Mon, June 29

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

Bitcoin (BTC) Prices Consolidates Breaking $37.5K Resistance Level

The $38,250 level is currently a powerful barrier to the price. Bitcoin has been up 3.63% in the last 24 hours. A steep drop in the price of Bitcoin led to support at $36,350. Above $37,000, Bitcoin built a base and began a rebound wave. The price surpassed the $37,500

February 23, 2022 2 mins read

Tourism Surged by 30% Says El Salvador Minister After Bitcoin Adoption

Most of the site’s visitors were from the Central American isthmus before. El Salvador’s tourism has surpassed the projections, with 1.4 million visitors. As of September 2021, the introduction of Bitcoin (BTC) as a legal currency in El Salvador has significantly increased GDP and tourist growth. According to Salvadoran Tourism

February 22, 2022 1 min read

Huobi Co-founder Claims Next Bitcoin (BTC) Bull Run in Late 2024

Since 2021, BTC has successfully maintained the $29,000 price level. Each halving has consistently resulted in a surge in Bitcoin’s value. According to Huobi’s co-founder, Bitcoin’s next Bull Run may not occur until late 2024 or early 2025. When speaking with CNBC, Du Jun cautioned that BTC’s halving cycle is

February 22, 2022 2 mins read

Cardano (ADA) Bags Second Spot in Terms of Daily Transaction Volume

The 24-hour volume of Bitcoin had decreased by 84% from its 3-month high. A total of $31 billion was transacted in a single 24-hour period on February 19. On-chain activity has surged on the Cardano blockchain, which currently trails only Bitcoin in current 24-hour transaction volume, according to Messari data.

February 22, 2022 1 min read