Not All Analysts Think Bitcoin Is Poised to Crash
Bitcoin has begun to show signs of weaknesses after a crazy rally from $11,000 to $24,000. The drop has made some suggest that a strong move lower is on its way. But on a...
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Traditional banks offer digital asset custody amid compliance legislation
Compliance and regulations become more important than ever before for banks and traditional institutions that offer support for digital assets. More and more traditional banks have started announcing support for digital assets as the...
OKCoin says crypto industry lacks means to comply with new US Treasury proposal
If passed, the United States’ crypto wallet proposal would create significant hassles for digital asset exchanges. U.S. Treasury Secretary Steven Mnuchin recently dropped a proposal requiring exchanges and crypto platforms to verify the identity...
XRP price plunges 21% in two days as SEC targets Ripple — What’s next?
The XRP price correction is exacerbated by reports of a looming lawsuit against Ripple. XRP price declined by 21% in two days on Coinbase from $0.5695 to $0.4491. The drop was accelerated by reports...
Huobi plans return to the US after ceasing operations in 2019
Huobi Group is setting up a trust company in Nevada after closing down the U.S. subsidiary in 2019 Huobi Group, the company behind major global crypto exchange Huobi, is apparently planning to return to...
Indian Crypto Exchange CoinDCX Raises $13.9 Million in Series B Funding
CoinDCX, a popular cryptocurrency exchange based out of Mumbai India revealed that they have raised another 100 crore INR equivalent to $13.9 million in a Series B funding round. The latest funding round was...
DeFi Protocol Synthetix Launches New Staking Platform
Synthetic token DeFi protocol Synthetix has just launched a new platform with a range of staking and earning options for users. The decentralized finance protocol stated that the new interface has been rethought from...
Bitcoin Eyes $20K as Stronger Dollar Offsets US Stimulus News
Bitcoin prices fell for the third consecutive session on Tuesday as a stronger US dollar countered the US Senate’s approval of a long-pending coronavirus stimulus package. The flagship cryptocurrency plunged by 0.56 percent to...
Elon Musk is making advances in the direction of a billion dollar Bitcoin investment
A lively Bitcoin debate broke out on Twitter between Tesla CEO Elon Musk and MicroStrategy CEO Michael Saylor, which made waves in the crypto space. Michael Saylor used a suggestive post from Musk for...
SEC set to sue Ripple with XRP in the crosshairs
Despite the company’s protestations, it appears the SEC is the latest in a long line of plaintiffs. Ripple will be sued by the SEC for allegedly selling unlicensed securities in the form of XRP...
