Bank of Russia to Legalize Crypto Mining on a Condition

Russia’s central bank is about to give permission to mine cryptocurrencies in the country. The proviso is that proceeds from the mining are converted into fiats currencies outside Russia. The latest development came after the bank relaxed its position on cryptocurrency usage. The Central Bank Gives Its Nod to Legalizing Crypto Mining Russian miners are…

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Coinbase Plans Retailers on Its First Bitcoin Derivatives

The former FairX now known as Coinbase Derivative Exchange is planning its first crypto derivatives. The products are said to launch on the 27th of June. It is going to be a nano Bitcoin contract with retailers as its target. A Brighter Look into the Future The announcement said that the firm’s BIT Futures aims…

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Binance U.S. Introduces Zero-Trading Fees For Four BTC Pairs

Binance.US has introduced a zero-fee trading option for Americans as part of its competitive strategy. The company is following the footsteps of a popular company, Robinhood. Robinhood introduced a no-fee cryptocurrency trading option in 2018. As stated by Binance.US CEO Brian Shroder, this move would attract more users. Also, it is the first U.S. cryptocurrency…

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US SEC Begins Enquiry into the Sale of Binance BNB Crypto in 2017

Haunted by the Past The BNB Coin which holds fifth place in the ranking of largest cryptocurrencies has gained the attention of the US SEC. The Security and Exchange Commission is finally launching an inquiry into Binance’s activities in 2017. The Commission is investigating if the crypto issuer went against any law in the process…

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Cardano, Kusama, and Polkadot Rank as Most Developed Cryptocurrencies in 2021

Cardano, Kusama, and Polkadot were placed first, second, and third, respectively, in a ranking of the greatest twenty initiatives by consolidated project implementation predicated on openly accessible Github data for 2021. Ethereum is listed as the fourth most evolved cryptocurrency, whereas Gnosis is the fifth greatest advanced cryptocurrency. The conclusions were drawn from Santiment’s analysis…

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Floki Inu Now Up For Trading On Exchange Today After Glitch On BitMart’s Security

In the early hours of today, Bitmart, the world’s most reliable crypto exchange point, took a new turn when it announced on social media that it’s considering returning to reactivate the popular Floki Inu (FLOKI) for exchange on its platform as of today. The detailed information given as regards the turn of the event means that characteristics…

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AVAX Price Analysis Shows it may Either Push Higher than $104 or below $73

Avalanche (AVAX) also demonstrated a similar kind of downtrend as other cryptocurrencies on December 4, 2021. Avalanche’s price also experienced a sharp decline in its price on that particular day. The price of AVAX continued diving and it reached all the way down to the $81 per AVAX price. The particular price benchmark currently acts…

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