Uzbekistan Moves to Block Foreign Cryptocurrency Exchanges

Authorities in Uzbekistan are proscribing entry to on-line crypto buying and selling platforms primarily based outdoors the nation and never registered beneath its legal guidelines. A presidential decree obliges residents and native... Read more »

Ethereum Eyes $2,000 Following Final Merge Testnet

Key Takeaways Ethereum has risen greater than 12.5% within the final 24 hours as hypothesis mounts.  The upswing follows the profitable execution of the ultimate “Merge” tetnet. Additional upside momentum might ETH... Read more »

Moroccan Capital Markets Regulator Launches Fintech Portal

The Moroccan Capital Market Authority (AMMC), the capital markets regulatory physique in Morocco, introduced not too long ago that it has launched a fintech portal on its web site. The brand new... Read more »

FTC to probe BitMart over December 2021 hack

The U.S. Federal Commerce Fee (FTC) opened an investigation on BitMart on August 11 over a hack from December 2021 after BitMart’s operators — Bachi.Tech and Unfold Applied sciences LLC. — refused... Read more »

USDT volume on exchanges up 20% in 3 months

The ratio of Tether (USDT) on exchanges is up 20% within the final three months, in response to Santiment knowledge. 📈 The ratio of #Tether on exchanges has gone from 19.7% on... Read more »

Binance to cease off-chain transfers for WazirX

Binance has introduced plans to stop assist for off-chain fund transfers between itself and WazirX, efficient August 11. Customers on the WazirX platform will be unable to switch funds to Binance utilizing... Read more »

Brazilian Congress Fails to Vote on Cryptocurrency Bill, Next Discussion Scheduled for September

The Brazilian Congress failed to handle a proposed cryptocurrency invoice this week. Whereas the proposed public coverage was certainly on the agenda, the deputy chamber centered on discussing payments that are likely... Read more »

How Bitcoin whales make a splash in markets and move prices

Deriving their names from the dimensions of the large mammals swimming across the earth’s oceans, cryptocurrency whales consult with people or entities that maintain giant quantities of cryptocurrency.  Within the case of... Read more »

Miner data shows Bitcoin could have bottomed

Catching the coveted Bitcoin backside requires analyzing extra than simply its value. One of the crucial dependable indicators of market bottoms has traditionally been miner knowledge. Typically thought-about to be some of... Read more »

Amid miner capitulation, Hut 8 maintained BTC ‘HODL strategy’ in July

Canadian Bitcoin (BTC) miner Hut Eight Mining Corp. added to its large BTC reserves in July, because the agency maintained its long-term “HODL technique” within the face of market volatility. The Alberta-based... Read more »