Bitcoin, the world's largest cryptocurrency, surged on Sunday to its highest level in nine months, as global banking turmoil led investors to seek refuge in the digital asset.
The price of Bitcoin climbed to $62,132, the highest since May 2022, according to data from CoinDesk. The rally comes amid increasing concerns about the health of traditional banking systems, as well as growing demand for digital currencies as a store o
The NFT platform Blur announced it will distribute 300 million tokens to its devoted users.
Blur has surpassed OpenSea as the most popular Ethereum NFT trading platform in terms of trading volume.
The platform will use a loyalty system to determine how tokens will be distributed to users in Season 2, based on their engagement and dedication to the platform.
The NFT platform Blur h
Cryptocurrency traders use trading signals and bots to assist in making profitable trading decisions.
Trading signals can be generated automatically or manually by experienced traders using various specialized indicators.
Choosing a reliable trading signal service is important for successful cryptocurrency trading.
The Importance of Trading Signals for Cryptocurrency Traders in 2023
SmartOptions has launched an on-site platform called SmartOptions Shop for risk-free crypto signal subscriptions in 2023.
Verified Crypto Traders is the first provider featured on the webshop, and users can purchase VCT subscriptions with special discount codes directly on the site.
The initiative reduces the risk of scams and makes the purchasing process smoother and easier for users, with
Cryptocurrency donations made to the Wikimedia Foundation, which owns and runs Wikipedia, are no longer accepting crypto donations. It took three months of deliberation, as per the report. Molly White, a Wikipedia contributor, tweeted an image of the notification. According to Mashable, White also maintains the 'Web3 is Going Great' website, which records cryptocurrency frauds and attacks. During a three-month-long conversat
The bitcoin price finally rose after five days of erratic performance, but experts questioned if the recent surge would have any staying power in an anticipated dismal start to quarterly results, monetary hawkishness, and macroeconomic precariousness, among other factors.The crypto exchanges in India look to be "dropping out of the window, but grabbing onto the ledge," according to Alex Kuptsikevich, an analyst at FxPro, who
Avoid missing CoinDesk's Consensus 2022, the must-attend crypto & blockchain festival event in Austin, TX, on June 9-12 this year! On Thursday, it was announced that the football nft crypto will be experimenting with non-fungible tokens (NFT), introducing a series of card-themed collectibles in conjunction with its upcoming player draft.A live version of the collection is available on the league's Polygon-based marketplace,
Britain's previous approach to financial technology regulation has been held up as the de facto benchmark, but its more risk-averse stance has stifled the sector's expansion in crypto, according to industry crypto regulators.Investors have been warned by the Financial Conduct Authority and the Bank of England several times since token prices started rising in 2020, but crypto regulation in the U.K. is only just now beginnin
As the cryptocurrency industry continues to expand around the globe and across a wide range of businesses, financial institutions are seeing a surge in demand from customers for services and investments in the crypto license that are both secure and compliant with regulatory requirements.One institution that has taken the initial steps toward delivering digital asset-related services is the German-based Commerzbank, which ha
Since mid-January, Shiba Inu Robinhood has begun to form a much-anticipated wedge formation that is supposed to lead to a bullish breakout. This structure's top trendline signaled an upward break even though the price was trading below both contracting trendlines.As early as February, there were rumors that Robinhood might begin trading SHIB tokens. It took six months of persistent campaigning by Robinhood's users before the
In a significant upgrade, Ethereum, the Blockchain underlying the cryptocurrency Ether, wants to reduce the massive energy use in Ether mining by 99.95%. The firm has declared that it would abandon the current Proof-of-Work system in favour of one based on Proof-of-Stake (PoS) (PoW).Because of the latest upgrade, "Ethereum upgrade will have nearly the same energy consumption as operating a personal computer for each node on t
Real-world statistics and expert opinion seem to be at odds with European Central Bank President Christine Lagarde, who described cryptocurrencies as a "threat" to global security. Christine Lagarde, the president of the European Central Bank, has reaffirmed her concerns that Russian people and companies are using cryptocurrency to circumvent sanctions.According to Chainalysis, daily crypto trading in rubles was just $7.4 mi
A 30 percent tax rate, the same as the lottery winners' tax, will apply to cryptocurrency tax earnings beginning in April of this year. Virtual digital assets include Bitcoin, NFT, and their corresponding profits. However, the tax rate on stock trading varies between zero and 15 percent depending on the tax bracket in which it is lodged (if filed as a short-term capital gain). To avoid falling foul of the legislation in the
Now, people in Dubai can purchase and sell items using money after crypto regulation. President Mohammed bin Rashid, who serves as Vice President and is also the ruler of Dubai, said that the emirate had enacted its first legislation on virtual assets.People in Dubai are working on crypto regulations that will protect investors while also assisting companies in growing in a manner that is beneficial to everyone.Consequently, t
