As the crypto market valuation tanks under the $1 trillion mark and Bitcoin (BTC) struggles with the $20,000 mark, China has heightened its anti-Bitcoin campaign. State-run Chinese newspaper Economic Daily recently advised Bitcoin investors to adopt extreme caution as it predicted that the benchmark cryptocurrency is “heading to zero.” This misinformation comes as an ongoing […]
Yesterday, Tether, makers of the largest Stablecoin USDT, announced the launch of its new Stablecoin, GBPT. Issued on the Ethereum blockchain, GBPT is a Stablecoin pegged to the British pound. The official announcement detailed: “GBPT will be a stable digital asset that is pegged 1:1 to the British Pound Sterling. GBPT will be built by […]
Ripple (XRP) traded at the mercy of the broader market sentiment over the past few days amid the unavailability of updates from the ongoing US Securities and Exchange Commission (SEC) vs. Ripple case. Since last Thursday, the Ripple community has availed a court order ruling on recent claims by the SEC that all controversial Hinman […]
New reports coming out of the Islamic Republic of Iran show that cryptocurrency mining enterprises in the jurisdiction have to disconnect their mining equipment from the national power supply from today. The latest information came from Tehran Times, a local news agency, quoting the spokesman of the Ministry of Energy, Mostafa Rajabi Mashhadi. Mashhadi explained […]
Lucky Block Price Forecast- June 21 Lucky Block price is bullish. The Lucky Block has continuously formed higher highs and lows through the rising wedge. LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart) Key Levels:Zones of supply: $0.001100, $0.001180. Zones of Demand: $0.000800, $0.000970LBLOCK/USD market initiated the current bullish run on the 18th of June. The Lucky […]
Cryptocurrency exchange Paxful recently reported that Nigerians ranked among the highest in Bitcoin (BTC) trading over the last seven months. This was despite the existing restrictions by the Central Bank of Nigeria on crypto transactions within the country and falling prices. In its report dated June 20, 2022, Paxful revealed that crypto transaction volume by […]
Crypto lending platforms have come under intense strain with the recent market crash as tensions build. Crypto lending protocols recorded a meteoric rise over the past two years, raking in billions of dollars in valuable digital assets, which they then lent out or invested in highly-lucrative DeFi projects. However, following the persisting market woes, DeFi […]
Controversial billionaire and entrepreneur Elon Musk reaffirmed his support for Dogecoin (DOGE) several times over the weekend. Musk asserted via Twitter that he would keep supporting and buying the meme token. Last Saturday, the Tesla and SpaceX CEO talked about the token in a response to a tweet from Dogecoin co-creator Billy Markus, explaining his […]
The head of Russia’s finance ministry’s Financial Policy Department, Ivan Chebeskov, recently made the clarification that cryptocurrency payments, while recognized by authorities in Moscow as an international transaction tool for small businesses, cannot be used for Russian oil deliveries. Chebeskov explained that the ministry endorses the use of crypto assets as a sort of barter […]
