Could a financial crisis end crypto’s bull run?

The United Arab Emirates (UAE) has been the world’s biggest contributor to crypto token sales so far this year, according to data recently released by CoinSchedule.More than 25% of funds raised since the start of 2019 — $210.5 million — have come from the Gulf nation.The Cayman Islands came second with $103.8 million, with Singapore…

Bill Hughes, Consensys’ senior counsel and director of global regulatory matters, spoke to Cointelegraph at Consensus 2024 in Texas on the status of its lawsuit against the SEC.

Recent amendments to India’s Companies Act will see firms in the country include their crypto involvement in all public financial reporting. 813 Total views 21 Total shares While the legal status of cryptocurrencies remains undecided in India, companies in the country involved in virtual assets must now report their activities as part of their financial…

According to data from CryptoQuant, the total amount of Bitcoin (BTC) held in exchange reserves dropped from 2.8 million BTC in October 2019 to 2.4 million. Analysts believe that this steady decline in reserves means retail traders and whales may be accumulating Bitcoin as they expect prices to rise in the future.Even though Bitcoin is…

Bitcoin has never managed a weekly close above $60,000, and failing to do so again risks a reversal downhill, a new warning says. 68 Total views 2 Total shares Bitcoin (BTC) challenged brand-new support levels on Oct. 14 after overnight successes took the market past $58,000 BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin "dips" to near…

A fintech company is taking on the retail trading industry and giving crypto owners the opportunity to use digital currencies as collateral and to trade across markets with fiat funds — avoiding any commissions or fees.Quantfury says its mission is to make the markets “absolutely transparent and fair” while giving crypto enthusiasts an opportunity to…

The Philippine central bank has confirmed in a virtual briefing that it has formed a committee to look into issuing a digital currency. 977 Total views 13 Total shares The Philippines has become the latest country to look at the possibility of releasing its own central bank digital currency, or CBDC.According to a report by…

Bitcoin traders are eyeing $68,000 if it can stay above $64,000, a level it has struggled to hold above for 20 days.