BlockFI ordered to stop onboarding New Jersey-based customers
BlockFi CEO Zack Prince rejects the New Jersey securities regulator’s claim that his firm has been offering unlicensed securities to the public. Go to Source Powered by WPeMatico
DIGIT
Crypto in the UAE: TRES Was Approved by DMCC for OTC Trade License to Operate With Cryptocurrency
On photo left to right: Saif Al Mansouri – CEO TRES OTC DMCC; Ahmed Bin Sulayem – Executive Chairman and Chief Executive Officer of DMCC; Dmitry Krasnogor – Managing Director TRES OTC DMCC; Antony Katin – CEO SIMBA Storage; Alexey Liakhovnenko – CEO TRES Group GmbH. Back in 2020, at the Davos Summit, the DMCC … Read more
Binance Enters Popular Venezuelan Dollar Indexes as Currency Plunges 10% in One Week
Binance, the leading P2P exchange in Venezuela, is now present in several popular dollar indexes in the country. The price of USDT on Binance’s P2P platform is now used to calculate the average price of the dollar with other P2P and electronic markets. The Venezuelan currency, the Bolivar, took a plunge last week losing 10% … Read more
Bitcoin falls to sixth for daily revenue, with just 12% of Ethereum’s fees
Ethereum, Uniswap, Binance Smart Chain, and Aave are all beating out Bitcoin by daily fee revenue. Go to Source Powered by WPeMatico
Axe reveals limited run of Dogecoin-themed body spray
Axe is set to drop a limited run of a free Dogecoin-themed body spray dubbed “Dogecan,” which is described as exhibiting a “dank musk.” Go to Source Powered by WPeMatico
Treasury secretary Yellen urges lawmakers to quickly introduce stablecoin guidelines
The President’s Working Group on Financial Markets expects to deliver regulatory recommendations for stablecoins in the coming months. Go to Source Powered by WPeMatico
Investment Advisor Says Bitcoin Is ‘Very Dangerous to Hold Today’ Citing Warnings by Regulators
Investment advisor and former Prudent Bear Fund manager David Tice has warned about investing in bitcoin. Citing “negative statements” by central bankers and regulators, such as the Bank of England, he said that it is “very dangerous to hold” bitcoin today. Investment Advisor David Tice Warns It’s Dangerous to Invest in Bitcoin David Tice, who … Read more
Bitcoin investment product volumes fall to 38% of YTD average
Institutional Bitcoin products have recorded outflows for nine of the past ten weeks, suggesting many investors remain bearish. Go to Source Powered by WPeMatico
Institutional demand for Bitcoin evaporates as BTC struggles below $31K
A lack of institutional demand and several bearish factors are complicating all efforts to pull Bitcoin price back above the $31,000 level. Go to Source Powered by WPeMatico
Elon Musk Reaffirms Support for Dogecoin, Changes Profile Picture — DOGE Trading Volumes Jumped 1,250% in Q2
Tesla and Spacex CEO Elon Musk has continued to tweet about the meme cryptocurrency dogecoin. He has changed his profile image on Twitter to include an image of the Shiba Inu dog that represents dogecoin. He also tweeted that his son is “hodling his Doge like a champ.” Meanwhile, dogecoin’s trading volumes soared 1,250% in … Read more
