Investors were flummoxed by the sharp fall in Bitcoin’s value and that of other cryptocurrencies this past week, leading the total crypto market capitalization to plummet to as low as $1.23 trillion o...
Category: Crypto
Live Crypto News Updates.
5 Top Defi Crypto for High Profits May 2022 Week 3
Over the last few weeks, the crypto market has experienced drastic price movements with price marks touching lower lows. Given these movements, several crypto assets have given opportunities to invest...
Top Crypto Exchange Ongoing Video Conferences: Interest in Brazilian Crypto Expansion – Coinpedia – Fintech & Cryptocurreny News Media
The two cryptocurrency exchanges, Binance and Coinbase CEO had scheduled to meet with Brazil’s Central Bank president Roberto Campos Neto over the past few days. The Portal Do Bitcoin, a Brazilian pu...
South Korea Launches “Emergency” Inspection of Crypto Exchanges Following Terra Crash
Financial authorities in South Korea have beefed up crypto exchange inspections to boost investor protection following the recent collapse of LUNA and TerraUSD (UST) tokens Per the announcement: ...
Crypto Will Start Being Taxed in Portugal, Finance Minister Confirms – crypto.news
A recent report has unveiled Portugal Finance minister’s order, which states that all crypto assets holders will face taxes, after years of the country being considered an offshore for crypto. The sec...
After A Big Q1 Loss, This Crypto Exchange Is Slowing Down Hiring
Crypto exchange Coinbase said on Tuesday it will slow down its hiring plans in the face of a market downturn. Emilie Choi, President and Chief Operating Officer at Coinbase wrote in a blog that the re...
SEBI Seeks To Prohibit Celebrities from Promoting Crypto Products
In light of recent concerns raised by the Indian Parliament’s Standing Committee on Finance, the Securities and Exchange Board of India (SEBI), a regulator of the securities market in India has propos...
Investment banking giant Nomura to launch crypto services for institutions
Investment banking giant Nomura Holdings, Inc. (“NHI”) today announced the creation of a new digital asset company that will offer institutional clients a comprehensive suite of trading, investor prod...
Latest Market Crash Could Be Turning Point for Bitcoin and Crypto, According to Michael Saylor – Here’s Why
MicroStrategy CEO Michael Saylor is weighing in on the future of crypto a week after one stablecoin collapsed and sent ripples through the industry. In an interview with Fox Business host Charles Payn...
Celebrities Should Stop Endorsing Crypto
The Securities and Exchange Board of India (SEBI) has recommended that “prominent public figure” should refrain from endorsing crypto assets. Sources told BusinessLine that the watchdog has submitted ...
Will These Popular Tokens Regain Their Lost Glory as Crypto Markets are All Set to Take Off!
The crypto space is currently trying to recover from the recent losses as Bitcoin yet again ranges high beyond $30,000. This recovery phase still lags significant momentum as the upswing is only becau...
Stablecoin supplies and cash reserves in question amid crypto exodus
Cryptocurrency investors and traders have cashed out $7.7 billion from the stablecoin Tether (USDT), resulting in its market capitalization falling by 7.8% over the past seven days to $76 billion. The...
Grayscale Investments rolls out its first European crypto ETF
Leading digital asset manager Grayscale Investments has teamed up with HANetf to launch a crypto-based exchange-traded fund (ETF) in Europe. On the 16th of May, the company announced this bullish news...
Portugal’s Status as a Crypto Tax Haven Appears to Be Ending
Portugal’s days as a crypto tax haven may be numbered. Minister of Finance Fernando Medina announced on Friday before a full meeting of Portugal’s parliament that crypto assets in the country soon wil...
The Least Crypto-Friendly Countries in the World for Enthusiasts
The least crypto-friendly countries: These destinations have outright banned crypto or do not support crypto in public places like cafes, restaurants and shops. If you want to drop some big spends usi...
Crypto Thief Steals $42k After Threatening to Chop off Victim’s Fingers
Authorities in the United Kingdom have sentenced a 24-year-old man to five years in prison for stealing cryptocurrencies worth £34K (about $41,900) after threatening to chop off the victim’s fingers i...
Japan’s Largest Investment Bank Formed Institutions-Focused Crypto Unit
Only days after launching its first-ever Over-the-Counter Bitcoin derivatives to institutional clients, Japan’s largest investment bank Nomura doubled down on its crypto-based services by launching a ...
Top Crypto Analyst Says Bitcoin (BTC) Just Flashed ‘Extremely Reliable’ Bottom Indicator
A closely tracked crypto trader says Bitcoin (BTC) just flashed a signal that has historically marked the bottom of previous bear markets. In a new strategy session, analyst Kevin Svenson tells his 68...
Portugal to lose crypto tax haven status as state announces gains duties
To the chagrin of many Golden Visa seekers, Portuguese Finance Minister Fernando Medina has confirmed that his country will begin taxing cryptocurrency but has not committed to a date. The move to sta...
Dahab Alealam: Major Muslim crypto-asset set to launch the Open Token Sale
In the Muslim world, the crypto economy is strengthening its foundations. In early May 2022, Arab News announced the use of Bitcoin as a means of payment by Emirates, a major airline. Cryptocurrencies...
Terra Like A Crypto “Pyramid Scheme,” Says Activist Investor Bill Ackman
Activist investor Bill Ackman weighed in on the recent Terra crisis, calling the protocol a crypto version of a pyramid scheme. Ackman’s comments come in wake of the Terra blockchain losing most of it...
The Dismay of the UST Stablecoin Tenure; An Unexpected Fall – crypto.news
In a very harrowing turn of events for Terra, the blockchain ecosystem has opted to indefinitely halt the trade on its UST and LUNA tokens. The second halt in 24 hours came at a very ominous date, Fri...
US federal judge approves of Justice Dept criminal complaint on using crypto to evade sanctions
The United States Department of Justice may move forward on a criminal prosecution case against a United States citizen who allegedly violated sanctions through cryptocurrency. According to a Friday o...
How Not to Run a Crypto Exchange
Crypto exchanges balance business interests against security risks. Users want fast withdrawals, and also expect their funds to be secure. Cold, or offline, wallets are safe from hackers but slow down...
Elia Coin (ELC) Is Now Available for Trading on LBank Exchange
INTERNET CITY, DUBAI, May. 13, 2022 – LBank Exchange, a global digital asset trading platform, will list Elia Coin (ELC) on May 13, 2022. For all users of LBank Exchange, the ELC/USDT trading pair is ...
Indian Regulator SEBI Proposes Banning Public Figures From Endorsing Crypto Products – Regulation Bitcoin News
The Securities and Exchange Board of India (SEBI) has reportedly proposed banning public figures, including celebrities and sportsmen, from advertising and endorsing crypto products. The regulator als...
California regulator will revisit long-running ban on crypto donations on May 19
A California state regulator may be looking at overturning a ban on cryptocurrency donations to political campaigns which has been in effect since 2018. According to its May 2022 agenda, California’s ...
LFG Swapped Over 80k BTC for $UST Soon After Stablecoin Lost Peg – crypto.news
On May 16, Wu Blockchain reported that the LFG currently holds a reserve of merely 313 BTC. The announcement came after LFG noted that they converted most of their reserves when UST began to lose its ...
Australia Tax Office Says Crypto Under Focus This Tax Season
The Australian Tax Office (ATO) has highlighted four major problem areas it wants to focus on this taxation season, and digital currencies are prominently featured. According to the tax watchdog, any ...