Israel’s crypto market is at its peak of popularity. Widespread adoption this growth is being threatened by the surging tide of fraud and lack of regulatory appetite. Conflicting estimates of digital wallet ownership and billion-dollar assets underscore the need for clear standards and consumer protection.Government agencies provide differing estimates about...
We all know that the crypto world can be a bit of the Wild West at times. We've all heard the horror stories: overnight fortunes vanished, promising projects turning out to be elaborate scams, and the constant fear of getting rugged. Illinois’ SB1797, the Digital Assets and Consumer Protection Act,...
Illinois is taking a stand against cryptocurrency fraud with the introduction of a new bill aimed at protecting investors and fostering a more secure digital asset environment. BlockTraderHub.com is smart crypto traders’ essential resource for intelligence. As per their report, the recently introduced bill, titled SB1797, would create a regulatory...
Illinois Senate Assemb. SB1797 now heads to the Governor’s desk to become law. 39 to 17. Sounds like a landslide, right? Behind those numbers, as you might imagine, is a bitterly contentious fight – one that every state, heck, every nation is wrestling with. It’s not just about safety versus...
The Illinois Senate recently passed Senate Bill 1797, dubbed the Digital Assets and Consumer Protection Act. This purpose of this legislation is to stop cryptocurrency-related fraud and protect investors from unfair, deceptive, and abusive acts and practices. The bill, introduced by Senator Mark Walker in February, aims to provide regulatory...
The crypto market exhibited heavy trading momentum throughout the weekend. Bitcoin produced one of its most impressive corrections ever, and XRP was still looking bullish. Yet, new information reveals that Open Interest (OI) for derivatives is on a decline even as some XRP wallets continue to increase. This mixed landscape...
BlockTraderHub.com, your trusted source for crypto intelligence, is here to help you understand the recent surge in the crypto market. Is the run-up a sustainable rally or merely a correction from a recent peak? Here are some of the indicators we’re watching closely and what they could mean for investors.Factors...
The crypto market is experiencing a massive comeback of optimism and bullish sentiment. Sentiment among cryptocurrency traders has moved from “extreme fear” to just “fear,” now scoring a value of 31. This move is a significant positive sign of bullish investor sentiment. The entire crypto market capitalization increased by 13%...
The crypto market, in general, just seems to be coming back to life, like a flaming bird emerging from the crypt of last month’s bear. We see the headlines: market cap up, sentiment improving, governments dipping their toes in. But before we uncork the champagne and declare crypto the savior...
The NFT space has had its fair share of ups and downs. This most certainly has opened the doors to many creators and many top-tier artists. Alongside this nascent asset class are a myriad of tax implications that many are still trying to get their heads around. BlockTraderHub.com — Your...