Cryptocurrency Financial News
09.12 / 11:21
cryptocurrency
Money
Bitcoin
Allowing cryptocurrency may erode central bank's control over money supply: Former RBI Guv Duvvuri Subbarao
Former Reserve Bank of India Governor Duvvuri Subbarao has said the central bank could lose control over money supply and inflation management if cryptocurrency is allowed in the country.
09.12 / 10:25
business
cryptocurrency
Jail
Proposed India bill banning crypto payments could mean jail for violations: Report
Proposed legislation that would ban the use of cryptocurrencies as a method of payment in India also seeks to make those who infringe the law subject to arrest without a warrant and being held without bail, according to a source and a summary of the bill seen by Reuters.
09.12 / 06:53
cryptocurrency
CEO
Bitcoin
Cryptocurrency Prices today on December 9: Bitcoin falls marginally while Ethereum, Terra rise
The global crypto market capitalisation fell by 0.04 percent over the last 24 hours to stand at $2.36 trillion. Bitcoin, currently trading at $49,893.84 saw a fall in its market dominance by about 0.60 percent over the last day to stand at 39.91 percent.
09.12 / 04:19
cryptocurrency
cryptos
Crypto is the ‘top contender’ for correction, money managers say
cryptocurrencies were finally embraced by institutions. Now those same money-managers say the asset class is ripe for a big selloff next year.
09.12 / 03:17
cryptocurrency
Legal
Bitcoin
CCP
Crypto users
Regional CCP Chief Arrested Over Crypto Links as China Hunts Crypto Users
A high-flying regional Communist Party official who was expelled from the party last month for allegedly supporting crypto miners has been arrested. Meanwhile, individuals are being caught sending money abroad using crypto.
08.12 / 23:05
cryptocurrency
regulation
Russian Senate, Gov’t Ministries & Central Bank to Create Crypto ‘Working Group’
The Russian parliament’s upper house, the Federation Council (the equivalent to the American Senate), is stepping up its crypto regulatory efforts – and wants to get involved in the creation of new laws pertaining to the sector.
08.12 / 19:25
cryptocurrency
Adoption
Europe
Bitcoin
Central Banks Test CBDC as 'Multiple Assets and Currencies' Coming For Them
Competing systems for settlement of “multiple assets and currencies” may emerge, and it is the job of central banks to ensure the maintenance of “equitable access” to central bank-issued money, a new report from the Bank for International Settlements (BIS) has said.
08.12 / 18:29
cryptocurrency
crypto assets
This top token has surged 15,000% in one year. Does it have more steam left?
It now has a market capitalisation close to $26 billion, more than that of Dogecoin, Shiba Inu, Avalanche, Polygon and Crypto.com Coin. It could overpower Polkadot, which has a market cap of nearly $29 billion. Terra has been one of the best performing cryptocurrencies in 2021. The digital token has rallied more than 15,000 per cent in the last one year. It hit an all-time high of $75.56 from less than half a dollar a year ago.
08.12 / 18:02
cryptocurrency
LGBT
As infections soar, Poland struggles to counter anti-vax sentiment
As Hanna Zientara, 83, emerged from subfreezing temperatures into a vaccine centre in Warsaw for a booster shot against COVID-19, her 30-year-old grandson was starting a vacation in Tenerife — unvaccinated and stubbornly refusing her repeated pleas to protect himself.
08.12 / 15:33
cryptocurrency
VISA
Money
Bitcoin
Visa launches cryptocurrency advisory arm to help clients navigate digital currency and NFTs
Visa, the world's largest payment processor, has launched a global crypto advisory service to help clients such as banks and also merchants, as the adoption of digital currencies gains steam.
08.12 / 15:26
cryptocurrency
inflation
pandemic
Bitcoin
Crypto is a ‘Fantastic Hedge’ Against Bubble in Bonds - Pantera’s CEO
Investing in crypto is a “fantastic hedge” against a bond market that will get destroyed once the US Federal Reserve stops its asset purchases, Dan Morehead, CEO of the crypto investment firm Pantera Capital, wrote in a recently published note.
08.12 / 14:37
cryptocurrency
UK PM Boris Johnson under fire amid allegations of Christmas party during lockdown
The Westminster leader of the Scottish National Party has called for British Prime Minister Boris Johnson to resign, following the release of a video showing senior government aides joking about a Christmas party which is alleged to have taken place at 10 No. 10 last year amid coronavirus restrictions.
08.12 / 14:01
Ethereum
cryptocurrency
Bitcoin
Jail
bail
India's crypto ban bill could mean arrest and jail without a warrant or bail for violations
Proposed legislation that would ban the use of cryptocurrencies as a method of payment in India also seeks to make those who infringe the law subject to arrest without a warrant and being held without bail, according to a source and a summary of the bill seen by Reuters.
08.12 / 12:57
cryptocurrency
regulation
Bitcoin
CIA Running a ‘Number of’ Active Crypto Projects, Director Claims
The Central Intelligence Agency (CIA) Director William Burns has admitted that his agency has “a number of different projects focused on cryptocurrency” in progress – and claimed that his predecessor Gina Haspel had “started” the CIA ball rolling in the crypto sphere. What is more, the agency is feeding its crypto “information” to “other parts” of the American government, Burns said.
08.12 / 12:29
cryptocurrency
Provident
Digital
Australia Proposes New Laws To Regulate Crypto, BNPL
The use of cryptocurrency has exploded in Australia during the pandemic.
08.12 / 12:23
cryptocurrency
NFT
defi
Human-Driven AI Venture Humans.ai Prepares For Its IDO On Polkastarter
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
08.12 / 12:23
cryptocurrency
Adoption
VISA
banking
Visa Doubles Down on Its Crypto Bet, Launches Crypto Consulting Service
Multinational financial services giant Visa is pushing deeper into the booming crypto market, launching crypto advisory services to help clients understand various segments of the crypto industry.
08.12 / 12:11
cryptocurrency
Prime Minister
Culture
Finland's Sanna Marin 'very sorry' for night out after close contact with COVID-19
Finland's Prime Minister Sanna Marin has apologised for visiting a nightclub after coming into contact with COVID-19.
08.12 / 12:05
cryptocurrency
Culture
War crimes
Olaf Scholz to become Germany's new chancellor as Merkel bows out
Olaf Scholz will become Germany's new chancellor on Wednesday with a vote in parliament that the SPD leader and his liberal and green allies are expected to comfortably win.
08.12 / 11:21
cryptocurrency
Ether price
Crypto exchanges
Bitcoin Price
Top cryptocurrency prices today: Traders book profit in Bitcoin, Ether; Cardano slips 6%
cryptocurrency cart witnessed profit booking after a strong rebound during the previous day as investors rushed to the equity markets amid ease in Covid Barring Terra and Polkadot, all other nine out of the top 10 digital tokens were trading lower at 9.30 IST. Cardano, XRP and Solana tanked 5-6 per cent each.
08.12 / 10:19
cryptocurrency
Trading
stock market
Bitcoin
AIM
recovery
Bitcoin extends recovery as bulls aim for $55,000
Bitcoin edged higher for a third day following this weekend's flash crash, with chart watchers suggesting the rally may push the largest cryptocurrency back to around $55,000. The coin rose as much as 2.9% to $51,590 on Tuesday, while other smaller tokens also advanced.
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