administrator – Page 3 – WORLD CRYPTO BUSINESS

European Union to Put a 10,000-Euro Limit on Cash Payments; Transactions Over €1,000 in Crypto Will Be Scrutinized

[ad_1] The states of the European Union have convened to establish a new limit on cash purchases and to strengthen the controls on cryptocurrency transactions. On Nov. 6 the bloc agreed to... Read more »

Data shows the Bitcoin mining bear market has a ways to go

[ad_1] Bitcoin (BTC) mining is the backbone of the BTC ecosystem and miners’ returns also provide insight into BTC’s price movements and the health of the wider crypto sector. It is well-documented... Read more »

Kenya-Based Bitcoin Mining Company Raises $2 Million in Seed Investment Led by Jack Dorsey-Owned Firm

[ad_1] Gridless, a bitcoin mining company operating from Kenya, recently raised $2 million in seed investment from Block, a digital payments company owned by Twitter founder Jack Dorsey, and Stillmark. The bitcoin... Read more »

CZ, SBF trade jabs in Twitter feud; Bitcoin firmly in capitulation phase

[ad_1] The biggest news in the cryptoverse for Dec. 9 includes a Twitter sparring between  Binance CEO Changpeng Zhao and former FTX CEO Sam Bankman-Fried, and Hut8, Riot, and Marathon are emerging... Read more »

BTC price tests $17K on PPI as Bitcoin analysts eye CPI, FOMC catalysts

[ad_1] Bitcoin (BTC) fell on the Dec. 9 Wall Street open as United States economic data appeared to disappoint markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Attention turns to Bitcoin vs.... Read more »

Paraguayan Cryptocurrency Law Shelved After Presidential Veto

[ad_1] The cryptocurrency and mining law that the Paraguayan Congress passed in June was finally shelved on Dec. 5. The document, which sought to bring order to crypto mining and exchange activities... Read more »

LINK staking in community pool filled within the first 2 hours

[ad_1] General access for staking in the community pool for prominent oracle network Chainlink filled up within two hours of its launch. At press time, all allowed 22,500,000 LINK tokens worth around... Read more »

Bitcoin price targets stretch to $19K as BTC jumps 4% from daily lows

[ad_1] Bitcoin (BTC) stayed higher after a $17,000 liquidity grab on Dec. 9 as traders targeted further upside. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin attempts new monthly high Data from... Read more »

Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets Bill

[ad_1] Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved by lawmakers which regulates the activities of... Read more »

Countries and institutions move into crypto despite market drop: Report

[ad_1] The crypto markets have been in decline since the start of the second quarter of 2022. Each time it seemed like the apparent crypto winter would experience a minor thaw, another... Read more »