Bill targeting illicit use of crypto passes US House: Law Decoded

Some traders lost hope this week after BTC price rejected at $32,400, but many say this level is where they will become buyers. 1229 Total views 26 Total shares The end of the first week in June brought more pain to global financial markets as the tech-heavy Nasdaq composite closed the day on June 3…

For Brazil’s Attorney General’s Office, the ban on X does not violate free speech rights in the country.

Justin Sun, CEO of decentralized internet startup TRON, has hinted at a forthcoming partnership with an unknown firm valued at “tens of billions of dollars.”The tweet, posted Friday, Oct. 12, gives little information, stating that:“Finally, First time to partner with tens of billions USD valuation industry giant. Guess the name.”Twitter followers were quick to join…

The president of Venezuela Nicolas Maduro called on workers to save in gold and state-run cryptocurrency Petro during a salary shake-up he announced Thursday, October 18, local news portal Noticiero Digital reports.In a television broadcast, Maduro said that “in the coming weeks,” workers would begin receiving bonus payments “based on” Petro, rather than extant fiat…

Kraken, Bitfinex and KuCoin could become the next major crypto exchanges to attempt to service India’s estimated 15 million crypto investors. 3927 Total views 4 Total shares Some of the biggest names in the crypto exchange business are reportedly eager to capture India’s cryptocurrency trading market, even as the government is yet to issue clear-cut…

Layer1's plan to sell excess power back to Texans has resulted in 700% profits Texas crypto miner operator Layer1 Technologies has been able to sell back its power supply for 8X the price.According to a Sept. 1 Bloomberg report, Layer1 reported nearly 700% profits from selling excess electricity from its 'Bitcoin Batteries' - large-scale energy…

Bitcoin’s (BTC) fundamentals received a boost as the U.S. Senate passed the $1.9 trillion stimulus bill on March 7. If traders react to this bill in the same way as they had done to the first stimulus package in April 2020, then the crypto markets may witness a strong rally.The stimulus package also intensifies the…

The U.S.-China tensions, the Russia-Ukraine war, higher energy prices, rising inflation, the COVID-19 pandemic and cyberattacks came out as some of the most pressing financial risk concerns. 682 Total views 5 Total shares While proponents of traditional finance remain keen on dismissing Bitcoin (BTC) and the crypto ecosystem as financial risks, a survey conducted by…

Digital technologies are entering every aspect of our life at a steady pace. However, according to predictions from Huawei in collaboration with Oxford Economics, the digital economy is expected to comprise 24.3% of the world’s gross domestic product by 2025, giving it an astronomical valuation of around $23 trillion. Among the few innovative technologies leading…