and executed by smart contracts on these DEXs. Coinciding with the rise of cryptocurrency over the past few years, DEXs have developed over

April 11, 2022 7 mins read