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Iran to stiffen penalties for illegal use of subsidized energy in crypto mining

The Iranian government will increase penalties for the use of subsidized energy in crypto mining. The move marks another step in the tightening of mining regulation in the country that had faced energy shortages in recent years.  On April 16, the Tehran Times reported, citing the country’s Power Generation, Distribution, and Transmission company, that the government…
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Russian bankers reportedly want to outlaw noncustodial crypto wallets

A major Russian banking association wants to criminalize keeping your own cryptocurrency keys. The Association of Banks of Russia, an organization including more than 300 Russian banks and financial institutions, has called on lawmakers to criminalize storing crypto outside of centralized exchanges on noncustodial wallets, local news agency Izvestia reported on Monday. In contrast to…
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Bitcoin average transaction fees lowest in two years at $1.04

The average transaction fee per Bitcoin (BTC) transaction made a complete 360-degree over nearly two years to settle down at $1.039, a number which was last recorded back in June 2020.  The BTC transaction fee is the cost to transfer any amount of BTC, which is also directly proportional to the time it takes to…
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US dollar strength mimics 2020 Coronavirus crash — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week with all quiet on traditional markets but a storm brewing in crypto. As the Easter long weekend continues for the United States and much of Europe, traders are keenly eyeing whether Bitcoin can stay stable for four days without professional investor involvement. So far, the picture has not favored…
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Top 5 cryptocurrencies to watch this week: BTC, XRP, LINK, BCH, FIL

Technical charts indicate that Bitcoin, XRP, LINK, BCH and FIL may be on the verge of a sharp breakout, but traders are unsure of the direction. Source link

6 Questions for Lynn Liss of Akoin – Cointelegraph Magazine

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!   This week, our 6 Questions go to Lynn Liss, the chief operating officer and co-founder of Akoin, a cryptocurrency and blockchain ecosystem designed to empower…
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An open invitation for women to join the Web3 movement

There’s no denying the current narrative about Web3: it’s a boys club. And, if we keep affirming this narrative, it’s bound to come true. The truth of crypto as a boys club won’t just be detrimental to women — it’ll be detrimental to the entire promise and growth of Web3.  Web3 is not an exclusive…
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Bitcoin holds $40K over Easter but thin liquidity, ‘capitulation’ risk haunt traders

Bitcoin (BTC) chose compression over the Easter weekend, sparing nervous traders a fresh dive below $40,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Derivatives traders take no risks Data from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in a narrowing range with $40,700 as its ceiling Saturday and Sunday. The pair saw little action as…
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Epic Games raises $2B for Metaverse, Mastercard scales NFT plans and Ripple scores big win against SEC: Hodler’s Digest, April 10-16

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Mastercard files 15 metaverse and NFT related trademarks Multinational payments…
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Crypto Twitter reacts as Russian gov’t reviews finalized crypto bill

The Ministry of Finance (MinFin) of Russia finalized a draft bill named “On Digital Currency” and has sent it to the Russian government for approval to be passed as law. The draft of the federal law clarifies regulations related to the trading and mining of cryptocurrencies.  On Apr. 8, Russia’s finance ministry announced the amendment…
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