Russia aims to replace US dollar reserves with digital assets in long term
Last week, the Russian president said it was “a bit early” to use cryptocurrencies to settle oil trades. Go to Source Powered by WPeMatico
DIGIT
Brazilian Asset Manager Kinea Makes Exploratory Investment in Ethereum
One of the biggest asset managers in Brazil, Kinea, disclosed it made an exploratory investment in Ethereum. The announcement was made by Marco Aurélio Freire, manager of funds for Kinea, who stated the company had invested a small amount of its holdings in ethereum starting two months ago. Kinea, the investment arm of Banco Itau, … Read more
The differences in trading in a bullish and bearish market, explained
Understanding the difference between bullish and bearish markets can help traders minimize risk in their investment portfolio. Go to Source Powered by WPeMatico
BTC price is up 50% since China ‘selflessly’ banned Bitcoin mining
No amount of “FUD” can keep Bitcoin down, and China has once again given bulls a boost with its bans. Go to Source Powered by WPeMatico
French central bank pilots blockchain-based CBDC for debt market
Led by Belgian financial services firm Euroclear, the latest French CBDC trial involved a system by tech giant IBM. Go to Source Powered by WPeMatico
National Police in Spain Warn of Surge in Cryptocurrency-Related Scams
The National Police have issued a warning for a wave of cryptocurrency-related investment scams in Spain. The amount that has been lost in these kinds of investments recently is €240,000 related to just two complaints. However, there has been a rise in the complaints presented by citizens due to the popularity that these financial instruments … Read more
Crypto lender Nexo confirms NYAG order, calls it a ‘mix up’
Nexo Financial confirms to be one of the two crypto lending firms to receive the cease and desist order from Attorney General James’ office. Go to Source Powered by WPeMatico
‘All bears will die’ — Bitcoin metric prepares to flip green for the first time in 6 months
The complex-sounding but insightful Long-Term & Short-Term Holder Realized Price Ratio is tipped to repeat its historical bull signal. Go to Source Powered by WPeMatico
FinCEN Links More Than $5 Billion in Bitcoin Transactions to Ransomware
FinCEN, the U.S. Financial Crimes Enforcement Network, linked more than $5 billion in bitcoin transactions to the most common ransomware variants out there. The organization stated in a report issued last week that the mean average total monthly suspicious amount of ransomware transactions was $66.4 million during the first two quarters of 2021. FinCEN also … Read more
Bakkt sheds more than 6% on first of public trading
The price of BKKT contracted by more than 6% during its first day of public trade. Go to Source Powered by WPeMatico
