Bitcoin bulls 'in control' as long as price holds above $66.5K: Analysts

FDIC's acting chairman stated that the work on crypto-related guidance for U.S. banks is underway. 257 Total views 4 Total shares Martin J. Gruenberg, the acting chairman of the Federal Deposit Insurance Corporation, or FDIC, named “crypto-assets” among the agency’s key priorities in 2022, alongside addressing financial risks associated with climate change and promoting amendments…

Switzerland’s main stock exchange SIX has listed a Tezos-based exchange-traded product (ETP) that enables investors to generate passive income.Traded under the symbol AXTZ, the product is issued by fintech Amun AG in partnership with the Tezos Foundation. It went live for trading on Nov. 5.Passive yieldAccording to an overview of the instrument, the ETP’s investment…

According to South Korean corporate tax laws, foreign-registered companies are treated as domestic if the decision-making process and operations are carried out from the country. 850 Total views 13 Total shares Terraform Labs and co-founder Do Kwon continue to attract more legal trouble in the wake of the collapse of the Terra ecosystem. After early…

$9,000 would be the ideal “buy the dip” opportunity, says Vays, with $7,000 soon to form Bitcoin’s untested 200-week moving average. Bitcoin (BTC) hitting $7,000 is now the “worst-case scenario,” veteran trader Tone Vays said on Sep. 23. In the latest episode of his Market Pulse YouTube series, Vays said he was looking for a BTC…

A report from the investors’ service pointed to a political divide in language on bills concerning stablecoins and providing a comprehensive framework for digital assets. 42 Total views 1 Total shares The investors’ service of credit ratings agency Moody's has reported that without support from United States lawmakers on both sides of the political aisle…

One observer suggested Bankman-Fried may be reluctant to discuss FTX due to the legal implication of lying under oath to the U.S. Congress. Own this piece of crypto history Collect this article as NFTFormer CEO of FTX, Sam Bankman-Fried, has signaled he's unwilling to testify before the United States Congress until he’s “finished learning and…

Applied blockchain, a Shell-backed distributed ledger technology, or DLT, firm, has secured $2.5 million in funding for applications that use zero-knowledge proofs, or ZKPs, in the context of business-to-business transactions.The funding round was led by Hong Kong-based venture capital, QBN Capital, with the funds designated for the development of a platform featuring ZKPs and other…