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SEC Chair Yet Again Signals Support for Bitcoin Futures ETF, But says Crypto “Certainly of A Size” to Have Same Safeguards as Banking

“A lot of people are likely to get hurt,” said Gary Gensler, asking crypto platforms that accepted funds from investors and offered returns to “consider the securities laws carefully.” The post SEC Chair Yet Again Signals Support for Bitcoin Futures ETF, But says Crypto “Certainly of A Size” to Have Same Safeguards as Banking first appeared on BitcoinExchangeGuide. äàëüøå »

2021-10-1 22:01


1Inch Network Restricts Access to US Users, imToken Blocks Chinese Users from using its DEX and DApps

Decentralized platforms might not be as decentralized as they claim to be. This can be seen with the decentralized exchange aggregator 1inch, which has started geofencing US IP addresses. “It looks like you are trying to use the linch dApp from a restricted territory or are using a VPN that shows your location as a […] The post 1Inch Network Restricts Access to US Users, imToken Blocks Chinese Users from using its DEX and DApps first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-30 18:04


Permissioned Aave Arc Is “Simply A Gateway Into Permissionless DeFi,” Says Aave Founder On Adding Fireblocks As A Whitelister

While the Aave community is clear on onboarding institutions, with 89.67% votes in Fireblocks favor, others find it a “bad precedent.” The post Permissioned Aave Arc Is “Simply A Gateway Into Permissionless DeFi,” Says Aave Founder On Adding Fireblocks As A Whitelister first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-30 16:20


Crypto Lender BlockFi Increases All Stablecoin Rates amidst Regulatory Pushback

After making a series of cuts in its interest rates for crypto holdings in 2021, crypto lender, BlockFi has finally made the first increase of this year. BlockFi, which sets the rates based on market dynamics for lending and borrowing, announced this week that starting October 1st, the company is raising increasing rates for all […] The post Crypto Lender BlockFi Increases All Stablecoin Rates amidst Regulatory Pushback first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-29 17:54


Ripple Joins the NFT Trend, Launches a $250 Million Fund to Attract Creators to XRP Ledger

No one can resist the movement of non-fungible tokens (NFTs), which is expected to be the center point of the metaverse. The latest crypto company to jump is none other than Ripple, which along with its top two executives, is currently fighting a legal battle with the US Securities Exchange Commission (SEC) regarding the sale […] The post Ripple Joins the NFT Trend, Launches a 0 Million Fund to Attract Creators to XRP Ledger first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-29 16:46


Ethereum Merge Moves Closer as the First Mainnet Upgrade, Altair, Prepares for Release Next Month

More than 7.8 million Ether worth $22.7 billion have already been sent to ETH 2.0 deposit contact for staking. 390k Ether worth $1.3 billion meanwhile has been burned since early August. The post Ethereum Merge Moves Closer as the First Mainnet Upgrade, Altair, Prepares for Release Next Month first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-29 16:00


Govt. Doesn’t “Do Banking Well,” JPMorgan CEO says It’s All About Transparency, Rule Of Law, And Governance

Jamie Dimon says Bitcoin is “going to be regulated” and sees speculation due to the “tsunami” of money flows and liquidity to send it to $400,000 in five years. The post Govt. Doesn’t “Do Banking Well,” JPMorgan CEO says It’s All About Transparency, Rule Of Law, And Governance first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-28 22:20


DeFi Rallies on China Ban as Chinese Turn to Decentralized Projects, Crypto Prices Recover to Pre-ban Levels

China declaring virtual currency-related business activities “illegal” could be a “significant DeFi adoption catalyst” as they turn to decentralized platforms to access crypto. The post DeFi Rallies on China Ban as Chinese Turn to Decentralized Projects, Crypto Prices Recover to Pre-ban Levels first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-27 15:53


Canada’s Security Regulator Releases New Guidance for Crypto-Trading Firms Relating to Advertising and Marketing

The Canadian Securities Administrators (CSA) has released fresh guidance for cryptocurrency exchanges on advertising and marketing along with the use of social media. An umbrella group for securities regulators in the country, CSA published the guidelines this week in collaboration with the Investment Industry Regulatory Organization of Canada after they became aware of certain advertising […] The post Canada’s Security Regulator Releases New Guidance for Crypto-Trading Firms Relating to Advertising and Marketing first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-24 21:03


