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Ukraine’s New Fiat Restrictions to Boost Popularity of Crypto, Industry Says

Ukraine’s New Fiat Restrictions to Boost Popularity of Crypto, Industry SaysThe central bank of Ukraine has adjusted the fixed exchange rate of the national currency in U.S. dollars and introduced stricter limits on hryvnia transactions for citizens. The measures are likely to turn more Ukrainians to cryptocurrencies, according to a representative of the local crypto sector. War-Time Hryvnia Limits Expected to Increase Interest in Cryptocurrency […]

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

US Sanctions Bitriver, Targets Russia’s Crypto Mining Potential

US Sanctions Bitriver, Targets Russia’s Crypto Mining PotentialIn an attempt to deny Russia opportunities to evade sanctions through cryptocurrencies, the U.S. Department of the Treasury has sanctioned leading Russian mining firm Bitriver. The move comes amid concerns that Moscow may use the minting of digital coins to monetize its energy resources. Zug-Based Bitriver and Its Russian Subsidiaries Blacklisted by United States The […]

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Whale Watch: A Deep Dive Into the Concentrations of Large Crypto Holders

Whale Watch: A Deep Dive Into the Concentrations of Large Crypto HoldersThree months ago the crypto economy was worth more than $3 trillion and since then, digital currency prices have slid a great deal in value, as crypto assets have been sold and distributed across many hands. Over the last decade, fluctuating price cycles have made it so some addresses, typically referred to as crypto whales, […]

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Bank of Russia to Collect Data on Crypto-Related Transactions Between Individuals

Bank of Russia to Collect Data on Crypto-Related Transactions Between IndividualsThe Central Bank of Russia (CBR) plans to obtain information from commercial banks pertaining to some money transfers between private individuals, including clients trading cryptocurrency. The measure is likely to affect online crypto exchangers which the regulator accuses of conducting illegal operations. Central Bank to Check Transactions Between Russians Exchanging Crypto As part of efforts […]

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Finance Author Says $100K Bitcoin Prices Not ‘So Far-Fetched — Don’t Rule It Out’

Finance Author Says 0K Bitcoin Prices Not ‘So Far-Fetched — Don’t Rule It Out’Throughout 2021, there’s been a number of people who have said they expect bitcoin to reach $100K by the end of this year. In more recent times, the six-digit bitcoin price forecasts continue as people are now saying a sudden move to $100K “doesn’t seem so far-fetched.” The Probability of Bitcoin Hitting $100K — ‘Don’t […]

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

As Bitcoin’s Price Spikes Pods of BTC Whales Begin to Shrink in Size

As Bitcoin’s Price Spikes Pods of BTC Whales Begin to Shrink in SizeRecent metrics from a variety of analytical web portals show that the quantity of bitcoin whales has been shrinking in recent times. The data indicates that the leading crypto asset has been distributed quite a bit since the price run-up started. Pods of Bitcoin Whales Shrink — Addresses With Small Quantities of Bitcoin Catch the […]

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Bitcoin Whale Count Shrinks- Speculators Assume Trickle Distribution or Possible Address Reorganizations

Bitcoin Whale Count Shrinks- Speculators Assume Trickle Distribution or Possible Address ReorganizationsThe price of bitcoin has seen better days, as the coin’s value hit $59,600 four days ago and then saw the exchange rate tumble to a low of $45,700 per unit on May 12. There have been talks of whales selling coins and data shows that there’s been some large wallet inflows. However, onchain data […]

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption