Technology

Luna Foundation Purchases 5,040 BTC, Terra Reserves Rise to 35,767 Bitcoin

April 6, 2022 0

On April 6, onchain data shows the Luna Foundation Guard’s (LFG) bitcoin wallet has added 5,040 bitcoin to its reserves. The added funds were worth roughly $221 million at the time of settlement. LFG managed to purchase the bitcoins while bitcoin lost 3.9% against the U.S. dollar during the

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Biggest Movers: SOL Slips Over 10%, as RUNE, WAVES Down Nearly 20%

April 6, 2022 0

Global crypto markets were trading nearly 6% lower as of writing this, with SOL one of the biggest crypto’s to fall during the session. While falling by over 12% on the day, RUNE and WAVES fell by as much as 20% on Thursday. WAVES WAVES was easily one of the biggest gainers in March, as […]

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Research Shows 19% of Bitcoin’s Hashrate Is Managed by Publicly Listed Companies

April 6, 2022 0

According to findings stemming from a report published by Arcane Research, Bitcoin’s hashrate is steadily going public as an increasing share is deployed by publicly listed companies. Current data shows that the publicly listed miners’ share of Bitcoin’s hashrate is roughly 19% today, up 3% since January 2021. Publicly Listed Bitcoin Miners Continue to Grow, […]

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A Look at the First Quarter’s Top Performing Cryptocurrencies in 2022

April 6, 2022 0

The first quarter of 2022 has come to an end and specific digital currency markets have seen a lot of action during the last three months. Out of the top ten digital currencies, terra (LUNA) saw the biggest gains, jumping more than 43% higher against the U.S. dollar in Q1. Out of the top 30 […]

Technology

Bitcoin, Ethereum Technical Analysis: BTC Falls Below $45,000 Ahead of FOMC Minutes, ETH Extends Recent Losses

April 6, 2022 0

Bitcoin fell below the $45,000 level on Wednesday, as the selloff in crypto markets extended, following strong gains last week. ETH was also down in the session, slipping to a five-day low in the process. Overall, the global crypto market cap fell by 4% as of writing. Bitcoin BTC fell below $45,000 during Wednesday’s session, […]

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Interpol Apprehends CEO of Generation Zoe, an Alleged Cryptocurrency Scam in Argentina

April 6, 2022 0

Interpol has managed to apprehend Leonardo Cositorto, the former CEO of Generation Zoe, one of the biggest alleged financial and crypto scam platforms in Argentina. Cositorto was reportedly arrested this week in the Dominican Republic, where he was in charge of a similar platform called Sunrise Coach. He will now be extradited to Argentina. Leonardo […]

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Can the IRS Track Bitcoin? Koinly Explains

April 6, 2022 0

The IRS might not be the best at keeping ahead of the crypto curve, but if you think you can hide your Bitcoin gains – think again. Crypto tax calculator Koinly is here to explain just how the IRS can track your crypto. Got gains or income from crypto? The IRS would like their cut, […]

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Spanish Securities Watchdog Calls for Search Engines, Social Network Operators to Stop Promoting Unregistered Investment Platforms

April 6, 2022 0

The CNMV, the Spanish securities regulator, has called for large search engines and social networks to stop offering advertising services for platforms that are not registered to offer investment or financial services. The regulator has also stated that it will take matters into its own hands by promoting regulation on the issue if these companies […]

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NFT Taskforce Asks Japanese Government to Consider Appointing Web3 Minister

April 6, 2022 0

In a recently released white paper, a Japanese non-fungible token (NFT) taskforce has asked the government to consider appointing a government minister whose job it would be to oversee all matters relating to Web3. Building the Support Structure for Japan’s NFT Sector A Japanese NFT policy task force has reportedly told the country’s leaders to […]

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Abkhazia Extends Crypto Mining Ban Till End of Year

April 6, 2022 0

Authorities in Abkhazia have decided to maintain a ban on cryptocurrency mining in the territory. The partially recognized republic in the South Caucasus is restricting the energy-intensive extraction of digital currencies, citing problems with power supply. Bitcoin Mining Remains Prohibited in Abkhazia The government of Abkhazia, a breakaway republic in Georgia, has