Crypto founders share debanking stories during ‘Operation Chokepoint 2.0’
Frax Finance was allegedly among the crypto companies targeted by the debanking effort, according to the platform’s founder.
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Visa launches tokenized asset platform for digital asset management
Visa announced its tokenized asset platform for issuing and managing digital assets, which includes stablecoins and CBDCs, to meet growing demand in the blockchain space.
Bitcoin price falls under $29.5K after ‘unexpected’ 40-year high US inflation
Bitcoin (BTC) fell sharply on June 10 after surprisingly high inflation data from the United States rattled markets before the Wall Street open.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: Bitcoin will be "painful" if $29,300 fails to holdData from Cointelegraph Markets Pro and TradingView tracked a $600 dive for BTC/USD as May's Consumer Price Index (CPI)…
Government of Abkhazia to Intensify Identification of Crypto Mining Farms
Abkhazia, an autonomous region in northwest Georgia, is planning to intensify the works on the identification of cryptocurrency mining farms in the region.According to a news release published on the Cabinet of Ministers’ website on Dec. 12, Prime Minister of Abkhazia Valeri Bganba held a meeting dedicated to the current state of the region’s electricity…
Bitcoin price sees ‘hell of a reversal candle’ as 168,000 BTC leaves exchanges
Nothing keeps a Bitcoin bull down for long, and now, BTC price action is back above $30,000 after 24-hour gains of 30%. 524 Total views 2 Total shares Bitcoin (BTC) came back with a vengeance on May 13 as bulls stepped in to take the market to near $31,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin…
$13B Custodian Launches Retirement Account Supporting Bitcoin
Kingdom Trust, a regulated custodian managing over $13 billion in assets, has launched a retirement account supporting both Bitcoin and legacy assets. 1220 Total views 45 Total shares Kingdom Trust, a South Dakota-based financial custodian that manages more than $13 billion in assets, has launched a retirement account that supports legacy, alternative, and crypto assets.The…
UK crypto bill to restrict services from abroad: Report
The regulatory amendments will broaden the powers of the country's financial regulator and put the crypto industry under tighter scrutiny. Own this piece of crypto history Collect this article as NFTDespite the Conservative Party's rhetorical embracement of crypto under the new Prime Minister Rishi Sunak, the upcoming regulatory framework will reportedly tighten scrutiny over the…
Traditional Exchanges Pull Back From Reg A+ IPOs Due to Fraud Concerns
Traditional exchanges are holding off on Reg A+ initial public offerings (IPOs) following problematic offerings like that of purported cryptocurrency firm Longfin Corp., the Wall Street Journal (WSJ) reported on June 10.Earlier in June, the United States Securities and Exchange Commission’s (SEC) filed fraud charges against Longfin. The SEC claimed that Longfin fabricated 90% of…
Bitcoin whale support lines up as trader says $14K ‘most bearish’ BTC price target
Bitcoin (BTC) survived another night without breaking $20,000 on June 17 as $14,000 cemented itself as a likely bottom level.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader plans to go "all in" on BTC at $14,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $20,220 on Bitstamp overnight before rebounding up to $1,200 higher.The pair…