Bookmarking Crypto Insights
The price of an ounce of gold dropped dramatically this week, slipping under the $1,700 handle to $1,688 per ounce on August 8. On Monday, gold regained some of the losses jumping 2.36% back above the $1.7K region to $1,727 per ounce of fine gold. Gold’s Volatile Movements This Weekend Blamed on a Number of … Read more
Bitcoin’s break above the 200-day SMA suggests that the downtrend could be over and that may pull buyers back into altcoins. Go to Source Powered by WPeMatico
People familiar with the matter claimed Brett Redfearn’s departure was due to Coinbase shifting its priorities away from digital asset securities. Go to Source Powered by WPeMatico
Derivatives data show the market is dominated by longs and that top traders added leverage as BTC price rallied to $46,300. Go to Source Powered by WPeMatico
Five U.S. senators have been working with the Treasury Department and have come up with a compromise crypto amendment to the $1.2 trillion infrastructure bill. “We’ve worked with the Treasury Department to clarify the underlying text and ensure that those who are not acting as brokers will not be subject to the bill’s reporting requirements.” … Read more
Data from Cointelegraph Markets Pro shows IOTX, SXP and CVT racking up double-digit gains right as bulls pushed BTC price above $46,000. Go to Source Powered by WPeMatico
The new compromise amendment could still be added to HR 3684 through a unanimous consent request — provided not even one senator objects. Go to Source Powered by WPeMatico
The impact of tighter crypto reporting requirements in the digital asset provision of the Infrastructure Investment and Jobs Act will concentrate on cryptocurrency mining. Go to Source Powered by WPeMatico
The U.S. Securities and Exchange Commission (SEC) has charged Poloniex with operating an unregistered cryptocurrency exchange. Poloniex has agreed to a cease-and-desist order and to pay $10.34 million. SEC Hits Poloniex With Cease-and-Desist Order, Penalties The SEC announced Monday that “Poloniex LLC has agreed to pay more than $10 million to settle charges for operating … Read more
Pintu’s backers believe the exchange has the potential to become one of crypto’s leading brands in Indonesia and Southeast Asia more broadly. Go to Source Powered by WPeMatico
