Crypto pyramid scheme leader extradited to China after global pursuit

The United Arab Emirates’ (UAE) central bank (UAECB) and the Saudi Arabian Monetary Authority (SAMA) have announced that the interbank digital currency they are co-developing will be called “Aber.” The news was reported by the national Saudi Press Agency on Jan. 29.A joint statement from the banks has reportedly outlined that the use of Aber…

According to a 2024 analysis by the Federal Reserve, 7% of adults in the United States currently hold or have used crypto in the past.

The Thai Revenue Department had initially intended to tighten oversight of cryptocurrency trading after seeing substantial market growth. 405 Total views 22 Total shares Thailand has decided to suspend the implementation of its 15% cryptocurrency capital gains tax for now. The proposal, which was presented earlier this year, triggered a lot of opposition, but it…

“Out of the 80% of Top 50 hedge funds in the world we’ve spoken to, they all are embarking on some sort of crypto journey,” says Olsson. 115 Total views 22 Total shares In an interview with Cointelegraph reporter Joe Hall on April 12, David Olsson, global head of institutional distribution at BlockFi, shared his…

eToro users eased up on every cryptocurrency in Q2 2020 with the exception of Tezos, according to the brokerage firm’s latest report. 1108 Total views 14 Total shares eToro experienced a decline in growth of investor interest in every cryptocurrency except Tezos (XTZ) in the second quarter of 2020.Top 5 cryptocurrencies by the growth in…

Friday, Dec. 26 — crypto markets are tentatively recovering after hefty losses hit all major cryptocurrencies yesterday on Christmas Day. All of the top 10 coins by market cap are seeing mild losses or gains of within a three percent range both red and green, as data from Coin360 shows.Market visualization by Coin360Bitcoin (BTC) has…

The correlation between Bitcoin and gold daily returns is increasing, leading investors to expect further upside from BTC price. 278 Total views 1 Total shares As Bitcoin (BTC) rallied to its 2020 high of $11,392 this week, its correlation with gold increased and at the moment, BTC’s monthly correlation with gold on daily returns sits…

A new report on Japanese crypto regulation, an institutional crypto custody service, and more headlined news from Japan this past week. 367 Total views 22 Total shares This week’s headlines from Japan included research company Xangle releasing a report on Japanese crypto regulation, Binance supporting Japan's language but not its residents, SBI Holdings turning gift…