India’s finance minister, Nirmala Sitharaman, has urged the International Monetary Fund (IMF) to take “a lead role” in regulating crypto assets. IMF Managing Director Kristalina Georgieva says the global organization stands ready to work with India on climate change, crypto regulation, and other global challenges of our times. India Wants IMF to Lead in Crypto…
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Canadian crypto exchange Coinberry, part of Kevin O’Leary’s Wonderfi, has sued 50 customers for the return of the bitcoin they obtained without paying during a software glitch. “Coinberry contacted all of the said 546 affected registered users by email and demanded the return of the misappropriated bitcoins,” the lawsuit details. Coinberry Sues Users to Get…
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Timing the market bottom is impossible, but several technical and on-chain indicators suggest that it’s time to start accumulating Bitcoin. Bitcoin (BTC) has been in a rut, and BTC’s price is likely to stay in its current downtrend. But like I mentioned last week, when nobody is talking about Bitcoin, that’s usually the best time…
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The Virtual Assets Regulatory Authority of Dubai has previously given approval for Crypto.com, OKX and FTX subsidiaries to offer crypto-related services in the emirate. Blockchain wallet and cryptocurrency exchange platform Blockchain.com has reportedly secured regulatory approval from Dubai’s Virtual Assets Regulatory Authority, or VARA. According to a Friday report from Reuters, VARA signed an agreement…
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Is the BTC bottom finally in? Data suggests that bears might be losing their tight grip on the market. The correlation between Bitcoin (BTC) and stock markets has been unusually high since mid-March, meaning the two asset classes have presented near-identical directional movement. This data might explain why the 10% rally above $21,000 is being…
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Miramax sued the Hollywood director in November last year after the blockchain provider Secret Network announced the auction of his “uncut screenplay scenes.” Miramax sued the director in November last year after the base-layer blockchain provider Secret Network announced the auction of “uncut screenplay scenes” from the 1994 film as NFTs. The film studio claimed…
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DeFi token finally broke out of two-week-long bearish price dominance to trade in the green, where several tokens in the top 100 registered double-digit gains over the past week. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.…
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Polymath (POLY) more than doubled in price on Wednesday afternoon UTC time, before giving back a large part of its gain within hours of the spike. As of 13:20 UTC, POLY traded at USD 0.259. The token is up a massive 43% for the past 24 hours and up 35% for the past 7 days.…
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Drug traders who exchanged narcotics for bitcoin (BTC) using darkweb portals have been handed jail time and suspended sentences as South Korean courts following scores of arrests made earlier this month…. Read More: Bitcoin-powered Darkweb Drug Dealers Handed Jail Time in South Korea Read more »Sign up for e-EUR – the progressive stablecoin
Almost ten days into September, market volume in bitcoin has started rising, as traders return to action following the summer break. As volume returns, so does volatility, with this week showing both high levels of bullish and bearish sentiment in the token. Looking forward to the remainder of the month, the main question is undoubtedly…
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