Seychelles-based crypto exchange OKX has signaled its intention to expand its crypto services to Australia, a country it believes is primed to take on the next wave of crypto adoption. The trading platform explained in a March 29 statement that Australia would be a key growth market for the firm moving forward. The firm states
The price of Bitcoin (BTC) briefly tipped over $29,000 on March 30, recording a new high for the 2023 year, despite recent United States regulatory crackdowns on crypto firms and related uncertainty. According to Cointelegraph Markets Pro, the price of Bitcoin reached $29,132.82 on March 30, reaching levels seen just before the collapse of cryptocurrency
A new bill has been introduced to the Australian Parliament proposing regulations for providing cryptocurrency services in the country. Senator Andrew Bragg submitted a private senators’ bill titled Digital Assets (Market Regulation) Bill 2023 to “protect consumers and promote investors,” which includes regulatory recommendations for stablecoins, licensing of exchanges and custody requirements. Proposed regulatory changes
Unlike AI applications such as Chatgpt, cryptocurrencies do not bring “anything useful,” a top executive of U.S. chip maker Nvidia is convinced. The comment comes despite his company making significant sales in the space where its powerful processors are widely used to mint digital coins. Developing Chatbots More Worthwhile Than Crypto Mining, Nvidia Exec Claims
On-chain data shows XRP profit taking has surged to its highest level since August 2021 as the price has climbed another 17% in the last 24 hours. XRP Profit-Taking Volume Is Currently More Than Two Times The Loss-Taking Volume According to data from the on-chain analytics firm Santiment, a large amount of profit taking is
There are still industry executives that remain hopeful the United States will develop laws to treat crypto fairly, however, an advisory to the Crypto Council for Innovation warns it will take “a lot of work.” Speaking to Cointelegraph on March 29 at the World of Web3 (WOW) Summit in Hong Kong, Crypto Council for Innovation
An unknown person or group may be collecting the IP addresses of Bitcoin (BTC) users and linking them to their BTC addresses, violating the privacy of these users, according to a blog post from pseudonymous Bitcoin app developer 0xB10C. The entity has been active since March 2018, and its IP addresses have shown up on
Shrapnel: The game at GDC everyone’s talking about As the annual Game Developers Conference in San Francisco came to a close last week, there was one game that stood out from the rest. Shrapnel, a highly anticipated first-person shooter in the Web3 space, was the talk of the conference thanks to its stunning graphics and
press release PRESS RELEASE. Volt Inu, the innovative crypto project and leading decentralized exchange (DEX) platform, announced a significant partnership with OKX, one of the top exchanges in the crypto industry, on March 27, 2023. Volt Inu’s Twitter announcement revealed that the two companies would be teaming up to leverage their respective Web3 capabilities. As
For the past twelve days, the price of Ether (ETH) has been trading in a narrow descending range. Surprisingly, not even the news of Binance and Changpeng “CZ” Zhao being sued by the Commodity Futures Trading Commission (CFTC) was enough to break the support level. Ether (ETH) price index in USD, 12-hour. Source: TradingView The
The Arbitrum token airdrop led to a massive dump of ARB tokens and projects in the Arbitrum ecosystem in a “sell-the-news” type of event. However, the Ethereum Layer-2 activity remains strong, with the selling pressure of ARB tokens likely done with, making the rollup well-positioned for further growth. Arbitrum ecosystem tokens sees sell-the-news type event
The RESTRICT Act, a bipartisan bill introduced earlier this month into the United States Senate, could be applied in broad and unexpected ways, including to threaten crypto, should it become law, think tank Coin Center warned in its blog. The bill, formally known as the ‘‘Restricting the Emergence of Security Threats that Risk Information and
Bitcoin (BTC) is up about 71% in Q1 2023, which is the first positive quarter after four consecutive quarters of negative returns in 2023, according to data from Coinglass. This shows that the sentiment has turned positive and the bulls are trying to put a bottom in Bitcoin. When the undercurrent is bullish, negative news
Bitcoin mining stocks had a dull performance in March, with small moves here and there that followed BTC’s price movement. While it is encouraging to see that most stocks held onto their impressive January gains, Bitcoin’s price action will be crucial for the short-to-medium-term performance of these stocks. Additionally, the expansion of the public Bitcoin
Name: Wendy O Anonymous: No Twitter followers: 330,000Known for: crypto commentary, shitposting, trading analysis and community initiatives Who is Crypto Wendy anyway? Wendy is a former healthcare professional turned crypto trader and content creator, or what she describes as a “YouTube shock jock.” While the switch from health to crypto came about due to a number of
According to current statistics, the Bitcoin network is fewer than 56,000 blocks away and less than 400 days away from the next reward halving. After the next halving, the block reward will be reduced by 50%, and the current block subsidy of 6.25 bitcoins will drop to 3.125 bitcoins per block post-halving. In addition to
