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” Crypto.com gives users in excluded countries one week to repay loans “ Crypto.com is reportedly giving users from countries restricted from its loan program until March 15 to repay their crypto loans. The firm updated the list of restricted countries to include the United States, the United Kingdom and 38 others. Users from European nations…
” Bitcoin’s sub-$40K range trading and mixed data reflect traders’ uncertainty “ The phrase “hindsight is 20/20” is a perfect expression for financial markets because every price chart pattern and analysis is obvious after the movement has occurred. For example, traders playing the Feb. 28 pump that took Bitcoin (BTC) above $43,000 should have known…
” Thailand reportedly exempts 7% crypto tax for traders on authorized exchanges “ The finance ministry of Thailand has reportedly eased up crypto tax regulations to promote investment in the digital asset market. The changes to the tax regulations come just a few weeks after the government scrapped its early plans of introducing a 15%…
” Swiss crypto bank Sygnum secures in-principal approval in Singapore “ Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, is expanding services after securing new regulatory approval from local authorities. The company announced Tuesday that Sygnum Singapore received in-principle approval from the Monetary Authority of Singapore (MAS) to offer three additional regulated activities under…
” BRISE token soars to new highs after the official launch of BitGert Chain “ The cryptocurrency ecosystem as a whole has taken a back seat to events in the larger world but this is not stopping developers from building. One project that has recently begun to gain traction thanks to its focus on creating…
” Binance to focus on crypto payments with new subsidiary Bifinity “ Binance, the world’s largest cryptocurrency exchange by trading volumes, is moving to boost its fiat-to-crypto payments technology by launching its own crypto payment provider. The crypto exchange officially announced on Monday the launch of Bifinity, Binance’s official fiat-to-crypto payment company to connect crypto…
” Solana TVL and price drop 50%+ from ATH, but gaming DApps could turn the tables “ 2022 has not been a good start for cryptocurrencies and to date, the total market capitalization has dropped by 21% to $1.77 trillion. Solana’s (SOL) correction has been even more brutal, presenting a 48.5% correction year-to-date. Solana (blue)…
” Impermanent loss challenges the claim that DeFi is the ‘future of France’ “ Impermanent loss is one of the most recognized risks that investors have to contend with when providing liquidity to an automated market maker (AMM) in the decentralized finance (DeFi) sector. Although it is not an actual loss incurred from the liquidity…
” Altcoin Roundup: JunoSwap, Solidly and VVS Finance give DeFi a much-needed refresh “ Decentralized finance (DeFi) was the talk of the town in early 2021, but it has since taken a back seat to more appealing sectors like nonfungible tokens (NFTs), memecoins and blockchain gaming. Now that cross-chain bridges and interoperability have allowed for…
” Price analysis 3/4: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE “ The equity markets in Europe and the United States are seeing a sea of red as traders continue to sell risky assets due to the geopolitical situation. Bitcoin (BTC) and several major cryptocurrencies are also witnessing profit-booking after the recent…