SEC Chair Says $2.2T Crypto Industry Is At A Level That It Must Be Within A “Public Policy Framework”

According to Gary Gensler, who is set to testify before the European Parliament’s Committee on Economic and Monetary Affairs on Wednesday regarding crypto, DeFi isn’t really a new concept. It has “a fair amount of centralization” as such regulators can exercise authority over these decentralized platforms. дальше »

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South Korea’s FSC Nominee Is Not a Cryptocurrency Enthusiast

Koh Seung-beom, the nominee for South Korea’s Financial Service Commission (FSC), said that he does not see cryptocurrencies as a financial asset. FSC Nominee Says Crypto Not a Financial Asset According to the Korean Times on Wednesday (August 25, 2021), Seung-beom made the statement while speaking with journalists. Seung-beom, who is a board member ofRead More дальше »

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Half Of U.S. Politicians Will Be ‘Bitcoiners’ In 4 Years – Max Keiser Asserts

Max Keiser is one uncompromising Bitcoin advocate who is now more than ever convinced that at least half of U.S. politicians shall have adopted Bitcoin in the next four years. On Wednesday, the outspoken Orange Pill Podcast & Keiser Report host stated that despite there being a failed attempt to effect proposed crypto amendments in […] дальше »

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Crypto Market Cap Briefly Hits $2T as Analysts Predict Further Bitcoin (BTC) Price Increase

Wednesday saw the value of cryptocurrencies worldwide hit $2 trillion again, and the total crypto market volume gained 20 percent to over $130 billion. It reached a new high for the first time since crashing almost three months ago. дальше »

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Multibillion-Dollar Crypto Fund Boss Takes Bitcoin Seriously, Says Its Underlying Tech Is Reshaping The World As We Know It

Marc Andreessen, co-founder, and general partner at Andreessen Horowitz is unfazed that Nakamoto’s creation, Bitcoin is the greatest and most successful innovation of this generation. Speaking to Bloomberg on Wednesday, the fund manager who has been investing in crypto assets since 2013 and his firm raised more than $3 billion across its three crypto funds […] дальше »

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Macro Suggests Crypto Cycle Top Might Not be In, Risk-on Could Become a Key Narrative Once Again

After going to nearly $40,000, Bitcoin is down at $38k yet again today. Meanwhile, Ether, currently above $2,600, went as high as $2,770 late on Wednesday ahead of its much anticipated London upgrade that will activate EIP 1559. дальше »

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Bitcoin, Ethereum price moves higher after Gensler’s comments

Securities and Exchange Chairman Gary Gensler was on CNBC Wednesday morning to discuss his views on how the crypto universe should be regulated. Despite previously noting that the crypto sector has become “highly speculative stores of value,” Bitcoin (BTC/USD) price and Ethereum (ETH/USD) price traded higher. дальше »

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Crypto Fear and Greed Index Taps Low at ‘Extreme Fear,’ BTC Technicals Point to Uncertainty

On Wednesday, following the drop below the $30,000 region, bitcoin’s price has rebounded more than 8% since Tuesday’s low. Meanwhile, the sentiment metric recorded by the Crypto Fear and Greed Index (CFGI) is extremely low, pointing to “extreme fear” in the market. дальше »

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CEO Of World’s Largest Money Manager Sees ‘Very Little’ Demand For Bitcoin From Long-Term Investors

BlackRock CEO Larry Fink said on Wednesday that long-term institutional investors are demonstrating a weak appetite for cryptocurrencies. Institutional Demand For Crypto Is Lackluster: Larry Fink Fink, the billionaire boss of the world’s largest asset manager holding close to $10 trillion in assets under management, says he is not witnessing much demand for crypto. Speaking […] дальше »

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You Wouldn’t Need Crypto If You Have CBDC; ECB & Fed Selling Their Digital Fiat As Better Than Bitcoin

Federal Reserve Chairman Jerome Powell on Wednesday came out strongly supporting a digital dollar, saying it could undercut the need for cryptocurrencies and stablecoins. When asked during the congressional hearing if having a digital currency issued by the central bank would be a more viable alternative than cryptos in the payments system, Powell agreed and […] The post You Wouldn’t Need Crypto If You Have CBDC; ECB & Fed Selling Their Digital Fiat As Better Than Bitcoin first appeared on BitcoinExchangeGuide. дальше »

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World’s Largest Asset Manager Blackrock Sees ‘Very Little’ Demand for Cryptocurrencies

