Bitcoin price dip below $60K sparks most exchange buying since 2022

China’s central bank, the People’s Bank of China (PBoC) announced that it accelerated the development of its cryptocurrency. In an Aug. 2 statement, PBoC summarized the proceedings of a video conference, in which the bank conveyed the Party Central Committee and the State Council priorities on economic and financial initiatives ranging from monetary policy to support…

The analytic note mentioned that the estimates are purely an overview and based on a basic tax slab of 6%, which would be quite different once regulations are set in place. 79 Total views 1 Total shares The Russian government is expected to collect up to 1 trillion rubles ($13 billion) in crypto tax each…

One of the time-honored traditions in the crypto community may be on the verge of becoming obsolete. Alchemy, a blockchain development platform, is going live with Alchemy Notify — a push notification for developers that could signify an end to repeatedly refreshing your favorite block explorer while waiting for a transaction confirmation.The crypto user-experience is…

The SEC Chair spoke on CNBC on June 5, suggesting the commission could delay approving S-1 registration statements for exchanges listing spot Ether ETFs.

The Russian subsidiary of Raiffeisen Bank International has partnered with local state-owned oil giant Gazprom Neft to issue a bank guarantee on blockchain, Russian business newspaper Kommersant reported Nov. 12.According to Kommersant, the bank guarantee was issued to conduct a trade finance transaction involving four parties, Raiffeisen, Gazprom Neft, Belarusian firm Mozyr Oil Refinery, Priorbank…

When crypto traders win big, they often take to Twitter to share the joy. They tend to do the same for sharing painful stories of getting wrecked, discussing promising new assets, or sharing insight and predictions on which projects can become the next big thing. Sometimes these waves of social attention can even create positive…

The price of Bitcoin hit $10,463 on BitMEX, slightly below the previous peak in June. But two indicators are signaling a BTC cool-off: TD9 and exchange inflows.The price of Bitcoin tests a crucial resistance level. Source: Raoul PalThe TD9 is a trend-reversal indicator that is a part of the TD sequential system. It typically indicates…

The start of June saw negative price action across the cryptocurrency market after the U.S. Securities and Exchange Commission brought fresh lawsuits against the world’s largest exchanges, Binance and Coinbase.However, the sentiment quickly turned bullish after a crucial exchange-traded fund proposal was filed by the world’s largest asset management firm, BlackRock, on June 16. A…

Founded in 2017, OKEx is a centralized cryptocurrency exchange based in Seychelles. According to CoinGecko, OKEx is the world's third-largest cryptocurrency brokerage, with nearly $12 billion in trading volume within the past 24 hours. The exchange lists 312 coins and 518 cryptocurrency trading pairs.It's often difficult for new cryptocurrency enthusiasts to navigate the complex world…