Most of the DeFi tokens in the crypto space earn their value from the function and success of the protocol they stem from. Naturally, any change in the protocol’s ecosystem is bound to have a ripple e...
Tag: Effect
Binance CEO’s latest announcement had this effect on TerraUSD [UST] prices
The crypto market is slowly adjusting to a new normal after the de-pegging of TerraUSD [UST] sent ripples through the Terra ecosystem and the sector at large. At press time, the ex-stablecoin once peg...
Up by 21%, MKR’s whale activity is having this effect
By now, any investor who follows crypto knows the market crashed and burned this week. Both Bitcoin and altcoins suffered immensely following headwinds (Rising inflation, interest rate hikes, and geop...
Texas Transgender ‘Child Abuse’ Policy Can Go Back Into Effect, State Supreme Court Rules
Topline Texas’ policy directing state officials to investigate parents of transgender children for “child abuse” can go back into effect, as the Texas Supreme Court on Friday lifted a lower court’s or...
Tron’s foray into algorithmic stablecoins has had this effect on TRX
A wise man once said “Algorithmic stablecoins are fast becoming the norm – protocol-issued dollars coming to every blockchain.” Like a self-fulfilling prophecy, two days ago, Tron launched its USDD al...
Elon Musk’s latest NFT gesture on Twitter had this effect on ApeCoin [APE]
Elon Musk, for some odd reason, manages to shake up the core of the cryptocurrency market each time he says, does, or even thinks something. On 4 May, Musk went ahead and changed his Twitter display p...
The Elon Musk Effect? ApeCoin Skyrockets Minutes After Twitter Callout
ApeCoin (APE) prices skyrocketed on Wednesday after Tesla CEO Elon Musk changed his Twitter profile picture to feature several Bored Apes. APE jumped over 15% within minutes after Musk’s move, and is...
Breed Has Little Effect On Dog Behavior, Study Says
Topline Though some breeds of dogs—such as the “courageous” Bulldog and the “devoted” Golden Retriever—are popularly believed to show certain personality traits, a study published Thursday by Science ...
Bank of Spain Report Warns About Cryptocurrency Usage and Its Effect on Financial Stability – News Bitcoin News
The Bank of Spain has issued a new report that touches on the subject of the popularity of cryptocurrency usage and the possible effects it might have on the financial stability of the nation. In the ...
Ukraine bans Bitcoin purchases with local currency as martial law takes effect
The National Bank of Ukraine (NBU) is still taking measures to ensure no capital outflows following the negative economic effects caused by the Russian invasion. The country is now restricting cryptoc...
Netflix running ads may have one big downside effect: analyst
Netflix Co-CEO Reed Hastings dropped a bombshell on investors on the company’s late Tuesday earnings call — a potential cheaper, ad-based streaming subscription as a means to jump start growth. ...
Diffusion Pharmaceuticals’ 50-For-1 Stock Split Will Go Into Effect Tomorrow
Reuters U.S. charges ex-Brazilian CFO with planting false Berkshire Hathaway story NEW YORK (Reuters) -U.S. authorities on Monday charged a former senior executive at IRB Brasil Resseguros SA with fra...
India’s crypto trading volume plunges as new tax rules take effect
Crypto trading volume at India-based exchanges fell to its lowest levels in recent years after the country’s new crypto tax rules came into effect on April 1, according to data from crypto research fi...
Palestinians Could Run Out Of Wheat Reserves In Three Weeks In Ripple Effect Of Ukraine War
A Palestinian volunteer cook distributes food prepared with ingredients obtained from donors, to help needy families in an impoverished neighborhood in Gaza City in January 2021. AFP via Getty Images ...
Indian crypto exchanges’ volume plunges down as 30% tax goes into effect
Fresh data on Indian crypto exchanges’ trading volume reveals a significant decline in trading practices among Indians just ten days after the tax rule implementation. India’s new 30% cryp...