The world’s largest asset manager with $9.5 trillion under management, Blackrock, sees “very little” demand for cryptocurrencies, including bitcoin, according to CEO Larry Fink. Blackrock’s CEO Talks About Crypto Demand Larry Fink, the CEO of Blackrock, the world’s largest asset manager, talked about bitcoin on CNBC Wednesday as his firm announced a better-than-expected quarterly profit. […] дальше »

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Cyprus Government Set to Draft Crypto Regulatory Bill

Cyprus Securities and Exchange Commission (CySEC) is in the advanced stages of drafting new crypto-assets regulations.   Cyprus Working On Cryptocurrency Regulatory Bill CySEC Chairwoman Demetra Kalogerou revealed this development at a conference on Wednesday. дальше »

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Visa and 50 Crypto Platforms to Enable Cryptocurrency Payments at 70 Million Merchants

Visa Inc. announced Wednesday that the transactions via crypto-linked Visa cards exceeded $1 billion in the first quarter. The company further said that it is partnering with 50 major cryptocurrency platforms “to launch card programs that make it easy to convert and spend digital currency at 70 million merchants worldwide.” Visa Announces $1 Billion in […] дальше »

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The Boston Celtics Announce Partnership With Blockchain Company Socios.com

The crypto industry keeps entering into mainstream venues via professional sports leagues, athletes, and teams this year. On Wednesday, the Boston Celtics revealed a partnership with the blockchain provider Socios. дальше »

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Jay-Z’s Entertainment Firm Roc Nation Buys Sensorium’s Metaverse Crypto Tokens

On Wednesday, the full-service entertainment company founded by influential hip-hop artist Jay-Z, Roc Nation, revealed the firm has purchased tokens from the Sensorium Corporation. The tokens Roc Nation bought are called senso (SENSO), the in-platform currency of Sensorium Galaxy, an entertainment-focused metaverse that fuses cryptocurrencies with virtual reality (VR). дальше »

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As the Top Coins Lag Behind, an Odd Bunch of Crypto Assets See Double-Digit Gains

The market capitalization of all 10,722 cryptocurrencies in existence is around $1. 42 trillion on Wednesday and during the last 24 hours, all of these crypto-assets combined lost 3. 92%. Meanwhile, bitcoin captures 45. дальше »

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Twitter Account of Popular Blockchain Game Splinterlands Suspended without Warning or Explanation

On Wednesday morning, the official Twitter account for Splinterlands was suddenly found in a state of suspension, prohibited from performing all actions on the social media platform. As a game that has primarily appealed to those involved in the blockchain and crypto industry, Splinterlands used its Twitter account to share updates and game resources toRead More дальше »

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Grayscale Loads Up On Litecoin, Dumps BTC & Other Coins, But Why?

On Wednesday, Greyscale Capital added nearly 8,500 Litecoin to their crypto investment holdings. The investment firm has further spent the last week loading up on Litecoin. Within the last seven days, they purchased just over 15k Litecoin and in the past 30 days added an additional 15k to their holding. Concurrently, they offloaded a large […] дальше »

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Eccentric Crypto Promoter John McAfee Commits Suicide in Spanish Prison

British national and tech mogul John McAfee has been confirmed dead by Spanish authorities. McAfee Death Under Investigation According to Spanish outlet El Pais, creator of popular computer antivirus software McAfee, died by suicide while behind bars on Wednesday, at the age of 75. дальше »

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US Senator Looking for Another Drop to “Buy Some More” Bitcoin While Fed Official is Worried

Sen. Cynthia Lummis, R- WY, is “excited to buy the Bitcoin dip,” she revealed in an interview with Fox News on Wednesday. Lummis is one of the senators who is a vocal advocate of crypto assets and has been a Bitcoiner for a very long time, as early as 2013. дальше »

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Bitcoin’s Hashrate Drops Below 100 Exahash, Observers Describe China’s ‘Great ASIC Exodus’

Most of the crypto community has been focused on the developments in China and more specifically, the crackdowns against bitcoin miners in Inner Mongolia, Xinjiang, Qinghai, Yunnan, and Sichuan. On Wednesday morning (EST), Bitcoin’s overall hashrate has continued to drop and is now below the 100 exahash per second (EH/s) region. During the last 24 […] дальше »

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FTX becomes official crypto sponsor of MLB

Sam Bankman-Fried, founder and CEO of FTX and Alameda Research, announced the new partnership on Wednesday.

