Latest Crypto News

  • U.S. President Joe Biden includes cryptocurrency to his newly signed executive order

    Based on the fact sheet, 16% of Americans have invested, traded, and used cryptocurrencies. Hence U.S. President Joe Biden called out and said to investigate the said digital currently.  In fact, he signed the executive order on Cryptocurrencies emphasizing the study of the risks and benefits of Cryptocurrencies the electronic equivalent of cash in your […] The post U.S. President Joe Biden includes cryptocurrency to his newly signed executive order first appeared on Next NFT Drop.

  • Celsius CEO ‘took control’ of trading strategy in January and clashed with staff: FT

    According to the FT sources, Celsius CEO Alex Mashinsky pushed for decisions that cost the company millions and angered staff. The post Celsius CEO ‘took control’ of trading strategy in January and clashed with staff: FT appeared first on The Block.

  • Crypto.com Expansion Continues, Now Registered In Canada

    Crypto.com has acquired the approval of the Ontario Securities Commission to become the first global cryptocurrency platform to be legally registered for operations in Canada.  Crypto.com To Offer Services In Canada Crypto.com’s global expansion continues. The latest country on the list is Canada, where the crypto exchange became registered to operate as its first global cryptocurrency platform. Crypto.com already has a presence in Canada and is regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and the Autorité des marchés financiers (AMF) of Quebec. Most recently, the platform signed a Pre-Registration Undertaking with the Ontario Securities Commission (OSC) in Canada, under which the regulatory body and all Canadian jurisdictions will jointly recognize the platform’s right to provide a suite of products and services.  Speaking on the subject, Crypto.com CEO Kris Marszalek stated,  “Compliance underscores everything that we do at Crypto.com. The North American market, and Canada specifically, represent a significant area of potential growth for the crypto market, and we are proud to work with the OSC and the CSA in providing Canadian customers access to a safe, secure, and reliable global platform.” Crypto.com’s Global Expansion Crypto.com has been on a roll, acquiring regulatory licenses in different countries and jurisdictions around the world. Due to this, it is fast becoming the most rapidly growing crypto platform in the world. Not only has the platform spread its ecosystem in the global crypto hotspots, but it has also scaled up with a 50 million-strong global userbase. In August alone, the platform gained regulatory access to the Cayman Islands and South Korea. In the latter, Crypto.com acquired two locally registered companies, which subsequently provided it with the EFTA and VASP registration in the country. The Cayman Islands Monetary Authority (CIMA) regulatory body also approved the company’s VASP application, making it a registered provider of virtual asset services. The month before that, Crypto.com was granted an operational license by the Organizmo Agenti e Mediatori (OAM), a regulatory body that oversees anti-money laundering efforts in Italy. Soon after, it also secured regulatory approval from the Cyprus Securities and Exchange Commission (CySEC) to officially operate in Cyprus. The company has also received licenses and approvals from regulatory bodies in other countries like the Monetary Authority of Singapore, the Dubai Virtual Assets Regulatory Authority, and the Hellenic Capital Market Commission (Greece). Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

  • NFT analytics firm Zash partners with Binance, marking push for data-backed projects

    Zash’s partnership with Binance suggests that we may see an uptick of NFT projects designed in a similar way to data-backed businesses. The post NFT analytics firm Zash partners with Binance, marking push for data-backed projects appeared first on The Block.

  • This Is How Much SHIB Do 100 Largest Ethereum Whales Hold
  • Mina Price Prediction 2022 and Beyond – Can MINA reach $10?

    Promoted as the world’s lightest blockchain, and rightly so, the Mina Protocol has been thriving in the market. This Mina price predictions explores the project details and price movement in 2022 and the years to come. A recent survey revealed that about 40% of the respondents showed their trust in the growth of the protocol […] The post Mina Price Prediction 2022 and Beyond – Can MINA reach $10? appeared first on Crypto Academy.

  • Dogecoin and other dog-themed memecoins rally while crypto market cools off

    Dogecoin and other dog-themed memecoins have clocked double digits gains, while the wider crypto market rally shows signs of cooling off. The post Dogecoin and other dog-themed memecoins rally while crypto market cools off appeared first on The Block.

  • Terra Launches New Proposal To Airdrop LUNA Coins to Users Who Received Incorrect Allocation in May 
  • Shiba Inu Trends Upwards Through Strong Whale Accumulations

    This year’s crypto winter has created one of the most devastating effects in the crypto space in history. But there appears to be a resettling phase for the industry with the recent outplay of events. Moreover, following the special report of the CPI for July and other factors, the crypto space is seeing an encouraging relief and hope. The crypto space is making a positive impact as the performance of some cryptocurrencies takes a gradual up climb. Among the outstanding performing crypto assets is the meme coin, Shiba Inu (SHIB). Related Reading: Dogecoin Ready For 4th Straight Week Of Gains – Even Without Elon Musk’s Backing The coin has not just staged its comeback but has taken a higher banner with its price rally. The price of Shiba Inu has gained significant value within the past 24 hours. The upward climb has the SHIB hitting $0.00001766 in its intraday trading performance. This excellent price stance from SHIB has gradually taken the token to the top in the past few days. The trend is supported by the massive and substantial accumulation of some prominent whales for the assets. Saantiment, an on-chain data analytics firm, provides reports on the progressive advancement of Shiba Inu. It revealed that the meme coin has been skyrocketing during the weekend. Its movement led to amassing up to 34% in value within the past 24 hours despite some tokens still maintaining a flat trend. Santiment explained that the SHIB price rally is linked to the backing from substantial whale accumulations of the coins. It disclosed that Shiba Inu had about 433 transactions estimated to be over $100,000. Shiba Inu Major developments And Price Movement Pattern There are some significant developments recently taking place for Shiba Inu. First, the global giant crypto firm, Binance listed SHIB on all its payment cards in the European market last week. With this support, customers with Binance cards could make payments using SHIB in more than 60 million merchants globally. Also, they would enjoy up to 8% cashback and zero FX charges. The description for the recent performance of Shiba Inu is tagged as a ‘Cup-and Handle’ trend that caused its price surge. The Cup-and-Handle is a technical term for a chart pattern similar to a cup and its handle. There is always the ‘U’ movement for the token and a little downward shift for the handle. Related Reading: Polkadot (DOT) To Retest $9.88 Resistance – Can Bulls Regain Solid Footing? By following this pattern, the meme coin possesses a remarkable ability to make an additional 50% price increase from its present position. As a result, there’s a forecast that the price of SHIB could hit $0.00002253 by September 2022. At the time of writing, SHIB is trading at $0.0000158, with an upward climb. Most of the spikes for the SHIB token occurred within the past 48 hours through massive accumulation. Featured image from Pixabay, chart from TradingView.com

  • Uzbekistan Blocks Access to Overseas Crypto Exchanges; Binance, Kraken, FTX, Huobi Reportedly Included

    The government in Uzbekistan has blocked internet access to unlicensed crypto exchanges based outside of the country, citing a need to protect its citizens from “fraudsters.” According to a statement published by the government of Uzbekistan, activity on foreign crypto exchanges that provide services to citizens of the country has intensified, without these companies obtaining the necessary license to offer their services there.... Read More: Uzbekistan Blocks Access to Overseas Crypto Exchanges; Binance, Kraken, FTX, Huobi Reportedly Included

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Bitcoin is a digital currency that was created in January 2009. It follows the ideas set out in a whitepaper by the mysterious and pseudonymous Satoshi Nakamoto.1 The identity of the person or persons who created the technology is still a mystery. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and, unlike government-issued currencies, it is operated by a decentralized authority.