Bitcoin traders stress 'bullish' market while BTC price threatens $60K
BTC price support may be at risk of a breakdown, but Bitcoin market perspectives see “bullish market structure” prevailing.
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Reuters: Binance was withholding information from regulators, repeatedly shunned own compliance department
According to the investigation, the world's largest crypto exchange pursued growth while dodging regulatory scrutiny. In a report published on Friday, Reuters laid out the findings of its investigation into the regulatory compliance practices of Binance, the world’s largest cryptocurrency exchange by trading volume.The authors suggest the existence of a recurring pattern whereby the company’s…
Fear, Greed and the Evolution of Money in the Age of the Coronavirus Pandemic
The COVID-19 pandemic is not going to end soon. Fear and anxiety have skyrocketed, and nearly half of the people in the United States feel the coronavirus has harmed their mental health. People are scared, anxious, depressed, on edge and struggling to sleep through the night.We watched as China took extreme measures to improve the…
India: Police Arrest Four More Suspects in Alleged $14 Million Crypto Scam
Law enforcement in Mumbai, India have arrested four more suspects allegedly involved in a cryptocurrency scam that amassed an estimated 1 billion rupees (over $14 million). English-language daily media outlet The Times of India reported on the arrests on March 22.Per the report, the police arrested Ashok Goyal Jaipuria, Asif Malpani, Baljit Singh Saini and Pradeep Arora…
NFT collections brought to life at SXSW: Doodles and FLUF World
Cointelegraph journalists at South by Southwest, or SXSW, in Austin, Texas reported that NFTs were everywhere this year, marking a new phenomenon for what began as a music festival in 1987. Since evolving into a film, tech and general culture gathering, and after a two-year hiatus, SXSW added blockchain programming to the mix with crypto-related panels, blockchain company…
Rhode Island introduces ‘vital’ blockchain growth act
A new Rhode Island House bill aims to revamp state legislature to create a regulatory environment more conducive to “vital” blockchain growth. 1653 Total views 11 Total shares A new bill introduced to the Rhode Island state legislature aims to boost the state’s economy by opening up the “Ocean State” to blockchain innovators.Dubbed the Rhode…
Binance to Launch Its Own Blockchain ‘Binance Chain’ in ‘Coming Months’
Binance, the world’s largest crypto exchange by trading volumes, will launch its own blockchain “Binance Chain” in the “coming months,” as the company revealed in a tweet on Dec. 4.The new Binance-backed blockchain aims to provide a basis for creating new cryptocurrencies and Initial Coin Offering (ICO) tokens, as the company said in the tweet:“Binance…
Elon Musk’s ‘DOGE’ gov meme sends political speculation soaring
Musk previously signaled he was ready and willing to serve if Donald Trump is elected president of the United States.
Decred Co-Founder: CBDCs Can Facilitate Crony Capitalism
Co-founder of Decred believes that the CBDCs could create greater information asymmetries that would benefit ruling elites. 3079 Total views 44 Total shares Decred (DCR) co-founder Jake Yocom-Piatt believes that the emergence of CBDCs will facilitate the growth of crony capitalism. He speculates that if successful, central banks will be able to play favorites without…