Australia intends to do a virtual stocktake of cryptocurrency assets held by its citizens, the new executive power in Canberra announced this week. The move is viewed as an indication that the center-left government plans to regulate the country’s crypto space. Treasury Embarks on ‘Token Mapping’ to Underpin Crypto Regulation in Australia As part of…
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Crypto markets were back in the green on Tuesday, as bearish pressure marginally eased during today’s session. Ethereum rallied back above $1,600 earlier in the day, less than 24 hours after nearing a breakout below $1,500. Bitcoin was also higher, moving past the $21,000 level. Bitcoin Bitcoin (BTC) prices were trading marginally higher on Tuesday,…
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Bitcoin price started an upside correction above the USD 21,200 resistance zone. BTC is currently (11:20 UTC) facing resistance near USD 21,500 and USD 21,650. A clear move above USD 21,650 might start a steady increase. Similarly, most major altcoins are facing important hurdles. ETH is struggling to clear USD 1,650. XRP is facing hurdles…
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The Mayor of one of Japan’s biggest cities has paid a visit to the San Francisco headquarters of Ripple – further strengthening the ties between Japan and the American crypto firm. In a Twitter post last week, Emi Yoshikawa, the Ripple Vice President of Strategy and Operations posted a photo of herself with Fukuoka Mayor…
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The crypto market on Tuesday saw cautious optimism ahead of an annual key meeting of global central bankers known as the Jackson Hole Symposium, with prices of both bitcoin (BTC) and ethereum (ETH) climbing higher for the past 24 hours. The Jackson Hole Symposium is scheduled to begin in Wyoming in the US this Thursday,…
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A slew of major South Korean securities companies – many of which may be affiliated with major commercial banks and business groups – could be set to launch crypto exchange platforms as early as next year. Per Newspim, “seven large domestic securities companies” have already applied to financial regulators for “preliminary approval” – and hope…
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The attempt was suppressed within 31 seconds, with the attacker losing their 5 ETH safety deposit. Cross-chain bridges have increasingly become targeted by malicious entities. However, not all hackers can run away with millions in their exploit attempts. Some end up losing money from their own wallets. In a Twitter thread, Alex Shevchenko, the CEO…
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A KuCoin survey estimates that some 115 million Indian citizens are invested in cryptocurrencies, while many are still concerned about the government’s stance toward the sector. India is now home to an estimated 115 million cryptocurrency investors despite a historically negative attitude toward the sector from the government, according to new data. The latest gauge…
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Users expect decentralized platforms to do more than facilitate trades; platforms also deliver optimal prices and reward opportunities. What are some of the best platforms available on the market today? Modern exchanges are aggregating deeper liquidity to ensure sufficient funds in pools. The number of modern platforms is rising, making it hard for a user…
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Berkshire Hathaway now allocates 60% of its cash portfolio to T-bills, leaving individual investors with the potential to mirror a similar strategy. Warren Buffett has put most of Berkshire Hathaway’s cash in short-term U.S. Treasury bills now that they offer as much as 3.27% in yields. But while the news does not concern Bitcoin (BTC)…
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