4-week correction for Bitcoin? Mt. Gox, Germany gov't add sell-pressure

Crypto firms in the United Kingdom could face some harsh punishments under the FCA's proposed financial promotions regime. 45 Total views 1 Total shares Own this piece of history Collect this article as an NFTNewly proposed advertising rules in the United Kingdom could potentially see executives of crypto firms face up to two years of…

Friday, May 24 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) crosses the $8,000 mark again.Market visualization courtesy of Coin360Bitcoin is up over 5% on the day, trading at $8,018 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is down…

The issuance became the second major operations of the bank with the new class of assets. 652 Total views 16 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTRussia’s largest bank Sber — formerly known as Sberbank — reported the first issue of gold-backed digital financial assets (DFAs). The bank considers DFAs to…

El Salvador paid $800 million in debt at the start of the year before the maturing period, raising the confidence of investors, as President Bukele says "told you so". 389 Total views 5 Total shares El Salvador, which adopted Bitcoin as legal tender in 2021, has seen its dollar bond outperform the majority of the…

In a recent keynote speech to the London School of Economics, International Monetary Fund (IMF) Deputy Managing Director, Tao Zhang, briefed the positives and negatives of a central bank digital currency (CBDC).Zhang pointed toward greater efficiency and lower costs associated with a CBDC. “In some countries, the cost of managing cash can be very high…

The merger of L1 and L2 debt pools is just one of a number of upgrades slated for this week within the Synthetix ecosystem. 87 total.views 28 total.shares article.actions.listen_to Decentralized finance, or DeFi, protocol Synthetix (SNX) has announced that the deployment of their Debt Pool Synthesis feature will occur on Thursday 9pm through 11pm UTC,…

Chinese Bitcoin mining giant Bitmain’s co-founders Jihan Wu and Micree Zhan Ketuan will quit their posts as co-CEOs but still steer the company’s important decisions. Hong Kong-based English-language news outlet South China Morning Post reported the news Jan. 10.Referencing anonymous “people familiar with the matter,” the publication said Bitmain’s director of product engineering Wang Haichao…

The public has until Nov. 3 to submit comments on the Treasury addressing ransomware attacks, the illicit finance risks of cryptocurrency mixers and DeFi, and coordinating AML/CFT policy. 574 Total views 6 Total shares The United States Department of the Treasury will be calling for comments from the public on digital assets, including their views…

The total market capitalization of cryptocurrencies surged to $1.139 trillion on Feb. 4, just short of silver’s total market cap at $1.5 trillion. While the crypto market cap is still way below that of gold, Bloomberg senior commodity strategist Mike McGlone said in a report that Bitcoin (BTC) has found strong support at $30,000 and…