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Market Wrap: Bitcoin, Other Risk Assets Fall Again Following Disappointing Jobs Data
7.10.2022
Investors are nervous about rampant inflation prompting yet another massive rate hike by the Fed, and the economic damage that might cause. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Crypto cards to connect digital assets to the real world, says exec
7.10.2022
Simone Binotto Torre explained that some parameters like geography can make it difficult for crypto cards to have broader adoption
Fidelity Launches Ethereum Index Fund — Sees Client ‘Demand for Exposure to Digital Assets Beyond BTC’
7.10.2022
A filing with the U.S. Securities and Exchange Commission has shown that Fidelity looks to launch an investment product known as the Fidelity Ethereum Index Fund on October 4, 2022. While the new fund is not an exchange-traded fund it is said to be structured as a “traditional limited...
European Lawmakers Urge for Crypto Taxation, Use of Blockchain to Fight Evasion
7.10.2022
Members of the European Parliament have called for “effective taxation” of crypto assets and “better use of blockchain” to counteract tax evasion. A resolution aiming to achieve both objectives has been approved by a large majority which also wants small crypto traders...
Bitcoin․com Announces Public Sale of VERSE Ecosystem Token
6.10.2022
Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets, has announced that Sale B, or the public sale of the VERSE utility and rewards token, will begin on November 1, 2022. Verse will support people...
Mike McGlone Says Gold Price Is ‘Firming’ — Commodity Strategist Insists BTC, ETH Will ‘Outperform Most Major Assets’
6.10.2022
Over the last two days, Bloomberg Intelligence commodity analyst Mike McGlone published the firm’s commodity and crypto outlook reports, and McGlone’s latest analysis details that the price of gold could resume its rally after a foundation similar to 1999 is constructed. Moreover,...
Citigroup Director of Blockchain and Digital Assets to Leave for Six Digital Exchange
6.10.2022
Citigroup's director of blockchain and digital assets is leaving the U.S. bank to take a role at SIX Digital Exchange, Bloomberg reported Thursday
EU Council Endorses Markets in Crypto Assets (MiCA) Legislation
6.10.2022
Council of the EU, one of the European Union’s legislative bodies, has approved the proposed regulatory framework for the European crypto space. It’s now up to European lawmakers to approve the Markets in Crypto Assets package before its final adoption. Comprehensive Crypto Regulation...
From first downs to crypto: A former NFL player gets into digital assets
6.10.2022
Lewis Neal went from playing professional football to trading various asset classes before he found out about Bitcoin
Terra Founder Do Kwon Denies Assets Frozen by South Korean Authorities - Here's How Much
6.10.2022
“No funds have been frozen,” claims Terra founder Do Kwon in response to reports that some $67m of his crypto has been put in a metaphorical freezer by South Korean authorities.
After reappearing on social media just days ago, and following a massive, now infamous collapse of the Terra / LUNA...
BTC to outperform 'most major assets' in H2 2022 — Bloomberg analyst
6.10.2022
Global rate hikes are putting downwards pressure on asset prices, but Bitcoin is starting to outperform commodities and tech stocks
Namibian Central Bank: Virtual Assets ‘Remain Without Legal Tender Status’ but Merchants Can Still Accept Them as Payment
6.10.2022
The Bank of Namibia recently said it has brought virtual assets and virtual asset service providers under its fintech innovations regulatory framework, and that it plans to amend applicable laws and regulations. According to the central bank’s governor, there is an ongoing “battle...
South Korea Reportedly Freezes Do Kwon’s Crypto Worth $40M — Luna Founder Says the Funds Are Not His
6.10.2022
South Korean authorities have reportedly frozen $40 million in crypto assets, including bitcoin, allegedly belonging to Luna founder Do Kwon. However, Kwon denied that any funds of his have been frozen. “I don’t even use Kucoin and Okex, have no time to trade, no funds have been...
Crypto Touted by Kim Kardashian Climbs 124% After SEC Charges, Token Value Dumps the Next Day
5.10.2022
Following the U.S. Securities and Exchange Commission (SEC) charges against the socialite Kim Kardashian for unlawfully touting the crypto asset ethereummax, the digital currency jumped 124% in value. However, the ethereummax pump was followed by a massive dump as the cryptocurrency slid 47% lower...
FTX’s $1.4B bid on Voyager Digital assets: A gambit or a way out for users?
5.10.2022
FTX has bid $1.4 billion for Voyager Digital’s assets, looking to provide users a way out if they move to its platform, but there are risks
The Seventh Crypto Assets Conference to Take Place This October
5.10.2022
The world of digital assets is changing rapidly. Cryptocurrencies like Bitcoin and Ethereum mature, DeFi protocols and NFTs grow rapidly, Metaverse is the tech’s newest trend, the Digital Euro is being discussed frequently, and blockchain technology has more use cases than ever. Digital assets...
Binance and Kazakhstan to Share Information About Crypto-Related Crime
5.10.2022
Cryptocurrency exchange Binance has agreed to support Kazakhstan in ensuring the safe development of the country’s crypto market. The trading platform and Kazakhstan’s financial regulators intend to inform each other about cases involving the use of digital assets for illicit...
Top US Regulators Urge Congress to Pass Legislation on Crypto Assets
5.10.2022
The U.S. Financial Stability Oversight Council (FSOC), a group of the country’s top financial regulators, has urged Congress to pass legislation for the regulation of crypto assets. Treasury Secretary Janet Yellen said: “Crypto-asset activities could pose risks to U.S. financial...
Basel Committee: Banks worldwide reportedly own €9.4 billion in crypto assets
4.10.2022
The study found that banks mostly held volatile cryptocurrencies and had little exposure to stablecoins
Celsius Sets Date for Auction of Assets Following Bankruptcy
4.10.2022
Bankrupt crypto lender Celsius Network has set a timeline for the auction of its assets and will have a final bid deadline of October 17.
According to a filing with the US Bankruptcy Court, an auction will be held on October 20, if necessary. Cure and sale objection deadlines are set for October...