India’s PM Calls for Global Action on Crypto

Narendra Modi, crypto, India

Comparing the digital currency to inflation and climate change, Indian Prime Minister Narendra Modi has called for worldwide action on cryptocurrencies. As CoinDesk reported Monday (Jan. 17), Modi made his comments during the annual World Economic Forum Davos conference. “Cryptocurrency is an example of the kind of challenges we are facing as a global family … Read more

TP ICAP To Extend Trades on Crypto Equity Instruments to US ETFs

TP ICAP To Extend Trades on Crypto Equity Instruments to US ETFs

TP ICAP’s digital assets business aims to extend its trades on crypto asset equity instruments to US exchange-traded funds after completing the first trade of this type with Goldman Sachs this month. The interdealer broker and market infrastructure provider’s digital assets business traded German-listed BTCetc, ETC Group’s Physical Bitcoin exchange-traded crypto product, on an outright … Read more

Synchronised global regulation of crypto needed: PM Modi at WEF

PM Narendra Modi

Prime Minister Narendra Modi on Monday called for synchronised global action to regulate cryptocurrencies, at a time when India is contemplating bringing a legislation to regulate such virtual currencies. Speaking at the virtual summit of the World Economic Forum, Modi said that steps taken by one country to regulate cryptocurrencies may not be sufficient, given … Read more

Scam alert: Australia warns of self-managed superannuation funds investing in crypto

Scam alert: Australia warns of self-managed superannuation funds investing in crypto

As a consequence of the spike in scams, ASIC has recently shut down unlicensed financial services business A One Multi Services Pty Ltd, which seems to have received $2.4 million from investors. The Australian Securities and Investment Commission (ASIC) has warned investors of marketing efforts pushing Australians to switch from retail and industry superannuation funds … Read more

Spain moves to rein in crypto-asset advertising

Spain moves to rein in crypto-asset advertising

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 13, 2018. REUTERS/Dado Ruvic/Illustration/Register now for FREE unlimited access to Reuters.comRegisterMADRID, Jan 17 (Reuters) – Spain moved on Monday to regulate rampant advertising of crypto assets, including by social media influencers, tasking the stock … Read more

Bitcoin’s slump could be the start of a ‘crypto winter’ that sees prices crash, UBS says. Here are three reasons why. | Currency News | Financial and Business News

Bitcoin el salvador

UBS said there are a number of challenges that could trigger a crypto winter.Marvin Recinos/Getty Images A growing number of factors suggest a “crypto winter” could be on its way, analysts at UBS have warned. The case for bitcoin as a currency and inflation hedge is dwindling, and its tech has several flaws, they said. … Read more

Bitcoin price news live: Crypto set for ‘interesting week’ as major test approaches

Bitcoin price news live: Crypto set for ‘interesting week’ as major test approaches

Bitcoin remains stubbornly immobile at the start of the week, though some crypto analysts believe it is approaching a moment of reckoning. The cryptocurrency shifted in price by less than 1 per cent over the weekend, remaining above the key $40,000 level but failing to see any significant momentum towards recovering the losses it suffered … Read more

Crypto regulation imminent in SA, say local exchanges

Crypto regulation imminent in SA, say local exchanges

While South African-based crypto exchanges expect digital currencies to continue gaining value in 2022, they also believe more regulation is set to be introduced to the sector this year.The exchanges say price volatility of the crypto assets will persist this year, while trends in the decentralised finance will gather steam.At the tail-end of 2021, some … Read more

Australian football league secures $25M deal with Crypto.com

Australian football league secures $25M deal with Crypto.com

In what comes as the first major crypto sports sponsorship deal down under, the Australia Football League (AFL) has secured a partnership with Crypto.com to back its women’s league (AFLW). The deal is worth close to $25 million over the next five years, a marked increase from the AFL’s existing $18.5 million sponsorship contract with … Read more

