Russia Gears Up to Regulate NFTs Through Legislative Amendments – Regulation Bitcoin News

Authorities in Russia are preparing a number of changes to existing laws in order to adopt rules for the country’s market for non-fungible tokens, or NFTs. A working group has discussed the matter and proposed solutions to legally define and regulate transactions with the digital collectibles. Economy Ministry Takes Initiative to Regulate NFTs in Russia … Read more

The battle between crypto bulls and bears shows hope for the future

The blockchain space is seeing some areas of strength despite the perceived downturn in the market. The perpetual futures funding rates for Bitcoin (BTC) and Ether (ETH) have flipped back to positive on major exchanges, which shows bullish sentiment among derivatives traders. In addition, Bitcoin started trading below its cost basis, which has marked previous … Read more

Demand for widely used euro stablecoin is huge, says DeFi expert

The market capitalization of Tether (USDT), a United States dollar-pegged stablecoin, is currently over $65 billion. USD Coin (USDC), another stablecoin backed by the U.S. dollar, clocks in near $55 billion. Some reports estimate that the total market cap of dollar-backed stablecoins is over $160 billion. Despite this success of dollar-based stablecoins, there has not … Read more

Bitcoin, Ethereum Technical Analysis: BTC, ETH Both Hit Fresh 1-Month Highs, as Bullish Pressure Intensifies – Market Updates Bitcoin News

Bitcoin prices surged on hump day, as the token climbed towards the $24,000 level in today’s trading session. The move came as bullish pressure intensified, following several days of recent gains. Ethereum also remained higher, once again climbing above $1,600. Bitcoin Bitcoin (BTC) extended its recent gains on Wednesday, as prices rose towards the $24,000 … Read more

Bitcoin, Ethereum Technical Analysis: ETH Remains Below $1,100 Despite Prices Rebounding on Wednesday – Market Updates Bitcoin News

Despite prices rallying in today’s session, bitcoin continued to trade below $20,000 on Wednesday following recent declines. Although ETH was also marginally higher, its price was once again trading under $1,100. Overall, crypto markets were nearly 1% higher as of writing. Bitcoin Bitcoin was trading slightly higher on Wednesday, however prices of the token are … Read more

The search term ‘Bitcoin Crash’ is trending — Here’s why

Last year, the word “crypto” was trending all over the internet as the crypto market was generally flourishing.  However, now it appears that the good fortunes of digital coins havee waned as cryptos have slipped into a serious bear market. Bloomberg recently reported that while the short-term investors wasted no time in dumping their holdings, … Read more

Bear market delivery! Ohio guy rejoins DoorDash to buy more Bitcoin

What did you do in the 2022 bear market, anon? For one Bitcoiner, the opportunity to take on a second job to “stack sats” (buy more Bitcoin (BTC)), was too great. Isaiah, the founder of the Cleveland Bitcoin Meetup, is delivering food to Ohio residents to earn cash on the side. Isaiah told Cointelegraph “I … Read more

Bitcoin, Ethereum Technical Analysis: BTC Hovers Slightly Above $20,000, as Crypto Volatility Continues – Market Updates Bitcoin News

BTC was trading higher on hump day, as bullish momentum picked up as the week progressed. Prices once again tested a key resistance level above $20,000, with ETH also hovering around a ceiling of its own during Wednesday’s session. Bitcoin Bitcoin was trading in the green for most of Wednesday’s session, as bullish pressure continued … Read more

Leaked Personal Data of 1 Billion Chinese Citizens on Sale for 10 Bitcoins — Hacker Claims Stolen From Shanghai Police – Security Bitcoin News

A hacker claims to have stolen the personal data of a billion Chinese citizens from the Shanghai National Police (SHGA) and is selling it for 10 bitcoins. “This database contains many TB of data and information on billions of Chinese citizens.” 23 Terabytes of Data on a Billion Chinese Citizens on Sale for 10 Bitcoins … Read more

High-ranking crime fighter to join UK’s FCA as payments and digital assets director

UK regulator the Financial Conduct Authority (FCA) has recruited almost 500 additional staff members this year as part of its new three-year strategy. Among the new hires are six directors, whose appointments were announced July 5. Two of them come from backgrounds in policing. Director of payments and digital assets is newly created position that … Read more