Authorities in Georgia are now holding discussions with industry representatives to finalize a bill designed to regulate coin trading, among other crypto-related activities. The legislation will be presented to the Georgian society this fall at the latest, a top central bank official announced. Central Bank of Georgia Talks Crypto Regulation With Market Players The National Bank of Georgia (NBG) is fine-tuning a draft law tailored to establish a legal framework for certain operations with cryptocurrencies with the help of interested parties from the sector. Public and business officials are currently…
Day: May 6, 2022
Bitcoin Collapses By Most In Nearly A Month
Bitcoin fell to its lowest level in nearly a month as the optimism that had pervaded global markets following the Federal Reserveโs meeting on Thursday quickly vanished. On Thursday, sellers returned in full force, driving equities and cryptocurrencies down. Despite short-term price movements, the risk-off mood among market participants has been a recurrent trend this year. Bitcoin price fell below the $38,500 support level after failing to cross the $40,000 resistance level. The cryptocurrency has lost 8% in the last 24 hours and is now consolidating about $36,500. Suggested Reading…
OpenSea Discord server hacked, users warned to be vigilant of phishing scams
Nonfungible token (NFT) marketplace OpenSea suffered a server breach on its main Discord channel, with hackers posting fake “Youtube partnership” announcements. A screenshot shared Friday showsย fake collaboration news, accompanied by a link to a phishing site. OpenSea Support’s official Twitter account tweeted that the marketplace’s Discord server was breached Friday morning and warned users not to click the channel. Do not click links in our Discord. We are continuing to investigate this situation and will share information as we have it. https://t.co/jgtHcXifer โ OpenSea Support (@opensea_support) May 6, 2022 The…
*URGENT* COINBASE JUST DID THIS TO SHIBA INU COIN – THEY ARE PLANNING SOMETHING BIG WITH SHIB!!
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io *URGENT* COINBASE JUST DID THIS TO SHIBA INU COIN – THEY ARE PLANNING SOMETHING BIG WITH SHIB!! Today in this video weโre gonna talk about everything Shiba Inu Coin, Shiba Inu Coin Prediction, Shiba Inu, Shiba Coin, Shib, Shiba Inu Coin News today, Shibaswap and MORE! The crypto space is always surprising us, so try to keep up with the cryptocurrency news! Shiba inu is currently enjoying a surge in the number of new holders, thanks to the Coinbase listing a month…
Bitcoinโs rocky road to becoming a risk-off asset: Analysts investigate
Thursday was a bloodbath for traditional and cryptocurrency markets. On theย worst day of trading since 2020, Bitcoin (BTC) dropped over 7%, while the Nasdaq slipped over 5%.ย Many hoped for capitulation in the trade and crypto markets,ย and although the short-termย outlook for Bitcoin looks weak, one analyst and some evidence would suggest that Bitcoin is still on course to becoming a risk-off asset. Markets are by no means math-based or infallible, but a risk-off asset describes an asset that performs wellโor is an asset that investors flock toโwhen overall market sentiment…
Bitcoin Breaks Bullish Trendline; US Jobs Data Eyed
An above-forecast U.S. wage-growth figure may revive expectations of a 75 basis point Fed rate hike and bring more volatility to markets. Source
Africaโs top golfers to shoot for Bitcoin prize on Sunshine Tour
Top golfers from Africa and Europe will be eyeing lucrative Bitcoin (BTC) payouts at the end of the 2022 season after a new sponsorship of South Africaโs Sunshine Tour. The year-long season sees golfers compete for the top spot on Sunshine Tourโs overall leaderboard – the Order of Merit. Crypto platform Luno, which has a big footprint in South Africa and the wider African continent, has assumed the title sponsorship of the overall rankings. Money talks in sport but the language is certainly evolving, with Luno casting aside Rand-based awards…
9 Out of 10 Central Banks Exploring Digital Currency, BIS Says
9 Out of 10 Central Banks Exploring Digital Currency, BIS Says Source
Bitcoin Sell-Off Continues as Asian Markets Fall Amid Weak China Cues
Bitcoin continues losses as major markets around Asia end the week Source
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