A new ruling from the Shanghai High People’s Court in China added a new twist to its view on cryptocurrency after declaring Bitcoin as a virtual asset protected by Chinese law. The Court also deemed […]
![Last Week [in] Crypto: Stablecoins Meltdown, UK’s Lofty Cryptocurrency Ambitions, Crypto Bad Actors and Authorities Continue Their Tussle](https://thecryptomagic.com/wp-content/uploads/2022/05/Stablecoin-Meltdown-CBDCs-and-UK-Ambitions.webp-326x245.webp)
Last week in crypto will go down in history as one of the most turbulent ever. Be[In]Crypto has rounded up the hottest stories in the ecosystem for your digest ranging from Terra’s debacle, CBDCs rush, […]
Key Takeaways Binance has delisted Bitcoin-margined LUNA perpetuals in response to Terra’s death spiral. It’s also reduced the maximum leverage to 8x on USDT-margined LUNA perpetuals to 8x. Changpeng Zhao has urged cryptocurrency followers to […]
Key Takeaways Terra validators have halted the blockchain in response to the ongoing LUNA and UST crisis. Due to UST losing its peg to the dollar, LUNA has entered a death spiral. It broke below […]
Bitcoin Risks Further Decline but Slumps to $28K – May 14, 2022 On May 10, BTC/USD lost $30,000 support but slumps to $28K. For the past four days, Bitcoin has been stable above the current […]
In today’s article, BeInCrypto looks at 6 selected on-chain indicators whose charts suggest that Bitcoin is very close to reaching a bottom. These were highlighted in a tweet yesterday by Will Clemente – a well-known […]
Ethereum (ETH) has been recovering over the last few days after tanking to its lowest level in months. The coin is however poised for a bigger bounce based on momentum indicators. But it still faces […]
This week in coins. Illustration by Mitchell Preffer for Decrypt A cursory glance at the Decrypt home page this week would have been enough to see that the global crypto industry is a hive of […]
Authorities in Iran have shut down close to 7,000 unauthorized facilities for cryptocurrency mining in the past two years, local media revealed. According to a report, most of the illegal bitcoin farms were concentrated in […]
The Nigerian securities regulator has announced new rules that govern the issuing of digital assets. The new rules also include registration requirements for platforms that offer digital assets. Initial Assessment Filing The Nigerian Securities and […]
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