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

US regulators have dished out big fines against crypto startups, according to a new report.

Canadian regulator will hold hearing against Bybit for alleged violations of securities law

The commission alleges Bybit exposes local investors "to unacceptable risks and create[s] an uneven playing field within the crypto asset trading platform sector.” The Ontario Securities Commission has issued a notice stating that it will be holding a hearing against Bybit regarding the crypto exchange allegedly “flouting” Canadian securities law.In a Monday notice from the Ontario Securities Commission, or OSC, the regulatory body alleged Bybit had “failed to comply with the registration and prospectus requirements under Ontario securities law” despite the OSC issuing an April 19 deadline for crypto exchanges operating in the province.

Here's what could determine Ethereum's trajectory over the coming days

The global cryptocurrency market took yet another beating in what was its seventh straight bear market in a row.

Crypto Listing and Delisting Announcements: Week 25

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Bibox Listings: ChaingeFinance (CHNG) Chiliz (CHZ) Mirror

Ethereum Transaction Fee Revenue at Lowest Level in a Year

"We have to look as far back as June 2020, before 'DeFi Summer', to find similar levels of transaction fees paid," wrote Glassnode.

Data shows Bitcoin bears dominate Friday's $2.5B BTC options expiry

Bears have a potential $450 million lead if Bitcoin fails to hold $32,000 until June 25. Bitcoin (BTC) price dropped roughly 22% over the past 7 days, retesting the $31,700 area for the second time in June.

Ethereum, Cardano, XRP: Should we expect an alt season at all?

Bitcoin has been dominating the market since the existence of cryptocurrency, but recent years have seen the king coin lose its grip.

Real Estate Mogul Has $100 Million Plan For Blockchain Based Social Media Protocol

Billionaire and real estate mogul, Frank McCourt has recently been working on a new blockchain venture titled Project Liberty.

Malta’s ‘Wild West’ Approach: Regulators Claim $70 Billion in Crypto Passed Through ‘Blockchain Island’

The island country of Malta in the Mediterranean Sea has been known to be friendly toward cryptocurrency solutions and blockchain technology for years now.

XRP price analysis: 21 June

XRP dropped by almost 17% from $0.7737 to $0.6516 on Monday.

Price analysis 6/21: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC

Bitcoin and altcoins are reaching critical support levels, but instead of buying the dip, traders are waiting to see if any bullish signals emerge. In a bearish environment, traders latch on to every bit of negative news and make that a an excuse to sell.

This would be decisive for Bitcoin's movement over the coming days

China's clampdown on cryptocurrency mining in the key province of Sichuan piled on further selling pressure on the global cryptocurrency market.

Here’s How Bitcoin Can Survive the “Death Cross,” According to Crypto Analyst Benjamin Cowen

Crypto analyst Benjamin Cowen is weighing in on one bearish indicator that has caught the attention of Bitcoin bulls.

400+ Miners Seized in Venezuela Due to Lack of Permits

Authorities seized more than 400 Bitcoin miners in Venezuela this weekend in two major confiscations.

MATIC's price: What can provide confirmation of a sharper price swing?

MATIC's jump towards $2.40 post 19th May crash was quite impressive especially when a bear market was taken into account.

Chainlink: When can a reset be expected?

While the last seven days have been a sea of red for the global cryptocurrency market, Chainlink's woes seem to be more severe than some of its counterparts.

Legendary Trader Peter Brandt Says He’s Now More Comfortable Holding Cash Than Crypto – Here’s Why

Veteran analyst and crypto trader Peter Brandt says he’s now more comfortable holding cash than Bitcoin and crypto.

UTU and Ocean Protocol Partner To Enhance Trust in the Data Economy

June 21, 2021 – Nairobi, Kenya UTU, a decentralized trust infrastructure provider building new models of digital trust via artificial intelligence and blockchain, has partnered with Ocean Protocol to launch its trust infrastructure on the Ocean Market data marketplace and explore ways to share data.

