The United Kingdom’s Financial Conduct Authority warned investors of two fraudulent clones of financial firms. The British Financial Conduct Authority (FCA) has warned investors of a fraudulent company posing as the Swiss Investment Corporation, an FCA-authorized firm offering crypto investments, and another company that is a clone of Goldman Sachs, the regulator announced on June […]
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Most of the top 20 cryptocurrencies are reporting moderate losses on the day as bitcoin crossed the $8,400 mark for the second time today. Friday, June 14 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) crossed the $8,400 mark again after breaching it […]
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Spanish law enforcement arrested 35 people for allegedly counterfeiting banking cards and laundering the proceeds through bitcoin. Spanish law enforcement arrested 35 people for allegedly counterfeiting banking cards and laundering the proceeds through bitcoin (BTC), local media La Verdad reports on June 14. Per the report, the organization obtained over €600,000 ($674,000) and laundered over […]
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Traditional assets saw broad losses with few exceptions, with Chinese uncertainty potentially contributing to bitcoin’s price rise. Bitcoin (BTC) vastly outperformed traditional wealth preservation assets during the United States–China trade war, American digital asset manager Grayscale confirmed in research published on June 11. Updating “Hedging Global Liquidity Risk with Bitcoin” — a report originally from […]
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Europol is hosting its 6th cryptocurrency conference with over 300 crypto experts from law enforcement and the private sector. Europol — the law enforcement agency of the European Union — is hosting its sixth cryptocurrency conference, with over 300 crypto experts from law enforcement and the private sector reportedly in attendance. The news was revealed […]
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Binance’s updated terms of use notably includes a restriction of services to U.S.-based individual and corporate traders. Major crypto exchange Binance announced today, June 14, that it has updated its terms of use, which notably includes a restriction of services to United States-based individual and corporate traders. The restriction follows yesterday’s news that the company […]
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Russia may join a list of countries with an offshore crypto zone with a plan to build its own on an island. Last week, Russian officials revealed plans to build a major financial center on an island in the Far East, which would cater to cryptocurrencies, among other things. Notably, the creation of special economic […]
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Top cryptocurrencies have made minor gains on the day, and are mostly trading sideways. Thursday, June 13 — Top cryptocurrencies bitcoin (BTC), ether (ETH), and ripple (XRP) are all still in the green, seeing minor gains since yesterday. The market as a whole is mostly trading sideways. Market visualization. Source: Coin360 Bitcoin broke $8,300 today, […]
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In its new technical analysis, market research company Fundstrat Global Advisors says that it is time to buy cryptocurrencies. In its new technical analysis, market research company Fundstrat Global Advisors says that cryptocurrencies are poised to make further gains, Bloomberg reported on June 13. Per the analysis, most digital currencies are trending upwards as relative-strength-index […]
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Stockholm-based digital gift cards and mobile phone refill provider Bitrefill raised $2 million in a seed round led by Coin Ninja. Swedish crypto-powered mobile refill service Bitrefill has closed a seed round of $2 million to expand its services, crypto media outlet The Block reports on June 13. The Stockholm-based company offers mobile service top-ups […]
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