April 2022

How To Invest In Cryptocurrency In Australia

April 20, 2022 boss

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,…

Cryptocurrency Market Update | Shiba inu | Cardano | doge | Solana | Matic | AVAX | Luna | Mana Coin

April 20, 2022

Crypto License & Payment Gateway Authorized by EU Regulators

April 20, 2022 boss

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…

Crypto focused SPAC raises $115M in Nasdaq IPO

April 20, 2022 boss

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…

Australia’s first Bitcoin ETF could attract $1 billion after launch next week

April 20, 2022

Financial regulators have greenlit Australia’s first Bitcoin ETF to begin trading on April 27 and the Australian Financial Review reports it could see up to $1 billion in inflows. An ETF is a regulated exchange traded fund that allows investors to benefit from the price of Bitcoin (BTC) without needing to own any coins themselves directly. Cosmos Asset Management beat out local contenders VanEck, BetaShares, and EFT Securities to issue Australia’s first Bitcoin ETF. Each firm has been in the running to close out regulatory approvals since at least March,…

Republic of Ireland to Prohibit Political Cryptocurrency Donations – Regulation Bitcoin News

April 20, 2022 boss

The government of Ireland is preparing to ban political parties from accepting campaign donations in cryptocurrency. The move aims to block the perceived threat of Russian interference in the European nation’s elections against the backdrop of a clash between the West and Moscow over the war in Ukraine. Ireland to Limit Foreign Political Support for Its Parties, Including Crypto Donations The executive power in Dublin is drafting new political integrity rules to limit foreign political donations amid fears that Russia might try to influence Ireland’s electoral process. The stricter regulations…

🚀TOP Altcoin To Buy Now This Month 2021 | Best Cryptocurrency To Invest 2021 | Top Altcoins

April 20, 2022

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Bitcoin ‘tribalism’ holding the crypto industry back, Ripple CEO says

April 20, 2022 boss

Ripple CEO Brad Garlinghouse speaks during the Milken Institute Global Conference in Beverly Hills, California, on Oct. 19, 2021. Kyle Grillot | Bloomberg | Getty Images “Tribalism” around bitcoin and other cryptocurrencies is holding back the entire $2 trillion market, according to the boss of blockchain firm Ripple. “Polarization isn’t healthy in my judgement,” Ripple CEO Brad Garlinghouse said in a CNBC-hosted fireside chat at Paris Blockchain Week Summit last week. “I own bitcoin, I own ether, I own some others. I am an absolute believer that this industry is…

Optimism-based projects spike on rumors of token airdrop

April 20, 2022 boss

The native token prices from multiple projects that employ Ethereum Layer 2 scaling solution Optimism have spiked around 20% amid rumors that the network will soon launch a token and airdrop it to the community. Optimism is a Layer 2 scaling solution that utilizes Optimistic rollups to process a high amount of transactions off the Ethereum blockchain. The project touts that it can operate smart contracts 5 to 500X cheaper than Ethereum’s Layer 1. According to DeFiLlama, the platform currently accounts for $496.47 million worth of total value locked (TVL)…

Whales Accumulate Through The Dip As Bitcoin Repositions To $40K

April 20, 2022 boss

Volatility remains one of the characteristics of Bitcoin that could easily change the holding stance of investors. To some, a downward movement will mark their period of massive accumulation and expansion of their holdings. On the other hand, some will suffer considerable losses through a dip. Bitcoin has been on a dipping move as it gets to its monthly low of $39,000 within some days of hitting the $40,000 mark. Though many people had expected that the BTC price would show some bearish trend for a few days, the events…