Day: June 3, 2022

LUNA Terra Crypto News| Luna Delisting From exchange's | Luna cryptocurrency Latest News Hindi

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #luna #lunacrypto LUNA Terra Crypto Price can go to ZERO | Watch Before Invest | Luna cryptocurrency Latest News Hindi LUNA Terra Crypto Price can go to ZERO ( 0 ) – Watch Before Invest – Luna cryptocurrency Latest News Hindi UST stable coin backed by luna cryptocurrency crashed to $0.60 UST value supposed to be equal of 1 US dollar. Due to this turmoil luna terra crypto coin dumped very hard. it is said that luna coin team is selling their…

US Markets Regulator Sues Crypto Exchange Gemini Over Alleged Violations Regarding Bitcoin (BTC) Futures Product

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The Commodities Futures Trading Commission (CTFC) is bringing charges against the Gemini crypto exchange, alleging employees made false and incomplete statements to the agency. In a new press release, the CFTC announced it has filed a complaint against the Gemini Trust Company in the State of New York in connection with the 2017 evaluation period of the company’s proposed Bitcoin (BTC) futures contract product. In claiming Gemini made false statements and omissions, the CFTC “seeks disgorgement of ill-gotten gains, civil monetary penalties, injunctions relating to registration and trading, and an…

Metagood Uses NFTs for Social Good

Metagood, which is now a one-year-old company with 15 employees, may have a real claim at defining what “community” means. It’s backed by an extensive network of crypto experts, award-winning artists and social impact professionals, including Litecoin creator Charlie Lee as well as Sebastien Borget and Jeffrey (Jiho) Zirlin, co-founders of influential NFT projects The Sandbox and Axie Infinity, respectively. Source

5 reasons why Bitcoin could be a better long-term investment than gold

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The emergence of forty-year high inflation readings and the increasingly dire-looking global economy has prompted many financial analysts to recommend investing in gold to protect against volatility and a possible decline in the value of the United States dollar.  For years, crypto traders have referred to Bitcoin (BTC) as “digital gold,” but is it actually a better investment than gold? Let’s take a look at some of the conventional arguments investors cite when praising gold as an investment and why Bitcoin might be an even better long-term option. Value retention…

Japan Adopts Legislation Establishing Legal Framework for Stablecoins – Regulation Bitcoin News

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The parliament of Japan has approved a draft law tailored to regulate stablecoins in the country and protect investors. The new legislation is among the first to be introduced after the recent collapse of the algorithmic stablecoin terrausd. Law on Stablecoins Approved in Japan in Aftermath of UST Collapse Lawmakers in Japan have passed a bill designed to determine the legal status of stablecoins. The authors of the legislation have effectively defined these cryptocurrencies as digital money, Bloomberg reported following the vote on Friday. With the new law, Japan becomes…

Brazilian central banker describes how CBDC system can halt bank runs

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In a paper recently published by the Bank for International Settlements (BIS), Fabio Araujo, an economist at the Central Bank of Brazil (CBB) who is also responsible for the country’s central bank digital currency work, revealed that the monetary authority will have greater control over the population’s money once its CBDC is rolled out. Through the so-called Real Digital, the central bank will be able to halt bank runs and impose other restrictions on citizens’ access to money.  Real Digital, the digital version of Brazil’s national currency, has been debated…

Bitcoin’s move to $32.4K was a fakeout — Here’s the price level most BTC traders are waiting for

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The end of the first week in June brought more pain to global financial markets as the tech-heavy Nasdaq composite closed the day on June 3 down 2.3%, while the S&P 500 shed 1.4% of its value.  The cryptocurrency market hasn’t faired any better and data from Cointelegraph Markets Pro and TradingView shows that an early morning attempt to push Bitcoin (BTC) above $30,000 was hit with a wave of selling that dropped it to a daily low of $29,286. BTC/USDT 1-day chart. Source: TradingView Here’s a look at what…