Cryptocurrency Analysis and News Portal
According to Zhao, the effects of a halving usually take time to materialize. The cryptocurrency industry is awash with anticipation as the all-important Bitcoin halving event date draws closer. However, there have also been many predictions for what may happen in the aftermath of the event, which is expected to take
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The Hong Kong Securities and Futures Commission (SFC) has advised investors to exercise caution regarding JPEX, a cryptocurrency exchange operating without regulatory approval. Hong Kong clamps down on JPEX The SFC, in an announcement on Sept. 13, noted that none of the entities under the JPEX Group has obtained a license, nor
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A dozen European Union (EU) politicians have signed a letter calling for the “safe” development of artificial intelligence (AI) as Google's CEO cautioned against releasing powerful AI tech before society has had a chance to adapt.An April 16 open letter shared on Twitter by EU Parliament member, Dragoș Tudorache, called
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“Margin is there to protect against counterparty credit risk,” said Cunliffe, who has led international work on stablecoin standards. “If the transaction happens in a nanosecond, then you have a nanosecond’s worth of counterparty credit risk.” Source
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Veteran investor Mark Mobius, the founder of Mobius Capital, has cautioned cryptocurrency traders against using the “buy the dip strategy.” He expects the price of bitcoin to plunge further with some temporary relief happening at $20K. Mark Mobius’ Warning and His Bitcoin Price Prediction The founder of Mobius Capital Partners, Mark Mobius,
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The Basel Committee on Banking Supervision is already looking into the capital treatment for such crypto-related exposures at banks. Whatever that global standard-setter decides will influence the decisions made by its member governments, including the U.S. Original Source
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The Central Bank of Sudan (CBOS) cautioned the country’s citizens against dealing with “all types of cryptocurrencies” due to “the high risks” that they pose. This announcement came as a reaction to the increasing interest in digital assets among the country’s population, which has been facing three-digit inflation rates since
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Former U.S. Congressman Ron Paul says he still believes that the government could outlaw bitcoin mainly because he is “influenced a whole lot by history and the gold history.” Despite his warning, Paul stressed that crypto “should be obviously permitted.” Ron Paul Discusses Bitcoin as Interest in Crypto Rises Former presidential candidate
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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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Revolut, a crypto-friendly trading app, is reportedly issuing a strong warning to its customers regarding buying and selling XRP.According to news outlet The Irish Times, the fintech firm recently sent out a notice to its customers saying it was still possible for the firm to delist or restrict trading on
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