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Brexit as Crypto Case Study? Britain Contemplates Its CBDC
13.7.2020
The governor of the Bank of England acknowledged that the U.K. is considering the issuance of a CBDC
SEC and CFTC Fine Crypto Investment App for Offering Synthetic Assets
13.7.2020
U.S. regulators team up to fine and halt a crypto portfolio app offering synthetic exposure to traditional assets, which was not offered to U.S. investors
Covid-19 Forces Indians to Embrace Digital Payments but Country Still Lacks Crypto Regulation
13.7.2020
The global pandemic Covid-19 is forcing Indians to resort to digital payment platforms when settling bills as well as paying for groceries. Before the Covid-19 outbreak, Indian citizens largely ignored a 2016 government decree that attempted to achieve the same, reports The Economic Times of India....
SEC, CFTC Hit Crypto App Abra With $300K in Penalties Over Illegal Swaps
13.7.2020
The financial regulators both found fault with Abra offering security-based swaps without first checking to see whether investors were eligble
Crypto Market Sentiment Improves, Is Highest In A Month
13.7.2020
Crypto market sentiment is soaring as its combined moving 7-day average sentscore for the top 10 coins is reaching new short-term highs near the positive zone - a move not seen since the beginning of summer. This week, it stands at 5.77/10, compared with the last week’s neutral score of 4.94,...
Compound Tops $1B in Crypto Loans as DeFi Farmers Keep Digging for Yield
13.7.2020
Yield farming continues to push Compound to new heights. On Monday, the lending protocol topped $1 billion in loans issued
Crypto Exchange Cashaa Loses 336 Bitcoin Worth $3 Million to Hackers
13.7.2020
Cryptocurrency exchange Cashaa says it has lost 336 bitcoin (worth around $3.1 million) to hackers. The London-based platform has now ceased all crypto-related transactions, including withdrawals and deposits, as investigations into the breach get underway. In a tweet on July 11, Cashaa claimed...
Drop in Bitcoin ‘Whale’ Addresses Suggests Market May Be Decentralizing
13.7.2020
The number of bitcoin addresses holding at least 10,000 coins has dropped to 14-month lows alongside an uptick in lower-value addresses
Global Blockchain Gurus to Explore the Future of Blockchain and Crypto in Asia
13.7.2020
World Blockchain Summit is geared up to gather the most influential voices in the global blockchain and crypto community this July. Singapore, 06 July 2020: Having hosted multiple high-level conferences across the world, World Blockchain Summit (WBS) has established itself as World’s biggest...
Japanese Residents Have Cash to Spare, But is it Going into Crypto?
13.7.2020
The Bank of Japan reported the supply of money stock in circulation increased 6% in June following the receipt of economic relief payments
Inside the Craze for Filecoin Crypto Mining in China
13.7.2020
As Filecoin inches closer to a blockchain mainnet launch, investors in China are again speculating heavily on the network’s mining hardware and token prices
Altseason Imminent: ‘Most Altcoins Should Gain on Bitcoin Soon,’ Says Veteran Analyst
13.7.2020
During the last 30 and 90-day intervals, a number of altcoins have done much better than bitcoin, as far as price percentage increases are concerned. Last Thursday, the popular analyst Peter Brandt told his 360,000 followers that the price of ethereum saw a “significant breakout”...
Youtube Helps Scammers Steal $130,000 in Bitcoin From Investors Daily: Report
13.7.2020
Scammers raked-in $24 million in bitcoin during the first six months of 2020, according to a new report from crypto monitoring service Whale Alert. Cyber-thieves are finding it very easy to fool people of their bitcoin (BTC} because their schemes have become believably professional and aggressive...
Crypto Long & Short: Dogecoin, Market Manipulation and the Downside of a Coinbase IPO
12.7.2020
Noelle Acheson explains how the dogecoin rise exemplifies the creative destruction underway in markets, and what a potential Coinbase listing could mean for the development of crypto
‘Ferocious Rally’: Weiss Ratings Bullish on Bitcoin, Price to Hit $70K Next Year
12.7.2020
Weiss Ratings has outlined key reasons why investors should be bullish about bitcoin, seeing a “ferocious rally” with the price of the cryptocurrency expected to hit $70,000 next year. In addition, the Federal Reserve’s massive money-printing and institutional investments into...
US Dept of Homeland Security Buys Analytics Software From Coinbase
12.7.2020
Coinbase is selling its blockchain analytics software to the U.S. Department of Homeland Security and the U.S. Secret Service. Following criticisms from the crypto community, CEO Brian Armstrong defended Coinbase’s position. Coinbase Selling Analytics Software to US Government Public records...
Crypto Winter Could Really Be Over as New Bitcoin Starts to Bloom
12.7.2020
Although the cryptocurrency industry still has many needed improvements, it nevertheless seems to be on an upward trajectory
How the US and Europe Are Regulating Crypto in 2020
12.7.2020
Crypto regulation in 2020: The U.S. tightens regulation of crypto, while India has finally allowed banks to get involved with firms
Key Metrics Show Institutional Interest in Crypto Is High and Rising
12.7.2020
As institutions flock to crypto, here are the fundamental metrics that can be used to track their interest
Hyper-Stablecoinization: From Eurodollars to Crypto-Dollars
12.7.2020
Crypto-dollarization is the world's next best hope to meet its insatiable demand for U.S. dollars