THE DAILY ENCRYPT

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Afghans Became Crypto-friendly Amid US Sanctions

Since the Taliban took over Afghanistan in August of last year, US authorities have cut off financial sources to disrupt the state’s economy. As a result, money transfers became a severe problem for Afghans. Sanctions by the US unable Afghans from receiving foreign aid. But, cryptocurrencies popped up as an alternative payment medium to rescue

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FED Announcement Pushes Bitcoin Price Up, Will BTC Sustain Momentum?

Market expectations were met as the U.S. Federal Reserve (FED) announced an interest rate hike of 25 bps pushing Bitcoin into the green. The cryptocurrency was hinting at bullish price action during the week, as today’s Federal Open Market Committee (FOMC) closed in. Related Reading | Mike Novogratz: Bitcoin Price To Range Between $30k-$50k Throughout The …

FED Announcement Pushes Bitcoin Price Up, Will BTC Sustain Momentum? Read More »

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Crypto Companies Report Excess Request From SEC, U.S. Congressman Questions Why

A group of crypto companies has complained about the U.S. Securities and Exchange Commission’s (SEC) “overburdensome” reporting requests. Via his personal Twitter account, U.S. Congressman Tom Emmer reported “numerous tips” possibly confirming this situation. Related Reading | Ripple Consider Big Triumph Against SEC As Judge Declined Key Motion The U.S. government official said the request

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Mike Novogratz: Bitcoin Price To Range Between $30k-$50k Throughout The Year

Bitcoin price is struggling to stay over $40,000, but Friday’s options expiry could provide bulls with the $160 million profit they need to keep the positive momentum going. Bitcoin has had a modestly climbing trend for the past two months, bouncing off its support many times. Mike Novogratz Predicts Bitcoin Range In an interview with …

Mike Novogratz: Bitcoin Price To Range Between $30k-$50k Throughout The Year Read More »

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Bobatama (BOBA) Is Now Available for Trading on LBank Exchange

PRESS RELEASE. INTERNET CITY, DUBAI, Mar. 16, 2022 – LBank Exchange, a global digital asset trading platform, has listed Bobatama (BOBA) on March 16, 2022. For all users of LBank Exchange, the BOBA/USDT trading pair is now officially available for trading. Bringing the first ever EVM compatible multi-chain ghost wallet to the world, Bobatama (BOBA)

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All Mine: Which Bitcoin Miners Hold The Most BTC?

Bitcoin miners hold on to a lot of the BTC they mine; they are called the “original whales” for a reason. Here’s what the data says regarding which of the publicly listed mining companies hold the most coins. Why Do Bitcoin Mining Companies Keep BTC Treasuries? Before looking at the numbers, one question arises first.