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6 Ways Advisors Can Help Crypto Investors Avoid Large Losses
14.7.2022
It’s not enough to manage volatility and market risk on behalf of clients
CoinFLEX Restarts Withdrawals With 10% Limit
14.7.2022
The firm is still working on a solution after recently beginning arbitration to recover $84 million from a "large customer."
The $863B Crypto Market May Be Close to Bottom, Technical Indicator Suggests
14.7.2022
The Mayer Multiple helps investors identify oversold and overbought conditions by comparing the market value to the 200-day SMA
Plaid Adds Crypto Account Data From Binance.US, Kraken, Gemini to Open Banking Platform
14.7.2022
Plaid, an open-banking system that aggregates users’ financial information, said it’s extending its reach to include accounts on cryptocurrency exchanges, starting with Binance.US, Kraken and Gemini
Celsius Files for Bankruptcy — Regulator Says the Crypto Lender Is ‘Deeply Insolvent’
14.7.2022
Another crypto lender, Celsius Network, has sought bankruptcy protection in the U.S. “Customer claims will be addressed through the Chapter 11 process,” the company said. Two other crypto firms recently filed for bankruptcy protection: Voyager Digital and Three Arrows Capital (3AC)....
Bitcoin of America’s Customer Service Is Advancing the Cryptocurrency Industry
14.7.2022
Popular BTM operator, Bitcoin of America, is changing the way we think about the cryptocurrency industry. Bitcoin of America is a virtual currency exchange, registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). They currently have 2,500 plus Bitcoin...
Participants for Disney Accelerator 2022 Announced
14.7.2022
The Walt Disney Company takes great pleasure and pride in announcing the joining up of six companies with its 2022 Disney Accelerator. Flickplay, Inworld, Lockerverse, Obsess, Polygon, and Red 6 are the participating companies for this year. Together they will help and work towards lifting...
Digital Euro Would Be a Success Only If Widely Used, ECB Says
14.7.2022
The European Central Bank expects to complete its digital euro investigation phase in the autumn of 2023
Voyager Digital's Token Surges Over 250% on 'Short Squeeze'
14.7.2022
A short squeeze refers to a sharp rally fueled by the unwinding of bearish positions or several sellers rushing to take profits
Why Migrants Are Turning to Crypto: The Key to Attaining the UN Goal to Reduce Remittance Costs to Less Than 3% by 2030
14.7.2022
The cost incurred by African migrants or expatriates when sending funds via the so-called formal corridors remains way above the UN target of less than three percent, the latest data from the World Bank has shown. On the other hand, the cost is much lower than the target when cryptocurrencies...
OKX Secures License in Dubai and Plans to Open Regional Hub
14.7.2022
Cryptocurrency exchange OKX has been awarded a provisional virtual assets (VA) license to provide services to qualified investors in the UAE
Policy Body Representing India's Crypto EcoSystem Disbanded: Sources
14.7.2022
The move was announced Thursday in a video conference call with stakeholders of the industry and representatives of crypto exchanges
Bank of Russia Says Stablecoins Are Not Suitable for Settlements
14.7.2022
The Central Bank of Russia has spoken out against stablecoins, which it says are highly risky and not fit for payments. The monetary authority reacted to a statement by a top finance ministry official who suggested that his department would support the development of Russian stablecoins....
Polygon selected to participate in Disney’s 2022 Accelerator Program
14.7.2022
Ethereum scaling solution Polygon has been selected to participate in Disney’s Accelerator Program to further Polygon’s development of Web3 experiences
Study: 14% of Saudis Are Crypto Investors, 76% Have Less Than One Year of Experience in Cryptocurrency Investment
14.7.2022
About 14% of Saudi residents are either current crypto investors or have traded crypto in the past six months, the latest Kucoin study has found. The study has also found that 76% of investors have less than one year of experience and thus may be in need of relevant crypto education. Crypto Winter...
Celsius' Mining Unit Files for Bankruptcy Just Months After Announcing IPO Intention
14.7.2022
The mining unit filed for bankruptcy just few months after it said it intends to go public
Celsius Files for Chapter 11 Bankrupcty
14.7.2022
The troubled crypto lender, in a statement, says its purpose for the voluntary action is to enable a "comprehensive restructuring plan" that benefits all "stakeholders."
State-Owned Swiss Bank Postfinance to Offer Clients Direct Access to Crypto Market
14.7.2022
Swiss post office’s banking unit, the state-owned Postfinance, is reportedly preparing to enter the crypto market. “Our clients want direct access to this market through their house bank.” Swiss Post Office’s Banking Arm to Enter Crypto Market The banking and financial...
Brazilian Congress Postpones Crypto Bill Vote Until After October Presidential Elections
14.7.2022
Deputies were originally scheduled to consider the text this week, which has already been approved by the Senate
EU Regulator Warns About Crypto — Questions Whether Many Will Survive
14.7.2022
European Securities and Markets Authority (ESMA) Chair Verena Ross says that the crypto market crash should be a “cautionary lesson” for investors. She noted that there is a “real question” about whether many crypto assets will survive. ESMA Chair on Crypto Risks...