Rosfinmonitoring is conducting hundreds of investigations into cases involving cryptocurrencies, the head of the agency announced. Hundreds of thousands of Russians take part in crypto deals abroad, the top regulator also reported to the Russian president. Russian Authorities Initiate 20 Criminal Cases Linked to Crypto Assets The Federal Financial Monitoring Service of the Russian Federation,…
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Grayscale Investments, the world’s largest digital currency asset manager, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) challenging the securities regulator’s decision to reject its application to convert the Grayscale Bitcoin Trust to a spot bitcoin exchange-traded fund (ETF). Grayscale Takes SEC to Court Over Spot Bitcoin ETF Application Grayscale Investments…
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PRESS RELEASE. The cryptocurrency industry has certainly become oversaturated with hundreds of crypto projects being established everyday with many of them failing before ever reaching any significant milestone. The mass success of the industry has led to many believing they can achieve that very same amount of success despite not putting in as much work…
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Bitcoin price gained bearish momentum below the USD 20,000 support zone. BTC even declined 5% and traded below USD 19,500. It is currently (11:20 UTC) trading near USD 19,000 and is also down 4% in a week. Similarly, most major altcoins are down over 5%. ETH traded below the USD 1,050 and USD 1,020 support…
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The price of bitcoin (BTC) on Thursday tested support around the USD 19,000 level after trimming some losses from early trading in Europe, while ethereum (ETH) fell to the important psychological level around USD 1,000. As of 10:55 UTC, BTC was trading at just over the USD 19,000 mark, after hitting a low of 18,920…
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The European Parliament and the Council of the European Union have reached a provisional agreement on the Transfer of Funds Regulation (TFR) that is to ensure crypto transfers can be traced and that transactions considered suspicious are blocked, potentially paving the way for tougher enforcement by the European Union. … Read More: EU Institutions Reach Provision…
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The crypto market will probably see “a few more” meltdowns similar to what happened with the Terra (LUNA) ecosystem and crypto hedge fund Three Arrows Capital, argues Pantera Capital CEO Dan Morehead. However, according to him, the majority of the contagion from current meltdowns has already been priced in…. Read More: More Crypto Meltdowns Could…
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The Jacobi Bitcoin ETF will start trading on the Euronext Amsterdam Exchange under the ticker BCOIN in July. Major Dutch stock exchange Euronext Amsterdam, a part of the pan-European marketplace Euronext, is debuting its first Bitcoin (BTC) exchange-traded fund (ETF). Jacobi Asset Management, a London-based digital asset management platform, is preparing to launch its Jacobi…
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The latest ETH plunge has triggered a bearish continuation setup, with an interim downside target 20% below the current prices. Ethereum’s native token Ether (ETH) fell on the final trading day of Q2/2022, trading in sync with riskier assets amid persistent fears of higher inflation and rising interest rates. And it could result in further…
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Crypto exchange Binance has signed similar agreements with governments in Kazakhstan, Dubai and Bermuda. Crypto exchange Binance has signed a memorandum of understanding (MoU) with the Securities and Exchange Regulator of Cambodia (SERC), according to a June 30 announcement. Binance and SERC will work together to develop crypto regulations in the country. SERC is looking to…
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