Tag: News

ETH on the Cusp of $1,200 Following Breakout of Key Resistance Level – Market Updates Bitcoin News

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Bitcoin edged marginally higher on the last Friday of the month, breaking out of its recent resistance of $21,100 in the process. ETH was also in the green during today’s session, climbing by nearly 5% to move past a price ceiling of its own. Bitcoin Following a turbulent week of trading, BTC was once again higher on Friday, as prices moved above $21,000 heading into the weekend. Less than a day after trading at a low of $20,233.56, BTC/USD rallied to an intraday peak of $21,266.39 Friday’s flurry of trading…

Portuguese Football Legend Cristiano Ronaldo in NFT Partnership With Binance – Bitcoin News

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Cristiano Ronaldo, one of the world’s top-earning athletes, has entered into a partnership with Binance which gives his supporters a chance to join the footballer’s Web3 community. According to Ronaldo, his partnership with Binance is “going to change the non-fungible token (NFT) game and take football to the next level.” Iconic Piece of Sports History The Portuguese celebrity footballer, Cristiano Ronaldo, has announced his exclusive multi-year non-fungible token (NFT) partnership with cryptocurrency exchange Binance. According to a statement released by the crypto exchange, through the partnership arrangement, followers of the…

GRN (G) Is Now Available for Trading on LBank Exchange – Press release Bitcoin News

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press release PRESS RELEASE. INTERNET CITY, DUBAI, Jun. 24, 2022 – LBank Exchange, a global digital asset trading platform, has listed GRN (G) on June 24, 2022. For all users of LBank Exchange, the G/USDT trading pair is now officially available for trading. The blockchain industry has been a source of contention due to its wasteful use of power and resultant e-waste, which prevents them from acting as a viable alternative to the current centralized system or for wider adoption. To combat these issues, GRN Grid is designed as an…

Polygon’s MATIC Surges 27% On Carbon Neutrality News

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According to CoinMarketCap, the Polygon (MATIC) value was increased by nearly 27% to $0.55 within 24 hours after Polygon’s news of being carbon neutral. However, the coin is still on an upward trend, and as of the time of writing, it was trading at $0.60.  The price is still below what it was at the beginning of the month when it was trading at $0.66, but considering the market downturn, MATIC’s price gain is sending out a positive vibe. It ranks as the 18th largest cryptocurrency worldwide. Related Reading | Bitcoin…

Bill Imposing Fines for Illegal Issuance and Exchange of Digital Assets Proposed in Russia – Regulation Bitcoin News

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A bill introducing financial penalties for those who illegally issue or exchange digital financial assets has been filed in the Russian parliament. The legislation has been submitted by the sponsor of another draft law banning their use as a means of payment. New Bill Targets Russian Platforms Issuing and Trading Digital Currencies Outside Law Persons and entities illegally issuing digital financial assets (DFAs), the current definition of cryptocurrencies in Russia, will have to pay hefty fines, according to a bill recently submitted to the State Duma, the lower house of…

Swiss Regulator Urges Financial Watchdogs to Protect Crypto Investors – Regulation Bitcoin News

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Crypto trading is increasingly similar to the U.S. stock market of the late 1920s, the head of the Swiss financial watchdog has remarked. The high-ranking official believes that regulatory agencies around the world should do more to ensure investor protection. Swiss Financial Watchdog Executive Calls for More Regulations for ‘Abusive’ Crypto Market Governments are still trying to find the best approach to overseeing the $900-billion crypto asset market, which in many jurisdictions is only partially regulated, Euronews noted in a report on Wednesday. Officials have issued numerous warnings about the…

Namibian University Set to Offer Master’s Degree in Blockchain Technology in 2024 – Bitcoin News

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A Namibian university is set to offer a master’s degree in blockchain technology starting in the year 2024, a senior employee with the institution has said. The university is already “infusing” blockchain technology-based content into its level 8 programs. ‘Blockchain Is the Future’ A Namibian higher learning institution, the University of Namibia (UNAM), is set to offer a blockchain technology-related course starting in 2024, the university’s head of the IT department, Samuel Nuungulu, has said. Nuungulu, the chairperson of UNAM’s steering committee on the MSc on blockchain technology, told Bitcoin.com…

NoVa Battles’ NoVa (NVA) Token Is Now Listed in Bitrue – Press release Bitcoin News

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press release PRESS RELEASE. NoVa Battles has taken another step forward by completing another major milestone, being listed on Bitrue. The centralized exchange, Bitrue, has announced that NVA passed the BTR Vote on the 21st of June, 2022. The launched listing pair is NVA/USDT. Deposits for this coin (ERC20 Network Supported) have already been enabled. NVA Token holders can now trade on Bitrue here: https://www.bitrue.com/trade/nva_usdt Withdrawals for this coin will be enabled approximately 24 hours after trading begins. The NoVa Battles team is excited to bring you another chance to…

Crypto and Defi Could Pose ‘Real Risks’ to Financial Stability – Regulation Bitcoin News

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The president of the European Central Bank (ECB), Christine Lagarde, says crypto assets and decentralized finance (defi) have the potential to pose “real risks” to financial stability. She has some regulatory suggestions to supplement Europe’s Markets in Crypto Assets Regulation (MiCA) bill. Lagarde on Crypto Regulation ECB President Christine Lagarde talked about cryptocurrency regulation at the European Parliament’s Committee on Economic and Monetary Affairs hearing Monday. She said: We believe, as we are embarking on this work concerning crypto assets and the risk that they pose, that crypto assets and…

We’re Not Seeing Significant Macroeconomic Implications From Crypto Sell-Off – Regulation Bitcoin News

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Federal Reserve Chairman Jerome Powell says the central bank is “not really seeing significant macroeconomic implications” from crypto’s volatility. The Fed chair stressed that there is a need for a better crypto regulatory framework. Fed Chair Powell Says Crypto Needs Better Regulation Federal Reserve Chairman Jerome Powell testified before the Senate Committee on Banking, Housing, and Urban Affairs on “the semiannual monetary policy report to congress” Wednesday. Senator Kyrsten Sinema (D-AZ) asked him whether the Fed has been tracking crypto activities given the recent market volatility, and what implications crypto…