While “Not an Issue Yet,” BoE Deputy Governor Sees Growing “Appetite” for Crypto Among Both Retail and Institutions

While not wanting to stop firms from doing things that make commercial sense, Sam Woods calls for a “very conservative view” on capital measures. The post While “Not an Issue Yet,” BoE Deputy Governor Sees Growing “Appetite” for Crypto Among Both Retail and Institutions first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-24 20:12


Mark Cuban Advocates for DeFi’s Role in Shaping the Future of Banking

Mark Cuban, the billionaire and cryptocurrency enthusiast has continued his campaign to supports cryptocurrencies in whatever way he can. As the Dallas Mavericks owner is wont to do, he once again propper up decentralized finance (DeFi) as a viable alternative to the traditional global banking system, Convenience Wins Every Time Earlier this week, Cuban went […] The post Mark Cuban Advocates for DeFi’s Role in Shaping the Future of Banking first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-24 19:32


Cleveland Fed President Supports Tapering in November and is “Open Minded” about a Digital Dollar

Cleveland Federal Reserve President Loretta Mester said Friday she supports the US central bank to start tapering its bond purchases at the next monetary policy meeting. Mester during a speech to the Ohio Bankers League said, “In my view, the economy has met those conditions, and I support starting to dial back our purchases in […] The post Cleveland Fed President Supports Tapering in November and is “Open Minded” about a Digital Dollar first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-24 19:05


Cryptocurrency Market Tanks on the Same Old China Ban News, But Investors Who Sell Here Will End Up “Bummed”

As China banned crypto yet again, Jeremy Allaire of Circle urged the US to “be on the right side of history; embrace the open internet of value.” The post Cryptocurrency Market Tanks on the Same Old China Ban News, But Investors Who Sell Here Will End Up “Bummed” first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-24 16:34


Twitter Chooses “Global, Barrier-Less Option” for Tipping and to Help Creators Join the “Decentralized Internet”

“We recognize it is still early days for digital currencies, but we think that that’s the future,” says the social media giant executive. The post Twitter Chooses “Global, Barrier-Less Option” for Tipping and to Help Creators Join the “Decentralized Internet” first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-24 15:52


JPMorgan says Institutional Investors Have Shown A ‘Strong Preference’ for Ethereum Over Bitcoin Since August

The banking giant deduced this based on CME data that shows Bitcoin's future in backwardation, which it sees as “weak demand” while in actuality has been a precursor of bullish price action. The post JPMorgan says Institutional Investors Have Shown A ‘Strong Preference’ for Ethereum Over Bitcoin Since August first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-24 15:30


The Biden Administration Is Considering Cryptocurrency Critic For Head OCC Position

US President Joe Biden is reportedly considering nominating a crypto critic as the head of the Office of the Comptroller of Currency (OCC). Saule To Put Crypto And Big Bank To The Sword Currently headed by Michael Hsu, on an interim basis, the OCC is the regulatory body responsible for supervising the bank sector in […] The post The Biden Administration Is Considering Cryptocurrency Critic For Head OCC Position first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-24 18:18


PayPal Launches Digital Assets ‘Super App’ to Boost Crypto Payments And Savings

PayPal announced its digital assets super app launch, promising users an all-in-one customizable app offering crypto and non-crypto users a quick way to manage their financials. Announced on Tuesday, the PayPal ‘super app’ comes with features that allow users to save, earn yield, and spend their cryptocurrencies across any of the millions of merchants accepting […] The post PayPal Launches Digital Assets ‘Super App’ to Boost Crypto Payments And Savings first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-22 21:00


Majority of Crypto Exchanges Dealing in “Predominantly Legal Activity,” says Treasury Deputy Secretary

This statement comes as the Biden Administration targeted “parasite” exchange and blacklisted it for its role in processing ransomware proceeds. The post Majority of Crypto Exchanges Dealing in “Predominantly Legal Activity,” says Treasury Deputy Secretary first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-22 20:41


Robinhood to Rollout Crypto Wallets Early Next Year, Testing Starts Next Month

Robinhood plans to start testing cryptocurrency wallets next month, but a broader rollout won’t be coming until next year. The zero-commission retail brokerage said on Wednesday that apart from allowing buying, selling, and holding limited cryptocurrencies in its app, it will now start allowing its users to move these crypto-assets in and out of their […] The post Robinhood to Rollout Crypto Wallets Early Next Year, Testing Starts Next Month first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-22 18:15


