Source: iStock/undefined undefined Turkey’s central bank banned the use of cryptoassets in payments as they entailed significant risks due to volatile market values, irrevocable transactions and are used in illegal actions, Reuters reported. Also, the bank said that these assets were “neither subject to any regulation and supervision mechanisms nor a central regulatory authority,” the […]

Bitcoin price corrected lower from the USD 64,900 zone. BTC broke the USD 63,000 support, but it is holding gains above the USD 62,000 level. It is currently (04:00 UTC) showing positive signs and it might start a fresh rally above USD 64,000. Besides, most major altcoins are trading in a bullish zone. ETH extended […]

Source: Adobe/PRPicturesProduction The South Korean media is carrying more reports of crypto exchanges delaying their clients’ withdrawal requests – and in some cases failing to respond to the customers altogether as investors’ worries about the security of their funds intensify. As previously reported, crypto holders with tokens and fiat on a number of smaller trading […]

Disclaimer: The text below is a press release that was not written by Cryptonews.com. On April 15, 2021, KuCoin, an IDG backed crypto exchange, announced the official launch of KuCoin Labs, an incubator and research arm in the KuCoin ecosystem. As the first step, KuCoin Labs has also established a 50 million fund to find […]

Source: iStock/undefined undefined This Thursday has been quite an eventful day for the most popular smart contract platform, Ethereum (ETH), as its Berlin upgrade went live, its native token, ETH, hit a new all-time high, gas dropped lower, and the CME Group revealed the records reached by their ETH futures offering. On April 15, ETH […]

Source: Adobe/frag The Russian Ministry of Finance and the nation’s Central Bank are still at odds over crypto tax laws, per a local media report. According to Interfax, an anonymous “source familiar with the talks” between the two parties, who must forge the nation’s crypto policy, “cannot agree” on a number of key points. Chief […]

Financial Freedom – Chapter 2 by Buddyart00. Source: async.art Brace yourself if you think you’ve had just about all you can stomach from the world of non-fungible tokens (NFTs) – as industry insiders at the BlockDown 4.0 conference say that a non-fungible growth “explosion” is coming over the next two years. The comments were made […]

Source: iStock/Photographer, Filmmaker, Designer Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investing news Global financial services firm BTIG analyst Mark Palmer gave Coinbase a buy rating after its Nasdaq debut, setting a price target of USD 500, Bloomberg reported. At […]

Source: Adobe/wip-studio As a major privacy-related Bitcoin (BTC) upgrade took another step forward, the Cryptoverse is abuzz over a paper written by a former acting director of the US Central Intelligence Agency (CIA). But besides reaching a positive conclusion for BTC, the paper also highlights privacy-related crypto vulnerabilities that remained largely overlooked: BTC can be […]

Bitcoin price corrected 3% from the new all-time high and declined below USD 63,000. BTC is currently (12:30 PM UTC) showing short-term bearish signs, but dips could be limited below USD 61,000 and USD 60,000. To start a fresh increase, the price must clear USD 63,800. Similarly, most major altcoins are correcting lower. ETH traded […]