Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Meanwhile, Russian companies are already using digital assets in cross-border settlements, the official noted. Russian Legislature to Vote on Crypto Laws by End of July The State Duma, the lower house of the Russian parliament, plans to…
Month: May 2023
Can memecoins be used as real currency?
Memecoins’ security and dependability as a medium of exchange remain a topic of debate in the cryptosphere. Memecoins are said to be safe and decentralized, but some are concerned about their volatility and lack of oversight. Memecoin proponents claim that because they are decentralized, users have more control over their money and are protected from fraud and theft. Furthermore, memecoins…
‘Significant risk’ of US Treasury running ‘out of funds’ soon: Report
The United States government faces a “significant risk” of no longer being able to meet all of its financial obligations as early as June, as per a recent report. According to a May 12 report published by the U.S. Congressional Budget Office (CBO), the risk of the U.S. government defaulting on its debt in the near future stems from it…
BTC miner Rhodium faces lawsuit over an alleged $26M in unpaid fees: Report
Crypto mining firm Riot Platforms is seeking to terminate “certain hosting agreements” with Rhodium Enterprises and be relieved of refunding any outstanding pow… Source: https://cointelegraph.com/app/public/index.php/news/btc-miner-rhodium-lawsuit-alleged-26-m-in-unpaid-fees
Americans’ Preference for Real Estate, Crypto Plunges — Fondness for Gold Skyrockets – Bitcoin News
A recent Gallup Poll reveals a significant decline in the percentage of Americans favoring real estate as their preferred long-term investment, despite its continued popularity. Conversely, the Gallup survey indicates that the perception of long-term investments in gold has experienced an almost twofold increase compared to the previous year’s poll on the same topic. Gallup Poll Reveals Preference for Real…
South African Currency Plunges to New Low Versus the Dollar a Day After the US Accused Country of Secretly Supplying Ammunition to Russia – Featured Bitcoin News
The South African currency’s exchange rate versus the U.S. dollar plunged to a new all-time low of ZAR19.51:US$1 on May 12. The rand’s latest fall came a day after the U.S. ambassador to South Africa accused the country of secretly supplying weapons to Russia. Banking giant JP Morgan said it now projects South Africa’s gross domestic product to contract by…
BTC miner Rhodium faces lawsuit over an alleged $26M in unpaid fees: Report
Crypto mining firm Riot Platforms – formerly Riot Blockchain – is seeking to recover “more than $26 million” in alleged unpaid fees from Texas-based Bitcoin (BTC) miner Rhodian enterprises, according to its Q1 2023 report. Published on May 10, Riot’s report stated that Whinstone – a wholly owned subsidiary of Riot – has filed a petition against Rhodium Enterprises on May…
10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies – Economics Bitcoin News
The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed to “encourage the use of local currencies for economic and financial transactions.” The group comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. This move will help them reduce their reliance on the U.S. dollar. Southeast Asian Countries’ De-Dollarization…
KuCoin Token (KCS) Price Prediction 2023 2024 2025
beginner KuCoin Token Overview KuCoin Token Price $7.66 KuCoin Token Price Change 24h 0.85% KuCoin Token Price Change 7d 1.6% KuCoin Token Market cap $742,638,726.55 KuCoin Token Circulating Supply 96,974,735 KCS KuCoin Token Trading Volume $911,957.54 KuCoin Token All time high $28.80 KuCoin Token All time low $0.34 KuCoin Token Prediction Table YearMinimum PriceAverage PriceMaximum Price2023$9.33$9.63$10.742024$14.07$14.55$16.362025$21.18$21.76$24.892026$31.15$32.24$36.872027$43.01$44.62$53.332028$63.67$65.46$75.132029$92.49$95.10$111.482030$133.43$138.18$159.742031$189.48$195.00$230.652032$283.91$291.71$329.14 KuCoin Token Historical According…
Steem (STEEM) Price Prediction 2023 2024 2025 2026
intermediate Steem is a blockchain platform where anyone can earn rewards for posting and viewing content. The incentive platform supports community building and social engagement, rewarding those who participate in publishing, voting, and exploring large content using cryptocurrency. The social media project was founded in 2016 by Daniel Larimer (former BitShares programmer) and Ned Scott. There was no Steem ICO…