China’s crypto ban fails to stop scams as Shaanxi police arrest 4 suspects
Mainland China quickly and effectively addresses crypto fraud incidents despite banning crypto transactions a few years ago.
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UK financial watchdog extends registration deadline for some crypto firms
As of March 25, there are 12 firms permitted to “carry out crypto asset activities” under FCA temporary registration status, including CEX.IO, Revolut and Copper. 340 Total views 63 Total shares The Financial Conduct Authority, the United Kingdom’s financial regulator, has extended the temporary registration status of some firms offering crypto services beyond its Friday…

Bitcoin dips below $80K as Trump Canada tariffs halt BTC price comeback
Bitcoin price action rebounding past $82,000 was short lived thanks to another US tariff announcement sending crypto and risk assets back to square one. Bitcoin (BTC) cooled a 7% rebound after the March 11 Wall Street open as familiar headwinds sparked market jitters. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin, stocks deflate on fresh tariffs letdown

Sam Bankman-Fried’s lawyers appeal decision on bail, citing First Amendment issues
Lawyers questioned a judge's decision to revoke bail on Aug. 11, claiming SBF speaking to a journalist about Caroline Ellison was "protected First Amendment activity". Lawyers representing Sam Bankman-Fried, or SBF, have filed an appeal claiming the former FTX CEO’s bail was revoked “in retaliation for him exercising his First Amendment rights” and not witness…

Decentralized Platform Qtum Introduces Bitcoin Atomic Swaps to Its Mainnet
Blockchain platform Qtum is introducing Bitcoin (BTC) atomic swaps to its mainnet infrastructure, according to a press release shared with Cointelegraph Jan. 9.Atomic swaps are a technology that enables the exchange of one cryptocurrency for another without the need for a trusted third party or centralized exchange infrastructure.The implementation of Qtum-to-BTC atomic swaps has been…

Traders say ATOM could eventually do an AVAX-like surge to $100
Cosmos (ATOM) has the potential to record major gains in the upcoming weeks primarily because its longer-timeframe chart is showing a bullish continuation pattern. Dubbed "bull flag," the structure appears as the asset trends lower while bouncing between two downward sloping trendlines. However, it eventually breaks out of the range, in the direction of its previous…

Record $113M BUSD stablecoin inflow shows Binance is serious about DeFi
New data from CryptoQuant, an on-chain analytics firm, shows $113 million worth of Binance USD (BUSD) has flowed into Binance exchange over the past week. This means BUSD stablecoin now has the highest potential buying power over all other USD-based stablecoins except for Tether (USDT).BUSD inflow to Binance. Source: CryptoQuantBinance’s new USD-backed stablecoin is ERC-20-based…

Ethereum could go to $10K in 2021 and outperform Bitcoin, says veteran trader
According to professional trader Scott Melker, Ethereum’s “tremendous upside potential” could overshadow Bitcoin this year. 715 Total views 15 Total shares Ethereum is likely to outperform Bitcoin, at least in the short term, said veteran trader Scott Melker in an exclusive interview with Cointelegraph. Alt szn is upon usMelker sees this period of Bitcoin’s price consolidation…

BitMEX’s Arthur Hayes surrenders in Hawaii, released on $10M bond
The former CEO of BitMEX surrendered in Hawaii and was later released after posting a $10 million bond. 3057 Total views 23 Total shares Former BitMEX CEO Arthur Hayes surrendered to U.S. authorities in Hawaii on Tuesday, six months after federal prosecutors first levied charges against him and three fellow BitMEX executives.In a statement, Hayes’…