After a long struggle in 2022, this year could be promising for ETH, and this year is commencing on a more positive approach for the virtual digital asset market. As a result, most virtual digital assets are witnessing their prices improve, and ETH has been changing hands by more than 34% since the start of … Read more
Policies Imposed by VARA Reasons for the Regulations by VARA Fines Involved in Breaking the Rules Imposed The Mechanics of Privacy Coins Revealed The Dubai Virtual Assets Regulatory Authority (VARA) has implemented policies to make Dubai a prominent hub for virtual assets globally. It has outlawed any dealings with privacy coins XMR and ZEC. Policies … Read more
Stagnating Solana Prices Why Solana Stands out From Other Cryptocurrencies According to Whale Alert, a crypto tracking platform, a significant transfer of 7,981,571 Solana (SOL) valued at (worth $184,488,088) has been detected between wallets in the past hours during the day. However, more is needed to know about the shifting of the SOL, as many … Read more
The XAU/USD (Gold/US Dollar) pair has resumed its downward trend after experiencing a minor pullback, currently hovering near the $1,870.00 level. The precious metal has been experiencing fluctuations recently as the US bond yields continue to rise, putting pressure on non-yielding assets like gold. The Asia trading session is especially crucial for the XAU/USD pair, … Read more
An American venture capital investor, Mr. Tim Draper, tried to convey BTC to Sri Lanka, but his effort was eventually rejected. So instead, he emphasized the assimilation of BTC in Sri Lanka to assist them in countering the ongoing economic disaster. Mr. Tim Draper was in Sri Lanka to film an episode of Meet the … Read more
Hong Kong remains persistent in its pursuit of registering as Asia’s cryptocurrency hub regardless of the disastrous fall from the collapsed digital asset exchange platform FTX. According to Bloomberg, the city announced it was pursuing becoming a universal digital asset hub. Moreover, it stated that it will take note of the lessons from the fall … Read more
Arizona would register as the first state in the United States to make BTC legal tender. At the end of last month, the Arizona legislature introduced a new bill to enable BTC legal tender within the United States. If the Bill is approved, Arizona will become the first United States in which BTC has legal … Read more
BTC has managed to revive above 23,000 dollars after dropping that level below the beginning of the week due to long investors who witnessed their position change. However, the benchmark digital asset remains highly volatile, with bearish and bullish markets struggling to control the 23,000 dollar value point. According to the Binance chart o the … Read more
Gold and Upcoming FED Rates Decision Gold prices took a hit as the US dollar gained strength in anticipation of the Federal Reserve’s upcoming decision on interest rates. Analysts expect The central bank to raise interest rates by 0.25% to manage inflationary pressures and keep the economy on a stable footing. Recent economic data has … Read more
ADA’s leading wallet investors have begun redistributing to selling their holdings. Cardano whales have trimmed their balances since the ETH killer soared past $0.38 on 21 January. Cardano’s price broke out of a multi-month downward trend, and the following bullish target suggests a 10% upswing. The ETH-rival and PoS blockchain platform Cardano has seen a … Read more
