Brazil's Supreme Court threatens to suspend X by Aug. 29

Bitcoin (BTC) fell below $29,000 into April 20 as bulls faced a battle for ground reclaimed in March.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWill $30,000 become Bitcoin's latest "Bart Simpson"?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD heading to $28,800 on Bitstamp.Earlier wicks below $28,600 were quickly bought up, but Bitcoin still threatened to…

The price of Bitcoin (BTC) dropped sharply from $37,800 to $35,000 overnight, liquidating $572 million worth of cryptocurrency futures positions.There are three major reasons why the price of Bitcoin declined steeply in the past 12 hours. The reasons are an overheated derivatives market, growing doubt in the market, and the lack of upside volatility.BTC/USD 15-minute…

The Japan Virtual Currency Exchange Association (JVCEA) — the official self-regulatory organization for the crypto industry in Japan — announced on Mar. 2 that three additional companies have just registered as second-class members.Coinbase, Digital Asset Markets, and the Tokyo Hash have registered as reported by the JVCEA. Second-class members with the agency can be registered…

King Charles announced the bill in May to both houses of the U.K. Parliament, saying it was aimed at tackling illicit finance, reducing economic crime and helping businesses grow. 484 Total views 18 Total shares The government of the United Kingdom has introduced a bill aimed at cracking down on money laundering and fraud, specifically…

Chinese economist says signs have shown 2020 is an important year for integrating blockchain within all industries. 1442 Total views 26 Total shares The Tencent blockchain accelerator entry contest was held recently in Shenzhen China. Its theme concerned “blockchain industry and ecological co construction".According to the local news on July 2, Professor Zhu Jiaming, former…

The excitement surrounding Web3 is palpable — and undeniable. Projects are flooding into the space to build cutting-edge versions of the sites and apps served up by centralized Web2 rivals, covering every sector imaginable.But at this point, it's worth taking a step back and reflecting on the challenges that the Web3 world still needs to…

Arbitrum suffered a big blow during the April 1 to April 2 weekend due to a conflict between the ARB token holders and the Arbitrum Foundation on the allocation of $750 million ARB tokens worth around $900 million.Data from on-chain analysis firm Arkham Intelligence shows that the transfer of $50.5 million out of the disputed…

According to Barney Frank, Signature Bank’s only issue prior to regulators seizing control in March was “crypto-fear-inaccurate withdrawals." 321 Total views 12 Total shares Barney Frank, a former member of the United States House of Representatives and board member of Signature Bank, has pointed fingers at certain members of the public in the wake of…