Law enforcement in Afghanistan has shut down over a dozen crypto exchanges in Herat, detaining the people who were running them. The offensive comes after the introduction of a ban on online foreign exchange that the Taliban seem to have applied to coin trading as well. Taliban Government Goes After Crypto Trading in Afghanistan Citing…
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Crypto Ponzi schemes have increased over the past couple of years. This is how to spot them. The crypto world has experienced an increase in Ponzi schemes since 2016 when the market gained mainstream prominence. Many shady investment programs are designed to take advantage of the hype behind cryptocurrency booms to beguile impressionable investors. Ponzi…
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The overwhelming majority of Russians in big cities are well aware of the term cryptocurrency but those with a good understanding of the topic are quite a small proportion, a new poll has indicated. Experts say that currency restrictions imposed earlier this year are helping growth in interest and adoption. A Third of Russians Ready…
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Like all altcoins, ATOM price fell as $550 million of BTC, ETH and altcoin positions were liquidated last week, which is exactly why its 35% rebound is raising eyebrows. As a market crash takes place, assets become oversold and typically there’s an “oversold bounce,” “return to mean,” “mean reversion,” or some price snapback to the…
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What is the critical support level for Bitcoin and what happens if the market drops below it? Join us as we discuss this and other topics with Tim Warren, co-host of Coffee N Crypto, and Charlie Burton. In this week’s episode of Market Talks, we welcome professional trader Charlie Burton. Charlie is a professional trader…
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Industry experts say that the current scheme is stifling domestic innovation in the virtual currency sector. According to local news outlet Yomiuri, Japan’s Financial Services Agency is considering amending the virtual currency taxation system for corporate entities ahead of the country’s 2023 tax reform. The proposed change includes removing capital gain liabilities for undisposed corporate…
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Recurring bear flags and the Fed’s telegraphed monetary policy are painting a roadmap for BTC’s future price action. The impact of Federal Reserve policy and Bitcoin’s higher timeframe market structure suggest that BTC price is not yet ready for a trend reversal. Bitcoin (BTC) price continues to chop below the $22,000 level and the wider…
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One of the largest crypto ATM providers in North America, Bitcoin Depot, plans to list its stock on Nasdaq in the first quarter of 2023. Bitcoin Depot, a major cryptocurrency ATM provider in the United States, is planning to go public through a merger with a special-purpose acquisition company (SPAC). Atlanta-based Bitcoin Depot has reached…
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Blockchain technology has changed the way modern people invest into assets, attracting younger and less affluent investors into the space. Over a decade after the release genesis block on the Bitcoin network, blockchain technology has changed how people invest their money, with many platforms in the crypto space having much more relaxed requirements for investors…
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The changing geopolitical and economic environment, as well as persisting differences between responsible government institutions, are hindering the advance of legislation tailored to regulate cryptocurrency mining in Russia. According to a report quoting industry watchers, these factors are halting the advance of the necessary legislation. Two Draft Laws on Mining Await Approval by the Russian…
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