Maker’s recent 20% dip has had this effect on long-term holders
The mixed signals noticed in the past few weeks on the charts have left many investors confused, particularly Maker’s holders, given the altcoin’s recent movement. Nevertheless, not all of them are si...
Crypto Pundit Says Firms Need To Be More Vocal To Effect Changes In The EU’s TFR Crypto Regulation ⋆ ZyCrypto
Advertisement     Patrick Hansen believes more crypto companies should speak up. Pundits hold onto hope that MEPs will revise the TFR draft at the Trilogue stage. The ...
Tourism Minister of El Salvador Reiterates Effect Bitcoin Has Had on the Sector – Coinotizia
Morena Valdez, the tourism minister of El Salvador, has spoken on the recovery the tourism sector of the country has reportedly experienced even after the Covid-19 pandemic. According to Valdez’s stat...
Tourism Minister of El Salvador Reiterates Effect Bitcoin Has Had on the Sector – Bitcoin News
Morena Valdez, the tourism minister of El Salvador, has spoken on the recovery the tourism sector of the country has reportedly experienced even after the Covid-19 pandemic. According to Valdez’s stat...
The Musk Effect Strikes Again as the DOGE Price Fires Up
The Musk Effect: DOGE soared 10% after a widely-reported move into social media by Elon Musk. Elon Musk again influenced the price of Dogecoin (DOGE), which soared after it was announced that the bill...
Trading volume drops as 30% capital gains tax on crypto tax goes into effect in India
The new crypto tax regime in India has finally gone into effect, and it appears to be affecting the trading volume in the country. Media reports from the country suggest that trading volumes on crypto...
Crypto Trading Slows Down In India As New Tax Law Comes Into Effect
Trading volumes across different crypto exchanges in India have dropped by 15-55% as the new crypto tax law came into effect on April 1st. New Crypto Law Affects Trading Volumes The drop in trading v...
The economic spin-off effect of blockchain gaming
April 1, 2022, 1:46PM EDT • 15 min read Quick Take This weekly series explores the most interesting insights in NFTs, blockchain gaming, and virtual worlds Prices for plots of virtual land have taken ...
Indonesia’s New Crypto Tax Law Will Take Effect on May 1
Indonesia has joined a growing list of countries to impose taxes on cryptocurrency transactions and revenues. Indonesia Unveils Income Tax and VAT for Crypto An Indonesian tax official has revealed th...
Public outcry grows louder than ever as India’s 30% ‘crypto tax’ comes into effect
As people all around the world pull April Fool’s pranks on one another, countless Indian crypto investors and entrepreneurs are hoping the Indian government is playing one on them. However, that doesn...
The crypto trend in March and its effect on GreenHashes
Bitcoin movement statistics over the years indicate that March is not the best time for cryptocurrency. Most often, the coin shows a negative trend within a month. Here is what the statistics for the ...
Cardano: Hoskinson is ‘quite happy,’ but will Vasil have same effect on ADA’s price
Cardano founder Charles Hoskinson traveled to Dubai for Binance Blockchain Week 2022, but he certainly didn’t leave the Cardano community on read. Hoskinson loves connecting via AMAs and this occasion...
Network Difficulty “Bomb” For Ethereum Expected To Take Effect In June
The Ethereum blockchain network is on the cusp of adopting a proof-of-stake consensus mechanism. “The merge,” as the combination of Ethereum’s execution and consensus layers is called, is already in i...
Citizens In Argentina Turn To Play-To-Earn Games To Beat Inflation And Its Effect On Their Salaries
On March 22, Bloomberg released a report that revealed Argentines are embracing play-to-earn games for beating inflation and their diminishing salaries. Axie Infinity has become popular among Argentin...
Bitcoin to have no positive effect with Fed’s increased rate
Bitcoin price to have a suboptimal reaction with the increase of Fed rates The price has sustained $41,000 price range with the inflation going up The increase of 25 basis points in the rate has exc...