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Changpeng CZ Zhao, a former Binance CEO, has officially stepped up to support earthquake victims in Myanmar and Thailand by donating 1,000 BNB, which is worth approximately $600,00. This is as a response to Binance Charitys recent initiative aimed at aiding those affected by the devastating earthquake on March 28 CZ $600K BNB Donation for […]
Bitcoin hit a price peak of $8,600 amidst hopes of tariff relief following statements from President Trump. Market analysts anticipate a potential breakout if these measures come into effect. This surge reflects the growing influence of geopolitical events on the cryptocurrency market. The impact of global trade tensions on traditional markets has spilled over into [...]
The post Bitcoin price surges to $86,000 as Trump tariff relief boosts chances of breakout appeared first on Crypto Breaking News.
Commerce Secretary, Lutnick, Retracts Tariff Relief on Electronics After initially hinting at potential tariff relief for electronic goods, Commerce Secretary Lutnick has now backtracked on his statements. This change in stance is causing uncertainty in the electronics industry. In a recent press conference, Lutnick stated that the administration is not considering any tariff relief for [...]
The post Commerce Secretary Lutnick reverses course on electronics tariff relief appeared first on Crypto Breaking News.
As the Consumer Price Index (CPI) numbers were released, Bitcoin stocks took a hit and surrendered earlier gains from tariff relief. The question now looms: will Bitcoin whales step in to save the day? The recent CPI print stirred up the financial markets, leading to a drop in Bitcoin prices. The optimism surrounding tariff relief [...]
The post Bitcoin and Stock Prices Ignore CPI Report Victory and Drop Tariff Relief Gains – Can BTC Whales Rescue the Market? appeared first on Crypto Breaking News.
APX Lending, a leading blockchain-based lending platform, has received exemptive relief from the Canadian Securities Administrators. This decision allows APX Lending to operate its lending platform without needing to register as a securities dealer in Canada. The Canadian Securities Administrators granted this relief after determining that APX Lending’s lending activities do not fall under the [...]
The post APX Lending Secures Exemptive Relief from Canadian Securities Administration to Boost Growth appeared first on Crypto Breaking News.
Changpeng Zhao (CZ), the CEO of Binance, has announced that he will be donating Binance Coin (BNB) to aid in relief efforts for Thailand and Myanmar. This generous donation comes as a response to the ongoing humanitarian crisis in both countries. CZ has a history of using his platform to help those in need, and [...]
The post Zhao Commits BNB for Thailand and Myanmar Disaster Relief: A Generous Pledge appeared first on Crypto Breaking News.
The tax administration of Japan has provided an exemption to companies issuing cryptocurrencies under a revision of the corporate tax rules. A local crypto media report described the move as a step toward improving the business environment for the digital asset sector in the country. Japan Tax Authority Gives Cryptocurrency Businesses a Tax Exemption Japan’s
The post Crypto Companies in Japan Get Tax Relief Under Revised Rules appeared first on BTC Ethereum Crypto Currency Blog.
Ethereum co-founder Vitalik Buterin has made a significant contribution to aid those affected by the recent earthquake in Turkey and Syria. The 99 ETH donation, worth approximately $150,000, will go towards supporting Ahbap earthquake support efforts in providing much-needed relief to those impacted by the disaster.
<p>The post Ethereum Co-Founder Vitalik Buterin Makes $150,000 Donation to Aid Earthquake Victims in Turkey and Syria first appeared on CCNC.</p>
Bitcoin rose more than 10% on Friday afternoon as crypto rallied amid widespread gains for stocks. The flagship cryptocurrency hit an intraday high of $21,383 on major crypto exchanges according to CoinGecko data, up from its 24-hour low around $19,210.
Why Bitcoin price is upIn a CNBC report highlighting the gains, CNBC Business News’ Kate Rooney said the world’s largest cryptocurrency by market cap has broken higher following a rebound from 10-month lows hit earlier in the week.
Bitcoin’s rally comes as the US dollar eased up following an extended strengthening against a basket of major global currencies. But as the dollar index fell on Friday, Bitcoin (BTC/USD) took cue to add to Thursday’s upside from below $20,000.
