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33 face heat in Korea over alleged $1.48 billion in crypto transfers
Seoul’s Central Customs has prosecuted, fined, or is currently investigating 33 individuals who were allegedly involved in 1. 69 trillion won ($1. 48 billion) worth of illegal overseas cryptocurrency transactions in South Korea, The Korea Times reported today. дальше »
2021-7-8 07:00 | |
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GBTC Unlocks Spells Doom For Bitcoin? Top Expert Breaks It Down
Bitcoin has been moving sideways as the rest of the crypto market, especially Ethereum and the DeFi sector, show strength. The first cryptocurrency by market cap needs to make a decisive move to break out of its current range but could face downside in the short term, some recent reports claim. Banking giant JP Morgan […] дальше »
2021-7-7 00:11 | |
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Why Bitcoin Could Face Another Sell-Off Before Racing to $100K
The general sentiment in the market has flipped bullish, as Bitcoin moves into the mid-range of its current levels. The first cryptocurrency by market cap has been making its way back from the lows and trades at $35,375 with a 10. дальше »
2021-7-5 20:20 | |
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Iranian parliament may reconsider cryptocurrency mining but...
Various economies across the globe face limited future growth prospects, due to their small size or even their untapped resources and potential. That is one of the factors pushing them toward experimeThe post Iranian parliament may reconsider cryptocurrency mining but... appeared first on AMBCrypto. дальше »
2021-7-4 14:30 | |
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How Will China Banning Cryptocurrency Influence The Future of Bitcoin
Bitcoin fell 20% in the last six days when investors became more anxious and skeptical of the future of bitcoin in the face of China’s continuing clampdown on cryptocurrency. Bitcoin fell as low as $29,000 on June 22 when the news came that China’s six major banks and Alipay are banned from accepting cryptocurrencies orRead More дальше »
2021-6-28 23:00 | |
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Cryptocurrency Firms Face a Talent Shortage as the Space Grows Crowded
Cryptocurrency companies and exchanges are currently facing significant hurdles when recruiting talent. This is because the crypto space is growing at an alarming rate. Traditional finance companies entering the scene seem to be making the talent squeeze even more dire. дальше »
2021-6-26 11:30 | |
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4 major challenges cryptocurrency continues to face in 2021
While it’s true that cryptocurrency is something investors no longer shy away from, the general public has yet to fully trust it as a replacement for credit cards and cash. The post 4 major challenges cryptocurrency continues to face in 2021 appeared first on CryptoSlate. дальше »
2021-6-11 10:00 | |
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Korean Crypto Exchange Employees Could Face Heavy Fines for Trading
Reports are emerging that the government in South Korea is mulling a proposal to fine employees of cryptocurrency exchanges for trading in digital assets. The post Korean Crypto Exchange Employees Could Face Heavy Fines for Trading appeared first on BeInCrypto. дальше »
2021-6-7 12:09 | |
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Robinhood Could Face Intense Competition From A Pair Of Chinese Brokers Looking To Offer Crypto Trading To Clients
Two trading apps in China, rivals to American platform Robinhood, are exploring a move into the cryptocurrency space as they seek expansion into the U.S market. According to a report from CNBC, the companies – namely Futu and Tiger Brokers – revealed they were in the process of applying for licenses for Singapore and America […] дальше »
2021-6-2 22:34 | |
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Brazilians Who Held $1,000 in Crypto Last Year Must Report It on Tax Returns by End of May
Taxpayers in Brazil have only a couple of days left to file their annual tax returns. Investors who had more than 5,000 reals worth of cryptocurrency in 2020, a little less than $1,000, are obliged to report the funds on their income tax declarations this year. дальше »
2021-5-30 17:00 | |
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Chinese Traders Still a Major Influence the Crypto Market, According to Experts
