Day: September 23, 2021

Binance ‘De-Platformed’ Russian OTC Firm Suex That Was Sanctioned by US — CoinDesk

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Too ‘grande’ to fail — Bitcoin price stumbles at $44K as China plans for Evergrande’s implosion

Bitcoin (BTC) faced stiff resistance above $44,000 on Thursday, Sept. 23, as China told governments to prepare for property giant Evergrande to collapse. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Buyers line up to snag sub-$40,000 BTC Data from Cointelegraph Markets Pro and TradingView showed volatility continuing for BTC/USD Thursday. The pair had seen a solid recovery overnight, this fading at what was previous support just above $44,000. At the time of writing, the pair traded at around $43,700, dipping as news hit that China was briefing governmental structures on…

Bitcoin Recovering; Faces Short-Term Resistance Near $46K

Bitcoin (BTC) is recovering above the $40,000-$42,000 support zone after oversold signals appeared on the charts. Initial resistance is seen around $46,000, which could limit further upside over the short-term. BTC was trading around $43,700 at press time and is up 4% over the past 24 hours. The relative strength index (RSI) on the four-hour chart is rising from oversold levels that appeared earlier this week. The RSI is not yet overbought, which could keep buyers active, albeit limited towards $46,000 resistance. On the daily chart, however, the RSI is…

Indicator Review – $10,500 Ethereum Price Prediction Supported By This Insane Ethereum News!

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Central Bank of Ukraine Supports Crypto Industry, Fears Cryptocurrency – Regulation Bitcoin News

The National Bank of Ukraine recognizes the benefits of endorsing crypto innovations but also fears cryptocurrencies could gain ground on the national fiat. Announcing its monetary policy guidelines for the near future, the regulator noted it’s going to defend the status of the hryvnia as the only legal tender in the country. Bank of Ukraine Won’t Let Crypto Replace Fiat Money Under the current administration in Kyiv, Ukraine has taken steps to regulate its expanding crypto space. Earlier this month, the Ukrainian parliament adopted a law “On Virtual Assets” legalizing…

Cambrian Says Its New Bitcoin, Ethereum Trusts Will Cut Through Volatility

Quantitative crypto hedge fund Cambrian Asset Management said its two new actively managed trusts, one trading Bitcoin and one trading Ethereum, will manage downside risk. The $200 million fund said in a press release on Wednesday that its management strategy will “manage downside risks and maintain substantial upside potential while seeking to defer taxable events for their investors.” Cambrian claims that this strategy has helped its hedge funds cut downside volatility by over 70%, while delivering higher returns than a digital asset passive index in the past three years. Only…

UAE regulators approve crypto trading in Dubai free zone

Financial regulators in the United Arab Emirates have reached an arrangement to officially allow and support cryptocurrency trading in an economic free zone in Dubai. The Dubai World Trade Centre Authority (DWTCA) announced Sept. 22 that it signed an agreement with the UAE’s Securities and Commodities Authority (SCA) to support the regulation and trading of crypto assets within the DWTCA free zone. The new initiative establishes a framework enabling the DWTCA to issue necessary approvals and licenses for financial activities related to cryptocurrencies. As part of the agreement, the SCA…

Dogecoin on Coinbase in April? | Dogecoin Development Update!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Dogecoin has been Dipping and this is why, Bitcoin is pulling it down! Dogecoin developers are hard at work! Dogecoin will be added to Coinbase when Dogecoin implements Rosetta Api. Dogecoin might go on coinbase in April 2021! Dogecoin is going to the moon! Doge will hit $1 after Coinbase introduces Dogecoin to its platform. This will make Dogecoin available to the masses, Dogecoin is going mainstream. Big news and huge things to come for Dogecoin! This changes everything and I hope…

Coinbase seeks new exec to debate with policymakers

Coinbase is looking for a new hire to manage the exchange’s sour relationship with policymakers. The United States-based crypto exchange aims to swell its legal and compliance team ranks. The company is looking for more than 350 new hires, with 24 job openings within the legal and compliance team. More specifically, Coinbase is seeking a new manager to oversee communications with U.S. policymakers. Along with a strong network in Washington D.C, Coinbase expects its new U.S. policy communications manager, who would lead its media relations and strategic presence in critical policy debates,…