Here’s why Bitcoin traders expect choppy markets for the remainder of 2021
Bitcoin price appears pinned below $48,000, leading some analysts to forecast “choppy” markets until Q1 2022. Go to Source Powered by WPeMatico
Cryptocurrencies
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‘I’m a huge believer in crypto technology,’ says former US SEC chair
Jay Clayton said that cryptocurrencies have numerous purposes and are connected to a variety of industries, and the SEC should be in charge of regulating only those sectors that are linked to it. Go to Source Powered by WPeMatico
Nexo partners with Three Arrows Capital to launch NFT lending & art financing service
Bored Ape Yacht Club and CryptoPunks NFTs are two of the options supported as collateral for crypto credit lines on the platform. Go to Source Powered by WPeMatico
IMF chief economist calls for global policy on cryptocurrency
The economist’s remarks come as nations around the world consider how to control cryptocurrencies. Go to Source Powered by WPeMatico
Court Decision Voids Crypto Mining Contracts in China, Shuts Down Bitcoin Farms
A court in Beijing has ruled that three investment agreements for bitcoin mining operations in Sichuan are “invalid.” A compensation claim has been rejected in the case, viewed as an indication that the Chinese judiciary would not provide protection for crypto-related interests. Beijing Court Invalidates Bitcoin Mining Contracts The Chaoyang District People’s Court in the … Read more
Upbit crypto exchange’s blockchain sister firm raises $60M
Upbit operator Dunamu plans to expand its joint NFT venture with South Korean entertainment firm HYBE. Go to Source Powered by WPeMatico
How to invest in cryptocurrency when the market is uncertain, explained
Uncertain markets can be profitable when investors can stay in the know and have the tools to support quick decision-making. Go to Source Powered by WPeMatico
Robinhood enables US users to gift crypto for the holidays
The trading app suggested gifting cryptocurrency this holiday season could help newbies “taking the first step” and have interesting conversations around the dinner table in the future. Go to Source Powered by WPeMatico
Thailand to define ‘red lines‘ for crypto in early 2022
“Cryptocurrencies cannot become a means of payment,” Bank of Thailand governor Sethaput Suthiwartnarueput stated. Go to Source Powered by WPeMatico
Beijing court rejects monetary compensation in Bitcoin mining contract plea
The plaintiff in the case demanded 217.7 BTC in compensation for his Bitcoin mining infrastructure investment. Go to Source Powered by WPeMatico