Zebpay will join organization proposing regulatory framework for crypto in India

“Crypto exchanges want to be part of IndiaTech because we have moved the needle in the past few months on the narrative and perception of this industry," said Rameesh Kailasam. Cryptocurrency exchange Zebpay and others doing business in India will reportedly be joining IndiaTech, an association aimed at providing regulatory clarity for crypto in the country.According to a Monday report from The Economic Times, executives from some of India’s crypto exchanges said their businesses are considering joining IndiaTech in an effort to pressure the government to regulate crypto, with Zebpay confirming it would be doing so.

No one expected this asset to push Bitcoin's case in the bearish direction

Over the years, Bitcoin has also been subjected to comparison with other assets.

SEC Looks To Implement New Crypto Regulations, Says Commissioner Hester Peirce

Hester Peirce, Commissioner of the US Securities and Exchange Commission (SEC), is hinting that new crypto regulations may be around the corner.

MicroStrategy's BTC Deal, Penalties For Unregistered Crypto Securities + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ____ Investments news MicroStrategy said it has purchased an additional BTC 13,005 for around USD 489m in cash at an average price of USD 37,617 per BTC (at the time of writing, BTC trades at around USD

Trace Network Raises Strategic Investment of Over $1.6 Million From Leading Blockchain Investors

The NFT based enterprise DeFi protocol, Trace Network with its up-and-coming Bling NFT marketplace for luxury and lifestyle products has commenced the launch of its native TRACE token.

Chainlink, AAVE, Sushi: What's the deciding factor for these alts?

As ETH fell over this weekend crash, several DeFi projects follow suit.

Uniswap, EOS and Monero Price Analysis: June 21

It has been a difficult weekend for the crypto market; the global crypto market cap was $1.42 Trillion and there was a 7.9% decline over the last day.

SOLANAX Private Sale - World's Fastest Cross-Chain DEX On Blockchain

Disclaimer: The text below is a press release that was not written by Cryptonews.com. The cryptocurrency world is bombarded with an ever-increasing number of crypto coins or tokens every other day.

Morgan Stanley, Blockchain Capital Lead $48M Investment in Crypto Firm Securitize

Securitize, a platform for issuance and management of digital securities, has raked in $48 million in a Series B funding round. 

Dogecoin Drops 15% as Meme Cryptocurrency Continues Weeks-Long Slide

As a firm crackdown in China has crippled Bitcoin, a broad swath of the crypto markets have tanked alongside the leading coin. 

Nvidia GPU prices in China fall amid crypto mining crackdown

Graphics card prices in China reportedly dropped as much as two-thirds on Chinese e-commerce websites. Amid the ongoing crackdown on cryptocurrency mining in China, prices of graphic cards from major GPU providers like Nvidia and Asus are becoming more affordable. According to a Monday report by South China Morning Post (SCMP), prices of some graphic cards have tumbled as much as two-thirds on Chinese e-commerce platforms after Sichuan province terminated mining operations.Asus’ flagship RTX 3060 card was reportedly down to 4,699 Chinese yuan ($730) on Monday from its peak price of 13,499 yuan ($2,100) in May on JD.com-operated online retail site Tmall.Nvidia's Quadro P1000, a less advanced card, dropped to 2,429 yuan ($380) on a JD.com franchise store, down from a peak of about 3,000 yuan ($470) in early May, the SCMP reported, citing price changes tracked by e-commerce data provider Manmanbuy.The price downturn aligns with a major sell-off on the cryptocurrency market, with Bitcoin (BTC) tumbling to $32,500 amid another wave of FUD in China.Related: Bitcoin hash rate hits 8-month low as Chinese miners power downOn Monday, China’s central bank reiterated the country’s ban on cryptocurrency trading, reportedly urging banks and payment institutions to halt services for accounts associated with crypto trading activity. After banning crypto trading back in 2017, the Chinese government has been toughening its stance on crypto recently, launching a major crackdown on cryptocurrency mining.

