Jirayut Srupsrisopa, the chief executive of Bitkub, announced that the exchange could help Thailand in multiplying its Gross Domestic Product (GDP) by a whopping six times if it decides to embrace the cryptocurrency sector. The CEO of the home-grown exchange stated that it was high time for authorities in Thailand to shift their focus on…
While there is no denying that the entire cryptocurrency space has been booming in 2021, two of the coins that have made significant gains are none other than Dogecoin and Shiba Inu, which are also referred to as meme coins. These are currently being ranked as two of the top cryptocurrencies in the market and…
Bitcoin mining firm named Griid Infrastructure announced on Monday that a $525 million credit facility had been secured by the company from the crypto company Blockchain.com. The announcement dictated that this credit facility would be available for four years and would help the company in expanding its mining capacity. During the course of this year,…
Canadian Police have arrested a teen whom it alleges is a thief who has stolen more than US$ 36 Million in cryptocurrencies. Police also said that it is by far the biggest stealing of crypto funds by a person single-handedly without seeking crime assistance from anyone. Police also alleged that the arrested teen was involved…
The ETH competitor and layer1 token AVAX make headlines despite the latest market-wide correction. The alternative coin touched its ATH of $146 late on Sunday, 21 November. With that, Avalanche (AVAX) overtook Shiba Inu and Dogecoin to enter the top 10 cryptocurrency list. While writing these updates, AVAX hovers around the $136 mark, with its…
According to the announcement by the US Department of Justice, the UK and the US governments have committed to increase their focus on the illicit use of ransomware and crypto. The FBI disclosed that high prices of cryptocurrencies had made ransomware extremely lucrative for the criminal element. On Friday, the US Department of Justice (DOJ)…
Indeed, Dogecoin (DOGE) has seen woeful sessions in a far as November is concerned. Total market retracements have eroded the meme coin’s value gradually over the past 20 days. That had DOGE declining by 26%. For now, the candlesticks remain under their daily 200, 50, and 20 SMA line and encounter short-selling’s impact. Though a…
There is no shortage of questions when it comes to the matter of crypto trading. One of the reasons behind it is that crypto trading is a vast field and there are plenty of working mechanisms in it. Understanding all of the nuances and intricacies present in the crypto trading landscape is vital in order…
An illegal crypto extraction farm was identified by the law enforcement agencies in northern areas of Kyrgyzstan. Officials from the enforcement agencies proceeded to shut down the mining facility at the spot and took more than 2500 mining rigs into their possession. The relevant authority in the area suggested that the mining facility cause huge…
Contrary to popular belief, crypto trading is not as stable as many people make it out to be. As a matter of fact, it is full of highs and lows. It would even be fair to say that these ups and downs have been there ever since the crypto world began. For those who are…
There is hardly anything missed by Cryptowisser when it comes to describing what is happening in the global crypto industry. This online website usually, on its own or at the request of others, carries out crypto market analysis and comparative studies on crypto. The website has recently carried out a thorough survey to find out…
Ever since crypto trading has started, there has been an assumption that crypto coins are always steady and do not have any kind of volatility. However, this could not be any further from the truth as there are quite a lot of currencies that tend to be quite volatile. Sometimes the profits that they have…
After a week-long dip, the overall cryptocurrency industry has finally started making a comeback. This is where cryptocurrencies such as Axie Infinity, TRON, Internet Computer, and more are demonstrating positive growth in the past 24-hours. In the past 24-hours, Axie Infinity (AXS) has reportedly gained a 0.77% increase in terms of its price. After the…
One of the things that people fear the most in crypto trading is a loss. Believe it or not, it is a major reason why a large number of people refrain from entering the crypto world. There have been plenty of cases where people invested a monumental amount of money in the crypto world, only…
A bunch of South African crypto investors, who had chosen to invest in the Fight to Fame (F2F token), have expressed their concerns regarding its fate. This was after they were unable to make a withdrawal of their funds, despite being promised. According to a report, a former regional leader of the governing party in…
Though crypto has witnessed increased interest from financial services companies and various investors, it has one challenge. You can hardly spend these digital coins like regular money. However, the industry promises upcoming services that might help individuals utilize virtual currencies like Bitcoin in various ways when handling day-to-day financial activities. Here is how you can…
While it is abundantly clear that crypto trading has been on the rise for many years, it is clear as day that there have been some issues that a large number of people have had a problem with. One of the most prominent problems that many crypto traders have faced over the years is that…
Crypto trading has been incredibly lucrative for most people who have made investments in it. Sure, there have been instance where the profits were not according to what investors desired, but that happens in other fields as well. Needless to say, there has been an impressive paradigm shift in the crypto trading world and it…
Muslim clerics from different schools of thoughts gathered together in Indonesia to see the status of crypto under Islamic principles. The clerics and scholars were from the highest Muslim institution of Indonesia called the “National Ulema Council”. The word “Ulema” means “clerics and/or scholars”. Indonesia being a Muslim majority country, somewhat relies on the Council…
The advent of crypto has provided worldwide Governments a new industry which they can tax. Similarly, the Austrian Government has come up with a proposal in which it would be treating “virtual assets” as the like of “stocks” for the purposes of imposition of tax upon virtual assets. Eventually, tax will be collected over gains…