Chinese traders still exert a major influence in the cryptocurrency market, even with all the distinct issues they must now face to operate. This is the opinion of several experts in the field that have weighed in on how the recent prohibitions and ban proposals from China are really affecting how Chinese bagholders that conduct […] дальше »
2021-5-27 10:00 | |
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Beijing’s Distaste for Bitcoin Mining Spreads to Inner Mongolia, Miners Could Face a ‘Social Credit Blacklist’
Beijing’s recent crackdown on the cryptocurrency industry has found its way into Inner Mongolia according to a recent report. Inner Mongolian officials plan to introduce harsh penalties to bitcoin mining operations using the region’s grid without permission from authorities. дальше »
2021-5-27 23:00 | |
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Poloniex To Face Regulatory Action For Violating Securities Laws In Canada
The Canadian securities regulator, the Ontario Securities Commission, has accused the cryptocurrency exchange Poloniex of flouting Ontario securities law. Ontario Regulator Files Statement Of Allegations Against Poloniex The regulator filed a statement of the allegation on Tuesday, claiming that Poloniex failed to seek approval as a crypto trading platform operating in the province. дальше »
2021-5-27 18:30 | |
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How Another Chinese Power Outage May Have Led to Bitcoin’s Flash Crash This Week
Earlier in April, an accident at a Chinese coal mine in Xinjiang sent Bitcoin network’s hash rate plummeting 30% in a span of a day, which crippled the major cryptocurrency’s rally. Now, Bitcoin’s hash rate is suffering a similar loss as miners based in Sichuan, China face limitations on power usage. The State Grid in […] дальше »
2021-5-22 05:02 | |
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How Justin Sun Almost Caused Ethereum To Drop Below $1,500
After a display of strength in the past weeks, Ethereum dropped below $2,000 for a brief moment. The cryptocurrency seems to be recovered, but the crypto market could still face some resistance to return to its pre-crash levels. дальше »
2021-5-20 22:55 | |
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Crypto Miners Using Household Electricity Face Fines as Consumption Spikes in Iran
Those who mine cryptocurrencies with power intended for domestic use will pay hefty fines, the Iranian government warned. The country is experiencing shortages due to reduced hydropower generation as authorities register a surge in electricity consumption for cryptocurrency mining. дальше »
2021-5-17 13:00 | |
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Iran to Issue Fines for Crypto Miners Using Household Electricity
The Iranian government is hardening its stance on cryptocurrency mining as it announces anyone caught using household electricity to do it will face heavy fines. The post Iran to Issue Fines for Crypto Miners Using Household Electricity appeared first on BeInCrypto. дальше »
2021-5-16 14:59 | |
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Indian Crypto Investors Express Outrage As Multiple Exchanges Face Challenge With Banks Stopping Transactions
Indian cryptocurrency investors are all fire and fury as some of the banks are reported to have blocked payments to and from cryptocurrency exchanges. This has led to a sudden disruption in cash flow for the investors as well as the exchanges. дальше »
2021-5-14 19:26 | |
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Radix’s Olympia Betanet: The Next Step Towards Greater DeFi Adoption
With the cryptocurrency market cap rising to over two trillion dollars, it’s safe to say the face of money is looking in new directions. The financial sector is experiencing a paradigm shift comparable to the invention of credit itself, and as Forbes recently pointed out, the rise of decentralized finance will revolutionize financial services in […] дальше »
2021-5-4 20:19 | |
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Why Binance’s Latest Stock Tokens May Land It In Trouble
World-leading cryptocurrency platform, Binance, could face fines from Germany and other European countries over an alleged violation of the E. U. laws regarding the listing of stock tokens and investments by companies. дальше »
2021-5-1 17:09 | |
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South Korean Prime Minister nominee to look into controversial crypto tax law
South Korea’s crypto tax law continues to face significant opposition from cryptocurrency proponents in the county.
