Bank of America reportedly establishes crypto research team
Candace Browning, the bank’s head of global research, described cryptocurrency as “one of the fastest growing emerging technology ecosystems.” Go to Source Powered by WPeMatico
DIGIT
FLOW faces 20% crash risk after intraday pump-and-dump
A recent rundown in the FLOW market has activated a bearish technical pattern, risking huge declines in the sessions ahead. Go to Source Powered by WPeMatico
EU Mulls AML Authority and New Rules for Crypto Transfers, Documents Suggest
The European Union is preparing to set up an anti-money laundering agency to coordinate national supervisory authorities. According to a media report based on EU documents, the bloc also plans to impose new rules to increase transparency for cryptocurrency transfers. Europe Steps Up Anti-Money Laundering Efforts on Union Level In response to calls for enforcement … Read more
Thailand’s central bank warns against using digital currencies for payments
The BOT said it may be forced to coordinate with the Securities and Exchange Commission to ensure crypto payments do not pose “extensive risks to the general public or the economic and financial system.” Go to Source Powered by WPeMatico
Bitcoin electricity consumption falls to November 2020 levels: Data
Bitcoin’s total annual electricity consumption has fallen almost 60% since its all-time peak recorded in mid-May, according to industry data. Go to Source Powered by WPeMatico
US Senator Warren Presses SEC to Use ‘Full Authority’ to Regulate Cryptocurrency Trading
U.S. Senator Elizabeth Warren has warned of the growing risks of cryptocurrency trading. She recently called on the U.S. Securities and Exchange Commission (SEC) to “use its full authority to address these risks,” adding that “Congress must also step up to close these regulatory gaps.” US Senator Warren Presses SEC to Step Up Crypto Oversight … Read more
Airbnb is exploiting its users, but decentralized alternatives are possible
By aligning hosts and guests in a shared marketplace, decentralized platforms will make good on the promise of the sharing economy. Go to Source Powered by WPeMatico
Bitcoin Sinks Below $33K, Analyst Says BTC at ‘Dangerously Low Levels’ While ETH Rests at ‘Comfortable Levels’
Bitcoin and a number of popular digital assets have been dropping in value over the past 24 hours, as bitcoin has slipped below the $33K handle. The entire market capitalization of all 10,000+ crypto assets in existence has shed billions during the overnight trading sessions, and the crypto economy currently rests at $1.38 trillion, down … Read more
Is this the most annoying — or valuable — man in DeFi?
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Bitcoin price at risk of $30K retest following bearish triangle breakdown
An overnight crash in the Bitcoin spot market Wednesday brought prices down from $35,077 to $32,250. Go to Source Powered by WPeMatico
