Stakeholders urge Nigeria to adopt compliance-focused crypto regulation
While the government’s concerns are valid, industry stakeholders agree that a more measured approach could yield better outcomes.
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80 Firms Including MasterCard, Coinbase Spent $42 Mln Lobbying Crypto, Fintech Issues in Q1
Around 40 entities lobbied for bitcoin (BTC) and blockchain-related causes in the United States in Q1 2019, political news site Roll Call reported on April 30.Citing data from the Federal Electoral Commission, the publication stated that around half of the 80 lobbying entities included cryptocurrency-related items, with total quarterly lobbying expenditure reaching over $42 million.Among…

Philippine Stock Exchange wants to launch local crypto markets first
The Philippine Stock Exchange is waiting for the local SEC to issue guidelines for crypto trading. The Philippine Stock Exchange (PSE) is aiming to be first in line when financial regulators give the green light for crypto asset trading in the country.On Friday, July 2, CNN reported that PSE president and CEO Ramon Monzon said…

US Bitcoin miners hodl in expectation of BTC price rises
US mining firms are confounding pre-halving expectations by hodling the BTC they mine.

Berkeley Blockchain Incubator Welcomes Startup Fighting COVID-19
The Berkeley Blockchain Xcelerator, an incubator program for distributed ledger technology, or DLT, startups run out of UC Berkeley, has welcomed Snark Health into its spring cohort.Snark Health seeks to combat COVID-19 by “building a framework for data-driven discussions and shared learnings” to enable the “rapid dissemination of information to improve patient outcomes.”Health startup fighting…

Bitcoin’s $50K resistance to become support in Q4 — Bloomberg commodity strategist
BTC price surged toward $55,000 on Wednesday even as traditional risk assets such as stocks tumbled and the dollar rose. 1170 Total views 17 Total shares Bitcoin’s (BTC) meteoric rise above $50,000 this week is likely to continue well into the fourth quarter, as the psychological resistance flips to support during the next leg of…

Tether Bank Statements ‘Suggest’ Company Has Full Fiat Reserves: Bloomberg
Cryptocurrency stablecoin Tether (USDT) really does have fiat reserves equal to the value of tokens in circulation, Bloomberg claimed in a report today, Dec. 18.Citing “bank statements” it had “reviewed,” the publication became the latest source to add fuel to the controversy surrounding Tether, which has raged online since a series of legal tussles and…

Bitcoin erases latest gains with BTC price back below $20K as dollar spikes
Bitcoin (BTC) fell back below $20,000 after the Aug. 30 Wall Street open as data showed hodlers selling at a loss.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewJune lows look increasingly attractiveData from Cointelegraph Markets Pro and TradingView captured the latest dive below the 2017 bull market peak for BTC/USD, with United States equities dropping in…

Tezos (XTZ) & Chainlink (LINK) Prices Slide 10% — More Pain or Buy the Dip?
The most energetic performers from the past period, Tezos (XTZ) and Chainlink (LINK), are now showing a heavy retracement. Tezos corrected 32% since its local high at $3.96, while Chainlink also corrected 25% since reaching a top at $4.87. Do the current pullbacks provide buy the dip opportunities, or will the altcoins slide further in the…