JPMorgan conducted an e-trading survey that involved 835 institutional traders from 60 locations. The survey aimed to get the views of traders regarding upcoming trends and hotly debated topics. The questions were not crypto-specific but rather aimed to get an…
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Bitcoin Plummets below $22,000 with ECB and SEC Press Release
The European Central bank raised interest rates by 50 basis points which mean 0.50%, effective from February 8th as per confirmed in the ECB press release earlier this week. This week Bitcoin closed in red loosing 7% of its value…
BlackRock CEO Says the Next Trend For Markets Will Be Tokenization
BlackRock has joined a growing list of companies that support the tokenization of securities, despite the CEO’s general skepticism regarding the industry. The next generation of markets and securities, according to BlackRock CEO Larry Fink, “will be tokenization of securities.”…
China Has A $3.9 Billion Bitcoin Stash Despite Hostile Crypto Stance
The Chinese government is a crypto whale, according to Ki Young Ju, co-founder of CryptoQuant, despite its hostile stance toward the sector. Young Ju claims that China has seized $6 billion worth of cryptocurrencies from the PlusToken scam in 2019,…
Vietnam & Philippines, Emerging Economies Lead Crypto Adoption – Chainalysis
According to The 2022 Geography of Cryptocurrency Report, a study done by Chainalysis, emerging economies are leading in crypto adoption. Ten of the top twenty countries are classified as lower middle income and eight are upper middle income. The study…
Crypto Sanctions Are a Form of Digital Fascism, Says a Russian Regulator
One of Russia’s top regulators believes that the sanctions relating to cryptocurrencies that have been placed on the nation and its people are an example of “digital fascism.” The remarks follow the latest round of sanctions imposed on Russia by…
Kraken Becomes Latest Crypto Exchange to Ban Russian Users
In accordance with penalties imposed by the European Union, Kraken is the most recent cryptocurrency exchange to block accounts of Russian users on its site. Kraken informed its Russian clients via email on October 19 that the exchange is discontinuing…
EU Sanctions Get Russian Journalists and Activists Kicked Off Crypto Exchanges
Russian users of the cryptocurrency exchanges LocalBitcoins, Crypto.com, and Blockchain.com have been advised to withdraw money from their accounts as services will soon be halted for them. Fresh Set Of Sanctions The European Commission last week issued a fresh set…
October Already the Biggest Month In Crypto Hacks According to Chainalysis
According to Chainalysis, 2022 could “definitely” break the record, even though 2021 was the greatest year ever for cryptocurrency breaches. $718 Million Stolen In October According to Chainalysis, the overall worth of the hacks in October 2022 was close to…
DOJ announces New Anti-Crypto Crime Enforcement Framework
As more and more firms continue to gradually embrace Blockchain technology, there is caution over criminal practices by some malicious actors in the space. The U.S Department of Justice and attorney general Bill Barr announced the public release of a…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
