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February 13, 2023

PAXOS Trust Company Stops the Issuance of BUSD Tokens

The New York Department of Financial Services (NYDFS) has ordered Paxos Trust company to stop minting Binance exchange stablecoin (BUSD tokens). Paxos announced on February 13th that it will...

February 13, 2023

CUD postpones the use of a crypto payment method

Cryptocurrencies are becoming more popular as a payment method among governmental and educational organizations. Also, thanks to the availability and ease of access, people are attracted to the market...

February 11, 2023

PayPal Reveals Cryptocurrency Holdings in the Annual Report

Cryptocurrencies account for a large number of global transactions. Transferring funds using cryptocurrencies is far more convenient than traditional bank transfers, and it has attracted many people to use...

February 9, 2023

Crypto Assets are here to stay.

2022 was the winter of the crypto market after it had blossomed in 2021. Michael Demissie, the head of digital assets at Bank of New York Mellon (BNY Mellon),...

January 31, 2023

Bitcoin Price Analysis, the Bullish Trend Continues More

Bitcoin price broke above the $23K resistance level on Thursday and managed to maintain its value above that level until today. The highest Bitcoin price this month was $23.9...

January 29, 2023

New York Prepares to Accept Crypto Payments

The New York State authorities have announced that under the new policy alterations regarding crypto payments, institutes can transfer funds in cryptocurrencies. Clyde Vanel, a member of the Democratic...

January 18, 2023

Dogecoin Blockchain Cuts back on Carbon Emissions

Carbon emission is an essential factor in the prevalence of crypto projects and their mainstream deployment. For example, Elon Musk refused Bitcoin payments for Tesla products due to the...

January 16, 2023

The Hong Kong Government Releases a Crypto Safelist

According to a report by BitcoinLink, Hong Kong’s Securities and Futures Commission (SFC) will release a list of crypto assets its residents can trade. Julia Leung Fung-yee said in...

January 12, 2023

Ethereum Appreciation Expected Soon as the Fees Plummet

Ethereum, the second largest blockchain among other crypto projects, is reviving as of the beginning of 2023. The Ethereum rebound owes to the blockchain’s significant decrease in transaction fees...

January 10, 2023

The Crypto Market Growth in 2023

Although 2022 does not conjure pleasant memories for crypto investors, 2023 seems to wash away those haunting memories with promising news on crypto market growth. So far in 2023,...

January 4, 2023

FTX Exchange Founder SBF under House Arrest

Sam Bankman-Fried, the thirty-year-old founder of FTX exchange who declared bankruptcy in November, pleaded not guilty to the alleged fraudulent activities such as conspiracy and money laundering. The court...

December 29, 2022

News Effect on the Crypto Market in 2022

News effect on the market was evident throughout 2022. Since November 2021, the market has established an overall downtrend which continued to the end of 2022. Some major events...