Bank of Russia Advises Stock Exchanges to Avoid Trading Crypto Instruments – Regulation Bitcoin News
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$60K is now more likely for Bitcoin than $20K, Bloomberg’s senior strategist asserts
Bitcoin (BTC) has better probability of recovering back to $60,000 than to break below its current support level of $30,000 and target $20,000, believes Mike McGlone, senior commodity strategist at Bloomberg Intelligence.A screenshot from McGlone's latest analysis on the flagship cryptocurrency, first shared by Bloomberg's senior ETF analyst, Eric Balchunas, shows
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Tron, Stuck in Polygon’s Shadow, Deserves Its Own Place in the Sun, Founder Says
Justin Sun isn’t accustomed to being overlooked nor is he happy when he feels that one of his projects isn’t getting enough attention. Sun, who is known for his self-promotion and marketing stunts at least as much for the Tron blockchain network he founded, is rankled because the recent explosive
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SEC Commissioner concerned about the US lagging behind global Bitcoin ETFs
Securities and Exchange Commissioner Hester Peirce has voiced concerns over the United States lagging behind global jurisdictions in adopting cryptocurrency exchange-traded funds (ETFs).During an online appearance at the Bitcoin (BTC) conference “The B Word,” Peirce pointed out that many other countries such as Canada have already been trading crypto ETFs, while the
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Illusion or reality? Crypto demand either faltering or poised to charge
BlackRock is the world’s largest asset manager, so when its CEO, Larry Fink, remarked recently that he was seeing “very little in terms of investor demand” with regard to crypto and Bitcoin (BTC) based on “my last two weeks of business travel,” it set off some alarm bells.A lively Twitter
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Karura launches decentralized exchange on Polkadot and Kusama
Karura, the Kusama implementation of the Acala protocol, has launched its decentralized exchange (DEX) platform, Karura Swap.According to the announcement issued on Friday, the DEX platform is now live, with KSM/KAR being the first trading pair on the exchange.Per details provided by the announcement, Karura Swap has gone live with
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Axie Infinity refreshes record high as AXS ascends 131% in just 3 days
The price of Axie Infinity’s native token, AXS, more than doubled in just three days of trading amid speculation that it is going to revolutionalize the blockchain-enabled gaming industry forever.The AXS/USD exchange rate reached a record value of $32.69 on Friday, up 31.28% intraday, and about 131% from its Tuesday
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Coinbase and top execs face securities class action over Nasdaq listing
A Coinbase shareholder has filed a securities class action against Coinbase for allegedly misleading investors ahead of its public listing about the company’s financial state and resilience as a crypto trading platform.Filed by law firm Scott + Scott in California Northern District Court on Thursday, the class action names Coinbase
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Nigeria to pilot central bank digital currency in October
For much of 2021, the Central Bank of Nigeria (CBN) has been in the headlines for its anti-cryptocurrency measures. Yet, the institution has this week redoubled its investment and research into crypto’s underlying technology, blockchain, and has set a clear date for the pilot scheme of its blockchain-powered central bank
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Binance US ‘looking at IPO route’, CZ says
Binance US, a United States-based cryptocurrency exchange operating separately from Binance, is looking to go public despite the ongoing regulatory crackdown on Binance.Changpeng Zhao, founder and CEO of the global exchange Binance, talked about its ongoing regulatory issues and future plans at the blockchain virtual summit REDeFiNE Tomorrow 2021
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