According to a recent policy change, the most popular Chinese social media platform, WeChat, now prohibits using any accounts that give access to crypto or NFT services. Cryptocurrency and NFT trading, issuing, and financing accounts will fall under the “illegal business” category under the new standards. The policy states: “Accounts
According to a Chainanalysis report, in the first half of 2021, Asia accounted for 28% of the overall $1.16 trillion global cryptocurrency transaction volume. Also, data from Messari shows Asian markets accounted for 43% of global cryptocurrency activities with $296 billion in transactions between June 2020 and June 2021. Last
Google search trends on the keyword “bitcoin” has achieved ATH in past 1 year. The restless investors and traders are the reason for the increase. The Bitcoin (BTC) search on Google has hit an All-Time High (ATH) in the last 12 months. This symbolizes the fear and anxiety among the
Cryptocurrency exchange LBank has continued to hire more crypto and blockchain talents as well as interns for its global offices. Against the backdrop of extreme volatility in the crypto market and investors dumping risky assets, as well as certain crypto firms laying off employees and freezing withdrawals, LBank makes a
As Bitcoin is slashed down reflecting a drastic price fall, investors are utilizing the chance to purchase BTC. So, even with their small amount of savings, users are eager to buy even less amounts of Bitcoin. Even though BTC holders are facing a huge loss in the market, the number
The Canadian businessman and investor Kevin O’Leary expressed his viewpoints about selling cryptocurrencies. In a recent interview, he declared that he is not going to sell bitcoin or any other cryptocurrencies even in the stage of the crypto market fall. In the interview published on Saturday, the Shark Tank star
Schiff has been outspoken about his disapproval of cryptocurrency. Investors are worried about the future and desperate to see a rebound. Despite his position as Euro Pacific Capital’s chief economist and global strategist, Peter Schiff isn’t hesitant to take on the pro-Bitcoin proponent’s front. And it’s evident that many people
Banks are reluctant to accept crypto transactions because of regulatory uncertainties. Trading volumes at CoinDCX have dropped 40% since the UPI ban. CoinDCX’s chief operating officer, Mridul Gupta, had joined the crypto exchange CoinDCX last year, where he hopes “to drive growth for CoinDCX business and build India’s leadership in
Los Angeles, United States, 18th June, 2022, Chainwire Outland, an emerging crypto art platform based in Los Angeles, CA, has announced that it has raised $5 million in its first seed round in March 2022. Led by OKG Ventures, IMO Ventures, Dragon Roark, and JDAC Capital have all invested in
Bitcoin reached a new low from December 2020. The whole crypto market lost over 70% of its value. A Bearish trend in the crypto world yet ended as a result of this, most dominant cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) reached a new low in 18 months. BTC touched the
