The JVCEA has cleared the backlog of assets that could have been stuck in a queue for two years. Currently less than 10 assets are in need of vetting, Oda said, adding that the association has five to eight staff members dedicated to reviewing assets. On average, they can review five to 10 new crypto assets per month, he said. Source
Day: October 21, 2022
Bitcoin price hits 1-week lows as Fed rate hike rumors unsettle market
Bitcoin (BTC) dipped further below $19,000 on Oct. 21 as rumors circulated over the United States Federal Reserve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Fed still on track for major November rate hike Data from Cointelegraph Markets Pro and TradingView showed BTC/USD abruptly dropping before the Wall Street open, hitting lows of $18,660 on Bitstamp. A recovery took the pair higher, and it was attempting reclaim $19,000 as support at the time of writing. The action came as commentators claimed the Fed was softening its policy on rate hikes…
Interpol pone en marcha su propio metaverso policial
“Para muchos, el metaverso parece anunciar un futuro abstracto, pero los problemas que plantea son lo que siempre han motivado a la Interpol: apoyar a los países miembro en la lucha contra el delito y hacer que el mundo, virtual o no, sea un lugar más seguro para quienes habitan en él”, afirmó el secretario general de Interpol, Jürgen Stock. Source
Smart Money Eyes Market-Neutral Trades as ADA, AXS See Unusually Low Funding Rates
For instance, holding a short position (a bearish bet) in the perpetual futures market tied to Cardano’s ADA and play-to-earn giant Axie Infinity’s AXS token has become unusually costly, creating a window of opportunity for market-neutral traders to make attractive returns, according to Markus Thielen, head of research at strategy at Matrixport, a crypto services provider with $10 billion in assets under management. Source
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Wall Street Analyst ‘Pulling the Plug’ on Bitcoin Miners Owing to Bear Market Woes
DA Davidson analyst Chris Brendler downgraded Core Scientific and Argo Blockchain from buy to neutral and said the bank has grown “increasingly concerned” about the miners. Source
India Freezes Additional Bitcoin Amid Mobile Gaming App Investigation – Regulation Bitcoin News
India’s Enforcement Directorate (ED) says it has frozen 44.5 more bitcoins as part of an ongoing money laundering investigation into mobile gaming app E-nuggets. The authority has already frozen nearly 86 bitcoins at crypto exchange Binance relating to the same investigation. India’s ED Freezes More Bitcoin in E-nuggets Case India’s Enforcement Directorate (ED) announced Thursday that it has frozen 44.5 bitcoins under the country’s Prevention of Money Laundering Act (PMLA). The ED is the government of India’s law enforcement and economic intelligence agency. The official Twitter account for the ED…
Twitter Launches New Web3-Focused NFT Feature
Twitter alongside other social media platforms continue to play remarkable roles in the quest to get NFTs to be globally recognized and adopted. Twitter is working with notable NFT marketplaces such as Rarible, OpenSea, GuardianLink’s Jump.trade, and Dapper Labs to launch a cool new NFT feature. Called “tweet tiles”, the feature will allow Twitter users to share non-fungible tokens (NFTs) as well as call-to-action (CTA) collection objects on the platform. It should be mentioned that the “tweet tiles” feature has been in testing since August. During testing, it was available…
Uzbeki police get ‘how to seize crypto’ training from UN security org
The Organization for Security and Co-operation in Europe (OSCE) organized a five-day training course on cryptocurrencies and Dark Web investigation for Uzbekistan’s police and prosecution forces. The course is a part of OSCE’s consistent efforts to educate Central Asian law enforcers on the emerging technologies that criminals might abuse in a strategically important region for the global drug trade. As the official press release from Oct. 21 goes, representatives from the General Prosecutor’s Office, the Ministry of Internal Affairs and the State Security Service attended the training from Oct. 17…
Bitcoin’s Slump Could Continue as Goldman Sees Several More Quarters of Dollar Strength
Trivedi does offer some hope for dollar bears (and bitcoin bulls), suggesting it’s possible the European economy strengthens from here, new leadership at the Bank of Japan (BOJ) could be more hawkish, and China may back off its zero-Covid policies – all of which might tend to put pressure on the U.S. dollar. “But,” he cautions, “we are not there yet.” Source