Month: August 2022

Pro-blockchain narratives hinder Bitcoin adoption, says StackinSat founder

Over a decade-long evolution later, for self-justified personal reasons, a handful of the crypto community members chose to believe in siding against Bitcoin (BTC), resulting in a narrative that preached “blockchain is great, Bitcoin is bad.” Josselin Tonnellier, the founder of Bitcoin exchange StackinSat and organizer of the Surfin’ Bitcoin 2022, believes that this particular notion is one of the main barriers to broader BTC adoption in France.  In an exclusive interview with Cointelegraph reporter Joseph Hall, Tonnellier discussed several important topics, including the adoption of Bitcoin and crypto in France,…

Former South Korean Deputy Minister Yong-beom Kim Joins Blockchain Research Institute

Yong-beom Kim, former first deputy minister of the Ministry of Planning and Finance of South Korea, will join Hashed Open Research, a blockchain and digital technology research institute, as CEO. Yong-beom Kim served as the First Deputy Minister of Economy and Finance of South Korea from 2019 to 2021, and also served as Deputy Chairman of the Financial Services Commission (FSC) and Chairman of the Securities and Futures Commission (SFC) within the FSC. He has extensive knowledge of the economy and will be able to help Hashed Open Research, backed…

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Brazilian Brokerage Platform Rico to Offer Cryptocurrency Services Next Year – Exchanges Bitcoin News

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Rico, a Brazilian brokerage platform part of XP Inc., has announced it plans to enter the cryptocurrency market next year. The division is expanding its operations and will also enter the banking sector, launching digital account services and a credit card. The platform follows in the steps of companies like Nubank and others that have already included crypto in their service portfolio. Rico to Expand Operations to Crypto and Banking Brazilian companies and banks are entering the cryptocurrency business as a way of offering a complete package of…

Avalanche (AVAX) Tries Comeback, Unfazed By $2-B Market Cap Loss In Last 2 Weeks

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Avalanche (AVAX) has pushed forward with its its ascent, despite market obstacles and negative circumstances over the past few weeks. Analysis of the Avalanche price reveals a bearish trend AVAX market sentiment remains bullish AVAX/USD trading at $20.57 as of this writing Due to the unfavorable market conditions, its market cap dropped by almost $2 billion over the last two weeks, but it is now trying to recover. At the time of writing, Avalanche’s market cap – at $5.8 billion – was below its monthly high but above its monthly…

CRYPTO MARKET – NOW! WHY IS THE CRYPTO MARKET BLEEDING OUT?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CRYPTO MARKET – NOW! WHY IS THE CRYPTO MARKET BLEEDING OUT? CRYPTO MARKET CRASH! CLEARCRYPTOS: RICH RABBIT CLUB TWITTER ACCOUNT: AUSTIN HILTON TWITTER ACCOUNT: iTrustCapital – Buy and sell crypto with your own IRA retirement account: Check out my private community over at Patreon – where we help each other to be more successful in the crypto market and possibly grow your portfolio to new levels. I share buy, sell, crypto holdings, and trade alerts, as well! And, we have our private…

Bear market uncertainty is the perfect time to build and learn, says Sato exec

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The decisions made by companies during bear markets play a pivotal role in determining their longevity in the crypto ecosystem. Representing Canadian Bitcoin (BTC) mining firm Sato Technologies, COO Fanny Philip revealed what it takes to survive the bearish loom as the market prepares for the next bull run. Speaking to Cointelegraph during the Surfin’ Bitcoin 2022 event in France about the impact of bear markets on business, Philip said now is the time for mining companies to build and learn.  Sato is a digital assets mining company, publicly traded…

Experts warn of cryptocurrency crash ahead of interest rate hike

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io There are concerns the price of cryptocurrencies and other digital assets could tank when the Federal Reserve announces hikes to interest rates to offset inflation. Paul Vigna, a reporter with The Wall Street Journal, spoke with CBS News anchors Tanya Rivero and Mola Lenghi about the impact on crypto markets. #News #Cryptocurrency #InterestRate CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News…

Singapore Seeks Detailed Information From Crypto Firms Ahead of New Regulations, Report Unveils – Regulation Bitcoin News

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Financial authorities in Singapore are taking steps toward increased oversight in the crypto space with the city-state’s central bank reportedly asking companies to provide additional information about their activities and assets. Ahead of a possible broadening of the applicable rules, the authority is trying to get a clearer idea of their financial state, knowledgeable sources say. Singapore Regulators Send Crypto Firms Questionnaire, Expect Prompt Response The Monetary Authority of Singapore (MAS) has sought to acquire detailed information from cryptocurrency firms operating under its license and also some of the applicants,…