Bitcoin is Stuck But its Correlation with Equities Is Increasing, Real Yield at Historic Low May Bring in Big Investors

Bitcoin is still up over 100% YTD and Ether 469%, while the total crypto market cap is holding on to its 116% gains from July low. MVRV ratio is currently low as well, at about 2.1. The post Bitcoin is Stuck But its Correlation with Equities Is Increasing, Real Yield at Historic Low May Bring in Big Investors first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-17 16:29

Nexo Set To Boost Token Value With $100 Million Repurchase Efforts

Crypto-focused lending platform Nexo is looking to boost its token value. In a tweet, Nexo said it would be launching a second set of its hugely popular buyback programs starting November 15. Nexo’s Second Repurchase Efforts According to a blog post, the new buyback program will be worth $100 million – a far cry from […] The post Nexo Set To Boost Token Value With 0 Million Repurchase Efforts first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-17 23:27

A New Option “Select NFT” Coming to Twitter, Dating App Bumble Hiring the “Head of Crypto and Web3”

Jack Dorsey’s Twitter will allow NFT profiles to be displayed in a different shape to the regular round images, found app researcher Alessandro Paluzzi. Another assessment of Twitter's code, this time by Jane Manchun Wong, showed that the social media giant would soon provide its users with a new option called “Select NFT” to update […] The post A New Option “Select NFT” Coming to Twitter, Dating App Bumble Hiring the “Head of Crypto and Web3” first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-15 20:17

SEC Rejects VanEck Spot Bitcoin ETF, But its Futures ETF Finally Coming Next Week

The US Securities and Exchange Commission (SEC) rejected rule changes that would have allowed the listing and trading of the VanEck Bitcoin exchange-traded fund (ETF). In March, the Cboe BZX Exchange filed a proposed rule change to list and trade shares of the Bitcoin Trust, but the SEC again rejected the physically-backed ETF after delaying […] The post SEC Rejects VanEck Spot Bitcoin ETF, But its Futures ETF Finally Coming Next Week first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-13 18:15

Binance and Coinbase Apply for a License in Singapore, Total Applicants Halved from Last Year

Both Binance and Coinbase’s Singapore units are among 70 applicants for a license to provide cryptocurrency services in the country. According to the central bank Monetary Authority of Singapore’s (MAS) website, the number of firms operating with an exemption while their application is processed has now declined from 170 that last year applied for a […] The post Binance and Coinbase Apply for a License in Singapore, Total Applicants Halved from Last Year first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-12 18:43

Kazakhstan to Crack Down on “Grey” Crypto Miners, Sweden’s State-owned Power Company Counters FSA’s Mining Ban

Kazakhstan government plans to crack down on unregistered “grey” miners who are consuming twice as much power as “white” or registered miners. “I think we will have the directive (limiting power to unregistered miners) issued before the end of this year because this issue cannot be delayed any longer,” said Deputy Energy Minister Murat Zhurebekov. äàëüøå »

2021-11-11 20:20

USDC Issuer Circle Launches Venture Arm, Announces Expansion and Investment in Singapore Market

Singapore’s central bank head meanwhile warned retail investors that it “frowns” on crypto “as an investment asset” for them because their prices are “not anchored on any economic fundamentals.” The post USDC Issuer Circle Launches Venture Arm, Announces Expansion and Investment in Singapore Market first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-11 20:39

Biden Administration Sanction Another Crypto Exchange for Facilitating Illicit Transactions Along with REvil Operators

Cryptocurrency exchange Chatex is the latest one to be sanctioned by the Biden administration for facilitating financial transactions for hackers. An analysis of the exchange’s known transactions indicates that over half are “directly traced to illicit or high-risk activities such as darknet markets, high-risk exchanges, and ransomware,” said the US Treasury Department in a statement. äàëüøå »

2021-11-10 22:55

Robinhood Reveals Security Breach that Left 7 Million Customers Data Exposed

Online brokerage app Robinhood has revealed a security breach after hackers obtained the personal information of millions of its customers. About 7 million Customers Affected by the Hack Robinhood disclosed in a statement on November 8 that the email addresses of about 5 million of its users have been exposed, while another group estimated to […] The post Robinhood Reveals Security Breach that Left 7 Million Customers Data Exposed first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-9 21:17