Cryptocurrencies like Bitcoin, Ether, and Dogecoin are being purchased in increasing numbers in Canada, likely due to the increasing popularity of digital currencies overall. This trend is likely to continue as more people become interested in cryptocurrencies and the opportunities they provide for investment and speculation. This is probably due to the increasing interest in … Read more
There has been a major push in recent years for people to slowly feel more comfortable with trading. But as more people are making their way towards these different trading platforms, they are slowly starting to realize that it is a lot harder than most people will give it credit for. Luckily however, there is … Read more
Traders need crypto wallets to secure and confirm their personal information. In order to sell, trade, and purchase cryptocurrencies, cold and hot storage come in two different forms: hardware and software. Unlike cryptocurrency exchanges, there are also specialized custom crypto wallets. Here are some of the best cryptocurrency wallets listed below: For novices, Coinbase Wallets … Read more
The price predictions shared by most of the analysts on November 30 for Bitcoin (BTC) were mainly bullish. This is because, in the recent trading session, Bitcoin has managed to cross a difficult level. Bitcoin Cross a Resistance Level The analysts shared bullish expectations for the largest crypto as Bitcoin demonstrated a strong performance in … Read more
Russian premier has come to believe that the time is reaching when Russia would need to explore alternatives. The country needs to do it instead of heavily relying on the world’s major banks and third parties for international payment settlements. The President seems to have been convinced such an alternative can certainly be explored through … Read more
Aave, a major liquidity protocol within the decentralized finance (DeFi) industry has made an announcement that is concerning for the entire community. The platform has announced that it has suspended several lending markets. For now, the protocol has clarified that they have halted the lending markets on a temporary basis. Aave Halts 17 Tokens’ Lending … Read more
While maintaining its 5-day gain average above 5%, the value of Chainlink has further increased and currently, the token is trading at $7.00. Skipping the question of whether Solana can make it back into the top-10 lead crypto coins, Solana too earned substantial value gains. Analysis of LINK Thursday’s opening was a shocker for most … Read more
Santiment, a data analytics firm recently shared information about the active addresses that are backing LINK. According to the firm, these addresses were recorded last week as they were active every day. Over 8k Active Addresses on LINK The firm has revealed that in the past week, they have recorded over 8,000 LINK addresses that … Read more
In the past few months, the world has grown very aggressive against Russia. The country has waged its war against Ukraine and since then, the US and the UN have passed multiple sanctions against it. Initially, it looked like Russia will be able to get through the difficult times. However, the situation has gotten worse … Read more
For over two weeks, the cryptocurrency industry continued facing a downtrend. Its demise came just because of the collapse of the cryptocurrency exchange based in the United States, the FTX exchange. Finally, the impact of the FTX collapse has started to fade and things seem to be recovering for the cryptocurrency industry. Binance Coin (BNB) … Read more
The crypto market has been reeling from the demise of FTX, which was one of the leading crypto exchanges, along with other businesses that were affiliated with it. Since then, one of the hot topics has been proof-of-reserves of different crypto exchanges, which they have been sharing to reassure their clients. However, this certainly has … Read more
Last week, it was confirmed via a leaked balance sheet that FTX backed Alameda Research with FTT belonging to customers on the exchange. After the revelation, it has been confirmed that there is a great void in the balance sheet of the FTX exchange. As the exchange no longer has the actual FTTs of the … Read more
In the year 2022, Shiba Inu (SHIB) has turned out to be a highly sustained cryptocurrency. The meme coin has been moving alongside the general trajectory as investors keep it sustained. Even the sell-offs carried out by the sellers are sustained and the same goes for the meme coin purchases. Are There Signs of Bullish … Read more
JUST (JST), a cryptocurrency based on the Tron network has experienced a major climb in trading value in recent trading sessions. JST Jumps Almost 1000% According to the price movement data of JST, it has recorded a 1000% surge in value. This has happened as the users on FTX are eager to find ways to … Read more
On Wednesday, the US dollar declined against a basket of its peers, but it was still close to the 2-decade high that it had touched on Monday. Traders were gearing up for yet another aggressive interest rate hike from the Federal Reserve in its next policy meeting in September. Dollar index down The dollar index … Read more
On Tuesday, European stocks ended the day lower, as they failed to shrug off worries of high interest rates amidst the possibility of an economic recession and a burgeoning energy crunch. Stocks erase gains The continent-wide STOXX 600 index had recorded gains of as much as 1% during the session, but it ended up erasing … Read more
According to a government report by Russia, crypto miners use over 2% of power consumption. Hence, officials are calling for a regulation of the sector. Crypto Miners Use More Electricity Compared To Agriculture According to the latest report, miners in Russia consume more power than farmers. Currently, crypto miners use over 2% of total electricity … Read more
Paraguay is closer to crypto adoption after a 40:12 vote from the Chamber of Deputies. The bill will regulate the trading and mining of cryptocurrencies in the country. The country’s Chamber of Deputies gave adopted the legislative framework. As a result, it will go to the House of Senate for approval. Once the Senate approves … Read more
A new draft law superseded an old bill with a 1-year tax and customs amnesty for Russian BTC miners. They revoked the tax benefit because it would have hurt the state budget. Russian Lawmakers Submit Amended Crypto Mining Regulations Without Miner Amnesty The State Duma in Russia has received yet another piece of legislation. It’s … Read more
Quantum Blockchain has introduced a new BTC mining algorithm. It will improve the energy efficiency and speed of the present crypto mining gear. As per the business, it has now moved on to live tests of BTC mining. It will use the usual version of the SHA-256 algorithm. Quantum wants to gather real-time data to … Read more
