Tag: bitcoin trader

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The state of Web3: Community talks about opportunities around the world

Web3 is bringing “endless” opportunities to Indonesia, changing lives in Nigeria, breaking qualification barriers in India, changing skeptics’ minds in the Philippines and is making its way to Uruguay. Delegates at the Binance Blockchain Week talked about their Web3 stories and the growth of Web3 opportunities within their local communities. The recent conference brought crypto…
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Bitcoin and Ethereum Try to Recover Losses, WAVES and ZIL Trim Gains

  After bitcoin started a fresh decline from the USD 48,000 resistance zone and spiked below the USD 45,000 support zone, it managed to return above this level and is currently (11:31 UTC) trading near USD 45,200 again. BTC is down 4% in a day. Similarly, most major altcoins are trying to recover losses. ETH…
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Warren’s battle to curtail crypto gets boost from Ukraine conflict

While Senator Warren’s new bill officially targets Russia, could this just be an excuse to tighten crypto regulation? In a July 2021 interview, Massachusetts Senator Elizabeth Warren likened crypto regulation to the drug regulation initiatives of a century ago, which she claimed put an end to the sale of “snake oil” and laid the basis…
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LBank Exchange Will List Lilly Finance (LY) on April 2, 2022

PRESS RELEASE. INTERNET CITY, DUBAI, April 1, 2022 – LBank Exchange, a global digital asset trading platform, will list Lilly Finance (LY) on April 2, 2022. For all users of LBank Exchange, the LY/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on April 2, 2022. Inspired by Lillian Bay, a young…
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Bitcoin, Ethereum Technical Analysis: BTC Falls to 5-Day Low, as Nonfarm Payrolls Are Marginally Lower

Bitcoin fell to its lowest level this week, following Friday’s nonfarm payrolls report, which came in marginally below expectations. 431,000 jobs were added to the U.S. economy versus forecasts for an addition of 490,000. ETH also reacted to the news, finally moving below $3,400. Bitcoin BTC fell for the third consecutive session on Friday, as…
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Hayes Says He Aims to Rebalance Portfolio in Favor of Ethereum, Sets New Price Target for ETH

  Former BitMEX CEO Arthur Hayes hinted he may rebalance his investments away from bitcoin (BTC) and in favor of Ethereum’s native ETH token, arguing “a massive wall of money” will enter ETH once it is seen as an ESG-friendly, yield-bearing asset to push its price north of USD 10,000. Writing in a new essay…
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EU Lawmakers Back Regulation Threatening Unhosted Crypto Wallets, Defi Space

Members of the European Parliament have approved a controversial regulation that could undermine the decentralized finance (defi) sector in the EU. Some of its provisions, which are yet to be coordinated with other European institutions, aim to introduce restrictive measures for transactions involving privately managed crypto wallets. EU Parliament Moves to Introduce Verification for Defi…
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Law Project Presented in Argentinian Senate Proposes to Tax Undeclared Cryptocurrency Held Outside the Country

A new law project presented in the Argentinian Senate is seeking to start a fund to pay for part of the debt the country has with the International Monetary Fund (IMF). The project, which is being pushed by members of the ruling party, would establish that Argentinian citizens have to pay taxes for certain assets…
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China Jails Kidnappers That Demanded ‘Hundreds of Bitcoins’ as Ransom Payment

Chinese authorities have jailed four individuals that were accused of kidnapping one person and demanding “hundreds of bitcoins” as a ransom payment. While the alleged kidnapping is reported to have occurred in the Philippines, the cooperation between the two countries eventually led to the arrest and eventual sentencing of the Chinese kidnappers. A Ransom…
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Netflix‘s crypto swindler documentary draws wild community reaction

Viewers of the documentary, especially those aware of the whole saga, resonated with the conspiracy theory about the founder faking his death. Netflix’s new crypto documentary titled Trust No One: The Hunt for the Crypto King was released on Wednesday amid much fanfare. The documentary is based on the mysterious death of the now-defunct crypto…
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