Sat, November 16

Bitcoin (BTC) Price Surges 10% As the US Declared Sanctions On Russia

As financial markets rose, the price of cryptocurrencies followed suit.  The bulls made a comeback, and the coin surged by 10%. Bitcoin and Ethereum have recovered from Thursday’s plunge in the cryptocurrency market on Friday. According to statistics from coinglass.com, Bitcoin’s rapid rise has wiped away $172 million in short

February 25, 2022 2 mins read

Mexican Senator Plans to Accept Bitcoin as Legal Tender

The Mexican Senator of Nuevo Leon plans to accept Bitcoin (BTC). Indira Kempis Proposes to legalize BTC as legal tender in Mexico. The Senator follows the footprints of El Salvador to adopt BTC.  As the Mexican Senator, Indira Kempis is very eager to make the country a crypto-friendly space, she

February 25, 2022 2 mins read

Russia Might Legalize Crypto Amid Latest Sanctions By the US and UK

The government may soon legalize crypto to continue its invasion of Ukraine. US market indexes did recover and closed the day with gains. According to the reports, Russian President Vladimir Putin has sidestepped the first wave of financial penalties imposed by the West. The government may soon legalize cryptocurrencies to

February 25, 2022 1 min read

India Issues Guidelines for Crypto Advertising in the Country

The recommendations apply to all marketing relating to virtual digital assets (VDA). The standards outline how the disclaimer should be designed. The Advertising Standards Council of India (ASCI) announced rules for advertising and promoting virtual digital assets and services on Wednesday. The recommendations apply to all marketing relating to virtual

February 25, 2022 1 min read

Crypto Industry Expected to Flourish in Russia to Overcome Sanctions by the West

Russian BTC miners contributed roughly 11.2% of the worldwide BTC hash rate. SWIFT and crypto transactions will not be affected by the new limits. According to experts, Russia may use cryptocurrencies to avoid the sanctions imposed by the United States as part of its ongoing conflict with Ukraine. Today morning,

February 25, 2022 1 min read

Global Crypto Market Stabilizes After Recent Bloodbath

Vitalik Buterin has reacted strongly to Russia’s invasion of Ukraine. The price of oil has risen by 2% in a single day. After the Russian invasion of Ukraine started, the global crypto market experienced its worst day ever since the value of cryptocurrencies has been steadily decreasing. Bitcoin was a

February 25, 2022 1 min read

Popular Analyst Predicts Bitcoin (BTC) to Reach $28,800 in Few Days

The Luna Foundation Guard (LFG) raised $1 billion in a private token sale. Peter Brandt, a seasoned Futures and FX trader has been trading since 1975. Several cryptocurrency experts believe that after Bitcoin (BTC) failed to hold onto its $37,000 support and fell by more than 10%, the world’s most

February 24, 2022 1 min read

Following El Salvador, Bitcoin (BTC) as Legal Tender Likely in Q2 in Tonga

Fusitu’a clarified stages two and three during a Twitter space discussion. The purpose of the gazette is to inform the public of new developments. There is a timetable for the adoption of Bitcoin in the nation of Tongan ex-MP Lord Fusitu’a has stated. Fusitu’a, a Tongan nobleman, has already revealed

February 24, 2022 1 min read

Kazakhstan Ministry of Energy Shuts Down 13 Illicit Crypto Mining Farms

Thousands of citizens took to the streets in early 2022 to protest rising power bills. Kazakhstan promised to tighten down on unregistered cryptocurrency miners. Thirteen unlawful digital asset mining farms were uncovered and shut down by Kazakhstan’s Ministry of Energy. All of them were using over 200 megawatts of power

February 24, 2022 1 min read

Mitsubishi UFJ Financial Group (MUFG) Discontinues Blockchain-based Project

The project was announced in February 2019, with MUFG teaming forces with Akamai. MUFG has also been working on a platform for managing security tokens. According to CoinMarketCap, the global crypto market cap is $1.75T, way below the $2T threshold, as the sector faces a severe downtrend. Mitsubishi UFJ Financial

February 23, 2022 1 min read