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Author: Ananya Mukherjee
Institutional Funds of Crypto See Largest Inflows in the last 3 Months
Cryptocurrency news By Ananya Mukherjee
Over the last few months, there has been a lot of fluctuations in the prices of cryptocurrencies. A prime example of the fluctuation is Bitcoin. The community saw that the price of Bitcoin experienced heavy lows. However, things are sort of getting back on track. According to the data from crypto best sites, there has been a weekly inflow of about $193 million. This value is more than half of the figure that has been provided to Bitcoin alone. However, Bitcoin wasn't the only one that was going through fluctuations in price. There are some other cryptocurrencies as well. However,…
South Korea has A High Adoption Rate for NFTs, According to Research
According to reports from top websites for crypto news, South Korea might be leading again in the blockchain industry since the citizens have been trying to adopt the NFTs at a pretty huge rate. The reputation of South Korea as a leader in technology is definitely moving forward in blockchain technology as more and more people are trying to invest in non-fungible tokens or NFTs. In the small East Asian country, the adoption rates for NFTs might just be the highest. Reasons Behind South Korea's Interest in the Adoption of NFTs There could be different possible reasons why South Koreans…
Grayscale All Set for Battling the Securities $ Exchange Commission Over Bitcoin ETF
Apparently, Grayscale which is a digital currency company has been gearing up for a legal battle against the SEC or the Securities and Exchange Commission regarding the fate of the Bitcoin ETF that it has. Legal battles can be pretty messy as they come and according to the latest news in cryptocurrency today, there is a huge battle that is to take place between Grayscale and the Securities and Exchange Commission. According to the CEO of the company, they have many options, and everything is kept on the table. The company has been planning to use all the resources in…
Oregon Senate Chairperson Considers A Lack of Safeguarding in Case of Crypto Tax Measures
The Oregon Senator wrote letters to crypto miners Argo Blockchain and Redivider Blockchain and to Opportunity Zone specialist accountant from accounting firm HCVT Blake Christian. A new initiative for clarity related to compliance from the Senator of the Finance Committee aims to ensure properly that the economically distressed people are receiving different benefits from the companies that are associated with crypto mining. According to news reports from good crypto sites, Ron Wyden, the Democratic Senator has been trying to find out more about the different crypto companies that are trying to take advantage of the breaks in tax that are…
Top Crypto Trading Bots You Should Look Out for in 2022
Learn Cryptocurrency By Ananya Mukherjee
Bots are considered to be one of the most popular products since these are used in pretty much every single industry. Bots are basically defined as computer programs that are automated to complete different tasks without human intervention. For example, crypto trading bots are used for conducting activities of crypto trading in different currencies. Different bots for crypto trading are designed using different strategies but they all have the same objectives and that is the maximization of profits. In this article, we are going to learn about the top crypto trading bots. Best Crypto Trading Bots in 2022 You must…
Charles Hoskinson Admits Cheekily that He Was Completely Wrong About the DApp rollout
According to the reports from the best site to follow cryptocurrency, the co-founder of the Cardano blockchain Charles Hoskinson has admitted to something that he predicted about two years ago regarding the platform of Cardano. Since the crypto market is a pretty volatile one, the performance of a cryptocurrency is pretty impossible to be predicted properly. However, there are some experts who try and make accurate predictions about the different cryptocurrencies. Apparently, Charles Hoskinson, the co-founder of Cardano also made a prediction about the platform of Cardano about 2 years back and the prediction is yet to be completely realized.…
Rio De Janeiro Accepts Bitcoin For Taxes on Real Estate from the Year 2023
According to the best news site for cryptocurrency, Rio De Janeiro has taken a huge responsibility to include Bitcoin in its transactions from the year 2023. Apparently, Rio De Janeiro has made the decision to ensure that Bitcoin is included for real-estate tax transactions and it is a piece of pretty big news for sure. The changes are to be made in the transactions of Bitcoin from next year. The cause has been led by Mayor Eduardo Paes who is the leader of the city of Rio De Janeiro. There has been a lot of support for this cause led…
White House to Seek the Opinion of the General Public for Crypto-Climate Implications
The reports of India Today Crypto News state that an executive order has been passed by the President of the United States, Joe Biden, regarding the different implications of digital assets on the crypto-climate as well as energy resources for sure. According to the latest news reports, after the order was passed by the President, the Office of Science and Technology Policy or OSTP actually reached out to the general public of the United States for their opinion on the implications. This move was made by the OSTP as a result of the order that was provided by the President.…
Coinbase Will Starting Tracking the Off-Platform Transactions of Crypto For Japan, Singapore, and Canada
Compliance in the world of cryptocurrency is an extremely important change to include. With the increase in crimes in the digital asset world, there is a proper need to have compliance in the different cryptocurrency exchanges. According to the reports of crypto news for today, Coinbase has managed to take the first step towards such as change. There have been some new rules added to the cryptocurrency exchange Coinbase's mode of function which is going to make sure that the different compliance-related issues are no longer bothering the users of crypto from this particular exchange. Different Coinbase Users Will Have…
Things to Consider When Buying Crypto in 2022
The world of cryptocurrency is still going pretty strong. If we think about it, a few years back, we weren't even aware of a thing called cryptocurrency. But the scenario today is different as more people are looking forward to buying crypto in 2022. There are thousands of cryptocurrencies that have been included in the game and so the options are plenty for sure. So, in case you are a beginner in the world of crypto, you need to know what to do so that you can earn some profits in the long run. When it comes to making investments…
