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Chinese media outlet Economic Daily published an article warning investors about the risk of #Bitcoin prices “heading to zero,” after the bloodbath of the #crypto market. Also stated, "Bitcoin is nothing more than a string of code". Read More: https://finbold.com/china-warns-bitcoin-could-go-to-zero-after-crypto-market-crash/ #cryptonews #cryptocurrency #cryptocrash #cryptomining #cryptomarket
The Brazilian city of Rio de Janeiro will let its crypto-holding residents use their coins to pay their property tax bills from next year.
Crypto exchanges #Binance and #FTX have come up with the leading bids for assets of bankrupt #crypto lender Voyager Digital. Binance's bid is about $50 million, slightly higher than the competing bid from FTX.
Smaller #cryptocurrency exchanges and start-ups could benefit from the European Union’s Markets in Crypto-assets (MiCA), legislation according to Martin Bruncko, #Binance’s executive vice president of Europe.
Indian crypto investors may have lost almost $128 million to fake #cryptoexchanges. Cyber security company CloudSEK revealed that phishing domains and fake #crypto apps are used to scam unsuspecting investors. Read More: https://www.business-standard.com/article/markets/fake-crypto-exchanges-led-to-indian-investors-losing-rs-1-000-cr-report-122062100428_1.html #cryptocurrency #cryptocurrencynews #cryptocurrencytrading #cryptocurrencymining #cryptocurrencymarket #cryptocurrencycommunity
The global #cryptocurrency market cap declined to $1.93 trillion. #Bitcoin dropped below 7%, sliding further into the range it has traded this year. Investors assessed the risks from rising rates and the potential for more tightening by the Federal Reserve. #cryptocurrencynews #btc #cryptocurrencytrading
The #cryptocurrency bloodbath threatens the multi-billion dollar #bloodbath. The co-founder of multibillion-dollar hedge fund Three Arrows Capital took to Twitter in an attempt to combat rumors that the company is insolvent following the market crash. Read More: https://www.theguardian.com/technology/2022/jun/15/cryptocurrency-multibillion-dollar- #crypto #cryptonews #cryptocurrencies #bitcoin #cryptocrash #BTC
Ministry of Finance, #Russia has no plans to trade oil in #Bitcoin or other coins. Although claims that #blockchain-powered tokens could play an “alternative” role in the business dealings of smaller-scale exporters. Read More: https://cryptonews.com/news/russian-ministry-of-finance-says-theres-no-place-for-crypto-oil-trading.htm #cryptocurrency #crypto #cryptocurrencynews #cryptocurrencytrading #cryptocurrencyexchange #cryptocurrencymining #cryptocurrencymarket #cryptocurrencycommunity #crypt
On Thursday afternoon U.S President Joe Biden in a press conference announced that the U.S will impose another wave of sanctions on Russia. The new sanctions will limit its ability to trade in dollars, pounds, Euros, and Yen. Just after the announcement, the price of Bitcoin and other cryptocurrencies turn positive. #cryptocurrency #cryptocurrencynews #cryptocurrencytrading #cryptocurrencyexchange #cryptocurrencymining #cryptocurrencymarket #cryptocurrencycommunity #cryptocurrencys #cryptocurr
South Korean authorities starts a crackdown on unregistered crypto exchanges. Some 16 unregistered providers have been identified as offering services. Crypto exchanges like #KuCoin, Phemex, and Poloniex were on the list. Read More: https://decrypt.co/107711/south-korea-to-block-kucoin-poloniex-in-crackdown-on-unregistered-crypto-exchanges #crypto #cryptocurrency #cryptoexchange
The European Union will tighten restrictions on Russians’ #crypto investments within the bloc as it seeks to respond to “sham” independence votes being held in Russian-occupied regions of Ukraine. Read More: https://news.coincu.com/128825-eu-may-ban-crypto-payments-for-russians/
Russia will legalize #crypto payments “sooner or later,” according to the Ministry of Industry and Trade of #Russia. The trade minister explains that the legalization process will happen; it’s just a matter of how it is regulated and how it passed. Read More: https://www.reuters.com/business/finance/russia-could-legalise-cryptocurrencies-means-payment-industry-minister-2022-05-18/ #cryptocurrency #cryptocurrencynews #cryptocurrencytrading #cryptocurrencyexchange #cryptocurrencymining #cryptocur
The Financial Action Task Force (FATF) is preparing to execute annual checks to ensure countries are enforcing anti-money laundering and terrorist financing rules on #crypto providers. Countries that fail to implement anti-money laundering guidelines for #cryptocurrencies could be added to a grey list.
Crypto hedge fund Three Arrows capital falls into liquidation following its failure to repay creditors as the value of #bitcoin & other #cryptocurrencies have plunged. Read More: https://www.cnbc.com/2022/06/29/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation.html #crypto #cryptocurrency #cryptonews #cryptocurrencytrading #cryptocurrencyexchange #cryptocurrencymining #cryptocurrencymarket #cryptocurrencycommunity
Bitcoin plunges below $25k as the entire #crypto market is on freefall, currently, the market cap has slipped to $1 trillion. Read More: https://decrypt.co/102719/bitcoin-falls-below-26k-as-entire-crypto-market-slides-further #BTC #BItcoinCrash #cryptocrash #CryptoMarket #cryptocurrencynews #BTCUSDT #cryptocurrency #cryptocurrencynews #cryptocurrencytrading #ethereum #cryptocurrencyexchange #cryptocurrencymining #cryptocurrencymarket #cryptocurrencycommunity #eth
US Treasury warns against Russia's effort to evade economic sanctions with #cryptocurrency. The treasury has already identified Russian entities attempting to evade sanctions with cryptocurrencies.
One of the essential perspectives for the discussion around #cryptocurrency is the critical electrical energy needs expected by #mining processes and the subsequent likely natural effect, which has driven some digital currency mining abilities, for example, China, to raise the chance of prohibiting them. World pioneers and organizations have attempted to control the ecological harm of cryptocurrencies. Over 200 organizations and people sent off the Crypto #Climate Accord last year, resolving to
The #Crypto market is facing one of its toughest days ever as it loses another $100 billion. #Bitcoin slumped to a new 18-month low under $23,000. The #altcoins are in a state of freefall as well. Read More: https://www.cnbc.com/2022/06/13/the-crypto-industry-just-had-one-of-its-worst-days-ever.html #bearmarket #bitcoins #bullish #Cryptocrash #Coinbase #Cryptos #Cryptomarket #Ethereum #Bitcoincrash