дальше »2021-4-27 12:38 | |
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Korean minister says all 200 crypto exchanges in the country face a risk of closing down
Eun Seong-soo, chairman of the Finance Committee in South Korea, said this morning that over 200 cryptocurrency exchanges at the risk of being closed down in September this year if they fail to follow the relevant regulations, as per a report on leading local outlet Chosun. дальше »
2021-4-22 19:00 | |
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Turkey Bans Use Of Bitcoin For Payments, But This Could Be Backfiring
Turkey’s cryptocurrency ban has already begun to face resistance from a defiant crowd. To assume that the rebellion is temporary is to underestimate the necessity of cryptocurrencies in the lives of the masses. дальше »
2021-4-17 13:08 | |
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How to Crypto Like the Experts
Let’s face it. The cryptocurrency industry is complicated. Ranging from the sheer number of cryptocurrencies to the pace of development, a massive amount of hype, and a complete overload of information, it can be difficult to cut through the mist to get to grips with the industry. дальше »
2021-3-24 16:38 | |
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Bitcoin Continues Its Slump: Indicators Point to Further Correction Ahead
Bitcoin price remains nearly 10% below recent highs, as the major cryptocurrency continues its slump after early last week’s sell off. Since hitting a new all-time high of $61k, BTC has continued to face downward pressure, hovering around the $54,000 price level. дальше »
2021-3-24 08:40 | |
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Analyst: ‘Apple and Google would be insane not to put 1% of Treasury assets in Bitcoin’
A cryptocurrency analyst has advised leading fintech companies to consider stashing a small portion of their asset reserve in Bitcoin, to avoid the potential losses that could be sustained as a result of the brewing inflation that the United States economy could face as the USD continues to weaken. дальше »
2021-3-24 15:47 | |
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Elon Musk Wants Coinbase to List Dogecoin as the Cryptocurrency’s Adoption Grows
Spacex and Tesla CEO Elon Musk has once again tweeted in support of dogecoin. He wants the crypto exchange Coinbase to list the cryptocurrency and says he will get a Shiba Inu, the dog breed featured as the face of dogecoin. дальше »
2021-3-15 01:30 | |
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Is This the Moment of Truth for BTC?
According to the report, the flagship cryptocurrency, BTC, could become the preferred medium for international trade or face a “speculative implosion. ” In the last decade, bitcoin has predominantly been championed by retail investors. дальше »
2021-3-2 17:41 | |
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Stellar, BitTorrent, DigiByte Price Analysis: 28 February
The cryptocurrency market has had to face increased bearish momentum in the past week and with Bitcoin dropping to the $45k price range, many of the market's altcoins too have followed BTC and traded The post Stellar, BitTorrent, DigiByte Price Analysis: 28 February appeared first on AMBCrypto. дальше »
2021-2-28 16:30 | |
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Serbian National Arrested and Extradited to the US for His Role in a $70M Crypto Mining Case
A Serbian national has been extradited to the United States to face charges of defrauding investors out of more than $70 million through a cryptocurrency mining and binary options scam. Antonije Stojilkovic, 32, and six accomplices, who were all arrested between July and October 2020, faces up to 20 years in federal prison if convicted. […] дальше »
2021-2-9 09:30 | |
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The Changing Face of Cryptocurrency Projects
In the earliest days of the cryptocurrency industry, communities were a crucial element in the success (or failure) of projects — as projects with a vibrant, passionate community tended to flourish, while those without often failed. дальше »
2021-2-8 01:28 | |
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Nigerian Youths Are Unfazed By Country’s New Bitcoin Ban
As we reported earlier, the Central Bank of Nigeria has warned that henceforth, all financial institutions facilitating all forms of cryptocurrency transactions in the country will face the rot of regulatory bodies. дальше »
2021-2-6 19:03 | |
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South African Taxpayers Who Fail to Disclose Income From Cryptocurrency Trading Face Possible Jail Time
According to a report, the South African Revenue Service (SARS) has sent out audit requests to taxpayers asking them to disclose their cryptocurrency trades and purchases. Taxpayers that fail to correctly disclose their income from bitcoin or other cryptocurrencies may be “liable to a fine or imprisonment for up to two years.” SARS Tracking Non-Compliant […] дальше »
2021-2-4 12:20 | |
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Whales And Miners Face Off Against Elon Musk Bitcoin FOMO, Robinhood Retail
Over the last few days, whales and miners have been depositing the largest amount of Bitcoin this year, yet despite all the selling, price is soaring. The reason? Elon Musk has changed his Twitter bio to include the cryptocurrency’s hashtag and it has ignited a flood of FOMO from retail Robinhood traders seeking free markets. […] дальше »
2021-1-30 23:00 | |
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Crypto safety: with great power comes great responsibility