Coinbase-backed Securitize secures $48M in Series B funding

Morgan Stanley Tactical Value and Blockchain Capital have led a funding round for Securitize. Morgan Stanley has made its first capital investment foray into the blockchain space, co-leading a $48 million funding for Securitize.According to a release issued on Monday, the Coinbase-backed asset tokenization outfit has completed a Series B funding round that drew participation from Morgan Stanley Tactical Value-managed investment funds and Blockchain Capital.Other participants in the funding round included Sumitomo Mitsui Trust Bank (SMTB), Emin Gün Sirer’s Ava Labs, and venture capital fund IDC Ventures, among others.The oversubscribed Series B round also saw participation from previous Securitize backers like Ripple and Borderless Capital.Monday’s Series B funding announcement comes barely a month after successfully closing a $12.75 million Series B funding round.As with other Securitize capital raises, the Series B investors will receive their shares as digital assets issued by the firm.

What is the worst-case scenario of buying Ethereum right now?

There may be more traders shorting Ethereum at the time of writing, than accumulating.

3 Tons of Bitcoin Mining Rigs Will Reportedly Relocate From Guangzhou to Maryland

Three tons of BTC mining rigs are about to be relocated from Guangzhou to Maryland amid China's recent crackdown.

Ethereum, Solana, Litecoin Price Analysis: 21 June

Growing market volatility could be noticed as altcoins like ETH, SOL, and Litecoin failed to defend their support marks even after experiencing slight price recoveries over the past day.

Why this growth of SUSHI on MATIC should matter to traders

SUSHI was trading at the same level as last week, however, there are metrics that suggest the sentiment and ROI have changed.

Become an equal stakeholder in consensus with PoW on Jax.network

When it comes to Proof-of-Stake (PoS), its primary merit of scaling the blockchain is also a critical point of weakness for it.

Polkadot, VeChain and Tron Price Analysis: June 21

With the Chinese mining crackdown and anticipated regulatory scrutiny, Bitcoin experienced a drop of 7% in the last 24 hours.

MicroStrategy definitely knows how and when to buy the Bitcoin dip

On Monday, Bitcoin opened at a value of  $35,559, after which it slipped to $31,000.

Ethereum, Litecoin, DOGE Miners Run Fewer Rigs Amid Bitcoin Hashrate Drop

Bitcoin (BTC) saw a double-digit drop in its hashrate (the computational power of the network) in a single day following the recent regulatory crackdown in a vital mining region in China, as well as from its June peak.

Introducing “the Fastest DeFi Meme Dog” this Side of the Moon, PDOG

Full name Polkadog, this newly-launched meme coin offers much more than a gimmick to the crypto curious, with multiple opportunities to its holders on top of the returns they can expect from trading.

Binance Smart Chain DeFi Project Impossible Finance Hacked

Yet another DeFi project on the Binance Smart Chain has been exploited.

Bank TSB set to bar 5.4M customers from buying crypto

Bank TSB is set to become the latest financial institution in the United Kingdom to prevent customers from investing in crypto. United Kingdom-based financial institution TSB Banking Group Plc.

PBOC Instructs China’s Banks to Forbid All Cryptocurrency Related Activities Immediately

China’s central bank has sent notice to the country’s financial institutions instructing them to stop dealing with cryptocurrency transactions.

Bitcoin, Ethereum Classic, Theta Price Analysis: 21 June

The cryptocurrency market noted only momentary relief with recovering prices plunging.

All these banks must strictly implement 'Notice on preventing Bitcoin risks'

It's no secret that China is not a fan of cryptocurrencies.

PlanB Outlines ‘Worst Case Scenario’ for 2021 As Bitcoin and Crypto Markets Tumble

Bitcoin is once again moving to the downside – and it’s taking the altcoin market along for the ride.

Google for Blockchains: Unmarshal Launches a Multi-Chain Blockchain Explorer

Imagine relating the ease of searching for information on the world wide web using Google with the blockchain; Unmarshal has launched Xscan.io, the Google for blockchain networks.

Banks fall in line as China’s central bank cracks down on crypto accounts

AgBank — the world's third-largest bank by assets — has indicated it will follow the PBoC’s cue and work to stamp out its clients’ crypto-related activities. The Agriculture Bank of China (AgBank) — the world's third-largest bank by assets — is set to implement Beijing’s firm anti-cryptocurrency measures and rigorously vet its clients to ensure they are not engaged in any form of illegal activities involving crypto transacting, trading or mining.AgBank’s statement today followed the institution’s meeting with the People’s Bank of China (PBoC), which convened major domestic banks and mobile payment service providers and ordered them to ensure that banking and settlement services are denied to clients engaged in crypto-related transactions.

