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Analysts Discuss Bitcoin Over-the-Counter Desks Bubbling With BTC Demand


Digital currency markets have been gathering gains again moving past the lows seen a few weeks ago. This week crypto traders have been discussing over-the-counter (OTC) desks bubbling with demand for bitcoin as the co-founder of 21st Paradigm explained, “high net worth individuals [and]...

IT Specialist Caught Mining Cryptocurrency at Police Headquarters in Poland


Polish police have uncovered a secret crypto mining operation at their headquarters in Warsaw, local media reported. An IT specialist accused of minting digital coins on police computers has been dismissed and the case has been handed over to the Prosecutor’s Office. Polish Police Force Fires...

Big Investors Are Pushing up Valuations of Crypto Firms


Venture capital firms and large investors are driving up the prices of crypto startups. Boutique investment firms and family offices are being elbowed out by big venture capital firms, private equity funds, and even some pension funds. VC Firms Driving Up Prices of Crypto Startups Cryptocurrency...

Kentucky Regulators Crack Down on Blockfi Interest-Bearing Accounts


The crypto lender Blockfi is now dealing with regulators from five states as Kentucky has joined the fray against the firm’s Blockfi Interest Accounts (BIAs). On July 30, Blockfi shared a statement on Twitter that explained the Kentucky Department of Financial Institutions (DFI) has sent...

'Don't Be Lulled' as European Commission Mulls a Crypto KYC Trap


While the European Commission (EC) says it is not targeting non-custodial crypto wallets, their new set of legislative proposals would still affect such users and the whole nascent sector. Niklas Schmidt, a lawyer and partner with the Austrian law firm Wolf Theiss, told Cryptonews.com that “in...

Bitcoin Noobing, Asset Teasing and 20 Crypto Jokes


Another fun cryptoweek is behind us. The boss of the world's biggest listed hedge fund firm made bitcoin noob mistakes again, while the boss of a major fund manager said people should have exposure to BTC. Goldman Sachs DeFi ETF became a source of confusion, while Ripple deepened its relationship...

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