Stablecoins can benefit financial system, Fed governor says
The United States national debt has crossed $35 trillion, with $500 billion added to the government debt in the last two weeks alone.
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Hong Kong crypto exchange license applications cost less than expected: Report
All unlicensed crypto exchanges have been kicked out of Hong Kong.
Analyst: Half of Crypto’s Top 10 Assets ‘Absolutely Do Not Deserve’ to Be There
The co-founder of crypto research house Blockfyre suggested that five of the top ten cryptocurrencies by market cap did not deserve to be there. 684 Total views 13 Total shares Simon Dedic has beef with crypto rankings. The co-founder of crypto research house Blockfyre specifically suggests that five of the top ten cryptocurrencies by market…
US Indicts Two More Men on Fraud and Extortion in SIM-Swapping Investigation
United States law enforcement has indicted two more men over alleged SIM-swapping scams involving cryptocurrency. A press release from the Northern District of California Attorney’s Office confirmed the indictment on Feb. 4.Ahmad Wagaafe Hared and Matthew Gene Ditman, who prosecutors accuse of conducting fraud, extortion and identity theft, were released on bond pending two trials…
Bitcoin dodges ‘sub-$30K liquidity grab’ — levels to watch now
Bitcoin (BTC) could still crash to $29,000 and lower, but price action is "healthier" than a week ago, the latest research concludes.In a fresh market update on Friday, analysts at trading suite Decentrader said that BTC price action is finally showing "green shoots of optimism."Eyes on "near-term relief bounce" for BTCAfter a difficult week in…
Data Shows the ‘Cheaper Altcoins Make Higher Returns’ Myth Is Flawed
For many investors crypto trading remains a rags-to-riches affair where inexperienced investors hope to strike it rich by buying the cheapest priced altcoins like many novice traders did in 2017.Currently, the majority of traders do not expect Bitcoin (BTC) to pump 50% or more in a single week as $18,400 seems rather infeasible. On the…
Bit Mining raises $50M to take operations out of China
Bit Mining is looking to exit China’s market in response to the recent government crackdown on mining. Shenzhen-based crypto mining firm, Bit Mining, is raising $50 million to fund an expansion out of the Chinese market.Announced on July 12, the firm has entered into an agreement with select institutional and accredited investors to raise $50…
US federal agency issues legal advisory on NFT investments
The advisory primarily targets reporting of NFTs investments that represent “property,” such as real estate. 259 Total views 6 Total shares The United States Office of Government Ethics (OGE) issued a legal advisory recommending various instances when senior government officials are required to disclose their investments in nonfungible tokens (NFT).In the legal advisory presented to…
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 20
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.Bitcoin rallied about 101.55% between April 2 and May 14. This…