The Next Big Trend for the Crypto Industry in 2022

The Next Big Trend for the Crypto Industry in 2022

DAO might become the next big opportunity for entrepreneurs in 2022.Over the past couple of years, crypto fanatics have collectively poured over their money to gain maximized profits. Crypto technologies have grown exponentially over the past couple of decades to grab the attention of more crypto investors. The creation of DAO is also one such … Read more

Raghuram Rajan | crypto: Why Raghuram Rajan refuses to be taken in by crypto mythology

Raghuram Rajan | crypto: Why Raghuram Rajan refuses to be taken in by crypto mythology

“The notion that these are stable forms of payment relative to the fiat currencies, the central bankers cannot be trusted but this crypto can be trusted belongs to a small minority of people. So broadly I am saying there is no large scale use case at present; there are niche use cases,” says Raghuram Rajan, … Read more

Bitcoin, Crypto And NFTs Are Braced For A Big Week As Extreme Price Swings Hit Ethereum, BNB, Solana, Cardano And XRP

Bitcoin, Crypto And NFTs Are Braced For A Big Week As Extreme Price Swings Hit Ethereum, BNB, Solana, Cardano And XRP

Bitcoin, cryptocurrencies and NFTs have had a mixed beginning to 2022, with the bitcoin price recording one of its worst-ever starts to a new year. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and discover hot new NFT and crypto blockbusters poised for 1,000% gains However, the non-fungible token (NFT) market has gone from strength … Read more

Rio de Janeiro Plans Crypto Investments

Rio de Janeiro, Crypto Rio, bitcoin

Rio de Janeiro is planning on investing in cryptocurrency, according to a Sunday (Jan. 16) Bitcoin.com report, with Mayor Eduardo Paes saying they’ll “launch Crypto Rio and invest 1% of the Treasury in cryptocurrency.” Paes made the comments in a joint lecture at Rio Innovation Week, where he appeared alongside Miami Mayor Francis Suarez. The … Read more

In The Garb Of Crypto

cryptocurrency, cryptocurrencies, bitcoin, litecoin, ethereum, CBI, Enforcement Directorate, Indian express, Opinion, Editorial, Current Affairs

In recent times, there has been a great euphoria about investing in cryptocurrencies. Let us first try to understand whether a crypto investment means an investment in a currency or an asset. For any instrument to classify as a currency, it must have the following features: One, it is a promissory note wherein the issuer … Read more

Derivatives Data Shows Softening Crypto Enthusiasm

Derivatives Data Shows Softening Crypto Enthusiasm

Implied vols, which are calculated off options premiums and gauge the market’s view of future risk, are down to levels not seen since October 2020. To be sure, regular levels in crypto implied volatilities would signal alarm and panic in the equity market, but since the second week of December, crypto’s implied vols have drifted … Read more

Crypto scam sites continue to draw Indians in droves

Cybersecurity firm Kaspersky had predicted a rise in thefts of Bitcoin back in December 2020. (Getty Images/iStockphoto)

NEW DELHI : Cryptocurrencies continue to fascinate Indians despite their high volatility and uncertain legal status, with a large number of them seemingly unmindful of the risks involved. Over the last two years, Indian users have visited many websites running crypto scams millions of times, according to data sourced from blockchain tracking firm Chainalysis Pte … Read more

Bitcoin’s dominance of crypto payments is starting to erode

With Bitcoin’s price rising 60% last year, despite the fourth-quarter volatility, many investors may also have chosen to hold onto the world’s biggest cryptocurrency instead of spending it (Photo: iStock)

Last year, Bitcoin’s use at merchants that use BitPay dropped to about 65% of processed payments, down from 92% in 2020, the company told Bloomberg. Ether purchases accounted for 15% of the total, stablecoins were 13% and new coins added to BitPay in 2021 — Dogecoin, Shiba Inu and Litecoin — accounted for 3%.  The … Read more

