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Market News

Top Chinese Bank Bans Access to Crypto, Issues Stern Warning To Rule Breakers

  • Post author:Auto News Feed
  • Post published:June 23, 2021
  • Post category:Market News

China’s third-largest bank, the Agricultural Bank of China, has announced it is cracking down on cryptocurrency transactions. Agricultural Bank of China (AgBank) is the country’s third-largest lender by assets, currently…

Continue ReadingTop Chinese Bank Bans Access to Crypto, Issues Stern Warning To Rule Breakers

Digital Euro Promises To Protect People’s Privacy, According to ECB Board Member

  • Post author:Auto News Feed
  • Post published:June 23, 2021
  • Post category:Market News

European Central Bank (ECB) executive board member Fabio Panetta promises that the digital euro will respect the privacy of consumers. In a Financial Times report, Panetta says the digital version…

Continue ReadingDigital Euro Promises To Protect People’s Privacy, According to ECB Board Member
Read more about the article Is Bitcoin in a Bear Market? Experts Aren’t Sure

Is Bitcoin in a Bear Market? Experts Aren’t Sure

  • Post author:Auto News Feed
  • Post published:June 22, 2021
  • Post category:Market News

Bitcoin, trading right now at around $32,000, is down 9.4% in the past 24 hours and 20% in the past week, according to Nomic. It's even down 2% since the…

Continue ReadingIs Bitcoin in a Bear Market? Experts Aren’t Sure
Read more about the article How Bitcoiners are Working With El Salvador’s Leaders

How Bitcoiners are Working With El Salvador’s Leaders

  • Post author:Auto News Feed
  • Post published:June 22, 2021
  • Post category:Market News

In less than 80 days, El Salvador will become the first country to declare Bitcoin as legal tender. To help advance this controversial plan, Bitcoin's flag-bearers have visited the country…

Continue ReadingHow Bitcoiners are Working With El Salvador’s Leaders
Read more about the article This Crypto Project Accounts for Half of All US Regulator Penalties Since 2009

This Crypto Project Accounts for Half of All US Regulator Penalties Since 2009

  • Post author:Auto News Feed
  • Post published:June 22, 2021
  • Post category:Market News

The cryptocurrency industry has been hit with $2.5 billion in penalties since Bitcoin was invented 12 years ago, according to figures released today.  U.S. regulators—mostly the Securities and Exchange Commission…

Continue ReadingThis Crypto Project Accounts for Half of All US Regulator Penalties Since 2009
Read more about the article Canadian Regulator Adds Bybit to Crypto Exchange Crackdown

Canadian Regulator Adds Bybit to Crypto Exchange Crackdown

  • Post author:Auto News Feed
  • Post published:June 22, 2021
  • Post category:Market News

Bybit, one of the world's top five crypto exchanges with $53 billion in trading volume in the last week, is in hot water with Canadian regulators—along with other prominent crypto…

Continue ReadingCanadian Regulator Adds Bybit to Crypto Exchange Crackdown
Read more about the article China Tanks Crypto Markets AGAIN

China Tanks Crypto Markets AGAIN

  • Post author:Auto News Feed
  • Post published:June 22, 2021
  • Post category:Market News

Happy Monday, Blockfolians The Lede US crypto people woke up this morning to sub $33k BTC and sub $2K ETH. The reason was that the People’s Bank of China has…

Continue ReadingChina Tanks Crypto Markets AGAIN
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