Day: September 21, 2021

US Treasury Dept sanctions crypto OTC broker Suex for alleged role in facilitating transactions for ransomware attacks

The United States Department of the Treasury has announced it will impose sanctions on Czech Republic and Russia-based business Suex OTC for allegedly allowing hackers to access cryptocurrency sent as payment for ransomware attacks. In a Sept. 21 advisory update, the Treasury Department Office of Foreign Assets Control, or OFAC, added Suex OTC to its list of Specially Designated Nationals for which “assets are blocked and U.S. persons are generally prohibited from dealing with them.” The government agency listed Suex OTC’s offices in Moscow and Prague, as well as its…

Ethereum ‘head & shoulders’ chart pattern puts ETH price at risk of dropping to $2K

Ethereum’s native token Ether (ETH) rates may fall to a two-month low after it slid below support at around $2,954, based on a classic trading pattern. The $2,954 level represents a so-called neckline constituting a head and shoulders setup. In detail, the said support level appears to be a floor to three peaks, with the middle one (HEAD) higher than the other two (SHOULDERS). A breach below the $2,954 level signals a trend reversal, suggesting that ETH/USD may fall by a length equal to the distance between the head’s peak…

DeFi’s potential means more institutional demand for next-gen tokens

There’s no denying that the last couple of years have seen the altcoin sector blossom and have a major impact on the crypto market at large. In fact, a quick look at data available on Google Trends shows us that searches related to the term “Ethereum killer” have been soaring over the past 90-days, signaling a growing interest among investors in various altcoins. In this regard, a few cryptocurrencies — such as Cardano (ADA), Solana (SOL), Polkadot’s DOT and Terra (LUNA) — have made a major market push recently. SOL,…

Buying Bitcoin NOW? Here's Why Your Doomed….

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Coinbase Abandons Plan to Launch Lend Program After SEC Threatens Lawsuit – Exchanges Bitcoin News

The Nasdaq-listed cryptocurrency exchange Coinbase has dropped its plan to launch a lending program after the U.S. Securities and Exchange Commission (SEC) threatened to sue the company. Coinbase Will Not Launch Lending Program Coinbase announced Friday that it has decided not to launch the Lend program. The exchange wrote: Our goal is to create great products for our customers and to advance our mission to increase economic freedom in the world. As we continue our work to seek regulatory clarity for the crypto industry as a whole, we’ve made the…

Banking Heavyweights Oppose Basel’s Proposed Rules on Crypto Capital Requirements: Report

A forum of some of the U.S. and Europe’s biggest banks have opposed the rules proposed by the world’s central banks and regulators for capital requirements on bitcoin exposure. The Global Financial Market Association (GFMA), made up of such institutions as JPMorgan and Deutsche Bank, as well as several other industry associations, have opposed the rules set out in June by the Basel Committee for Banking Supervision, the Wall Street Journal reported Tuesday. The Basel Committee, which is a group within the Bank for International Settlements made up of global…

Monero’s former maintainer released from US custody

Riccardo Spagni, the former lead maintainer of the privacy coin Monero, has reported U.S. officials have released him after more than a month in custody. In a Sept. 21 tweet, Spagni said he was working with his legal team to return to South Africa to address the allegations against him. Authorities in the U.S. arrested Spagni in August on fraud charges tied to alleged crimes which occurred in South Africa between 2009 and 2011 at a company called Cape Cookies. “I am actively working with my attorneys on a way…

Holo HOT BTC Price Analysis.

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Holo HOT BTC Price Analysis. Holo HOT BTC Price Analysis. Holo HOT BTC Price Prediction. Please do not ask for financial advice as this is not a bitcoin merchant account or bitcoin merchant service. I do not have insurance that you will get your money back if lost . For today’s class, we will be going through a Holo HOT BTC price Analysis. We will be looking at the coin on different time frames. I hope that this Holo HOT BTC Analysis…