Bitcoin gets US employment boost as BTC price eyes $300M ask liquidity

The central bank of Laos has warned the public against the use, purchase or sale of digital currencies, local news outlet Vientiane Times reported on May 21.The Bank of the Lao PDR has issued a warning to financial market participants and the public against cryptocurrency transactions as they are considered illegal in the country. The…

The United States District Court for the Southern District of New York has postponed the hearing regarding the Securities and Exchange Commission’s (SEC) injunction filing against Telegram Open Network (TON) and its Gram token to Feb. 18–19, 2020.As Cointelegraph reported recently, following Telegram’s counterclaim on Oct. 16, where the firm argued that its native crypto…

According to former CFTC Commissioner Sharon Bowen, the U.S. is behind other nations working on a CBDC. 1083 Total views 4 Total shares Sharon Bowen, a former Commissioner at the United States Commodities Futures Trading Commission, today said that the U.S. was falling behind other nations that are working on a central bank digital currency,…

As of now, the $622 million total open interest for BTC futures expiry on Friday seems quite relevant. This Friday, a total of $100 million in CME Bitcoin (BTC) options are set to expire. 58% of these are call (buy) options, meaning buyers can acquire BTC futures at a fixed price.As the expiry draws near, call…

Big money is still scooping up the available Bitcoin supply despite short-term bearish signals, data shows. 1733 Total views 10 Total shares Bitcoin (BTC) saw fresh rejection at $24,000 overnight on Dec. 24, but data shows that appetite for big buy-ins is only increasing.As recorded by on-chain analytics resource CryptoQuant, institution-focused exchange Coinbase Pro alone…

When the United States Office of Government Ethics (OGE) released its Legal Advisory 22-04 on July 5, most attention was given to its conclusion that federal employees who own any amount of cryptocurrency or stablecoins whatsoever may not participate in regulation and policymaking that concerns crypto. The legal advisory (LA) raised some eyebrows, as de…

The lifespan of scams is getting shorter as cybercriminals change tactics and target individuals on social media. 

But that may not mean what you think it means. In its latest crypto newsletter, Bloomberg said that according to its records, the correlation between Bitcoin (BTC) and gold is at its highest level since 2010: Bitcoin and gold correlation. Source: Coin Metrics.If you look at the chart above or find other charts online that…

A Redditor highlighted the recurring violations of regulations by banks, expressing their frustration at the relatively muted response from the SEC. 90 Total views 36 Total shares Financial services firm Wells Fargo has reached a settlement in a class-action lawsuit, agreeing to pay shareholders $1 billion. The lawsuit alleged that the bank had misled its…