Pro-crypto City Of Lugano, El Salvador Sign Economic Agreement
El Salvador and Lugano strike an economic deal, in order to “foster cooperation with educational and research institutions.” El Salvador will create a physical government presence as part of the agreement. El Salvador and the southern Swiss city of Lugano have agreed to cooperate economically using blockchain technology and cryptocurrencies. The two pro-crypto jurisdictions signed […]
Fidelity Survey: Institutions Are Still Bullish on Crypto
The investment giant, Fidelity Survey says that 74% of institutional investors plan to buy crypto in the future. Even though Bitcoin is trading for 70% less than its all-time high of $69,044 during last year’s hot bull market, big investors are still interested. A survey by the Boston-based investment giant Fidelity calls that idea into […]
United Kingdom banks are a Threat to Crypto
Banks in the UK try to stop both businesses and people from investing in cryptocurrency. The problem should be fixed by the government. In 2018, the Financial Conduct Authority (FCA) of the United Kingdom wrote to the heads of the country’s biggest high-street banks to stress the importance of doing due diligence when doing business […]
Moldova Bans Cryptocurrency Mining Amid Energy Crisis
Because of a major lack of energy, the government of Moldova has decided to stop crypto mining in the country. The move is part of an emergency plan to cut power use because energy supplies are running low because of the growing conflict in Ukraine. To save power, the government of Moldova bans Bitcoin mining […]
Klaytn (KLAY) Cracks 30% Gains
Klaytn failed to move higher above $0.3 because the price fell sharply to a key support area at $0.2. The price of KLAY is still holding strong above the 50 Exponential Moving Average (EMA) as the price tries to move up toward $0.4. Klaytn (KLAY) has kept its strong price trend as it nears $0.3, […]