Price analysis 6/5: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX
Bitcoin remains stuck inside a range, but solid inflows into spot ETFs suggest investors anticipate an upside breakout.
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Crypto debanking could drive industry underground: Australian Treasury
The Australian government is addressing the risks of cutting banking services to crypto exchanges amid a flurry of banks restricting certain services over scams. The growing trend of banks cutting services to cryptocurrency companies in Australia could lead to undesired consequences like making the industry less transparent, according to the country’s Treasury Department.On June 28,…
Profit taking? Institutional crypto fund inflows drop 97% in three weeks
CoinShares has reported “evidence of potential profit taking” among institutional investors, as weekly crypto fund inflows drop 97% in less than one month. 1952 Total views 10 Total shares Capital inflows into crypto funds and investment products plummeted during the first week of January after posting new all-time highs in late-December.According to crypto fund manager…
Binance takes credit for thwarting an attempted exit scam on its blockchain
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South Korean Government to Exclude Sale, Brokerage of Digital Assets from Venture Business
South Korean cabinet ministers have agreed to exclude digital assets trading companies from venture business classification, Business Korea reported September 27. Back in August, the country’s Ministry of Small and Medium-sized Enterprises (SMEs) and Startups (MSS) had already excluded cryptocurrency exchanges from legislation governing venture businesses, Cointelegraph reported.During the recent cabinet meeting held under the…
US lawmakers urge SEC’s Gensler to approve spot Ethereum ETF
U.S. lawmakers argued that a potential spot Ether ETF would offer investors access to ETH in a more regulated and safe format.
Bitcoin trader warns of local BTC price top after $530M ETF inflows
BTC price “profit taking” has resulted from large ETF inflow days in the past, while both Bitcoin and Ether shrug off the latter’s ETF launch day.
Payments Processor Stripe Launches Lending Service for Online Companies
Online payments processor Stripe announced the launch of its lending service Stripe Capital for the U.S. internet businesses.On Sept. 5, Stripe announced the launch in a blog post, noting that — once approved — access to funds is usually granted on the next day. The press release states:“Stripe Capital’s full integration with Stripe means there’s…
Attack of the bots! Paxful fights off thousands of automated threats
Bad actors allegedly tried to brute force their way into accounts belonging to Paxful's users in an ongoing series of attacks. 1518 Total views 17 Total shares Paxful, a peer-to-peer cryptocurrency marketplace, has successfully defended against a number of serious threats, including 220,000 bot attacks and a variety of social engineering ploys — all in…