Bitcoin Exchange Guide

31/12/2021

The central bank of Mexico will launch its own digital currency by 2024, announced the Mexican government on social media. “Banxico reports that it will have its own digital currency in circulation by 2024,” the Mexican government wrote on its official Twitter account this week. In its post, the...

31/12/2021

Cryptocurrency exchange Coinbase is seeing a growing focus on Ethereum competitors, the institutionalization of decentralized finance (DeFi), and non-fungible tokens (NFT). This week, Surojit Chatterjee, Chief Product Officer at Coinbase, released some predictions for 2022. It noted that while it is...

31/12/2021

Sberbank, the largest and state-owned Russian bank, has introduced the country’s first exchange-traded fund (ETF) to offer exposure to companies involved in the blockchain industry. The fund launched by the bank is called Sberbank Blockchain Economy ETF that trades on the Russian stock market unde...

31/12/2021

The US Securities and Exchange (SEC) Commissioner Hester Peirce commented on crypto market participants like Coinbase and Senator Cynthia Lummis (R-Wyo.) calling for one regulator to oversee the cryptocurrency market. While she understands the interest in an exclusive regulator, Peirce, aka ‘Crypt...

31/12/2021

Bitcoin and Ether continue to struggle as they trade around k and ,800 respectively on Friday. The leading cryptocurrency is now testing a key technical level that has been acting as a floor for Bitcoin over the past two years. The latest drop in the largest crypto asset’s price has taken it to it...

30/12/2021

The United Arab Emirates (UAE) is introducing new rules to promote cryptocurrency development while curbing digital currency scams targeting investors in the country. Under the new rules, crypto scammers will face prison time for up to 5 years and a penalty of up to AED 1 million (just over 2k), sta...

30/12/2021

A new proposal has been submitted to Aave’s governance forum that calls for deploying the DeFi lending protocol to StarkNet, StarkWare’s permissionless and decentralized ZK-Rollup. Yael Doweck, product manager at StarkWare, submitted the proposal to onboard the protocol on behalf of StarkNet cre...

30/12/2021

The leading cryptocurrency exchange Binance will continue to operate in Ontario, Canada, after having a successful discussion with the regulators. In June, the exchange told its users that they would no longer stay open in Canada’s most populous province and asked users to close their accounts by ...

30/12/2021

Virtual real estate platform, the Sandbox, is planning to move to Polygon, a layer-2 scaling solution for Ethereum, to better cater to its growing audience. Polygon has been seeing an increasing amount of interest from applications and users who are priced out of Ethereum due to its high fees and sl...

30/12/2021

Just before the end of the year, the crypto market continues to take a beating. After the initial green start of the last week of 2021, prices have only been going down. This rout further extended to late Wednesday and early Thursday when Bitcoin price dipped further just under ,900 and Ether to abo...

29/12/2021

One of the four regulated cryptocurrency exchanges in South Korea, Coinone, has announced that it will no longer allow withdrawals to non-verified external wallets starting Jan. 24, 2022. If Coinone users want to withdraw their crypto assets to another digital wallet, they would have to register the...

29/12/2021

Iran has yet again issued an order to shutdown the authorized cryptocurrency mining centers to ease the strain on the country’s power plants and avoid a blackout, said Mostafa Rajabi Mashhadi, director of the state-run Iran Grid Management Co. and a spokesman for Iran’s power industry, in an int...

29/12/2021

Democratic Senator Elizabeth Warren, a crypto skeptic, again criticized cryptocurrencies, saying they are not the path to financial equality. “The crypto industry claims that crypto is the path to financial inclusion, but bitcoin ownership is even more concentrated within the top 1% than dollars. ...

29/12/2021

Zero-commission stock and crypto trading app Robinhood (Nasdaq: HOOD) announced on Wednesday that it would be launching the beta phase of its cryptocurrency wallet next month. The wallets will be rolled out to thousands of customers from the waitlist, growing to more than 1.6 million people. When Ro...

29/12/2021

Ethereum side-chain project Polygon has paid out a .2 million bug bounty in stablecoins to whitehat Leon Spacewalker and another .26 million to Whitehat2 in MATIC tokens for reporting the critical vulnerability in the protocol. The bug bounty was in excess of the maximum value of Polygon’s critica...

29/12/2021

The market is struggling to turn bullish as price takes a dip ahead of massive year-end options expiry on Friday, with the “max pain” point at k.

28/12/2021

Amidst this, another P2E game DeFi Kingdoms (JEWEL), has captured the interest of users, which is not listed on any exchanges and is seeing a gradual increase in users and transaction volume.

28/12/2021

The Ministry of Economy, Trade, and Industry (METI) of Japan will be conducting the first demonstration experiment using NFT technology in the fashion sector, as per the local reports. Under this experiment, an NFT will be attached to an outfit created by the designers. Besides selling one-of-a-kind...

28/12/2021

As predicted by Terra CEO Do Kwon earlier this year, the stablecoin TerraUSD (UST) has reached 10 billion supply before 2021 has been over. “UST marketcap is now B, the first decentralized stablecoin to achieve this milestone. There is no more doubt in the product market fit of decentralized money...

28/12/2021

Meanwhile, Mexico's third-richest billionaire continues to encourage his followers to invest in bitcoin and avoid fiat while the vice chairman of Alibaba Group announces, “I like crypto.”

27/12/2021

The leading exchange is yet to complete a full application process, but Bahrain central bank said licensing is just “a matter of formalities” and touted the kingdom as “the perfect place” for Binance to set up its headquarters in the region.

27/12/2021

27/12/2021

To mark the beginning of the last week of 2021, the crypto market is enjoying the greens. After the quiet weekend, on Monday, the total crypto market capitalization has risen 2.8% to .55 trillion. Amidst these greens, Bitcoin has moved back up above k to about ,480. But the leading cryptocurrency is...

27/12/2021

As for Elon Musk putting a literal Dogecoin (DOGE) on the moon, the Bridgewater Associates founder finds it “cute” and wants to know “what's next.”

24/12/2021

A request for proposal (RFP) has been opened to allow third-party platforms to apply to be the city's crypto converter.

24/12/2021

Dogecoin Foundation is working with Vitalik Buterin, the co-founder of Ethereum, on crafting a DOGE proposal for a ‘Community Staking’ version of Proof-of-Stake (PoS) that will allow every coin holder to stake their coins and earn rewards for their contribution to running the network. Ethereum i...

24/12/2021

Wyoming Republican Senator Cynthia Lummis plans to introduce a comprehensive bill next year covering tax taxation of digital assets and their categorization to consumer protections. Lummis, who is also a Bitcoiner and one of the most vocal crypto advocates, will also be pitching Congress on creating...

24/12/2021

The crypto market is green again going into the weekend. Bitcoin rose to ,500 on Friday in the Asia trading session during the winter festival season with thin liquidity. While sentiments are turning, Bitcoin hasn’t got out of its range yet and is still down 25.6% from its all-time high of ,000. D...

23/12/2021

For the first time, the floor price of Bored Ape Yacht Club (BAYC) NFTs has flipped that of CryptoPunks. The flippining happened on Wednesday when the lowest price at which BAYC was available for sale went to 53.9 ETH, while the floor price of a CryptoPunk NFT was 52.69 ETH. Today, however, the lowe...

23/12/2021

In his proposal, Polygon co-founder Mihailo Bjelic said they would commit up to million to incentivize Uniswap adoption.