Bitcoin News Roundup for April 8, 2020

The founder of crypto exchange Digitex, Adam Todd, has been ordered by a federal court to pay almost $16 million to resolve accusations that he ran an illegal platform and sought to manipulate its native token, DGTX, the U.S. Commodity Futures Trading Commission (CFTC) said in a Wednesday statement.In concluding what had been the CFTC’s…

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A Belgium-based think tank is arguing that the EU should create a single standard for cryptocurrency rules in a report sent to finance ministers within the economic bloc. Bruegel, based in Brussels, the Belgian capitol, believes that the EU needs "common rules" on cryptocurrencies, as well as how tokens are distributed and traded, Reuters reported…

Nov 29, 2019 at 15:16 UTCUpdated Nov 29, 2019 at 15:22 UTCHuobi Russia Announces Ruble Gateway and Initial Exchange Offering ServiceHuobi Russia, a Moscow-based franchise of the Singapore-based crypto exchange, has launched Russian ruble deposits and will soon have its own exchange token launchpad.Starting Thursday, users of Huobi Russia have an option to deposit Russian…

Major Hong Kong-based crypto companies will face new challenges in settling cross-border transactions if U.S. sanctions in response to the national security law restrict or ban their access to the U.S. dollar system. (Jimmy Siu/Shutterstock)Hong Kong’s National Security Law Could Threaten Local Crypto BrokeragesU.S. sanctions in response to Hong Kong’s national security law – and…

Dec 6, 2019 at 12:30 UTCUpdated Dec 6, 2019 at 13:28 UTCMicrosoft Collaboration Fuels 50% Rally for Enjin’s CryptocurrencyMicrosoft’s collaboration with blockchain gaming startup Enjin has prompted a roughly 50 percent surge in the project's native token over a two-day period.Enjin coin (ENJ) started to rise sharply from Wednesday afternoon (UTC) as news spread of…

Bitcoin (BTC) is back to levels not seen in nearly two months as it pushed past the $65,000 mark during U.S. morning hours on Thursday. The largest cryptocurrency by market cap traded just shy of $65,400 at press time, up 2.7% over the past 24 hours. The broader CoinDesk 20 Index was higher by 1.6%

Miners are increasing their network hashrate despite a recent drop in bitcoin prices, signaling a positive sentiment after a capitulation event that has typically marked price bottoms. A significant miner capitulation was observed with a spike in Bitcoin outflows to 19,000 BTC on August 5, the highest since March 18. This came as bitcoin's price

Apr 27, 2020 at 17:53 UTCUpdated Apr 27, 2020 at 18:28 UTCBlockchain Bites: Capital-Constraining Compliance and Tether’s ‘Interoperability Bridge’Dutch regulations are causing capital constraints among crypto startups, a crypto exchange is extending credit lines and Kentucky is looking to blockchain to manage its critical infrastructure. Last week, Bittr, a Dutch crypto exchange announced it would…