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Is The Bitcoin Price Rally Sustainable? On-Chain Data Provides Crucial Insights
Bitcoin has been trending up since hitting a local low below $25,000 on September 11th. Yesterday’s rally to $27,435 marked a 10% increase from the recent low. As NewsBTC reported, the rally was largely led by the futures market and a massive increase in open interest of over $1 billion, more than half of which was flushed out when BTC fell back below $27,000. дальше »
2023-9-19 10:50 | |
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Short-term holders prove crucial to spotting Bitcoin market lows, recent analysis shows
Quick Take Recent analysis has shed light on an intriguing aspect of the Bitcoin market cycle. d This cohort’s behavior appears to play a crucial role in signifying a local bottom within the Bitcoin market cycle, as evidenced by a comprehensive examination of the past five years. дальше »
2023-9-19 23:00 | |
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Crypto Influencer Promoting JPEX Exchange Arrested In Hong Kong
Former lawyer and crypto influencer Joseph Lam has been apprehended by the Hong Kong Police for allegedly associating with troubled cryptocurrency exchange JPEX. A local media outlet reported, citing sources familiar with the case, that the police arrested Lam on Monday, September 18. дальше »
2023-9-18 17:00 | |
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Kazakhstan launches CBDC development agency
The National Bank of Kazakhstan (NBK) launched a new local agency that will be in charge of the CBDC development in the country. According to an official press release, the new agency will be called the National Payment Corporation. The… дальше »
2023-9-18 16:08 | |
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JPEX in disarray after Hong Kong's regulators initiate probe
On 13 September, Hong Kong's regulator warned JPEX was operating without regulatory approval Local police have received at least 83 complaints involving $4.3 million Since Hong Kong's regulaThe post JPEX in disarray after Hong Kong's regulators initiate probe appeared first on AMBCrypto. дальше »
2023-9-18 15:00 | |
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Hong Kong arrests celebrity linked to JPEX amid investigations
Police in Hong Kong have arrested an internet celebrity connected to the crypto platform JPEX, which is said to be unregulated. According to a local report on Sept. 18, the Police Commercial Crime Bureau of Hong Kong arrested Lam Zuo,… дальше »
2023-9-18 11:50 | |
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Chainlink surges amid high exchange inflows and social volume
Chainlink’s (LINK) price has constantly risen since Sept. 11, after the asset hit a local bottom of $5.7 with a market cap of $3.1 billion. LINK is up by 5% in the past 24 hours and is trading at $6.56… дальше »
2023-9-18 11:46 | |
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Hong Kong policymaker responds to Vitalik Buterin over regulation
Buterin shared doubts about Hong Kong’s crypto welcome party and laws during a Singapore summit, prompting an invitation from local regulator Johnny Ng. A member of the Legislative Council invited Ethereum (ETH) creator Vitalik Buterin to scope out Hong Kong’s… дальше »
2023-9-15 22:32 | |
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Shark Tank Web3 Spin-off Ruffles Crypto Twitter Feathers, Judges Called Scammers
The web3 show mirrors the popular Shark Tank series, known to have its local versions in various countries. Killer Whales boasts a worldwide broadcast to over 55 countries through major streaming platforms, including the HELLO TV app. дальше »
2023-9-15 14:00 | |
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Ukraine probes local crypto exchanges for tax dodging
The Economic Security Bureau of Ukraine is conducting a pretrial investigation against local crypto trading platforms suspected of tax avoidance. Ukraine’s Economic Security Bureau (ESB) is investigating local crypto exchanges after the bureau found that non-regulated exchanges operating in the… дальше »
2023-9-13 16:00 | |
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Thailand Authorities Bust $27 Million Crypto Scam, Over 3,200 Victims Affected
In a recent development from Thailand, authorities uncovered a massive crypto scam targeting local investors, with damages amounting to more than $27 million. In collaboration with international bodies, local enforcement agencies went after a fraudulent investment platform, leading to multiple arrests and property seizures. дальше »
2023-9-12 03:00 | |
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Investor who lost 8k Bitcoins in dump sues local council
An investor lost over 8,000 BTC after his hard drive was scrapped. Now, he will sue the UK council because he was not allowed to dig it up. According to The Telegraph, former engineer James Howells lost 8,000 Bitcoins (BTC)… дальше »
2023-9-11 14:42 | |
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India explores new features for CBDC amid weak retail activity
The Reserve Bank of India is said to be working with local banks to link the digital version of e-rupee with the country’s national payments system. India’s central bank, the Reserve Bank of India (RBI), is reportedly collaborating with local… дальше »
2023-9-11 14:34 | |
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The rise of CBDCs is inevitable but not risk-free | Opinion
To make CBDCs successful, global and local financial institutions need to invest in digital currency education, analyze various use cases, and create their digital currency strategy. дальше »
2023-9-11 18:24 | |
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Taiwan plans ban on unregistered offshore crypto exchanges
Taiwan plans to restrict access to offshore cryptocurrency exchanges that are not registered with the local regulators. According to a Sept. 7 report by Taiwan’s semi-official Central News Agency, the country’s Financial Supervisory Commission recently drafted ten virtual asset service… дальше »
2023-9-8 12:14 | |
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Digital ruble rise threatens future of conventional banking in Russia
Anatoly Aksakov, the chairman of Russia’s Financial Market Committee in the State Duma, suggested that the Digital Ruble, a central bank digital currency (CBDC), could potentially render traditional banks redundant, as local media outlet Ria reported on Sept 5. дальше »
2023-9-6 15:55 | |
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South Korea crafts bill to freeze North Korea crypto assets
The South Korean government plans to submit a bill that will enable it to track and freeze crypto assets used by North Korea for its weapons program, local media outlet Korea JonngAng Daily reported on Sept. дальше »
2023-9-5 14:30 | |
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Bitcoin price bottom might be in, or not!
