intermediate Cryptocurrencies have become a big hit-and-loss situation paradigm for some users. So, traders and investors always look for price predictions prepared down to the smallest detail. Today, we discuss the market sentiments concerning the Monero project and take a closer look at the XMR coin’s trading prospects. Please note, that the crypto market suffers from great volatility. Always do…
The central bank of Laos has issued licenses to two cryptocurrency trading platforms. Lao Digital Assets Exchange (LDX) and Bitqik are now the only two licensed entities that can offer full brokerage and trading services in cryptocurrencies and other digital assets in the country. 2 Cryptocurrency Exchanges Authorized in Laos Laos’ central bank, the Bank of the Lao P.D.R. (BOL),…
Thailand’s Committee on Monetary Affairs, Finance, Financial Institutions and Financial Market conducted a virtual meeting to discuss various aspects of crypto taxation. The ruling party MP Watanya Wongopasi posted a summary of the discussion on her Facebook page and urged the Excise department to do their due diligence before imposing any tax on the crypto trading market. In the meeting,…
Though Bitcoin has fallen below the key $40,000 mark and Ethereum continues to dip under $3,000, several altcoins have suffered worse losses than the crypto market leaders. Less than 48 hours after Secret Network, a privacy-focused Layer 1 blockchain project built atop the Cosmos blockchain, celebrated its $400 million ecosystem funding, SCRT, the project’s native token, fell by a hefty…
Bitcoin (BTC) may have tanked to six-month lows this week, but under the hood, the network is now verifiably stronger than ever. Data from on-chain monitoring resources including Glassnode and BTC.com confirms that as of Friday, the Bitcoin network difficulty is at a new all-time high. Difficulty passes 26 trillion for the first time The difficulty, which expresses how much…
Blockchain use cases continue to grow as the world learns about the benefits that it brings. Apart from bringing financial innovations like the ability to do peer-to-peer transactions, blockchain now makes its way to the health industry. Health specialists created a method to track and store health data using blockchain technology. Rosanne Warmerdam, the CEO of Health Blocks, told Cointelegraph…
Autograph, the NFT agency co-founded by famous NFL player Tom Brady, has raised $170 million in its series B funding round. The company revealed that the funding round was led by Andreessen Horowitz and Kleiner Perkins, with the participation of other notable companies in the field. The funds raised will contribute to the expansion of the company with new, undisclosed…
Bitcoin (BTC) stayed lower on Friday after an overnight bout of volatility sent the largest cryptocurrency to six-month lows. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $40,000 optimism unwinds Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing at $38,250 after shedding over $4,000 in hours. Circling $39,000 at the time of writing, traders were reeling from the sudden downside,…
New research suggests that during the height of COVID-19, the number of people searching for a furry friend to keep them company hit new highs – not only physically but also in the Metaverse. The question is, are tokenized pets here to stay, or are they a pandemic fad? The Metaverse is widely regarded as the next iteration of the…
The creators of the Flow blockchain network and NBA Top Shot, Dapper Labs, announced the launch of a new non-fungible token (NFT) compilation called “UFC Strike.” According to Dapper Labs, the new NFTs will launch on Sunday, January 23, and feature “amazing displays of striking and grappling from UFC fighters.” MMA Entertainment Giant Partners With Dapper Labs to Introduce ‘UFC…
