Bitcoin’s mining difficulty has edged up by 0.61%, rising from 109.78 trillion to 110.45 trillion. At the same time, the network’s hashrate remains relatively subdued, following a notable drop from its high of 824 exahash per second (EH/s) to the current 778 EH/s. Bitcoin’s Difficulty Increases, Hashrate Falters Since block height 878,976 was mined, the […]
Russia Tightens Digital Asset Rules With Stricter Trade Oversight Standards
Russia’s central bank now mandates the registration of foreign exchange trade contracts involving digital rights, aiming to enhance oversight, integrate cryptocurrencies, and ensure financial stability. Bank of Russia Tightens Grip on Crypto Deals and Digital Tokens Russia’s central bank, the Bank of Russia, has introduced regulations to manage foreign exchange operations involving digital rights. Digital […]
Binance Gains 21st Regulatory Approval – Crypto Giant Tightens Grip Worldwide
Binance has secured its 21st regulatory approval with Brazil’s central bank, bolstering its growing dominance and expanding its footprint in Latin America’s booming crypto market. Binance Expands Regulatory Dominance With Brazil Approval Crypto exchange Binance announced Thursday that it has secured approval from the Central Bank of Brazil to acquire Sim;paul, a licensed broker-dealer in […]
Bitcoin Technical Analysis: Bearish Sentiment Tightens Grip as BTC’s Downtrend Continues
As of June 19, 2024, bitcoin’s price is $ 65,283, fluctuating within an intraday range of $ 64,149 to $ 65,633. On Wednesday, the leading cryptocurrency saw a trade volume of around $ 31.28 billion, with a market capitalization of $ 1.28 trillion. Bitcoin Bitcoin’s oscillators reflect mixed sentiment. The …
New York Tightens Customer Service Regulations for Crypto Companies
The New York State Department of Financial Services (DFS) has introduced new guidance mandating regulated cryptocurrency entities to implement customer service policies and procedures. Crypto entities must collect data to ensure timely and fair resolution of issues, maintain records for regulatory review, and provide quarterly analyses. New York Regulator Requires Crypto Firms to Adopt New […]