Tag: cryptocurrencies
All news related to cryptocurrencies, the digital assets that are revolutionizing the finance sector.
40% of Institutional Investors Will Buy More BTC
Reading Time: < 1 minuteAccording to a survey conducted by London-based cryptocurrency fund Nickel Digital Asset Management, 82% of the 100 investors and wealth managers plan to acquire more digital assets until 2023.
Market Update – The Bitcoin Price Increases by Almost $1,000
Reading Time: 2 minutesThe price of the market’s largest cryptocurrency by capitalization has added almost $1,000 over the past day to currently trade at $34,226,91.
FATF Says Regulation of Crypto Industry is Insufficient
Reading Time: < 1 minuteEven though several countries have made progress in regulating the cryptocurrency industry, there is still a long way to go.
Market Update – Bitcoin Adds Around $200 Since Friday
Reading Time: < 1 minuteThe price of the largest cryptocurrency by market cap has experienced major changes during the weekend that took it to almost touch $36,000 yesterday.
Market Update – Bitcoin is Unable to Gain Boost
Reading Time: 2 minutesThe cryptocurrency market is at about the same level as yesterday, with Bitcoin trading at $33,369.51, slightly above yesterday’s $33,200.2.
Market Update – Bitcoin Loses $1,400 in 24 Hours
Reading Time: 2 minutesThe cryptocurrency has experienced a continuous decline over the past day (-4.11%) that has made it lose over $1,400 from yesterday’s level.
George Soros’ Investment Fund Now Trades BTC
Reading Time: < 1 minuteSoros Fund Management, the investment fund of billionaire George Soros, has just received approval to trade Bitcoins.
Visa Expands its Crypto Team With 5 New Hires
Reading Time: < 1 minutePayments company Visa has hired 5 new people who will join the firm’s cryptocurrency team.
Market Update – Bitcoin Loses Around $1,500 in 1 Day
Reading Time: 2 minutesThe Bitcoin price has fallen 3.93% over the past 24 hours and currently stands at $34.647,27, about $1,500 less than yesterday.
Australia’s Financial Regulator Says BTC ETPs Might Pose Risks
Reading Time: < 1 minuteThe Australian Securities and Investment Commission (ASIC) has just shared its concerns about crypto exchange-traded products (ETPs).
Market Update – The Cryptocurrency Market Seems to be Recovering
Reading Time: 2 minutes95 of CoinMarketCap’s ranking of 100 largest cryptocurrencies by market capitalization are in positive territory.
World’s Biggest Interdealer Broker is Launching an Institutional Crypto Trading Platform
Reading Time: < 1 minuteTP ICAP has just announced it is working on the development of a cryptocurrency trading platform aimed at institutional investors.
Mexican Authorities Say Cryptos Are Not Legal Tender
Reading Time: < 1 minuteThe financial authorities of Mexico have just said that cryptocurrencies are not legal tender in the country and have asked financial institutions to not work with them.
Market Update – Buyers Keep Bitcoin Above $34,000
Reading Time: 2 minutesThe price of the cryptocurrency developed by Satoshi Nakamoto is currently trading above the $34,000 psychological barrier.
Market Update – Bitcoin Loses $800 in 1 Day
Reading Time: 2 minutesThe crypto created by anonymous Satoshi Nakamoto has lost 2.49% during the last day to sit at $33,099.6, around $800 less than yesterday.
Palestine Considering Launch of Own CBDC
Reading Time: < 1 minuteThe central bank of Palestine is reportedly exploring the possibility of issuing a central bank digital currency (CBDC).
Citigroup Launches Crypto Division for Wealthy Clients
Reading Time: < 1 minuteUS bank Citigroup has just announced it has created a new unit to offer crypto-related services to its wealthy clients.
Market Update – Sellers Push BTC Below $34,000
Reading Time: 2 minutesBuyers, who helped the crypto gain $4,000 in just one day, seem to have slowed down the buying rate.
US Congress Passes Bill to Study Blockchain and Digital Tokens
Reading Time: < 1 minuteThe House of Representatives of the United States Congress passed on June 22 the The Consumer Safety Technology Act.
Crypto Company AfriCrypt Owners Vanish With $3.6B
Reading Time: < 1 minuteAmeer and Raees Cajee, owners of the South African cryptocurrency firm AfriCrypt, have reportedly run away with $3.6B from the platform users.
Market Update – Bitcoin Recovers Over $4,000 in 24 Hours
Reading Time: 2 minutesAfter a Tuesday to forget, when Bitcoin and the whole crypto market experienced 2-digit losses, the market has changed its direction in a matter of hours.
CoinMarketCap to Launch List of Countries Where Cryptocurrencies Are Accepted as Legal Tender
Reading Time: < 1 minuteChangpeng Zhao has just announced CoinMarketCap is launching a list of countries where cryptocurrencies as recognized as legal tender.
Bakkt Launches a Crypto Debit Card
Reading Time: < 1 minuteBakkt, a subsidiary of Intercontinental Exchange, has just announced the launch of a cryptocurrency debit card.
Market Update – Sellers Push BTC Down to $29,000
Reading Time: 2 minutesThe crypto market in general is experiencing a considerable decline. Bitcoin and the rest of coins from the top 5 are suffering losses.
One of China’s Largest Banks Announces Prohibition of Cryptos But Removes the Announcement
Reading Time: < 1 minuteThe Agricultural Bank of China has published an announcement in which states it is banning all cryptocurrency-related transactions.
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