An Instagram Model Launched a DAO to Build Web3 Social Media

An Instagram Model Launched a DAO to Build Web3 Social Media

Key Takeaways IreneDAO has become the talk of the crypto space after its first NFT collection soared in value on the secondary market. Irene Zhao launched the DAO to show the promise of her decentralized social media project SO-COL. Other similar NFTs have gained traction in recent months, while DAOs have also taken off. Share … Read more

Which Are The 3 Crypto Coins In Cybersecurity To Keep An Eye On During The Current Year

Which Are The 3 Crypto Coins In Cybersecurity To Keep An Eye On During The Current Year

Hacker attacks are extremely prevalent in the investor-related sector, experts report that during 2021 crypto scammers caused a damage of $14 billion. As a result, taking maximal security precautions is one of the most crucial answers for these individuals, and here is where blockchain technology shines. Many investors in the financial markets nowadays want to … Read more

Nervous to Invest in Crypto? Do These 4 Things to Ease Your Fears

Nervous to Invest in Crypto? Do These 4 Things to Ease Your Fears

Image source: Getty Images These days, many investors are enjoying success with cryptocurrency. And crypto could end up being a money-maker for you, too. But if you’re anxious about the idea of investing in it, here are a few steps to take. 1. Have a fully loaded emergency fund before diving in Whether you’re buying … Read more

How to Invest in Stocks and Crypto in 2022 As Volatility Rises

How to Invest in Stocks and Crypto in 2022 As Volatility Rises

Portfolio diversification is a universally accepted key to investing — especially in rocky years. Mark Yusko, founder of Morgan Creek Capital, shared his four-part investing strategy. Here’s how to handle investments in stocks, crypto, fixed income, and commodities. Mark Yusko, founder of North Carolina-based investment advisory firm Morgan Creek Capital, agrees with two universally accepted … Read more

The Crypto Regulation: Obscure Classification Flusters Regulators as Crypto Expands into Derivatives Markets

The Crypto Regulation: Obscure Classification Flusters Regulators as Crypto Expands into Derivatives Markets

The very fact that the crypto-sphere is hyped in today’s day and age shows that the world is increasingly going digital. Yet, the mainstream view is still predominantly associated with Bitcoin – the first and the most popular cryptocurrency. While it is benign to hold such a vantage point from a layman’s perspective, as an … Read more

PTA to be approached for blocking crypto portals – Newspaper

PTA to be approached for blocking crypto portals - Newspaper

KARACHI: Federal Investigation Agency (FIA) Director-General Dr Sanaullah Abbasi on Saturday said the agency will approach the Pakistan Telecommunication Authority (PTA) for blocking websites dealing in cryptocurrencies to prevent fraud and possible money laundering. He was talking to the media after holding a meeting with a team of senior officials of the State Bank of … Read more

Vitalik Buterin Asks Twitter Followers Which Crypto They Prefer to Overtake Ethereum — Cardano, Tron Favorites – Altcoins Bitcoin News

Vitalik Buterin Asks Crypto Twitter Which Currency They Prefer to Replace Ethereum — Cardano and Tron Winners

Ethereum co-founder Vitalik Buterin set up a pair of polls on Twitter asking his followers if 80% of all transactions and savings in the year 2035 are in one currency and it is not ether, which currency they would prefer it to be. He asked them to choose from a number of cryptocurrencies including bitcoin, … Read more

Crypto Could Soon Pose Risks to Countries’ Financial Stability – Regulation Bitcoin News

IMF: Crypto Could Soon Pose Risks to Countries’ Financial Stability

Economists at the International Monetary Fund (IMF) say that “crypto assets are no longer on the fringe of the financial system.” In addition, they “could soon pose risks to financial stability especially in countries with widespread crypto adoption.” ‘Our Analysis Suggests Crypto Assets Are No Longer on the Fringe of the Financial System’ The International … Read more

Bitcoin, crypto and Web3 teeter on the brink of a $2 trillion bubble | Business

Brian Armstrong, the 38-year-old, bald-headed brainbox behind cryptocurrency exchange Coinbase, gave himself a Christmas present this year: an immense property in LA’s Bel Air. The price was a cool $133 million (£97 million). He’s unlikely to miss it. Armstrong’s net worth shot to an estimated $9.4 billion after Coinbase’s 2021 stock market float.The one-time Airbnb … Read more

