In simpler terms, the use of cryptocurrencies, which offer quick transactions and a decentralized system, is becoming more popular in the realm of online gambling. It’s challenging to obtain accurate information, but industry professionals believe there are approximately 3,000 crypto-based gambling platforms in existence globally. With so many Bitcoin casinos available, it can be overwhelming … Read more
The HKSFPA proposes establishing an autonomous body to oversee crypto regulations, in addition to other recommendations. In an announcement on April 22, the regulatory authority suggested the need for self-regulation in the securities and futures sector, asset management, and cryptocurrencies. The statement emphasized that implementing crypto self-regulation would enhance the economic potential of the region … Read more
The Bitcoin halving, which occurred recently and aims to decrease the production of new coins, has sparked a new round of discussions among cryptocurrency enthusiasts. Economist Peter Schiff added fuel to the controversy over Bitcoin’s suitability as a currency by voicing his concerns about escalating transaction costs and slow transfer speeds. But, critics in the … Read more
The Cardano Foundation, along with Blink Labs, dcSpark, Sundae Labs, and TxPipe, have revealed the establishment of PRAGMA, an new, charitable organization aimed at advancing open-source blockchain software initiatives. Cardano Foundation and PRAGMA: Focus and Targets Renagh Moone, the Global Communications Director at PRAGMA, made an announcement in a post about the organization’s official launch. … Read more
The price of Solana (SOL) has seen a notable increase lately, breaking through the significant resistance level of $150. This progression suggests that the market may remain bullish. Over the last 24 hours, SOL has risen by more than 2%. Currently, its price stands at $153, indicating a favorable trend in its market behavior. Solana … Read more
The price performance of MATIC, the native cryptocurrency of the Polygon network, has been underwhelming compared to other top digital currencies over the past year. While many coins hit new record highs, MATIC failed to keep pace, leaving investors in significant losses. Yet, there’s a glimmer of hope for those holding MATIC, as one market … Read more
X Payments LLC has been granted a Money Transmitter License in Tennessee, signifying a major step forward in their financial industry expansion. This license adds to the 24 they already held, bringing their total to 25. Nevertheless, there are still seven states out of the 32 where X Payments LLC applied for licenses that have … Read more
Based on data from analytics site Lookonchain, approximately $53 million in Bitcoins were taken out of Binance by a large investor within the last five hours. Between March 15 and March 15, this specific whale disposed of approximately $302 million in Bitcoin sales. Smart money accumulating Bitcoin? Some individuals on social media began discussing the … Read more
The price analysis for Dogecoin, or DOGE, the leading meme cryptocurrency in terms of market capitalization, bounced back from the 50% drop at $0.14 last week. This rebound came after Bitcoin (BTC) surpassed the $65,000 resistance level on Monday, causing a broader market recovery. It remains to be seen if this post-halving rally will propel … Read more
Recent data from the Bitcoin blockchain reveals a significant increase in the proportion of miner revenue derived from transaction fees. Let’s explore the reasons behind this surge. Bitcoin Runes Have Caused A Sudden Shake-Up In Miner Revenues Approximately two days ago, an significant milestone transpired on the Bitcoin network: the long-awaited fourth Halving. During this … Read more