French lawmakers have agreed to tone down the restrictions on a bill first proposed in March that would have severely restricted locally-registered cryptocurrency companies from using influencer marketing. An earlier draft of the bill allowed only licensed crypto companies to engage in influencer marketing. However, while crypto companies are currently […]
Memecoins, or meme cryptocurrencies, started as a cultural phenomenon with the launch of Dogecoin (DOGE) in 2013, inspired by an internet meme and a critique of the wild crypto market at the time. Dogecoin was developed by software developers Billy Markus and Jackson Palmer as a joke to mock what […]
In the latest development in the fight against cybercrime, Binance, the world’s leading cryptocurrency exchange, has collaborated with US law enforcement to seize $4.4 million and freeze accounts connected to North Korean organized crime. On Wednesday, May 24, Binance took to Twitter to express its fulfilment in its collaboration with […]
On May 24, the Chinese city of Zhengzhou announced a series of policy proposals to support metaverse companies operating in the region. As part of the initiatives, the municipal government will establish a dedicated fund worth 10 billion yuan ($1.42 billion) to foster growth and development in the industry. Per […]
On-chain data suggests a majority of the Bitcoin exchange inflows are currently coming from investors holding their coins at a loss. Bitcoin Exchange Inflow Volume Is Tending Towards Losses Right Now According to data from the on-chain analytics firm Glassnode, the short-term holders are mostly contributing to these loss inflows. […]
In a significant development, Dubai’s regulatory authority, renowned for its progressive approach to financial innovation, has sounded the alarm on the inherent risks stemming from the global regulatory gaps within the cryptocurrency industry. As cryptocurrencies continue to gain mainstream attention and adoption, concerns have grown over the urgent need for […]
Bitcoin price is struggling to recover above the $26,650 resistance. BTC might start another decline if it stays below the $26,650 resistance zone. Bitcoin is consolidating below the $26,600 and $26,650 resistance levels. The price is trading below $26,650 and the 100 hourly Simple moving average. There is a major […]
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Bitcoin cash price started a fresh decline below the $115 zone against the US Dollar. The price is now trading below the $115 zone and the 55 simple moving average (4 hours). There is a […]
This month the total market capitalization of the stablecoin sector within the cryptocurrency space has reached its lowest level since September 2021, marking its fourteenth consecutive month of decline, as it fell 0.45% to $130 billion as of May 23. According to CCData’s latest Stablecoins & CBDCs report, stablecoin trading […]
The Avalanche (AVAX) ecosystem is gaining increasing attention in the world of blockchain and decentralized finance (DeFi). Despite not being as well known as other chains, such as Ethereum or Binance Smart Chain, Avalanche’s unique consensus mechanism and interoperability with other chains make it a compelling option for developers and […]
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