Day: July 19, 2022

Crypto.com secures regulatory license in Italy

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Digital asset exchange Crypto.com has received approval from Italian regulators to offer its services in the Mediterranean country — a move the company says aligns with its vision of “building lasting growth in the region.” On Tuesday, Crypto.com announced that it had officially received registration and regulatory approval from Organismo Agenti e Mediatori, also known as OAM, Italy’s primary Anti-Money Laundering regulator. The approval effectively grants Crypto.com the ability to offer its products and services to Italian customers. Buongiorno Italia We’re proud to announce that https://t.co/vCNztATSCO has secured regulatory approval…

As The Merge Gets Closer, Ethereum’s Hashrate Dropped Over 26% Since the Network’s All-Time High 45 Days Ago – Mining Bitcoin News

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While a tentative date for The Merge has been pencilled in by developers, and even though it’s quite possible it could be delayed once again, Ethereum’s hashrate has dropped 26.26% during the last 45 days. 18.21% of the hashrate loss took place after June 30, as Ethereum’s global hashrate slipped from 1,190 terahash per second (TH/s) to today’s 973.27 TH/s. While Ethereum’s hashrate decreased, Ethereum Classic’s hashrate spiked 12.07% higher during the last two days, but the added terahash was way less than the hashrate that left Ethereum during the…

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Bitcoin supera los $23K mientras ether continúa escalando

Ether, la segunda criptomoneda más grande por capitalización de mercado, se intercambiaba a aproximadamente $1540 en la hora de publicación, con un incremento de 5% en el día. El token de Ethereum Classic, el legado que se diversificará de la blockchain de Ethereum, aumentó 10% en el día, intercambiándose a $25. Source

Neverending Fear Cycle In Crypto Breaks, What Happens Now?

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The crypto market pushes upwards as Bitcoin, Ethereum, and other larger cryptocurrencies are turning critical resistance points into support. ETH’s price currently leads the market recovery as it records a 40% profit in the past seven days trading at $1,500. Related Reading | Solana Adds 70% More Shine – Can SOL Keep The Light Coming? On the other hand, BTC’s price is more conservative but has begun recording important gains. At the time of writing, BTC trades at $22,800 with a 14% profit over the same period and is on track…

Bitcoin May See Another 5 – 6 Months of Downward or Sideways Price Movement – Grayscale Report.

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In brief: The team at Grayscale has forecasted that Bitcoin could see another five to six months of downward or sideways price movement. The Grayscale team cites the traditional 4-year Bitcoin and crypto cycle as their basis for the conclusion. The team also highlighted an increase in the number of wallets holding 0.001 – 0.01 BTC, 0.01 – 0.1 BTC, and 0.1 – 1 BTC. A team of analysts from Grayscale has released a report analyzing the ongoing Bitcoin and crypto bear market. Bitcoin Might See Another 5 – 6…

US lawmaker criticizes SEC enforcement director for not going after ‘big fish’ crypto exchanges

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Brad Sherman, the congressperson who previously called for banning cryptocurrencies in the United States, criticized the Securities and Exchange Commission’s (SEC) approach to enforcement among major crypto exchanges. In a Tuesday hearing before the House Committee on Financial Services, Sherman said SEC enforcement director Gurbir Grewal needed to show “fortitude and courage” when pursuing securities cases against cryptocurrency exchanges in the United States. The lawmaker added that the SEC enforcement division had “gone after” XRP as a security, but not the crypto exchanges that processed “tens of thousands” transactions of…