Bookmarking Crypto Insights
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After a 100%+ move to a new all-time high, profit taking kicks in and Bitcoin traders brace for a possible retest of the $58,000 to $62,000 zone. Go to Source Powered by WPeMatico
“The vast majority of digital assets are being used for legitimate purposes, but for those that are primarily in the business of furthering criminal enterprises, we plan to use our tools to go after them,” said Wally Adeyemo. Go to Source Powered by WPeMatico
A Senate committee in Australia has made a number of proposals to address the lack of proper regulations for the cryptocurrency space. The lawmakers believe the country needs new rules for its fintech and digital asset industries to be able to compete with jurisdictions that are already attracting some of its own crypto firms. Senate … Read more
The path to mass cryptocurrency adoption passes through remittances, but it may not happen any time soon. Go to Source Powered by WPeMatico
The U.S. Treasury asked cryptocurrency companies to ensure compliance with sanctions last week. Go to Source Powered by WPeMatico
A sizable majority of young investors seeking high-risk opportunities are motivated by competition and hype, a new survey has indicated. They often turn to cryptocurrency and forex products, according to the poll conducted by the U.K.’s financial regulator. FCA Launches ‘Investsmart’ Campaign Targeting Risk Prone Investors The U.K.’s Financial Conduct Authority (FCA) has carried out … Read more
She cited an investigation into tax ramifications as one of Ark Invest’s reasons for withholding for now. Go to Source Powered by WPeMatico
The total value locked in DeFi protocols soared to $233.8 billion as rising token prices and the increasing integration of stablecoins helped send the metric to a record high. Go to Source Powered by WPeMatico
Iconic Funds claims its index fund will be Europe’s first with direct exposure to crypto assets listed on a regulated market. Go to Source Powered by WPeMatico
The crypto asset’s market capitalization overtook the Russian ruble in February after a major announcement from car manufacturer Tesla. Go to Source Powered by WPeMatico