Sat, November 16

Binance Contributes $10 Million to Ukraine Following Russia Invasion

Over the previous 24 hours, the amount received has almost doubled. The Ukrainian government has now received $18.9 million. Banks and conventional means of money transmission are sluggish, costly, and sometimes controlled and monitored; crypto has emerged as the preferred option for fundraising and gifts. There have been several social

February 28, 2022 1 min read

Non-zero Bitcoin (BTC) Holders Hit All-time High Surpasses 40 Million Count

817,445 non-zero balance addresses had at least one BTC. The supply-side dynamics of Bitcoin have offered numerous noteworthy measures. As of February, the number of Bitcoin addresses having a non-zero balance hit an all-time high on the Bitcoin network. Additionally, those wallets with a positive BTC balance are expanding their

February 28, 2022 1 min read

U.S. Senator Backs Bitcoin Reason Being Decentralized and Uncontrollable

U.S. Senator Ted Cruz of Texas expressed his support for bitcoin. Bitcoin is down 0.17% in the last 24 hours. Senator Ted Cruz of the United States claims that one of the reasons he is so enthusiastic about bitcoin is because it is decentralized and not controlled. And he went

February 27, 2022 1 min read

Coinbase Trading Volume Surges Amid Retail Interest Surge

Crypto exchanges have benefitted from the mainstreaming of digital assets. Trading volumes increased by more than 67 percent to $547 billion. Coinbase Global Inc (COIN.O), a cryptocurrency exchange based in the United States, reported a spike in quarterly trading volumes on a sequential basis on Thursday, citing price volatility as

February 27, 2022 1 min read

EU Commission to Ban Russian Banks From SWIFT Cross-border Network

The EU Commission has agreed to implement a range of steps to isolate Russia. There will be a transatlantic group to guarantee that all sanctions are implemented. Several Russian banks have been removed from the Society for Worldwide Interbank Financial Telecommunications (SWIFT) messaging system by the European Commission to limit

February 27, 2022 1 min read

Q4 2021 Report Reveals Cash App Brought in $1.96 Billion in Bitcoin Revenue

Bitcoin is down 0.25% in the last 24 hours. Sam Bankman-Fried has asked Block to clear up the misconception. The Q4 2021 earnings report from Block Inc., previously Square Inc., was issued on Thursday. Users may trade bitcoin using the company’s mobile payment platform, Cash App, detailed in the report.

February 26, 2022 1 min read

Bitcoin (BTC) Price Consolidates Around $39K Critical Level

BTC is trading below the 50-day and 200-day EMA. The rising trend line from $32,933.33 serves as sturdy support. On Saturday, Bitcoin (BTC) prices were consolidating. After six days of falling prices, the price rose to $40,300, its day’s high. On the other hand, the prices rapidly retreated to their

February 26, 2022 1 min read

ASCI Issues Guidelines For Crypto Advertisement and Promotions in India

Virtual digital asset (VDA) enterprises must comply with 12 rules. The ASCI claims that aggressive advertising for these items has been going on. A disclaimer on the risks of investing in digital assets in India will be required beginning on April 1. New rules issued by the country’s advertising authority

February 26, 2022 1 min read

Coinbase Continues Buying Crypto Regardless of Market Condition

Coinbase said that it has acquired an additional $350 million in cryptocurrencies. The exchange would be investing 10 percent of all revenues going forward in crypto. In August, Coinbase acquired $500 million worth of crypto assets, and it has since bought much more. There are many reasons to believe that

February 26, 2022 1 min read