Page 76 - Cryptocurrency
Explainer: 'Death cross' chart formation adds more worry to bitcoin outlook
For technical analysts watching bitcoin, an important and potentially bearish chart formation just happened in the cryptocurrency: A "death cross"
 "Explainer: 'Death cross' chart formation adds more worry to bitcoin outlook")
China orders Alipay, banks not to assist cryptocurrency trading
Bitcoin declines to two-week low and ether falls 13% as crackdown widens
 "China orders Alipay, banks not to assist cryptocurrency trading")
Chinese banks promise to step up cryptocurrency ban
China's biggest banks promised Monday to refuse to help customers trade Bitcoin and other cryptocurrencies after the central bank said executives were told to step up enforcement of a government ban. Regulators appear to worry that despite the 2013 ban on Chinese banks and other institutions handling cryptocurrencies, the state-run financial system might be indirectly exposed to risks. Beijing also worries users might evade efforts to monitor and control the financial system. The four major state-owned commercial banks and payment service Alipay promised to step up monitoring of customers and block use of their accounts to buy or trade crypto-currencies. Customers are asked to be more aware of risks, safeguard bank accounts and not to use virtual currency-related transactions, China Construction Bank Ltd. said on its website. Similar promises were issued by Industrial and Commercial Bank of China Ltd., Bank of China Ltd., Agricultural Bank of China Ltd., Postal Savings Bank of Chi
 "Chinese banks promise to step up cryptocurrency ban")
The mistake crypto crowd makes: it doesn't understand monetary economics
Crypto has been a highly unusual asset class for its entire history, but it won't act like that forever.
 "The mistake crypto crowd makes: it doesn't understand monetary economics")
Bitcoin falls 7% to $35,431.15; down 45.4% from year's high on April 14
Bitcoin dropped 7% to $35,431.15 at 20:02 GMT on Friday, losing $2,666.53 from its previous close.
 "Bitcoin falls 7% to $35,431.15; down 45.4% from year's high on April 14")
Struggling with poverty, will Bitcoin be El Salvador's passport to riches?
Without oversight of the president's decision to accept crypto, bad actors and illicit money flows are likely to prosper.
 "Struggling with poverty, will Bitcoin be El Salvador's passport to riches?")
Bitcoin is still being called a bubble after 35% crash in May: Survey
About 80% of fund managers surveyed by Bank of America Corp. called the market a bubble, up from 75% in May
 "Bitcoin is still being called a bubble after 35% crash in May: Survey")
Bitcoin climbs near $40,000 after Musk says Tesla could use it again
It was last up 0.5% at $39,189, straining to escape the relatively tight trading range of this month.
 "Bitcoin climbs near $40,000 after Musk says Tesla could use it again")
China's cryptocurrency-mining crackdown spreads to Yunnan in southwest
China accounts for a over half of global bitcoin production
 "China's cryptocurrency-mining crackdown spreads to Yunnan in southwest")
Enforcement Directorate issues notice to WazirX, directors over FEMA breach
Exchange said they are yet to receive ED notice
'Yet to receive any ED notice, your funds are absolutely safe,' says WazirX
"WazirX is yet to receive any show-cause notice from the Enforcement Directorate as mentioned in today's media reports. WazirX is in compliance with all applicable laws," the company said.
 "'Yet to receive any ED notice, your funds are absolutely safe,' says WazirX")
ED sends notice to crypto exchange WazirX for Rs 2,791-cr transactions
ED initiated the FEMA investigation on the basis of an ongoing money laundering probe into Chinese-owned 'illegal' online betting applications
China arrests over 1,100 for money laundering in crypto crackdown
Busts 170 groups for money laundering
Crypto outlook: JPMorgan sees signal of coming bear market in Bitcoin
Traders are waiting for the next catalyst to break Bitcoin from a $30,000 to $40,000 range that's been in place since a collapse from a record of almost $65,000 in April.
Global crypto exchanges scout entry into India despite potential ban
US-based Kraken, Hong Kong's Bitfinex and rival KuCoin are actively scouting the market, says report.
 "Global crypto exchanges scout entry into India despite potential ban")
Bitcoin falls below $32K after Colonial Pipeline's ransom recovery
The US recovered almost all the Bitcoin ransom paid to the perpetrators of the cyber attack on Colonial last month
Bitcoin's fizzling 2021 returns start to lag mainstream assets: Here's why
The largest token tumbled almost 6% at one point in Asian trading Tuesday
 "Bitcoin's fizzling 2021 returns start to lag mainstream assets: Here's why")
Bitcoin weekly outflows reach $141 mn; hit record high: CoinShares data
For the year so far, bitcoin still showed net inflows of $4.2 billion
Why Bitcoin's wild ride bodes well for the future of digital cash
Digital cash with in-built, self-executing software code will alter the future of money in a way that cryptocurrencies never could
Jack Dorsey plans a hardware Bitcoin wallet for customers of Square
Bitcoin is currently on a tumultuous ride thanks to Tesla CEO Elon Musk.
 "Jack Dorsey plans a hardware Bitcoin wallet for customers of Square")