Crypto is the most dangerous investment, Bank of Russia governor says

The governor of the Bank of Russia has maintained a tough stance on Bitcoin despite growing criticism of how the bank has handled digital asset regulation. The Bank of Russia continues its tough stance on cryptocurrency trading despite growing concerns over the country missing out on the digital asset industry. The governor of Russia’s central bank, Elvira Nabiullina, reiterated the bank’s negative stance on crypto in a Monday interview with Komsomolskaya Pravda, arguing that crypto is one of the most dangerous investments that currently exist.Nabiullina mentioned crypto within the context of other high-risk investment spaces like foreign exchange markets.

Retail Momentum on the Bitcoin Network Slows Down by BTC’s Sinking Social Sentiment

Crypto analyst Joseph Young noted that a slow down in retail momentum and miners moving out of China were affecting Bitcoin.

Is the Digital Euro positioned to compete with Bitcoin and Stablecoins?

The concept of a digital economy is no more novel.

Bitcoin Plunges to $32,266 amid the Intensified FUD Sentiment from China

As China has strengthened the supervision of cryptocurrency mining and related trading, fear, uncertainty, and doubt (FUD) sentiment has intensified among investors.

Signature Bank’s Blockchain Payment Platform to Accept Trueusd Stablecoin

As Signature Bank expands its commercial banking offerings, the trueusd stablecoin has been integrated with its Signet blockchain-based digital payment platform to deliver instant dollar payments.

China's Central Bank Cracks Down On Crypto Trading

Source: iStock/杨培培 Today, the People’s Bank of China said that major banks and payment institutions promised they will not engage in crypto-related activities following a meeting with the market regulator. The central bank said it summoned several major financial players, such as Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank, Postal Savings

Iran government reportedly bans local blockchain association

A crypto warning list is the main cause of the ban, according to the head of the Iran Blockchain Community. The Ministry of Interior of the Islamic Republic of Iran has blocked the activities of the Iran Blockchain Community (IBC), but the association claims they still haven’t received direct notice.The Social Affairs Organization of the Ministry required reports on IBC’s financial performance and dealings with cryptocurrency exchanges via a notice posted in local newspaper Hamshahri Online last week, according to local sources.

China's 3rd largest bank 'rugs' BTC: 5 things to watch in Bitcoin this week

A statement threatening account closures for crypto activity causes mayhem before being deleted minutes later as FUD rules supreme on Bitcoin markets this week. Bitcoin (BTC) is lower going into a new week’s trading — Monday has seen a test of levels below $33,000 and bulls are struggling.What could be next? With bullish short-term voices few and far between, it seems that cryptocurrency just isn’t of interest to investors right now.Against a backdrop of macro market uncertainty, low volumes and claims of a bull market top, Bitcoin has a lot to do to convince the market that the good times still lie ahead.Cointelegraph offers five things to consider when charting what might happen to BTC/USD in the coming days.

PandaCash: A Low Risk – High Reward No-Loss Lottery in DeFi Space

Decentralized Finance, DeFi in short – the blockchain-driven revolution in the fintech space continues to grab the headlines.

Dogecoin lessons? Why one shouldn't 'dismiss a good meme'

There are 5350 cryptocurrencies listed on Coinmarketcap.

$1 Billion in Liquidations as Crypto Markets Lose $120B in a Day

The crypto market has faced another volatile trading day, and the total liquidations have jumped to roughly $1 billion.

Spain Bank BBVA Launches Bitcoin Trading Service in Switzerland

Spanish bank BBVA launches a new Bitcoin trading service for its customers based in Switzerland.

Former LA Dodgers owner earmarks $100M for blockchain-based social media

The use of blockchain could discourage bad behavior because people would be tied to their posts forever, Frank McCourt said.

TSB Bank Plans to Ban Cryptocurrency Purchases Due to Increasing Fraud Numbers: Report

TSB, a British bank, is planning to ban cryptocurrency purchases due to fraud concerns.

US Bitcoin Mining Firm Pioneers Alternative Flare Gas Energy

With the spotlight shining strongly on Bitcoin’s energy usage and environmental impact, mining firms are innovating new ways to harness renewable power to produce the next block.

