The news of BlockFi bankruptcy has been circulating in the crypto industry for quite some days. People have been saying that BlockFi, a crypto lender, has gone penniless and that it had to file for Chapter 11 similar to FTX. On the 10th of November, when people were already discussing …
Read More »Crypto Market Sell-offs Might Increase Further: IMF
The crypto market has been seeing a bullish performance for three consecutive days now after several crypto crash sessions. The crypto behemoths, Bitcoin (BTC) and Ethereum (ETH) have been pushing beyond the critical resistance levels currently. Better clarity on the market conditions will be ascertained if BTC closes the daily …
Read More »Winamp Supports NFT After Getting Into The Web3
Winamp, one of the most popular PC-supported media players, has added support for music NFTs. The company has also fixed some existing bugs and added the features in a whole new way. The new features are likely to permit its users to play audio files that are embedded in their …
Read More »Binance CEO Predicts Bitcoin Adoption To Increase
Changpeng Zhao, the CEO of Binance, a major crypto exchange in the world, certainly is bullish about the crypto market’s future. CZ smashed all bearish outlooks of the crypto space through his statement in a CNBC interview. The prominent thing to be noted in his interview is that CZ was …
Read More »GameStop To Drop Crypto Initiatives Now After Significant Loss
GameStop, the gaming giant has withdrawn itself from crypto initiatives after facing a huge loss. The company suffered a net loss of $94.7 million in the third quarter (Q3). However, it seems that it will continue to move forward with NFT and blockchain technology plans. GameStop Crypto Decline: The Announcement …
Read More »Amazon To Accept Crypto? Important Things You Need To Know
Amazon to accept crypto soon. Amazon may soon allow its customers to make payments in digital currencies like Bitcoin, as the e-commerce giant is recruiting a blockchain and cryptocurrency product lead for its payment sector. As per the latest Amazon cryptocurrency announcement, Amazon’s “Payment Acceptance and Experience” team is “Seeking …
Read More »Crypto Trading Taxes: Important News On Indian Cryptocurrency Market
Changing its view on digital currencies, the Indian government may soon enable their usage as an asset class in India. This implies that the people in India may be permitted to purchase or sell digital currencies like gold, shares, or bonds. To make sure there is a safe space for …
Read More »Kosovo Bans Crypto Mining To Stop The Electricity Crisis Immediately
On Tuesday 04.01.2022, Kosovo bans crypto mining in an effort to reduce the usage of electricity as the nation suffers from the worst energy crisis in a decade because of the electricity disruption. Kosovo Bans Crypto Mining Activities Because of the electricity shortage during the winter season, the Kosovo government …
Read More »Biden Executive Order: How Far Will It Be Helpful?
The U.S President Joe Biden on 09.03.2022 signed an executive order calling on his government to evaluate the benefits and risks of using digital currency. To many, these orders were not clear and so today we will be having a clear look at the Biden executive order. So here are …
Read More »India Accepts Own Crypto: Important Declaration By The Government
With the growing popularity of digital currencies, many nations have put a ban on their usage. This is because the volatile nature of cryptocurrencies takes the governments into a state of tension. But the technical ease that digital currency has brought can not be replaced. So it has been decided …
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