PLUS1
Funds
Binance Coin (BNB) Slips Into the Sell Zone
Dec 12 2022 @ 12:29
After taking a strong base from the $253 support level, the bull market progressed aggressively, smashing through the $280 price level. But, BNB coin was losing its momentum as it approached the $320 resistance level. It finally hit a brick wall on November 26 at $316.5. At this point, the bullish market succumbs to the […]
Europe’s Tax Regulation is to Turn Its Searchlight on the Crypto Markets
Dec 09 2022 @ 09:43
Quick Take A new tax law will require maximum cooperation from Cryptocurrency providers. The decentralized nature of virtual currencies hampers the work of tax authorities. The European Union (EU), the supranational organization of Europe, will require cryptocurrency trading enterprises to abide by tax regulations to reduce the crime of tax evasion. The EU is implementing […]
ByBit and Swyftx Succumb to the Crypto Crisis
Dec 06 2022 @ 23:35
ByBit and Swyftx announces their intention to reduce their workforce as they could no longer cope with the crisis of the crypto winter. ByBit is a high-ranking crypto exchange platform based in Dubai. part of the measures that they considered to be taken to keep their business floating is the reduction of their workforce. In […]
Factors That Determine the Profitability of Bitcoin Mining
Dec 05 2022 @ 17:48
The profitability of a Bitcoin mining venture is determined by some factors. The most important factor of them all is the very price of Bitcoin. When the price of Bitcoin is high, mining becomes easier than when the price is low. This is because of the high cost involved in mining new blocks. A comfortable […]
Former FTX boss promises an indefinite date for his Congressional appearance
Dec 05 2022 @ 12:44
QUICK TAKE House Financial Services Committee invites SBF to a Dec 13 hearing on his failed exchange The invitation provides SBF with an opportunity to clarify issues and boost investors’ confidence pledges a congressional appearance on a yet-to-be-determined date Sam Bankman-Fried (SBF), who is in hot water, has the chance to address a variety of […]
FTX Disaster, What went Wrong?
Dec 01 2022 @ 18:30
More than 2 billion dollars was lost in the FTX disaster due to problems relating to a lack of liquidity on the platform. Within 3 days, about 80% of the value of the FTT token was lost. FTX was once seen as a survivor and a champion in the struggling market. What went wrong with […]
Breaking News: Tiantian Kullander, the Co-founder of Amber Group Dies at 30
Nov 29 2022 @ 06:40
The crypto industry has lost another genius – Tiantian Kullander and this is the second of such, after the incident of the death of Nikolas Muchegian who died in late October. Tiantian is an influential young man who co-founded a Hong Kong-based cryptocurrency company which is known as the Amber group. He passed away in […]
GBP/USD Selling Near 1.2050 During COVID Crisis in China
Nov 28 2022 @ 02:59
GBP/USD is facing mild selling pressure around 1.2050 before London open today. GBP/USD is trying to cheer the impetus hopes during the anxiety of main strikes in the United Kingdom and Coronavirus agitations in China. A report from Reuter has it that British public-sector pay won’t be able to match the rising inflation. This is […]
Dutch Detectives Nab Man Over Suspicious Bitcoin Transactions
Nov 23 2022 @ 07:45
Dutch government anti-fraud organization places its searchlight on a man for probable money laundering charges through the use of a Bitcoin ATM A man in his early forties will spend some time in the care of security personnel and give them helpful information regarding where he received the money he utilized in some recent transactions. […]
The Founder of Cheelee and NUTson Launches a $200 Million Support Fund for the Crypto Industry
Nov 22 2022 @ 18:35
The creator of a Web3 Social video platform, which is known as Cheelee and a Web2 mobile App program known as NUTson has announced the establishment of a $200 million support fund aimed at supporting the crypto industry in turbulent financial times. The Founder of Cheelee and NUTson, Roman Alekseev, in a statement that he […]