Crypto Tax Policy Passed in Indian Parliament Despite Major Pushback from Lawmakers
The situation in India regarding cryptocurrency has been pretty divided to date. While there are some organizations that have been trying to impose a ban on cryptocurrency, the major concern for the government of India is to ensure that a proper framework is established for the regulation of cryptocurrency in the best way. a bill has been passed by the Indian Parliament has instructed some regulations for the people who are conducting different crypto transactions in the country. Well, it seems like the efforts of the government have paid off. According to the news reports from the best site to…
Crypto.com To Air A Major Campaign Supporting Ukraine During the Academy Awards
Ever since Russia made the decision to declare war on the nation of Ukraine, support has been coming from all the nations and their financial institutions in favor of Ukraine. According to news reports of crypto best sites, Crypto.com, one of the popular cryptocurrency exchanges has been added to the list of institutions that are rallying for Ukraine. According to news, Crypto.com will be airing a major campaign in favor of helping Ukraine during these difficult times. The campaign will be aired during the 94Th Academy Awards that is to take place this year. This move by Crypto.com will definitely…
Nexo & Amber Group Claim to Have Exponential Growth in the Institutional Investment of Crypto
Panelists included Kalin Metodiev who is the co-founder & managing partner at Nexo, and Dimitrios Kavvathas, chief strategy officer at Amber Group. The discussion mainly put focus on the occasions that institutional investors observed in the world of crypto, both in Africa and globally. According to the latest reports of cryptocurrency breaking news today, the panelists of the Blockchain Africa Conference this year met to discuss the important potential that crypto has in the institutional investment sector. Also, they highlighted a few challenges that crypto might be facing still. The Blockchain conference in its 8th edition called a few important…
Energy Chief of Russia Says Bitcoin for Gas and Oil is Acceptable
Russia is currently immersed in economic sanctions from both the UK and the US as the countries are trying to condemn Russia for the recent invasive attacks on Ukraine. Ever since these sanctions have been flooding in Russia, the country has been making all efforts to increase its revenue. Well, according to the reports of current crypto market news, Russia has managed to find a way to increase its revenue and it will be through the most expensive cryptocurrency in the world, Bitcoin. According to reports, Russia has been scrambling all over to find different ways with the help of…
Rapper YG Apparently Flexes his $30 M Bitcoin Worth in Latest Music Video
The music industry has a lot of songs about different aspects but one of the latest reports of a famous rapper YG rapping about cryptocurrency has made breaking news. Talking about crypto in news today, there was a very interesting report that Rapper YG has rapped about Bitcoin in a music video, apparently showing off to his fans his immense stack of $30.6M bitcoin. In the music video, rapper YG was seen holding a particular ledger cold storage USB that is kept close to a smartphone. On the phone, you can see a small screen that bears an application of…
Major Jackpot for President of El Salvador Nayib Bukele With Bitcoin Bond 'FUD'
The President of El Salvador Nayib Bukele called out different Reuters for spreading the 'FUD' regarding the delays in the $1 billion volcano bond that is to take place in the country. According to reports from crypto best sites for news, the President of El Salvador, Nayib Bukele had some pretty interesting things to say about the reports of Reuters regarding the volcano Bitcoin bond. This Wednesday, the President went on Twitter to post a tweet directly to Reuters. In his post, he lashed out at the reports made by Reuters claiming that the CEO of Binance, Changpeng Zhao was…
Recent Crypto Breaking News In India
When it comes to cryptocurrency, there are a lot of things that we don't know about it yet. That is why most people tend to follow crypto breaking news in order to gain some knowledge about the currency happenings that are taking place in the country. By gathering some data from the breaking news of cryptocurrency, people are able to make better-investing decisions in the future regarding cryptocurrency. Since the market of crypto is a pretty volatile one, it is essential that people have all the information about it in the best way so that they can reap the benefits…
Bank of England and Other Regulators Assess Crypto Assets Due to Financial Reports
The recent reports on crypto regulation in the UK state that the Financial Policy Committee of the Bank of England, as well as other regulators in the UK, are getting ready to assess the different crypto regulations after publishing all the reports on financial stability related to decentralized finance and crypto assets in the country. The crypto news current reports from the UK portals show that a bundle of different interrelated documents has given a reminder to various financial institutions about their roles and responsibilities. The financial institutions have been tasked with the responsibility of watching the state of how…
A$DC Puts The Aussie Dollar To Good Use As ANZ Bank Creates First AUD Stablecoin
According to current news of cryptocurrency, ANZ, the Big 4 Bank has managed to become the very 1st bank in Australia to mint an Australian Dollar (AUD) pegged stablecoin that is named A$DC. However, the rival bank has also been working on a proper stablecoin project which is all set for launch in the year's end. "Most of the industry utilizes non-bank and often unregulated USD stablecoins. Now with this Big 4 bank-issued AUD stablecoin, the use case is a lot more compelling," said the CEO of ZeroCap, Ryan McCall. ANZ is currently trying to work with different local regulators…
A Decline in Crypto Trading Using Rubles As ECB Issues Warning About Sanctions Again
The President of the ECB or the European Central Bank has issued a statement saying that cryptocurrency poses a great threat to global security. However, according to currency crypto market news, this statement doesn't really co-related with the expert opinions as well as the data that is collected from the different transactions in the entire world. Christine Lagarde, the President of the Central Bank of Europe has been warning again that the individuals from Russia as well as all the Russian businesses are using the crypto front for avoiding sanctions. However, as of March 18, daily ruble-denominated crypto trading volume…