Bitcoin Moving in Tandem with S&P 500 as the Fed Begins its Meeting; Funding Goes Negative Across the Board After Wiping Out $1.2B

Sentiments of “extreme fear” enters the market on the latest dip, but when everyone sees darkness, it is time to add risk and do that “incrementally.” The post Bitcoin Moving in Tandem with S&P 500 as the Fed Begins its Meeting; Funding Goes Negative Across the Board After Wiping Out .2B first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-21 15:42


Infrastructure Bill’s Overlooked “Digital Assets” Tax Provision is a Disaster and an Attack on Privacy

The trillion-dollar infrastructure bill passed by the Senate and now pending in the House that has an overreaching definition of ‘broker’ also contains an overlooked “digital assets” provision. If this bill becomes law, that would be a disaster, said Abraham Sutherland, an adjunct professor at the University of Virginia School of Law and an adviser […] The post Infrastructure Bill’s Overlooked “Digital Assets” Tax Provision is a Disaster and an Attack on Privacy first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-19 16:33


ECB President Says, Cryptocurrencies Are Highly Speculative Assets That Claim Their Fame As Currency

Christine Lagarde says, “we have to stand ready” for CBDC, which will be available side by side with paper currencies while calling for stablecoins to be regulated. The post ECB President Says, Cryptocurrencies Are Highly Speculative Assets That Claim Their Fame As Currency first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-16 18:31


China’s Lehman Brothers Moment? Crypto Market Takes Note of Real Estate Giant Evergrande’s Debt Crisis

While the crypto market is contemplating the effect of Evergrande's possible fallout, Tether has clarified that it is “doesn't hold and never held,” commercial paper issued by Evergrande. The post China’s Lehman Brothers Moment? Crypto Market Takes Note of Real Estate Giant Evergrande’s Debt Crisis first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-16 17:30


DeFi Autumn after Solana Summer? Traders Still Short as Bitcoin Jumps to $48k and Ether to Nearly $3,700

Retail-oriented crypto derivative platforms are deviating from the rest of the market as Bybit, which recently had the highest liquidation like always, is now recording negative funding rates. The post DeFi Autumn after Solana Summer? Traders Still Short as Bitcoin Jumps to k and Ether to Nearly ,700 first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-16 15:30


NFT Leader Dapper Labs Partners With Google To Scale Its Operations On Flow Blockchain

Google is finally getting into the world of non-fungible tokens (NFTs) via a partnership with NFT leader, Dapper Labs. Announced on Tuesday by Forbes, search engine giant Google announced a strategic partnership with the fourth largest NFT blockchain studio, Dapper Labs, with an aim to support the development of new Web3 products and services, such […] The post NFT Leader Dapper Labs Partners With Google To Scale Its Operations On Flow Blockchain first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-16 23:17


Remittance and Fiat Devaluation Drives 1200% Growth in Africa’s Crypto Market: Chainalysis Report

Africa, the smallest crypto-economy, which received $105.6 billion worth of cryptocurrency between July 2020 and June 2021, saw a growth of more than 1200% by value received in the last year. According to a report by Chainalysis, the region is seeing some of the highest grassroots adoption in the world, with Kenya, Nigeria, South Africa, […] The post Remittance and Fiat Devaluation Drives 1200% Growth in Africa’s Crypto Market: Chainalysis Report first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-16 22:26


Jack Dorsey’s Square Chooses Non-Aggression Patent Pact With OIN Membership

Continuing in its stride to engender the adoption of blockchain and cryptocurrencies in general, payment facilitator Square has joined the Open Invention Network (OIN). Square To Engender OSS Growth In a Tuesday release, Open Invention Network (OIN) – an organization focused on ensuring open-source software (OSS) – announced the recent addition of Square to its […] The post Jack Dorsey’s Square Chooses Non-Aggression Patent Pact With OIN Membership first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-16 21:27


A Flood of Demand Has Coinbase Boosting the Size of its Debut Junk-Bond on Lower Rates

Moody initiated a debit-issuer rating for Coinbase at non-investment grade or junk, citing an “uncertain regulatory environment and fierce competition” for not rating the company higher. The post A Flood of Demand Has Coinbase Boosting the Size of its Debut Junk-Bond on Lower Rates first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-15 17:48


