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Search Results for: Cryptocurrency

Bitcoin Miners Cash in Significant Earnings Before Price Fall

BTC has been able to maintain a $24,000 support level over the previous weeks. Over the last day, the value of BTC has fallen by over 8%. Many investors lost money this year due to the bears’ unexpected appearance. After the price of the Bitcoin fell below $20,000, Bitcoin (BTC)

August 20, 2022 2 mins read

Crypto Market Fumbles, Over $600M Liquidated in Last 24 Hours

Bitcoin is now trading at roughly $21,485, down 8.2% on the day. With $201.3M, Bitcoin is the most liquidated asset, followed by Ethereum with $132.7M. Today, the leading cryptocurrency, Bitcoin (BTC), dropped to a new weekly low of $21,344, according to data from CMC, continuing a three-day trend of unfavorable

August 19, 2022 2 mins read

South Korea Cracks Down on Numerous Exchanges Over Regulations

The organization has identified 16 service providers. Local exchanges’ offices were raided last month as part of an inquiry. More than a dozen cryptocurrency exchanges risk losing clients in South Korea as officials crack down on international companies they allege are operating illegally in the country. According to a news

August 19, 2022 2 mins read

New Restrictions Cap Yearly Crypto Purchases in Canada

The customer’s ability to make net purchases may be restricted in certain cases. The cap limit does not apply to 4 major cryptocurrencies. In order to comply with rules, Canadian cryptocurrency exchanges have implemented procedures to restrict yearly purchases of crypto assets to CAD 30,000 (USD 23,250), with the exception

August 19, 2022 2 mins read

SafeMoon Price Prediction 2022 — Will SFM Hit $0.002 Soon?

Bullish SFM price prediction is $0.0004449 to $0.0010390. The SFM price will also reach $0.002 soon. SFM bearish market price prediction for 2022 is $0.0003606. In SafeMoon’s (SFM) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and much other information about SFM to analyze the future movement of

August 19, 2022 8 mins read

Ripple CTO Chastises Vitalik Buterin for Making Fun of XRP

The criticism of XRP made by Vitalik Buterin, didn’t sit well with David Schwartz.  Buterin was making reference to Ripple’s legal defense in an ongoing case against the SEC. According to David Schwartz, Ripple’s chief technology officer, who believes that eBay also creates BTC and ETH securities, cryptocurrency miners in

August 19, 2022 2 mins read

How Much Risk Will the Upcoming Ethereum Merge?

Ethereum’s much-awaited ‘merge’ is set for around mid-September. In the upcoming days, the ETH price may experience severe short-term volatility. The most widely used blockchain platform, Ethereum, is currently going through a significant transformation. Ethereum’s much-awaited ‘merge’ is set for around mid-September, and will shift from PoW (proof-of-work) to PoS

August 19, 2022 2 mins read

Crypto Exchanges in Ontario Have a $30K Annual Cap on Buying Altcoins

On August 16 Newton announced that they officially registered with the Ontario Securities Commission(OSC).  Many modifications were made to the Newton platform to safeguard investors from hazards. To “protect customers” despite stricter laws, Canadian cryptocurrency exchanges Bitbuy and Newton are implementing a $30,000 (CAD) annual “buy limit” for “restricted coins”

August 19, 2022 2 mins read

Ukraine Spends Crypto Donations on Various War Equipments

A total of $6.9 million was then spent on armored vests. It was reported by Elliptic that $5 million came from Polkadot co-founder Gavin Wood. Yesterday, Ukraine’s Vice Prime Minister Mykhailo Fedorov detailed the use of $54 million in cryptocurrency contributions. The most expensive item was unmanned aerial vehicles (or

August 18, 2022 1 min read