Anisha

TheCoinRise is back with a little flavor from all around the world in the crypto sector for November 29, Monday, with diverse agreements, laws and regulations, market movements, and controversies. After bleeding for more than two weeks, Bitcoin has finally shown a bullish momentum, rising by more than 6% within 24 hours. One of the two […]

While SnowdogDAO (SDOG) gained huge popularity for being the first meme coin on Avalanche Network, its price went down by over 90% this Sunday following an eight-day long live event. Investors lost a massive amount of funds, with a person losing more than $600,000 and are calling it the platform’s biggest rug pull.  After an […]

Thailand, one of the favourite countries for tourists, is working hard to become a crypto-positive society. After the announcement by the Tourism Authority of Thailand, on bringing its own utility, the country has gained a lot of attraction from all over the world. The country said that it wants to regain the $80 billion loss […]

Britain’s tax authority, Her Majesty’s Revenue and Customs (HMRC) regulation brings a recent update imposing a digital services tax on the crypto exchange platforms functioning in the United Kingdom.  As per the report by Telegraph, the exchanges in the nation will now be compelled to pay a 2% service tax. The report further added that […]

This week has been full of drama, partnerships, and regulatory actions in the crypto industry. We at TheCoinRise are here to summarise it for you. Bitcoin has seen a slight fall over the last two weeks, but one positive aspect is that it hasn’t crashed, indicating that demand is still strong despite the present substantial […]

The cryptocurrency lending platform Celsius Network’s Chief financial officer (CFO) Yaron Shalem was among seven people arrested in Tel Aviv city in Israel. In Israel, court proceedings are usually held in public unless there are exceptional circumstances in which a gag order can be imposed on an inquiry to protect the identities of those involved, […]

Newegg, the electronic retail giant, has finally made an official announcement that it will accept Shiba Inu payments after heavy speculations and rumors on the same. The firm posted on Twitter confirming that SHIB payments are now acceptable in reality on the platform. Monday onwards, Newegg will allow users to do their shopping with SHIB. […]

A recent survey by a major Japanese crypto exchange revealed that every one out of four crypto investors in Japan has tried their hands on non-fungible tokens (NFTs). BitBank conducted an online survey to study the NFT investment trends in the Japanese digital currency market. Publishing the results on Thursday, the exchange firm stated that […]

The wave of Central Bank Digital Currency (CBDC) all around the world, especially around Africa, resulted in another country joining the list of CBDC development. The Bank of Tanzania is reportedly gearing up to introduce CBDC. According to a Bloomberg report published on Friday, Florens Luoga, the governor of the Bank of Tanzania, stated on […]

El Salvador, the first country to adopt Bitcoin as its legal tender, is continuously filling its pockets with Bitcoin during every market correction. President Nayib Bukele announced that the country has bought the dip again, investing over $5 million into BTC as the price slipped below $54,000 on Friday. In a tweet, Bukele said that […]

With the various partnerships, laws, and regulations, market movements, and controversies, TheCoinRise is back with a little spice from all around the globe in the crypto industry for November 26, Friday. The Crypto market was doing great with a lot of greenery, but sudden news of a new Coronavirus variant somewhere in South Africa hugely […]

The Financial Services Commission (FSC) in South Korea has released a report laying out its new definition of cryptocurrencies and digital assets. It also proposed new methods for token issuers and penalties for non-compliance. Individuals or platforms that mint non-art NFTs for trading purposes, as well as decentralized finance projects, could face onerous regulations under […]

The trending animated TV series, South Park which frequently covers current events with a comic slant, depicted Bitcoin as a dominant payment method in the not-too-distant future. On Thursday, the show aired the awaited “Post COVID” episode from its 24th season, which showed one of the show’s characters, Stan Marsh, paying for a stay in […]

Amidst the serious steps by regulators all over the globe, the Australian Tax Office (ATO) said that it does not trust cryptocurrency investors in Australia on their crypto transactions and profits.. On November 23, Chris Jordan, ATO commissioner, while speaking at the 14th ATAX Conference on Tax Administration conference, pointed out that many new crypto investors are […]

With the various partnerships, listings, delistings, and controversies, along with the crypto market getting stable amidst Indian investors’ panic selling, TheCoinRise is back with a little spice from all around the world in the crypto industry for November 25, Wednesday. Market is greenish Bitcoin has finally crossed the $58,000 critical level and is eyeing $60,000 […]

Paul Beaudry, the deputy governor of the Bank of Canada, said that cryptocurrencies, at their currency adoption level, do not impose any major risk to the financial system. On Tuesday, during Ontario Securities Commission Dialogue 2021, Beaudry spoke about the stability concerns related to the Canadian financial system. The deputy governor, when questioned if cryptocurrencies are a […]

India’s crypto ban has been the hottest topic in recent days, and the panic has intensified as a crypto expert has cited a 2019’s government document that suggests that the upcoming ban on all “private cryptocurrencies” could include all the cryptocurrencies.  The government of India recently announced about introducing the Cryptocurrency and Regulation of Official […]

Animoca Brands, the famous gaming and venture capital company, and its subsidiary Blowfish Studios have announced that they will repay its customers the 265 stolen ETH ($1.1 million) in a fraudulent NFT sale on Discord. The scam minting event happened on November 19 at around 3 a.m. AEDT on the Phantom Galaxies server on Discord […]