Why did Bitcoin fall below $33K? Coinbase whales might have the answer
A look at Coinbase Pro’s BTC price premium suggests that selling is underway on Thursday, as Bitcoin falls 7% in 24 hours. Go to Source Powered by WPeMatico
Month: January 2021
Dubai Financial Watchdog to Release Consultation Papers for a Crypto Regulatory Framework
The Dubai Financial Services Authority (DFSA) has unveiled its plans to create a regulatory framework for cryptocurrencies. The announcement was part of its 2021-2022 business agenda released this week. The Papers Will Be Released in the First Half of 2021 According to the watchdog, which regulates the Dubai International Financial Centre (DIFC), the upcoming crypto … Read more
Russian court order removes Binance website from regulator’s blacklist
The Binance website has been formally blacklisted in Russia since at least September 2020, but the restriction has not impacted Binance Russia trading. Go to Source Powered by WPeMatico
Former US Treasury Secretary Larry Summers Says Bitcoin ‘Is Here to Stay’
Former U.S. Treasury Secretary and economist Larry Summers says bitcoin is here to stay despite the concerns by some that it may be a bubble. The former secretary asserts that bitcoin’s price fluctuations are in fact a sign of its resilience. In his latest comments about bitcoin, Summers, who in 2016 became a senior adviser … Read more
Bitcoin double-spend spotted in the wild
BitMEX Research has identified what it believes to be a double-spent Bitcoin transaction… worth $21. Go to Source Powered by WPeMatico
Ethereum Could Touch $10,500 After Crypto Rises to Record High: Fundstrat Global
Fundstrat Global Advisors strategist David Grider predicts that the price of ethereum could rally to $10,500 per unit after the cryptocurrency set a new all-time high on Tuesday. The estimate implies a near 700% upside on the current ether price hanging above the $1,300 range. According to Grider, ether (ETH) – the second largest digital … Read more
Former Ripple advisor set to become Comptroller of the Currency: WSJ
President Joe Biden looks set to appoint another former crypto executive to head up the Office of the Comptroller of the Currency. Go to Source Powered by WPeMatico
83% of cryptocurrencies that peaked in 2018 are still down by 90%
Data compiled by Messari indicates that the 157 crypto assets that posted record highs in 2018 are still bumbling along at prices more than 90% down from their ATHs. Go to Source Powered by WPeMatico
Going long: 270K Bitcoin moved into storage in a month
Investors are in it for the long run, locking 270,000 BTC away over the last 30 days. Go to Source Powered by WPeMatico
Reports Show Crypto Custodian Xapo Set to be a Digital Bank in Gibraltar
According to a recent report, the cryptocurrency custodian Xapo is getting ready to become a “fully-fledged” bank in the British Overseas Territory of Gibraltar. The region located at the southern tip of the Iberian Peninsula has also been extending “regulatory guidelines for digital asset exchanges,” according to a partner at the international law firm Isolas … Read more
