Bookmarking Crypto Insights
Auto Added by WPeMatico
The cryptocurrency market’s momentum is slowing down once again after exhibiting high trading volume throughout the week. Bitcoin and Ethereum’s price manages to hold support, with BTC trading above $19k and ETH holding above $1,300. Let’s look at any relevant news affecting crypto prices this week. Key Points: The cryptocurrency market is losing momentum as … Read more
Cryptocurrency mining should be allowed in areas with excess energy and prohibited in those that experience deficits, according to Russian officials preparing to legalize it. An expert from the crypto industry has recently marked the regions where Moscow is likely to authorize mining and the ones where it will probably ban the extraction of digital … Read more
After rising in trading volume last night and stagnating in price, the cryptocurrency market is gaining momentum as Bitcoin trades above $19k, and Ethereum remains above $1,300. The 24-hour trading volume continues to rise, with BTCUSD’s 24-hour volume up 19%, currently at $59 billion, and ETHUSD’s trading volume up 32%, currently at $20 billion. The … Read more
Reserve Bank of Australia is researching the potential benefits of launching a central bank digital currency. The monetary authority released a white paper outlining its goals and invited interested parties to participate with proposals and suggest pilot projects. Central Bank of Australia to Pilot CBDC Until Middle of 2023 The Reserve Bank of Australia (RBA) … Read more
On Tuesday, September 27, 2022, Celsius Network CEO Alex Mashinsky submitted a letter of resignation from the company. Mashinsky added that he still plans to help the embattled crypto lender “achieve a successful reorganization.” Alex Mashinsky Resigns From Embattled Celsius — Founder Apologizes for the ‘Difficult Financial Circumstances’ After Celsius paused withdrawals on June 12, … Read more
The largest exchanges in Russia are ready to begin operating with cryptocurrencies right after authorities legalize cross-border settlements in crypto, according to a leading member of the Russian parliament. The stock and commodity trading platforms in Moscow and St. Petersburg are working to develop this market, the high-ranking official added. Russia’s Top Exchanges Waiting for … Read more
After showing signs of life on Monday, Bitcoin and Ethereum’s prices stagnate with little movement over the past 24 hours. The good news is that the trading volume for both BTC and ETH remains relatively high, which could suggest a potential upcoming bull run later in the week. Let’s look at relevant news affecting markets … Read more
Crypto lender Nexo is having issues with state authorities from California, New York, Washington, Kentucky, Vermont, South Carolina, and Maryland. The enforcement actions from multiple state securities regulators detail that Nexo’s Earn Interest Product (EIP) may be in violation of securities laws. Nexo Targeted by Several Securities Regulators Over the Crypto Lender’s Earn Interest Product … Read more
After remaining flat over the weekend and exhibiting little price action, Bitcoin and Ethereum are showing signs of life today as trading volume for both crypto assets rises significantly. Bitcoin is trading at $19k, up 1% in the past 24 hours, with a 24-hour trading volume of $40.2 billion, up over 77% today. In comparison, … Read more
Russia is preparing to authorize international crypto payments but people involved in the industry doubt this would allow the country to circumvent sanctions. At the same time, the United States has been tightening the noose, recently targeting the use of cryptocurrencies to dodge the financial restrictions imposed by the West with new legislation in Congress. … Read more