Here is how one algorithmic indicator anticipated multiple phases of FXS’ protracted rally
Altcoins can rally for an infinite number of reasons, but some price spikes are more historically similar than others. Go to Source Powered by WPeMatico
Cryptocurrencies
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70% of US crypto holders started investing in 2021: Report
46% of respondents reported having $1,000 or less in crypto, while another 25% said they held between $1,000 and $10,000. Go to Source Powered by WPeMatico
Russia’s Tinkoff Bank Enters Crypto Space Through Swiss Company Acquisition
The Russian neobank Tinkoff is joining the world of cryptocurrencies with the purchase of a stake in Aximetria, a Swiss-registered and licensed company which provides clients around the world with services and solutions for digital financial assets. Tinkoff Bank Buys Stake in Aximetria TCS Group Holding, the owner of the Russian Tinkoff Bank, has reportedly … Read more
Aside from Shark Tank, Mark Cuban says 80% of his new investments are in crypto
Mark Cuban said he didn’t focus on the price speculation around cryptocurrencies like Bitcoin and Dogecoin, comparing it to “gamesmanship” akin to that of stocks. Go to Source Powered by WPeMatico
Russia’s National Finance Association Calls for Legalization of Crypto Investments
The main finance industry association of Russia has urged authorities to reconsider a position against crypto investments in the nation’s financial market strategy. The organization insists that the crypto investments of Russians should be brought out of the “gray zone” instead of being banned. Finance Industry Body Urges Government to Regulate Operations With Crypto Assets … Read more
Georgia Goes After Crypto Miners Using Subsidized Electricity in Historic Town
A record high consumption of electricity blamed on illegal crypto farms in northwestern Georgia has caught the attention of authorities in the capital Tbilisi. The central government and the local utility are taking on the issue of dealing with power shortages in the mountainous region of Svaneti. With Tourism Hit by Pandemic, People in Georgia … Read more
Pakistan’s central bank reportedly wants to ban crypto
Pakistan’s finance and law ministries are yet to make a decision on a potential blanket ban on crypto in the country. Go to Source Powered by WPeMatico
Political Parties in Thailand Voice Opposition to Government Plan to Tax Crypto Gains
As Thailand prepares to impose a levy on crypto profits, parties on both sides of the aisle have expressed concerns over the government’s current proposal. A number of political figures have insisted that important aspects need to be clarified in order to avoid double taxation of income related to cryptocurrencies. Thai Politicians Warn About Negative … Read more
The expanding Cosmos: Here’s why Osmosis (OSMO) hit a new all-time high
Aggregate trading volumes and TVL in the Cosmos ecosystem are lifting the same metrics at Osmosis DEX, resulting in OSMO price hitting new all-time highs. Go to Source Powered by WPeMatico
Today in Bitcoin history: 13-year anniversary of transaction between Satoshi and Hal Finney
At the time the first BTC was sent, there wasn’t even a cash value associated with the crypto asset, compared to the more than $43,000 it is today. Go to Source Powered by WPeMatico