Arthur Hayes predicts short-term market crash on rate cuts: Token2049

There’s a revolution happening. We’re moving toward a world with a massive reduction in trust in centralized institutions and ways of doing things.There are several concurrent shifts happening right now, including a shift away from centralized governing bodies — encompassing a lack of trust in middlemen, governments and even the authority figures hired to keep…

The United States Federal Reserve Chairman Jerome Powell said on Feb. 7 that the “disinflationary process, the process of getting inflation down,” has started but it is still in its very early stages. He cautioned that strong data would be met with more rate hikes. Though the comments are mixed, they triggered buying in the…

The Turkish Capital Markets Board has established full regulatory control over crypto asset platforms, taking responsibility for CASP licensing, operations and compliance. Turkey is advancing its cryptocurrency regulations with new rules for crypto asset service providers (CASPs). On March 13, the Capital Markets Board (CMB) of Turkey published two regulatory documents related to the licensing

The new crypto mining facility in Sarnia, Ontario is expected to operate at 16 megawatts by the end of this month and will be scaled to operate at 28 MW by May. 194 Total views 21 Total shares Blockchain company Bitfury announced the launch of a new crypto-mining data center in Ontario, Canada. The new…

Disclaimer: This article has been updated to correct an error in the title, as the amount involved is $318 million, not $318 billion.The trustee for the rehabilitation proceedings of defunct cryptocurrency exchange Mt. Gox reportedly sold large amounts of Bitcoin (BTC) and Bitcoin Cash (BCH) on trading platform BitPoint. Cointelegraph Japan reported on the development…

Japanese cryptocurrency exchange Coincheck has abruptly decided to cancel leveraged trading just months after relaunching the tool. In a blog post on Dec. 16, the platform said it had already stopped users from creating new leveraged positions. Coincheck: March deadline for settlementTraders with open positions must settle by Mar. 13, 2020, and balance transfers should complete by…

U.S. District Judge Amy Berman Jackson has ordered the two entities to work toward a compromise. 1052 Total views 3 Total shares Binance.US and the United States Securities and Exchange Commission have agreed to work on an arrangement that will allow the exchange to avoid freezing all of its assets.On June 14, Bloomberg reported that U.S.…

The soon-to-be former president said he would continue to assist CEO and founder Sam Bankman-Fried "to ensure FTX ends the year with all its characteristic momentum.” 243 Total views 3 Total shares The president of cryptocurrency exchange FTX US, Brett Harrison, has announced he will be transitioning into an advisory role in the next few…