ETH has gained 48% over the past week, leaving most of its crypto brethren behind — though it’s still risky days ahead given the macroeconomic factors still at play. Ethereum is outperforming the broader cryptocurrency market as the highly anticipated Merge approaches, but the bigger picture is still largely bearish. Ethereum (ETH) has gained a whopping…
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Self-reg entity JVCEA has reportedly received stern warnings to get its act together, as Japan’s Financial Services Agency pushes for the organization to speed up its AML regulation rollout. Japan’s self-regulation “experiment” for the crypto industry is reportedly not working as well as intended, according to local government and industry experts. Since 2018, the Japan…
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The latest Q2 report also details how energy efficiency among Bitcoin miners is on the rise. Nearly 60% of the electricity used to power Bitcoin mining machines comes from sustainable sources, according to the latest Q2 2022 report from the Bitcoin Mining Council (BMC). In its Q2 review of the Bitcoin network released on July…
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Bitcoin.com sponsors the launch of a brand new crypto casino BitSpinCasino with support for gaming with various cryptocurrencies and a smashing welcome offer of up to 3 BTC!
Play Exciting Casino Games With BTC, BCH, ETH, USD, EUR, AUD, JPY & Many More
Bitcoin as a form of value-driven technology is inarguably the…
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The Financial Superintendence of Colombia presented a project that seeks to bring clarity to how links between banks and virtual asset service providers (VASPs) will be handled in the future. The document defines certain key concepts and determines a set of prerequisites that banks need to verify before accepting virtual asset service providers as customers.…
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A panel of “industry experts” has predicted that ethereum will bottom out at $675 before the year-end. They have “considerably lowered” their ether predictions since the start of 2022 and are now expecting the price of the cryptocurrency to end the year at $1,711 before rising to $5,739 by 2025, and $14,412 by 2030.
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Harvard Professor of Economics and former chief economist at the International Monetary Fund (IMF) Kenneth Rogoff says central banks and governments are “way behind the curve” in regulating cryptocurrencies. He added that officials throw out the idea of having central bank digital currencies (CBDCs) “to distract the conversation.”
Harvard’s Professor on Cryptocurrency Regulation
American…
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Transactions with digital assets backed by precious metals are beginning in Russia with the launch of a token for palladium. The rare metal, which is used in jewelry and has some high-tech applications, is not a publicly available asset in the Russian Federation.
Atomyze and Rosbank Issue Digital Token for Palladium
The Russian…
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The microstate of Andorra is looking to make crypto and central bank digital currency (CBDC)-related moves with a legislative proposal that could eventually see the country issue its own token – and despite an initial setback, could push to adopt crypto-friendly policies in the near future…. Read More: Andorra Taking Baby Steps Toward Crypto Adoption…
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A 33-year-old South Korean crypto company chief has appealed a 25-year prison sentence after allegedly pushing his live-in girlfriend to her death from a 19th-storey window. Per Asia Today and Newsis (via Fn News), the man, referred to for legal reasons by his surname Kim, was the CEO of an unnamed crypto investment firm and…
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