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crypto

According to Jerome Powell, DeFi requires proper regulation.

According to Jerome Powell, DeFi requires proper regulation. The Chairman of the United States Federal Reserve, Jerome Powell, recently shared his thoughts on the expansion of decentralized finance at a recent event. He also discussed the impact of DeFi on the conventional finance ecosystem. Powell said that for DeFi to grow and do well in …

According to Jerome Powell, DeFi requires proper regulation. Read More »

Why did the main cryptocurrency bill die in California State?

Why did the main cryptocurrency bill die in California State? Regulation is one of the pressures on the crypto market. Many countries’ regulators have consistently supported crypto asset control and monitoring. These regulators are always creating laws to manage the industry and protect the funds of investors. California and New York are setting the global …

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Nasdaq 100 futures fell as investors braced themselves for another interest rate hike.ย 

Nasdaq 100 futures fell as investors braced themselves for another interest rate hike.ย  The Federal Open Market Committee (FOMC) meeting this week, scheduled for Tuesday and Wednesday, is expected to raise interest rates by up to 75 basis points. The US stock market is getting worse as investors become more cautious. This is shown by …

Nasdaq 100 futures fell as investors braced themselves for another interest rate hike.ย  Read More »

Explained!! How P2P Business Model For Crypto Exchanges Expanding In The Crypto Space?

Explained!! How P2P Business Model For Crypto Exchanges Expanding In The Crypto Space? The world has advanced significantly in the digital age. And it is cryptocurrencies that are driving this revolution forward. What exactly is cryptocurrency? In cyberspace, cryptocurrency is the equivalent of paper currency. It is rumored to be the future currency of our …

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After ED raids, Binance ceases off-chain fund transfers with WazirX.

Users will continue to be able to deposit and withdraw funds using the standard deposit and withdrawal procedures between Binance and WazirX, according to a Binance executive. On Monday, the world’s largest cryptocurrency exchange, Binance, which disowned the Nischal Shetty-run cryptocurrency platform WazirX, announced that it is removing the off-chain channel for fund transfers between …

After ED raids, Binance ceases off-chain fund transfers with WazirX. Read More »

BSV investors have filed a ยฃ9.9 billion class action lawsuit against Binance, Bittylicious, Kraken, and Shapeshift.

BSV investors have filed a ยฃ9.9 billion class action lawsuit against Binance, Bittylicious, Kraken, and Shapeshift over the collective delisting of the digital asset. The four cryptocurrency exchanges are accused of conspiring to harm the prospects of BSV by delisting the asset without justification, in violation of the 1998 Competition Act, by reducing, preventing, or …

BSV investors have filed a ยฃ9.9 billion class action lawsuit against Binance, Bittylicious, Kraken, and Shapeshift. Read More »

America’s First Mover: Bitcoin Drops From Weekend High of $24,000, Ethereum Options Open Interest on Deribit Surpasses BTC’s

The most recent market price movements are in the context of August 1, 2022. Bitcoin’s price surpassed $24,000 over the weekend but has since declined. This weekend’s levels were the highest since mid-June. Ether remains a hot topic among investors ahead of the Merge, with ETH open interest in the Deribit options exchange surpassing bitcoin …

America’s First Mover: Bitcoin Drops From Weekend High of $24,000, Ethereum Options Open Interest on Deribit Surpasses BTC’s Read More »

cryptocurrency platform

How will cryptocurrency users control the regulators?

Bitcoin supporters who are hopeful about the Senate’s proposed cryptocurrency legislation should continue to be wary of the lawmakers who want to control the sector. Niklas Kleinworth, a research assistant at the public policy think group Idaho Freedom Foundation, wrote the following editorial. One must be cautious of rules that allow prioritization of bureaucrats’ interests …

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Crypto Bill

Key Senators in The United States have Introduced A Crypto Bill That lays Out A Broad Plan For Future Regulations.

Key Senators in The United States have Introduced A Crypto Bill That lays Out A Broad Plan For Future Regulations. Kirsten Gillibrand and Cynthia Lummis have finally released a long-awaited plan that helps the CFTC do its job as a watchdog and gets rid of tax worries when people buy things with bitcoins. Senators Cynthia …

Key Senators in The United States have Introduced A Crypto Bill That lays Out A Broad Plan For Future Regulations. Read More »

What Is Cryptocurrency

What Is Cryptocurrency And How Does It Work?

What Is Cryptocurrency? Cryptocurrency is decentralized digital money that is based on blockchain technology and secured by cryptography. To understand cryptocurrency, one needs to first understand three terminologies โ€“ blockchain, decentralization, and cryptography. In simple words, blockchain in the context of cryptocurrency is a digital ledger whose access is distributed among authorized users. This ledger …

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