Key Bitcoin bull signal flashes for first time in nearly 2 years, hinting at 2x price surge
The Bitcoin price could increase by over two-fold based on a key bull signal historically correlated with price rallies.
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Huobi Meets ‘Loud and Clear’ Demand for Crypto Savings Accounts
Huobi makes a pitch to those who ”want to earn a good profit worry-free.” Singapore-headquartered exchange Huobi Global is rolling out cryptocurrency savings accounts tomorrow.The new product will go live at 7:00 a.m. UTC on Aug. 20, with availability restricted to certain jurisdictions. Residents of China, Hong Kong Japan, Singapore, the United States, Germany, and…
US lawmakers propose SEC chair consider legislation, not enforcement approach to crypto
Representatives French Hill and Dusty Johnson suggested the SEC may have undertaken certain actions on crypto “seemingly timed to coincide with related Congressional activity". 409 Total views 7 Total shares Two members of the United States House of Representatives have added their names to a list of lawmakers criticizing Securities and Exchange Commission (SEC) chair…
Parliamentary committee calls for shutdown of Worldcoin in Kenya
The committee’s recommendations included having the Kenyan government consider implementing a comprehensive framework for digital assets and virtual asset service providers. 179 Total views 12 Total shares A parliamentary committee in Kenya’s government tasked with investigating Worldcoin has recommended that regulators shut down the project’s operations in the country.According to a report released on Sept.
Vitalik Buterin talks crypto’s perils in Time Magazine interview
The “prince of crypto,” as Vitalik is referred to in the magazine, said the cryptocurrency industry has an image problem. 344 Total views 23 Total shares Ethereum co-founder Vitalik Buterin graced the front page of Time Magazine this month after he interviewed the publication about the potential perils of the industry he helped create. During the…
Argentina’s tax body reportedly asks crypto firms to report all activity
Argentina’s tax authority AFIP reportedly ordered domestic crypto exchanges and payment firms to provide monthly reports of all kinds of operations. 4726 Total views 22 Total shares A tax authority in Argentina is reportedly looking to scrutinize operations involving cryptocurrencies like Bitcoin (BTC).Argentina’s Federal Administration of Public Income, or AFIP, has ordered domestic crypto exchanges…
Traditional crypto custodians ramp up security to accommodate institutional demand
Institutional investors are paying close attention to digital assets as Bitcoin (BTC) continues to soar past record-breaking levels, almost reaching the valuation of $24,000 for the first time in its history.Recent findings from a Bank of America–Merrill Lynch survey conducted between Dec. 4 and 10 show that about 15% of fund managers with $534 billion…
Gubernatorial Candidate Wants to Make Colorado a ‘Blockchain Hub’
The Democratic candidate for governor of Colorado, U.S Representative Jared Polis, has added a blockchain policy to the list of issues of his gubernatorial campaign this year, according to an announcement on Polis’ website. Having set a goal to establish Colorado as a “national hub for blockchain innovation in business and government,” Polis added a…
US Moves Closer to Accepting Blockchain, Still Uncertain Over Crypto
Despite concerns expressed by many United States regulators during the recent House Committee on Financial Services’ hearing on Facebook’s proposed digital currency, Libra, an increasing number of U.S. lawmakers are speaking out in favor of developing a permissive regulatory apparatus to prevent stifling innovation in the cryptocurrency sector.Several days prior to the hearing, the passing…