BitConnect promoter banned for 5 years by Sydney District Court

Despite seeing themselves as more “risk averse” than their older counterparts, nearly a third of all young Australian investors hold or have traded cryptocurrencies over the last year, a new study has found.In an Australian investor study from the Australian Securities Exchange (ASX), 46% of “next generation investors” — the report’s terminology for investors aged…

The majority of the Ripple (XRP) holders were waiting for the yearly Swell conference to bring some excitement to XRP price. However, the price didn’t move at all and Ripple is searching for annual lows on its USD pair. Crypto market daily performance. Source: Coin360The question is, was it reasonable for investors to expect a vast…

Decentralized finance, or DeFi for short, became a buzzword in 2019 following the valuations of MakerDao and Compound after both companies raised sizable rounds from the elite Silicon Valley-based Venture Capital firm Andreessen Horowitz.2020 has been a difficult year for the crypto DeFi sector — it’s been going through the wringer. Over the weekend, the…

The app is expected to cease operations on March 16, 2023. 516 Total views 3 Total shares Own this piece of history Collect this article as an NFTDigital asset platform Bakkt has announced its plans to shift its focus to B2B technology solutions. The company said it will soon be sunsetting its consumer-facing app, which…

Year-to-date, the price of Bitcoin (BTC) is up 40% against the United States dollar, and other major cryptocurrencies such as Ethereum and Litecoin have also demonstrated strong gains in the past four months.Performance of crypto assets in the past month. Source: coin360.ioLitecoin, for instance, recorded a staggering 208% increase in value since January — outperforming…

South Korean officials are considering a revision of existing regulatory frameworks regarding digital currencies, local media outlet ZDNet Korea reported on April 4.Speaking at the Deconomy conference in Seoul, top government officials reportedly stated that the country has to re-evaluate cryptocurrency policies in order to facilitate the growth and maturity of the cryptocurrency market. One…

The traditional financial system is heading to a disaster with about $17 trillion in global bonds returning negative-yields. “The whole concept of negative yields, of people paying for the privilege of lending money, is insane behavior to me,” said William Eigen, a veteran fund manager at JPMorgan Asset Management, in an interview with Bloomberg.Gemini crypto…