Iran Prepares Bill to Centralize and Regulate Cryptocurrency Use The plan involves making the Central Bank of Iran the primary regulatory body regarding the domestic exchange of cryptocurrencies within three months. This includes plans to prohibit the exchange of any cryptocurrency within the country, aside from a national one, as means of payment. Whales…
USDC set to become ‘dominant’ stable coin on Ethereum Tether supplies on Ethereum are dwindling as USD Coin demand grows and grows. USDC has grown much faster than Tether (USDT) in 2021 and it is emerging as the dominant stable coin on Ethereum thanks to its popularity in DeFi according to Messari. Research by…
Bitcoin Lacks Momentum Above $36K Bitcoin price extended its recovery above the $36,000 zone against the US Dollar. BTC topped near $36,700 and it is now correcting gains. Bitcoin started a fresh increase above the $35,000 and $36,000 resistance levels. The price is now trading nicely above $35,000 and the 100 hourly simple moving…
Bitcoin Stuck Near $35K, What Could Trigger A Strong Rally Bitcoin price climbed higher and it settled above the $34,000 level against the US Dollar. BTC is likely to continue higher if it settles above $35,000 in the near term. The pair is likely to rally above $35,000 unless there is a clear break…
FCA bans world’s largest crypto-currency exchange Binance, the world’s biggest crypto-currency exchange, has been banned by the UK’s financial regulator. The Financial Conduct Authority (FCA) has ruled that the firm cannot conduct any “regulated activity” in the UK. It also issued a consumer warning about Binance.com, advising people to be wary of…
1 Major stories on Bitcoin, Ethereum and mining (Bitcoin’s Massive Plunge, It goes down 8.21 percentage) Bitcoin, Ethereum and other major cryptocurrencies are currently trading in the red. The global cryptocurrency market capitalisation is $1.29 trillion, down 8.21 percent from the previous day. Bitcoin, the world’s largest cryptocurrency, has seen a massive plunge, trading more…
