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EU Parliament Votes against Proposal to ban Proof-of-Work Mechanism
The European Union Parliament voted against a proposal to ban proof-of-work, the blockchain consensus algorithm that rewards miners who solve difficult cryptographic puzzles. The vote
LUNA/USD Spikes Above $95 Level
LUNA/USD has been making gains over the past few weeks. The coin’s market cap is now at $1,339,926 USD which makes it one of the
Thailand Exempts 7% Crypto Tax For Traders Operating On Authorized Exchanges
Thailand has passed a law that exempts trading on authorized crypto exchanges from the 7% tax. This was an effort to attract more investment and
Chinese Startups’ SPAC Listings Increase As Weighty Offshore IPO Regulations Loom
Chinese companies are increasingly turning to Hong Kong as a platform for listing on the Shanghai Stock Exchange. The so-called “SPAC Listings” have become one
SCA Comes Into Effect As Online Retailers Warned Of Lost Sales
The Dutch government has released a statement warning that the implementation of its controversial sales tax, or SCA as it is called, will cause serious
Gold (XAUUSD) Price Retests 2021 High and Pulls Back
Gold prices are slowly testing their highs from late last year. Gold is currently trading around $1,319 per ounce and has been a favorite vehicle
Market Sentiment Shows Gold Price Needs Consolidation After Rising Above $2,000
As Bitcoin climbs to new highs, investors are turning their attention to other cryptocurrencies. One of the most promising is Ethereum, which has seen its
EURUSD Price May Experience a Bullish Reversal at $1.07 Support Level
The Euro is currently trading at the $1.12 level, but a strong move lower may be in store for EURUSD as support levels are tested.
EOS/USD Drops by 3.38%; Ushers Price to $1.93 Support
After 6 months of highs above $30, the cryptocurrency market has been struggling to find stability post-Bitcoin bull run. After a brief dip in price,
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