Cryptocurrency Analysis and News Portal
Digital asset exchange Huobi Global has revealed its intention to exit the Chinese Market. The crypto trading platform with Chinese roots said it will stop processing transactions for existing users on the mainland by the end of the year. Huobi Global Halts Services in the People’s Republic Crypto exchange Huobi Global
Read More
Another one bites the dust. David Marcus stepped down as the head of Novi, Meta/ Facebook’s fintech division. The company’s first order of business was to create a cryptocurrency, but regulators around the world were not keen on the idea. After a few missteps and name changes, they finally released
Read More
The central bank of Russia is trying to evaluate the amount of Bitcoin (BTC) held by local investors amid a massive amount of money not returning to banks following the pandemic-fueled withdrawals.According to Elizaveta Danilova, head of the central bank’s financial stability department, the Bank of Russia is polling local
Read More
Bitcoin price is at a crossroads, either ready to fall into the troughs of a bear market, or blast off and show the world the bull run has yet to officially end. But which is it? No one truly knows, but a technical pattern and the psychology behind it could
Read More
Bitcoin (BTC) demanded a $40,000 resistance flip on July as on-chain data revealed large withdrawals from exchanges.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewExchange balances shed 57,000 BTCData from Cointelegraph Markets Pro and TradingView showed BTC/USD rise to challenge the upper end of its trading range once more on Thursday.The pair
Read More
All across finance, the conversation of the day has been centered around China and the ongoing regulatory crackdown As it pertains to the crypto market and assets like Bitcoin and Ethereum, holders are wondering if there could be spillover effect and additional FUD that could on the ongoing recovery in
Read More
Ethereum’s and Chainklink’s native cryptocurrencies, ether and link, have set new record highs while bitcoin is in motion to recover losses from its worst week in at least five months. Meanwhile, an early blockchain-based digital collectible sold for $762,000 … what!?Top shelfCalling bitcoin bulls:The Income Strategy fund for Miller Value
Read More
Ripple used to position itself as the regulator-friendly crypto firm.Now the company is threatening to leave the U.S. over regulatory uncertainty.Lack of clarity from the SEC about XRP’s legal status looks to be the sticking point. The company is fighting several private investor lawsuits over the securities question and reportedly eyeing
Read More
The unexpected five-week-long suspension of OKEx’s crypto withdrawal service has left many of its users, largely based in China, disappointed and determined to leave or reduce holdings on the exchange when withdrawals resume sometime this week.“We will still trade on OKEx but our investment will be much more diversified and
Read More
The SEC revealed that it brought 56 cases related to blockchain projects, cryptocurrencies and digital assets since July 2017.The current serving Chairman of the Securities and Exchange Commission (SEC) Jay Clayton is set to conclude his tenure by the end of the year. According to The New York Times, Jay
Read More