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Investment Manager Guggenheim Warns of ‘Major Correction’ in Bitcoin
22.4.2021
Guggenheim CIO Scott Minerd has warned of a “major correction” in bitcoin in the near term. Claiming that bitcoin is “very frothy,” he is forecasting a 50% decline in the price of the cryptocurrency. Scott Minerd’s Latest Warning About Bitcoin The chief investment...
Samsung, Shinhan Card Workers ‘Quit Jobs after Making Crypto Fortunes’
22.4.2021
Source: Adobe/S_E
The South Korean mainstream media has found a new subject du jour – crypto. And all of today’s major newspapers carried reports on crypto fever 2.0, a wave of investment that has seen bitcoin (BTC) and altcoin buying go through the roof, eclipsing even the situation in late 2017...
South Korean Government Seeks to Regulate International Remittances Related to Crypto ‘Kimchi Premium’
22.4.2021
The famous gap in cryptocurrency prices in South Korean crypto exchanges and overseas ones known as “kimchi premium” raises some concerns among the nation’s government. The latest reports suggest that the country is planning to regulate international remittances tied to kimchi...
Sale of MTI Bitcoins in South Africa Briefly Wipes out Premium Buyers
22.4.2021
The premium or arbitrage gap on bitcoin in South Africa recently turned negative following the offloading of coins worth over $75 million by liquidators of MTI. As a result of the temporary supply glut, buying bitcoins on local South African exchanges briefly became cheaper than buying on overseas...
Norwegian authorities urge crypto users to declare earnings on upcoming return
21.4.2021
"Our experience is that most people will follow all laws and regulations, and we will help those who invest in crypto to do it right," said Marius Johansen
Facebook-Backed Crypto Diem Updates Launch Plan — Will Take a ‘Phased Approach’
21.4.2021
The cryptocurrency proposed by social media giant Facebook is gearing up to launch using a “phased approach,” its co-creator explains. The Diem Association, which oversees the crypto’s development, has been in talks with regulators to obtain a license. Diem Updates Launch Plan...
Former Amazon exec will become new CFO of crypto exchange Bitstamp
21.4.2021
Stephen Bearpark is a 3-year veteran of Amazon and former finance director for Barclays
Softbank-Backed Wework Adopts Crypto as Form of Payment and Holds in Balance Sheet
21.4.2021
Global space provider Wework has announced that it will now accept payment in select cryptocurrencies. The company has partnered with Bitpay and Coinbase for inbound and outbound transactions. In addition, the Softbank-backed company says it will also hold the currency on its balance sheet. Wework...
Bot-traded futures, explained
21.4.2021
How do bot-traded futures work, what are the top tips for success, and what are the common pitfalls to avoid? This explained article reveals all
Rothschild Investment Vehicle Doubles Down On Crypto, Invests In Kraken
21.4.2021
Source: a screenshot, Instagram/krakenfx
The Rothschild family has taken a further step into the world of crypto through its RIT Capital Partners venture – formerly the Rothschild Investment Trust.
It appears this investment – in the US-based crypto exchange powerhouse Kraken – was kept under...
Congress passes digital asset innovation act to clarify crypto regulations
21.4.2021
U.S. financial regulators will now work together to create modalities for clear-cut crypto regulations in America
How To Do Foreign Exchange Trading With Crypto - PrimeXBT
21.4.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Whether you are a trading pro or a beginner, forex trading is a great way to diversify your trading. Forex trading often has livelier markets than stock indices. It is a great way to find opportunities...
More Users Flock to Crypto in Argentina, Peru
21.4.2021
Crypto adoption is on the rise in South America, where Argentinians have opened at least two million crypto trading accounts, while Peruvian traders have broken new ground.
Per Infobae, a “number of industry sources reported” that Argentines have been increasing their crypto buying in recent...
BitGo expands crypto insurance to cover over $700M
21.4.2021
Institutional clients have shown strong demand for airtight and insured custody options
The Problem With Painting Blockchain With a Crypto Brush
21.4.2021
Blockchain’s underlying decentralized ledger technology has many practical applications, yet, the value of the technology itself has in practice become secondary to token capitalization. Speculation in Coins and Tokens Routinely Overshadows Promising Developments and Initiatives As major...
64% of US adults are interested in crypto, new survey shows
21.4.2021
The number of U.S. crypto investors is set to almost double in 2021, according to a new survey by Gemini
USA-Based Gemini Crosses $25B in Crypto Under Custody Tag
21.4.2021
Headquartered in New York City, Gemini Exchange, the regulated channel for crypto trading, has proudly announced that it has achieved the milestone of holding over $25 Billion in crypto under custody on the exchange. The crypto under custody score has more than doubled ever since the start of 2021...
Another South African Company Reveals Plans to List a Crypto ETF on Local Stock Exchange
21.4.2021
Fresh reports from South Africa suggest another local company, Sygnia, is set to apply to the Johannesburg Stock Exchange (JSE) to list a new cryptocurrency exchange-traded fund (ETF). This application will be the second time Sygnia has attempted to list the crypto ETF. A similar application...
Crypto Fraud Reports in South Korea Surged Over 41% in 2020, Says Financial Watchdog
21.4.2021
Although bitcoin prices plummeted over the weekend, the overall bull-run remains alive, as well as the crypto-related fraud cases in South Korea. The latest figures by the domestic financial watchdog show that such incidents are still on the rise. Police to Dedicate a Special Unit to Investigate...
‘Intense Crackdown’ until End of June as Seoul Fights Crypto Fraudsters
21.4.2021
A new joint South Korean police-government-regulator crackdown on crypto-related fraud and multi-level marketing (MLM) fraudsters will be complete “by the end of June,” authorities stated, as Seoul moves to stamp out bogus and illicit crypto operators.
Per Seoul Kyungjae and the Segye Ilbo,...