Browsing: CoinTelegraph

tax-revenue-from-cryptocurrency-mining-modest-but-growing-in-kyrgyzstan

Kyrgyzstan’s untapped hydroelectric capacity could make it a future mining powerhouse, but its progress has been slow. The government of Kyrgyzstan collected 78.6 million soms (almost $883,000) in taxes from cryptocurrency miners in the first 11 months of 2023, according to local press reports citing the Finance Ministry. That was a dramatic rise over last

5-times-crypto-appeared-in-pop-culture-in-2023

From balloons in a Thanksgiving Day parade to an entire episode of Futurama — even after a crypto market downturn, digital assets made their way into different parts of pop culture. Society is past when even mentioning Bitcoin or Ethereum on a streaming series would make the news. Still, it’s good to look back on

bitcoin-price-breaks-above-$45k,-days-ahead-of-potential-etf-approval

Bitcoin is trading above $45,000 for the first time in nearly two years as the market gears up for the potential approval of the first spot Bitcoin ETF in the United States. 16116 Total views 17 Total shares The price of Bitcoin (BTC) has broken through $45,000 for the first time in nearly two years

crypto-betting-firm-stake-secures-naming-rights-to-sauber’s-f1-team

Sauber has been rebranded as Stake F1 Team after the crypto betting and casino platform secured naming rights for 2024 and 2025. 156 Total views 1 Total shares Cryptocurrency betting and casino platform Stake will feature prominently in the next two years of Formula 1 after securing naming rights to Sauber’s F1 car. The firm

less-than-50%-of-hong-kong-retail-crypto-investors-aware-of-relevant-regulations:-survey

Hong Kong has allowed retail crypto trading since June. Just 47% of retail crypto investors in Hong Kong are aware of the Virtual Asset Trading Platform Regulatory Regime, a legislation which went into effect this June to protect the interest of retail investors in digital assets in the region.That’s according to an October 11 report

ripple-cto-seeks-community-consensus-for-xrpl-amm-feature-adoption

David Schwartz stated that the changes could be implemented in as little as two weeks if a majority supports the amendment. Ripple chief technology officer David Schwartz has advocated for XRP Ledger (XRPL) validators to support an automated market maker (AMM) feature, but only if there is consensus within the community.On X (formerly Twitter), Schwartz

bitcoin-due-new-local-low?-watch-these-btc-price-levels-as-$28k-rejects

Bitcoin bulls struggle to top their highs from the start of the week, while BTC price forecasts diverge over what could be next. Bitcoin (BTC) rejected at $28,000 after the Oct. 5 Wall Street open as a return toward six-week highs failed.BTC/USD 1-hour chart. Source: TradingViewBitcoin sees swift comedown after new $28,000 retestData from Cointelegraph

parliamentary-committee-calls-for-shutdown-of-worldcoin-in-kenya

The committee’s recommendations included having the Kenyan government consider implementing a comprehensive framework for digital assets and virtual asset service providers. A parliamentary committee in Kenya’s government tasked with investigating Worldcoin has recommended that regulators shut down the project’s operations in the country.According to a report released on Sept. 30 by Kenya’s parliament, Worldcoin has

valkyrie-backtracks-on-ether-futures-contract-purchases-until-etf-launch

Bloomberg analyst Eric Balchunas speculated the SEC may have applied pressure on Valkyrie to halt purchases of ETH futures contracts until the ETF was officially approved. Asset management firm Valkyrie has said it will hold out for the United States Securities and Exchange Commission (SEC) to approve an exchange-traded fund, or ETF, with exposure to

kraken-secures-money-license-registrations-in-spain-and-ireland

The move follows the crypto exchange’s successful VASP registration in Italy. Cryptocurrency exchange Kraken has received an Electronic Money Institution (EMI) from the Central Bank of Ireland and registration as a virtual asset service provider (VASP) from the Bank of Spain.According to the Sept. 26 announcement, the EMI license enables Kraken to expand euro-to-crypto trading

what-are-bollinger-bands,-and-how-to-use-them-in-crypto-trading?

Bollinger Bands are volatility indicators utilizing price bands. Traders buy near the lower band and sell near the upper band. A technical analysis tool called Bollinger Bands uses price volatility to provide probable entry and exit opportunities in trading. They are made up of two outer bands or lines and a centerline (the simple moving

discord-crypto-trading-bot-shuts-down-after-‘critical-exploit’

The bot was valued at $16.5 million during its token debut last month. None Trading, a trading tool for cryptocurrencies and nonfungible tokens built on Discord, has shut down due to a “critical exploit” within its infrastructure.According to the September 20 announcement, None Trading developers said that it has “lost a significant amount of funding”

how-low-can-the-bitcoin-price-go?

BTC price can see lower prices in the coming months, based on three bearish technical setups currently in play. Bitcoin (BTC) price continues to tread at depressed levels in what has become one of the crypto market’s quietest periods in history. Meanwhile, several technical and fractal setups suggest that the BTC/USD pair could drop to as

web3-gamer:-pubg-devs’-web3-project,-animoca’s-$20m-raise,-shardbound-review

The company behind PUBG announces a new Web3 platform, monetization in Web3 and more. PUBG meets CosmosKrafton, the company behind PlayerUnknowns Battlegrounds (PUBG), is venturing into Web3 with Settlus, a Cosmos-based blockchain project specifically designed for the creator economy. Settlus aims to provide content creators with a payment platform that streamlines transparent settlement processes.The South

thai-authorities-arrest-five-in-3,200-victim,-$27m-crypto-scam

Victims lost over $27 million worth of Thai bhat after investing in a fraudulent cryptocurrency investment platform. Authorities in Thailand arrested five foreign nationals linked with a fraudulent cryptocurrency investment platform that fleeced over $27 million from local investors.According to an initial report from the Bangkok Post, Thailand’s Cyber Crime Investigation (CCIB) Bureau arrested four