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Cardano has fallen for the fifth consecutive session on Saturday. Investors in the digital currency are also still on the lookout as they expect to hit another all-time low point. At the time of writing this, Cardano was trading at $1.09, downward 10.27% for the day. This becomes the second single-day fall following the previous … Read more
Iran has now jumped on the growing trend that is the mass adoption of Central Bank Digital Currencies (CBDC) by sovereign nations. Iran’s Central Bank has announced its plans to roll out the trial phase of the Iranian CBDC as Iran looks to leverage the innovations the growing crypto industry affords to revive certain aspects … Read more
Michael J. Hsu, US Acting Controller of the Currency, has mentioned the benefits of putting regulations in place in the cryptocurrency sphere, especially on stablecoins. He said regulating the space will give the first benefit of “peace of mind and security” to people using them. While being a speaker at the British-American Business Transatlantic Finance … Read more
The US dollar is now fielding a continual decline amid inflation concerns despite the increase in Treasury yield as foreign currencies begin to outperform the S&0 500 and Nasdaq-100 US Dollar leveraged indexes. The US dollar continues to dip as investors and traders are happily betting against the green paperback. The ironic decline scenario despite … Read more
The United States Federal Trade Commission has warned the general public of the presence of a new playbook that is now being invoked by scammers that range from impersonation to theft using crypto ATMs. The global growth of the crypto industry post-Covid-19 has made the industry a hotspot for nefarious individuals and bad players. The … Read more
As we approach 2022, cryptocurrency breaches persist, with Peckshield reporting losses of $6.8 million in ETH-based tokens via Liechtenstein-based LCX AG. One of LCX AG’s hot wallets has been hacked due to a security issue. They announced the news on Twitter, assuring clients that they had taken safety precautions to safeguard other wallets and valuables. … Read more
Ethereum is a platform for digital currency, international transactions, and apps. The network has created a thriving digital market, as well as innovative novel approaches for producers to make money online. It’s accessible to anybody, anywhere in the globe – everything that you’d be requiting is an internet connection. LCX is dedicated to assisting both … Read more
BTCS, a blockchain firm listed on the Nasdaq stock exchange, has revealed that it will pay its next dividend in BTC and, in so doing, becomes the first firm to ever do so in the history of the exchange. Part of an official statement from the company sent to the sec states that it will … Read more
A famous analyst and participant of India’s Monetary Policy Committee claims that a complete cryptocurrencies ban will be hard to impose, and it’d just promote illicit practices and darknet involvement. She feels that cryptocurrencies must be controlled. Members of Monetary Policy Committee Believes Total Cryptocurrency Ban Would be Hard to Execute During a discussion on … Read more
Charlie Munger made a startling comment on cryptocurrencies at a recent conference as he praised China for banning crypto for good. The ultimate investor Charlie Munger says that cryptocurrency is nothing but a joke and a vehicle that is destined to crash, and those who will be chartering this vehicle would also meet the same … Read more
A new development for the SHIB token has managed to add momentum to the meme coin during the last 24 hours. The regulated cryptocurrency exchange based in San Francisco, Kraken, has officially listed the meme coin on its platform. The announcement for the event was made a month in advance. However, after making the announcement, … Read more
The price of Bitcoin has crashed after the news about the COVID-19 variant has hit the market. The investors who have placed their bets in Bitcoin are not sure how to deal with their claims that Bitcoin is the perfect hedge against inflation. One of the biggest critics of Bitcoin has taken this chance to … Read more