Cointelegraph.com News

Cointelegraph.com News


High-ranking crime fighter to join UK’s FCA as payments and digital assets director

Posted: 05 Jul 2022 03:15 PM PDT

The Financial Conduct Authority is introducing the post of digital assets director as part of a hiring spree that goes along with its new, more assertive strategy.

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Core Scientific sold $167M worth of Bitcoin holdings in June

Posted: 05 Jul 2022 02:56 PM PDT

The sale left the firm with ​​1,959 BTC at the end of the second quarter, a more than 75% drop when compared with its reported 8,058 BTC holdings as of May 31.

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Bitcoin price swings 7.5% during intraday trading as US recession concerns mount

Posted: 05 Jul 2022 02:46 PM PDT

BTC bounces back to reclaim support at $20,400 after hitting a daily low of $19,309 on July 5, as bulls battle bears for control of the market.

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Bitcoin exchange outflows surge as 'not your keys, not your crypto' comes back into fashion

Posted: 05 Jul 2022 02:32 PM PDT

June saw the worst monthly performance for Bitcoin since 2011, but several metrics indicate that its underlying support base continues to grow stronger.

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Italian government will provide $46 million in subsidies for blockchain projects

Posted: 05 Jul 2022 12:30 PM PDT

All companies developing IoT, AI or blockchain technology will be eligible to apply for government subsidies provided the funds will be used in specific sectors, such as health.

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US Commerce Dept. asks digital asset industry for input on competitiveness framework

Posted: 05 Jul 2022 11:45 AM PDT

The federal agency received eight responses to a request for comment on a document mandated by U.S. President Joe Biden's March 9 executive order on digital assets.

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eToro to terminate $10B SPAC merger in mutual agreement with acquisition firm

Posted: 05 Jul 2022 11:00 AM PDT

The firm is reportedly seeking a new funding round that would infuse with more cash at a 50% lower valuation than one year ago.

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With the bear market in full throttle, crypto derivatives retain their popularity

Posted: 05 Jul 2022 10:15 AM PDT

"Derivatives provide opportunities to protect their portfolios during times of heightened market volatility," says Emerson Li, brand lead at BingX.

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Crypto market volatility shows need for 'enhanced regulatory and law enforcement frameworks' — BoE

Posted: 05 Jul 2022 09:30 AM PDT

The central bank said the growth of the crypto market did not pose an "immediate threat" to the United Kingdom's financial system, but had the potential to do so in the future.

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Bitcoin faces fresh pressure as US dollar crushes gold, risk assets

Posted: 05 Jul 2022 07:32 AM PDT

BTC/USD falls $1,000 while spot gold gives up 2% as USD strength intensifies, beating the year's previous peaks.

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Russians banned from accessing Bitmex within European Union

Posted: 05 Jul 2022 07:01 AM PDT

Russian citizens or residents will no longer be able to access BitMEX services from the European Union after July 11, 2022.

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Liquid markets are healthy markets, says Kairon Labs co-founder

Posted: 05 Jul 2022 06:14 AM PDT

Market making is a profession that has been around since the early 1980s, many crypto market makers come from backgrounds of traditional finance.

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Lamborghini-backed GT racing team to authenticate car parts using NFTs

Posted: 05 Jul 2022 06:04 AM PDT

Former racing champion Vincenzo Sospiri said that this will allow them to monitor and ensure the quality of their car parts.

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