Day: June 4, 2022

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Bitcoin ETPs Saw Massive Inflows in May Despite the Crypto Market Selloff Catalyzed by UST’s Depeg Event

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Summary: The month of May saw a strong recovery in the inflow of Bitcoin into ETPs, with a total of 9,765 BTC. The flow of BTC into Bitcoin ETPs has also been favorable into June, with the global holdings hitting an all-time high of 205,008 Bitcoin. The Canadian Purpose Bitcoin ETF has led inflows of Bitcoin into ETPs. The month of May 2022 will go down in history as one of the most tumultuous periods in the Bitcoin and crypto markets primarily due to the crypto-wide sell-off kick-started by UST…

SHIBA INU Coin: Crypto News Today | Cryptocurrency Bill in India | SHIBA INU Price Prediction

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #shibainu #dogecoin #bitcoin #shamankinginu SHIBA INU क्रिप्टो क्वाइन के बारे में तो हर किसी ने सुना ही होगा. लेकिन बहुत कम लोग ये जानते हैं कि Indian Crypto Exchanges पर आने से पहले ही SHIBA INU Crpypto Investers को करोड़ों गुना की रिटर्न दे चुका था. तो सवाल ये उठता है कि कैसे लोग Centralized Wallet जैसे कि WazirX, Unocoin, CoinDCX, Zebpay और CoinSwitch Kuber पर आने से पहले ही New Cryptocurrency जैसे कि Shaman King INU, ImpactXP, Shiryo-inu, Kishimoto आदि Decentralized…

South Korea ramps up crypto investigations and regulations

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On Friday, June 3, South Korea’s Financial Supervisory Service (FSS) began an investigation into payment gateway services that work with digital assets. The FSS is South Korea’s financial regulator that operates under the Financial Services Commission (FSC), both of which are government institutions. As reported by local news outlet Money Today Co., the FSS had recently demanded reports from 157 payment gateways about any service related to crypto, their plans for the future, and disclosure of digital assets. But an FSS report stated that only 6 held any digital assets.…

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Crypto Markets Are ‘Bigger Than Subprime Mortgages Before the Financial Market Crisis’ – Bitcoin News

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Pablo Hernandez de Cos, governor of the Bank of Spain, has again warned about cryptocurrencies and the growth that the crypto market is experiencing. Hernandes de Cos stated that, while the market is still relatively small at a worldwide level, the cryptocurrency market is now bigger than subprime mortgages before the financial crisis circa 2008, and its links with traditional finance keep growing. Governor of Bank of Spain Warns About Expansion of Crypto The governor of the Bank of Spain has warned about the risks of letting the…

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Bored Ape Yacht Club Plunges By 60% Last Month

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While Bored Ape Yacht Club appears to be unfazed for several months now in the face of the crypto crash, the month of May tells a different storyline. Bored Ape Yacht Club, a blue-chip NFT, appeared to have dipped in value, as evidenced in May when NFTs dropped in average sales price. May has been a challenging month for NFTs and crypto alike. BAYC has managed to end it with a sour trading price of $152,658. Suggested Reading | Cardano TVL Sheds $205 Million Since Hitting All-Time High BAYC Average…

Blockchain in the Stock Market | Kyle Newcombe | TEDxYouth@AbbeyParkHS

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This talk will cover blockchain’s incredible potential for use in the stock market, and how this kind of market could be critical as we challenge climate change, and our future world really takes shape. Hello! My name is Kyle Newcombe, and I’m a grade 12 student attending Abbey Park High School. At my school, I’ve completed the Business Specialist High Skills Major program and I’ve also been involved with the ski team and the sound and lighting crew, when those were running.…

India’s RBI deputy governor to IMF

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In discussion with the International Monetary Fund (IMF), T Rabi Sankar, the deputy governor of the Reserve Bank of India (RBI), reflected an anti-crypto stance as he spoke about India’s potential to disrupt the crypto and blockchain ecosystem.  Rabi Sankar started the conversation by highlighting the success of the Unified Payments Interface (UPI), India’s in-house fiat-based peer-to-peer payments system — which has seen an average adoption and transaction growth of 160% per anum over the last five years. “One of the reasons it is so successful is because it’s simple,”…