TL;DR Breakdown Litecoin price prediction expects a rise towards $200. Litecoin must hold the crucial support found at the $100 mark. Strong resistance currently lies at the $147 mark. Strong support currently lies at the $129 mark. Following the cryptocurrency market, Litecoin price followed a descending channel since 14th January. The sharp downward trajectory does appear […] …
Tag: Regulation
Michael Novogratz’s Galaxy Digital to Jump Into BTC Mining
The new BTC mining establishment will focus on offering expertise and financial services to crypto miners. It will also launch its own project to mine Bitcoin on a proprietary basis. …
Just Like Ripple’s XRP; Biden’s SEC Chair Nominee Gary Gensler to go after More “Unregistered Securities”
While Ripple grapples with the SEC lawsuit against the company and its executives, more cryptocurrencies may be facing the same fate soon. Gary Gensler, the nominee for SEC chairmanship under Biden’s administration says there may be more unregistered securities like XRP out there, hence the need for stricter regulation of the space. Gensler who is […] …
Mayor Francis Suarez talks benefits of buying Bitcoin for Miami’s city treasury
The official has spearheaded progressive technology regulation for the East coast city.
The post Mayor Francis Suarez talks benefits of buying Bitcoin for Miami’s city treasury appeared first on CryptoSlate. …
FinCEN Extends Comment Window on Proposed Crypto Regulations
After receiving thousands of comments on its proposed regulations, FinCEN has extended the feedback deadline. …
FinCEN Extends Dates for Public Comments on New AML Crypto Wallet Regulations
FinCEN has finally extended the period for public comment on its newly released AML regulations for virtual asset service providers after heavy backlash from people for technically prohibiting them from commenting on the proposed regulations. The press release by FinCEN notified that they are reopening the comments period by 15 days for its reporting requirements, and
The post FinCEN Extends Dates for Public Comments on New AML Crypto Wallet Regulations appeared first on Coingape. …
Is Gary Gensler’s appointment as head of the U.S. SEC good for Bitcoin?
The incoming chairman is said to hold a favorable view of Bitcoin and other cryptocurrencies.
The post Is Gary Gensler’s appointment as head of the U.S. SEC good for Bitcoin? appeared first on CryptoSlate. …
Pro-Bitcoin U.S. Treasury official calls DeFi the future in op-ed
The Ethereum decentralized finance (DeFi) space saw a renaissance in 2020 led by the release of new platforms such as Aave and iEarn (now Yearn), along with the rise of liquidity mining schemes that managed to draw hundreds of thousands into this space.
The post Pro-Bitcoin U.S. Treasury official calls DeFi the future in op-ed appeared first on CryptoSlate. …
EX-CFTC Chair Gary Gensler Poised to be New SEC Lead, What to Expect for Bitcoin?
Wall street is busy today with rumors of Ex-CFTC chair Gary Gensler to be named new SEC lead by the current Biden government as reported by bloomberg. Gary Gensler is also a blockchain professor at MIT and comes with a good background in cryptocurrencies. Gary Admires Blockchain but supports Crypto Regulation Gary teaches a course
The post EX-CFTC Chair Gary Gensler Poised to be New SEC Lead, What to Expect for Bitcoin? appeared first on Coingape. …
Did This Bitcoin Cycle’s FUD Phase Just Begin?
As the price crashes more than 20% in 24 hours, NLW describes the “wall of worry” around regulation that might characterize this cycle’s FUD. …
FCA Warns Of Suspicious Cryptocurrecy Companies Promising High Returns
The FCA has warned investors of the potential risks associated with allocating funds in crypto-related firms that lack regulation and promise high returns. …
Shyft Network’s Joseph Weinberg on the meaning of Bitcoin (and DEXs for 8 billion people)
The DeFi market has boomed in 2020, attracting billions of dollars across use cases like lending, derivatives, decentralized exchanges, and others.
The post Shyft Network’s Joseph Weinberg on the meaning of Bitcoin (and DEXs for 8 billion people) appeared first on CryptoSlate. …
Bitcoin (BTC) Hits New All-Time High Above $35,500, SkyBridge Founder Says “Buy and Hold”
Bitcoin (BTC) continues to make a bold move northwards hitting a new all-time high above $35,500 levels. At press time, BTC is trading 15% up at $35.320 with a market cap of $657 billion. As per analysts Ki-Young Ju, this BTC price rally is because of institutional as well as retail participation. Over the last
The post Bitcoin (BTC) Hits New All-Time High Above $35,500, SkyBridge Founder Says “Buy and Hold” appeared first on Coingape. …
US Representatives Want Deadline Extension For Crypto Rule
Some members of the US Congressmen have asked the Treasury Department to extend the deadline for its proposed new crypto rule. The Treasury Department wants […] …
G7 Seeks Crypto Regulation, German Finance Minister Blasts Libra Yet Again
Olag Scholz, the Finance Minister of German, is a man that has taken a very hardline stance against Libra, the crypto project of Facebook, for […] …