Nigerian minister: Binance executive's prison conditions are appropriate
Mohammed Idris, Nigeria's Minister of Information and National Orientation, stressed that Gambaryan enjoys full consular support from his home government.
Digital Chamber of Commerce weighs in on IRS Form 1099-DA
The Digital Chamber of Commerce proposes adding a field to the form for intermediaries to indicate whether a digital asset has a different tax rate to avoid errors and ensure accurate reporting.
Hong Kong seeks global feedback on virtual assets
Hong Kong's Legislative Council is actively seeking feedback on several critical aspects of Web3 policy development, including the balance of technical, legal and regulatory frameworks.
1,590 CoinStats crypto wallets 'affected' by security breach
Cryptocurrency portfolio manager CoinStats has assured users that the security breach has been "mitigated" and that it will provide updates in due course.
“Asset tokenization would reach $2 trillion by 2030”: McKinsey. According to a report from the global consulting firm, “mutual funds, bonds and loans will be tokenized in waves.”
“We believe that the viability of tokenization is greater for asset classes with lower technical complexities and considerations,” the company details about those also known as RWA (real world assets).
Do you share McKinsey's opinion?
🔥 Yes okay, RWAs have potential. 🤔 I need to know more. 🚀 To the moon.
Two Ethereum ETFs reveal what their fees will be to the public. Asset managers VanEck and Franklin Templeton disclosed their initial investments and stipulated commissions. 💰
The details were disclosed in the S-1 forms, delivered to the United States Securities and Exchange Commission (SEC), yesterday, June 21, the deadline established by the entity to receive these documents. 🧐
How do you think the receptivity of these ETFs will be in the market?
🔥 Millions of dollars are coming. 👀 They will not be as big as BTC ones. 🤔 We have to wait.
US banking crisis threatens to spread to Japan. Asian financial entities report deteriorations in their balance sheets, while facing a reconfiguration of the market. 🤔
Norinchukin Bank reported losses due to low yields on foreign bonds. On the other hand, banks also fear a possible exodus of deposits towards digital competitors.
Do you think a financial crisis like the one in 2008 is coming?
👀 It's the safest thing. 👌🏻 It's okay, everything will be fine. 🥰 No matter what happens, bitcoin will win.
📢 US Spot Bitcoin ETFs Record $545 Million Outflow: Warning Sign or Buying Opportunity?
According to recent data, US spot Bitcoin ETFs recorded a total outflow of $545 million in just 4 days. This massive withdrawal in a short period of time has raised concerns about investor confidence and Bitcoin's short-term performance. In this article, we explore the possible…
3 reasons why BTC price is struggling to recover $64K
Declining Bitcoin Spot ETFs Affect BTC Price Investors' risk-averse sentiment is evident in Bitcoin spot ETFs, where investors have been withdrawing their capital for days. On June 19, spot Bitcoin ETFs in the US recorded capital outflows for the fifth consecutive day, bringing total withdrawals for the week to $900 million. This is the highest outbound activity since late April. Decreased network activity supports Bitcoin decline
Is Germany behind the fall in the price of BTC and the crypto market?
Some traders say BTC selling in Germany is behind this week's drop, but a negative reaction to worrying macroeconomic data is the likely culprit. The total cryptocurrency market capitalization plummeted 3.9% between June 20 and 21, approaching its lowest level in five weeks, with a value of USD 2.34 trillion. This fall affected all the currencies in the top-10, with Bitcoin BTC
· USDT: Tether has not obtained the EMI license, nor is it considering having one in the medium term according to its CEO, and is still in talks with Europe.
· USDC: Circle already has the EMI license in France, and would be OK to operate under MiCA with its USDC and EURC tokens.#CryptoTradingGuide $USDC