Bitcoin Dumps to $32K as China’s Third-Largest Bank Announced a Ban on Crypto Usage

China's third-largest bank has banned its customers from interacting with bitcoin and other cryptocurrencies, leading to massive price drops.

Goldman Sachs Starts Trading Bitcoin Futures, Taps Galaxy Digital as Liquidity Provider

Goldman Sachs has partnered with Galax Digital to help the US investment bank offer Bitcoin futures products.

Top Analyst Says He’s Investing in One Untapped Altcoin Amid Crypto Correction

Altcoin Daily host and crypto analyst Aaron Arnold is spotlighting a new under-the-radar altcoin, as the crypto markets continue to correct and Bitcoin trades around $35,000.

Bitcoin hashrate hits 8-month low as Chinese miners power down

Bitcoin’s hashrate plummets to roughly 91 EH/s as Sichuan miners close up shop.

$135K for December: Stock-to-Flow Creator Lays out Bitcoin’s ‘Worst Case Scenario for 2021’

The pseudonymous creator of the popular stock-to-flow (S2F) bitcoin price model, Plan B, has published his “worst case scenario for 2021” predictions on social media on Sunday.

Cryptoverse Gets Another Unicorn Despite Market Downturn

Source: Adobe/s_lena Venture capitalists are still pouring hundreds of millions into the infrastructure of the cryptoverse, hoping the whole nascent industry will grow further despite a recent sharp correction in the market. Amber Group (AG), an Asian crypto trading and technology firm, is now the latest example of this trend and the latest crypto unicorn, or the company that reached USD 1bn

'You're a moron if you sell' your Apple stocks and Bitcoin because...

Bitcoin, for a very long time, has been facing a lot of skepticism over the last decade.

Bitcoin is ‘own worst enemy' and will lose to Ethereum: Charles Hoskinson

Bitcoin is too slow when compared to Ethereum and other proof-of-stake networks, argued Cardano founder, Charles Hoskinson.

China Shutdowns Over 90% BTC Mining Capacity, Sichuan BTC Sites Massively Blackout

China intensified law enforcement against domestic Bitcoin mining activities.

Beyond Bitcoin and Ethereum – Value Drivers Advancing Blockchain Adoption

In addition to being a distributed database of records enabling digital innovation in the financial markets via cryptocurrency, blockchain technology has attracted the gaze of the business fraternity for quite some time now.

Cardano, Polkadot: Why these 'Ethereum killers' are ranked higher than ETH in this regard?

Lately, the market has been bullish on tech developments as altcoins are racing to make their ecosystems more technically developed.

XRP, Cardano, Shiba Inu Price Analysis: 20 June

While Bitcoin did not make much recovery post the Jun 18 dip, some other altcoins struggled to do the same.

This will be another nudge for Bitcoin miners to use green energy

The American House of Representatives recently passed legislation requiring publicly listed companies to disclose Environmental, Social and Governance (ESG) metrics.

What does Polkadot's descending triangle mean for its price

Polkadot's correlation coefficient with Bitcoin has steadily increased in the first half of 2021.

4 reasons why Paul Tudor Jones' 5% Bitcoin exposure advice is difficult for major funds

Major funds are probably interested in Bitcoin and altcoins, but four significant hurdles are preventing them from investing.

Paraguayan Lawmaker to Present Bitcoin Legislation Next Month — Aims to Make Paraguay Global Crypto Hub

A pro-bitcoin congressman in Paraguay says he will present bitcoin legislation in congress next month with the aim to make Paraguay a hub for cryptocurrency investors worldwide.

For XRP, is an additional sell-off on the cards? What then?

It has been a month since the crypto crash but the market has shown no clear signs of recovery just yet.

Dogecoin Asset of the Year, Says Crypto Exchange CEO – Here’s Why

The 29-year-old billionaire CEO of crypto derivatives exchange FTX considers the meme cryptocurrency Dogecoin (DOGE) the asset of the year.

Ethereum: When can you expect a rally based on this metric?

Top altcoin ETH was trading at the $2200 level and below $3000, ETH is undervalued.

