Tag: bitcoin trader

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Canadian Gov’t Says It Has Frozen Crypto-Related Bank Accounts – and Will ‘Freeze More’

  The Canadian government is going ahead with its controversial moves to end the “truckers’ protest” over COVID-19 restrictions that has brought much of the nation to a standstill – by freezing bank accounts and sharing crypto addresses with financial institutions in an effort to cut off protesters’ access to their own funds…. Read More:…
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Binance Joins Russian Banking Union, Will Head New Crypto Department

  The crypto exchange giant Binance has joined the Association of Russian Banks (ARB), where its Russia and CIS (Commonwealth of Independent States) lead will head a new crypto department…. Read More: Binance Joins Russian Banking Union, Will Head New Crypto Department  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Demand for High-Yield Crypto Savings Products to Surge, BitMEX Predicts

  Demand for savings products that yield far higher returns than what can be achieved in traditional markets is expected to surge, as more people realize that inflation is eating away at their savings, crypto derivatives exchange BitMEX has said in a new report…. Read More: Demand for High-Yield Crypto Savings Products to Surge, BitMEX…
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Bitcoin and Ethereum Keep Moving Lower, NEO Inches Up

  Bitcoin price gained bearish momentum below the USD 42,500 support zone and is currently (12:00 PM UTC) moving towards the USD 41,200, having dropped 7% in a day. Similarly, most major altcoins are showing bearish signs. ETH is now trading well below the USD 3,000 pivot level and is down 6% in a day.…
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Fidelity analyst: Bitcoin price up-down debate ‘mostly noise,’ watch network’s Apple-esque growth

The number of users on the Bitcoin network keeps growing higher, drawing comparisons to tech giant Apple’s growth to date. Bitcoin (BTC) continued its decline further into the week as BTC clung to the $40,000 support level on Feb. 18. BTC price up-down debate “mostly noise”  While many analysts anticipated BTC’s price to fall toward $30,000 next,…
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Chinese banking regulator warns against fraud risks in the metaverse

Chinese authorities called the metaverse “attractive and deceptive,” where users are prone to lose money if they are unaware of the risks. After eradicating crypto trading and mining in the country, the Chinese government’s next concern lies with the growing scams around the metaverse projects. The Chinese Banking and Insurance Regulatory Commission issued a risk…
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Crypto bill incoming: Russia’s finance ministry kicks off public comment period

The Ministry of Finance is seeking industry and public input on how to regulate digital assets by March 18. The Ministry of Finance of the Russian Federation has officially initiated work on the country’s cryptocurrency regulation bill, filing the first public notice on the federal legal portal.  Russia’s finance ministry on Thursday filed two development…
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Here are the BTC price levels to watch with Bitcoin ‘hanging on $40K cliff’

$38,000 could be the next stop in a downward move, but equal faith lies in $32,000 being the definitive floor. Bitcoin (BTC) saw its first major test of $40,000 for several weeks overnight, but what price zones are traders watching next? Whether long or short-term, the answer for many is simple: The range is still…
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DeFi may turn to DAO governance to reduce regulatory risks in 2022: Report

“If DeFi aims to reduce regulatory risk, the form of DeFi governance will gradually become a DAO,” writes KuCoin Labs in its annual report. KuCoin Labs, the investment and research arm of crypto exchange KuCoin, has released its annual report, predictin that decentralized finance (DeFi) will still be a significant trend in the crypto industry…
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Sequoia Capital Designates $500-600 Million to Crypto Fund Focused on Liquid Digital Assets

On February 17, the venture capital firm Sequoia Capital announced the launch of a new $500 million to $600 million sub-fund dedicated to “liquid tokens and digital assets.” The company noted during its announcement that the new fund highlights Sequoia’s strategic “commitment to crypto.” Venture Firm Sequoia Capital to Launch a Fund Focused on Liquid…
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