(Cointelegraph) The Central Bank of El Salvador published draft regulations on bitcoin-related services, classifying BTC as a legal tender. The Central Bank, in the two drafts released on August 17,…
(PlanB) Plan B’s Bitcoin stock-to-flow pricing model shows that the cryptocurrency’s bull market is far from over. Plan B, which is the architect of the model, pointed out that the…
(Global Times) China’s central bank in Shenzhen branch is targeting 11 new companies which it suspects are engaging in illegal cryptocurrency activities. The Shenzhen branch identified a domestic financial website…
Australian dollar weakness persists amid COVID-19 concerns.New Zealand dollar trying to fend off dollar strength.Gold upward momentum gathering pace after bounce back.Bitcoin and Ethereum look bullish above crucial resistance levels.…
Dollar strengthens across the board after solid NFP reportEuro weakness against the dollar and British pound persistsOil prices tank below $70 a barrel level on demand concernsBitcoin and Ethereum bounce…
(Cointelegraph) The crypto fraternity is against a new tax amendment backed by the White House on the U.S. infrastructure plan calling for strict reporting requirements by developers and validators. The…
(Cointelegraph) Singapore has granted the Independent Reserve, an Australian crypto exchange, an “in-principle approval” to operate as a regulated virtual asset service provider. The approval by the Monetary Authority of…
(Cryptoslate) The Bank of America is supporting El Salvador’s Bitcoin bill that aims to make the digital currency a legal tender by noting key benefits in the move. BofA says…
BTCUSD struggling to power through $40,000Japanese yen shrugs off dollar strengthBritish pound pilling pressure on euroOil prices rising amid high demand in the US Bitcoin's upward momentum is facing strong…
(Bloomberg) German will, from Monday, start allowing institutional funds to allocate as much as 20% of their holdings in cryptocurrencies. The so-called Spezialfonds will be allowed to hold the crypto…
(Bloomberg) The trading volumes of Ether on Coinbase in the first half of this year grew at 1,461% compared to Bitcoin’s 489% from the same period last year. Ether’s trading…
(IMF) The IMF says central banks face a dilemma on how to proceed in adoption of digital forms of money, warning that tough choices must be made. IMF says policy…