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BTC price hovers above $61K amid fresh concerns over fate of physical Bitcoin ETF

Bitcoin (BTC) saw some rare calm on Oct. 16 as the market continued to digest the approval of the United States' first exchange-traded funds (ETFs).BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewLack of faith over non-futures ETF approvalsData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $61,500 on Saturday, still up

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Binance Australia To Shut Down Crypto Futures Trading Amid Regulatory Concerns

As the crypto industry continues to dominate, financial regulators fear criminals will turn to the industry for their illicit activities. This year 2021, has been hot for the crypto industry in terms of regulation. Many financial watchdogs in the USA and other countries pushed harder to regulate the sector. Some top

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Key Bitcoin options ‘fear’ indicator reflects traders’ regulatory concerns

After 46 consecutive days of trading above $42,000, Bitcoin (BTC) price started to show weakness on Sept. 21. Over the last three days, the 13% accumulated loss was enough to erase the hard-earned gains added since Aug. 6. Historicals also show that the previous bearish cycle took 79 days to

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Regulatory and privacy concerns trail SEC’s threat to Coinbase

Crypto lending products have come under scrutiny from security regulators in some jurisdictions across the United States. While these enforcement actions have come from agencies at the state level, there have been indications that the Securities and Exchange Commission (SEC) was also set to go on the offensive.Thus, it was

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India’s Central Bank RBI Still Has ‘Serious Concerns’ About Cryptocurrency – Regulation Bitcoin News

The governor of the Reserve Bank of India (RBI), Shaktikanta Das, has once again expressed concerns regarding the impact of cryptocurrencies on India’s financial stability. Crypto Presents ‘Serious Concerns’ to RBI The Indian government is currently awaiting the Cabinet to take up the crypto bill. However, the country’s central bank, the Reserve

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More Zimbabwean Artists Pivot to NFTs as Bubble Concerns Grow – Altcoins Bitcoin News

A Zimbabwean artist, Greatjoy Ndlovu, joined the growing list of African artists pivoting to the non-fungible tokens (NFT) market after his digital artwork was sold for 0.7 ethereum. The sale, which took place on the Async Art NFT marketplace, is Ndlovu’s first foray into the digital art space. NFTs an Opportunity

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Powers On… Broker disintermediation and unregulated crypto exchanges cause major concerns

Powers On... is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor at Florida International University College of Law, where he teaches the course

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Concerns around data privacy are rising, and blockchain is the solution

Today’s consumers are willing to trade their data for personalization but have fast-growing concerns about data privacy. In a survey from a digital security and credential issuance company Entrust, only 21% of the respondents trust established global brands to keep their personal information secure.As data privacy pressure on Big Tech

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$100M funding round for Binance.us falls through on regulatory concerns

Regulatory concerns surrounding Binance.us and its owner, Changpeng Zhou (CZ), have reportedly culminated in investors backing out of a $100 million funding round.The failed funding round also prompted Binance.us CEO Brian Brooks' surprise decision to step down after serving as its executive for just three months. Brooks, the former Acting Comptroller of the

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