A Chain Of Pharmacies In Ukraine Starts Accepting Digital Currency Payments

Ukrainian Crypto Industry’s Rapid Growth Prior to Russia waging war against Ukraine, the latter was amongst the top countries where the crypto industry was expanding very rapidly. Despite the ongoing war, and despite various Ukrainian lands occupied by Russia, the crypto industry’s growth in the country hasn’t declined or reduced. In fact, Ukraine started to…

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How President Bukele Sees Bitcoin Future In El Salvador

El Salvador’s Bitcoin One cannot remove Bitcoin enthusiasm from Nayyib Bukele, President of the world’s first country to adopt Bitcoin as a local currency i.e. El Salvador. Under the direct supervision of the El Salvadoran President, Bitcoin was legally recognized as a national currency through a legislature. The initiative was taken in 2021 and since…

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Ethereum Moves Toward Consolidation But ETH Bulls Are Still Positive

In recent trading sessions, both Bitcoin and Ethereum have demonstrated somewhat similar trends. This is because just like Bitcoin, the price of Ethereum has recorded a consolidation. ETH Price has consolidated The data shows that in the recent trading sessions, the trading price of ETH has consolidated. The price of ETH had been surging higher…

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Cryptocurrency Mining Firms in Iran Get their Mining Equipment Back from Authorities

One of the local newspaper agencies in Iran has recently published an update about the cryptocurrency mining industry. According to the report published by the agency, the cryptocurrency mining firms in Iran will be getting their mining equipment back. OCSSOP Ordered to Returned the Mining Equipment The latest reports suggest that the cryptocurrency mining firms…

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Solana Declines Another 16% To Drop Out Of Top 20 Rankings

Things seem to be getting worse for the so-called ‘Ethereum Killer’, as data from CoinGecko showed that Solana lost another 17% within a 24-hour duration, extending previous declines. Due to these continuous declines, the coin of the layer-1 blockchain platform has dropped out of the top 20 crypto in the market according to their market…

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An Analysis of How Crypto Industry Is Ending 2022

Global Crypto Economy Shrinkage Up To $1.5 Trillion About a year ago now, the crypto economy could easily be evaluated at a whooping value of $2.334 Trillion. However, from 20th December 2021 till 20th December 2022, the economy lost roughly $1.5 Trillion. Today, the global crypto economy is resting at a value which is less…

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Bitcoin’s Future Price Projection: Will It Go Below $14K?

Last week crypto market slid and resultantly Bitcoin lost entire gains and above all its value declined. It is expected that the price may decline further because there is a negative impact stemming from the global outlook. Global Market Conditions Worsening Bitcoin’s value decline came when central bank officials made statements of continuing strict economic…

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Russian Interior Ministry Adopts Tools For Identifying Digital Wallets Held By Citizens

Interior Ministry Granted Access to Crypto Data MVD which is the Russian Federal Ministry of Interior has been provided with access to the ‘Personal Account of a Law Enforcement Agency’. The portal is a ‘digital platform’ of the Ministry that has been authorized to access for fetching information of crypto wallet holders. Local news agency…

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Russian Central Bank Carves Out A Plan To Save Crypto Entities From West Sanctions

Russian Safeguards for Crypto Companies Since the beginning of the war between Russia and Ukraine, the West has been active in placing several sanctions on Russia. On one hand, sanctions have limited Russia’s representation at a global level while on the other seriously affected its economy. The aim of sanctions is to weaken Russia’s financial…

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Lead Crypto Coins Trade Higher Post Publication Of US Fed Reserve Data

Against all odds, and contrary to what the majority predicted, the crypto industry continues to slowly move upward while keeping intact recent-past gains. Momentum seems to be prolonging in crypto markets which is ultimately keeping intact the bullish sentiment. Slow but Steady Bitcoin Moving Upward On Wednesday, 14th December, the trading day ended at a…

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Binance’s BNB Miserably Fails In Making Any Gains Past Week

FTX Infection Paves Way for Criticism against Binance After FTX was forced to face bankruptcy proceedings, Binance has been overwhelmed with a number of uncertainties, doubts, and unnecessary speculation. Peculiarities are stemming out of FTX’s downfall which subsequently paved way for rumors that Binance also is under investigation by US regulators. Reuters’ 12th December publication…

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Globally Famed YES World Utility Token Achieves Crucial Milestone Of Skyrocketing Transaction Volume

Multi-Purpose Utility Token YES WORLD, which is widely known as a weather technician startup on the blockchain, successfully achieved a crucial milestone. Milestone accomplishment was duly noted in the press release which revealed that the project executed record-breaking transactions of YES WORLD Token namely $YES. The official press release of YES WORLD suggested that approximately…

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Bybit Crypto Exchange Modifies User Policies Affecting Access And Withdrawals

User Restrictions Bybit, a globally renowned crypto trading platform, has recently overhauled its policies, particularly with regard to catering to global policies such as KYC. In this connection, Bybit made several changes in its policy concerning users, their access, and rights. The amendments made in Bybit policies show that some restrictions have been put in…

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After Complaints on Twitter, Binance Immediately Bans Three Investors

After the demise of the FTX, the third biggest cryptocurrency exchange, Binance adopted strict regulatory provisions to govern the investors. Moreover, the top management of Binance also exercises zero-tolerance behavior towards the accounts involved in illegal, unethical, and misleading trading activities. As a result of this current tilt in the policy Binance, the world’s biggest…

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