Bitcoin price must flip $62K to avoid worst ‘death cross’ consequences
Bitcoin is still due to close a daily chart “death cross,” but $62,000 resistance could be key to mitigating the BTC price downside that has followed in the past.
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Huobi imposes 24 hr crypto withdrawal delay to dampen speculation
The exchange's decision aligns squarely with Beijing's ongoing and multi-pronged crackdown on the country's cryptocurrency investors in its attempt to prevent both capital outflows and volatility in the crypto sector. 749 Total views 4 Total shares Huobi Global, currently the world's second-largest crypto exchange by daily traded volume, has introduced a 24-hour token withdrawal delay…

I run a Ledger competitor — but I support them in blow-up over keys
It’s counterintuitive for a CEO to defend a competitor, particularly when that competitor is rolling out a feature similar to one we pioneered years ago. But given the debacle around Ledger’s new “Ledger Recover” feature, it’s time to provide a balanced perspective.The company is under fire for releasing an update to its wallet firmware that…

Hong Kong crypto group warns new law will restrict people’s access to Bitcoin
Crypto proponents in Hong Kong say incoming cryptocurrency regulations could preclude citizens from using Bitcoin ATMs. 1958 Total views 9 Total shares The Bitcoin Association of Hong Kong is appealing to regulators to consider the impact of incoming laws on the city’s digital innovation agenda. In November, Hong Kong’s government announced plans to ban retail…

KuCoin Warns of Impersonator Website Offering Incentives to Deposit Crypto
Impersonation scams continue to permeate the cryptocurrency space. Cryptocurrency exchange KuCoin has issued a warning to users regarding a fraudulent website using its branding in an attempt to steal cryptocurrency.According to the report, posted Aug 19, the website is offering false incentives to entice users to deposit digital assets.It further clarifies that the web address…

Thailand SEC bans crypto payments, seeks disclosure of system failure from exchanges
Since Dec. 2021, the government of Thailand has been working on preparing a new regulatory framework by defining “red lines” for the crypto industry. 181 Total views 36 Total shares In an ongoing effort to carve out a regulated crypto market for the general public, the Thailand Securities and Exchange Commission (SEC) announced a ban…

Philippines SEC begins Binance ban countdown
The head of the Philippines SEC clarified that Binance and any other unregistered exchange issued with an advisory has three months before they are banned from the country. 441 Total views 39 Total shares The Philippines Securities and Exchange Commission head Kelvin Lee clarified in a panel on Dec. 13 that a ban on Binance

LL Cool J and Paul Tudor Jones back $72M crypto fund
The fund has already invested in a number of blockchain projects including Dapper Labs, Axelar and Nori. 970 Total views 7 Total shares Several high-profile figures in finance and entertainment are reportedly backing a new venture capital crypto fund from former Digital Currency Group investor Travis Scher, Silver Lake Partners co-founder Glenn Hutchins, and his…

Binance to terminate Russian ruble deposits next week
Binance Russia users will have slightly more than two months to withdraw their rubles from the exchange or until Jan. 31, 2024. 389 Total views 2 Total shares Cryptocurrency exchange Binance is progressing with its exit from Russia and is preparing to terminate local currency deposits next week.Binance will stop accepting deposits in Russian rubles