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Regulation

Bitwise Unleashes New Top Ten Crypto Tracking Platform

Bitwise Asset Management is unveiling its new Bitwise Ten Crypto Index Fund (BITW). The platform is designed to be an open-ended trust for new investors considering cryptocurrency exposure.Bitwise Is At It AgainBitwise has always been at the center of the world’s crypto arena. The company was widely regarded as the frontrunner to garner approval from the U.S. Securities and Exchange Commission (SEC) when it came to getting a bitcoin or cryptocurrency exchange-traded fund (ETF) established,...

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TripAdvisor (TRIP) Shares Fell 1.68% in Reaction to App Ban in China

TripAdvisor has climbed nearly 2% in the last twelve months. However, after the app ban in China, the stock price went down.American online travel company TripAdvisor Inc (NASDAQ: TRIP) shares fell after China app ban. Apart from TripAdvisor, China also banned 104 other apps in the region. According to the Cyberspace Administration of China (CAC), the authority banned 105 apps for violating cyber regulations. Seeking Alpha reported that the travel company fell 1.68% to close yesterday at...

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Crypto.com Lands Australian Financial Service License (AFSL)

The Crypto.com company currently serves up to 5 million customers providing them with a powerful alternative to traditional financial services.Payment service provider Crypto.com has secured the Australian Financial Service License (AFSL), further advancing the platform’s reach to expand its services to the Australian populace. According to a press release shared with Coinspeaker, Crypto.com secured the Australian Financial Service License following the acquisition of The Card Group Pty Ltd,...

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Raoul Pal to Liquidate His Gold to Invest in Bitcoin and Ethereum

According to reports, 98% of Raoul Pal’s liquidated net worth would be invested in Bitcoin and Ethereum in the ratio 80:20.Raoul Pal, the CEO of Global Macro Investor and Real Vision has after months of declaring his support for cryptocurrency regulation and predicting a $1 million trading price for Bitcoin in the next five years finally decided to back his words with action. Pal has decided to liquidate his Gold to acquire Bitcoin and Ethereum. The former Goldsman Sachs fund manager did not...

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How Bitcoin Gamblers can benefit from current Bitcoin price rise

It all started in the December of 2017, when the whole world acknowledged Bitcoin to be the viable tool for investment. All this was due to the price of BTC hitting a +$17K tag. Since then there has been much criticism, attempts of derailment and various regulations to slow crypto revolution down. Although today, these attempts proved to be futile, because at this point, Bitcoin is yet again around the same price tag, and it’s universally considered to go even higher. Whether you’d like to...

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#1024 Bitcoin Mining Difficulty, Guggenheim BTC Investment & Raoul Pal tauscht Gold gegen Bitcoin

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1024. Im heutigen Video geht’s um folgende Themen: Bitcoin Mining Difficulty steigt, Guggenheim plant BTC Investment durch Grayscale Bitcoin Trust & Raoul Pal verkauft all sein Gold gegen Bitcoin. 1.) Bitcoin mining difficulty approaches ATH as price stabilizes above $18Khttps://cointelegraph.com/news/bitcoin-mining-difficulty-approaches-ath-as-price-stabilizes-above-18k 2.) Guggenheim plant Investment in BTC...

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Russia’s Prime Minister Wants To Lead Crypto Usage In a ‘Civilized Direction’

Russia’s attempts to establish clear legislation on digital assets continue. During a recent meeting that was primary focused on the COVID-19 consequences on the country’s economy, Prime Minister Mikhail Mishustin made a few remarks on cryptocurrency regulations.Mishustin called them a “relatively new tool, the interest in which is constantly growing.” As such, he believes that the world’s largest country by landmass has to put into motion a plan to steer the market in a “civilized...

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Coinbase CEO Brian Armstrong Shares Concerns on Rumoured New US Crypto Regulation

Coinbase CEO Brian Armstrong also explained the reverse effects of the rumored regulation.The CEO of digital currency exchange platform Coinbase Brian Armstrong expressed his opinion on the rumors that the US Treasury may implement unfavorable regulation on the crypto industry. Armstrong highlighted the details of the rumored regulation in a Twitter thread.Already, the CEO said Coinbase, along with other crypto companies and investors, have contacted the US Treasury regarding the matter.On...

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6 Possible Reasons For Bitcoin’s $3,000 Daily Price Crash

Bitcoin lost nearly $3,000 in a few hours, resulting in a price below $17,000. From OKEx opening withdrawals, the US supposedly eyeing additional restrictive regulations and increased exchange inflows, here are a few reasons for which this might have happened.#1: OKEx Resumes Withdrawals: Chinese Traders Can Realize Mining ProfitsOKEx is one of the leading cryptocurrency exchanges in the Asian markets. As CryptoPotato reported earlier in October, the founder of the exchange was reportedly...

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Coinbase CEO Fears Rumored Regulations Proposed By The Trump Administration

Coinbase’s CEO Brian Armstrong has sent a letter to the US Treasury Secretary Steven Mnuchin regarding new rumored regulations on self-hosted cryptocurrency wallets. Armstrong believes that if implemented, the new legislation could harm users and, ultimately, the role of the US in the cryptocurrency financial field.New Regulations On Self-Hosted Crypto Wallets?The CEO of the largest US-based digital asset exchange took it to Twitter to outline the potential importance of these regulations if...

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