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Traders watch for a trend reversal after Ethereum price drops to $4,100

17.11.2021
ETH’s 13% drop to $4,100 led to $200 million in futures liquidations, but pro traders still have reason to stay long and strong

DOJ Selling Cryptocurrency Seized From Bitconnect Worth $56 Million

16.11.2021
The U.S. Department of Justice (DOJ) is selling cryptocurrency worth $56 million that was seized from the “number one promoter” of Bitconnect, the largest crypto fraud scheme ever charged criminally. Investors were fraudulently induced to invest over $2 billion. The Bitconnect...

US Justice Dept is selling $56M in crypto to compensate victims of BitConnect’s fraud

16.11.2021
“This liquidation is the largest single recovery of a cryptocurrency fraud by the United States to date,” said the Justice Department

Ripple outlines possible regulatory framework for crypto industry in US

16.11.2021
Innovation sandboxes, applying existing frameworks on crypto, and communication between the public and private sectors were included in Ripple's suggestions

Israel's AML Authority and Europol Zoom In On Crypto

16.11.2021
Israel’s Money Laundering and Terror Financing Prohibition Authority (IMPA) has announced that new, tightened regulations will now apply to cryptoassets, fintechs, and various other financial products. The measures are designed to introduce more regulatory clarity and coherent standards, according...

Federal Reserve Governors Don’t See Reason to Issue Central Bank Digital Currency

16.11.2021
At least three Federal Reserve governors have said that they do not see a reason for the Fed to issue a central bank digital currency (CBDC). The Fed is currently putting together a report on a digital dollar to be released in the near future. Fed Governors Doubt Need for Digital Dollar Federal...

Russian MPs Want Central Bank to ‘Consider Crypto’s Spread’

16.11.2021
Russian lawmakers and regulators are pressing for crypto change, but will likely have to contend against a familiar foe in all things crypto-related in the country – the staunchly anti-crypto Central Bank. In an interview with RIA Novosti, Alexey Savatyugin, the Auditor of the Accounts Chamber...

Investments in Bitcoin Increased, in Ethereum - Dropped + More News

16.11.2021
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: Investments in Bitcoin Increased, in Ethereum - Dropped + More News

Indian Prime Minister Modi Chairs Crypto Meeting After Consulting With RBI, Finance Ministry

16.11.2021
Indian Prime Minister Narendra Modi has reportedly chaired a comprehensive meeting on cryptocurrency and related issues in India. The meeting was an outcome of a consultative process involving the central bank, the Reserve Bank of India (RBI), the Ministry of Finance, and the Home Ministry. PM Modi...

Overleveraged Traders Flushed Out, 'Bullish Market Structure Intact'

16.11.2021
The crypto market saw heavy selling across the board today in a deleveraging event that followed the signing of a new infrastructure bill that targets crypto users in the US, and signals from Twitter that the company is not looking to buy bitcoin (BTC) at the moment.... Read More: Overleveraged...

Binance Releases Bill of Rights for Crypto Users

16.11.2021
Changpeng Zhao (CZ), CEO of major crypto exchange Binance, said that the firm aims to set up headquarters and regional offices around the globe in a move to shift away from a "technology company to a financial services company." Along those lines, the exchange published a 'crypto bill...

US Infra Act: Cryptoverse Says the Fight Isn’t Over, But Things Could Get ‘Messy’

16.11.2021
Crypto advocates have vowed to keep fighting the controversial Infrastructure Investment and Jobs Act despite the fact that the United States President Joe Biden signed the act into law on Monday, leaving much-maligned “digital asset broker” status clauses intact.... Read More: US Infra Act:...

Crypto Can't be Stopped, but Must be Regulated, Indian Lawmakers Conclude

16.11.2021
The latest meeting - that had India’s parliamentary standing committee on finance discussing crypto-related issues with the industry’s representatives for the first time - saw the lawmakers concluding that it was impossible for the authorities to stop the crypto sector’s growth in the country,...

Huobi Token Sees Strong Performance Followed by Loss on Red Day for Crypto Market

16.11.2021
Crypto exchange Huobi Global’s own cryptocurrency huobi token (HT) rose in an otherwise red crypto market today, before falling along with the rest of the market. The changes follow news that Huobi is moving its spot trading services to Gibraltar.... Read More: Huobi Token Sees Strong Performance...

China warns state-owned enterprises to cease involvement in Bitcoin mining

16.11.2021
China is considering imposing harsh penalties on state-owned firms that continue mining cryptocurrencies

BTC Markets hires former ASX and Tyro executives to advisory board

16.11.2021
David Raper and Garry Duursma will be joining the advisory board at Australia’s largest crypto exchange, BTC Markets

Bank of England’s Cunliffe: Crypto Threat to Financial Stability ‘Getting Closer’ — Urges Regulators to Act Now

16.11.2021
Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrency is getting closer to posing a threat to global financial stability due to the sector’s rapid growth. Crypto is also being integrated into the traditional financial system at...