Cryptoland runs aground as $12m bid to buy Fiji island for resort falls through | Cryptocurrencies

Widely mocked plans to establish a tropical haven for cryptocurrency enthusiasts have run into trouble after a contract to buy an island in Fiji for US$12m fell through.A group of crypto-evangelists, led by Max Olivier and Helena Lopez, outlined plans for the island, Nananu-i-cake, in a lavishly animated YouTube video, featuring a wide-eyed crypto bro … Read more

The race to fund crypto’s future sure is expensive  – TechCrunch

The race to fund crypto’s future sure is expensive  – TechCrunch

Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here.  Welcome to the weekend! We made it. Barely, I think, given how tired everyone sounds on the phone and over on Twitter. But we … Read more

Cryptocurrency Enthusiasts Meet Their Match: Angry Gamers

Cryptocurrency Enthusiasts Meet Their Match: Angry Gamers

So far, 10,000 digital wallets — tools that allow people to store their crypto assets — have been connected to the Quartz platform, even though Ubisoft minted just 3,000 NFTs in its first batch, Mr. Pouard said. That suggested an appetite for more NFTs in the future, he said.A Guide to CryptocurrencyCard 1 of 7A … Read more

Bitcoin The Most Popular Crypto Coin On Twitter This Week, Ethereum Second

Bitcoin The Most Popular Crypto Coin On Twitter This Week, Ethereum Second

Bitcoin (BTC) was mentioned over 2 million times on Twitter this week, CryptoRank Platform, a crypto market data aggregation and analytics platform cited data of LunarCrush. Ethereum (ETH), which was mentioned over 596,235 times on Twitter, stood at the second position in terms of its mention on Twitter.  The price of Bitcoin was up by … Read more

OCC Chief Calls for Collaboration in Crypto Regulations

OCC Chief Calls for Collaboration in Crypto Regulations

Blockchain & Cryptocurrency , Cryptocurrency Fraud , Fraud Management & Cybercrime Growing Interest in Trillion-Dollar Crypto Trading Presents Problems for Security Devon Warren-Kachelein (devawarren) • January 15, 2022     U.S. Office of the Comptroller of the Currency, Acting Chief Michael Hsu (Source: OCC.gov) U.S. Office of the Comptroller of the Currency Acting Chief Michael … Read more

Kazakhstan Unrest Roils Crypto Market, Shows Vulnerability as Global Currency

Jack dorsey elon musk the b word conference

Political instability in Kazakhstan was front and center last week, as major cryptocurrencies like Bitcoin and Ethereum lost a significant portion of their value.Sources close to the situation say the sell-off was sparked by the central government’s decision to shut down the internet, taking nearly 88,000 regional mines off-line and lowering the total global hashrate, … Read more

6 Crypto Coins Rise up to 1314% in a Day. Crypto Market in Green

6 Crypto Coins Rise up to 1314% in a Day. Crypto Market in Green

Cryptocurrency Update: The global cryptocurrency market on Saturday, January 15, saw a decent rise in its value after a constant decline for days. The cryptocurrency market cap was standing at $2.06 trillion, according to data from global crypto tracking website CoinMarketCap. This was up by 2.75 per cent over the last 24 hours. The The global crypto volume however … Read more

Czech regulators tread softly on crypto oversight – POLITICO

Czech regulators tread softly on crypto oversight – POLITICO

PRAGUE — In the Czech Republic, a suspected scam is prompting calls for regulators to take a hot new crypto product more seriously. When a high-profile ad campaign run by a company named Xixoio began promising huge returns to small investors last autumn, some in the media and fintech world questioned whether the claims were … Read more

