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Nalezeno "bitcoin news": 10985

'More Work to Be Done' as EU Imposes Strict New Crypto Regulations

1.7.2022
After the EU has reached an agreement on cryptoasset regulation that sets out strict rules for all actors in the crypto market, the crypto industry reminds itself that there's still "more work to be done."... Read More: 'More Work to Be Done' as EU Imposes Strict New Crypto Regulations

FTX and Ledn Compete for Troubled BlockFi - Reports

1.7.2022
Both major crypto exchange FTX and crypto lender Ledn have reportedly joined the race for a stake in the troubled crypto lender BlockFi. Bloomberg and CNBC reported about the ongoing negotiations between BlockFi and FTX. According to CNBC's undisclosed sources, FTX is close to finalizing a term...

Bitcoin and Ethereum Trim Gains After Strong Jump, AR and AMP Rally

1.7.2022
Bitcoin tested the USD 18,800 support zone, where the bulls emerged and pushed the price above USD 20,500 before going lower again. BTC is currently (04:09 UTC) trading near USD 19,600 and is still down 3% in a day and almost 5% in a week.... Read More: Bitcoin and Ethereum Trim Gains After Strong...

South Korean Bankruptcy Court Warns of Coming Surge in Crypto-related Cases

1.7.2022
South Korean courts are bracing for a wave of crypto-related bankruptcies – and have created a “working rule” that will help them deal with cases involving individuals who have fallen foul of crypto investments gone wrong.... Read More: South Korean Bankruptcy Court Warns of Coming Surge...

Crypto Platforms Kick Off New Wave of Recruitment

30.6.2022
Several major crypto companies have commenced a new wave of recruitment amid sour market conditions. Major crypto exchange Kraken is leading the crypto recruitment charge with 650 new positions added over the past week in the US and the UK. The positions are all full-time and remote, according...

OKX Lures More Institutions with New Trading Feature

30.6.2022
Crypto exchange OKX is adding a new feature to make it easier for institutions to make large trades without risking price slippage. According to an announcement from OKX on Thursday, the new feature, known as OKX Block Trading, will allow large orders to be transacted “in bulk.” A bulk order is...

Basel Committee Warms Up to Bitcoin & Crypto With More Flexible Proposal

30.6.2022
After receiving criticism from industry players last year for being too conservative, a committee at the Bank for International Settlements (BIS), has proposed a cap on how much exposure traditional banks can have to cryptoassets “where there is no counterparty.” According to a new consultation...

Bitcoin and Ethereum at Make-or-Break Levels, DOGE Outperforms

30.6.2022
Bitcoin price followed a bearish path below the USD 21,000 level. BTC extended losses and settled below the USD 20,500 level. It is currently (04:09 UTC) consolidating near USD 20,100 and is down 1% in a day and is almost unchanged in a week. Similarly, most major altcoins are trading in a bearish...

Major Bitcoin ETF Legal Battle Begins as Grayscale Sues SEC

30.6.2022
One of the biggest bitcoin (BTC) and crypto investment companies, US-based Grayscale Investments, sued US Securities and Exchange Commission (SEC) after it rejected its application to convert the Grayscale Bitcoin Trust (GBTC), the world's largest BTC fund, to a spot exchange-trading fund...

We Now Understand How Little We Understand About Inflation – Fed’s Powell

29.6.2022
The current high levels of inflation in both the US and Europe have given central bankers an opportunity to “understand better how little we understand about inflation,” US Federal Reserve (Fed) chair Jerome Powell said. Speaking at the European Central Bank’s (ECB) Forum on Central Banking...

MicroStrategy Is Back - Saylor Buys the Dip, Adds 480 Bitcoin for USD 10M

29.6.2022
Michael Saylor’s company MicroStrategy has taken advantage of the currently low bitcoin (BTC) price by adding another BTC 480 to its coffers. The bitcoin purchase, worth around USD 10m, was made at an average price of USD 20,817 per coin, above the market price at the time of writing (12:20 UTC)...

Neobank K-Bank May Have to Postpone IPO Plan as Crypto Winter Bites

29.6.2022
An up-and-coming South Korean bank appears to be suffering from the crypto market’s volatility – and may have to shelve its initial public offering (IPO) plans if crypto winter continues. Per ENews Today, K-Bank, the banking partner of the market-leading crypto exchange Upbit, is “experiencing...

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