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“# Crypto investments a financial backup for Facebook whistleblower ” Frances Haugen, a former Facebook employee turned whistleblower, revealed that her refuge in Puerto Rico is currently being supported by an auspiciously timed cryptocurrency investment. Haugen worked as a Facebook product manager before accusing the company of spreading controversial and insensitive misinformation. She allegedly possesses…
“# Russia does ‘absolutely nothing’ to regulate crypto, RACIB head says ” Despite Russia adopting its first cryptocurrency law in January 2021, the country’s cryptocurrency market is still largely unregulated and is associated with a lot of uncertainty, according to a local industry advocate. Yury Pripachkin, head of the Russian Association of Cryptoeconomics, Artificial Intelligence…
“# BTC price ‘on the way to $90K’ — 5 things to watch in Bitcoin this wekk ” Bitcoin (BTC) launches into a new week determined to keep $60,000 as support — despite new all-time highs failing to last. After a classic Sunday dip, bulls regained control and have managed to keep BTC/USD clear of…
“# Is excessive bullish optimism behind Bitcoin’s drop below $60K? ” Bitcoin (BTC) has a long history of forming local tops when events that are anticipated by the market occur. The recent Bitcoin exchange-traded fund (ETF) launch on Oct. 19 was no different and led to a 53% monthly rally to an all-time high at…
“# Top 5 cryptocurrencies to watch this week: BTC, SOL, AVAX, ALGO, AXS ” Bitcoin (BTC) continues to face strong selling as bulls attempt to flip the psychological level at $60,000 into support. Some analysts believe that Bitcoin could enter a correction as traders book profits following the successful launch of last week’s Bitcoin exchange-traded…
“# OTC crypto shops flood Hong Kong, but regulations may impact their presence ” Hong Kong, one of the most significant and leading financial centers in the world, has played a large role in the development of cryptocurrencies. For instance, the Chinese territory has birthed some of the most established and successful crypto companies to…
“# YouTube channels hacked and rebranded for live-streaming crypto scams ” A new report shared by Google’s Threat Analysis Group (TAG) highlights an ongoing phishing campaign against YouTube creators, typically resulting in the compromise and sale of channels for broadcasting cryptocurrency scams. The TAG attributes the attacks to a group of hackers recruited in a…
“# What has been standing in the way of a pure-Bitcoin ETF? ” With regulatory bodies rumored to soon accept a pure Bitcoin (BTC)-backed exchange-traded fund, it is important to understand the journey of some of the first crypto-based ETFs that have recently been approved by government agencies. The United States Securities and Exchange Commission…
“# Bitcoin ‘still bullish’ even if BTC price drops to $50K — analysis ” Bitcoin (BTC) can return to $50,000 and still not violate an overall “bullish thesis” after breaking all-time highs, fresh research argues. In its latest market update on Oct. 22, crypto trading platform Decentrader argued that after hitting and retracing from $67,000,…
“# Wall Street jinx? Traders weight ‘sell the news’ potential after Bitcoin ETF launch ” Wall Street opened its doors for the first Bitcoin (BTC) exchange-traded fund (ETF) on Oct. 19, with the listing of ProShares Bitcoin Strategy (BITO) on the New York Stock Exchange. The fund attracted more than $1 billion in trading volume on…