Key Details and Impact of Executive Order On Cryptocurrency By President Biden This week, President Biden is reportedly planning to sign executive order crypto to solidify the U.S. government's stance on cryptocurrencies. It was anticipated that the executive order on cryptocurrency would be issued this week, but it had already been planned well before the war. According to two sources, the order was being reviewed under an
Several media outlets indicate that the US government is considering regulate cryptocurrencies like bitcoin. This week, US President Joe Biden is expected to sign an executive order outlining the federal government's digital asset policy.A central bank digital currency (CBDC) research and a government plan to control digital assets are expected to be directed by the presidential order issued this week by crypto regulation U
As of February 13, 2022, according to data, the average transaction cost on the Ethereum gas fees has plummeted to its lowest level in four months, marking the lowest level in four months. The last time eth gas costs on Ethereum were this low was in mid-September 2021, and since then, the average rate has dropped to around $15.13 per transfer.The fees for Ethereum are decreasing.Compared to the middle of January 2022, when
Cryptocurrency is the most significant turnaround of the 21 st century. Everybody wants to be a part of it. Crypto mining is the start to all of it. Over the past year, electricity suppliers in the Russian province of Irkutsk have witnessed a massive surge in power usage. The residents are blaming crypto mining companies. The power consumption has increased fourfold. The planes carrying crypto mining equipment from China
Nirmala Sitharaman, India's finance minister, declared on February 1st a 30% crypto tax on any income derived from the transfer of virtual digital assets, indicating that no deductions or exemptions will be permitted. This is a significant step for taxes on crypto that is thought to have placed cryptocurrencies and Non-Fungible Token (NFT) within the tax net.In addition to a 1% Tax Deducted Source (TDS) on payments for the
If you're a cryptocurrency investor, you've probably heard a lot about staking. Staking crypto confirms transactions in numerous cryptocurrencies while also allowing users to earn rewards for their investments.What is cryptocurrency staking, though? Staking crypto is the process of pledging your crypto assets to a blockchain network to support it and confirm the transactions.Staking is compatible with cryptocurrencies tha
During the year 2021, the blockchain gaming sector saw a massive boom. Blockchain games have the potential to revolutionize the gaming business by providing players with a way to make money as they play their favorite games.These are the top blockchain games that can provide a rewarding gaming experience while also providing the greatest prospects for players to make money. The following is a list of the greatest crypto games
Over the years, we have experienced evolution, which emphasizes automation as a means of increasing productivity. Just as automation is sweeping across various industries, it has become important in investment markets. Apparently, the emphatic impact of automated trading systems on profitability and portfolio diversity has made them even more popular in the crypto market.
In today’s market, we have several types of automate
Automated trading is steadily becoming the norm in the crypto market as traders continue to devise new ways to maximize profits. In this guide, we will highlight the pros and cons of automated trading in the crypto market as well as the features of the VCT’s auto trading system.
What Is Automated Trading?
As defined by Investopedia, “Automated trading systems refer to mechanical trading systems, algorithmic trading, au
Creating a smart and worry-free platform for traders to maximize profit is our goal at VCT, as such we have always provided innovative solutions for our clients. This is evident in all our services and plans that allow our members to take advantage of the profit-making opportunities available in the crypto market. As you know, we currently have four major subscription plans which include Gold and the Silver plan. Each is a uni
In this article, we take a look at FOMO, how it relates to crypto trading and ways to effectively take advantage of it.
What Is FOMO?
Fear of missing out which is stylized as FOMO is the anxiety generated when people feel like they are not partaking in a rewarding experience others seems to be enjoying. In other words, it is the state of apprehension that is primarily fueled by feeling left out in a trend that seems to be qu
Choosing cryptocurrency to invest in can be hard, especially as the market change so quickly. Lately, we’ve seen a major drop over the whole crypto space. Is now a good time to get into Litecoin?
What Is Litecoin?
Litecoin was introduced by Charlie Lee in 2011 and it has become one of the top and consistent cryptocurrencies ever since. The coin, which is hardfork of bitcoin, functions as a peer to peer medium for transacti
Is day trading cryptocurrency right for you? Find out if you should trade altcoins and if so, how to start trading cryptocurrencies?
A venture capitalist recently argued that the crypto market is a reservoir of opportunities. As such, there are people who have dedicated a large chunk of their time and funds to investing in cryptocurrencies. Unlike, long-term traders, they monitor and track every market trend in order to capit
Bitcoin, the world's first and most well-known cryptocurrency, has seen a tremendous surge in popularity in recent years. With more and more people looking to invest in Bitcoin, various investment options have emerged, including Bitcoin ETF.
In this article, we will explore everything you need to know about Bitcoin ETF. We will discuss what Bitcoin ETF is, how it works, and the benefits and drawbacks of investin