Crypto Biz: Tether’s 10 years with meteoric growth, ties to US, European hurdles
Tether has achieved its first 10 years with a considerable jump in its user base, a closer relationship with US authorities and fresh regulatory challenges in Europe.
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Bitcoin yo-yos on US macro data amid call for BTC price to retest $17K
Bitcoin (BTC) flashed volatility at the Jan. 6 Wall Street open after fresh United States economic data disappointed risk-asset bulls.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst: BTC price in line for $17,000 retestData from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $16,669 on Bitstamp around non-farm payrolls and unemployment figures.Both those came in better…
G7 pushes accelerating global implementation of ‘travel rule’ for crypto assets
Group of 7 members met in Japan, where they discussed CBDCs and crypto regulation, with an eye toward quickly implementing the “Travel Rule” for crypto assets. 664 Total views 3 Total shares The G7 committee recently met in Niigata, Japan to discuss, among other topics, the global financial implications for central bank digital currencies (CBDCs)…
Opportunities for blockchain in police investigations
The problem of spreading cybercrime is becoming more acute today, and developed countries with high gross domestic product rates suffer from it to a much greater extent than developing countries. This is due to the fact that the more advanced technologies are used by society, the stronger its dependence is on digital structures. And this,…
Bitcoin Price Fills New Futures Gap as Bullish BTC Heads to $12K
A retest of $11,500 gives the impression that the bulls are not done when it comes to Bitcoin, which convincingly bounced off $11,000. Bitcoin (BTC) rose to fill a significant gap in its price history on Aug. 3 as bulls remained in control and took BTC/USD towards $12,000.Data from price charts including Coin360 showed the…
Bitcoin low volume sparks BTC price warning as metric hits ‘value zone’
Bitcoin (BTC) price action may be “unsustainably high” as one metric hits its highest levels in seven months.Data from on-chain analytics firm Glassnode confirms that on Dec. 21, Bitcoin’s network value to transaction (NVT) signal reached levels not seen since April.Bitcoin activity may not support $17,000 BTC priceCreated by statistician Willy Woo, NVT essentially measures…
World Economic Forum Debuts Framework for Central Bank Digital Currency
The World Economic Forum (WEF) — together with some of the world's major central banks — has created a central bank digital currency (CBDC) policymaker toolkit.According to an announcement on Jan. 22, the toolkit is the WEF's attempt to help policy-makers understand whether deploying a CBDC would be advantageous and guide them through its design.The…
Thailand to target DeFi in latest regulatory clampdown
A new DeFi yield farming platform in Thailand has rattled regulators. 1684 Total views 3 Total shares In their latest effort to regulate the cryptocurrency industry, Thailand’s financial regulators have turned their sights towards decentralized finance, or DeFi.According to a June 1 report from Bangkok Post, Thailand’s Securities and Exchange Commission (SEC) has announced that…
Cardano’s MuesliSwap introduces ‘organic APR,’ drawing praise, criticism
The new feature increases token emissions if more liquidity is put into the pool. Crypto Twitter is divided, to say the least. 378 Total views 1 Total shares Own this piece of crypto history Collect this article as NFTCardano’s decentralized exchange has announced a new feature to draw in liquidity. Called “organic APR,” the feature increases…