Cryptocurrency Analysis and News Portal
Investing in cryptocurrencies “doesn’t make sense right now,” Twitter CFO Ned Segal said, according to the Wall Street Journal.Twitter would have to change its investment policy to hold more volatile assets on its balance sheet, Segal said. The company prefers to hold less volatile assets, such as securities, he added.Fintech
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While bitcoin has been hovering above the $60K handle for a great majority of the last 28 days, the network’s hashrate has jumped considerably during that time as well. Since August 13, Bitcoin’s hashrate has climbed 42% from 110 exahash per second (EH/s) to today’s 157 EH/s. Moreover, after nine
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In Tuesday’s statement, the Basel Committee said its members had reiterated the importance of “developing a conservative risk-based global minimum standard” to manage risks to the banking system from crypto assets that is consistent with the general principles laid out in its previous consultation. Original Source
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sponsored CoinMarketCap, the leading authority on real-time cryptocurrency prices and data, has just updated and verified its TON Crystal (TON) listing. Now TON, the native token of the FreeTON blockchain, ranks among the top 5% of cryptocurrencies by market cap. This has been a year of remarkable development for
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Some NFTs are only digital collectibles in name and marketing, when in reality they are being used for investment or payment, the FATF warned regulators. Other NFTs that are not virtual assets, but are digital representations of assets regulated by the FATF, the task force said. Original Source
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Major U.S.-based Bitcoin (BTC) mining firm Genesis Digital Assets is building a new data center in West Texas. According to the firm’s Nov.1 announcement, the new industrial-scale BTC mining data center will have a capacity of 300 megawatts and will operate using unspecified “sustainable infrastructure.” Its energy will be sourced from
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The prime minister of Thailand has cautioned investors getting into cryptocurrencies, noting that they are volatile and highly speculative. Recently, interest in cryptocurrencies has soared as young investors in the country discovered that they could make money quickly by investing in cryptocurrencies. Thai Prime Minister Warns About Crypto Investing Ratchada Thanadirek, deputy
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The Securities and Exchange Board of India (SEBI), the country’s top securities regulator, issued a notice to advisers on Thursday warning them not to deal in assets that are not regulated in the country.SEBI said it would take action against any investment adviser dealing in unregulated assets, including digital gold.
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Spanish banks are preparing for the possibility of offering crypto assets directly to their customers. According to new regulations, the Bank of Spain must formulate a list of virtual asset service providers and custody companies. However, these institutions are still not sure if they must apply, because banks already comply
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Total assets under management in cryptocurrency funds tracked by CoinShares have been climbing – and could swell further as one or more U.S. bitcoin futures exchange-traded funds launch this week.Oct 18, 2021 at 4:50 p.m. UTCUpdated Oct 18, 2021 at 5:10 p.m. UTCCrypto funds assets under management and net new
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