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Bitcoin, Ethereum, and Altcoins Halt Rally, Correct Gains


This past weekend, bitcoin price extended its increase above the USD 42,000 resistance. However, BTC failed to gain traction above USD 42,500. It started a downside correction and it is currently (04:28 UTC) trading below USD 39,800. Similarly, most major altcoins corrected gains. ETH climbed...

Indian Banks Halting Services to Crypto Industry Post RBI Clarification


Several Indian banks have reportedly halted services to customers dealing in cryptocurrencies despite the central bank, the Reserve Bank of India (RBI), informing them that the banning circular is no longer valid. The latest bank to join the fray is IDFC First Bank. IDFC First Bank has become...

Robinhood CEO Denies Being Directed to Halt GME Buying


Vlad Tenev. Source: A video screenshot, Youtube/Bloomberg Markets and Finance Vlad Tenev, co-founder and CEO of the popular trading app Robinhood, which also allows crypto trading, claims the platform wasn't in any way directed by anybody to temporarily restrict buying of shares of Gamestop (GME)...

Bitstamp to Halt XRP Trading, Deposits in US Due to SEC Lawsuit


Cryptocurrency exchange Bitstamp said it’s halting XRP trading and deposits for all U.S. customers on Jan. 8, 2021, because of the U.S. Securities and Exchange Commission’s recent filing, alleging XRP is a security. This story is developing and will be updated. Read also: An SEC Victory...

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