Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
USA
Best Bitcoin & Crypto Casinos USA (2024)
If we take a look at the evolution of online gambling in recent years, there is a clear tendency: New crypto casinos are constantly appearing, and every time more often. Cryptocurrency transactions offer a lot of benefits in comparison to traditional transactions, and this is something that players value. We gathered a list of the best crypto casinos USA so you can have a clear understanding of their features and benefits. Additionally, we will explore some important facts and characteristics…
9 months ago
Germany and USA Move $94M Worth of BTC: Is a Rally Coming ? Inflow In TRX, LINK and KANG Rises
The German government has begun moving a large sum of Bitcoin days following a similar move made by the European Nation, which helped lead to BTC price drops. Moreover, the United States has also begun moving the cryptocurrency. In total, 1,500 BTC was worth $94.94 million, and many of these tokens were spread across accounts on major crypto exchanges, based on data from Arkham Intelligence. The key cryptocurrencies which are being accumulated the most now include TRON (TRX), Chainlink (LINK)…
11 months ago
Finbold 2020 Report Shows Banks Were Fined $14 Bn Due to Irregularities
A recently released report by Finbold showed a tally of banks and countries served with fines due to breaching money laundering regulations and leaking private data. The compilation is arranged from the highest-fined to the lowest. The USA has 12 banks fined, standing as the largest number in the tally by far as China followed it with 7. More Details on the Report Finbold's report further stated that the banks' faults varied, including not following Anti-Money Laundering protocols (AML), sharing…
4 years ago
12 Countries Set to Dominate Blockchain Industry Reveals PWC Report
Global consulting firm PowerhouseCooper (PwC) has revealed 12 countries set to dominate the next decade's blockchain sector. As per a report on distributed ledgers, PwC stated its projections for the next decade, which had some interesting observations. Familiar Countries lead the way The United States and China unsurprisingly lead the way and are expected to dominate the scene for another decade. Both nations have made conscious efforts towards blockchain regulations and creating a good ecosystem for developers. China is expected to…
5 years ago
2020 Cryptocurrency Regulations that could change the industry forever
This year started as a promising new chapter for the cryptocurrency market. A Bitcoin halvening, a global pandemic, and seven months later have made 2020 a completely different year for the industry than what anyone expected. There are plenty of reasons to remember 2020 for many years from now. This year, the cryptocurrency community could go down as the one with some of the most representative regulatory changes in history. Today, we take a closer look at the 2020 cryptocurrency…
5 years ago
Reports Show China is Losing Its Dominance Over Bitcoin Mining Industry
A recent report by TokenInsight noted that China is losing its dominance over the Bitcoin mining industry. The report released by the cryptocurrency analytics company cited data from Cambridge University’s Centre for Alternative Finance. According to the data, the aggregate electricity usage of Bitcoin miners from China was 75.63 percent in September last year and it declined to 65.08 percent by April 2020. During the same period, the data revealed that electricity consumption from Bitcoin miners in the United States rose from 4.06 percent to 7.24 percent. Similarly, it seems Bitcoin mining…
5 years ago
A Guide to Legislation and Taxation on Cryptocurrencies
Cryptocurrency Legislation Over the past 4-5 years, the legislation of cryptocurrencies, blockchain, and similar instruments has become one of the most critical regulatory authorities' tasks. Even though regulation is of utmost importance, the sudden spark has its reasons. Scrupulous practices such as ICO scams, exchange hacks, unregulated creation of monetary schemes, etc., have made it necessary. As a result, governments worldwide acknowledge the importance of regulatory oversight for keeping a check on the space. This has received a lot of…
5 years ago