Russian President Vladimir Putin Weighs In on Legitimacy of Crypto Assets

Russia’s President Vladimir Putin hasn’t made up his mind about crypto, according to a new interview with CNBC. Putin says cryptocurrency “may be a unit of contact,” but notes that it’s too early to say whether oil contracts could be denominated in crypto instead of the US dollar. ADVERTISEMENT   Putin explains, “To transfer money …

Panther Protocol and Kudelski Security Join Forces To Accelerate Privacy Tech in the UK

October 15, 2021 – Midtown, Gibraltar Panther Protocol, the end-to-end privacy solution building the privacy layer for web 3.0 and decentralized finance, and Kudelski Security, the leading provider of comprehensive cybersecurity solutions to large enterprise and public sector clients around the world, are thrilled to announce an exciting partnership agreement between the companies. As the …

Evrynet Welcomes Three Renowned Advisors Following $7 Million Private Funding Round

October 15, 2021 – Road Town, British Virgin Islands Evrynet, a financial service platform, is pleased to announce several additions to its list of project advisors. The team attracts talents from within the blockchain space and MIT to expand its reach in the financial world. More collaborations are expected to be announced soon. Financial service …

The Rise of Bitcoin Does Not Threaten USD, According to Fidelity Investments Director

An executive at Fidelity Investments says that Bitcoin (BTC) may reach $100,000 by 2023, but that won’t threaten the value of the US dollar (USD). In a new interview with CNBC’s “Squawk on the Street,” Fidelity Investments director of global macro Jurrien Timmer predicts that the largest crypto asset by market cap could be valued …

Right-wing Indian group calls for stricter crypto regulations

Mohan Bhagwat, the head of the Rashtriya Swayamsevak Sangh, or RSS — a right-wing Hindu nationalist society — has urged India’s government to pursue crypto regulations “in the larger interest of society.” According to Asian News International, the RSS chief made these remarks during his speech marking the celebration of the Hindu festive Dussehra. Despite …

CFTC slaps Tether and Bitfinex with a combined $42.5 million fine

On Oct. 15, the Commodity Futures Trading Commission, or CFTC, handed sister crypto companies Tether and Bitfinex fines totaling $41 million and $1.5 million, respectively, citing violations of the Commodity Exchange Act, or CEA, and of a prior CFTC order. The regulator has found that Tether, the firm behind an eponymous stablecoin, has only held sufficient …

Better call SOL: Month-long consolidation puts Solana price en route to $275

Solana (SOL) price technicals suggest SOL can hit $275 in the coming sessions. The upside outlook for the world’s sixth-largest cryptocurrency by market capitalization comes as it consolidates inside a range that appears like a Bull Pennant. In detail, Bull Pennants are bullish continuation indicators that form as the price consolidates inside a Symmetrical Triangle-like …

BREAKING: Nasdaq listing hints that the SEC may soon approve ETF application from Valkyrie

The United States Securities and Exchange Commission, or SEC, may soon approve an application from crypto-asset manager Valkyrie for a Bitcoin (BTC) exchange-traded fund, or ETF, with the shares to be listed on the Nasdaq Stock Market. According to an Oct. 15 notice from the SEC, the agency has accepted the registration request for shares of …

Coinbase CEO Unveils Crypto Regulation Proposals, Says They Can Ensure US Remains Global Financial Leader

Coinbase chief executive officer Brian Armstrong is circulating a crypto regulation proposal that he believes will ensure that the US remains a global financial leader. The exchange is launching the Digital Asset Policy Proposal (dApp) to anticipate the evolution of a blockchain-driven and decentralized internet and the emergence of cryptocurrencies as a new asset class. …

Slow and steady is path to crypto riches says YouTube star

When Nicholas Merten saw a video explaining Bitcoin in November 2011, he brushed it off, later lamenting that “I unfortunately did not do the right thing.” It’s hard to blame him, after all, he was only 13.  Now 23, he runs DataDash, a YouTube channel with over 470,000 subscribers, making it among the largest focused …

Bitcoin gets green light for price discovery with ‘almost no supply’ on exchanges above $59K

Bitcoin (BTC) is now free to surge not only to existing all-time highs but beyond, analysts have said. Analyzing orderbook data on Oct. 15, monitoring resource Whalemap revealed that Bitcoin had already beaten all major resistance levels. Bitcoin is already moving in thin air  With $60,000 hitting for the first time since April, the odds …

Q3 saw significant crypto market recovery from May crash, says new report

Cryptocurrency data aggregator CoinGecko has released its Q3 2021 report showing massive gains across several crypto market sectors. Following the May market crash, Q3 began on a low ebb for the crypto space, with market capitalization even dipping further in late July below the $1.2 trillion, less than half of the $2.5 trillion all-time high …

‘Thank God for Bitcoin,’ Cynthia Lummis says on US debt limit raise

Amid the United States President Joe Biden signing legislation to raise the government’s debt limit to $28.9 trillion, Senator Cynthia Lummis said that Bitcoin (BTC) is a blessing of God. Senator Lummis gave a speech to the Senate on Thursday, providing her perspective on how digital currencies like Bitcoin could potentially help countries like the …

Top Crypto Analyst Unveils Massive Polkadot Prediction, Issues Cardano, Solana and VeChain Price Alert

Crypto strategist Michaël van de Poppe is extremely bullish on Polkadot (DOT), while warning several popular altcoins may face further corrections. The trader and analyst tells his 442,000 Twitter followers that DOT appears “programmed” to rise above $100 in the current market cycle. ADVERTISEMENT   Using a Fibonacci extension model, he outlines $75 and $115 …

Polygon can hit $3.50 in Q4 as MATIC’s 20% weekly rally triggers bull flag setup

Polygon (MATIC) has the potential to reach $3.50 by the end of this year as it charts a pattern that’s starting to resemble a bull flag. In detail, bull flags are bullish continuation patterns that emerge when the price consolidates following a strong move higher. In doing so, the price tends to trend lower while …

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