Bitcoin could fall below $50K if Magnificent 7 stocks stage another $500 billion loss
Bitcoin could see more downward pressure if the top tech stocks in the US continue to shed value.
Related Posts
Is Ethereum (ETH) Price on Course to $300 as DeFi Coins Skyrocket?
Bitcoin (BTC) has been showing strength in recent days as the price rallied from $9,300 to as high as $9,800. However, more strength is seen from Ethereum’s Ether (ETH) — the second-ranked cryptocurrency by market capitalization — as this cryptocurrency rallied from $225 to $246.Let’s look at the ETH charts as Ether has been outperforming…
Binance Australia onboards former DigitalX exec as new CEO
The former head of the world's first publicly-listed blockchain firm the is new CEO of Binance’s Australian subsidiary. 399 Total views 247 Total shares Binance Australia has announced the appointment of Leigh Travers, the former chief executive of local blockchain technology and payments firm DigitalX, as the company’s new CEO.Travers has worked at DigitalX for…
Crypto advocates file brief against SEC's investor tracking database
The Consolidated Audit Trail would gather a monumental amount of data, and more than it is meant to when it exposes the identity of crypto wallet holders.
Socios to launch fan token for major Ukrainian esports organization
Navi aims to expand fan engagement with a blockchain-based token. 516 Total views 7 Total shares Natus Vincere, a Ukrainian multi-game organization, has announced plans to launch a fan token on blockchain-based platform Socios.com.According to a Nov. 4 announcement, the token will enable a number of new fan engagement opportunities including the right to vote…
Binance to Launch UK Trading Platform for Institutional and Retail Investors
Binance will launch a new digital asset trading platform in 2020 in the United Kingdom to serve its increasing institutional clientele. 967 Total views 35 Total shares Leading cryptocurrency exchange Binance will be expanding to the United Kingdom with a regulated crypto trading platform for both institutional and retail investors. With this platform, Binance aims to…
UK’s FCA bans retail crypto derivatives after year-long consideration
CoinShares' pleas last year went unheard as crypto futures and ETNs will be soon banned. In a landmark decision issued on Tuesday by the U.K.’s Financial Conduct Authority, companies in the country will no longer be able to offer cryptocurrency derivatives products such as futures, options and exchange-traded notes (ETNs) to retail customers.The decision comes…
Who governs Ethereum? Galaxy report reveals all
A Galaxy Digital report reveals Ethereum’s decentralized governance avoids direct on-chain voting, detailing key stakeholder roles and transparency challenges.
Kazakhstan Senate approves legislation regulating crypto service providers
The country's legislature has passed a law that would impose financial monitoring on crypto platforms. 64 Total views 3 Total shares According to new legislation passed by the upper house of the country's national parliament today, crypto businesses in Kazakhstan may soon be subjected to Anti-Money Laundering (AML) regulations, as reported by local news outlet Vlast. The…