Binance has thus come out to debunk rumors surrounding the so-called “Moonbix Coin,” which is not true because there is no cryptocurrency token that is affiliated with the Moonbix game. Later, in an official announcement, Binance stated that Moonbix is an entertainment-based game designed for users with no relation to any tokens that have investment…
But Crypto Twitter (CT) has evolved — or devolved, depending on how one sees it — as the veteran crypto trader, embedded in the community since 2017, puts it. Recently, this trader came to social media in disgruntle with the change of the platform that they labeled as a “cesspool of pseudo-intellectual edgy try-hards.” But…
Russian Companies Embrace Crypto for Chinese Imports Currently, several Russian companies that are important for electronics production and financial organizations have been allowed to implement cryptocurrency for importing goods from China. Known as the ‘Export Control System,’ this project is managed in cooperation between Russia’s central bank and the Ministry of Finance, and its key…
The United Arab Emirates (UAE) has recently announced its major change, releasing a number of crypto-related activities from its 5% Value-Added Tax (VAT). This strategic move can play greatly in the world for the cryptocurrency market, especially placing the UAE as one of the front runners in virtual assets. VAT Exemption: A Game-Changer for the…
Markus Thielen’s Bold Prediction Speaking to LaTribune about the future of Bitcoin, Markus Thielen of 10x Research expects Bitcoin to return to $70,000 within the next two weeks and possibly come close to its ATH of $73,000 in late October. Out of this, Thielen suggests that this could be the reason for this potential rally…
BTC/USD Surpasses $65K as Market Momentum Builds For several months the cryptocurrency market has been exhibiting a downtrend and finally, it has snapped out. Bitcoin (BTC) has been trading above the 200MA and broke crucial resistance levels to rise to $65,300 at the time of writing. This is crucial as BTC is now above its…
Metaplanet Inc., a Japanese investment firm, has expanded its portfolio by buying 107.913 Bitcoin for about 1 billion yen ($6.9m) in the cryptocurrency market. This latest acquisition is again a testimony that the firm has continued faith in Bitcoin, which is currently the most popular global cryptocurrency. The Tokyo-listed firm noted that it bought Bitcoins…
Unbelievable Profit from Memecoin Investment The crypto community learns lessons following an inspiring story of a crypto trader who turned $1300 into $3.4m in 15 days. The trader out of nowhere invested in Moo Deng (MOODENG), which is a hippo-themed memecoin, which either astounding or elicits skepticism from the public. Digesting this shocking 2,554X return,…
People decide to blend one of the most popular online games – bingo, with the safety of the cryptocurrencies and anonymity. Crypto bingo is gradually trending and has attracted old players and new entrants into the market since they want to play bingo along with crypto assets. Another benefit of Crypto Bingo is achieving absolutely…
The cryptocurrency market has remained bearish over the past day, with the total market capitalization dropping to $2,133 billion during the past 24 hours, down 1.44%. The fresh pressure is attributed to appreciation pressure in the U.S. dollar and a slump in risk assets because of its long-drawn effects on the Middle East conflict and…
