Crypto

Bitcoin ATMs Banned in U.K. as CBDC Job Ads Go Live, Operators of crypto ATMs have been told to “shut their machines down or face enforcement action” — amid fears that they offer inadequate protections against money laundering. Bitcoin ATMs are set to vanish in the U.K. after the Financial Conduct Authority told operators to “shut their machines down or …

Big Win for BTC: Proposal Limiting Proof-of-Work Is Rejected in EU Parliament. A provision that could have forced proof-of-work cryptocurrencies like bitcoin to shift to more environmentally friendly mechanisms failed to get the votes required. A proposed rule that could have, in effect, banned the popular cryptocurrency bitcoin across the European Union (EU) has been quashed. The European parliament’s economic …

Bitcoin, Ether, Doge See Brief Spike After Musk Says He Isn’t Selling. Bitcoin, which has fallen as much as 2.9% before Musk’s tweet, briefly erased losses before retreating again. Ether was up as much as 2.3% before giving up some gains. Dogecoin’s 3.8% gain over the past hour was the biggest among cryptocurrencies. When it comes to cryptocurrencies, Tesla CEO …

Potential plummet for BTC and ETH as EU Measure could ban Bitcoin & Ethereum. Two-thirds of the Bitcoin network is anticipated to fall down if the EU prohibits proof-of-work mining. Government policy has made Bitcoin very centralized. One of its most serious weaknesses was neglected by maxis. There’s no status-quo will give their power voluntarily. They will use all the …

EU vote that may “practically” ban the most popular digital currencies. A European parliamentary committee will vote Monday on a new regulatory framework for crypto assets, which could accelerate passage of a measure that industry executives say could practically ban key digital currencies including Bitcoin and Ethereum in Europe. Crypto-assets issued and/or traded in the EU “shall be subject to …

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BTC is surging beyond the 41k mark  on the news of the Leaked Biden Crypto Bill, which appears to be much less strict than many originally anticipated.   Will this eventually become another pump before the dump? Take note that United States Core Inflation Rate will be market mover event this Thursday. Other risk assets suffer big drop. And BTC soon …

Bitcoin is Geopolitical Hedge and Inflation Hedge! NOT!!! All red on the crypto landscape, discounting any and all nonsense claims about bitcoin being a geopolitical hedge, inflation hedge, or any other nonsensical moonbois sort of statements.  BTCUSD reaching 20k is now within reachable target. The sell-off spread to cryptocurrency markets, pushing bitcoin below $35,000 for the first time in a month. …

Bitcoin derivative is being developed by Wall Street engineers. SFOX sees NDFs as vehicle for expanding crypto-related trading Daily trading volume may reach $100 million a day, SFOX says A group of engineers and traders at crypto prime brokerage SFOX are working on a way to expand access to Bitcoin for banks and big investors through a bespoke derivative. SFOX’s …

Gold beat Bitcoin as a Further Drop Into the $30k Level is Possible. Bitcoin was trading near a two-week low as worries of a Russian invasion of Ukraine spurred, further drop is likely and could go below the critical $30,000 mark. At the same time gold rise to $1900 and test the may 2021 resistance.   Bloomberg   XRP lead …