Bitcoin traders hope bottom is in after BTC price bounces 9% from lows

Many in the crypto space are calling for the U.S. to assert its foundational principles by implementing crypto policies in opposition to China. 194 Total views 7 Total shares In the wake of yet another iteration of China’s enduring crackdown on cryptocurrency, a particularly influential narrative on Crypto Twitter suggests that by banning Bitcoin (BTC),…

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Global Bitcoin ATM network shrinks by 334 machines in under 40 days, with the US and Europe seeing the most significant reductions.

Perpetrators have impersonated delivery drivers in order to break into the homes of victims to steal cryptocurrency. 219 Total views 7 Total shares A Canadian police department has issued a public warning of a possible trend where high-value cryptocurrency investors are being robbed in their own homes.On July 19, the Royal Canadian Mounted Police (RCMP)…

Controversial German payments processor Wirecard — the issuer of several crypto debit cards — has been implicated in a new report on alleged criminal activities by a Mastercard executive operating at the troubled FBME bank in Cyprus.In 2014, the United States’ Financial Crime Enforcement Network had banned U.S. financial institutions from dealing with FBME after…

An ascending triangle formation has driven the total crypto market capitalization toward the $1.2 trillion level. The issue with this seven-week-long setup is the diminishing volatility, which could last until late August. From there, the pattern can break either way, but Tether and futures markets data show bulls lacking enough conviction to catalyze an upside…

KPMG forecasts that Singapore's crypto investment will remain strong this year with increasing regulatory scrutiny. 563 Total views 5 Total shares Singapore has seen a tenfold increase in crypto-related investments last year worth $1.48 billion, up from $110 million in 2020, according to KPMG's Pulse of Fintech report.As per the study, the city-state has long…

The bear market has not been easy on the crypto market, especially when it comes to initial coin offerings (ICOs). The demand for small-value tokens issued by relatively unknown projects — some of which eventually might or might not turn out to be viable investments — has been dying out, and the days of “to…