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Crypto.com Launches Worldwide USD Deposits With Circle
29.6.2021
The renowned cryptocurrency exchange forum Crypto.com has entered into a partnership agreement with Circle, an international Fintech corporation, to allow deposits in USD at Crypto.com. Crypto.com has a client base that exceeds ten million, and it supports more than a hundred cryptocurrencies...
Report: South Africa Bars Transfer of Locally Acquired Cryptocurrencies to Overseas Exchanges, Offenders Face Jail Time
29.6.2021
Fresh reports from South Africa suggest that the transfer of locally acquired cryptocurrencies to overseas crypto exchanges will now be subject to the country’s exchange control regulations. Consequently, transactions where an individual purchases crypto assets in South Africa and uses them...
JPMorgan Says Crypto Market Is Healing, Expects More Price Decline Before Capitulation
29.6.2021
JPMorgan Chase has released an investor note stating that the cryptocurrency market appears “to be beginning the process of healing.” In the short term, however, the JPMorgan analysts expect further sell-offs before capitulation. JPMorgan’s Crypto Market Outlook JPMorgan...
Jefferies’ Equity Strategist Expects Accommodating US Crypto Regulation Unlike China’s Authoritarian Model
29.6.2021
The head of global equity strategy at Jefferies, an investment bank and asset management firm, says that cryptocurrency regulation in the U.S. would “ultimately be very positive” for bitcoin or other crypto assets. It will also be more accommodating than China’s authoritarian...
Bears back off, but Bitcoin price still wavers below $35K
29.6.2021
Bitcoin price briefly surged above $35,000 to spark a relief rally in altcoins but a number of bearish factors still surround BTC
Faze Clan Members Skewered By Fans Following Huge Crypto Losses
28.6.2021
Faze Clan, a video game group known for its vlogs and streetwear releases, is under hot water over cryptocurrency endorsements that have cost fans money. While a scam has not been outright proven, many are questioning whether or not members of the group capitalized on their fame to put a...
Huobi Prohibits Chinese Residents From Leveraging Cryptocurrency Derivatives
28.6.2021
The Seychelles-based cryptocurrency exchange originally founded in China, Huobi, has officially banned Chinese residents from swapping cryptocurrency derivatives, according to the company’s revised user agreement. China is now listed as prohibited and residents from the country are forbidden...
Germany’s financial watchdog approves crypto custody license for Coinbase
28.6.2021
Since January 2020, all crypto firms operating in the German market have required BaFin approval
China’s Oldest Exchange Exits Bitcoin Business Amidst Regulatory Pressures
28.6.2021
BTCC, ostensibly the first cryptocurrency exchange established in China, exited the bitcoin trading business last week. According to statements, this was the result of the continued regulatory pressure Beijing is exerting on cryptocurrency businesses. The company will now transition...
Ethereum looks to retake $2K days before London hard fork — Big breakout ahead?
28.6.2021
The world's second-largest cryptocurrency also surged in tandem with positively correlated Bitcoin, the flagship digital asset
Will El Salvador Accept Multiple Altcoins?
28.6.2021
Cardano’s CEO Requests to Visit the Country After Adding 50,000 Staking Addresses While the crypto sector is trying to stabilize its proceedings, countries like El Salvador are still putting faith in it. The nation is known to support cryptocurrencies as it became the first to accept Bitcoin...
Operator of China’s first Bitcoin exchange reportedly exits crypto
28.6.2021
BTCChina has reportedly sold its stake in the Singapore-registered Bitcoin exchange ZG.com
Europol Cracks Down on Vitae Belgian Ponzi Scheme, Recovers €1.5 Million in Crypto
28.6.2021
Europol, the EU law agency, cracked down on Vitae, a Belgian Ponzi scheme. Europol raided 17 locations related to the website, promoted as a social media site with its own cryptocurrency. The company operated in Switzerland under the name VITAE AG. Law enforcement officials recovered €1.1...
Mexico’s Third Richest Man Recommends Bitcoin, His Bank Is Working to Accept BTC, Says Fiat Money Is a Fraud
28.6.2021
Ricardo Salinas Pliego, Mexico’s third-richest man and founder of Grupo Salinas, sees bitcoin as an asset with extraordinary properties, describing the cryptocurrency as “gold for the modern world.” He recommends bitcoin, thinks that fiat money is a fraud and the idea of the U.S....
John McAfee’s Hideout Was a Secret Bitcoin Mining Farm
28.6.2021
John McAfee was reportedly hiding out in a Spanish “ghost hotel” with a bitcoin mining farm in the basement prior to his arrest. Clues from images and messages the antivirus tycoon posted on social media point to a semi-abandoned hotel owned by a Russian. ‘Ghost Hotel’ With...
Crypto Industry Will Benefit From Tighter Regulation, Says Law Professor
28.6.2021
The chairman of International Banking Law and Finance at the University of Edinburgh, professor Emilios Avgouleas, says that tighter crypto regulation will benefit the industry in the long run. He is bullish about the prospects of cryptocurrencies becoming widely used around the world. Tight...
UK financial watchdog orders Binance to halt 'regulated activity' in the country
27.6.2021
The cryptocurrency exchange has until Wednesday to comply with the Financial Conduct Authority
Ontario Crackdown on Crypto Exchanges Continues With Binance Leaving the Province
27.6.2021
Cryptocurrency exchange Binance will no longer provide services in the Canadian province of Ontario. The decision comes amid ongoing regulatory pressure on digital asset trading platforms that has already affected the operations of several exchanges. Crypto Exchange Binance Exits Canada’s...
Iran Counts 30 Crypto Mining Farms Licensed to Mint Digital Currencies
27.6.2021
Iranian authorities have so far authorized 30 facilities for cryptocurrency mining. The crypto mining farms are spread across several regions, including Tehran Province. The government has put out the data amid a crackdown on illegal miners in the country. A Third of Authorized Mining Farms...
Guggenheim CIO Predicts ‘Real Bottom’ of Bitcoin, Warns BTC Price Could Fall to $15,000
27.6.2021
The chief investment officer of asset management firm Guggenheim, Scott Minerd, thinks he knows where the real bottom of bitcoin’s price is. He warns that the price of the cryptocurrency could fall to the $15K level. Guggenheim’s Scott Minerd Sees Bitcoin Bottom The chief investment...