▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin BTC Technical Analysis Elon Dogelon Mars, Shiba Inu, Bitcoin BTC and other Alt Coin Technical Analysis Bitcoin Live BTC Crypto BULL MARKET January 2022 Disclaimer: This is not financial advice. These are my opinions on the markets, and you should only take it as that Join Discord: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
On Tuesday, the crypto market looked good in comparison to Netflix (NFLX). The shares of the world’s leading streaming company fell 27% to $256 in after-hours trading reaching 2019 levels after announcing a massive loss of 200,000 subscribers in the first quarter of 2022. This translated to roughly a $40 billion loss in half an hour. This is the first time the company loses customers since 2011 and is expecting to lose 2 million more in the current second quarter. NFLX is already 63% down from its All-Time High and over…
India’s 30% crypto tax came into law on March 31 and was effective April 1, despite warnings from several stakeholders about its possible ill impact on the budding crypto industry. As predicted, within just a couple of weeks of the new crypto tax law coming into effect, trading volume across major crypto exchanges dropped as much as 90%. The decline in trading activity was attributed to traders either moving their funds away from centralized crypto exchanges or adopting a holding strategy over trading. Many crypto exchanges were hoping that a…
Nigerian public and law enforcement agencies have been urged to “stop the demonization” of the blockchain and cryptocurrency industry. According to an association that advocates for the risk-based regulation of the crypto industry, financial institutions should not use a Nigerian central bank directive as basis for denying service to industry players. Risk-Based Regulation of Crypto Activities A blockchain and crypto industry association has told Nigerian public and law enforcement agencies to stop demonizing and discriminating against blockchain and crypto entities. In its latest press release, the Stakeholders in Blockchain Technology…
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As crypto projects increased in popularity together with the rise of token sales in the last few years, joining projects on their startup stage has become a common concept. At the same time due to its popularity and potential to earn big money, many have been swayed to enter the industry without much understanding of the risk that comes along with it. Because not only that there are more opportunities for people to attain benefits, there are also more chances for people getting scammed. A global market research that was…
The cryptocurrency market in Australia is a booming investment industry, with more people embracing and putting their money into it. With more information about cryptocurrencies available, people are learning how to invest and trade. There are also tools readily available to help traders make informed trading decisions. While the available trading resources have made investing in cryptocurrencies more manageable, there are some basics that every trader should still know about. For example, taxation laws, exchange platforms, and deposit methods can vary from place to place. So, if you’re in Australia,…
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It seems there’s hardly a month goes by when we don’t hear at least some exciting news about Ukraine’s QMALL crypto exchange. For example, the company recently announced plans to launch its own metaverse by the end of 2022, and if that weren’t significant enough, there will also be a QMALL crypto exchange within this metaverse. However, the news that EU regulators have just awarded QMALL a cryptocurrency license and payment gateway is the most exciting to date. In short, receiving the EU’s thumbs-up has just provided QMALL with an…
Aura FAT Projects Acquisition Corp. (AFARU), a special purpose acquisition company (SPAC), has closed its IPO on Nasdaq and raised $115 million, with a focus on crypto industry assets. The Cayman Islands-incorporated SPAC raised an impressive $100 million during its April 13 initial public offering (IPO) plus an over-allotment of $15 million, bringing its total to $115 million according to an announcement from the firm on April 19. It also has funding from sponsorships with Singapore-based financial services firms Aura Group and Fat projects. The SPAC’s website states that it…