Category: cryptocurrencies

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Coinbase exploration report leads to over 100% price gains for MITX, KROM and BDP

As the dust settles following the release of the Coinbase exploration list, MITX, KROM and BDP have emerged as the big winners with triple-digit price gains. United States-based cryptocurrency exchange Coinbase sent waves across the cryptocurrency ecosystem on Apr. 11 when it released a list of 50 crypto assets that were under consideration for listing…
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Altcoin Roundup: Analysts give their take on the impact of the Ethereum Merge delay

The wait for the long-awaited Ethereum Merge just got longer, leading analysts to discuss potential price outcomes for Ether. The rollout of Ethereum 2.0, or Eth2, includes a transition from proof-of-work to proof-of-stake that will supposedly transform Ether (ETH) into a deflationary asset and revolutionize the entire network. The event has been a trending topic…
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QSP, XDB and AST post double-digit gains amid sideways moving market

Quantstamp, DigitalBits and AirSwap climb higher as the wider market stagnates and traders take an early weekend in observance of Good Friday. Activity across the cryptocurrency market has been largely subdued on April 15 as traders in the United States have taken an early weekend thanks to the closure of financial markets for the observance of…
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Bitstamp asks users to update the source of their crypto, citing regulatory compliance

Bitstamp now requires users to provide info like nationality, place of birth and tax residency, in addition to documents proving the origin of crypto and the annual income. Major global cryptocurrency exchange Bitstamp continues increasing compliance efforts by requesting its users to provide more data like their source of wealth. In an email notification to…
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Fitting the bill: US Congress eyes e-cash as an alternative to CBDC

From fiat banknotes to fractional reserve banking, the notion of what constitutes money in the U.S. has changed over time. But is the time right for e-cash? On March 11, United States President Joe Biden issued an executive order in which he encouraged the Federal Reserve to continue research on a prospective U.S. central bank…
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Kazakhstan to Increase Tax for Miners, Considers Tying Levy to Crypto Prices

The government of Kazakhstan is preparing to increase the tax burden for cryptocurrency miners and intends to tie the new rate to the value of the minted cryptocurrency. The authorities in Nur-Sultan believe that such an approach would have a positive effect on the state budget. Miners in Kazakhstan to Pay Tax on the Value…
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Russian Chamber of Commerce Suggests Using Cryptocurrencies in Settlements With Africa

Employing crypto in cross-border payments is one of the proposals put forward by the Russian Chamber Of Commerce lobbying for more cooperation with African countries. Amid unprecedented sanctions limiting Russia’s ability to trade internationally, the head of the board has urged the government to work out an alternative system for settlements with Moscow’s partners. Chamber…
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Binance CEO explains what he’s most excited about in 2022

Zhao said that regulators want to be a part of this industry now, calling this “one of the most fundamental things we’ve shifted.” During Paris Blockchain Week, Changpeng Zhao, CEO of Binance, the largest centralized cryptocurrency exchange in the world, sat down with Cointelegraph reporter Joe Hall for an exclusive interview. When asked about what…
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Amazon CEO expresses optimism about the future of cryptocurrencies and NFTs

As told by Andy Jassy, the e-commerce giant may integrate NFTs later down the line. Speaking during an interview with CNBC after releasing his first shareholder letter as the new CEO of Amazon, Andy Jassy said that while he does not own any cryptocurrencies or nonfungible tokens, or NFTs, he is optimistic about the outlook…
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Here’s why Chiliz (CHZ) multi-team NFL partnership and Web3 expansion plan could be bullish

Bullish momentum builds for CHZ following a new partnership between Socios.com and multiple NFL teams. One of the biggest challenges cryptocurrency projects face is finding the right type of real-world integration and a use case that can spark a new waves of adoption. Integrating blockchain and cryptocurrency with professional sports has been the expected “next…
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