SEC Chair’s ‘Very Objectionable’ Approach to Crypto Sees Only ‘A Small Number’ of Cryptocurrencies as Not Securities

Gary Gensler says he’s not “negative or a minimalist about crypto,” rather standards established by Congress which can be changed by them “have a very broad definition of a security.” The post SEC Chair’s ‘Very Objectionable’ Approach to Crypto Sees Only ‘A Small Number’ of Cryptocurrencies as Not Securities first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-15 16:20


House Democrats Planning to Hike Tax on Crypto Assets in Infrastructure Bill

The trillion-dollar infrastructure bill has moved to the House to pass, and after fighting and losing in the Senate, another big fight is at the crypto industry’s door. Citing sources with the knowledge of the plans, Politico reported that Richard Neal, chairman of the House Ways and Means Committee, is the one preparing to add […] The post House Democrats Planning to Hike Tax on Crypto Assets in Infrastructure Bill first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-14 16:49


Chivo Implements Measures “Against Money Laundering,” El Salvador’s Largest Bank Accepts Bitcoin Payments

There is also “no tax” - income or capital - on profits from Bitcoin investment in the country in order to “encourage foreign investment,” The post Chivo Implements Measures “Against Money Laundering,” El Salvador’s Largest Bank Accepts Bitcoin Payments first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-14 22:18


Brevan Howard Ventures Deeper into Crypto by Making a New Hire and Launching a New Division called BH Digital

The high-profile hedge fund is planning to increase its private and venture investments in crypto and further “significantly expand” its exposure to crypto-assets. The post Brevan Howard Ventures Deeper into Crypto by Making a New Hire and Launching a New Division called BH Digital first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-14 21:20


Bank of Mexico Governor says #Bitcoin More like Precious Metal than Legal Tender, But Sweden’s Sees Eventual “Collapse”

Meanwhile, to billionaire investor Leon Cooperman, Bitcoin doesn’t make “a great deal of sense” because he’s old, not to mention he’s a “paper guy.” The post Bank of Mexico Governor says #Bitcoin More like Precious Metal than Legal Tender, But Sweden’s Sees Eventual “Collapse” first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-10 17:57


No, Coinbase Has Not Relisted XRP

Late on Thursday, some cryptocurrency market participants got excited to see XRP on Coinbase, which was a surprise as earlier this year, on January 19, Coinbase “fully” suspended trading in XRP. The San Francisco-based cryptocurrency exchange announced the delisting of XRP back in late December, just like the majority of the trading platforms in the […] The post No, Coinbase Has Not Relisted XRP first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-10 16:10


LATAM’s Crypto Adoption: Panama Introduces Bill to Regulate Crypto and Recognize BTC and ETH as Payment Methods

With crypto law, the country seeks to become “compatible with the blockchain, crypto assets, and the internet” along with smart contracts and DAOs. The post LATAM’s Crypto Adoption: Panama Introduces Bill to Regulate Crypto and Recognize BTC and ETH as Payment Methods first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-9 20:05


Cleansing or Reversal? Over-Leveraged Apes Get Punished and Funding Resets as OI Drops Over 21%

Now that the market has reset, participants are expecting to go higher from here, with funding turning negative and exchanges broken as people try to get their hands on the dip. The post Cleansing or Reversal? Over-Leveraged Apes Get Punished and Funding Resets as OI Drops Over 21% first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-8 16:20


What Went Down? Crypto Carnage Wipes Out August Progress, Revealing Exchanges Remain an Astronomical Failure

“Number go up," and “number go down.” A feedback loop of liquidations sends the prices crashing, but the best course of action is to buy the huge dip as that has “never not” worked. The post What Went Down? Crypto Carnage Wipes Out August Progress, Revealing Exchanges Remain an Astronomical Failure first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-8 15:19


Bitcoin ‘Early’ in the ‘Adoption Curve’ and Has ‘Significant Upside Potential’ as Digital Gold, says Miller Opportunity Trust in SEC Filing

Billionaire manager Bill Miller invested in GBTC when it was at a steep discount as it provided “additional upside potential.” Also bought $21.5 mln of COIN shares, calling it “quite a steal.” The post Bitcoin ‘Early’ in the ‘Adoption Curve’ and Has ‘Significant Upside Potential’ as Digital Gold, says Miller Opportunity Trust in SEC Filing first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-5 19:36