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Cryptocurrency News

Location American Cryptocurrency News for 29 December 2021

Bitcoin dominance falls under 40%

Coin Telegraph - 29 Dec 2021 07:53
Bitcoin dominance falls under 40% While Bitcoin critics claim this means that BTC is losing its first-mover competitive advantage, others are anticipating the "altcoin season" is just around the corner, or might even be already underway.
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Legal Experts Say It's Too Late to Ban Crypto, India Needs Comprehensive Regulation Indian legal experts reportedly say that it is too late to ban cryptocurrency despite calls for a complete crypto ban by the central bank, the Reserve Bank of India (RBI). The Swadeshi Jagran Manch (SJM), an affiliate of...
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Bitcoin and Ethereum Extend Decline, BTT and MIOTA Rally Bitcoin price remained in a bearish zone below the USD 50,000 level. BTC extended decline below the USD 47,500 level before recovering higher. It is currently (04:19 UTC) trading near USD 48,000 and remains at a risk of ...
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South Korea to Tax Crypto Gifts, Inheritances, Plans Crackdown on Manipulators The South Korean tax body has announced plans to start taxing crypto gifts and inherited tokens - although taxes will need to be paid in fiat using complicated-sounding methods. And Seoul has also announced that it will ...
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Video Game Retail Giant Gamestop Reveals More Clues About Upcoming NFT Marketplace At the end of May, crypto advocates discovered a website created by the video game retailer Gamestop. The web portal disclosed that Gamestop was entering the world of blockchain tech and non-fungible token (NFT) assets. ...
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ROSE gains 54% in a week as Oasis Network ecosystem expands ROSE price is on the rise thanks to a $160 million ecosystem fund that helped facilitate the launch of the first DeFi and NFT projects on Oasis Network.
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As Bitcoin and Ethereum See Sharp Drops, 18 Crypto Assets Captured Double-Digit Gains Last Week While the crypto economy shed billions in value this week, 18 different digital assets have accrued double-digit gains during the last week. At the same time, the top two leading crypto assets by market capitalization, b...
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Price analysis 12/29: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE Bitcoin and most major altcoins are facing selling at higher levels and buying on dips, signaling a consolidation in the short term.
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India's Central Bank RBI Discusses Digital Currency and CBDC Launch With Minimal Impact on Monetary Policy India’s central bank, the Reserve Bank of India (RBI), says a basic central bank digital currency (CBDC) model must be adopted initially and tested comprehensively to minimize the impact on the country’s monetary pol...
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Robinhood's Crypto Beta, FTX Challenge, Bitcoin Miners Bet Big, BTC ETF Inflows + More News Get your daily, bite-sized digest of cryptoasset and blockchain-related news - investigating the stories flying under the radar of today's crypto news.________ ...
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Bitcoin dips below $47K but one trader is eyeing 'solid risk/reward' for longing BTC now Short-term profit opportunities are there, but so are concerns over a "panic" sell-off still absent from BTC price charts.
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Power Deficit Forces Crypto Miners to Leave Kazakhstan Electricity shortages have been dogging Kazakhstan’s booming crypto mining industry this year. A media report reveals that some miners, including some of those that moved in amid China’s crackdown on the sector, are ...
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Coinone Sends KYC Warning to Users of Centralized Crypto Exchanges One of South Korea's biggest crypto exchanges - Coinone - has told its customers that they will no longer be able to make withdrawals to "unregistered" wallet addresses as of next month. Observers both in South Korea and...
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Crypto News Rewind 2021: Q2 - Bitcoin Crash, China's Crypto Crackdown, El Salvador's BTC Move, Musk vs BTC Here is what happened in the Cryptoworld in the second quarter of this year: Total crypto market capitalization in Q2 ____ Learn more:- Crypto News Rewind 2021: Q1 - Rallies, Tesla & MicroStrategy & PayPal Bitcoin Moves,...
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An African Perspective on Why the World Needs Cryptocurrencies Rising cryptocurrency use in Africa over the past few years has not only shown that digital currencies are now a vital means of moving funds across borders and between people, but that cryptocurrencies are also an import...
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South Korean Gaming Regulator to Force Crypto Games off Google, Apple App Marketplaces South Korea's gaming regulator has extended the scope of its crypto and blockchain gaming freeze-out by warning developers they must remove play-to-earn titles from the Google Play and the Apple App Store....
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SEBI chief warns Indian mutual funds on investing in cryptocurrency offerings While the regulatory environment for cryptocurrencies in India is currently murky, the country has already witnessed an exponential rise in crypto popularity.
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Crypto mining reportedly rises in Thailand due to Chinese crypto ban Thailand is among the countries capitalizing on China's crypto crackdown, with retail investors increasingly mining crypto.
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Bitcoin wallet addresses created in November inches toward a million Retail could be right around the corner: Bitcoin wallet addresses shot up by almost one million in November.
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Bitcoin and Ethereum At Risk of More Downsides

Crypto News - 29 Dec 2021 12:19
Bitcoin and Ethereum At Risk of More Downsides Bitcoin price failed to recover above the USD 48,500 level. BTC extended decline below the USD 48,000 support. It is currently (11:30 UTC) trading below USD 40,000 and might decline further towards the USD 46,500 level. ...
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Regulators Learning from Crypto to Take on Pump and Dumps in Stocks A newly released presentation has revealed how the Australian Securities and Investments Commission (ASIC) has learned about pump and dump activities in the crypto market, and how the same schemes have spilled over to th...
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S&P Global Ratings Study Predicts Crypto and Decentralized Finance Will Continue to Grow in 2022. S&P Global, an intelligence and data company, suggests that crypto and decentralized finance trends will continue to gather steam in 2022. In its latest report, the company examines the current state of the market and no...
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