Bitcoin traders celebrate ‘good news’ as BTC price trades above $57K

RBA Assistant Governor Brad Jones said the potential benefits of a retail CBDC in Australia appear modest or uncertain at present.

Bitcoin traders are eyeing $68,000 if it can stay above $64,000, a level it has struggled to hold above for 20 days.

The United States Internal Revenue Service classifies crypto as property, meaning you can trigger taxes every time you use crypto to buy something. You might be using it to pay for a Tesla electric vehicle — oh, sorry, that’s not possible anymore — a cup of coffee or even a castle in Europe. You might…

The Australian Securities and Investments Commission (ASIC) has issued another warning on May 21 against an alleged crypto-related scam project.According to the report, the Australian financial regulator has today published a warning against an alleged scam entity dealing under two names, Dartalon Ltd and GFC Investments.The ASIC has red flagged the entity, reportedly claiming that…

Ripple SVP Brooks Entwistle said that the crypto winter has happened before and will “happen again,” and that people should focus on building instead. 384 Total views 5 Total shares Cointelegraph's editor-in-chief Kristina Cornèr interviewed Brooks Entwistle, Ripple’s senior vice president (SVP) for global customer success at the World Economic Forum (WEF) at Davos, Switzerland,…

Uzbek president Shavkat Mirziyoyev has ordered the establishment of a state blockchain development fund called the "Digital Trust", according to a document published on official government website Sunday, September 2.The fund's aim is to integrate blockchain into various government projects including healthcare, education, and cultural areas. The organization will also be responsible for international investment…

After trading near the $20,000 level for several days, Bitcoin (BTC) turned down sharply and dropped below $19,000 on Sept. 6. The fall was not limited to the cryptocurrency markets as the United States equities markets also closed lower on Sept. 6. Risky assets have been facing selling pressure in the past few days as…

Making any cryptocurrency a national currency “is an inadvisable shortcut” to more inclusive financial services, according to two IMF officials. 1529 Total views 19 Total shares The International Monetary Fund is warning that some of the consequences of a country adopting Bitcoin as a national currency “could be dire.”According to IMF marketing department financial counsellor…

Travala.com’s proprietary token joins the list of crypto assets accepted by cryptocurrency payment processor, CoinGate. 1892 Total views 49 Total shares Travala.com’s proprietary token (AVA) joined the list of crypto assets accepted by cryptocurrency payment processor, CoinGate.According to an exclusive announcement sent to Cointelegraph on May 21, CoinGate has integrated Travala.com’s native AVA token into…