Vibe killers: Here are the countries that moved to outlaw crypto in the past year
From Bolivia to China, governments sought to restrict crypto-related activity for various reasons and with different tools. Go to Source Powered by WPeMatico
Month: January 2022
Low Volumes Across Crypto Spot Markets and Derivatives Indicate Bearish Conditions
Digital currency markets have slipped significantly in value during the last two weeks and the lower prices have not sparked higher trade volumes. Data shows cryptocurrency spot market volume has slipped from $1.4 trillion in November 2021, to this month’s $593 billion in volume. Bitcoin futures open interest and volumes have dropped considerably over the … Read more
Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, ACH*, FTM
BTC is oversold and possibly ready for a relief bounce, but this could be a trap for altcoins and Bitcoin if bull volume fails to sustain. Go to Source Powered by WPeMatico
When and why did the word ‘altcoin’ lose its relevance?
“Altcoin” has referred to all cryptocurrencies other than BTC since the advent of ETH. Today, however, many no longer qualify as altcoins. Go to Source Powered by WPeMatico
How to pick or analyze altcoins?
Before investing in altcoins, you should look into the project’s whitepaper, demand-supply elements, team and stakeholders behind the project. Go to Source Powered by WPeMatico
Value Locked in Defi Slides 21% in 2 Weeks, $200B TVL Still 10x Larger Than This Time Last Year
The value locked in decentralized finance (defi) has dropped 21.22% since January 4, 2022. At the time, the total value locked (TVL) in defi was $255.84 billion and today, the TVL is around $201.55 billion. TVL in Defi Loses $54 Billion in 2 Weeks While digital currency markets shed significant value during the last two … Read more
Custodial vs non-custodial NFTs: Key differences
This article explains the key differences between storing custodial and non-custodial NFTs, depending on wanting full control or submitting to a third party. Go to Source Powered by WPeMatico
Lawyer Accuses Huobi of Operating a Cryptocurrency Exchange That’s ‘Held Accountable Nowhere’
Houbi Global, which is based in Seychelles, has been accused by lawyer Jonathan Levy of operating without accountability to any jurisdiction. The lawyer adds that the exchange’s physical address in the island nation is for mailing purposes only. Accountability Issues U.S.-based lawyer Jonathan Levy has accused Huobi cryptocurrency exchange of running a decentralized global operation … Read more
Crypto and NFTs meet regulation as Turkey takes on the digital future
Despite unclear — or even lack of — regulation and taxation of cryptocurrencies, Turkey is increasingly using digital assets amid high inflation. Go to Source Powered by WPeMatico
Zimbabwe Signs Agreement Enabling Collection of Taxes From Crypto and E-Commerce Entities
The Government of Zimbabwe has confirmed signing an agreement with Daedalus World Limited which enables the latter to collect taxes from crypto and other content providers. Zimbabwe’s Stance on Crypto The Zimbabwean government recently said it had entered into an agreement with the British Virgin Islands-based Daedalus World Limited wherein the latter is expected to … Read more
