DIGIT INFO – Page 3693 – Cryptocurrency News

TSB Bank Plans to Ban Cryptocurrency Purchases Due to Increasing Fraud Numbers: Report

TSB, a British bank, is planning to ban cryptocurrency purchases due to fraud concerns. The company reported an alarming number of fraudulent transactions on cryptocurrency purchases. Reportedly, transactions involving Binance, the cryptocurrency exchange behemoth, are involved in two-thirds of these fraud reports. A Binance representative denies these claims and said the exchange deals with complaints […]

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Bitcoin price dips to $32.5K on ‘consistent’ new China FUD

BTC/USD sheds $1,000 almost instantly as China’s third-largest bank puts the cats amongst the pigeons in early trading.

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Bitcoin hashrate hits 8-month low as Chinese miners power down

Bitcoin’s hashrate plummets to roughly 91 EH/s as Sichuan miners close up shop.

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DOGE dumps as Dogecoin-sponsored NASCAR driver crashes

The Dogecoin-themed race car that crossed the finish line sideways after hitting a wall on Saturday appears to have served as the perfect metaphor for DOGE’s weekend performance.

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$135K for December: Stock-to-Flow Creator Lays out Bitcoin’s ‘Worst Case Scenario for 2021’

The pseudonymous creator of the popular stock-to-flow (S2F) bitcoin price model, Plan B, has published his “worst case scenario for 2021” predictions on social media on Sunday. The analyst says there’s also a “more fundamental reason” to why bitcoin prices have been dropping in June and how the month of July may see “weakness” as […]

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Digital euro offers better privacy protections than private stablecoins: ECB official

Unlike private companies, the ECB has “no commercial interest” in monetizing users’ data, the ECB executive board member argued.

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Bitcoin is ‘own worst enemy’ and will lose to Ethereum: Charles Hoskinson

Bitcoin is too slow when compared to Ethereum and other proof-of-stake networks, argued Cardano founder, Charles Hoskinson.

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Russian Billionaire Slams Central Bank’s Crypto Policy, Says Even El Salvador Realizes the Need for Bitcoin

Russian billionaire Oleg Deripaska wants the Bank of Russia, the country’s central bank, to embrace cryptocurrency, citing El Salvador’s bitcoin law as an example. El Salvador recently passed a bill making bitcoin legal tender in the country. Billionaire Oleg Deripaska is the founder of Basic Element, a Russian industrial group focusing in areas such as […]

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Billionaire Steve Cohen: ‘I’m Doing a Deep Dive Into Crypto, I’m Fully Converted, I’m Not Missing This’

Billionaire investor and CEO of Point 72 Asset Management, Steve Cohen, says he is taking a deep dive into cryptocurrency. Emphasizing that he is “fully converted,” the billionaire said, “I’m not going to miss this. I already feel like I missed the first part of it.” Steve Cohen Gets Into Crypto, Says He Is ‘Fully […]

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