European Union proposed to form an intergovernmental agency that will control the work of cryptocurrency trading platforms. The European Union intends to form an intergovernmental body to supervise cryptocurrency exchanges. This was reported by Reuters, citing a document with the proposal.…
Cryptocurrency exchange Huobi closed access to cryptocurrency derivatives for Chinese clients. The new conditions are spelled out in the user agreement The new version of the user agreement states that the cryptocurrency exchange has added China to the list of jurisdictions…
Bitcoin (BTC) reached a local low on June 8 at $31,000 and began a correction from the support level. The next day a bullish absorption candlestick pattern formed on the charts and bitcoin tested the high at $37,682 Technical indicators give…
At least four out of five onchain indicators hint at a capitulation among ether cryptocurrency (ETH) hodlers, according to Santiment Holders of the cryptocurrency ether (ETH) seem to have been unable to withstand the cryptocurrency’s short-term price drop below $2,500. This…
Cryptoclearance in China has reached a new level. Authorities have arrested more than 1,100 people suspected of money laundering through cryptocurrencies. China has seen mass arrests of suspects of laundering illicit proceeds through cryptocurrencies. According to China’s Ministry of Public Security,…
Social and onchain indicators show negative sentiment in a community that lost faith in the SHIB token back in mid-May SHIBA INU hodlers are capitulating amid lingering skepticism about the cryptocurrency. That’s the conclusion reached by analysts at Santiment. A social…
According to Diario El Salvador newspaper, El Salvador’s President Nayib Buquele made a statement at the Bitcoin 2021 conference in Miami that he intends to send to the country’s congress next week a bill that focuses on giving bitcoin in El…
Bitcoin mining difficulty decreased to 21.05 trillion conventional units during May 30, which occurred at block #685440. This decrease was 16% compared to the historical maximum, which was fixed on May 13 this year. It is worth noting that the interval…
Cardano ecosystem developers announced the launch of the alpha version of the first test network for smart contracts called Alonzo Blue. Cardano ecosystem developers have unveiled a plan to deploy a new smart contracts platform. The alpha version of the Alonzo…
Cowen Bank’s digital asset division has raised $46 million from customers. A subsidiary of U.S. investment bank Cowen, Cowen Digital Asset Investment Co LLC, which invests in cryptocurrencies, was able to raise $46 million in funds from customers who were interested…
Investment firm Fidelity summarized the nine-month performance of the organization’s Wise Origin Bitcoin Index Fund. Launched in August 2020, the fund is focused on being an investment vehicle for the Boston-based investment giant ($4.9 trillion in assets under management), through which…
Ray Dalio, a famous investor, billionaire and hedge fund manager of Bridgewater Associates, said that if he compared investments in bitcoins or bonds, he would prefer the former. At the same time, he stressed that he himself owns “some amount of…