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US SEC Chief Gensler Says Crypto Sector Rife with ‘Non-compliance’
20.7.2022
The head of the US Securities and Exchange Commission (SEC), Gary Gensler, has said that his agency will “do what we can” to ensure crypto operators fall into line, but opined that many are refusing to abide by the rules governing securities.
Speaking during an interview with Bloomberg TV, Gensler...
Bitcoin Gains Bullish Momentum While Ethereum Consolidates, ADA Rallies
20.7.2022
Bitcoin price remained well bid above the USD 22,000 zone and was able to spike above the USD 23,000 resistance. It is currently (04:04 UTC) trading near USD 23,400 and is up 7% in a day and 21% in a week.
Similarly, most major altcoins are trading in a positive zone. ETH is now consolidating...
Andorra Taking Baby Steps Toward Crypto Adoption
19.7.2022
The microstate of Andorra is looking to make crypto and central bank digital currency (CBDC)-related moves with a legislative proposal that could eventually see the country issue its own token – and despite an initial setback, could push to adopt crypto-friendly policies in the near future....
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Coinbase, Binance, and Kraken Take Top Three Spots in Updated Crypto Exchange Ranking
19.7.2022
Major crypto exchanges Coinbase, Binance, and Kraken sit in the top three spots for the second quarter of this year, according to the ranking by Paris-based data provider Kaiko.
FTX.US, Gemini, Itbit, Bitstamp, CEX.IO, FTX, and Huobi complete the list of the top 10 crypto exchanges for...
Crypto Turmoil Latest: 3AC Creditor List Unveiled and Celsius Asks Creditors to ‘Go Long’ on Crypto
19.7.2022
With coin prices still very tentatively recovering and some even forecasting the end of crypto winter, optimists will hope that the darkest days of the crypto crunch are behind us – but things are still hot in the world of the bankrupt duo Celsius (CEL), a crypto lender, and Three Arrows Capital...
South Korean Regulators Close the Net on Opportunistic Kimchi Premium Traders
19.7.2022
A South Korean financial regulator is set to go on the warpath in search of kimchi premium traders – and is vowing to bring suspected offenders to justice.
As previously reported, the kimchi premium is a phenomenon in the crypto trading markets whereby bitcoin (BTC) and altcoins trade on domestic...
Crypto Winter Will End Before 2022 Is Out - Korbit
18.7.2022
South Korean researchers say that crypto winter will end before the financial year is over, but think that the US Federal Reserve’s attempts to bolster the United States economy could continue to influence crypto markets in the meantime....
Read More: Crypto Winter Will End Before 2022 Is...
Celsius Mulls Another Option for Its Clients, Central Bank Fines Binance + More News
18.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Celsius Mulls Another Option for Its Clients, Central Bank Fines Binance + More News
Bitcoin Attempts Positive Breakout Above $22k; BTC’s Good Times Await!
18.7.2022
Bitcoin, the market leader, directs the entire crypto market sentiment simply out of its sheer dominance. BTC is moving with a tremendous buying-focused scenario capable of putting it beyond the grasp of immediate resistances. There has been a huge spike in the last five days, which could turn...
Bitcoin Tests USD 22K, Ethereum Inches Higher, Altcoins Rally
18.7.2022
Bitcoin price was able to start a more robust increase above the USD 21,200 level and cleared the key USD 22,000 resistance zone. BTC is currently (11:52 UTC) trimming gains near USD 22,100 and is up more than 3% in a day and 6% in a week.
Similarly, most major altcoins are moving higher....
COVID-19 is the Biggest Threat to Markets in the Next Decade - FTX CEO
18.7.2022
Sam Bankman-Fried (SBF), founder and CEO of major crypto exchange FTX, argues that the world didn't learn many lessons from the COVID-19 outbreak, which is the biggest issue that could potentially threaten the markets in the next 5 to 10 years....
Read More: COVID-19 is the Biggest Threat...
Here’s Why Russia Has Issued a New ‘Crypto Payments Ban’
18.7.2022
Vladimir Putin, the president of the aggressor state of Russia, has signed a new law that will ban the use of cryptoassets and other “digital assets” in the payments space – even though crypto pay is already illegal in the country.
The use of cryptocurrencies as a means of payment was prohibited...
Bitfinex Hack Suspect Heather Morgan Cleared to Seek Job and Get Paid Over USD 10K a Month
18.7.2022
Heather Morgan, who was charged over laundering USD 4.5bn worth of bitcoin (BTC) stolen from the Bitfinex crypto exchange, won court approval to seek a new job while her case proceeds.
According to a Bloomberg report, a US judge has approved Morgan’s request to modify the conditions of...
Wolf of Wall Street Says Bitcoin Investors Will ‘Almost Certainly Profit,’ But What’s His Bitcoin Track Record Like?
16.7.2022
Jordan Belfort, the former stockbroker better known as 'The Wolf of Wall Street,' argued that investors who buy bitcoin (BTC) now will “almost certainly” profit. However, this is not the first time Belfort commented about bitcoin and its future - admitting that he has changed his mind about...
Ukrainian Charity Uses Crypto Actively, Says Donations Have Risen During Bear Market
15.7.2022
The Serhiy Prytula Charity Foundation, an organization raising money for Ukraine’s war effort against Russia, has used crypto actively in its fundraising and is seeing donations rise in crypto terms even as the market has fallen from its highs....
Read More: Ukrainian Charity Uses Crypto Actively...
El Salvador Finance Chief Says USD 800M Debt Default Won’t Happen, Bukele Says BTC Is 'Inevitable'
15.7.2022
El Salvador’s finance minister says he is unworried by international markets forecasters’ predictions that the country will default on USD 800 million bond payments early next year.
ElSalvador.com, the website of the newspaper El Diario de Hoy, quoted minister Alejandro Zelaya as stating that...
Bitcoin and Ethereum Gain Momentum, Market Turns Green
15.7.2022
Bitcoin price settled above the USD 20,000 pivot level. BTC gained pace for a move above the USD 20,500 resistance zone. It is currently (11:26 UTC) up 5.7% and might rise further above the USD 21,200 resistance.
Similarly, most major altcoins are gaining bullish momentum. ETH rallied 13%...
Trezor Has Seen ‘Significantly’ Higher Interest in Self-Custody Amid Ongoing Crypto Turmoil
15.7.2022
Major hardware wallet maker Trezor said they have noticed higher interest in their devices following a string of crypto company meltdowns and centralized exchanges suspending withdrawals.
According to a company spokesperson, bitcoin (BTC) and crypto holders are “getting nervous about holding their...
CEL Jumps While Celsius’ Bankruptcy Protection Filing Reveals a Billion-Dollar Hole in Balance Sheet
15.7.2022
More troubling news is coming out regarding Celsius (CEL), as its so-called Chapter 11 bankruptcy protection filing on July 14 has revealed a deficit of close to USD 1.2bn for the crypto lender.
According to a new document filed with the U.S. Bankruptcy Court of the Southern District of New York...
Fasset Collaborates with Mastercard, New York Yankees' Bitcoin Deal, Tencent Shutters NFT Platform, Crypto Industry Donates to US Senator + More News
14.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Fasset Collaborates with Mastercard, New York Yankees' Bitcoin Deal, Tencent Shutters NFT Platform, Crypto Industry...