Bitcoin dominates as primary focus for digital asset investors: Report
According to CoinShares, digital asset investment products saw inflows totaling $76 million last week Go to Source Powered by WPeMatico
Cryptocurrencies
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Hong Kong securities regulator adds crypto personnel for industry supervision
Regulators in Hong Kong plan for the addition of personnel in order to “better supervise” activities of local virtual asset providers. Go to Source Powered by WPeMatico
Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud
A Bulgarian investor has lost a large amount of money to fraudsters who convinced him he was putting cash into cryptocurrency. The scam operated through a call center in what is becoming an established scheme for extracting money from victims lured with promises of quick profits on stock and crypto markets. Defrauded Bulgarian Crypto Investor … Read more
Hodlnaut works with potential buyers to sell firm and FTX claims: Report
Hodlnaut’s court-appointed judicial managers are reportedly in the process of signing non-disclosure agreements with the potential buyers. Go to Source Powered by WPeMatico
Bitcoin price over $20K creates FOMO with 620K BTC wallets pop-up
The growth of small BTC addresses was very limited in 2022 and slumped to new lows post-FTX, but a significant surge in January suggests trader optimism is high. Go to Source Powered by WPeMatico
Binance Tax launched to prepare crypto users for the tax season
The new tool helps users access tax details aligning with their crypto activity to help report information during the upcoming tax season. Go to Source Powered by WPeMatico
Russia’s Largest Private Bank Launches Digital Asset Platform
Alfa-Bank, one of the major Russian banking institutions, has established its own platform for digital financial assets. The launch became possible after Russia’s monetary authority added Alfa-Bank to its register of digital asset issuers this week. Privately-Owned Alfa-Bank Sets Up Digital Asset Platform With Central Bank’s Permission Russia’s Alfa-Bank has launched ‘A-Token,’ a platform allowing … Read more
Market Strategist Predicts Gold Will Be the Top Performer in 2023 Over Cryptocurrencies and Equities
Gareth Soloway, president and chief market strategist at inthemoneystocks.com, predicts that gold will outperform cryptocurrencies and equity performances in 2023. In an interview published Thursday, Soloway emphasized his belief that “gold will be the best performer” this year and stated that the U.S. Federal Reserve will not cut rates until a “massively nasty recession” occurs. … Read more
Binance to Support Georgia’s Crypto Industry Through Blockchain Education
Digital asset exchange Binance has agreed to help Georgia to develop its cryptocurrency sector by launching educational and other blockchain initiatives. The leading coin trading platform has been expanding its presence in the region with similar projects in other countries. Binance and Georgian Tech Agency to Jointly Develop Country’s Crypto Economy The world’s largest cryptocurrency … Read more
Russia Expands Its Crypto Mining Capacity, Report Reveals
The total capacity of crypto mining facilities in Russia has been increasing in the past year, despite the market downturn and sanctions, according to a survey of leading operators. Depressed prices of mining equipment and stronger interest from domestic customers have been identified as major factors for the trend. Miners Prepare for Growth as Total … Read more