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“# Price analysis 3/10: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, BCH ” Long-term investors use dips in a strong uptrend to buy while short-term investors are fixated on calling a top. In the past few days, data from Glassnode has shown significantly sized Bitcoin (BTC) outflows from Coinbase exchange, which is a…
“# 3 key Bitcoin price metrics signal this ‘healthy’ rally has room to run ” After hitting a $43,000 local low on Feb. 28, Bitcoin (BTC) price rallied 28% to retake the $57,000 level on Mar. 10. As the Feb. 21 to Feb. 23 massive $5.9 billion liquidations caused by excessive long leverage seem long…
“# Korean crypto exchanges could soon face fines for gaps in due diligence measures ” South Korean crypto exchanges that don’t take extensive data collection and identity verification measures could soon be subject to heavy fines. According to an official announcement Wednesday, South Korea’s Financial Services Commission has come up with a revised proposal for…
“# BlockFi users targeted in ‘racist and vulgar’ email attack ” This week’s temporary closure of registrations for crypto lending and borrowing app BlockFi was due to an attack by a “malicious actor” according to Forbes. According to employees of the company, a single attacker began the registration process for more 1,000 fake accounts on…
“# Gemini crypto exchange sponsoring the Oxford-Cambridge boat race ” Tyler and Cameron Winklevoss, co-founders of the Gemini cryptocurrency exchange and former olympian rowers, will be sponsoring the 2021 Oxford-Cambridge Boat Race. In an announcement from Gemini today, the Winklevoss twins said the crypto exchange would be the principal sponsor for this year’s boat race…
“# Reserve Rights (RSR) gains 300% as stablecoins gain regulatory approval ” Non-fungible tokens and high-yielding decentralized finance platforms have been the focus of attention in the cryptocurrency sector for the past few months. This intense focus on NFTs, DeFi and Bitcoin’s price action means that some investors have glossed over the fact that it…
“# Bybit appoints new general counsel to lead global cryptocurrency compliance ” Cryptocurrency derivatives exchange Bybit has appointed a new general counsel to lead the firm in its global compliance matters, and to oversee its legal team. Daniel Lim, formerly head of legal and compliance for the Singapore-based investment bank, Daiwa Capital Markets, was announced…
“# Huobi and Seychelles regulators can’t agree on where the exchange is registered ” Disclaimer: This article’s headline was updated to reflect new information regarding the FSA’s statement. Despite long claiming to be compliant with local laws, Huobi has not registered with the proper authorities, according to regulators in the Seychelles. On Monday, the Seychelles…
“# South African crypto firms warn opaque regulations are harming the industry ” South African crypto firms are threatening to move abroad if local lawmakers are unable to provide regulatory clarity to its domestic digital asset industry. Speaking to Bloomberg, Sean Sanders, the CEO of local crypto investment platform Revix — who plan to relocate…
“# Chiliz (CHZ) rallies 60% to a $1B market cap as fan token offerings expand ” Non-fungible tokens and decentralized finance are two of the hottest concepts in the crypto sector and each is altering the way projects and companies interact with the public on a wide scale. One project that is looking to apply…