Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Price analysis 9/6: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
Bitcoin (BTC) has been trading between $25,333 and $26,156 since Sept. 1. Typically, a volatility squeeze is followed by an expansion in volatility, but it is difficult to predict the direction of the breakout with certainty.CoinGlass data shows that Bitcoin has fallen for six consecutive years in September. This historic data could keep the bulls
CBDC will improve tax collection — Argentine central banker
Juan Agustín D’Attellis Noguera publicly supported Sergio Massa in promoting a central bank digital currency as a remedy for the national economy. 246 Total views 6 Total shares Juan Agustín D’Attellis Noguera, a director of Banco Central de la República Argentina, the country’s central bank, publicly supported the Minister of Economy Sergio Massa in his promotion
Nigerian Banking Regulator Warns Bitcoin’s Disintermediation Is a ‘Critical Concern’
The director and chief executive of the Nigeria Deposit Insurance Corporation (NDIC) has expressed concerns about cryptocurrencies and disintermediation, English-language Nigerian news outlet The Sun reported Dec. 12.Disintermediation is when consumers begin investing directly in markets, rather than through intermediates like banks.The NDIC was established in 1988 to ensure safety in the just-liberalized banking sector.…
Switzerland’s First Licensed Crypto Bank is Eyeing Singapore Next
Sygnum is in talks with local regulators to seal a banking license in Singapore, Bloomberg reported on Aug. 28.The cryptocurrency firm has only just been issued a conditional banking and securities dealer license in Switzerland — and now aims to become a fully regulated bank on the island nation so it can provide a full…
US senators target crypto in bill enforcing sanctions on terrorist groups
Senator Elizabeth Warren isn’t leading the charge on this bill linking crypto transactions to terrorism — it comes from Senators Mitt Romney, Mark Warner, Mike Rounds and Jack Reed. 144 Total views 3 Total shares A bipartisan group of lawmakers in the United States Senate introduced legislation aimed at countering cryptocurrency’s role in financing terrorism
France’s metaverse consultation seeks input on alternative to tech ‘giants’
The French government is seeking public comment on the metaverse, or what it’s calling the “virtual immersive universe,” to shape “a French strategy” for the up-and-coming sector and offer an alternative to the “international giants.”On April 11, France’s Directorate General for Enterprise issued a consultation calling upon companies, associations, citizens and researchers to answer a…
Active Bitcoin addresses surged 30% in late July, data shows
The amount of Bitcoin held on addresses storing between 100 and 10,000 BTC has hit 9.23 million Bitcoin for the first time ever. 1106 Total views 10 Total shares Amid a renewed bullish trend on the cryptocurrency markets over the past few weeks, more users have moved into trading Bitcoin (BTC), the world’s largest cryptocurrency…
Canadian regulator will hold hearing against Bybit for alleged violations of securities law
The commission alleges Bybit exposes local investors "to unacceptable risks and create[s] an uneven playing field within the crypto asset trading platform sector.” The Ontario Securities Commission has issued a notice stating that it will be holding a hearing against Bybit regarding the crypto exchange allegedly “flouting” Canadian securities law.In a Monday notice from the…