Binance Faces Scrutiny Worldwide: How Can This Affect the Cryptocurrency Community?
Cayman Islands-based cryptocurrency exchange Binance received a red card from several regulators worldwide. What's next for crypto users and the crypto community in general?
Read More »Cryptocurrency Remains a Safe Haven Amidst Global Economic Crash
The outbreak of COVID-19 has led to a significant decline in economic growth. The recent economic challenge is associated with inflation that was triggered by governments printing more money to…
Read More »Environmental Lobbyists Force Cryptocurrency Miners into Using Renewable Energy
Environmental lobbyists have for a long time been advocating for nature conservation. Their advocacy efforts now reached one of the most controversial industries, the crypto mining industry, which many criticize…
Read More »Weekly Price Analysis: Crypto Market Gains 14% in First Week of June
The first week of June saw the entire cryptocurrency market register bullish gains. The crypto market cap opened the week at $1.435 trillion and is now at $1.631 trillion which…
Read More »Binance Coin Faces Consistent Rejection at $380, Risks a Fresh Breakdown
Binance Coin has been making a steady upward move after the altcoin found support above $210. For the past five days, buyers have been making frantic efforts to sustain above…
Read More »Crypto Scams Are Gaining Traction in 2021: Investors Lost About $80 Million to Scammers
As the use of cryptocurrency is becoming mainstream globally especially in this Covid-19 pandemic era, scammers have found it as the easiest way of making free money. Scammers have managed…
Read More »Polkadot Rebounds above $36 Low, Attempts to Breach Resistance at $48
Polkadot price rebounds above $36 low as the bullish momentum breaks the resistance levels of $40 and $42. The altcoin price is attempting to break the $44 high. DOT/USD will…
Read More »Polkadot Attempts to Breach $40 Resistance, Lacks Buyers at Higher Price Levels
DOT/USD is making an upward move as it retests the $40 overhead resistance. Each time buyers push the altcoin above the overhead resistance, the altcoin will fall into the range-bound…
Read More »South Korea Announces Testing of CBDC Right After Imposing a New Tax Framework; Is It a Coincidence?
Recently, the South Korean Finance Ministry announced imposing a 20% tax on cryptocurrency earnings. Curiously enough, the decision comes a couple of days before the announcement concerning the testing of…
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