Binance will not delist privacy coins in Europe, opting instead to review its classification of assets in line with EU law. Binance has reviewed its decision to delist several privacy coins in Europe. The exchange will no longer delist these coins as it works to comply with regulations stipulated by European authorities. Binance will now reclassify privacy coins to satisfy regulations. In a recent comment, Binance said: “After carefully considering feedback from our community and...
Read More »Berkshire Hathaway Sells 2.53 Million of China’s BYD Shares
Berkshire Hathaway purchased 225 million of the EV maker’s shares for $230 million in 2008. American multinational conglomerate Berkshire Hathaway (NYSE: BRK.B) sold 2.52 million shares of Chinese EV maker BYD listed in Hong Kong on the 19th of June. A stock exchange filing revealed that the investment company sold the shares for HKUS$ 675.80 million, equaling $86.3 million. Berkshire Cuts China’s BYD Shares Holdings Following the sale of the BYD share, Berkshire Hathaway’s holdings in the...
Read More »US Regulators Can Accommodate Spot Bitcoin ETF, Says Bernstein
As per Bernstein research, there is the “headroom for a compliant ETF to grow its share as a bitcoin on-ramp solving the pain of custody”. In its latest research report on Monday, June 26, private wealth management giant Bernstein stated that Grayscale‘s dominant position in the crypto market could be under threat following BlackRock‘s recent filing of the spot Bitcoin ETF with the US SEC earlier this month. Currently, Grayscale is the world’s largest crypto asset manager running a $19...
Read More »Cyprus Grants Crypto License to Bybit
Bybit’s move is in stark contrast with that of the leading crypto exchange, Binance. Earlier this month, Binance announced it would cease its operations in Cyprus. Crypto exchange Bybit has obtained a license from the Cyprus Securities and Exchange Commission (CySEC) to operate a crypto exchange and provide custody services in the island nation. Bybit announced the news on Monday, June 26, stating that it will offer a full suite of services to its Cyprus customers. This will include...
Read More »Gemini Allows Withdrawals for Voyager Customers Whose Funds Have Been Trapped since Bankruptcy
The 30-day window of opportunity opened on Sunday, June 25th, and would run till July 23rd. Voyager customers who have been unable to access their funds since the company folded up last year may finally have something to cheer about. This follows after a recent blog post hinted that customers affected by Voyager’s bankruptcy can now withdraw their funds. According to the blog post, the 30-day window of opportunity opened on Sunday, June 25th, and would run till July 23rd. During this...
Read More »Stellar Lumen (XLM) Price Could Extend Gains above $0.092
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Stellar lumen price is facing a major resistance near the $0.0925 zone against the US Dollar. XLM price is now trading above $0.088 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.0905 on the 4-hour chart (data feed via Kraken). The pair could start...
Read More »Ripple Price Analysis: Bears Aim Break Below $0.45
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ripple price is facing resistance near the $0.520 level against the US dollar. The price is now trading above $0.52 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.4910 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair...
Read More »Ron DeSantis Signs Anti-CBDC Crypto Bill into Law
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ron DeSantis – the republican governor of Florida – has signed a new bill into law preventing the issuance and use of centralized bank digital currencies (CBDCs) in his state. Ron DeSantis Says “No” to CBDCs Just over a week ago, DeSantis issued his thoughts on CBDCs and made his dislike of these assets clear....
Read More »U.S. Targets El Salvador in New Crypto Bill
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up El Salvador has long been a bitcoin advocate. The currency is a national form of payment within its borders, but while the president of the nation may be pleased about the prospects, there are many other leaders in the United States and other countries that think the current situation is a bad one. El Salvador...
Read More »Justin Sun: Blockchain Prevents People from Being Poor
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up In a recent interview, Justin Sun – the crypto executive behind popular digital asset firm Tron – said he’s very confident blockchain technology can ensure global poverty is relieved in the coming years. Justin Sun on the Strength of Blockchain In the interview, Sun commented that blockchain will eventually be...
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