10 Best Bitcoin Wallet Apps Crypto Investors Must Use In 2022

10 Best Bitcoin Wallet Apps Crypto Investors Must Use In 2022

Crypto investors should look out for the top ten Bitcoin wallet apps for smooth transactionsCrypto investors are highly interested in the cryptocurrency market despite being a highly volatile one. They prefer to invest in the top most popular cryptocurrency across the world known as Bitcoin. Almost all industries have started accepting payments and transactions in … Read more

Viral ‘WTF’ Crypto Coin Launch Immediately Devolves Into Chaos, Pain

Viral 'WTF' Crypto Coin Launch Immediately Devolves Into Chaos, Pain

On Thursday night, crypto twitter was overrun with people begging others to click their referral links for something called WTF. If you saw any of the many groveling tweets, you may have been wondering “WTF?” yourself. “IF YOURE CLAIMING THE $WTF AIRDROP PLS USE MY REF LINK https://meatspin.com,” read one tweet mocking the frenzy (do not … Read more

What to Know About Crypto Auctions and the Future of Bitcoin

What to Know About Crypto Auctions and the Future of Bitcoin

Did you know that the U.S. government frequently holds auctions for crypto that it acquires in asset seizures? According to an article published by CNBC last August, the government had already seized more than $1.2 billion worth of crypto for the year so far. In this segment of Backstage Pass, recorded on Dec. 20, Fool.com … Read more

Investors riding the NFT craze are facing billions in taxes | Crypto News

Investors riding the NFT craze are facing billions in taxes | Crypto News

The NFT market has ballooned to $44bn, Chainalysis data shows, and rules about taxing the tokens are not clear.It’s one of the hottest corners of crypto – and now the U.S. government wants its share of the profits. Investors and creators of nonfungible tokens – a market that has ballooned to $44 billion, Chainalysis data … Read more

Token For New Crypto Project ‘MetaGold Rewards’ Grows By

Token For New Crypto Project 'MetaGold Rewards' Grows By

Bangkok, Thailand, Jan. 14, 2022 (GLOBE NEWSWIRE) — (via Blockchain Wire) The newly-launched cryptocurrency celebrated what they call a ‘meteoric’ launch while sharing details on what’s to come with their followers. Had you invested o$1,000 in MetaGold on its launch 15 days ago, it would now be worth over, $133,000.   MetaGold Rewards is a new crypto currency … Read more

Buying Crypto in 2022? Do This First

Buying Crypto in 2022? Do This First

Diy13 / iStock.comDid you get swept up in the cryptocurrency hype in 2021? If you didn’t, maybe you’re considering investing now. It’s not too late to reap big rewards with Bitcoin, Ethereum, or any of the “altcoins,” out there – including Doge – but crypto investments don’t come without risks.See: 5 Things Most Americans Don’t … Read more

These Crypto Are Worth To Buy

These Crypto Are Worth To Buy

These Crypto Are Worth To Buy – Bitgert, Centcex, Safemoon, Saitama Inu, BabyDoge, Floki Inu & Yooshi by Analytics Insight January 14, 2022 The cryptocurrency market can be tricky, especially when picking the best project to invest in. With hundreds of cryptocurrencies all promising to take the investors to the next step of their financial … Read more

Cryptocurrency ads reach record levels on London transport | Cryptocurrencies

Cryptocurrency firms bombarded Londoners with a record number of adverts on public transport during 2021, fuelling calls for a ban to prevent people being lured into risky investments.The surge in adverts for crypto assets, which are unregulated in the UK, has prompted concerns about the risk of addiction and financial harm, particularly given the wild … Read more

Is It Worth Your Bored Ape, Ethereum And HUH Token? |

Is It Worth Your Bored Ape, Ethereum And HUH Token? |

by Analytics Insight January 14, 2022 Blockchain, the life and blood of crypto, has spun something that nobody realised would become such a valuable asset… NFTs.Non-Fungible Tokens, among many things, but most importantly, offer the owner of the NFT a signature in its code… much akin to how you might sign a document or, even, … Read more