Wed, September 16

Ukraine’s New Fiat Currency Restrictions To Benefit Crypto Sector

A currency devaluation of 25% was announced on Thursday. Withdrawals from payment cards have now been capped to 12,500 hryvnia per week. National Bank of Ukraine’s (NBU) new policies is a reaction to the changing economic foundations of the nation amid a continuous war with Russia. A currency devaluation of

July 24, 2022 2 mins read

DOJ Convicts ‘My Big Coin’ Founder of Crypto Fraud Over $6M

The coins were not secured by gold or even other valuable assets as claimed. CFTC also brought allegations against Crater and My Big Coin in 2018. It was stated on Thursday that My Big Coin Pay Inc. founder Randall Crater had been found guilty of crypto fraud by the United

July 24, 2022 1 min read

California Lawmakers Lift Crypto Donations Ban For Political Campaigns

Anonymous or outside contributions will not be allowed under the new restrictions. All political campaigns must also have adequate KYC procedures. As a result of a decision by California lawmakers, the state’s restriction on crypto contributions to state and local politicians has been lifted. Donations of any size (within the

July 23, 2022 1 min read

Twitter Reports $270 Million Loss in Q2 Amid Elon Musk Controversy

The social media firm now has 237 million daily users. Elon Musk offered to buy Twitter for $44 billion in cash, or $54.20 a share. Elon Musk’s pending purchase of Twitter and a fall in advertising revenue were blamed for the social media company’s second-quarter loss of $270 million. According

July 23, 2022 2 mins read

Texas Widening the Exchange Options for Its Residents

RPT wants to establish a new clause in the Bill of Rights. The clause would permit people to possess any form of money including digital currency. The Republican Party of Texas (RPT) is planning to add a new amendment to the Bill of Rights, that would grant people in Texas

July 23, 2022 2 mins read

Bitcoin (BTC) Perpetual Contract Price Analysis: July 23

On July 23, the bullish BTC price analysis is at  $24409. BTC’s bearish market price analysis for July 23, 2022, is $22367. Bitcoin’s MA shows an upward trend. In Bitcoin Perpetual Future (BTC) price analysis on July 23, 2022, we use price patterns, and the Moving Average of BTC to

July 22, 2022 3 mins read

Institutions Liquidation Overflow On Bitcoin Will it Continues?

Public Bitcoin miners sold 4,456 BTC in May alone. 3AC owes lenders 18,193 BTC and the equivalent of 22,054 BTC in GBTC. Since May 10, the largest institutions have sold up to 236,237 Bitcoin (BTC), worth $5.541 billion at the time of writing, some often as a result of forced

July 22, 2022 2 mins read

Investment Firm BlackRock Loses $1.7 Trillion Over Last 6 Months

Around $21 billion has flowed out of active equities in the last decade for BlackRock. BlackRock’s customers withdrew more than $20B during the first half of the year. There has been a direct and indirect impact on the financial environment due to geopolitical and macroeconomic upheaval. Of course, crypto firms

July 22, 2022 2 mins read

Finland Customs Generate $47 Million Selling Seized Bitcoin (BTC)

The tender wasn’t finalized until April this year when two businesses were selected. The agency still has 90 Bitcoin (worth roughly $2 million) in its control. The Finnish customs officials auctioned a total of €46.5 million ($47.35 million) in seized Bitcoin. A press statement today claims that the 1,889.1 Bitcoin

July 22, 2022 2 mins read

Asian Crypto Exchange Zipmex Re-enables Client Withdrawals

The exchange said on Wednesday that it had halted all withdrawals. Trade wallet deposits and withdrawals will begin at 17:00 UTC today. Zipmex is preparing to reopen withdrawals and deposits using its Trade Wallet function the day after it had frozen user withdrawals owing to the market’s volatility. They said

July 22, 2022 2 mins read