Stock sell-off tanks Bitcoin price, but traders expect a bounce near $42K
Fear over the Evergrande situation weighed heavily on equities markets and Bitcoin price, leading traders to expect a bounce in the $42,000 to $38,000 zone.
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FTX crypto exchange expands to Bahamas with new registration
Sam Bankman-Fried’s cryptocurrency exchange FTX plans to establish a “substantial presence” in The Bahamas.
Fortune launches philanthropic fund for journalism on Ethereum
The fund was established on Endaoment, an on-chain nonprofit organization that helps 1.5 million entities accept cryptocurrency donations.
Crypto.com expands insurance program to cover $750M
The insurance policy is one of the largest in the cryptocurrency industry, reflecting heightened demand for consumer protection.
‘We are at war’ with crypto, says Turkish President Erdoğan
The Turkish government’s plans for cryptocurrencies draw a stark contrast to its central bank digital currency intentions.
Ukraine Officials Fail to Account for Millions in Declared Crypto Assets
Personal asset declarations filed by politicians and government officials in Ukraine have indicated that many have made significant investments in cryptocurrency. However, some of them have been unable to prove…
Bank of Russia to ‘Slow Down’ Payments to Crypto Exchanges, Curb Russians’ Impulsive Investments
Central Bank of Russia is now working with commercial banks in order to delay payments made to digital asset exchanges. The move aims to limit “emotional” cryptocurrency purchases made by…
Bitcoin is great, but real crypto innovation has moved elsewhere
Bitcoin will always be the boss, but the real innovative and groundbreaking developments are happening in layer-2 solutions, DAOs, NFTs with utility and the emerging Metaverse.
100 years ago, Henry Ford proposed ‘energy currency’ to replace gold
Bitcoin appears to meet the definition of an energy-backed currency proposed by the famed American inventor during the interbellum period.
American CryptoFed DAO seeks US SEC consent for stable utility tokens
The Wyoming-based digital asset company has filed Form 10 and Form S-1 for registering and trading Locke and Ducat tokens.
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