Past rate cuts indicate potential crypto bull market catalyst — 21Shares

Bitcoin seems to be settling happily above $6,000 and is currently just north of $6,500 again. Let’s hope we’ve seen the last of those $5,000 movements and we’re ready for a steady climb back to double figures before the halving in mid-May. It’s getting closer.In the meantime, the Federal Reserve now appears to have merged…

The Dow Jones plummeted by 2.84% on June 26, recording a 9.27% fall since the month’s peak. As risk-on assets face the fear of a correction, the vulnerability of a near-term Bitcoin (BTC) price pullback may increase.While many fundamental factors are causing a stock market downtrend, analysts are pointing at the decline in liquidity as…

The venture capital firm assured partners it ran a rigorous due diligence assessment when it invested in FTX, finding the exchange to generate $1 billion in revenue and $250 million in operating income. 1608 Total views 39 Total shares Venture capital firm Sequoia Capital tweeted out a letter sent to its partners on Nov. 10…

The Monetary Authority of Singapore is seeking new retail CBDC solutions with a new global challenge offering cash prizes and expert digital currency mentorship. 731 Total views 3 Total shares The Monetary Authority of Singapore, the country’s central bank and a major financial regulator, is challenging fintech companies to pitch solutions for a central bank…

Crypto community members fear that Durov’s arrest may lead to stricter controls on decentralized technology.

Daiwa Securities Group, Japan’s second largest securities brokerage, has announced the completion of a blockchain proof-of-concept (PoC) in a press release shared with Cointelegraph on Feb. 19. The PoC implemented blockchain in the trade matching of post-trade processing.The blockchain pilot project, dubbed “JPX Proof-of-Concept Testing for Utilization of Blockchain / DLT in Capital Market Infrastructure,”…

As everyone waits on new KYC and AML regulators, many speak out to keep unhosted wallets free of controls. 1839 Total views 5 Total shares Major players in U.S. crypto lobbying are coming out in defense of non-custodial wallets.On Tuesday, the Blockchain Association released a new report presenting policy options for self-hosted wallets to regulators.…

The Big Issue, a street newspaper sold by the homeless in the U.K. and other countries, is launching a blockchain-driven platform to promote impact investing, The Financial Times reports Monday, Nov. 18.Three investment companies — UK Standard Life Aberdeen, U.S. Columbia Threadneedle, and AllianceBernstein — will join The Big Issue as founders of the platform…

Recent reporting by Cointelegraph shows that Bitcoin (BTC) spending has retraced since March 9 amid the worsening coronavirus pandemic. Data from blockchain analytics firm Chainalysis also shows that even the amount of Bitcoin spent on illicit activities through darknet marketplaces is down from pre-coronavirus levels.Despite the reduction in transactions, traders still view the current prices…