The chief executive of the United Kingdom’s Financial Conduct Authority, or FCA, said the U.K. government will be working with its counterparts in the United States to address a regulatory framework for cryptocurrencies. In a speech for the Peterson Institute for International Economics on Thursday, FCA chief executive Nikhil Rathi said the U.S. and the…
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Most Bitcoin (BTC) traders would rather see a sharp price correction and a subsequent recovery than agonize for multiple months below $24,000. However, BTC has been doing the opposite since June 14 and its most recent struggle is the asset’s failure to break above the $22,000 resistance. For this reason, most traders are holding back…
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The World Economic Forum (WEF) released a white paper on cyber resilience Thursday in which it introduces the organization’s Cyber Resilience Framework (CRF) and Cyber Resilience Index (CRI). The document, prepared in collaboration with professional services company Accenture, followed the WEF’s Global Cybersecurity Outlook, published in January. The Global Cybersecurity Outlook found that only 55%…
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In the fourth episode of Market Talks, we welcome YouTube media creator and crypto educator Crypto Wendy O. Crypto Wendy O is a YouTube media creator and crypto educator. Wendy became interested in cryptocurrency and blockchain technology in November of 2017. She has been into crypto full-time since the summer of 2018 and focuses on providing…
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Bitcoin (BTC) avoided losses as United States equities dived on the July 14 Wall Street open, but traders remained nervous. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: “No way” Bitcoin bottomed at $17,500 Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it lingered around $20,000 on the day. Wall Street opened with losses,…
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Binance, the cryptocurrency exchange, has recently acquired a virtual asset service provider (VASP) license from the Bank of Spain in order to operate in the country. In its ambitious expansion plans that the cryptocurrency exchange is persisting despite the global jump and market slump in the cryptoverse, there is another country that Binance is looking…
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While Ethereum (ETH) being down almost 40% against Bitcoin (BTC) may give ETH traders some worries, crypto community members on Twitter shared their takes on the possibility of the smart contract platform eventually surpassing the king of crypto assets. On Twitter, the Cointelegraph social team asked the crypto community to share their thoughts on whether…
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Cryptocurrency exchange Bitfinex has donated 36 Bitcoin (BTC) and $600,000 worth of Tether (USDT) to small businesses in El Salvador as part of a broader pledge to support economic development in neighborhoods that have struggled with gang-related violence. The funds are being distributed in the socially-deprived communities of Ilopango, Soyapango and Apopa, where gang violence…
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Despite some level of regulatory uncertainty around cryptocurrency in the Philippines, one platform has recorded a massive influx of Bitcoin (BTC) trading activity recently. Bitcoin trading volumes in the Philippines have been on the rise over the past few months on the major peer-to-peer (P2P) crypto exchange Paxful. According to data from the Bitcoin tracking…
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South Africa’s Reserve Bank is set to begin regulating cryptocurrencies as financial assets in the next 18 months, with exchanges expecting the move to drive adoption in the country. The move to classify cryptocurrencies as financial assets and not currency, has been talked about for some time by the South African Reserve Bank (SARB). Deputy governor…
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