Category: Cryptocurrency

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Swiss Financial Watchdog Releases Revised AML Ordinance, Clarifies Crypto Requirements

November 4, 2022

The Swiss financial regulator has published its updated anti-money laundering (AML) ordinance, noting it’s extending the coverage to include blockchain trading platforms. It also clarified certain reporting and identification requirements that apply to crypto transactions. Financial Authorities Adjust Swiss Anti-Money Laundering Rules Concerning Crypto Transfers Following consultations that started earlier this year, the Swiss Financial…
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Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Lower on Thursday, After Hawkish Fed Rate Hike

November 3, 2022

Bitcoin fell towards the $20,000 mark on Thursday, after the U.S. Federal Reserve once again moved to increase interest rates. The Fed hiked rates by 75 basis points (bps), as it chose to maintain its current hawkish policy. Ethereum, which initially surged on the news, was also lower in today’s session. Bitcoin Bitcoin (BTC)…
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Biggest Movers:  MATIC Hits Highest Point Since August, as FLOW Jumps 14% on Thursday

November 3, 2022

Polygon rose to its highest level since August, as the token climbed by as much as 10% on Thursday. Today’s rise comes despite cryptocurrency markets mainly residing in the red, with the global market cap down 0.41% as of writing. Flow was another notable expectation to today’s declines, climbing by 14% earlier in the day.…
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Chainlink (LINK) Performs Well Amidst Market Uncertainty

November 3, 2022

November is starting to be an uncertain month for the crypto market. However, Chainlink (LINK) seems to be bullish as it has kept substantial gains from last week. The altcoin also performed well earlier today, establishing a local high of $7.96. Chainlink’s price started a bullish trend after testing and confirming support at the $6.50…
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Natural Gas Price Hike Hits Crypto Miners in Iran

November 3, 2022

Companies using natural gas as a power source to mint digital currency in Iran will have to deal with a sharp increase in the price of the fuel. The new rates set by the state-run supplier are almost double the previous and have been imposed retroactively, local media reported. Iran Raises Tariffs for Mining Farms…
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Union Bank of Philippines Launches Crypto Trading Services – Which Coins Are Included?

November 3, 2022

Digital asset management technology METACO announced that the Union Bank of the Philippines is now live on its flagship platform Harmonize, to launch a pilot program for crypto custody and trading services for select retail customers. The pilot will include bitcoin (BTC) and ethereum (ETH)…. Read More: Union Bank of Philippines Launches Crypto Trading Services – Which Coins Are Included?  Read more »Sign…
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Crypto Exchanges Must Comply With Russia Sanctions, Singapore Central Bank Says

November 3, 2022

The Monetary Authority of Singapore (MAS) has reiterated that cryptocurrency exchanges need to conform to restrictions on Russian users imposed over Moscow’s invasion of Ukraine. The reminder comes after researchers established that pro-Russia activists have raised millions of dollars in digital assets to support its war effort. Singapore Says Measures Targeting Russia Apply to All…
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Klaytn (KLAY) Scores 30% Gains In The Last Week

November 3, 2022

Klaytn, the open-source metaverse-focused crypto, has boasted impressive gains in the last week. Just seven days back, the crypto was trading at $0.21. It also stumbled quite a bit during the week before picking momentum on Wednesday. Since then, the token has only fluctuated upward, recording an impressive gain of 30.80%. Klaytn recent pump has…
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Chainlink (LINK) Continues To Shine With Over 14% Gains

November 3, 2022

Chainlink, the blockchain oracle service provider, continues to keep impressive weekly gains. The token soared with the entire crypto market, bagging over 14% gains. The last week of October has been favorable for the entire crypto market. Just a few days back, the entire crypto market cap crossed the $1 trillion mark. This bullish move…
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Get 5x Verse Tokens in Bitcoin.com Games’ Exclusive Raffle for Players Participating in the Verse Public Sale

November 2, 2022

Participate in the Verse Public sale and opt into the exclusive raffle on Bitcoin.com Games to get up to $25,000 worth of Verse tokens for free. Bitcoin.com is launching Verse, a rewards and utility token that will be used across the full range of Bitcoin.com products including the official non-custodial wallet app where users can…
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