Day: March 24, 2022

Next 24 Hours Crucial for EU Crypto Law as Officials Debate Emissions, DeFi, NFTs

CryptoX – Cryptocurrency Analysis and News Portal “The texts of the European Parliament and the Council converge to a great extent on the framework applicable” to the large-scale currency tokens that are most heavily regulated by the new law, said a document seen by CryptoX, prepared by French officials ahead of that meeting. Source The post Next 24 Hours Crucial for EU Crypto Law as Officials Debate Emissions, DeFi, NFTs appeared first on CryptoX. CryptoX Portal

Bitcoin Hits $44k on Rumors of Russia Accepting BTC for Energy Exports

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Quick take: Bitcoin has hit a local high of $44k Bitcoin is currently in bullish territory above the 50-day and 100-day moving averages The bullishness surrounding Bitcoin and the push towards $44k can be attributed to rumors of Russia accepting BTC for energy exports Bitcoin could hit $48k around the 200-day moving average Bitcoin has once again hit a value of $44,000 which was last witnessed at the beginning of this month. This recent achievement by Bitcoin was accomplished moments ago as the King of Crypto continues on its bullish…

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ApeCoin Price Declines Regardless of Time’s Announcement Of Using APE As Payment

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ApeCoin, the most recent and headline-making crypto project that surmounted unbelievable leaps within the first few days of its launch, has begun experiencing a steady low. Regardless of the adoption of APE tokens by whale traders and investors within its first days, ApeCoin has struggled to bounce back to the limelight. The coin experienced a two-digit loss overnight. This is even happening notwithstanding the recent announcement by Times Magazines about the collaboration with the ApeDAO team to integrate APE coin as a payment option. ApeCoin Price Struggling To Rise Again…

How crypto became a major source of relief for embattled Ukraine

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“Crypto became the largest driver for humanitarian help as well as some of military help for Ukraine”, said Illia Polosukhin, the co-founder of Near Protocol.  Polosukhin, who was born and raised in Kharkiv, Ukraine, has been at the forefront of the crypto fundraising efforts aimed at supporting Ukraine against Russia’s offensive.  Right after Russia’s attack on Ukraine started on February 24, Polosukhin and other Ukrainian crypto entrepreneurs created the Unchain Fund, which to date has gathered nearly $7 million in crypto donations. That is only one of the several crypto…

Coinbase Now Allows Cardano Staking Services, Firm ‘Plans to Continue to Scale Staking Portfolio’ – Bitcoin News

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On March 23, the cryptocurrency exchange Coinbase announced the platform will now allow cardano staking services. The company’s senior product manager Rupmalini Sahu mentioned that cardano is one of the top ten crypto assets by market cap and its proof-of-stake (PoS) blockchain “seeks to be more flexible, sustainable, and scalable.” Coinbase Now Offers Cardano Staking Services Cardano (ADA) holders can now leverage the cryptocurrency trading platform Coinbase to stake their ADA, according to an announcement from the Coinbase executive Rupmalini Sahu. The firm’s senior product manager said that while people…

Bukele reacts to US bill passing Senate committee

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El Salvador president Nayib Bukele reacted to the news that the recently proposed Accountability for Cryptocurrency in El Salvador Act (ACES) had passed the U.S. Senate Foreign Relations Committee and will now head to a full Senate vote. The 40-year old national leader responded emotionally on Twitter: Never in my wildest dreams would I have thought that the US Government would be afraid of what we are doing here. pic.twitter.com/QgJPa70mn0 — Nayib Bukele (@nayibbukele) March 23, 2022 On Wednesday, March 23, the Senate Foreign Relations Committee approved the bill, sponsored…