The latest cryptocurrency and crypto trading news and updates!

Ripple Receives Major Payment Institution License

Leave a Comment / Cryptocurrency / By Sharon Bloom

Ripple Receives Major Payment Institution License In a significant development for the cryptocurrency market, Ripple, a prominent player in the digital payments realm, has recently announced that it has received in-principle approval of a Major Payment Institution License from the Monetary Authority of Singapore (MAS), the country’s central bank. This authorization is of great importance …

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IMF’s Digital Asset Regulation Action Plan Unveiled

Leave a Comment / Cryptocurrency / By John Marley

The IMF Board of Directors considered the research “Elements of Effective Policies for Crypto Assets” (“Elements of Effective Policies for Crypto Assets”), which gave IMF member countries insight into what might be an appropriate legislative response to crypto assets, writes Reuters. Following the collapse of numerous crypto exchanges and assets in the past few years, …

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Bitcoin’s Recovery Doubtful Amid Challenging Market Data

Leave a Comment / Cryptocurrency, News / By Lana De la Rosa

Bitcoin’s recent bounce-back from the $25,500 support level on June 6 has showcased its resilience. However, market data from derivatives suggests that surpassing the $27,500 mark will not be an easy feat for the crypto. Challenges Ahead for Bitcoin’s Price Surge (approx. 70 words): Despite the quick recovery, the path to breaking above $27,500 appears …

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Time to Consider Selling Shiba Inu? Exploring the Potential of Pikamoon

Leave a Comment / Cryptocurrency, News / By Lana De la Rosa

In the realm of crypto investing, being an early bird often leads to substantial rewards. To make significant gains, access to accurate information and flawless execution is crucial. The SHIB community knows this well, with the early adopters reaping the benefits of their investments in Shiba Inu when it was initially launched at a …

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UK on the ‘impractical’ US crypto policy

Leave a Comment / Cryptocurrency / By Chloe Wilson

The United States is dragging its feet on crypto policy. Besides, the industry participants hope the United Kingdom will not follow suit and become a crypto Grinch. That’s according to Andreessen Horowitz (a16z), one of the most active investors in the Web3 industry. The corporation is concerned that the US is suffocating crypto. That puts …

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What is cryptocurrency lending?

Leave a Comment / Cryptocurrency / By George Burrell

What is cryptocurrency lending? A way for people to generate money out of thin air is through crypto lending! The technique is comparable to borrowing money from other investors. But the person in charge of the crypto lending industry betrayed customers’ confidence. And used their money to gamble on high-risk venture capitals that lost all …

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FTX Fiasco – Lessons to Be Learned

Leave a Comment / Cryptocurrency, News / By Betsy Miller

Many investors were taken aback by the recent collapse of the cryptocurrency exchange FTX. This left customers waiting for answers about an equivalent of $1 to $2 billion in missing money. FTX is currently in bankruptcy protection. Experts believe there are important lessons for cryptocurrency investors as the company’s future — and probes into the …

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The FTX Hack Leads to Crypto Collapse

Leave a Comment / Cryptocurrencies, Cryptocurrency / By Betsy Miller

During the weekend, crypto industry got “dirty” when FTX and its US subsidiary FTX US were hacked. Hundreds of millions of dollars were stolen from the exchange’s wallets. After sending $405 million to the wrong recipient, crypto exchange Crypto.com has come under fire. This alarmed crypto enthusiasts as the whirlwind of this week’s collapse of …

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Instability Across Major Stablecoin

Leave a Comment / Cryptocurrency / By John Marley

Major stablecoins were volatile due to market volatility and increased redemptions. Almost all major stablecoins lost value against the US dollar during the FTX scandal but mostly recovered as the market stabilized. This week’s drop in cryptocurrency prices is just a symptom of the infection from FTX. The stablecoins have been exposed to significant market …

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FIFA 2022 & Crypto.com – The Game Never Witnessed Before

Leave a Comment / Cryptocurrencies, Cryptocurrency / By Betsy Miller

Undoubtedly, the FIFA World Cup is the world’s biggest sporting event right after the Olympics. While the biggest companies strive to put their names around the arena, this year, FIFA chose Crypto.com as its main sponsor. Due to this decision, an audience of 4 billion people will gaze their ears and eyes towards the crypto …

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Twitter & Crypto – What Does the Future Hold?

Leave a Comment / Cryptocurrencies, Cryptocurrency / By Betsy Miller

The year 2022 has not been that of crypto billionaires’ favorite. But the $44-billion Twitter takeover by Elon Musk has made it look promising as it’s nearing its end. Even as a speculation, the Musk-Twitter extravaganza has birthed aspects of crypto-integration into one of the most famous social networks. While the deal sparked debate and …

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UAE’s Latest Meta Developments

Leave a Comment / Cryptocurrency / By John Marley

Multiverse Labs, an artificial intelligence ecosystem, has opened a metaverse city in Sharjah. The Sharjah Commerce and Tourist Department Authority supports the virtual city. Access will be available to all areas of Sharjah through the Sharjahverse. AI Ecosystem Multiverse Lab has launched a new Metaverse City in Sharjah to promote tourism in the United Arab …

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What Is Keeping Web3 from Adoption?

Leave a Comment / Cryptocurrency / By John Marley

According to the CEO of Trust Wallet, W3 faces three obstacles to being massively adopted. He mentioned that the present bear market may provide the Web3 sector a chance to resolve customer issues before the next bull market. Web3 may someday see widespread acceptance, but Trust Wallet CEO Eowyn Chen sees three major obstacles on …

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Crypto Market Overview: How Is Bitcoin Performing?

Leave a Comment / Cryptocurrency / By taylor smith

The prawns of the crypto world have joined the whales in their final stop to dispel the Bitcoin winter. The two opposing groups are HODLers — investors who hold bitcoin as a long-term supply and refuse to sell their assets — determined to fight off the shorts despite their portfolios in the red. Shrimps, investors …

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Top Cryptos to Check this Week: BTC, RUNE, SAND, DOT, ZEC

Leave a Comment / Cryptocurrency / By Vicki Wright

BTC was relatively quiet over the weekend. This even indicates that traders are playing safely and are not placing big bets until the upcoming meeting of the Federal Open Market Committee. Material Indicators have warned that Bitcoin could fall; However, they advised investors to be prepared to buy into the downturn because they believe a …

Top Cryptos to Check this Week: BTC, RUNE, SAND, DOT, ZEC Read More »

Cryptocurrency

Ripple Receives Major Payment Institution License

IMF’s Digital Asset Regulation Action Plan Unveiled

Bitcoin’s Recovery Doubtful Amid Challenging Market Data

Time to Consider Selling Shiba Inu? Exploring the Potential of Pikamoon

UK on the ‘impractical’ US crypto policy

What is cryptocurrency lending?

FTX Fiasco – Lessons to Be Learned

The FTX Hack Leads to Crypto Collapse

Instability Across Major Stablecoin

FIFA 2022 & Crypto.com – The Game Never Witnessed Before

Twitter & Crypto – What Does the Future Hold?

UAE’s Latest Meta Developments

What Is Keeping Web3 from Adoption?

Crypto Market Overview: How Is Bitcoin Performing?

Top Cryptos to Check this Week: BTC, RUNE, SAND, DOT, ZEC

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