Tags : Turn

Regulation

Crypto traders turn to OTC platforms amidst Bitcoin crackdown

Millionaires in China are turning to over-the-counter services to trade and buy Bitcoin and other cryptocurrencies even as the local government says it would crackdown on the sector, as per a report on business outlet Bloomberg today. Rising exchange rate Officials in the country said earlier this month they would hunt down and end mining […]Read More

Market

Is China softening on Bitcoin? A turn of phrase stirs

They were only two seemingly innocuous words: “investment alternatives.” But when applied to Bitcoin — the seminal cryptocurrency — by an official from the People’s Bank of China in a recent panel discussion, they reverberated like a firecracker. “A remarkable step for BTC,” Lennix Lai, director of financial markets at OKEx, calls the statement. Michael […]Read More

Cryptocurrency

SEC v. Ripple takes new turn, setting XRP up for

SEC v. Ripple takes new turn, setting XRP up for potential future growth | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest News › XRP › U.S. › Legal Speculation mounts around XRP after the SEC v. Ripple case took a new turn. Ali Martinez […]Read More

Bitcoin

Bitcoin Miners Net Position Turn Positive: A Crypto Bull Case? 

Bitcoin in Downtrend After another week of turbulent market volatility, the cryptocurrency market saw severe drops with Bitcoin (BTC) and its peers plummeting nearly 25% from recent highs. This selloff caught many speculators and traders off-guard, causing a panic reaction across the market. The Crypto Fear and Greed Index shifted from a weekly high of […]Read More

Regulation

Hong Kong’s Bitcoin trading ban could see users turn to

Hong Kong’s crypto users could shift to “unregulated” and riskier venues to trade their digital assets should the government move forward with tighter controls on the rising sector, a group of crypto exchange owners said over the weekend. The way out of regulation The statements came months after Hong Kong’s Financial Services and the Treasury […]Read More

Bitcoin

Andrew Yang Wants To Turn NYC Into Hub For Bitcoin

Bitcoin could soon take over Wall Street completely, more so than it already has in recent months. According to NYC mayoral candidate Andrew Yang, if elected, he would invest in turning the city as the country’s financial epicenter into a full fledged hub for BTC and other cryptocurrencies.  Is this the start of major United […]Read More

Market

A turn for the worse? India’s crypto plan unsettling to

The Indian Crypto community has been involved in discussions with the government about how it should perceive cryptocurrencies and blockchain technology before finding ways to regulate the industry ever since the government placed a now-defunct blanket ban on banks servicing crypto firms in April 2018.  In the latest update, on Jan. 29, the government revealed […]Read More

Bitcoin

Bitcoin At Risk Of Plunge Through Support If Stocks Turn

The overextended stock market bubble was already close to bursting, but some recent turmoil involving skyrocketing GameStop shares and a Reddit-driven short squeeze might break the already thin ice. If this happens, and the stock market turns down in a big way while Bitcoin is on critical support, there could be another sharp plunge across […]Read More