Bitcoin price drop below traders’ cost basis warns of deeper sell-off

The timing of opening the subsidiary was unfortunate, a spokesperson told Bloomberg, although the company held up to the crypto winter for quite a while. 662 Total views 2 Total shares Own this piece of history Collect this article as an NFTCryptocurrency financial services company Blockchain.com will suspend operations of its asset management subsidiary, according…

The Singapore Fintech Association and R3 have entered a partnership to provide startups in the SFA network with access to R3’s Corda blockchain. 434 Total views 7 Total shares The Singapore Fintech Association and R3 have entered a partnership to provide startups in the SFA network with access to R3’s Corda blockchain.In an announcement on…

Senator Cynthia Lummis said that non-crypto-versed Senators will need some time to understand and digest the proposals. 263 Total views 4 Total shares The major bipartisan crypto bill led by U.S. Senators Cynthia Lummis (Republican) and Kirsten Gillibrand (Democrat) will most likely be deferred to next year according to the duo. Speaking during Bloomberg’s Crypto Summit…

Jerome Powell called for a “thorough, transparent, and swift review” of the Federal Reserve's supervision and regulatory activities following Silicon Valley Bank's closure. 993 Total views 14 Total shares Own this piece of history Collect this article as an NFTMassachusetts Senator Elizabeth Warren, one of the more prominent anti-crypto voices in the United States Congress,…

It seems as though the potential benefits of cryptocurrency are often overshadowed by the technology’s inherent vulnerability to exploitation. And it’s true, crypto adoption does come with risks. Over the past year, governments from around the world have raised concerns that crypto could be used to finance terrorism or other illicit activity like money laundering. There…

Over 60% of the total Bitcoin (BTC) in circulation has not left its wallet in more than a year, highlighting demand among investors. That was the conclusion of analyst Rhythm, who uploaded statistics about Bitcoin network activity on Dec. 2. BTC investors shun risk and short-term gainsOf the roughly 18.08 million Bitcoins which have been mined, 11.58…

Mutual funds in Russia will not be allowed to provide crypto exposure to qualified or unqualified investors. 922 Total views 24 Total shares The Russian central bank continues its strict policies regarding the cryptocurrency industry, now officially banning mutual funds from investing in cryptocurrencies like Bitcoin (BTC).On Dec. 13, the Bank of Russia published an…