Tough Choices Must be Made by Central Banks in the Era of Digital Money-IMF
(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…
Almost Half of Singaporeans Have Crypto Investments – Survey
(Cointelegraph) A survey by the Independent Reserve Cryptocurrency Index involving 1,000 Singaporeans has revealed that 43% of individuals own crypto assets. The survey happens amid continued uptake of crypto by…
Crypto Turns Bullish on Rumours: Amazon May Accept Payments in BTC
(Cointelegraph) Bitcoin rose by as much as 10% on Monday on news that retail giant Amazon plans to accept it as a means of payment by the end of this…
Multi-Asset Analysis: Bitcoin Tanks Below $30,000 As Sell-Off Persists Amid Stock Market Rout
Bitcoin falls below $30,000, sell-off persistsNew Zealand dollar drops to nine months lows against the dollarEuro strengthens against pound EURGBP above 0.8600Gold holding form against the dollarUS stocks under pressure,…
The UK Steps up Crypto Crackdown with Foreign Gathering of Customer Data
(Decrypt) UK tax authority is stepping up the crypto crackdown by gathering customer data from home and overseas exchanges. The tax authority, Her Majesty’s Revenue, and Customs is already requesting…
Bitcoin a Gold Substitute? Former Treasury’s Mnuchin Thinks So after Criticisms
(Cointelegraph) US Treasury Secretary under President Donald Trump, Steven Mnuchin, has expressed support for Bitcoin as a substitute to gold. Mnuchin says the technology behind blockchain is incredible and people…
BTCUSD Under Pressure With $30,000 in Focus As Gold Bounce Back Continues
BTCUSD is trading in a tight trading range but with a bearish bias.EURUSD has bounced back following dovish sentiments by the Fed chair.EURGBP has bounced off three months, shrugging off…
Crypto Exchanges Trading Volume Down More Than 40% – CryptoCompare
(CryptoCompare) Cryptocurrency exchanges have witnessed more than 40% slump in trading volumes in June digital tokens. Traders were cautious of China’s crackdown and lower volatilities. Spot trading volumes declined by…
SEC Reveals a Joint Bitcoin ETF by Cathie Wood’s Ark Invest and 21Shares
(SEC Filing) Cathie Wood’s Ark Invest is partnering with ETF provider 21Shares to establish a Bitcoin exchange-traded fund. The Bitcoin ETF, ARK 21Shares, will track the S&P Bitcoin index and…
BTC/USD Tanks Below $30,000 As Oil Prices Rally To 2-Year Highs
Bitcoin is under pressure amid heightened trading and mining crackdown in China.EUR/USD bounce back has stalled amid a resurgent dollar.Oil prices rally past the $75 is attracting strong resistance amid…
BTC Regains Some Ground from a Two-Week Low Fueled by China’s Crackdown
Bitcoin traded at $33,000 level after surging about 4.50% on Tuesday, a day after the digital token experienced sell-offs, plunging at least 10%. Bitcoin’s Monday sell offs were fueled by…
Miami Rolls Out Red Carpet for Chinese Bitcoin Miners
(CNBC) Miami is courting Bitcoin miners to transfer from China by offering lower electricity costs sourced from nuclear energy. Mayor Francis Suarez said Miami will compete to host Bitcoin miners…