The Ministry of Finance in Russia has put forward a proposal to allow traditional exchanges to facilitate digital asset trading for a specific group of investors. This proposal aims to create specialized regulations for organized trading in digital currencies, considering them as commodities, based on either an exchange license or a trading system license. The
Trading
Recently, crypto analyst Linda has made a bold prediction regarding Ethereum’s price, suggesting that it could reach $4,000 in the near future. This bullish outlook is based on several factors, including the potential approval of Spot Ethereum ETFs. Linda emphasized the positive sentiment surrounding these funds, with many traders eagerly awaiting news from the US
The Sandbox has recently unveiled a new update that allows users to conduct direct LAND transactions through its platform. This feature eliminates the need for third-party marketplaces like OpenSea, making it more convenient than ever to buy and sell digital real estate within the metaverse. As part of the launch of this new update, The
South Korean lawmakers have recently put forward a bill to postpone the implementation of crypto gain tax until 2028. The ruling political party expressed concerns about the current negative sentiments surrounding the crypto industry as the primary reason for seeking an extension. They emphasized the fact that with the declining investment sentiment towards virtual assets,
The resurgence of Bitcoin to the $63,000 level has stirred up excitement in the cryptocurrency market, with investors and analysts hopeful that the downtrend has finally been broken. This recent spike in price has been attributed to the activity of “U.S. whales” engaging in institutional Bitcoin purchases, as highlighted by on-chain analytics platform CryptoQuant. One
The recent price movement of Bitcoin has shown signs of recovery, as the premier cryptocurrency climbed above $58,000 over the past week. A notable crypto analyst, Ali Martinez, has pointed out an interesting chart formation that indicates a potential continuation of this resurgence. According to Martinez’s analysis on the X platform, Bitcoin seems to be
Cardano (ADA) has been making waves in the cryptocurrency market, recording a significant 20.29% price increase over the past seven days. This surge is in line with the current green movement seen in most cryptocurrencies, with ADA trading volume spiking since it hit a low of $0.335 on July 8. The impressive price performance of
Stablecoins have been steadily gaining traction in the market, with a shift in dominance among the top players. While Tether’s USDT has historically been the frontrunner in the stablecoin space, recent data indicates a decline in its market share. In 2024, USDT’s market share on centralized exchanges dropped from 82% to 74%, as reported by
The recent decline in the Bitcoin price has investors worried as it dropped back toward the $56,000 level after a brief pump triggered by CPI data release on Thursday. Despite the desperate attempts from bulls to keep the price up, the bearish trend has continued. One crypto analyst, who goes by the pseudonym ‘Luca VIP’
Germany’s on-chain Bitcoin wallet balance has officially reached zero, as reported by Arkham Intelligence. This milestone marks the end of a bearish narrative that has been looming over the crypto market for weeks. The latest outflows from the wallet indicate that the sell pressure from the European economic powerhouse is likely coming to an end.