Zanzibar, a semi-autonomous territory in the United Republic of Tanzania, is reportedly exploring ways to regulate and adopt cryptocurrencies like Bitcoin (BTC). The government of Zanzibar is planning to conduct meetings with stakeholders like banks and ministries to discuss policies related to the cryptocurrency industry. Zanzibar Minister of State Mudrick Soraga announced the plans to Tanzanian news agency The Citizen…
From the art world to gaming to sports, the hype around non-fungible tokens (NFTs) has exploded in 2021. But as the technology matures, NFT developers are exploring their potential to build communities through trustworthiness, longer-term benefits, and opportunities for education and collaboration. First came the boom, as multimillion-dollar artwork sales grabbed headlines around the world, and holders of early NFTs…
Sian Berry, a Green Party London Assembly member, has called for a ban on cryptocurrency ads following a three-week-long Floki Inu campaign on the London Underground. For Berry, the ban should be put in place because cryptocurrencies are unregulated in the UK. “Where the advert says ‘this is completely unregulated, you may lose all your money,’ they ought to have…
A 37% November price rally in Litecoin (LTC) risks exhaustion as the “silver cryptocurrency” hints at forming a Double Top chart pattern. The classic bearish reversal setup appears when the price forms two consecutive peaks of almost the same height, with each upside move meeting with a strong correction towards a common support level, called the “neckline.” Typically, the price…
It pays to be early in crypto. And today is no different. As part of its first-ever token launch, decentralized finance (DeFi) project ParaSwap announced today that it is handing out 150 million of its native PSP tokens to early users. ParaSwap is a platform that collects different cryptocurrency trading rates from across the DeFi space. One trade may be…
Zanzibar is keen on getting stakeholders’ views on the viability of adopting digital currencies before a final decision is made, a government minister has said. The Importance of Getting the Views of Stakeholders In his remarks during an interview with The Citizen, Mudrick Soraga, who is the Minister of State, revealed his government is planning to meet stakeholders in the…
In a bizarre event, a cryptocurrency with the same name as SpaceX’s satellite range “Starlink” jumped over 140% as Elon Musk’s space technology company launched 53 of them into the Earth’s lower orbit. Watch Falcon 9 launch 53 Starlink satellites to orbit → https://t.co/bJFjLCzWdK https://t.co/dgHuF6SIZ4 — SpaceX (@SpaceX) November 13, 2021 Written as StarLink (STARL), the little-known crypto rallied 13.70%…
A new crypto tax paradigm is brewing in Argentina, where two provinces have now approved crypto tax laws. This means that Argentinian citizens must disclose their cryptocurrency holdings and pay taxes according to the trades they do in the provinces of Tucuman and Cordoba. This is because cryptocurrencies have been grouped with all other international currencies, and are therefore subject…
VanEck, one of the first United States-based asset managers to file for a Bitcoin (BTC) exchange-traded fund (ETF), is finally launching its Bitcoin futures ETF. According to an official notice by the Chicago Board Options Exchange (CBOE), VanEck’s Bitcoin Strategy ETF will start trading on CBOE under the ticker symbol XBTF on Nov. 16. VanEck’s new ETF is joining the…
sponsored William Quigley loved baseball cards during his pre-teens. As the founder of WAX (Worldwide Asset Exchange), you might think Quigley’s crowning achievement may have been to strike a deal with Topps Baseball Card company, so WAX could manage and create NFTs with the MLB. However, Quigley was able to add another giant feather to his cap as WAX recently…
