The U.S. Anti-Money Laundering and Combating the Financing of Terrorism laws: Where will these updates lead the crypto space? Against great push back from the crypto industry and as the price of Bitcoin (BTC) reached new all-time highs several times during the last couple of months, the United States has updated its cryptocurrency Anti-Money Laundering/Combating…
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A deep analysis of the actual final judgement in the U.S. Securities and Exchange Commission versus Kik Interactive case. Much has been written about the Sept. 30, 2020, decision by Judge Alvin Hellerstein of the Southern District of New York in the U.S. Securities and Exchange Commission vs. Kik Interactive. In that order, the judge…
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Scaramucci’s SkyBridge Capital introduced a new Bitcoin fund in early January. He says that improved infrastructure and regulation have made BTC investments “as safe as owning bonds and commodities like gold.” Anthony Scaramucci, the head of SkyBridge Capital and former White House communications director, believes Bitcoin’s (BTC) value proposition has strengthened significantly now that governments…
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Without the global retail trader base, the Bitcoin market would not be what it is today: The investment champion of 2020. The twists and turns of 2020 made it arguably the best year on record to be a trader, especially if you were involved in cryptocurrencies. May’s third Bitcoin halving, coupled with the euphoric market…
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Do the benefits brought by Bitcoin and the improvement in our standard of living justify this additional use of energy? Bitcoin arouses passion, curiosity and has received more and more media attention, especially after having climbed the ranks of the best financial asset of the decade. However, whenever its price goes up, many doubts and…
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A handful of altcoins posted double-digit gains while Bitcoin’s relief rally was halted by resistance at $34,000. Bitcoin’s (BTC) tumble below $30,000 was short-lived as the top cryptocurrency found a new wave of support, including a $10 million ‘buy the dip’ moment from MicroStrategy. Data from Cointelegraph Markets and TradingView shows the strong inflows have…
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The Crypto Fear and Greed index shows that the cryptocurrency market sentiment has just shifted from “Extreme Greed” to “Fear.” With the Bitcoin (BTC) price dipping below a $29,000 threshold, the investor mood is worsening and the Crypto Fear and Greed index has plunged to October 2020 levels. On Jan. 22, the Crypto Fear and…
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Some Russian public officials have to disclose their crypto holdings, while other officials are obliged to hold zero crypto by April 1, according to a new law. Russia adopted its cryptocurrency law in January, but this legislation does not provide a direct answer to some questions, including how local officials should deal with their crypto…
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“What happens when the world and the U.S. dollar is in a continual state of quantitative easing?” Can BTC find a new and unexpected role for itself? Reserve currency is money held by central banks or treasuries usually for international transactions. Argentina is not going to be able to purchase a Boeing 737 MAX passenger…
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VanEck has filed with the SEC to launch the Digital Assets ETF related to the performance of top cryptocurrency companies. VanEck, a major American investment management firm, is making another attempt to launch a digital asset-related exchange-traded fund, or ETF. According to a Jan. 21 filing with the United States Securities and Exchange Commission, VanEck’s…
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