Beijing threw down the gauntlet to make it painfully clear it would no longer tolerate cryptocurrency transactions, no matter how innocuous The move suggests that Beijing intends to attack the “cryptocurrency problem” from all angles, from law enforcement to monitoring internet traffic That Beijing has always had it in for cryptocurrencies is no big […]
U.S. Treasury Department imposes sanctions on cryptocurrency exchange Unclear if the sanctions will have any discernible effect on the activity of the offshore entity It’s no big secret that centralized exchanges remain one of the biggest targets for authorities looking to stem illicit flows or crackdown on money laundering allegedly facilitated by cryptocurrencies. […]
Cryptocurrency exchange Coinbase Global abandons its cryptocurrency lending product Buckling to regulatory pressure Coinbase Global may serve as a warning to other fintech innovators to walk in the shadows as opposed to cooperating with regulators “I fought the law and the law won.” – “I Fought the Law” by Sonny Curtis and the […]
Landlocked Laos is looking to start cryptocurrency mining within its territory to take advantage of its abundant hydropower Heavily-indebted Laos is looking for new sources of revenue and embrace of cryptocurrency mining and trading comes just a month after the central bank issued warnings about the sector Known as the land of a thousand […]
Cryptocurrency hedge funds deliver strong returns over the past year and this year Traditional hedge funds are being forced to explore the sector as returns in other asset classes taper Dissatisfied with your stock picker’s returns? How about a cryptocurrency hedge fund instead? Given the strong pace of gains from the likes of […]
“Safe trade” in listed crypto-related companies turns sour Reason bearish turn exposes investors in crypto stocks with much of the downside risk, with a capped upside as opposed to delving in the underlying asset itself Bitcoin too volatile for your portfolio? Don’t know the difference between Ethereum and Ethereum Classic? For many […]
The U.S. Securities and Exchange Commission has warned Coinbase that it will sue the cryptocurrency exchange if it launches a new digital asset lending product But the SEC moves could have the deleterious effect of pushing cryptocurrency exchanges offshore and it’s unclear what the ultimate goal of the regulator is The U.S. Securities and […]
Bitcoin is undergoing the biggest test in its 12-year history as El Salvador becomes the first country to adopt it as legal tender Tuesday. El Salvador bought some 400 Bitcoins ahead of the roll-out, with a market value of just US$20 million at current prices, but has plans to buy more of them. Like […]
Weekend rally in Ether pulls along other smart-contract leaning cryptocurrencies like Solana Upside for Ether remains strong as developments and use cases continue to increase Blink and you’d have missed it, but for a brief moment early Saturday morning Asia time, the world’s second largest cryptocurrency by market cap cleared a major technical level […]
Altcoins rise faster than incumbent Bitcoin and Ethereum as investors go in search of the next big thing Excess liquidity, speculation and different economic narratives are all seeing a demand for cryptocurrencies outside of the mainstream few Always the bridesmaid, never the bride. For holders of so-called altcoins, cryptocurrencies that are not Bitcoin […]