On Bitcoin hitting forward gear as the dollar struggled, the CNBC anchor observed:
“It’s been particularly sensitive to the rising dollar in recent months. You can see that inverse correlation on the chart picking up in May or so,” she noted. The chart she was referring to shows bitcoin price falling below $30k and continuing lower even as the US dollar rose amid the crypto market crash.
Another factor at play as BTC picks some bear market rally has been the strong uptake in short liquidations. Just in the past 24 hours or so, nearly $343 million crypto shorts were liquidated – the largest short liquidations for over a month according to data from Coinglass.
As reported, Bitcoin’s price jump above $21k also comes as today’s biggest crypto news saw Sam Bankman-Fried’s crypto exchange FTX reveal it had acquired a 30% stake in SkyBridge Capital. Anthony Scaramucci’s SkyBridge is to add $40 million worth of cryptocurrencies to its balance sheet.
The post Crypto relief: Bitcoin jumps 10% as it bounces from 10-month low appeared first on Invezz.
As the markets enter summer, a well-known crypto trader is anticipating price hikes for a trio of crypto assets. The recent BTC relief rally could imply that both BTC and altcoins are set to go on a run this month, according to crypto expert Michal van de Poppe, who has 608,100 Twitter followers. “The odds […]
The people of Ukraine require the world’s help more than ever before. As the conflict between Russia and Ukraine continues to rage on, the world must rally behind the Ukrainian government to bring back peace and stability to the Eastern European nation. The crypto community has done just that with nonfungible token (NFT) companies, decentralized autonomous […]
Binance Exchange announced to donate the sum of $10 million to support the humanitarian relief efforts in Ukraine. (Read More)
Ethereum co-founder Vitalik Buterin has unveiled how he will use $100 million in cryptocurrency from India’s Covid Crypto Relief Fund (Cryptorelief) to accelerate relief efforts and “bring great benefit to Indians and non-Indians.” The crypto is part of the Shiba Inu funds Buterin donated to Cryptorelief last year. Vitalik Buterin to Personally Deploy $100M From […]
Ethereum co-founder Vitalik Buterin announced via Twitter that India-based Covid relief fund CryptoRelief is sending back $100 million of the SHIB funds that were previously donated to the charity and outlined his plans to deploy these funds in some ‘higher-risk higher-reward covid science and relief projects worldwide’. The move comes as the Indian government is […]
Sandeep Nailwal, a cofounder of Polygon (MATIC) and founder of Crypto Relief, has just posted a CryptoRelief Update via his official Twitter handle. CryptoRelief Update: Have been in discussions with @VitalikButerin on how to accelerate relief efforts in India. And we have come up with a solution, we will moving $100mn USDC back to Vitalik, […]
The post Crypto Relief India has decided to move $100 Million USDC Back to Vitalik Buterin Wallet with the Intention to Accelerate Relief Efforts in India appeared first on The Crypto Basic.
Crypto Relief takes on new strategies to deliver the best out from its crypto donations. Founder, Sandeep Nailwal plans to
The post has appeared first on thenewscrypto.com
Crypto investors are beginning to feel a sense of hope once more on Jan. 26 as the wider cryptocurrency market is seeing green and Bitcoin (BTC) price trading near $38,000. Even with the breakout, traders are advising caution ahead of the Federal Open Market Committee meeting where the Federal Reserve is expected to unveil their […]
NYDIG facilitated the purchase, representing "a watershed moment for bitcoin and its place in public pensions," its global head said.
The Securities and Exchange Commission’s (SEC) recent decision on token relief could have a significant impact on cryptocurrency firms. This move by the SEC has created a sense of optimism within the crypto community as it provides clarity on the regulatory framework surrounding digital assets. By issuing a no-action letter to TurnKey Jet, Inc., the [...]
The post The Potential Impact of SEC’s Token Relief Proposal on Crypto Companies appeared first on Crypto Breaking News.
The legal battle for Ross Ulbricht, the founder of the dark web marketplace Silk Road, continues as he seeks relief from the Second Circuit Court of Appeals on white-collar crime charges. Ulbricht’s defense argues that he should receive the same benefit given to defendants in similar cases who were granted relief under the Supreme Court’s [...]
The post SBF’s Chances of Conviction Relief Are Better Than Ulbricht’s appeared first on Crypto Breaking News.
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