Cryptonews

The Monetary Authority of Singapore has reportedly decided to shut down cryptocurrency automatic teller machines in the city-state. According to Bloomberg, to comply with new regulations issued by the Monetary Authority of Singapore (MAS), Singapore’s … Singapore crypto ATMs shut down after central bank crackdownRead more

The wider cryptocurrency market continued to see choppy, sideways price action on Jan. 17 with Bitcoin (BTC) experiencing a midday dip to $41,650. Across the market, trading volumes remain subdued and U.S. financial markets were … Bitcoin price drops below $42K, but analysts still expect ‘one more impulse’ moveRead more

Throughout 2021, the Brazilian cryptocurrency market managed to distance itself from the police pages and finally win acceptance with the general public, whether in the financial market or even in the greatest national passion: soccer. … 2021: A year of mass adoption for cryptocurrencies in BrazilRead more

Established VC firms are now realizing that crypto is the next great wave of tech. Investors will be focused largely on projects operating within the metaverse, Web 3, DeFi, NFT, and gaming sub-sectors. Current metaverse-related … Crypto Fundraising in 2022: More VC, Metaverse, Gaming, and Regulatory QuestionsRead more

Source: Adobe/SL-Photography The Bolivian central bank has moved to “ban” the use of crypto in the nation – and has issued warnings about what it perceives to be the “risks” involved with investing in cryptoassets … Bolivian Central Bank ‘Bans’ Crypto, Says Tokens ‘Have No Place in Domestic Market’Read more

Another domino is lined up to fall down the route to Bitcoinization. On Wednesday, a former lawmaker of the Pacific island nation of Tonga shared a play-by-play approach to adopting Bitcoin (BTC) as legal tender. … Tonga to copy El Salvador’s bill making Bitcoin legal tender, says former MPRead more

Bitcoin bull and founder of Edelman Financial Engines Ric Edelman has made some promising predictions about the future of the seminal cryptocurrency. In an interview on CNBC program ETF Edge on Jan. 10, Edelman said: … A third of Americans to buy Bitcoin by end of 2022, says Ric EdelmanRead more

Bitcoin (BTC) fell slightly into the Wall Street open on Jan. 11 after the largest cryptocurrency failed to crack resistance above $42,000, but fresh comments from U.S. Federal Reserve chair Jerome Powell appear to be … Bitcoin price surges to $43K, but traders warn that ‘real pain’ is due for altcoinsRead more

China is teasing the launch of its digital yuan again, riding a wave of adoption with just weeks to go until the Winter Olympics in Beijing – the event the government hopes will finally allow … Chinese App Marketplaces Report Massive Growth in Digital Yuan Wallet DownloadsRead more

Bitcoin (BTC) may end up falling to as low as $30,000 if the U.S. inflation data to be released on Wednesday comes any higher than forecasted, warns Alex Krüger, founder of Aike Capital, a New … Bitcoin crash ahead? Expert warns higher inflation could whip BTC price to $30KRead more

Bitcoin (BTC) formed a trading pattern on Jan. 8 that is widely watched by traditional chartists for its ability to anticipate further losses. In detail, the cryptocurrency’s 50-day exponential moving average (50-day EMA) fell below … Will this time be different? Bitcoin eyes drop to $35K as BTC price paints ‘death cross’Read more

South Korean investors are “finding it hard to resist the allure of crypto,” while a number of leading domestic securities firms have suddenly started producing reports on the sector – indicating that fund managers may … Major South Korean Securities Firms, Investors Warming to CryptoRead more