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Russians Warned Against Saving in Crypto Amid Declining Savings in Foreign Fiat
1.6.2023
A government official in Moscow has advised Russians to avoid cryptocurrencies now when interest in foreign fiat currencies is declining in the country. The high-risk assets are not suitable for the savings of most people and make sense only for investments by rich people, his comments suggest....
Binance Buying Bank Not Solution for Banking Problems, Says CEO Changpeng Zhao
1.6.2023
Acquiring a bank wouldn’t solve the issues with banking for Binance or others, the CEO of the largest crypto exchange is convinced. Speaking in the aftermath of the collapse of crypto-friendly banks in the U.S. and amid Binance’s issues with payment providers in Australia, Changpeng Zhao said...
Binance considers allowing traders to secure collateral at banks: Report
30.5.2023
It has been reported that Swiss-based FlowBank and Liechtenstein-based Bank Frick have been mentioned as potential intermediaries for this service
Popular NFT collections take massive hit in price in 2023
30.5.2023
Investments in top NFT projects, such as Doodles, Invisible Friends, Moonbirds and Goblintown, have lost up to 95% of their value in ETH
Which Crypto Will Give 1000% Gains in 2023?
30.5.2023
Image by Fareed Mindalano / Playground AI
After experiencing a notable 4.49% uptick yesterday, Bitcoin (BTC) is currently retracing and trading at $27,665, down 1.48% in the past day.
According to crypto analytics firm Glassnode’s recent report, however, on-chain data shows Bitcoin could break...
EU Securities Watchdog ESMA Warns of Unregulated Crypto, Gold Investment Offerings
28.5.2023
The European Securities and Markets Authority (ESMA) has issued a warning regarding investments in assets like cryptocurrencies. They will remain unregulated in most countries until the EU’s Markets in Crypto Assets (MiCA) law is enforced across the Union, the regulator pointed out. ESMA Highlights...
Top Metaverse property investments suffer massive losses: Report
27.5.2023
Popular metaverse properties, such as Otherdeeds, The Sandbox, Decentraland, Somnium and Voxels, have all depreciated in value over the past year from January 1, 2022, to May 24, 2023
Chinese city releases policy draft for metaverse industry development
26.5.2023
The policies include a series of cash benefits to attract metaverse-related companies to set up shop in the city
Digital Currency Group to shutter institutional trading unit TradeBlock
26.5.2023
Starting from May 31, TradeBlock will commence the official procedure of winding down its operations
German banks slowly adopt crypto, mostly for institutional investors
25.5.2023
Doubts regarding crypto remain among German banks, but there is a growing concern about missing out on a potentially game-changing development
Portfolio management provider GoodCrypto joins Cointelegraph Accelerator
23.5.2023
GoodCrypto joins a dedicated Cointelegraph support program for Web3 innovators to increase its brand value and scale up marketing efforts
Malaysian Regulator Orders Crypto Exchange Huobi Global to Halt Operations in the Country
23.5.2023
The Malaysian securities regulator announced on May 22 that the crypto exchange Huobi Global Limited and its CEO Leon Li have been reprimanded for operating in the Asian country illegally. The regulator also revealed that the crypto exchange has been told to stop soliciting investments via emails...
Gold Prices Poised to Skyrocket as Expert Predicts Fourfold Increase in Demand
22.5.2023
Although gold has been trading below the $2K range since May 16, 2023, Rick Rule, the founder of Rule Investment Media, is confident that the struggling U.S. economy will cause demand for precious metals like gold to skyrocket. In an interview published on May 18, Rule emphasized that...
AI financial tools: A smart way to manage money or a risky experiment?
22.5.2023
AI is transforming the world of finance, but is it ready for the retail sector? Experts weigh in
The Kingdom of Bhutan’s Business Division Explores Crypto Ventures With Bitdeer Partnership
22.5.2023
A recent report reveals that Druk Holding & Investments (DHI), the business division of Bhutan’s Royal Government, is exploring crypto initiatives to enhance its portfolio expansion. DHI recently teamed up with Singapore-based crypto company Bitdeer to “jointly develop green...
Bitcoin FOMO is gone, portfolio managers are taking BTC seriously — 3iQ CEO
20.5.2023
In an interview with Cointelegraph during the Bitcoin 2023, Fred Pye spoke about how Canada's advanced regulation for crypto trading is drawing investors to the digital assets market
How crypto funds shape the development of the digital asset market
20.5.2023
A look at the role played by crypto funds in providing essential capital and liquidity, propelling the growth and expansion of the crypto market
Binance Halts Deposits and Possibly Withdrawals for Aussie Users After Being Cut Off by Australian Payment Service Provider
19.5.2023
Binance Australia said on May 18 that it is “unable to facilitate PayID AUD deposits for Binance users” due to a third-party payment service provider’s decision to discontinue support for the crypto exchange. Binance Australia said while it works to find an alternative, users...
Regulatory Battle: Grayscale Challenged by SEC’s Designation of Filecoin as Security
18.5.2023
Grayscale Investments, the largest digital currency asset manager by assets under management, made an announcement on May 17 regarding a comment received from the U.S. Securities and Exchange Commission (SEC). According to the SEC, the crypto asset filecoin qualifies as a security under federal...
Pakistan to Ban Online Services Related to Cryptocurrencies
18.5.2023
Authorities in Pakistan intend to prohibit all internet-based crypto services despite significant digital-asset investments made by Pakistanis. The decision comes as government officials in Islamabad take a strong stance against the legalization of cryptocurrencies like bitcoin. Crypto ‘Will Never...