BTC's Spent Output Profit Ratio has suggested that a local price bottom might be in. However, the recent movement of dormant coins suggests otherwise. Bitcoin’s [BTC] Spent Output Profit RThe post Bitcoin price bottom might be in, or not! appeared first on AMBCrypto. дальше »
2023-9-4 19:30 | |
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Chinese central bank exec aims for digital yuan retail expansion
Changchun Mu, an executive from the People’s Bank of China (PBOC), stated that the digital yuan needs to be available in retail scenarios. According to the local source Paper, Mu explained at a trade forum in Beijing that the central… дальше »
2023-9-4 11:58 | |
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Karnataka Police Launch Internal Probe Over Handling of Evidence in Bitcoin Scam
Police in the state of Karnataka, India, look into how local officers handled evidence in the case of a crypto criminal. The post Karnataka Police Launch Internal Probe Over Handling of Evidence in Bitcoin Scam appeared first on BeInCrypto. дальше »
2023-9-1 00:08 | |
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Kenya clamps down on Worldcoin over national security and tax evasion concerns
Kenya’s National Computer Cybercrimes Coordination Committee (NC4) warned that Worldcoin activities pose national and economic security challenges to the African country, local media outlet Standard Media reported. дальше »
2023-8-30 15:45 | |
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Chinese Players to Showcase Digital Yuan Solutions at 2023 Beijing Service Trade Fair
Local news outlet underlines that JD's partnership with ICBC will release a digital yuan programmable supply chain solution. It will be based on digital renminbi smart contracts. The post Chinese Players to Showcase Digital Yuan Solutions at 2023 Beijing Service Trade Fair appeared first on BeInCrypto. дальше »
2023-8-30 13:45 | |
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Binance launches new crypto on-ramp ‘Send Cash’ in Latin America amid crypto card service suspension
Binance is launching a new solution in Latin America called Send Cash, designed to facilitate more efficient crypto to local bank transfers. This advancement comes on the heels of Binance’s decision to discontinue its crypto card services in the same region, a move that reportedly affected less than 1% of its users. дальше »
2023-8-30 10:20 | |
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Binance P2P Removes Support for the Most Used Bank in Venezuela
Binance has removed support for Banco de Venezuela, the country's most used bank, from its peer-to-peer (P2P) platform, citing compliance with local and international regulatory standards. The post Binance P2P Removes Support for the Most Used Bank in Venezuela appeared first on BeInCrypto. дальше »
2023-8-29 15:30 | |
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A Completely Decentralized OTC Application By Revolut
Revolut is a completely decentralized payment platform that is integrated across the globe. This forward-thinking initiative, which was developed via the cooperation of global consensus-builders, enables users to transact using local currencies on a global scale while gaining access to localized preferential policies. дальше »
2023-8-29 23:46 | |
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HashKey to debut Bitcoin and Ethereum retail trading in Hong Kong
Crypto exchange HashKey Group is set to debut Bitcoin (BTC) and Ethereum (ETH) trading services for its Hong Kong customers on Aug. 28. In an interview with local media, HashKey chief operating officer Weng Xiaoqi announced that its exchange business… дальше »
2023-8-27 00:29 | |
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Latin American Stablecoins Focus on Beating Inflation and Powering Remittances
Dollar-pegged stablecoins have been used by consumers in countries like Argentina and Venezuala to hedge against high inflation. But the continent is also home to a growing pool of local stablecoins oriented toward cross-border remittances. дальше »
2023-8-26 17:54 | |
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Binance removes five sanctioned Russian banks from P2P trading: WSJ
Binance has removed several sanctioned Russian banks from its peer-to-peer (P2P) trading service, The Wall Street Journal reported on Aug. 25. The news outlet cited a quote from Binance, which stated: “We regularly update our systems to ensure compliance with local and global regulatory standards. дальше »
2023-8-26 23:50 | |
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