April 19, 2021 Did a massive Chinese power outage cause Bitcoin’s crash down to $50k? On-chain analyst Willy Woo argues a massive power outage in Chinese mining hub Xinjiang drove Bitcoin’s violent crash down to $50,000. Woo noted reports…
April 19, 2021 ASIC calls for closer engagement, but crypto industry says rules are unclear Australia’s securities regulator wants crypto firms to work closely with it, but industry executives are unsure of their obligations. The Australia Securities and Investments…
April 18, 2021 Crypto users demand reinstatement of Pakistani government adviser following sudden resignation Zia Ullah Bangash’s potential departure from an important role in facilitating Pakistan’s regulatory environment for crypto had many threatening to withhold votes and demanding…
April 18, 2021 Dogecoin, CryptoCurrency Reddit communities surge as crypto euphoria heats up The subreddits for Dogecoin and CryptoCurrency added a combined 232,697 subscribers last week, far outpacing the growth of all other communities. With much of…
April 18, 2021 Top 5 cryptocurrencies to watch this week: BTC, VET, SOL, EOS, FTT The bulls are trying to stabilize Bitcoin price and if they succeed, VET, SOL, EOS and FTT could quickly bounce back to their local…
April 18, 2021 China is studying crypto as an investment tool, says PBoC deputy governor The central bank official said stablecoins issued by private companies may require “stronger regulatory rules” than Bitcoin. Li Bo, recently appointed deputy governor of…
April 18, 2021 Peak fear? Bitcoin funding rates crash to lowest levels in 7 months The funding rate of Bitcoin dropped to a level unseen since September 2020, signaling fear in the market. The funding rate of Bitcoin (BTC)…
April 18, 2021 More IRS summonses for crypto exchange account holders The recent John Doe summons developments indicate that the IRS is seriously interested in crypto — better to report than to be audited. The…
April 18, 2021 SEC loses a battle to win the war? Ripple dissociates from pumping XRP While the defendants may have gained an edge in pre-trial rulings in SEC v. Ripple Labs, are Ripple’s legal troubles now over? When the…
April 18, 2021 A nightmare on Stable Street: Centralized stablecoins may be doomed Central banks are paying very close attention to stablecoins, seeking to control them — and decentralization may be the solution. Over the last couple…