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Price analysis 9/24: BTC ETH, ADA. BNB, XRP. SOL, DOT. DOGE. AVAX. LUNA

After news that China had banned crypto trading, Bitcoin and other altcoins saw a sharp downturn. After news that China had banned crypto trading, the crypto market suffered a sharp downturn. Source: Coin360China announced a ban against cryptocurrency in September 2017. This news also caused a sharp correction of Bitcoin (BTC). The price plunge proved […]

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SEC is open to discussion when it comes crypto. Kraken chief lawyer

Marco Santori, Kraken’s chief legal officer (CLO), points out the hostile stance that some crypto firms have taken towards regulators. Kraken’s Chief Legal Officer (CLO), Marco Santori, has spoken out to highlight the antagonistic stance taken by some crypto firms towards regulators in the midst a difficult period for high-profile US crypto firms. The exchange’s […]

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Altcoin roundup – DeFi is more than just providing liquidity

While the Bitcoin price has fallen, crypto investors still have plenty of yield opportunities due to DeFi. The decentralized finance sector (DeFi), has been a constant headline throughout 2021. To date, hundreds of billions in crypto assets have been locked on protocols across multiple blockchain networks and are earning a yield for their owners. Uniswap […]

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Chinese regulators join forces to crackdown on crypto

To continue fighting crypto, the Chinese central bank has set up a “coordination system” with state agencies. To combat cryptocurrency, the Chinese central bank has established a “coordination mechanism” with state agencies. The announcement stated that the institutions and authorities involved have made significant improvements to crypto monitoring platforms in order to identify illegal transactions […]

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Deutsche Bank analyst: Bitcoin is ‘ultra-volatile’ but it’s here for the long haul

Deutsche Bank’s research division believes that Bitcoin will have a “first-mover advantage over other cryptocurrencies in the near future. An analyst at Deutsche Bank’s Research Division, Marion Laboure, stated that she can see Bitcoin becoming the 21st-century digital gold. However, she cautioned investors about the volatility of the crypto asset. According to the analyst, most […]

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Ukraine joins the comity crypto-friendly countries with new regulation

Ukraine, unlike Russia, has passed laws to facilitate cryptocurrency adoption within the country. There are a variety of legal positions regarding cryptocurrency law, depending on where they are located. Some countries adopt strict regulations or blanket prohibitions, while others choose to open up to crypto. Ukraine’s government encourages legalized crypto operations within its borders. The […]

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Some bite and some bark. China’s Bitcoin ban places traders in the “fear” zone

After China’s announcement of a ‘crypto ban’, Bitcoin derivatives markets went neutral to bearish. This triggered a drop in the BTC price to $40,000. China bans Bitcoin (BTC) again. The People’s Bank of China (PBoC), published a new set of steps to encourage inter-departmental coordination in cracking down on cryptocurrency activity on Sept. 24. These […]

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$16B charity provider allows Bitcoin donations via The Giving Block

RenPSG will allow charities to accept more than 45 cryptocurrencies, including Bitcoin, Ether, and Dogecoin. The Giving Block, a major nonprofit organization focusing on cryptocurrency donations, has announced a partnership with RenPSG. The partnership will allow charities to accept more than 45 cryptocurrencies, including Bitcoin, Ether, and Dogecoin. According to The Giving Block, RenPSG supported […]

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