The Financial Action Task Force (FATF), the G7-founded intergovernmental organization that fights money laundering, has fired a warning shot at peer-to-peer (P2P) crypto exchange operators – stating that it is “now looking closely at P2P transactions that involve a Virtual Asset Service Provider (VASP).” Thus far, P2P exchanges have stayed largely under the Read more…
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Bitcoin price started a downside correction below the USD 16,200 and USD 16,050 support levels. BTC even broke the USD 16,000 level before it found support near USD 15,800. The price is currently (04:30 UTC) trading above USD 16,000, but it must climb above USD 16,200 to start a fresh increase. Conversely, there was a…
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Bitcoin price remained in a positive zone and it finally managed to climb above the USD 16,000 resistance zone. BTC gained 5% and there was a break above the USD 16,400 resistance. The price is currently (04:30 UTC) correcting gains. Conversely, there were mostly range moves in most major altcoins, including ethereum, XRP, EOS, XLM,…
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As bitcoin (BTC) rallied, with the trading volume rising as well, the transaction fees moved in the opposite direction as miners turned more of their machines on. Bitcoin has made quite a move upwards since the beginning of November, with analysts predicting further volatility, but also appreciation in this month. The world’s number one coin…
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Changpeng Zhao, CEO of Binance. Source: a video screenshot, Youtube, Blockchains for Sustainable Development. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Changpeng Zhao, CEO of Binance, in an interview with Bloomberg, said that the company is "continually" Read…
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Sanctions aim to support anti-government protesters in Belarus who have been met with violence from security forces. Source: Twitter/@franakviacorka The biggest bank in Belarus, the state-owned Belarusbank, has announced plans to co-launch a “legal” crypto exchange service that will allow customers in both Belarus and neighboring Russia to buy and sell crypto “using Visa payment…
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Major crypto payment processor BitPay has announced the launch of BitPay Send, a new mass payout service that allows organizations to pay their employees, affiliates, customers, vendors, contractors, and others with cryptocurrency. The development could help the company reach out to businesses that want to pay in crypto, but are hesitant to hold it for…
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Bitcoin (BTC) extended its gains following the news that online payments giant PayPal opened its new crypto services to all its users in the US (excluding Hawaii), doubling the maximum dollar amount that could be spent on cryptoassets. "We are pleased to announce that all eligible PayPal accountholders in the US can now buy, hold…
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When it comes to crypto, investors often talk about putting your money where your mouth is. And it looks like one outspoken critic is prepared to do exactly that – offering a bet of USD 1m that the bitcoin (BTC) stock-to-flow (S2F) price model will flop in the next half-decade. The audacious move came from…
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Lyn Alden. Source: a video screenshot, Youtube/Preston Pysh, edited by Cryptonews.com. Bitcoin (BTC) is a bubble, too volatile, and has no value – are some of the most common misconceptions popular generalist investor and Swan Bitcoin, a BTC investing app, advisor, Lyn Alden, said she has noticed so far. Alden writes in her recent post…
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