Sichuan Mining Farms Begin to Shut Down — Seven-Day Stats Show Bitcoin’s Hashrate Plummeting

The hashrate of the Bitcoin network has been steadily falling since June 14 and after Sichuan miners were told to prepare operation shutdowns.

Ripple Settlement Coming? Legal Expert Reveals When XRP Lawsuit Could Conclude

Crypto legal expert and Ripple supporter Jeremy Hogan is hinting at when the San Francisco-based payments company’s lawsuit with the US Securities and Exchange Commission (SEC) may conclude.

XRP Lawsuit effect? 'I hope that we can provide clarity in a few areas'

The question of Cryptocurrency regulations is now when and how.

Top 5 cryptocurrencies to watch this week: BTC, ADA, THETA, XMR, AMP

If Bitcoin price remains in the current range, ADA, THETA, XMR and AMP could bounce higher over the coming days.

Crypto Giant Grayscale Exploring Support for Solana, Polygon and 11 Other Altcoins

Crypto investing giant Grayscale is considering adding 13 different altcoins to their holdings to offer as investment products.

Polkadot, Solana and Chainlink Price Analysis: June 20

The global crypto market cap was at $1.53 Trillion and a 1.5% decline over the past day was noticed.

$71B in crypto has reportedly passed through ‘blockchain island’ Malta since 2017

The Financial Action Task Force, a membership body of 37 jurisdictions and two regional organizations, has flagged Malta’s initial push to attract cryptocurrency business as “problematic.” Malta’s strategy to become a global enclave for digital assets appears to be working, though lax regulatory oversight has raised concerns over money laundering and other financial crime. Roughly $71 billion, or 60 billion euros, worth of cryptocurrencies have passed through Malta since the tiny Mediterranean state first adopted its “blockchain island” strategy in 2017, the Times of Malta reported Sunday.

Every quad witching, this Chainlink price trend can be observed

LINK-powered projects have garnered support from several influencers since the last price rally.

Binance Coin, Dogecoin, Litecoin Price Analysis: 20 June

At the time of writing, Bitcoin had fallen 3.9% in just the past hour, reaching $33,700 before making a reversal and trading at $34,000.

Bitcoin Hashrate Falls 17% Overnight After China Mining Crackdown

The Bitcoin network’s hashrate slowed after authorities in China’s Sichuan province cut the power on 26 mining farms.

Dogecoin vs the odds: What could happen next?

With the global cryptocurrency market depending on Bitcoin's movement since 19 May, altcoins have predominantly oscillated between their major support and resistance marks due to the king coin's fluctThe post Dogecoin vs the odds: What could happen next? appeared first on AMBCrypto.

How smart regulation can improve the future of blockchain

Regulatory bodies must evolve with the markets they regulate, and when it comes to the crypto market, it becomes especially important. With extreme positions on both sides, some would have us believe that decentralized technology and regulation are mutually exclusive.

Bearish or Bullish? Bitcoin Traders Argue Over Death Cross Outcome

On Saturday, cryptocurrency analysts and traders have been discussing bitcoin’s recent chart patterns and the infamous death cross pattern has been a topical conversation.

Bitcoin Volatility in July? 16K BTC Unlocking on Grayscale Coming Up

The impending unlocking of over 16,000 bitcoins through Grayscale's trust in mid-July could bring enhanced volatility in the crypto markets.

Ethereum, Matic, Aave Price Analysis: 20 June

Altcoins like ETH, MATIC, and AAVE began to consolidate after a brief market crash on 18 June, when Bitcoin’s price fell by 3.55%.

Bitcoin hashrate & miners: The good and bad you need to know

"Drop down" seems like a trend for Bitcoin at the moment: From its price 'dropping down' over the past few days, with Social Sentiment was also seen dropping since May 19th.

This level would be a crucial point for Binance Coin

For more than a week now, Binance Coin has oscillated between a tight channel of $380 and $320 despite sharper fluctuations in Bitcoin's price.

Tehran Government Bans Iran Blockchain Association

The Ministry of Interior of the Islamic Republic has suspended the Iran Blockchain Association (IBA).

When is the right time to buy Bitcoin?

'Resist the urge to close down positions.