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Regulation
The Parliament of India Discusses Crypto Regulations & Exchange Investigations
The Indian government has been in constant progress in regulating cryptocurrency. That follows the alarming rate of acceptance by the citizens. But on the other hand, regulation of these assets demands international cooperation to improve their efficiency and effectiveness. Because crypto assets are decentralized, this requires global assistance to avoid illegitimate investment. The enforcement agency,…
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Ethereum (ETH)
How to Stake ETH? Complete Guide on Ethereum Staking
Indeed, crypto staking is among the effective ways to supplement your income with passive earnings. Let us dive into the unexplored world of staking Ethereum. Are you ready? What’s Ethereum Staking? First and foremost, what’s ETH staking? Or what does it mean by staking Ethereum? These are among the common questions on cryptocurrency forums nowadays.…
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Regulation
Minnesota Representative Says SEC Chair Must Appear Before Congress to Address Its Concerns
On Sunday, Minnesota Representative Tom Emmer called out Securities and Exchange Commission(SEC) Chair Gary Gensler, demanding that he addresses Congress about his approach to regulating crypto. Emmer believes SEC’s failure to gather information needed from crypto firms will continue to cause disasters like the recent FTX exchange collapse. Emmer claims that the SEC has not…
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Scams
SBF Denies He Attempted to Make USDT & UST Lose Their Pegs to the Dollar
Former FTX CEO Sam Bankman-Fried has ignored several allegations since stepping down from his position. However, he came out on Friday to deny claims that he targeted Tether and Terra stablecoins. On his Twitter account, Bankman-Fried acknowledged making many mistakes this year, but he says this allegation was not one of them. The Bankman-Fried statement…
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Regulation
FTC Could Slow Down Microsoft’s Metaverse Ambitions Following Activision Lawsuit
On November 8th, 2022, the Federal Trade Commission(FTC) filed a lawsuit to block Microsoft from buying Activision Blizzard, developers behind Overwatch franchises, and Call of Duty. FTC claims that if the deal succeeded, it would give Microsoft an unfair advantage over its rivals in the industry, thus creating a monopoly. Director of the FTC’s Bureau…
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Price Analysis
IMPT ICO Raises Over $15 Million With Only Four Days Left Before Presale Ends
Carbon-offsetting platform IMPT sets its token listing price at $0.025, 9% above the final presale price. The news comes four days before the fundraising for the project ends. In just two months, IMPT raised over $15 million, with $300,000 of this amount raised in the past 24 hours. IMPT CEO Denis Creighton wrote on the…
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Ripple (XRP)
Ripple (XRP) Price Forecast – Should You Buy the Dip as Bears Struggle?
While writing these lines, XRP consolidated beyond $0.375 & $0.380 against the USD. The cross-border transactions coin trades near $0.388 and the 4-hr 100 SMA. XRP/USD 4hr chart shows a contracting triangle developing with support at $0.382. Clearing the resistance region at $0.400 might welcome a massive increase. Ripple consolidates beyond the support zone of…
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Regulation
Exchange Nexo to Quit US, Citing Regulatory Barriers
Nexo is among the leading cryptocurrency lending platforms within the digital finance sector. Meanwhile, a Tuesday report from news outlets such as Reuters revealed plans to suspend its United States services after regulators fumbled in debates meant to ensure a clear road for blockchain businesses. The 2018-found Swiss cryptocurrency lender expressed disappointment following participation in…
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Price Analysis
Despite Its Growth, AAVE Remains Behind This Rival on This Metric
Aave outshines MakerDAO in new users but trailed in volume. AAVE’s collect revenue and TVL continued to dip despite the alt showcasing growth over the past year. New Dune analytics data indicated that Aave presented substantial growth within the past few quarters. That came as the alternative asset saw increased users. Nevertheless, the protocol could…
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Price Analysis
Crypto Market Today Highlights – 2 December
The top ten digital coins saw a bearish Thursday, with DOGE leading the downside. Softer US inflation numbers could not propel bullish actions, with market players locking in returns from two optimistic sessions. The cryptocurrency market cap closed the day near $810.7 billion, following a $10.2 billion drop. The leading cryptocurrencies suffered bearishness yesterday. Meanwhile,…
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