Russia’s Energy Minister Asks For Legalization of Crypto Mining
Russian energy minister has stated that the regulatory uncertainties surrounding crypto mining in Russia need to be resolved as soon as possible. Evgeny Grabchak, the Deputy Minister of Energy, has urged the government to legalize space, citing the country’s severe economic situation. Grabchak’s comments follow the imposition of some of the strictest economic sanctions against Russia […]
Coinbase Is Reportedly closing Deal to Acquire Brazil’s Crypto Unicorn 2TM
Coinbase is likely to purchase 2TM, one of Brazil’s largest crypto startups according to a story published on Sunday, March 27. According to reports, 2TM is a Brazilian holding company controlling Mercado Bitcoin, Latin America’s largest crypto brokerage, by the end of April 2022. This would be part of Coinbase’s effort to extend its footprint in […]
Bitcoin (BTC) Make For a Major Breakout to $47,000; Is Its 200 DMA Coming Soon?
The world’s largest cryptocurrency surged another 5% on Sunday eve moving beyond $47,000 for the first time in three months. BTC is currently trading 4.93 percent higher at $47,943 with an $891 billion market value as of press time. Bitcoin has made a major break above the $45,925 resistance level with its most recent move. […]
Terra (LUNA) Founder Prepares $10 Billion Bitcoin Reserve for the UST
Terra founder Do Kwon revealed plans to expand UST’s bitcoin holdings to $10 billion in a tweet on Tuesday. The Luna Foundation Guard has already raised $2.2 billion and plans to raise the $3 billion short-term target. With a long-term goal of $10 billion. Do Kwon feels that the sovereignty of the UST stablecoin is the […]
Japanese social media giant LINE to open NFT Marketplace On April 13th
LINE, a popular social media platform, has announced its entry into the non-fungible token (NFT) market. On April 13, the firm announced the launching of “LINE NFT,” a comprehensive marketplace. Yoshimoto Kogyo Holdings will be one of 17 major companies associated with the marketplace. Z Holdings, a subsidiary of Line, is also entering the market, […]