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Iron Finance Token Slides From $64 to Near Zero Following ‘Large-Scale Crypto Bank Run’

The Iron Titanium token (TITAN) value has quaked a great deal after the project suffered from what the team called “the world’s first large-scale crypto bank run. ” After touching a high of $64 per token on Wednesday, the project slid to near zero and remained worthless on Thursday afternoon. дальше »

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National Republican Congressional Committee To Accept Crypto Donations

The National Republican Congressional Committee has announced that it will start accepting campaign donations in crypto. This was reported by Axios on Wednesday. This announcement makes the party the first national party to start accepting cryptocurrency campaign contributions. дальше »

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Arcane Crypto and Valour Form Partnership to List Crypto Fund-Based ETP

Arcade Crypto, in collaboration with Valour Structured Products, Swiss-based exchange-traded product (ETP) issuer and a subsidiary of DeFi Technologies, to list the first cryptocurrency fund-based ETP  Arcane Plans to List Crypto Fund-Based ETP In a press release by Arcane Crypto on Wednesday (June 16, 2021), the company announced that Arcane Assets, its wholly owned subsidiary,Read More дальше »

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Democratic lawmakers have formed group to address regulatory concerns around crypto

U.S. President Joe Biden is also expected to discuss crypto's role in ransomware attacks during his meeting with Russian President Vladimir Putin on Wednesday. дальше »

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Polkadot's failure to make this move could affect its price

Polkadot has received another boost in the cryptocurrency space as leading crypto exchange Coinbase will be adding it to its Pro platform. Trading of DOT will begin Wednesday, 9 a.m. PT and will incluThe post Polkadot's failure to make this move could affect its price appeared first on AMBCrypto. дальше »

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Crypto Bank Silvergate Cuts Ties with Binance, Discontinuing USD Deposits and Withdrawals 

Silvergate Bank, a major financial institution partnered with crypto exchanges ranging from Kraken to Coinbase, recently cut ties with Binance.  Earlier this Wednesday, Binance sent an email to its users stating that the platform would no longer support deposits and withdrawals via Silvergate Bank over SWIFT starting this Friday. As of now, Binance’s USD bank wire […] дальше »

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Standard Chartered unit to offer crypto trading services in UK and Europe

SC Ventures, the innovations and ventures unit of global bank Standard Chartered, announced Wednesday it would launch a crypto brokerage and exchange platform for institutions clients in UK and Europe, as per a release. дальше »

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Google Releases New Policies On Crypto-Related ADs

Google has announced an update to its financial products and services policy, which includes its policy on cryptocurrency advertising. The Tech Giant Introduces New Crypto Policy In a policy statement published Wednesday, Google said that “beginning August 3, advertisers offering Cryptocurrency Exchanges and Wallets targeting the United States may advertise those products and services when […] дальше »

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Generate profits even in volatile markets with Bexplus

The cryptocurrency market repeated Black Thursday last Wednesday, and many coins have depreciated by more than 30% in 24 hours. The bloodbath wiped out $350 billion from the crypto market. Ether plThe post Generate profits even in volatile markets with Bexplus appeared first on AMBCrypto. дальше »

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Iran bans crypto mining – a long period of inactivity ahead for miners

In a bid to cut down on power consumption, Iran’s government has banned the mining of Bitcoin and other cryptocurrencies until the nation’s power issue is resolved. On Wednesday, the country’s president Hassan Rouhani stated that there have been energy-intensity blackouts in some Iranian cities. дальше »

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PayPal users will be able to withdraw crypto to external wallets

Prior to Wednesday’s decision, PayPal users weren’t allowed to move their holdings off the platform.

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Iran Blaming Bitcoin Mining for Blackouts Yet Again, Bans Crypto Mining for Four Months

Iran is banning the mining of Bitcoin, and other cryptocurrencies over concerns of high levels of energy consumption said President Hassan Rouhani on state TV on Wednesday. The ban is effective immediately and will last until September 22. дальше »

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Futu to Add Cryptocurrency Trading in U.S, Singapore and Hong Kong

Futu, one of the leading trading brokerages in China, revealed its plans to offer cryptocurrency trading later this year. In its earnings call earlier this Wednesday, senior vice president Robin Li Xu told analysts that Futu would be applying for digital-currency related licenses in the United States, Singapore, and Hong Kong.  Despite these changes, crypto […] дальше »

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Crypto Crash Cost Ethereum Boss His Billionaire Status, Said We’re Caught In A Bubble

As devastating as Wednesday’s crypto crash was, few hodlers lost as much as Ethereum Co-Founder Vitalik Buterin. According to CNN, Buterin’s public wallet was valued at $1. 1 billion on the morning of the downturn. дальше »

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Google Search Interest for Crypto Worldwide Hits New ATH

Statistics from Google search trends show a high level of interest in cryptocurrency from retail investors, with search interest reaching an all-time high (ATH) globally.  Retail Interest in Crypto Skyrockets  According to a tweet on Wednesday (May 19, 2021), a graph showed that more people were searching for the word cryptocurrency, with search interest surpassingRead More дальше »

