Bears batter Bitcoin market sentiment as Bitfinex margin shorts surge 378%
The latest rally in BTC shorts is similar to what appeared ahead of the Elon Musk-led May 19 market crash. Go to Source Powered by WPeMatico
DIGIT
BoE tackles ‘difficult and pertinent’ questions about digital money
The Bank of England has published a new discussion paper that tries to gauge the systemic implications of both private stablecoins and a central bank digital currency. Go to Source Powered by WPeMatico
CoinShares lists physically-backed crypto ETPs on German exchange
Deutsche Boerse Xetra is listing CoinShares physical Bitcoin, Ether, and Litecoin ETPs. Go to Source Powered by WPeMatico
Crypto’s dark underbelly exposed in ransomware attack, U.S. senator says
U.S senators voiced their opinions on the matter of cryptocurrency’s use in ransomware attacks. Go to Source Powered by WPeMatico
South Korea moves to ban cross trading for crypto exchanges
South Korean crypto exchanges are groaning under a new proposal that will prevent them from converting trading fees to fiat currency. Go to Source Powered by WPeMatico
BTC price doesn’t care about El Salvador? 5 things to watch in Bitcoin this week
News of a major adoption move has no impact on lackluster BTC price action prior to government approval — can anything lift Bitcoin out of its range? Go to Source Powered by WPeMatico
Out of Thousands of MIT Students That Got Free Bitcoin in 2014 – 6 Year Holders Saw 13,000% Gains
Over six years ago, at the Massachusetts Institute of Technology (MIT), a couple of scholars distributed $100 in bitcoin to 3,100 students. According to testimony from a few participants who held the leading crypto asset since then, the students netted 13,000% in profit. MIT Grad Who Made 13,000%: ‘Most of Us Thought It Was a … Read more
Chinese social media giant Weibo reportedly bans crypto-related accounts
The government doesn’t want a Chinese version of Elon Musk, an expert said. Go to Source Powered by WPeMatico
Government Cannot Stand in the Way of Crypto Technologies, Iran Minister Says
New technologies, including blockchain and cryptocurrency mining, have helped Iran to increase budget receipts and withstand foreign sanctions, according to the country’s minister for economy and finance. The high-ranking official believes the government can’t interfere with their development for too long. Government Official Cautions Against Impeding Crypto Development Over the past few years, Tehran has … Read more
Lawmakers should treat crypto like gold or real estate: Indian tech magnate
Indian tech mogul, Nandan Nilekani, believes the country should be seeking to attract investment from the $1.7 trillion crypto asset industry. Go to Source Powered by WPeMatico
