Archived Posts

The price of an altcoin fueling the cryptocurrency venture Abracadabra has soared by more over 100% this week, leaving traders captivated. Token (SPELL) is now valued at $221 million, according to information from CoinGecko, and its price has increased by 116% in the last week, from a 7-day nadir of $0.00197753 to a peak of   Read more...

According to Glassnode’s co-founder and chief technology officer, on-chain data indicates that Bitcoin’s circulation will soon be constrained. Almost 2,000,000 BTC have moved from short-term to long-term investors since April 2021, according to the recent stats from the company. “Supply will be unable to meet demand,” asserts Rafael Schultze-Kraft of Glassnode. Long-term holders are those   Read more...

Regulations for cryptocurrency brokerage firms functioning in Canada were published by the Canadian Securities Administrators (CSA). The CSA and the Investment Industry Regulatory Organization of Canada together released Guidance for Crypto-Trading Platform (IIROC). It was released on the 23rd of September and discusses what’s needed before doing any marketing or advertising at all. Social media,   Read more...

Strategist Marion Laboure at Deutsche Bank’s research unit sees Bitcoin as digital gold, surviving for generations and essentially uncontrolled by the government. On the Deutsche Bank webpage, Laboure said that she might “possibly envision Bitcoin to becoming the 21st century’s digital gold,” but she cautioned investors about Bitcoin’s erratic behavior. Instead of using the coins   Read more...

While China does not seem to be enthusiastic about cryptocurrency, this is obvious. The government has just put an end to the mining business as a whole by initiating a crackdown on Bitcoin miners. The People’s Bank of China (PBOC) announced that all cryptocurrency transactions are prohibited. All services that enable trading, order matching, the   Read more...

ShapeShift, a decentralized cryptocurrency exchange, has announced that the organization they have created, the Decentralized Autonomous Organization (DAO), has carried out a second airdrop of 6,613,000 FOX Tokens to around 33,000 individuals that had been ineligible to receive the tokens because they were performing the tasks like staking or providing liquidity. There were numerous demands   Read more...

The Golem Network has unveiled Thorg, a user-friendly desktop program that enables the mining of Ether. Thorg, a decentralized computing network, uses the Golem Network as a foundation. From this basis, users are granted access to extra computational power in the form of payment in GLM, the Ethereum-based native crypto of Golem Network. Mining has   Read more...

The multi-faceted cryptocurrency suite NewsCrypto has historically committed to providing traders with secure tools for handling digital assets has launched the world’s first Stellar-to-Polygon bridge. The bridge will enhance interconnectivity between the two blockchains by using Wrapped XLM, which charges just 0.2 XLM per month, to do inter-chain transactions. Ranging from basic teaching to proprietary   Read more...

Financial authorities in the United Arab Emirates have agreed to legalize and promote cryptocurrency trading explicitly in Dubai’s economic-free zone. The Dubai World Trade Center Authority (DWTCA) said on Wednesday it has inked a contract to promote the regulation and trading of crypto-assets inside the Free DWTCA area with the UAES Securities and Commodities Authority   Read more...