Crypto Market Crashes, Bitcoin at $33,000Bitcoin price has fallen by 17.8% in the last hour.
Also, the crypto market cap has sunk by 31.7%.
Bitcoin is currently trading at $33,159.69.
The crypto market is in flames as Bitcoin plunges 25% in the last 24 hours with 17.8% in the last hour alone. At the time of writing, Bitcoin price is at…[Read more]

CryptoTaxCalculator and xDai Partners to Streamline Tax RecordingCryptoTaxCalculator and xDai chain partner to make tax recording easier.
The partnership will let users create easy-to-read reports when preparing tax returns.
Recently, the IRS has been increasing its efforts to catch crypto-owning tax-evaders
Tax assistant platform…[Read more]

South Korean Government Plans To Create More Crypto OpportunitiesSouth Korea plans to create opportunities regarding domestic asset markets.
According to Finance Minister Hong Nam-ki, they will focus on the youth.
The statements are obvious shifts from anti-crypto statements earlier this year.
South Korean Deputy Prime Minister and Finance…[Read more]

NFT Uncertainty: Claims NFTs Are Dead While CryptoPunks Sell For $17MThe NFT hysteria took the global landscape by surprise and also sent shockwaves through blockchain networks. Christie’s auction house became the first professional art establishment to facilitate access to NFTs. The centuries-old auction house sold Beeple’s “Everydays: The First…[Read more]

Governments And Altcoins: The Preferences Apart From BitcoinThe analytical data reveals, that two global superpowers – the United States and China – may have crypto investments on a governmental level.

China is the second-biggest BTC holder after Grayscale ($37B worth of BTC), while the US ranks seventh. According to such data, each of them hol…[Read more]

Analyst Predicts Ethereum Will Be Bearish Until $2500ETH will go bearish until the $2500 mark according to technical analyst.
The second-largest crypto shows bearish movement without signs of stopping.
On the other hand, crypto poll shows that investors think the bull market is not over.
The second-largest cryptocurrency, Ethereum (ETH) has lost a…[Read more]

Kimchi Premium Made Bitcoin Price $5k Higher In South KoreaKimchi Premium prized BTC $5000 higher than global markets.
While BTC is valued at $39k globally, South Korean markets value BTC at $45k.
While demand is high in South Korea, gold demand is also rising.
Back in April, the infamous Kimchi Premium drove BTC price to $68k. During those times,…[Read more]

StopElon Surges Over 1000% Amid Crypto Slump

Ethereum Will Reduce Energy Use by 99.95% With PoSEthereum’s shift from PoW to PoS will cause its energy consumption to fall by 99.95%.
The update comes from the Ethereum Foundation’s blog, which compares the usage now and after the shift.
Further, he adds that Ethereum will become 7,000 times more energy-efficient than Bitcoin.
Ethereum is out…[Read more]

Explainer: What Beijing’s new crackdown means for crypto in ChinaNew crypto project $STOPELON has launched on Binance Smart Chain.
The project aims to take control of Tesla (NASDAQ:TSLA).
$STOPELON price has surged over 1000%.
A new crypto project recently launched on the Binance Smart Chain. The projected called $STOPELON has surged 1,800% in…[Read more]

Explainer: What Beijing’s new crackdown means for crypto in ChinaSHANGHAI (Reuters) – Chinese regulators have tightened restrictions that ban financial institutions and payment companies from providing services related to cryptocurrencies, marking a fresh crackdown on digital money.

Compared with a previous ban issued in 2017, the new rules…[Read more]

Bitcoin, ethereum plunge as sell-off smashes crypto sectorNEW YORK/LONDON (Reuters) – Bitcoin and ether tumbled on Wednesday to 3-1/2 month lows, on track to post their largest one-day loss since March last year, in the wake of China’s move a day ago to ban financial and payment institutions from providing cryptocurrency services.

At one point…[Read more]

ethbox’s EBOX Now Listed on PancakeSwapethbox just announced on Twitter the news of its listing on PancakeSwap.
It is currently offering the trading pair EBOX/BNB.
The company aims to contribute majorly to crypto mass adoption.
ethbox’s native token EBOX has just been listed on PancakeSwap! The blockchain tools platform tweeted the ann…[Read more]

Ark Investment Reports $20M Holdings in Ethereum TrustArk Investment has reported holdings of 639,069 shares in Grascale’s ETH Trust.
Etherium fans have taken the investment as a bullish sign.
Ark Investment also owns large holdings for Bitcoin.
Ark Investment has reported holdings of 639,069 shares in Grayscale‘s Ethereum Trust for Q1. The sha…[Read more]

Colonial Pipeline Hackers Siphon $90 Million in BitcoinColonial Pipeline hackers got away with over $90 million in bitcoin.
The FBI is blaming DarkSide cybercrime group for the attack.
DarkSide allegedly shut down last week.
The hackers responsible for the Colonial Pipeline ransomware attacks allegedly got away with $90 million in bitcoin. The FBI…[Read more]

Indian Government to Discuss Crypto BanThe Indian government is rethinking the discussion of crypto regulation in India.
The government might form a new committee to discuss the old sanctions on crypto.
According to local news, the Indian government is rethinking the discussion of crypto regulation in India.

The news comes amid the current view…[Read more]

Crypto Market Crashes, Bitcoin at $33,000Bitcoin price has fallen by 17.8% in the last hour.
Also, the crypto market cap has sunk by 31.7%.
Bitcoin is currently trading at $33,159.69.
The crypto market is in flames as Bitcoin plunges 25% in the last 24 hours with 17.8% in the last hour alone. At the time of writing, Bitcoin price is at…[Read more]

BlockFi Now Mining Bitcoin With BlockstreamCrypto Lender BlockFi is now planning to mine Bitcoin using Blockstream Mining.
BlockFi will set up shop in a warehouse in Adel, GA with up to 300 MW power.
BlockFi will run a mix of MicroBT and Bitmain miners for the project.
Crypto lender BlockFi has paired up with Blockstream to mine Bitcoin. The…[Read more]