BTC reclaims $100K but weekly chart forming ‘bearish engulfing’ candlestick

Former SEC official John Reed Stark has criticized the misuse of “regulation by enforcement” claims in a hearing before U.S. Congress.

The research branch of Nansen, a popular blockchain data firm, has published a meticulous twelve-page report quantifying the performance of Ethereum-based nonfungible tokens, or NFTs, since the turn of the year, unveiling a number of compelling indications as to the economic and cultural future of the ecosystem.Citing the profound impact of traditional financial indexes such…

South Korea’s President Moon Jae-In stated that regulatory innovation regarding blockchain technology is now a question of survival.Regulatory innovation is not a matter of choice anymore, it is a question of survivalThe President of South Korea stressed the importance of the development of new regulatory approaches towards new technologies such as blockchain in the light…

The bank reported holding $143,111 worth of shares of the ProShares Bitcoin Strategy ETF, Grayscale Bitcoin Trust and Bitcoin Depot.

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.Industry experts are confident in DeFi and believe the sector would continue to see adoption despite its security flaws, primarily due to the mammoth failure of centralized exchanges. Despite the…

Major South Africa’s crypto exchange Luno has continued growing, having processed more than $5 million worth of crypto in August 2019.Marius Reitz, general manager for Africa at Luno, claimed that over 80 million South African rands ($5.4 million) worth of crypto has been completed on Luno’s South African platform on a daily basis in the…

Bitcoin (BTC) starts a new week with some fresh hope for hodlers after halting what has been the longest weekly downtrend in its history.After battling for support throughout the weekend, BTC/USD ultimately found its footing to close out the week at $29,900 — $450 higher than last Sunday.The bullish momentum did not stop there, with…

Popular crypto-collectibles, CryptoKitties, has just launched 100 tokens depicting ‘Catterina’ — a new collectible drawn by brand ambassador, Momo Wang — on the Winklevoss-backed exchange Nifty.Wang is best known for drawing a cartoon rabbit, Tuzki, that is shared millions of times each day across Facebook and WeChat.Nifty’s surprise CryptoKitties drop sells out in minutesTwo and…

A group of angry users attacked crypto exchange employees after withdrawals were halted, according to local media. Own this piece of crypto history Collect this article as NFTNigerian customer's of the crypto exchange AAX reportedly attacked the company's office in Lagos and harassed its employees, in a response for the recent halt of withdrawals, according…