A long-running backer of the crypto industry, billionaire hedge fund manager Alan Howard recently invested in two digital asset startups. Billionaire hedge fund manager Alan Howard continues backing the cryptocurrency industry with fresh investment in two digital asset startups. The co-founder of major asset manager Brevan Howard led a $25-million extension raise for London-based crypto …
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Regulatory clarity enables crypto companies to continue to innovate, Zac Prince says. BlockFi CEO Zac Prince agrees with United States Senator Elizabeth Warren that there is a lot of noise in the crypto industry. Still, he expects that the clarity that comes with regulations will positively impact the ecosystem. Describing regulators’ interest in crypto as …
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Ripple XRP price has been making headlines this year ever since its tussle with the US Securities and Exchange Commission (SEC), regarding its XRP token. According to the SEC, XRP is a security and not a token like bitcoin and ethereum. After the case was filed in December last year, XRP fell to around $0.20. …
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The cryptocurrency market continues to teeter between recovery and resistance. El Salvador’s new bitcoin law resuscitated the market for a couple of days, with BTC almost reclaiming $39,000. However, most cryptocurrencies have since corrected by 2% or more in the past 24 hours. Their see-sawing underlines the difficulty of calling movements at this unpredictable moment …
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Sustained higher levels mean a retreat to $30,000 is looking less and less essential to preserve the bull market. Bitcoin (BTC) traded in a higher range on Friday, with analysts keen to see which critical levels would fall next. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin escapes fresh losses… for now Data from Cointelegraph …
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The Netherlands must ban the mining, trading and holding of Bitcoin because it doesn’t meet any of the three functions of money and is handy for criminals, one Dutch official argued. While El Salvador adopts Bitcoin as legal tender, one Dutch official blasted the cryptocurrency, calling for an urgent blanket ban. Pieter Hasekamp, director of the Dutch …
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El Salvador’s move to make Bitcoin legal tender in the country continues to elicit reactions from legacy finance gatekeepers — this time, from the Bank for International Settlements. Benoît Cœuré, Bitcoin (BTC) critic and the head of the innovation hub at the Bank of International Settlements, called El Salvador’s historic move to make BTC legal …
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India’s Enforcement Directorate will probe crypto exchange WazirX for alleged violations of AML laws and FEMA in connection with crypto transactions worth $389 million. The well-known Indian crypto exchange WazirX, which Binance acquired in 2019, is under investigation for alleged violations of India’s Foreign Exchange Act (FEMA). The probe was publicly announced in an official …
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Dogecoin is moving into the weekend on a bearish mode. After a week that signalled a bullish trend, Elon Musk’s favorite coin is now showing bearish signals that may trigger a selloff or a buy by traders who want to leverage the dip. Dogecoin’s performance this week was attributed to support from the broader crypto …
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Institutional demand for GBTC and QBTC has dropped The premium on both Bitcoin products has been in negative territory since March The trade volume of GBTC and QBTC has also been reducing since the beginning of the year Grayscale has not purchased additional Bitcoin since February and 3iQ has reduced its Bitcoin holdings by 7.98k …
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A court in Russia’s Perm region has decided to block a number of websites describing how to exchange cryptocurrency for fiat cash. Local prosecutors claim the dissemination of this type of information is against the law in Russia as it may facilitate the laundering of illicit funds. Kungur City Court Blocks Crypto-Related Sites The Kungur …
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BarterTrade, is a cryptocurrency trading ecosystem that upgraded to more advanced V2 on 6th May, 2021, implementing significant benefits and new features for traders. Understanding crypto traders’ needs is a key ingredient of the relaunch, which includes features such as a 0% trading fee, institutional liquidity, auto KYC and a new customer support. Bartering or …
The crypto market is busier than ever. More and more tokens and cryptocurrencies are flooding the exchanges and it’s getting difficult to recognize the best trading opportunities. The majority of tokens and altcoins available on the market fail to represent any real value. A new cryptocurrency that will soon be listed on the new CEX …
On Thursday, the Boston-based financial services and bank holding company State Street Corporation announced the launch of a division dedicated to cryptocurrencies, the digital economy, and decentralized finance (defi). State Street Invokes New Division Dedicated to Crypto, Blockchain, and Defi The financial services company State Street (NYSE: STT) offers a wide array of products like …
The prices of major privacy coins such as Zcash (ZEC) and Monero (XMR) increased recently despite regulatory agency concerns. While the community might expect these coins to plunge with the FBI’s activities and investigations into nefarious activities, both coins surging. Privacy coins are unique and popular for ensuring the anonymity of users’ transactions. Both Zcash …
