Thu, September 24

Bitcoin HODL Reaches 5-year High Despite Bears Dominance

Since the beginning of 2017, a total of 7,495,059.588 BTC have been held in ‘HODL’.  Expert cautioned investors to hold off on buying BTC at the present time. As Bitcoin struggles to make a meaningful positive move this year, the cryptocurrency markets are putting investors to the test. It has

September 25, 2022 1 min read

Top 10 Cryptocurrency by Trading Volume, Tether Beats Bitcoin?

Tether (USDT) has a trading volume of 34 billion, which increased by 70.62%. Ripple price increased by more than 30% in the last 7 days. After facing a long bear trend, the month of September started with greens on the crypto market. As it, the price and trending volume of

September 25, 2022 2 mins read

CBK Believes Converting Kenya’s Reserves to Bitcoin Is Craziness

Studies have indicated that Kenyans are increasingly using or investing in cryptocurrency.  In a recent YouTube video, Njoroge questions the benefits of cryptocurrencies for the Kenyan economy. The governor of the Central Bank of Kenya (CBK), Patrick Njoroge, has called the notion of investing the nation’s reserves in bitcoin craziness.

September 25, 2022 1 min read

Russia’s MOEX Proposes Receipts For Digital Financial Assets

DFA receipts may be exchanged as securities as per the proposal. Those who aren’t ready to engage with distributed ledgers can benefit from this. In order to allow depositories to issue receipts for digital financial assets (DFAs). Russia’s primary equity and derivatives market has proposed new laws. Under the lack

September 25, 2022 2 mins read

Robert Kiyosaki Declares the End of Fake Money

According to Kiyosaki, the largest crash in human history is about to happen. The previous week, Kiyosaki urged people to invest in real money,citing bitcoin, silver, and gold as examples. This week, Robert Kiyosaki, the author of Rich Dad Poor Dad, tweeted about some of his opinions and financial teachings.

September 25, 2022 2 mins read

IRS Tightens Rules Towards Non-Tax Paying Crypto Users

IRS now has permission to examine unidentified individuals. Williams claims the government will use every available means to track down tax cheats. The United States is making further efforts to guarantee that its Internal Revenue Service (IRS) can properly collect cryptocurrency tax as the crypto ecosystem expands and trade volumes

September 24, 2022 1 min read

Bitcoin Mining Firm Compute North Files Bankruptcy

Back in April, the firm said that work had begun on a Granbury, Texas, co-location plant. Compute North has at least 200 creditors who are owed a total of almost $500 million. Cryptocurrency startups have had a rough winter. It has impacted the day-to-day operations of some organizations by creating

September 23, 2022 2 mins read

DBS Bank Expands Crypto Services Access to Customers

The DBS Digital Exchange, a platform for members exclusively, has increased its crypto trading service access. The bank announced the growth on Friday, citing an increase in the number of customers. Who choose self-directed investing strategies as the reason for the move. Assuming a minimum commitment of $500, this service

September 23, 2022 1 min read

United Kingdom Proposes Bill For Easy Crypto Seizures

 In June, the Met was able to confiscate a total of $158.0 million. Particularly enthusiastic about crypto adoption was the previous British government. To combat cybercrime, money laundering, and “foreign kleptocrats,” the Economic Crime and Corporate Transparency Bill was tabled in the United Kingdom’s parliament on Wednesday to strengthen police

September 23, 2022 1 min read

Russia To Legalize Crypto For Cross Border Payments

The Russian Ministry of Finance and its central bank have agreed on a proposed law. Crypto mining should be restricted to areas with plenty of available electricity. According to a report from the Russian news agency Tass. The Russian Ministry of Finance and its central bank have agreed on a

September 22, 2022 2 mins read