Bitcoin price recovery driven by growing US financial concerns
Bitcoin price recaptures the $62,000 level as investor grow increasingly concerned about the fiscal health of the US
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Bitcoin breaks above $12.3K after PayPal confirms Venmo to become BTC wallet
The long-awaited “flippening” of fiat at PayPal will begin next year, as Bitcoin price action offers almost 5% daily gains. 444 Total views 6 Total shares Bitcoin (BTC) gained almost 5% on Oct. 21 as bullish price action combined with fresh corporate adoption news to boost gains.Cryptocurrency market daily performance overview from Coin360PayPal takes BTC…

US AML watchdog wants info on all international crypto transactions over $250
The proposed change would cut down FinCEN's longstanding $3,000 threshold. 215 Total views 2 Total shares The Financial Crimes Enforcement Network (FinCEN) and Federal Reserve are looking to get more information on smaller transactions than ever before. According to a notice of proposed rulemaking published on Friday, the agencies want to lower the $3,000 threshold established in 1995…

Redditor Creates BTC-Themed Game as Holiday Gift for Crypto Community
A Redditor has introduced a new Bitcoin (BTC) video game as a holiday gift to the crypto community.Shared on Dec. 24 on Reddit, the new “Satoshi vs. the Shills” Bitcoin game is a survival shooter game featuring Bitcoin’s anonymous creator Satoshi Nakamoto as the main character.The arcade game is available on the Google Play store…

Bitcoin’s many deaths: Is crypto market past ‘point of no return?’
Bitcoin and the broader crypto market have been gleefully declared dead more than a few times during bear markets, but some experts say it would take a genuinely extreme set of events for it to truly die.According to 99Bitcoins — a website that, among other things, tracks how many times Bitcoin (BTC) has been declared

ECB’s Yves Mersch Warns Libra Cryptocurrency Is ‘Facebook’s Siren Call’
Yves Mersch, European Central Bank’s key legal official, said that Facebook’s Libra stablecoin is “beguiling but treacherous” during a speech at the ECB’s legal conference in Frankfurt on Monday.Bloomberg reported on Mersch’s remarks in an article published on Sept. 2. Per the report, he said that private currencies have little or no prospect of establishing…

Standard Chartered joins China’s CBDC pilot testing
The British bank will provide e-CNY CBDC services to clients and explore its future use in China's financial system. 127 Total views 2 Total shares British multinational bank Standard Chartered will partake in trials of China's digital yuan central bank digital currency (e-CNY CBDC), one of the first foreign banks to do so in the

Bitcoin-friendly El Salvador can become the ‘Singapore of the Americas’: VanEck advisor
VanEck strategy advisor Gabor Gurbacs expects a wave of new investment capital and immigration will push El Salvador’s economic growth in the coming years. 114 Total views 1 Total shares El Salvador can follow Singapore’s lead and become a financial center in the Americas, according to Gabor Gurbacs, strategy advisor of investment management firm VanEck.“I

SEC launches crypto task force led by Hester Peirce
The US financial watchdog announced on Jan. 21 a task force aimed at developing a regulatory framework for digital assets.