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Search Results for: Cryptocurrency

Binance Steps Up KYC Standards, Partners With Kharon and Neterium

Additional security is needed for crypto-oriented platforms because of the inherent hazards. There will be a screening process on the Binance platform. To ensure sanctions compliance and protect the Binance platform from the possibility of unlawful crypto transactions, the well-established cryptocurrency exchange has teamed with two companies, including analytical data

May 29, 2022 1 min read

Monero (XMR) Faces Brutal Bear Pressure Breaking Key Support levels

A breakout over $155.8 suggested a short-term bullish bias. The positive bias was reversed when the price closed below $181.6. One of the main cryptocurrencies has performed pretty well on the price charts after the May 12 decline. When Monero fell below $133 in market value, it had a 70

May 29, 2022 2 mins read

Reserve Bank of India Reveals Launch Plans of Upcoming CBDC

In February, Finance Minister Nirmala Sitharaman announced a digital currency launch. There is still no official regulation on crypto in India. For 2021-22, the Reserve Bank of India (RBI) produced an annual report. One of the numerous subjects covered in the paper is India’s central bank digital currency (CBDC). “The

May 29, 2022 2 mins read

Paraguay Passes Crypto Regulation Bill Through Majority Votes

The Paraguayan Chamber of Deputies passed a cryptocurrency regulation bill. Deputies voted 40 to 12 to enact the revised bill draught in a special session. Several countries, including Paraguay, have followed El Salvador and the Central African Republic in approving Bitcoin as a form of legal money. In Latin America,

May 29, 2022 1 min read

Solana (SOL) Price Suffers Constant Setbacks Amid Sluggish Market Conditions

There will be an invalidation of the downtrend scenario if $49.50 is breached. The current price of Solana is $42.65 as per data from CMC. Solana pricing is experiencing stunning price activity amongst intraday traders. This week, the bears were successful in bringing the price down to even $40. The

May 29, 2022 2 mins read

Top 3 Altcoins For Investors: XRP, XLM and XDC

XDC Network is up 2.41% in the last 24 hours. The XDC Network uses a delegated proof of stake (dPoS) method. Let us look at the top 3 altcoins worth considering for investors in 2022. XRP (XRP) Open source, permissionless, and decentralized, the XRP Ledger (XRPL) was launched in 2021.

May 29, 2022 1 min read

Russia’s Deputy Minister of Industry & Trade Calls For Regulation on Mining

Shpak believes in bringing the sector into the open and making it accountable. Russia’s parliament was presented with a measure to accomplish legitimizing in late April. Russia’s Deputy Minister of Industry and Trade, Vasily Shpak, said that the actions of miners extracting digital currency account for more than 2% of

May 29, 2022 1 min read

Shiba Inu (SHIB) Witnesses Optimistic Attention Despite Poor Performance

SHIB’s price is falling, yet top Ethereum whales are still buying the cryptocurrency.  A decline in Bitcoin’s price causes SHIB to give up most of its profits. Investors are acquiring Shiba Inu despite the token’s recent decline. Seventy-seven percent of Coinbase investors have put SHIB on ‘buy,’ while just 23

May 29, 2022 1 min read

Traders Worried Despite Bitcoin (BTC) Price Short-term Rally

Since yesterday, the volume has dropped by over a quarter of a percent. After the fall, the crypto market lost billions, putting Bitcoin in danger. It’s deja vu all over again for the largest crypto, Bitcoin. It has already lost eight straight days and is doomed to keep going downhill.

May 29, 2022 2 mins read

Polkadot Slips to 11th Position By Market Value as Dogecoin Takes Over

The rally, eventually, lasted just a few hours. The price of Dogecoin has increased by 4.27 percent during the past day. Tesla CEO Elon Musk said on Twitter on Friday that his space exploration business SpaceX would soon accept Dogecoin as payment. As a result, Dogecoin’s value increased. DOGE rocketed

May 28, 2022 1 min read