Month: February 2022

US Treasury Dept lists digital currencies as part of effort to sanction Russia’s government

US Treasury Dept lists digital currencies as part of effort to sanction Russia’s government

The Treasury Department guidelines equated crypto transactions to “deceptive or structured transactions or dealings” in attempting to evade U.S. sanctions. 3113 Total views 18 Total shares The Treasury Department and reportedly the White House are warning U.S.-based companies and individuals not to facilitate crypto transactions sent to certain Russian nationals and banks. According to regulations […]

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Crypto investment funds attract $36M in capital despite market turmoil

Crypto investment funds attract $36M in capital despite market turmoil

Inflows into Bitcoin and Ether investment products continue to rise as institutional investors re-accumulate. 1331 Total views 34 Total shares Cryptocurrency investment funds recorded a sizable increase in inflows last week, signaling that institutional investors were still gaining exposure to digital assets despite extreme volatility in the market.  Digital asset investment products registered $36 million […]

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2 key derivatives metrics signal that Bitcoin traders expect BTC to hold $40K

2 key derivatives metrics signal that Bitcoin traders expect BTC to hold $40K

Whenever Bitcoin (BTC) fails to break through important resistance levels, traders gain confidence and add to their altcoin positions. The logic is that, unless BTC drops significantly, these movements historically provide decent rewards for those shifting their portfolios toward higher risk. Bitcoin/USD at FTX. Source: TradingView In the past seven days, the aggregate market capitalization […]

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Neo users explain why they’ve held on to the project despite China’s heavy crypto crackdown

Neo users explain why they’ve held on to the project despite China’s heavy crypto crackdown

“I didn’t worry too much. I knew the developer team, the community supporting Neo wasn’t going to quit,” said Neo investor Lucas. 1673 Total views 15 Total shares It’s been a wild ride for Neo investors in the past few years, especially as China began to incrementally introduce harsher crypto regulations applicable to the project, which has […]

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