Day: May 26, 2022

Why the Crypto Industry in Indonesia Is Set to Leapfrog Competing Markets – Interview Bitcoin News

With over 270 million people, Indonesia is the fourth-most populous country in the world and its economy is one of the largest markets in Asia. It also has a large unbanked population, a receptive regulatory environment and additional factors making it stand out for crypto adoption. In the latest episode of the News Podcast we …

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Huobi Global Acquires Latin American Crypto Exchange Bitex – Bitcoin News

The digital currency exchange Huobi Global has revealed it has acquired Bitex, a Latin American crypto platform that operates in Argentina, Chile, Paraguay, and Uruguay. Huobi details that the company is stepping up its presence in Latin America as it believes the region will be one of the most active crypto adoption areas worldwide. Huobi …

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Falling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first

The cryptocurrency market was hit with another round of selling on May 26 as Bitcoin (BTC) price dropped to $28,000 and Ether (ETH) briefly fell under $1,800. The ETH/BTC pair also dropped below what traders deem to be an important ascending trendline, a move that traders say could result in Ether price correcting to new lows. …

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Portuguese Parliament Rejects Crypto Tax Proposals During Budget Debate – Taxes Bitcoin News

Two proposals to tax crypto assets have failed to gain support from Portuguese lawmakers who are now discussing the state budget. The bids came from minority left-wing parties, while the ruling majority is yet to put forward its own draft to regulate the matter. Portuguese Lawmakers Stop Motions to Tax Crypto Gains Members of the …

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‘Other flavors of Tether’ will bridge users to USDT: Paolo Ardoino

Tether’s decision to launch a new digital asset pegged to the Mexican peso will be a boon to crypto adoption in the Central American country by providing more onramps to the USDT stablecoin, according to Paolo Ardoino.  In an exclusive interview with Cointelegraph on the sidelines of the World Economic Forum summit, the Tether and …

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Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon – Altcoins Bitcoin News

The stablecoin issuer Tether Operations Limited has announced the company has launched a new fiat-pegged token tied to the value of the Mexican peso. According to the team the newly launched MXNT tokens will be initially hosted on Ethereum, Polygon, and Tron. MXNT Stablecoin Is Pegged 1:1 to the Mexican Peso The stablecoin and blockchain …

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Musk sued by Twitter investors for stock ‘manipulation’ during takeover bid

NEW YORK – Billionaire Elon Musk was sued by Twitter Inc investors claiming he manipulated the company’s stock price downward, as the chief executive of electric carmaker Tesla Inc mounts a $44 billion takeover bid for the social media platform. The investors said Musk saved himself $156 million by failing to disclose that he had …

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VAST Completes Private Investment Round as It Readies to Launch First-Ever EngageFi™ NFT Platform – Press release Bitcoin News

press release PRESS RELEASE. Miami, FL – VAST, the multimedia NFT marketplace that dropped the first-ever NFT sitcom featuring Snoop Dogg and The Harlem Globetrotters, has announced the completion of their strategic private investment round with leading blockchain venture capital firms: GHAF Capital, NGC Ventures, Skyman Ventures, Infinity Ventures Crypto, and Spartan Protocol. The VAST …

VAST Completes Private Investment Round as It Readies to Launch First-Ever EngageFi™ NFT Platform – Press release Bitcoin News Read More »

Ahead of Market: 12 things that will decide D-Street action on Friday

NEW DELHI: Indian stocks saw buying on Thursday after three days of selling as investors grabbed stocks at low valuations. Analysts also believe this is the right time to pick quality stocks at a lower valuation. Here’s how analysts read the market pulse: “Traders will now need to watch if the Nifty50 can cross the …

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