Search
US Regulator Tells Credit Unions They Can Team Up with Crypto Firms
22.12.2021
America’s credit regulator, the National Credit Union Administration (NCUA) has told domestic credit unions that they can partner with third-party cryptoasset service providers to give their members access to crypto markets.
The NCUA outlined its stance on crypto in an open letter to unions...
Bitcoin Nears USD 50K, Ethereum Moves Higher, XRP and LUNA Rally
22.12.2021
Bitcoin price gained pace for a move above the USD 48,500 resistance zone. BTC even cleared the USD 49,200 zone and moved above USD 49,800 before correcting lower. It is currently (04:40 UTC) trading near USD 49,400 and it seems like the price could test USD 50,000 once again....
Read More:...
Russia Still No Closer to Regulating Crypto Despite Central Bank ‘Concession’
21.12.2021
Russia’s staunchly anti-crypto Central Bank has spelled out its “vision” for crypto regulation – but the painfully slow process of formulating a regulatory framework appears to be frustrating even the parliamentarian charged with creating legislation for the sector....
Read More: Russia Still...
VCs Fight Back as Jack Dorsey, Elon Musk Attack ‘Web3’ Narrative
21.12.2021
A fresh Twitter discussion about whether ‘Web3’ is something worth fighting for, or if it’s simply a term made up by venture capitalists as way to make money, is taking the crypto community by storm today - as everyone from Jack Dorsey to Elon Musk and well-known venture capitalists joined...
Bitcoin and Ethereum Inch Higher, AVAX Rallies
21.12.2021
Bitcoin price started a fresh increase from the USD 45,500 support zone. BTC was able to clear the USD 46,500 and USD 47,500 resistance levels. It is currently (11:54 UTC) trading above USD 48,900 and there could be more upsides in the near term....
Read More: Bitcoin and Ethereum Inch Higher, AVAX...
Bitcoin and Ethereum Accelerate, YFI Extends Gains
21.12.2021
Bitcoin price extended decline below the USD 46,500 level. However, BTC bulls remained active near the USD 45,500 support zone. It is currently (04:22 UTC) up 3.5% in a day and is trading above USD 48,500 again.
Similarly, most major altcoins are also correcting higher. ETH is inching higher above...
First Crypto Investment Outflows in 17 Weeks, MicroStrategy's BTC Strategy + More News
20.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: First Crypto Investment Outflows in 17 Weeks, MicroStrategy's BTC Strategy + More News
20% of Bitcoin Hashrate Is ‘Still in Mainland China,’ Report Claims
20.12.2021
As much as 20% of the world’s total bitcoin (BTC) mining hashrate may still be based in Mainland China despite September’s crackdown, a new report has indicated.
Although Beijing has been seeking to make an example of miners who continue to defy its blanket ban on mining, authorities in...
Breaking All Records: VC Funds Injected USD 30B In Crypto This Year
20.12.2021
Venture capital (VC) funds invested some USD 30bn into crypto this year, exceeding almost fourfold the amount recorded in the previous record year of 2018, and injecting more funds into the industry than in all the previous years combined, according to data from financial data and software...
Asian Sellers Weighing on Bitcoin Price, But Possibly Not for Much Longer
20.12.2021
The bitcoin (BTC) price on average moves markedly lower during Asian business hours than it does during the European and US business hours, indicating that significant selling pressure is coming from Asian investors, new data from on-chain analytics firm Glassnode suggests....
Read More: Asian...
Paraguay: Bitcoin & Crypto Mining Bill Passes Senate, Heading to Lower House
20.12.2021
Crypto advocates have secured a remarkable victory in Paraguay, with a piece of crypto mining legislation – a private member’s bill – passing a vote in the Senate with a resounding majority....
Read More: Paraguay: Bitcoin & Crypto Mining Bill Passes Senate, Heading to Lower House
Bitcoin and Ethereum Trend Lower While XRP Gains Pace
20.12.2021
Bitcoin price failed to gain strength above the USD 48,500 resistance level. BTC started a fresh decline and traded below USD 47,500. It is currently (04:24 UTC) showing bearish signs and there is a risk of more downsides below USD 46,500.
Similarly, most major altcoins are moving lower....
SBI Subsidiary ‘to Launch Japan’s First Bitcoin, Altcoin Fund’ for Individual Investors
18.12.2021
The Japanese financial giant and crypto heavyweight SBI Holdings has unveiled the nation’s first crypto fund for individual retail investors – although they will need to have deep pockets if they want to take part....
Read More: SBI Subsidiary ‘to Launch Japan’s First Bitcoin, Altcoin Fund’...
Polygon & Reddit Co-Founder Go For Web 3.0, Career Moves + More News
17.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Polygon & Reddit Co-Founder Go For Web 3.0, Career Moves + More News
Scammers Stole USD 7.7B in Crypto in 2021 Amid Rug Pull Surge - Chainalysis
17.12.2021
Scams continue to generate the largest stream of cryptocurrency-based crime by transaction volume, with more than USD 7.7bn worth of crypto stolen from victims across the world so far this year, according to a recent report by blockchain analysis company Chainalysis....
Read More: Scammers Stole...
Binance and FTX Competing for Landmark Barcelona Shirt Sponsorship Deal – Report
17.12.2021
Two major crypto exchanges – Binance and FTX – are preparing to go head-to-head in a battle to become the main shirt sponsor of the football giant FC Barcelona, a new report has claimed.
The existing ties between the cash-strapped club and crypto are already substantial. The Catalan club’s...
Half of Surveyed Millennial Millionaires Set to Buy Even More Bitcoin, Ethereum in 2022
17.12.2021
The majority of millennial millionaires hold the bulk of their assets in cryptocurrencies, and they say they aim to purchase more crypto next year in spite of the recent price drops, according to a survey carried out by the US broadcaster CNBC.
As much as 83% of millennial millionaires...
Russia: Total Ban on Crypto Ownership Still on Table, Says Top Official
17.12.2021
Russian lawmakers’ seemingly endless quest to introduce crypto regulation in the country could culminate in a complete ban on the ownership and purchase of coins, says the elusive regulation’s chief architect....
Read More: Russia: Total Ban on Crypto Ownership Still on Table, Says Top Official
Bitcoin and Ethereum Move Lower Again, LUNA and MIOTA Outperform
17.12.2021
Bitcoin price recovered above the USD 48,500 resistance level. However, BTC struggled to gain pace for a move above the USD 49,500 level. It is currently (04:30 UTC) trading below USD 47,900 and there is a risk of a move below USD 47,000.
Similarly, most major altcoins are also moving lower....
Upbit Operator Posts Record Profits, Eyes US Expansion
17.12.2021
The South Korean crypto exchange operator Dunamu is set to accrue a tax bill of a whopping KRW 1trn (USD 843m) following the most successful year yet for its Upbit trading platform.
According to Donga, Dunamu posted cumulative operating profits of USD 2.2bn in the first three quarters of...