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Ark Invest CEO Says Impossible to Shut Down Bitcoin — Regulators Will Become More Friendly Over Time
29.5.2021
The CEO of Ark Investment Management (Ark Invest), Cathie Wood, says regulators cannot shut down bitcoin. She added that they will become more friendly towards cryptocurrencies over time. Wood is not the only one who thinks that governments cannot shut down bitcoin. Regulators Cannot Shut Down...
Bearish signals grow as Bitcoin price drops to $35K and traders ignore the dip
28.5.2021
Bitcoin price hangs slightly above $35,000 while traders simply watch the dip from the sidelines
US Convenience Store Chain Sheetz to Accept Cryptocurrencies for Payments
28.5.2021
The American chain of convenience stores and coffee shops, Sheetz, announced on Thursday that the firm would be accepting digital currencies like bitcoin, ether, and dogecoin for payments. The major Mid-Atlantic chain’s executive payments manager says accepting crypto-asset acceptance...
SEC Urges Congress to Pass Cryptocurrency Legislation to Protect Investors
28.5.2021
The U.S. Securities and Exchange Commission (SEC) has urged Congress to pass cryptocurrency legislation to protect investors, the new SEC chairman has revealed. The securities regulator is also working with the Commodity Futures Trading Commission (CFTC) and the U.S. Treasury Department to combat...
Crypto firms not meeting AML standards, says UK minister
28.5.2021
Only five crypto firms have received FCA AML registration after the authority became the official money laundering supervisor for crypto businesses last year
Australian tax office: Report crypto profits or else
28.5.2021
The ATO said it already knows who is invested in cryptocurrencies and expects cooperation
NFT Weekly Roundup: Bluezelle’s Innovative Solution, Rob Prior’s Live Stream, Ap’s Iconic NFT Collection, and the Br8ve Auction
28.5.2021
While cryptocurrencies experienced their fair share of ups and downs over the week, nothing is holding back the stratospheric rise of NFTs. As another busy week comes to a close, a lot has unfolded in the world of NFTs. Here’s a quick rundown of the top events of this week. Bluzelle Revamps...
Shutting down Bitcoin is impossible, Ark Investment founder says
28.5.2021
Multiple efforts to ban Bitcoin couldn't stop the largest cryptocurrency from becoming a $1 trillion asset earlier this year
Korean gov't clarifies crypto regulatory roles of different agencies
28.5.2021
After some confusion, South Korea's government has laid out which state and regulatory bodies are charged with the oversight of various aspects of crypto-related activities
Dogecoin whale activity slows down as billions of dollars depart blockchain
28.5.2021
Doge's recent surge in network activity appears to be grinding to a halt
Crypto will ‘come to life’ in Nigeria, central bank governor says
28.5.2021
Emefiele said the Nigerian government will do its best to prevent crypto from being used to finance illicit activities
Kyrgyzstan Seizes 2,000 Cryptocurrency Mining Devices
28.5.2021
Law enforcement authorities in Kyrgyzstan have confiscated thousands of crypto mining machines as part of a new offensive against illegal cryptocurrency mining in the country. Investigators have also identified industrial enterprises that have been supplying the bitcoin farms with electricity....
Shanghai Man: Miners banned, exchanges targeted? Here's what's really happening
28.5.2021
A look at the last week of crackdowns, including a ruling from Vice Premier Liu He. Hong Kong echoes Beijing with stricter controls of their own, limiting retail investors in the administrative region
Zimbabwean Fintech Lawyer and Proponent Pushes for Crypto Regulation via Private Legislative Bill
28.5.2021
A Zimbabwean fintech lawyer, Prosper Mwedzi, recently initiated a process that seeks to bring recognition and regulation of cryptocurrencies. Under this private member bill procedure, a legislative proposition initiated by private citizens will be debated in the Zimbabwean parliament. If the crypto...
Market enters a 'wait-and-see phase' as Bitcoin struggles below $40,000
28.5.2021
Traders remain cautious following last week’s brutal sell-off, but on-chain data is beginning to signal increasingly bullish activity while the crypto market awaits the next major move
VCs back Balancer with $24.25M investment
27.5.2021
Investors are backing the Balancer protocol with greater conviction. Could this be a sign that market hype surrounding DeFi is ramping up again?
ICHI launches ‘Decentralized Monetary Authority’ for stablecoin issuance
27.5.2021
The ICHI ecosystem has attracted several high-profile partners, including Solana, Moonbeam, SushiSwap, 1inch Network, Loopring and Bancor
SEC begins formal review of Fidelity, SkyBridge Bitcoin ETF applications
27.5.2021
Fidelity’s Wise Origin Bitcoin Trust and the First Trust SkyBridge Bitcoin ETF are now under review by regulators, according to paperwork filed earlier this month
3 ways traders use moving averages to read market momentum
27.5.2021
The 20-day EMA and 50-day SMA are often used by traders to observe the market’s momentum and calculate the best time to enter and exit an asset
Worst UK bank for dealing with scams issues crypto scam alert
27.5.2021
NatWest issued a crypto scam warning to mobile banking users after reportedly receiving a record number of complaints in Q1