Nepal Bans Crypto Services: NTA Takes Legal Action Against Non-Compliers

• The Nepal Telecommunication Authority recently issued a notification banning all cryptocurrency-related services. • The Nepal regulatory authority has previously declared crypto-related activities illegal. • The NTA has threatened to take legal action against any entity that does not comply with the orders. Nepal’s telco regulators have recently issued a notification ordering internet service providers … Read more

Russia Legalizes Crypto for International Trade: Economic Woes Look to Digital Assets

•The Russian Federation recently announced a potential increase in energy production due to the rising demand from crypto miners. •Nikolay Shulginov, Russia’s Minster of Energy, has acknowledged the need to install additional power plants in Siberia to meet the miners’ demands. •Russia is following India in legalizing the use of cryptocurrency as a means to … Read more

Bitcoin analysts warn of bull trap

Bitcoin (BTC) has been able to rise nicely in the last 24 hours and market sentiment is immediately changing. Fears abate, the market regains hope and there is even talk of the start of a new bull market. However, there is a good chance that people are cheering far too early. Is there a possible … Read more

JPMorgan: The bottom may be in sight

Nearly $2 trillion in value has evaporated from the crypto market in the past few months and it almost seems as if the prices of most cryptocurrencies can only fall further. However, according to the world’s largest investment bank, JPMorgan, we may soon finally see a bottom. Is the crypto crash finally over? According to … Read more