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SEC begins formal review of Fidelity, SkyBridge Bitcoin ETF applications
27.5.2021
Fidelity’s Wise Origin Bitcoin Trust and the First Trust SkyBridge Bitcoin ETF are now under review by regulators, according to paperwork filed earlier this month
3 ways traders use moving averages to read market momentum
27.5.2021
The 20-day EMA and 50-day SMA are often used by traders to observe the market’s momentum and calculate the best time to enter and exit an asset
Worst UK bank for dealing with scams issues crypto scam alert
27.5.2021
NatWest issued a crypto scam warning to mobile banking users after reportedly receiving a record number of complaints in Q1
1inch integrates with Mercuryo, enabling fiat onramp to DeFi
27.5.2021
1inch Wallet users can now purchase DeFi assets through Mercuryo’s fiat onramp gateway
Andreessen Horowitz leads $40M investment round into crypto-trading platform
27.5.2021
Talos seeks to accelerate institutional adoption of digital assets. It now has some of the industry’s biggest backers supporting its mission
US SEC wants to work with Congress to regulate crypto exchanges
27.5.2021
SEC head Gary Gensler said that the authority spends only $325 million a year on tech, which is less than some industry players spend in two weeks
Lack of knowledge is main barrier to crypto adoption, new survey says
27.5.2021
55% of survey respondents said that they were aware of crypto despite never owning or using cryptocurrencies
Paypal to Allow Cryptocurrency Withdrawals to Third-Party Wallets
27.5.2021
Payments giant Paypal will soon allow its users to transfer cryptocurrencies away from its platform to third-party wallets, the company’s head of cryptocurrency reportedly revealed. Paypal has been seeing tremendous growth in its crypto business. Paypal to Support Crypto Transfers...
Spain Based Custodial Services to Report Ownership of Crypto Assets, According to New Law Draft
27.5.2021
A new law draft approved just today by the Finance Commission of the Spanish Congress would make Spain-based custody services report the ownership of the cryptocurrencies under management. The law, which was stuck in Congress for some time, aims to close a gap in the legislation that allowed some...
Federal Reserve Bank President Says Most Cryptocurrencies Are Worthless
27.5.2021
The president of the Federal Reserve Bank of St. Louis, James Bullard, says that most cryptocurrencies are “worthless.” He noted that if “cryptocurrency can facilitate transactions that are difficult to make in conventional currencies, then they will have a purpose and might...
Analyst says DeFi and stablecoins held up well as crypto markets imploded
27.5.2021
DeFi showed tremendous strength during last week’s sell-off as DEX activity and stablecoin stability prove the sector may be ready for mass adoption
Altcoins soar while Bitcoin and Ethereum price stall near key levels
26.5.2021
Altcoins moved higher while a lack of buy volume prevented Bitcoin and Ethereum price from breaking out after the completion of a bullish inverse head and shoulders pattern
Ontario Securities Commission Snuffs out Crypto Exchanges, Poloniex Targeted for Flouting Compliance
26.5.2021
The Ontario Securities Commission (OSC) published documentation on Tuesday that claims the Seychelles-based crypto exchange, Poloniex has failed to contact the OSC in order to start compliance discussions. Poloniex meets the OSC’s jurisdiction because the trading platform operates trading...
PayPal users will be able to withdraw crypto to external wallets
26.5.2021
Prior to Wednesday’s decision, PayPal users weren’t allowed to move their holdings off the platform
TechX acquires crypto-to-fiat gateway Mobilum for $13.2M
26.5.2021
Under the terms of the agreement, TechX will acquire a 100% stake in the digital wallet and payments technology company
Coinbase leads $6M funding for Indonesian crypto exchange
26.5.2021
Pintu is a new cryptocurrency exchange in Indonesia, licensed as a crypto broker under Bappebti and the Ministry of Communication and Informatics
US Regulators Urgently Working on Joint Cryptocurrency Regulation: Fed’s Quarles Says It’s ‘High Priority’
26.5.2021
U.S. government agencies are urgently working together on a joint regulatory framework for cryptocurrencies, Federal Reserve Vice Chair of Supervision Randal Quarles has confirmed. “We along with the OCC and the FDIC are engaged right now in what we are calling a sprint in seeking to pull...
UK ad organization bans crypto exchange's ‘time to buy’ Bitcoin advert
26.5.2021
Luno exchange agreed not to post their Bitcoin ads in their current form again and promised to ensure that future ads would carry a proper risk warning
Nebraska signs law to authorize state-chartered banks to custody crypto
26.5.2021
The bill was co-authored with the cryptocurrency firm Telcoin and introduced by Republican state senator Mike Flood
Central Bank of Nigeria Governor Says “Digital Currency Will Come to Life” but Attacks Volatile Cryptocurrencies
26.5.2021
Central Bank of Nigeria (CBN) governor, Godwin Emefiele, says digital currency “will come to life even in Nigeria” just a few months after the central bank ordered banks to stop serving the crypto industry. While acknowledging his country’s position as one of the leading crypto...