Strategy's Michael Saylor posts BTC chart after one-week break
Data from SaylorTracker shows that Strategy is currently sitting on nearly $15 billion of unrealized gains on its Bitcoin holdings.
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UK FCA buys another 9 months to review crypto companies’ registrations
The Temporary Registrations Regime's end date for crypto companies has been pushed to March 2022. The United Kingdom’s Financial Conduct Authority (FCA) has extended the end date of crypto-asset companies’ temporary registration from July 2021 to March 2022.The Temporary Registrations Regime, or TRR, was established last year to enable crypto businesses to continue trading while…

3 key reasons why Polkastarter (POLS) price rallied 500% since December
Polkastarter (POLS) is a cross-chain token pool and auction protocol built on the Polkadot (DOT) blockchain. It launched in October of 2020 as a way for projects to raise capital in a decentralized environment and since January the token has rallied 500% to a new high at $1.78.Three possible reasons for the recent growth of…

Grant Thornton Moves Intercompany Transactions to EOSIO
Accounting firm Grant Thornton will record intercompany transactions for its clients on the EOSIO blockchain, capturing a small slice of an area worth $40 trillion annually. 747 Total views 31 Total shares Major U.S. accounting firm Grant Thornton is moving all of its clients’ intercompany transactions to the EOSIO network.Grant Thornton’s new inter.x platform uses…

Hong Kong and UAE central banks collab on crypto rules, fintech development
The two central banks are aiming to align their financial service sectors and said both share “many complementary strengths.” Hong Kong and the United Arab Emirates' (UAE) central banks are looking to collaborate on cryptocurrency regulations and financial technology development.On May 30, the Hong Kong Monetary Authority (HKMA) said it met with its counterparts at…

What Halving? 2 Factors Making Some Analysts Turn Bearish on Bitcoin
As the Bitcoin price dropped to sub-$7,000, technical analysts pointed out that BTC broke down from a crucial trendline dating back to March 16. While markets signal for short-term relief, traders foresee a severe pullback occurring for two key reasons despite less than three weeks remaining before the much-anticipated Bitcoin halving.The two compelling cases for…

Ethereum Foundation pledges $1.25M to Tornado Cash developer’s defense
The Ethereum Foundation has donated $1.25 million to support Tornado Cash developer Alexey Pertsev’s legal defense as he prepares to appeal his money laundering conviction in the Netherlands.

Terraform, Do Kwon to reach fraud settlement with SEC
Terraform Labs and CEO Do Kwon are finalizing a settlement with the SEC. Both parties are expected to submit the final terms for court approval by mid-June.

Crypto population doubled to over 200M users since January, report says
It only took four months for the crypto population to almost double from 106 million in February to 203 million in May, according to a new Crypto.com report. 358 Total views 90 Total shares Cryptocurrency adoption has seen an accelerated growth this year, with the global crypto population doubling since January, according to a new…