SEC settles charges against TrueCoin, TrustToken over TrueUSD
The securities regulator claims the token is undercollateralized and its backing funds are in a risky overseas investment.
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Singapore central bank to trial live wholesale CBDC for settlements
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‘Extreme fear’ as Bitcoin falls below $40K … and then bounces
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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.
Bitcoin targets $16.7K amid fear BNB may ‘drag whole crypto market down’
Bitcoin (BTC) looked set to ditch $17,000 after the Dec. 16 Wall Street open as United States equities continued to fall.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst: $240BNB "has nothing but air below it"Data from Cointelegraph Markets Pro and TradingView tracked new intraday lows of $16,743 for BTC/USD on Bitstamp.The pair had abruptly dived nearly…
South Korea Considers Blockchain-Run Free Trade Zone
The South Korean government considers a free trade zone for industrial hemp run on a blockchain-based platform. Andong, a city in the Gyeongbuk province of South Korea, announced on July 7 that they’ve been granted a permit to operate a free trade zone for industrial hemp. They additionally announced that they will manage their operations…
Small value crypto transfers in Africa have increased by 55%
Africans are turning to cryptocurrencies to avoid high fees and currency instability, with transfers to and from the continent increasing 55% over the last year. Africans are increasingly turning to cryptocurrencies as a means of exchange over local fiat currencies, according to a new report from blockchain analytics firm Chainalysis.Data from the firm shows that…
Bitcoin Price: 2 Key Indicators Suggest Accumulation Underway Below $10K
Bitcoin (BTC) finished a volatile week at $8,282 which is a 5% increase for the week but still 6% away from the highs of over $8,800. This morning, Bitcoin took another knock at opening, trading slightly lower alongside the rest of the cryptocurrency market and traditional markets.XRP has thus far bucked the trend and is up…