The National Bank of Ethiopia (NBE) clarified in a recent statement that it is still “illegal” to transact using Bitcoin or other cryptocurrencies. Citizens are encouraged to continue trading using th...
Category: Crypto
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Binance Bites Back At Claim It Enabled The Laundering Of $2.4 Billion In Stolen Crypto ⋆ ZyCrypto
Advertisement     According to a Monday report from Reuters, criminals laundered billions of dollars in cryptocurrency between 2017 and 2021 with the help of Binance, ...
Highly Anticipated Bill Aimed at Regulatory Clarity for Crypto To Hit Washington: Report
Two US Senators are about to introduce a new bill to Congress aimed at creating a comprehensive regulatory framework for the crypto industry. According to a recent report by Politico, Republican Senat...
What It Means to Be Chinese in Crypto
Crypto conferences used to be quite the scene in Shanghai: fancy venues in five-star hotels, rooftop bars overlooking Huangpu River at The Bund, where chandeliers sparkled above well-dressed, champagn...
Crypto and Tech Stocks Vulnerable to Quantitative Tightening Says Survey
Crypto, along with tech stocks, stand out as particularly vulnerable to quantitative tightening, according to a recent survey. As part of its bid to raise interest rates amid surging inflation, the Fe...
Binance Triggers Rally for Decentralized Finance Altcoin With Announcement of Strategic Investment
The native token of a decentralized exchange (DEX) is heating up after news broke that it was receiving an investment from the venture capital wing of crypto behemoth Binance. Today, Binance Labs anno...
The best coin to buy when crypto is bearish
SPONSORED POST* Crypto is an exceptionally volatile asset class and lucrative revenue opportunities are not just limited to bull markets. The best way to earn a reliable profit, in a bearish trend, is...
New York Senate Passes Bill Prohibiting Carbon-based Crypto Mining
A bill that prohibits crypto mining operations that make use of carbon-based fuel to run their facilities has been passed by the New York Senate. Proof-of-work mining, one of the two most popular dece...
Coinbase Cancels Job Offerings and Pauses Hiring Process Amid Crypto Bear Market
Top US crypto exchange Coinbase is altering its hiring plans as stagnating digital assets markets continue to put pressure on the industry. In a new blog post, Coinbase’s chief people officer L.J. Bro...
Goldman Sachs survey reveals increased institutional crypto adoption
Goldman Sachs, one of the largest financial institutions globally, recently completed a survey on the insurance sector. The survey results from some of the largest global asset managers showed that th...
This is How Altcoins Might React With Crypto Bill Introducing on June 7th
U.S. Senator Cynthia Lummis (R-Wyoming) has been working on an action plan for months. Lummis, a long-time proponent of cryptocurrencies, has been working on a proposal that would fully integrate digi...
Dubai Market Entices Leading Exchanges – Crypto.com Secures License
Prominent crypto exchanges like Crypto.com and Binance have been seeking to set up operations in Dubai’s crypto-friendly market. Crypto.com Gains Provisional Approval Singapore-based cryptocurrency e...
Brazilian Soccer Giant Sao Paulo Embraces Crypto as a Payment Method
One of the most successful Brazilian soccer clubs – Sao Paulo – allowed its fans to purchase match tickets with cryptocurrencies, becoming the first team in the country to do so. Diving Deeper Into Cr...
Bitcoin, Binance Coin, Elrond, and EOS Daily Price Analyses – 6 June Morning Price Prediction
The performance of the global crypto market has shown positive signs as it has improved further. The increase in the value of Bitcoin and other coins suggests that investors are bullish on the market ...
Regulators’ lack of deep knowledge is crypto’s biggest threat
According to Michael Moro, CEO of Genesis Global Trading, one of the main threats to crypto is in his view that policy makers and regulators just don’t understand the crypto asset class, and that they...
Binance partnered with Majid Al Futtaim to accept crypto as payment in their retail stores
The Majid Al Futtaim company, known for running a supermarket chain in the UAE, partnered with Binance to accept crypto. To be more exact, the firm will accept Bitcoin as a means of payment in its sup...
Asian Wealth Managers Shun Crypto Despite Rising Demand
Asian wealth managers are keeping away from offering digital asset products despite surging demand, a recent survey shows. Regulatory uncertainty and high volatility in digital assets has kept a major...
What Do You Actually Own? – crypto.news
NFTs have sparked a lot of curiosity lately — but they have also created quite a bit of confusion. Many people like the idea of owning digital items, especially digital art, but they aren’t exactly su...
New York’s push to ban crypto mining triggers response from community
As the state of New York pushes forward a bill that will ban proof-of-work (PoW) mining once approved, members of the crypto community express their disagreement through social media. In a Twitter th...
Crypto Exchanges Shift to Web 3.0, Are Non-Custodial Wallets the Future?
The Web 3.0 wave is fast catching up with centralized crypto exchanges and brokerages. In the past two years, there has been a gradual shift to the Decentralized Finance (DeFi) market, with more crypt...
Lawmaker behind NY crypto mining bill clarifies it is not a blanket PoW ban
? Want to work with us? CryptoSlate is hiring for a handful of positions! The controversial New York crypto mining bill is not looking to ban Proof-of-Work (PoW) crypto mining, Anna Kelles, the lawmak...
Host of Coin Bureau Says He’s Confident in Ethereum Rival Solana (SOL) Despite Recent Outages – Here’s Why
The host of YouTube crypto channel Coin Bureau remains confident in Solana (SOL) regardless of uncertainties spurred by the smart contract platform’s recent outages. In a discussion on crypto channel ...
SpartaCats Troll Doge a Billboard Advertising PURR Meme Coin in front of the Tesla & SpaceX Office
The SpartaCats meme coin project is going to place an advertising billboard in front of Elon Musk’s office. Since the well-known Dogecoin meme coin owes much of its popularity to the head of SpaceX, t...
Despite Strong Weekly Start With BTC Surge, This Top 50 Coin Drops 13%
Following a week of negative price action, Bitcoin rebounded close to $31,500 on Monday, with an upwardly movement of 5.6%. Ethereum, on the other side, rose by 6.7% and hovering on the edge of the $1...
Ethereum Stuck Below $1,900 as Altcoin Risks Further Decline
Jun 06, 2022 at 13:01 // Price The price of Ethereum (ETH) is in a downward correction as the largest altcoin has hit the previous low of $1,763 three times. Ethereum price long-term analysis: bearish...
Is the Crypto Winter Concluding?
Bitcoin, the king of crypto with the largest market capitalization, still maintains its dominance with more than double the market value of ETH. With its $598,072,136,863 valuations, there wouldn’t be...
Ethereum Price jumps 7% amid Crypto Market recovery…Buy Ether NOW?
Today is a good day for the cryptocurrency market. Most cryptos are up by more than 5% in the past 24 hours. Ethereum is one of those cryptos that managed to recoup all losses that happened from the p...