Classic bearish chart pattern forms for Bitcoin as BTC price tumbles to $32K
Bitcoin flashes a classic bearish technical pattern that could crash BTC prices to below $20,000. Go to Source Powered by WPeMatico
Month: June 2021
Bank TSB set to bar 5.4M customers from buying crypto
Bank TSB is set to become the latest financial institution in the United Kingdom to prevent customers from investing in crypto. Go to Source Powered by WPeMatico
New World Bank Report: Nigeria’s Exchange Rate Policies Fueling Inflation, Affecting Food Prices
Nigeria’s use of multiple exchange rates regimes may have contributed to a rise in the country’s inflation rate, the latest World Bank report has said. In addition, the report says ongoing restrictions on the use and movement of foreign exchange are “further pushing up prices of food and agricultural inputs like fertilizer.” Misaligned Exchange Rates … Read more
Crypto is the most dangerous investment, Bank of Russia governor says
The governor of the Bank of Russia has maintained a tough stance on Bitcoin despite growing criticism of how the bank has handled digital asset regulation. Go to Source Powered by WPeMatico
Banks fall in line as China’s central bank cracks down on crypto accounts
AgBank — the world’s third-largest bank by assets — has indicated it will follow the PBoC’s cue and work to stamp out its clients’ crypto-related activities. Go to Source Powered by WPeMatico
Signature Bank’s Blockchain Payment Platform to Accept Trueusd Stablecoin
As Signature Bank expands its commercial banking offerings, the trueusd stablecoin has been integrated with its Signet blockchain-based digital payment platform to deliver instant dollar payments. Signet Integration to Deliver 24/7 Dollar Payment and Settlement As more enterprises flirt with the idea of blockchain-based products and services, stablecoins are one of the areas of fascination … Read more
Banque de France tests digital currency-based securities settlement
The Bank of France has completed a central bank digital currency pilot for securities transactions in collaboration with Swiss crypto bank SEBA. Go to Source Powered by WPeMatico
China’s 3rd largest bank ‘rugs’ BTC: 5 things to watch in Bitcoin this week
A statement threatening account closures for crypto activity causes mayhem before being deleted minutes later as FUD rules supreme on Bitcoin markets this week. Go to Source Powered by WPeMatico
Iran government reportedly bans local blockchain association
A crypto warning list is the main cause of the ban, according to the head of the Iran Blockchain Community. Go to Source Powered by WPeMatico
Former LA Dodgers owner earmarks $100M for blockchain-based social media
The use of blockchain could discourage bad behavior because people would be tied to their posts forever, Frank McCourt said. Go to Source Powered by WPeMatico