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European Central Bank (ECB) Vice President Shreds Cryptocurrencies Amid Market Crash

Crypto Has Weak Fundamentals Speaking in an interview with Bloomberg TV on Wednesday, Guindos said that this is primarily due to the novel industry's weak fundamentals. “When you have difficulties finding out what are the real fundamentals of an investment, then what you're doing is not a real investment. дальше »

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Crypto Liquidations Rampant As the Market Experiences Worst Crash Since March 2020

The world’s most successful cryptocurrency, according to Coin Metrics, plummeted by 30 percent on Wednesday morning to just above $30. 000. The price is slowly regaining momentum towards the $40,000 mark. дальше »

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Federal Reserve Bank Presidents: Cryptocurrency Sell-off Not a Systematic Concern, Does Not Affect Fed Policy

Cryptocurrency sell-off is not a systematic concern for the Fed and does not affect Fed’s policies, two Federal Reserve Bank presidents said Wednesday. “We are all quite aware that crypto can be very volatile,” said the president of the Federal Reserve Bank of St. дальше »

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Bitcoin and Ethereum Crash on Black Wednesday

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Bitcoin Drops Below $40K, Crypto Economy Down 17%, Markets Lost $250 Billion Last Week

On Wednesday, cryptocurrency markets continue to drop lower in value, as the entire crypto-economy has plunged 17% below the $2 trillion mark and now rests at $1. 801 trillion. Bitcoin, the leading cryptocurrency in terms of market capitalization, touched a high of $40,770 per unit at 4:48 a. дальше »

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Ethereum’s Vitalik Buterin Burns $6.6 Billion Worth of Shiba Inu Tokens

After the dogecoin hype invoked a new ERC20 token project called Shiba Inu, the crypto asset has been making waves throughout the crypto industry. On Wednesday, the cofounder of Ethereum, Vitalik Buterin donated $1 billion worth of Shiba Inu to India’s Crypto Covid Relief Fund. дальше »

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Bitwise launches crypto ETF (but not exactly the kind everyone’s waiting for)

San Francisco-based crypto investment company Bitwise Asset Management has announced the launch of its Bitwise Crypto Industry Innovators (BITQ) exchange-traded fund on Wednesday. The post Bitwise launches crypto ETF (but not exactly the kind everyone’s waiting for) appeared first on CryptoSlate. дальше »

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Bitcoin Fans Are Absolutely Furious at Elon Musk

Pump and Dump On Wednesday evening, Tesla CEO Elon Musk announced that the automaker would no longer accept Bitcoin payments just months after it first started to. The move sent shockwaves through the Bitcoin community — and caused the crypto’s value to plummet, according to CNBC — and Bitcoin holders accusing Musk of manipulating the […] The post Bitcoin Fans Are Absolutely Furious at Elon Musk appeared first on Futurism. дальше »

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Vitalik Buterin Donates $1B Worth of Shiba Inu Tokens to India’s Crypto Covid Relief Fund

On Wednesday, Ethereum’s Vitalik Buterin took control of his stack of Shiba Inu, a dogecoin ERC20 token, and donated more than 1 billion dollars worth of the currency to India’s Crypto Covid Relief Fund. дальше »

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Ethereum Approach 500% Gain In 2021 As Crypto Market Cap Surge Above $2.5 Trillion

After hitting its new ATH of $4350, Ethereum price was up approximately 7.9% on Wednesday, May 12, 2021, and trading around $4,291 at the time of reporting according to TradingView. ETH Price Push Up Crypto Market Cap The second-largest cryptocurrency shattered its previous all-time high of $4,000 on May 10, en route to reaching $4,345, […] дальше »

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Coinbase to close San Francisco headquarters to go ‘remote first’

United States crypto exchange Coinbase is closing down its San Francisco headquarters in order to become a ‘remote first’ business, it announced in a release Wednesday. The post Coinbase to close San Francisco headquarters to go ‘remote first’ appeared first on CryptoSlate. дальше »

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Bitcoin (BTC) is reportedly coming to ‘hundreds’ of U.S. banks in 2021

Executives of crypto custody firm NYDIG said Wednesday that hundreds of US banks are onboarding Bitcoin (BTC) related services for their clients, as per a report on business outlet CNBC. The post Bitcoin (BTC) is reportedly coming to ‘hundreds’ of U. дальше »

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Monthly Report: Ethereum Sets New High as Banks Show Support for Crypto

Ethereum made headlines this week after touching new highs on Wednesday and later on… The post Monthly Report: Ethereum Sets New High as Banks Show Support for Crypto appeared first on Coin Journal. дальше »

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