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Nalezeno "crypto assets": 1764

Market Update: Bull Trap Warnings After Bitcoin Shoots Above $18k Handle


Digital asset markets have recaptured some of the losses taken three days ago, as a great majority of the crypto economy has started to rebound after the market rout. Bitcoin has climbed above the $18k handle once again and a myriad of crypto assets are up between 1-6% during the last 24 hours....

End of Western Union Remittance Service to Cuba a Boon for Crypto


As new U.S. government measures that impose restrictions on remittances to Cuba becomes effective after November 22, Western Union, which has been operating in the island nation since 1999, will close shop. The new rule, which was published on October 27, gave Western Union 30 days to implement...

South Africa Unveils New Crypto Rules as Usage Soars Exponentially


The South African financial regulator has published a draft declaration of crypto assets as financial products. The regulator says South Africa has experienced “an exponential increase in the provision and use of crypto assets.” South Africa’s Crypto Regulation South...

Bitcoin Price Spikes Over 9% as the Crypto Asset’s Value Nears $15K


The crypto economy has jumped over the $400 billion mark and is now hovering around $414 billion at the time of publication. The largest crypto asset in terms of market cap, bitcoin has over 9% during the last 24 hours steadily marching toward the $15k zone. During the last 30 days, Bitcoin (BTC)...

Russian Public Officials Must Now Declare Their Crypto Holdings as Income


Public officials in Russia will now be required to declare all the crypto assets they hold as income. The measures are with effect from Jan. 1, 2021, local media reported. Russia’s prosecutor general Igor Krasnov declared: “Starting next year, civil servants will be required to declare...

Price Increase Drives 98% of Bitcoin Holders Into a State of Profit


The price of bitcoin jumped significantly on Wednesday after the payment processor Paypal announced cryptocurrency support. The jump in value has pushed a large number of bitcoin holders into a state of profit, according to Glassnode “percent of UTXOs in profit” statistics. Based on...

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