Bitcoin volatility ‘ramping up’ above ATH levels as price retests $62K
Bitcoin’s volatility is now higher than it was on the day of its all-time high in March, with traders suggesting this could signal the end of the “massive consolidation.”
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Crypto Market Continues to Show Green Candlesticks, BTC Recovers to $8,200
Monday, Oct. 7 — Bitcoin (BTC) continues its rebound together with most of the other cryptocurrencies, with notable gainers Chainlink (LINK) and Tron (TRX) breaking 10% gains on the day.Cryptocurrency market daily overview. Source: Coin360The world’s most popular crypto coin closed the week with a selloff, pushing its price well below the $8,000 mark and recording…
Gemini launches ETF and fund manager-focused custody, clearing, and trade service
The new service will tailor to companies offering retail investors exposure to cryptoassets through traditional investment channels 2276 Total views 15 Total shares Being your own bank isn’t for everyone — and that includes companies and fund managers looking to issue cryptocurrency investment vehicles.Cryptocurrency exchange and custodial services provider Gemini announced today the launch of…
CFTC commissioner appoints senior policy adviser experienced in digital asset regulation
Keaghan Ames worked at Credit Suisse for more than two years as vice president and head of U.S. regulatory policy, which included advising executives on digital assets regulation. 253 Total views 12 Total shares In a Friday announcement, Pham said Keaghan Ames will be her counselor and senior policy adviser at the CFTC starting May…
Bitcoin not a currency? South Africa to regulate crypto as financial asset
South Africa’s Reserve Bank will regulate cryptocurrencies as financial assets, and new laws are expected over the next 12 months. 895 Total views 22 Total shares The South African Reserve Bank is set to introduce regulations next year that will see cryptocurrencies classed and treated as financial assets to balance investor protection and innovation.Cryptocurrency use…
TORN price sinks 45% after U.S. Treasury sanctions Tornado Cash — rebound ahead?
TORN is near a historically strong support range, eyeing a 75% rebound by September 2022. 211 Total views 3 Total shares Tornado Cash (TORN) has lost almost half its market valuation two days after being slapped with sanctions by the U.S. Treasury Department.The department accused Tornado Cash, a crypto mixer platform, of laundering more than…
Altcoins need ‘substantial bull market’ to avoid VC funding drought: Analyst
A “substantial bull market” is needed to avoid VC funds drying up after too much money was allocated to funds “clearly underperforming benchmarks,” a crypto analyst says.