Tron founder Justin Sun on Monday said China preparing a comeback to the crypto industry after crypto trading and mining crackdown in mid-2021.China has taken a big step towards cryptocurrency regulation with the implementation of a tax on crypto transactions.Justin Sun remains confident about Tron’s acceptance in China eventually. Tron Founder Justin Sun Sees China’s…
General Crypto
General Crypto
Tron: Justin Sun aims to make the TRX crypto a legal currency in 5 countries
Justin Sun, founder of Tron, shared his ambitious goal for the year, and that is to make the TRX crypto a legal currency in 5 countries by 2023. Tron (TRX) crypto as legal tender in 5 countries by 2023 In a roundup of tweets, Tron founder Justin Sun shared with his 3.4 million followers his…
$1m crypto mystery loan to Alameda Research
By Nick Bonyhady February 1, 2023 — 5.00am November last year was a shocking time for the crypto industry.FTX, an enormous crypto exchange founded by Sam Bankman-Fried, and an associated crypto hedge fund called Alameda Research had collapsed, prompting investors to look around in fear at which company might topple next. Robbie Ferguson, co-founder and…
Tesla no longer states ‘long-term’ belief in crypto, details $200M Bitcoin loss
Tesla may be backtracking on its belief in the long-term benefits of investing in Bitcoin after losing over $200 million on the investment last year.The language that has appeared in past 10-K documents filed by the automaker that seems to show a bullish attitude toward investing in cryptocurrencies is no longer there. Early in 2021,…
4 Ways To Survive Crypto Winter : Crypto : IBTimes INTL
Crypto winter is a challenging time for investors, as many digital assets will dry out in this harsh market environment, never to be seen again.However, can we figure out the causes and the road ahead? Why Is There a Crypto Winter? Just over one year ago, Bitcoin reached its all-time high of $68,700, only to…
US roadmap on risks posed by cryptocurrencies – Times of India
The White House has released what it called a roadmap to mitigating the key risks posed by cryptocurrencies.The roadmap talks about how the year 2022 was a tough year for cryptocurrencies.”In May, a so-called “stablecoin” imploded, prompting a wave of insolvencies.Just months later, a major cryptocurrency exchange collapsed.Many everyday investors who trusted cryptocurrency companies—including young…
Week Ahead – All Eyes On The Fed, ECB, BOE And NFP Report
Week Ahead – All Eyes On The Fed, ECB, BOE And NFP Report [UUP](/symbol/UUP?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Aarticle%7Csymbol%3AUUP), [USDU](/symbol/USDU?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Aarticle%7Csymbol%3AUSDU), [UDN](/symbol/UDN?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Aarticle%7Csymbol%3AUDN), [EROTF](/symbol/EROTF?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Aarticle%7Csymbol%3AEROTF), [ULE](/symbol/ULE?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Aarticle%7Csymbol%3AULE), [EUO](/symbol/EUO?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Aarticle%7Csymbol%3AEUO), 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Top 10 Cryptocurrencies for January 29 2023; Bitcoin At US$23K
As we enjoy the weekends, we are here with the top 10 cryptocurrencies as of January 29, 2023, and the number one cryptocurrency Bitcoin maintains its bullish position at US$23K.Additionally, the global cryptocurrency market capital is US$1.05 Trillion and is up by 0.12% in the past 24 hours.https://twitter.com/AurelienOhayon/status/1619384795372589056 At the time of writing, Bitcoin (BTC)…
Institutional Investors Forecast ‘Strong Year’ for Bitcoin — 65% Expect BTC to Hit $100K, Survey Shows – Markets and Prices Bitcoin News
A new survey shows that institutional investors see ‘a strong year ahead for bitcoin,’ with 65% expecting $BTC to hit $100K.crypto cryptocurrency A new survey shows that institutional investors see ‘a strong year ahead for bitcoin,’ with 65% expecting BTC to hit $100K. 35 seconds ago Institutional Investors Forecast ‘Strong Year’ for Bitcoin — 65%…
Ghanaian and Nigerian Central Bank Open Respective Regulatory Sandbox Application Processes
The Ghanaian and Nigerian central banks have invited financial innovators that wish to be included in their respective regulatory sandboxes to submit applications.The Bank of Ghana said its sandbox will also support innovations that attempt to solve the financial exclusion challenge.Solving the Financial Exclusion Challenge The Ghanaian central bank has called on registered financial institutions…