Bitcoin leaps 12% to test recent peaks, ether hits 3-week high
Cryptocurrencies popped to the top of recent ranges on Monday as short sellers bailed out in the wake of a strong week and while traders hoped a handful of positive comments from influential investors might signal a turnaround in fragile sentiment.
Binance stops crypto margin trading against pound, Aussie dollar, euro
Binance, the world’s largest cryptocurrency exchange, said on Monday that it would stop offering cryptocurrency margin trading involving the Australian dollar, euro and sterling.
S.Korea to toughen rules to collect cryptocurrencies from tax dodgers
South Korea will look to tighten a crackdown on tax evasion by cryptocurrency investors and high-income earners as it seeks fresh revenue to cover rising welfare costs, its finance ministry said on Monday.
Most institutional investors expect to buy digital assets, study finds
Seven in 10 institutional investors expect to invest in or buy digital assets in the future, although price volatility is the main barrier for new entrants, a study by Fidelity’s cryptocurrency business found.
Boom, bust and bewildered: Bitcoin’s year so far
If you’re a bitcoin investor, your nerves may have taken quite a pounding in 2021
Australian regulator seeks feedback on managing ‘risky’ crypto assets
Australia’s securities regulator said on Wednesday it would consult market participants on proposals to identify appropriate crypto assets and set up good market practices for financial instruments that expose them to digital currency-backed assets.
EXCLUSIVE TP ICAP to launch crypto trading platform with Fidelity, Standard Chartered
TP ICAP (TCAPI.L), the world’s biggest interdealer broker, is launching a cryptocurrency trading platform with Fidelity Investments and Standard Chartered’s digital assets custody unit, the consortium said on Tuesday.
Fed officials express skepticism about a U.S. central bank digital currency
Two Federal Reserve officials on Monday expressed strong skepticism about the need for the central bank to issue a digital currency, saying that many dollar transactions are already virtual and some of the potential benefits of an official digital currency may be accomplished through other means.
Ether sees record outflows in last week of June -CoinShares
Ether investment products and funds posted record outflows in the last week of June, bearing the brunt of negative sentiment on cryptocurrencies, according to data on Monday from digital asset manager CoinShares.
Crypto firms drop British registration bids amid scrutiny
A growing number of crypto asset firms are abandoning attempts to register with Britain’s financial regulator as global scrutiny of the rapidly-growing sector intensifies.
