Tag: crypto

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China to Expand Digital Yuan Testing in Pilot Cities to Provincial Level

China’s central bank intends to enlarge the area covered by trials of its digital yuan currency in four regions of the country. A top representative of the monetary authority announced the move while highlighting that the People’s Bank has been stepping up digitalization efforts this year. Government to Increase Digital Yuan Coverage in 4 Provinces…
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Ukraine to Revise Virtual Assets Law in Line With EU Crypto Rules

Work is underway in Ukraine to update the legal act that applies to cryptocurrencies in order to align the nation’s legislation with European standards. Several government institutions in Kyiv are preparing changes to the bill “On Virtual Assets,” which was signed into law earlier this year. Ukraine to Transpose European Crypto Regulations Into National Law…
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Best Crypto to Buy Trending Today: USTC, APE, HNT, CHZ, LUNC, ALGO, CVX, LUNA, QNT, LDO, IBAT

The cryptocurrency market has experienced modest gains over the past day after a correction to begin the week. Despite investors’ risk off sentiment heading into FOMC day on Wednesday, it appears that there are still opportunities to profit. In this article, we’ll examine the best crypto to buy trending today:… Read More: Best Crypto to…
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Harris Poll Report Finds That 71% of Crypto Investors Are Confident They Will Become Billionaires

A new survey conducted by Harris Poll has found that most cryptocurrency investors in America feel they have the necessary tools to become billionaires in the future. The survey, which inquired about how Americans see billionaires, also revealed that this sentiment is higher amongst millennials and Gen Zers, with other groups falling behind Crypto…
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The market isn’t surging anytime soon — so get used to dark times

Global economic conditions suggest that markets — including the cryptocurrency market — have further downside ahead. Don’t bank on a surge to new all-time highs in the months ahead. Global markets are going through a tough period — including the cryptocurrency market. But judging by talk from the peanut gallery, it seems like some observers…
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Bank of America Market Strategist Says ‘Summer Rally Is Over’ as Crypto and Stocks Slide Ahead of Fed Rate Hike This Week

Digital currency markets, precious metals, and stocks dropped another leg down on Monday following the drop markets saw last Tuesday. Last week’s fall was one of the worst weeks in more than three months as market strategists believe a sizable Fed rate hike is coming this week. Bank of America’s analysts led by Savita Subramanian…
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The crypto industry can trust Cynthia Lummis to get regulation right

The senator has a proven track record when it comes to cryptocurrency and issues such as privacy rights. Her proposal to regulate the industry is one that crypto enthusiasts can get behind. As the world waits to see America’s take on cryptocurrency regulation, crypto enthusiasts should keep one thing in mind: The industry can trust…
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5 Cryptocurrency Ready to Bounce Back After This Latest Crash

The cryptocurrency market is currently experiencing yet another crash. Coin prices are trading lower due to increased pressure from the broader economy and fears that the Federal Reserve would again raise interest rates. Several investors wonder if most large-cap coins will test their multi-month lows once more…. Read More: 5 Cryptocurrency Ready to Bounce Back…
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Working Group to Develop Efficiency Standard for Crypto Mining in Russia

Crypto industry experts have formed a working group to draft a standard for energy-efficient and profitable cryptocurrency mining in Russia. The rules will aim to help developers and data center operators offer investors increased hardware uptime. Russia Prepares to Improve Efficiency of Mining Facilities in 2023 A group of crypto specialists have teamed up…
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Vietnam Crypto Miners Complain About Losses From Ethereum’s Merge

Miners in Vietnam have expressed grievances over the loss of business following Ethereum’s transition to a consensus mechanism that does not require the energy-intensive computing they were providing. Many are in trouble, local media reported, quoting entrepreneurs and mining enthusiasts. Cryptocurrency Miners Hit by The Merge, Vietnam Report Reveals Vietnam’s crypto miners have suffered…
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