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Bitcoin price moves toward $40K as on-chain and technical analysis favor bulls
14.6.2021
Bitcoin price is still 38% away from its all-time high but a handful of technical indicators suggest bulls are gathering strength
Here’s how Bitcoin’s impending death cross could be a contrarian buy signal
13.6.2021
Bitcoin traders are sitting on their hands after spotting a death cross on the daily chart but could this be a buy signal for contrarian investors?
India Probes Cryptocurrency Exchange Wazirx in Chinese Money Laundering Case
12.6.2021
India’s Directorate of Enforcement (ED) has reportedly sent a notice to Wazirx, one of the largest cryptocurrency exchanges in India, under the Foreign Exchange Management Act, 1999, (FEMA). The investigation was initiated “on the basis of the ongoing money-laundering investigation into...
Bank of Namibia Warns Crypto Traders It ‘Will Not Entertain Complaints’ if They Get Scammed
12.6.2021
The Bank of Namibia (BON) has warned individuals investing in cryptocurrencies that it will not entertain their complaints should they get scammed. The institution argues that since its mandate does not currently cover digital currencies, it lacks the “legal power” to follow up on such...
Thai SEC bans exchanges from handling certain token types including NFTs
11.6.2021
Local exchanges now have until July 11 to update their rules for listing tokens to be in compliance with the SEC guidelines
Binance-owned Indian exchange WazirX investigated for alleged AML failings
11.6.2021
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
Chinese search engines block results for top crypto exchanges
9.6.2021
Typing in the keywords for crypto exchanges Binance, OKEx and Huobi on Chinese search engines is currently pulling up no results
NYAG Court Order to Shut Down Coinseed Succeeds, CEO Creates Profanity Token for Attorney General
9.6.2021
The crypto trading platform Coinseed is shutting down operations according to a written statement from the company’s CEO Delgerdalai Davaasambuu. A court order secured by New York Attorney General Letitia James told Coinseed to halt all of its operations. Following the announcement of...
Coinbase Says Interest From Pension Funds and Hedge Funds Has Skyrocketed, Institutional Holdings Soar 170%
9.6.2021
The Nasdaq-listed cryptocurrency exchange Coinbase has revealed record growth in its institutional business. “This year, interest from pension funds and hedge funds has skyrocketed, supported by the roll-out of crypto-ETPs as well as an increased understanding of the crypto economy,”...
Ontario securities regulator takes action against Kucoin
8.6.2021
The OSC published a statement of allegations against Mek Global Limited and PhoenixFin Pte. Ltd. on Monday for allegedly violating local securities laws
Two-Fifths of Australian Millennials Prefer Crypto Investments Over Real Estate
7.6.2021
A report published by the cryptocurrency exchange Kraken shows that two-fifths of Australian millennials prefer to invest in cryptocurrency assets over real estate. The survey shows that a number of Australians are losing faith in traditional assets like gold, stocks, and real estate....
‘Blogger by Day, Trader by Night,’ Binance Runs Advertising Campaign in Major Ukrainian Cities
6.6.2021
An advertising campaign across some of Ukraine’s most populous cities is now aiming to attract new traders to the world’s largest digital asset exchange, Binance. The Eastern European nation is known as a promising market and a leader in terms of cryptocurrency adoption. Binance...
‘Bitcoin Going to the Moon’ — Bitmex Sending Physical Bitcoin to Lunar Surface in Q4
6.6.2021
Cryptocurrency exchange Bitmex is sending bitcoin to the moon. A one-of-a-kind physical bitcoin will be minted and delivered to the moon by a leading space robotics company that Bitmex supports. The coin will hold one bitcoin at an address to be publicly released. Bitcoin Will Be on the Moon in...
FTX Lands Naming Deal With Esports Giant TSM for $210 Million
5.6.2021
On Friday, FTX Exchange announced signing a naming rights deal with U.S. professional esports organization TSM for $210 million. The cryptocurrency exchange’s multi-year partnership arrangement will allow the crypto firm to rename the company to “TSM FTX.” Esports Firm TSM Will...
Lawsuit Accuses Korean Crypto Exchange of $3.5 Billion Scam, Tens of Thousands Defrauded
5.6.2021
A class action lawsuit has been filed in South Korea accusing cryptocurrency exchange V Global of defrauding investors. The police reportedly estimate that 69,000 people have invested with the crypto exchange and the damage amounts to 3.8 trillion won. Crypto Exchange Sued for Defrauding Investors...
To IPO or Not to IPO? SPAC is the question
5.6.2021
An initial public offering is the classic way to take a company public, but many crypto companies bypass the regulatory scrutiny with a backdoor SPAC merger
Binance Extends Blockade of Zimbabwean Crypto Users to Include Non-Resident Traders
3.6.2021
Malta-based cryptocurrency exchange, Binance, has reportedly extended its blockade of Zimbabwean users to include non-resident citizens. As a result of the new measures, all Zimbabwean nationals are now precluded from using the Binance trading platform. Zimbabwean Nationals Blocked Prior to...
South African Crypto Exchanges Confirm Receiving Request for Client Data From Tax Collection Body
3.6.2021
Three leading cryptocurrency exchanges from South Africa recently confirmed receiving a request for client data from the country’s revenue collector. In a joint statement, the exchanges, (namely Altcointrader, Luno, and Valr) said this request, which targets a “selection...
Altcoins and DeFi tokens breakout as Bitcoin price nears a key resistance
2.6.2021
DOGE, KNC and KAVA are just a few of the altcoins that posted double-digit gains as Bitcoin and Ethereum price rallied to key overhead resistance levels
Coinbase rival Kraken launches mobile crypto trading in US
2.6.2021
Kraken’s mobile crypto trading app is now available across the United States, except for New York and Washington