Let’s face it, the cryptocurrency industry can feel like a daunting place for beginners. With thousands of different cryptocurrencies available, and complex vocabulary thrown about left, right, and center—there is little wonder why so many people struggle to fully grasp the nature of cryptocurrencies, and what they really represent. дальше »
2021-1-27 12:16 | |
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Cryptocurrency Providers In Singapore Will Now Face Regulation Under MAS
The enhanced Payment Services Act passed yesterday requires any entity that facilitates the transmission, exchange, or storage of digital payment tokens (DPT) — otherwise known as cryptocurrencies — to be licensed. дальше »
2021-1-6 18:00 | |
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Tether (USDT) To Face Do or Die Situation in 2021: Messari Report
Tether is the cryptocurrency industry’s biggest threat in 2021, says a report penned by Messari’s Founder Ryan Selkins. The 134-page thesis ventured into the stablecoin’s emergence as a proxy for the US dollar that helps crypto traders getting in and out of their positions quickly on exchanges. дальше »
2021-1-1 19:19 | |
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Ethereum’s Bullish Trend May Not Stop It from Seeing a Strong Correction: Analyst
Ethereum and the entire cryptocurrency market have been facing some immense turbulence throughout the past few days and weeks The selling pressure seen by the cryptocurrency within the upper-$600 region has been quite intense, and may cause it to face continued weakness One trader is now noting that where the market trends next will depend mostly, or entirely, on Bitcoin He notes note that he is looking for ETH to see a strong correction over […] дальше »
2020-12-23 01:00 | |
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Bitcoin Likely to See Price Discovery in 2021; Analysts Foresee Local Top
Bitcoin is officially in full parabolic rally mode, with the cryptocurrency’s recent break above $20,000 giving way for it to see a massive rise Its price rallied as high as $23,700 overnight before facing a steep rejection that sent it spiraling down to lows of $22,400 The buying pressure here was intense, and has since allowed it to rally higher It is important to note that although the crypto did face a rejection, it is […] дальше »
2020-12-18 21:00 | |
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Facebook’s Crypto Project Could Face Another Lawsuit Over Copyright Infringement
Facebook has come under fire for copyright infringement after renaming its Libra cryptocurrency project last week. Libra was changed to Diem in a release by the Diem Association, formerly known as the Libra Association. дальше »
2020-12-9 14:40 | |
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Mass Carnage: Bitcoin Bulls Face $750m in Liquidations During Latest Selloff
It has been a rough past 12 hours for Bitcoin, as the benchmark cryptocurrency is currently in the process of erasing weeks of gains as it plunges lower The crypto came within a stone’s throw of its all-time highs before the selling pressure began mounting From here, its price rejected and began its descent down to where it is currently trading at One reason behind this dip is concerns regarding a new wave of crypto […] дальше »
2020-11-26 21:00 | |
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Is Bitcoin in for a long-overdue correction this week?
Bitcoin's recent purple patch seemed to face its first setback over the past 24-hours after Bitcoin dropped down to $17,610 from a high of $18,890 on 22 November. While the cryptocurrency's price had The post Is Bitcoin in for a long-overdue correction this week? appeared first on AMBCrypto. дальше »
2020-11-24 20:30 | |
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Macro Investor Sees Bitcoin Supply Deficit as Grayscale Boosts Stockpiling
Bitcoin (BTC) traders and investors may face a supply deficit as major firms increase their stockpiling of the cryptocurrency, according to Dan Tapeiro of New York-based global macro fund DTAP Capital. дальше »
2020-10-15 08:30 | |
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John McAfee could face a 5-year jail term over concealed crypto-assets and tax evasion allegation
Popular Tech millionaire and cryptocurrency proponent John McAfee has been indicted in Spain. The popular cryptocurrency personality is set to face extradition to the United States on tax evasion charges and fraudulent activities. дальше »
2020-10-7 15:12 | |
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Bitcoin Could be Coiling Up for a Move Past $11,000 Due to These Events
Bitcoin’s price has been seeing an incredibly tight bout of consolidation throughout the past 24-hours, forming a $50 trading range as it stays within the mid-$10,500 region This has created an air of uncertainty regarding where it may trend next, as it could easily see a swift move in either direction That being said, the cryptocurrency’s ability to find stability in the face of a barrage of multiple bearish news developments is positive One trader […] дальше »
2020-10-4 19:00 | |
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Analyst: Chainlink Likely to Face Grim Downturn That Leads to $6.85
Chainlink’s price action has been overtly bearish as of late, with the cryptocurrency being unable to hold above $10. 00 despite the technical strength resulting from its recent rebound from the $7. 00 region. дальше »
2020-10-3 00:00 | |
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