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Banning cryptocurrencies to counter crime is a nonsensical excuse
24.6.2021
Cryptocurrencies represent far less of a market for criminals compared to traditional finance, so crypto bans won’t solve the problem
After Years of ASIC Manufacturing Canaan Expands to Bitcoin Mining in Kazakhstan
24.6.2021
Canaan Inc., the crypto mining rig manufacturer based in Beijing, has announced the company plans to mine cryptocurrencies in Kazakhstan. The company says that the firm’s next-generation Avalonminer mining rigs are already deployed in the world’s largest landlocked country. Canaan Joins...
BIS: Cryptocurrencies Are Often Used in Financial Crimes, Money Laundering, Ransomware Attacks
24.6.2021
The Bank of International Settlements (BIS) says that it is now clear that cryptocurrencies are not money but speculative assets, emphasizing that in many cases they are used “to facilitate money laundering, ransomware attacks, and other financial crimes.” BIS Criticizes...
3 things traders are saying about Bitcoin and the state of the bull market
24.6.2021
Contrarian Bitcoin analysts pinpoint three reasons why they are still bullish on BTC price for the short and long-term
Lloyds Auctions Australia Sells a Pricey Caravan for Cryptocurrency
23.6.2021
Australia’s Lloyds Auctions now accepts major cryptocurrencies for any of the items offered on its marketplace. Within hours of the announcement, the auction house managed to sell an expensive caravan (camper/trailer) to a bidder who was happy to pay the full price with digital coins....
Crypto market cap recovers $76B, altcoins rally after Bitcoin hits $34K
23.6.2021
Bitcoin’s quick recovery to $34,800 ignited a rally in altcoins, boosting the total crypto market capitalization by $76 billion
Senator Cynthia Lummis excited to buy the Bitcoin dip
23.6.2021
The conservative Republican from Wyoming plans to buy more BTC if the price drops further
How Unstoppable Domains is Accelerating the World’s Transition to Cryptocurrency
23.6.2021
The goal of cryptocurrencies is to give financial freedom back to the individual. In order to fully realize this vision, the world of crypto must remove its major barriers to entry. One of the biggest challenges for those new to the space is sending and receiving payments. This intimidating process...
Bitmain reportedly suspends Bitcoin miner orders amid booming secondhand supply
23.6.2021
By postponing the sales, Bitmain aims to help miners exiting the industry get better prices for mining equipment
Coinbase Approved to Enter Japanese Cryptocurrency Market
23.6.2021
Coinbase is now registered as a cryptocurrency exchange to operate in Japan. The Japanese financial regulator has approved Coinbase to trade five cryptocurrencies. Japan’s top financial regulator, the Financial Services Agency (FSA), announced last week that it has registered Coinbase as...
SEC delays decision on Valkyrie Bitcoin ETF
23.6.2021
Valkyrie Digital Assets filed with the SEC for listing its Bitcoin ETF on the New York Stock Exchange in January
Nasdaq Dubai rolls out trading for 3iQ’s Bitcoin Fund
23.6.2021
3iQ launched its Bitcoin Fund trading on Nasdaq Dubai after receiving regulatory clearance for a dual listing in April
South Africa Bank Blocks Clients From Buying Crypto on Binance, Exchange Rejects Allegations
23.6.2021
A South African bank, Absa, has reportedly blocked use of its credit cards for users buying cryptocurrencies on international exchanges, according to one media report. The claims come after clients of the financial institution reported receiving a text message informing them of the suspension...
Waste Coal-Converting Bitcoin Miner Stronghold Digital Mining Raises $100 Million
23.6.2021
On Tuesday, Stronghold Digital Mining, Inc., an ESG-friendly cryptocurrency miner announced it has raised $105 million in two private equity securities funding rounds. Stronghold’s operations convert waste coal into alternative energy in order to mine bitcoin and other cryptocurrencies....
Bitcoin price bounces to $33K but analysts say ‘it’s too early’ to call a bottom
23.6.2021
Dip buyers stepped in as Bitcoin price fell to $29,000 but analysts caution that China’s crackdown on BTC mining and a lack of buy volume mean the crypto market has not found a bottom yet
Institutional exchange launches crypto debit card
22.6.2021
Touted for its ability to allow users to "leverage the digital assets in their day-to-day lives,” the Bakkt Visa debit card is now available for online and in-store purchases
Privacy Is Key for Successful Digital Euro, Data Protection Body Says
22.6.2021
The European Data Protection Board (EDPB) has issued a call for EU institutions to uphold privacy when designing a digital version of the euro. The agency is ready to provide advice on data protection matters surrounding the project. Meanwhile, an ECB executive has vowed that the digital euro will...
MicroStrategy stock tanks with Bitcoin as S&P 500, Nasdaq rally
22.6.2021
MSTR shares declined by as much as 12% on Tuesday as the broader U.S. stock market showed signs of strength
Bitcoin price clings to $32K as on-chain metrics hint at further downside
22.6.2021
China’s continued crackdown on Bitcoin mining and OTC transactions, along with prolonged technical weakness, triggered BTC’s drop to a 6-month low
Norwegian FSA sees urgent need for crypto investor protection
22.6.2021
Norway’s Financial Supervisory Authority says it only supervises crypto companies for money laundering