Triple-digit gains make Dogecoin and Ethereum Classic the top performers of Q2
Bitcoin and Ethereum were the center of attention in Q1 but data shows DOGE, ETC and MATIC were the top performers of Q2. Go to Source Powered by WPeMatico
Cryptocurrencies
Auto Added by WPeMatico
Fed Chair says stablecoins need stricter regulation, speaks on CBDC
He stated that stablecoins need stricter regulations if they are to be part of the payment universe. Go to Source Powered by WPeMatico
Record low Bitcoin velocity suggests BTC may ‘move to the downside’
Weekly Bitcoin transactions and velocity hit record lows, leading one analyst to suggest that even with BTC stable at $33,000, further downside could ensue. Go to Source Powered by WPeMatico
Global payments brand Skrill expands crypto wallet services
Skrill customers outside the United States now have access to 35 cryptocurrencies in their digital wallets. The company expanded into the U.S. in March of this year. Go to Source Powered by WPeMatico
BlackRock CEO signals low demand for crypto from long-term investors
“We see very little in terms of investor demand” for crypto, BlackRock CEO said. Go to Source Powered by WPeMatico
Shanghai Law Enforcement Officials, Scholars Talk Cryptocurrency
Representatives of law enforcement agencies and academia in Shanghai held a seminar devoted to cryptocurrencies, regulations, and the combating of crypto-related crime. Determining “the legal attributes of virtual currency” was among the main topics at the forum which also focused on matters of financial supervision. Prosecutors and Professors Discuss Crypto Oversight in Shanghai Amid an … Read more
Brazilian securities regulator approves Ether ETF
The fund, which will trade on Brazil’s B3 stock exchange, uses custodial services provided by the Winklevoss twins’ United States-based Gemini. Go to Source Powered by WPeMatico
Visa to approve Bitcoin spending card for Australian startup CryptoSpend
Crypto debit cards continue to catch on as an Australian digital assets start-up gets approval from Visa to release a spending card down under. Go to Source Powered by WPeMatico
Japanese police arrest alleged masterminds behind $55M ‘AI-led‘ crypto scam
Four men have been arrested in Aichi Prefecture for allegedly running a fraudulent crypto scheme that drew in 20,000 Japanese investors and raised 6 billion yen. Go to Source Powered by WPeMatico
Bulls largely absent as Bitcoin price slips to the bottom of its range near $32K
Traders appear to be sitting on their hands even as Bitcoin price drops closer to a critical support level at $32,000. Go to Source Powered by WPeMatico