Cryptocurrency Analysis and News Portal
Bitcoin’s price increases have brought some sunshine to the cryptocurrency sector. Each of CoinGecko’s three timeframes—daily, weekly, and biweekly—showed BTC in a positive light. This is fantastic news for the cryptocurrency market as a whole, as BTC is the dominant currency in the sector. Here’s a quick glance at how Bitcoin is
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The offshore exchange rate of China’s fiat currency versus the U.S. dollar recently breached the 7:1 mark for the first time in over two years, after it touched a new 2022 low of 7.0188 yuan for every dollar on September 15. Similar to other global currencies that have depreciated in
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The U.K. Treasury, the government’s finance arm, wants crypto exchanges and wallet providers operating in the country to report suspected sanctions breaches to authorities, updated guidance shows. Source
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Major Indian crypto exchange CoinSwitch Kuber had five of its premises searched by anti-money laundering agents on Thursday over alleged violations of forex laws. According to an Aug. 25 report from Bloomberg, India’s Enforcement Directorate searched CoinSwitch Kuber’s offices as well as the residences of its directors and CEO Ashish Singhal.
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Ethereum has fallen below its $1,600 support level and has displayed bearish sentiment on the chart. Broader market weakness has also contributed to Ethereum’s current price action. Bitcoin had fallen to the $20,000 price mark and altcoins depicted similar price movements. Ethereum over the last 24 hours depicted some minor appreciation on
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Ether's bounce above the 50-day average may be fleeting, one chartered market technician said. Source
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The price of Bitcoin (BTC) is currently trading below the $20,000 mark, reaching a low of $19,147 on Saturday, according to statistics from Coingecko. As the whole cryptocurrency market continues to be pummeled, the price of BTC has fallen below its 2017 all-time high of $20,000, and the market as a whole
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MiCA should “appropriately integrate AML/CFT issues in prudential supervision of entities”, said the report, which is looking at whether the anti-money laundering powers contained in rules for different financial sectors are up to scratch. MiCA introduces requirements for stablecoin issuers to hold sufficient capital reserves and to be monitored by
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The decentralized finance (DeFi) ecosystem continues to struggle with the ongoing market volatility and after-effects of the Terra ecosystem collapse. Over the past week, major DeFi protocols showed signs of increased trading activity, with Uniswap breaching the $1 trillion trading volume mark.Terra remained the focus of most of the discussions
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Both companies assure users their crypto is safe as Hubspot had limited access to internal data. Original Source
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