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China bans Bitcoin (BTC), again. No, we’re not traveling back in time. On Sept. 24, the People’s Bank of China (PBoC) published a new set of measures to promote inter-departmental coordination on cracking down on crypto activity. The measures intended to “cut off payment channels, dispose of relevant websites and mobile applications in accordance with
The price of Bitcoin fell 8% today following “breaking” (read: weeks old) news that the People’s Bank of China, or PBoC, had declared all cryptocurrency transactions illegal. With that in mind, let’s take a nostalgic look at the last 12 years of FUD out of China, and see if we can spot any patterns. China
A recent study conducted by the online invoicing company that works with small businesses Skynova explains that the city of Los Angeles (LA) is the “most crypto-friendly city in the United States.” Skynova surveyed close to 600 small business owners and top-level executives from the U.S. in order to get their perception of the cryptocurrency
On September 17, a group of officials led by U.S. attorney Tracy Wilkinson have filed a civil complaint in the United States District Court for the Central District of California claiming that they have identified four digital wallets holding more than 9.8 million Tether (USDT) that was involved in wire fraud, computer fraud and money
The Giving Block, a major organization focused on the cryptocurrency donations industry, continues expanding its crypto charity reach with a new partnership. The organization will be working with charitable platform provider RenPSG to allow its donors to move cryptocurrencies like Bitcoin (BTC) into new donor-advised funds to support nonprofits and other charitable organizations, The Giving
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Twitter has begun rolling out “Tips,” a feature that allows users to send bitcoin or cash tips. The rollout begins with iOS users with Android coming soon. The company is also planning support for non-fungible token (NFT) authentication. Twitter Rolls Out ‘Tips’ With Bitcoin Twitter Inc. announced Thursday that it is rolling out the bitcoin
Bullish optimism is on the rise across the cryptocurrency market on Sept. 23 as prices continue to recover from this week’s volatility which was the result of regulatory pressure on the crypto sector, the FOMC meeting on the Fed’s interest rate hikes and monetary policy, along with fears that the Evergrande situation would ripple out
The Canadian Securities Administrators, or CSA, and Investment Industry Regulatory Organization of Canada, or IIROC, have issued guidelines for crypto trading platforms operating in the country to avoid “advertising and marketing materials that could mislead investors.” In a Sept. 23 publication, the Canadian regulators’ guidelines warn crypto companies not to advertise “gambling style” promotions in
On Thursday, the pseudonymous operator of Bitcoin.org told the public on Twitter that the web portal has been “compromised.” The operator, Cobra, explained that the hackers were able to implement a bitcoin doubler scam model and stressed that the site would be down for a “few days.” Website Operator Cobra Warns Bitcoin.org Has Been Compromised
#CryptoCrash #Bitcoin #Ethereum #Solana #Elrond #BitcoinETF #FOMCMeeting IA Referral Links: Tradingview referral link $30 off: https://www.tradingview.com/?offer_id=10&aff_id=27663 Celsius referral code get $50 with $400 deposit: 1315105ca2 FTX: Save on trades FTX referral link: ftx.us/#a=6600802 Voyager Deposit $100 to get $25 of free Bitcoin. Use code CB91C1 or this link to claim your BTC: https://voyager.onelink.me/WNly/referral?af_sub5=CB91C1 0:00 Disclaimer
The cryptocurrency ecosystem is showing signs of a recovery on Sept. 22 following a 48-hours corrective stint which saw Bitcoin and altcoins sell-off to their swing lows. Equities and crypto investors were clearly worried about the possible bankruptcy of China’s Evergrande real estate firm and many feared that the possible default could spark a global
A new survey has revealed bleak insights into the apparent willingness of retail investors to follow digital asset advice from the social media accounts of celebrities and influencers. According to a Morning Consultant survey of 2,200 U.S. adults, 45% of crypto-holding respondents indicated they would be likely to seek exposure to a digital asset if
The U.S. Department of the Treasury has taken actions targeting cryptocurrency exchanges “responsible for laundering ransoms” as part of the whole-of-government effort to counter ransomware. One cryptocurrency exchange has already been sanctioned along with related crypto addresses. “We will continue to crack down on malicious actors,” said Treasury Secretary Janet Yellen. US Government Targets Crypto
Crypto companies from the United States filed two registration statements with the Securities and Exchange Commission (SEC) seeking permission to sell exchange-traded funds (ETF) in relation to Bitcoin (BTC) and decentralized finance (DeFi). An Atlanta-based investment company, Invesco joined New York’s Galaxy Digital Funds to file and register Invesco Galaxy Bitcoin ETF, a trust with
One River Digital, a cryptocurrency-focused hedge fund offering exposure to Bitcoin (BTC) and Ether (ETH), has closed its first funding round after launching last year. One River Digital president Sebastian Bea confirmed Wednesday that the company had raised $41 million in a Series A financing round from investors, including Goldman Sachs and Coinbase Ventures. Other
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#Bitcoin #Evergrande #ChinaCrisis #Solana #CryptoContagion #Evergrande IA Referral Links: Tradingview referral link $30 off: tradingview.com/?offer_id=10&aff_id=27663 Celsius referral code get $50 with $400 deposit: 1315105ca2 FTX: Save on trades FTX referral link: ftx.us/#a=6600802 Voyager Deposit $100 to get $25 of free Bitcoin. Use code CB91C1 or this link to claim your BTC: voyager.onelink.me/WNly/referral?af_sub5=CB91C1 0:00 Disclaimer –
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