Tag: cointelegraph

Jul 09
US diplomats call on Japan’s crypto exchanges to cut ties to Russia: Report

The FSA and Japan’s Finance Ministry previously warned crypto firms against processing transactions involving sanctioned individuals or entities, subject to fines or imprisonment. 1137 Total views 36 Total shares Officials representing the United States government have reportedly urged Japan’s licensed cryptocurrency exchanges to stop doing business with Russia, seemingly as part of the country’s economic […]

Jul 09
Not all investments lose value equally: A recovery period for digital assets

When investing in financial markets, people often underestimate the possibility that, over a period of time, the investment may lose its value, and it will take time to recover temporary losses. The deeper the loss becomes, the more energy required to recover the losses increases out of proportion. If I invest $100 and lose 10%, […]

Jul 09
Fed vice chair Brainard urges faster crypto regulation, touts role for stablecoin

Brainard says if crypto remains unregulated as it is integrated into the larger financial system, it will bring risks of instability of the type currently being seen. 961 Total views 36 Total shares Regulate now or regret it later, United States Federal Reserve Board vice chairperson Lael Brainard told an audience at a Bank of […]

Jul 09
BREAKING: Elon Musk wants to terminate the $44B Twitter takeover

Twitter’s secrecy on fake and spam account numbers on the platform is the main reason for tech mogul’s decision, a Friday letter revealed. 3467 Total views 49 Total shares In an unexpected turn of events, Tesla CEO Elon Musk announced his intention to end the $44 billion Twitter deal via a letter sent to the […]

Jul 09
Binance users support 0-fee trading despite CZ’s wash trading concerns

CZ is open to implementing the changes regardless of the challenges that a new system would bring, as he said, “Let’s see what the poll say. We listen to our users.” 1915 Total views 6 Total shares Both traditional and crypto investors consider trading fees as one of the most significant liabilities when it comes […]

Jul 08
DOGE days of summer: Shiba Inu gains 40% on Dogecoin two months after record lows

Shiba Inu (SHIB) has grown stronger against its top “memecoin” rival Dogecoin (DOGE) in the last two months, in part due to the token’s periodic token burning events and a flurry of project announcements that promises to boost its utility. Why is the SHIB price rallying? In detail, SHIB/DOGE gained a little over 40% after […]

Jul 08
Bitcoin price builds best weekly candle since March despite new DXY peak

Bitcoin (BTC) is on track for its biggest weekly gains since March, but not everyone is convinced that good times will last. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Crypto sentiment highest since early May Data from Cointelegraph Markets Pro and TradingView shows that at the time of writing, BTC/USD is up over $2,000 this […]

Jul 08
Binance gets VASP registration for its Spanish subsidiary from the Bank of Spain

Changpeng Zhao, CEO of Binance, said that compliance with regulation is crucial to the broader adoption of crypto. 827 Total views 19 Total shares Crypto exchange Binance is now registered as a virtual asset service provider (VASP) by the Bank of Spain, allowing the exchange to offer custody and crypto exchange services in the country.  […]

Jul 08
EU-regulated firm Banking Circle adopts USDC stablecoin

Banking Circle was launched in 2016 with a mission to help payments businesses reach new global markets, avoiding the burdens of traditional banking. 925 Total views 15 Total shares Banking Circle, a European bank focused on cross-border payments, is adopting a major U.S. dollar-pegged stablecoin for payment rails. The firm officially announced on Friday the […]

Jul 08
Fairfax County highlights the value in the ‘short-term nature’ of yield farming

Fairfax County continues to invest public retirement funds in the cryptocurrency space, highlighting the ‘short-term nature’ of yield farming as an appealing portfolio diversifier. 76 Total views 12 Total shares Virginia’s Fairfax County continues to be a prominent public institutional investor in the cryptocurrency space and is set to diversify its portfolio with a move […]