Bitcoin value drops to $36.7K as FUD over another China crackdown blurs in minutes
The best endeavors of mainstream media to start another value crash flop as BTC/USD bounce back after a mere 10% drop. Bitcoin saw a fresh price dip on May 21 amid reports that China had reiterated its pledge to crack down on mining and trading. China and Bitcoin: Old news Data from Data and Tradingview showed BTC/USD shed […]
Crypto limps to end of the week after hammer blows from Musk, China
The cryptocurrency market nursed its wounds Friday after a week of pain triggered by a Chinese regulatory warning shot, forced selling, and a possible U.S. tax clampdown. If that wasn’t enough, Bitcoin believers are still fuming after onetime proponent Elon Musk did an about-face and criticized the token for its energy usage. Bitcoin fluctuated around […]
Ethereum Flippening Bitcoin, Could this be the End?
Word on the street is that every time people start talking about “The Flippening,” the market crashes. The possibility of a mythical time when Ethereum’s market capitalization surpasses that of Bitcoin is a common meme in the crypto industry. And this time, it was close. This year, Ethereum’s growth is not to be ignored. Is […]
Bitcoin: Hong Kong Government set to Ban Merchandise trading
Only millionaires will be permitted to exchange Bitcoin and cryptocurrencies in Hong Kong if the FSTB proposition is passed by the city’s assembly. Hong Kong regulators have moved to ban retail exchanging Hong Kong following quite a while of extraordinary theory about a probable denial. As indicated by a report by Reuters on Friday, the […]
Senator warns lack of regulations could harm Australian crypto innovation
Australian senator Andrew Bragg has urged regulators to develop clear and comprehensive regulations to encourage innovation and ensure global competitiveness. Conservative Australian senator, Andrew Bragg, has asserted that Australia must introduce better regulations for crypto assets if the country is to “stay ahead of the game” and foster innovation. Appearing on Sky News, the member of […]