Most major altcoins have witnessed profit booking as traders become cautious about the future of Bitcoin’s price. Gold continues to trade near its nine-year highs as investors hedge their portfolio against a possible devaluation of the U.S. dollar due to the expansive monetary policy of the Federal Reserve. Bitcoin (BTC), which has long been forecast […]
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Newest version of Russian bill “On Digital Financial Assets” does not criminalize crypto usage, but there is one more bill that might. A new version of Russia’s major draft bill on cryptocurrency regulation does not include criminal offence codes as lawmakers are expected to hold the bill’s second reading tomorrow. According to official records of […]
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Argentina’s largest telecommunications company has fallen victim to a $7.5M ransomware attack. Telecom, Argentina’s largest telecommunications company, has fallen victim to a ransomware attack. Hackers are demanding $7.5 million in Monero (XMR) — an amount that will rise to $15 million if the company does not pay within 48 hours. Argentina’s major telephone company, Telecom, […]
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The central bank of France is about to start several experimental trials centering the digital euro. Banque de France has picked eight potential candidates to test the integration of a CBDC for interbank settlements, according to the announcement published earlier today. The list of approved participants includes mainstream juggernauts like Accenture, HSBC, and Societe Generale, […]
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The short-lived outburst of trading activity could hint at a larger trend in both cryptocurrency and stock trading. Less than two weeks after the price and trade volume of Dogecoin (DOGE) exploded following a get-rich-quick TikTok challenge that went viral, the meme coin has been making headlines again. This time, Elon Musk’s humorous tweet briefly […]
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The weekend saw the biggest yield farming craze develop as a new governance token gained over 4,000% in a day. The trend of usage incentives in decentralized finance kicked off with Compound’s COMP token distribution, and it continued through several other platforms that sought to replicate its perceived success. But the latest DeFi yield farming […]
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Julius Baer, a top-five Swiss bank, saw its net profit climb by 34% in the first half of 2020, a period during which it began offering digital assets like Bitcoin to its clients. Top five Swiss bank Julius Baer Group, which manages $427 billion in assets, announced on July 20 that its profit increased by […]
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Mastercard is reaching out to cryptocurrency firms and encouraging them to apply to become partners as part of its newly-expanded cryptocurrency card program. Mastercard is reaching out to cryptocurrency firms and encouraging them to apply to become partners as part of its newly-expanded cryptocurrency card program. On July 20, Mastercard said it was simplifying access […]
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The European Union’s 5AMLD has been adopted as the first regulation in Romania of virtual currencies, crypto-wallets and fiat-crypto exchange platforms. The European Union and the European Central Bank wanted to create a unitary legal framework that would limit the anonymity of cryptocurrency transactions, especially in the spectrum of money laundering, terrorist financing and tax […]
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Analysts predict that the end of Bitcoin’s compression cycle will hit within days as price action continues to preserve $9,000 support. Bitcoin (BTC) price begins a new week ranging north of $9,000 as it awaits cues from macro markets — what could be in store for the coming days? Cointelegraph takes a look at the […]
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