After a long battle over the country’s position on cryptocurrencies, different Russian state bodies have agreed on the best way to regulate the cryptocurrency sector.
The number of cryptocurrencies in circulation has more than doubled by 2021, prompting investors to be even more careful when investing in a new token and to do thorough due diligence before making an investment decision.
The expected bull run collapses at the end of 2021 as the Bitcoin price drops. After hitting an all-time high of USD 68,600 on November 10, the price of Bitcoin plummeted to USD 46,600 on Tuesday, December 28, signifying a 32% fall.
Since many influencers promote shady projects, leading to investors losing their funds, France created a Task Force to reprimand cryptocurrency influencers.
With the new Covid Omicron variant, the bitcoin price drops more than 20%. Bitcoin, Ethereum, and several other cryptocurrencies face a storm of bearish catalysts. Cryptocurrency prohibitions might also be the cause.
Citibank creates a new bitcoin division area to support companies that work with blockchain and cryptocurrencies. The new cryptocurrency and blockchain unit will go live on December 1.
Space Travel is the new giveaway from Huobi Exchange. All registered and approved users with be eligible to participate in this Space Trip Giveaway.
ParaSwap Exchange airdropped about 150 million PSP worthing more than US$18000 to 20,000 customers who took advantage of the offer. This Paraswap Airdrop netted ParaSwap users hundreds of dollars in money.
Cryptocurrencies are the biggest bubble of all time, said legendary investor Michael Burry, who sees no fundamentals in the industry.