Tags : faces

Regulation

Tether (USDT) faces criminal probe in the US, report says

Tether (USDT) FUD surrounding the stablecoin’s issuance could have a new chapter in the form of criminal charges, which would mark a major development in the US government’s crackdown on crypto. The US Department of Justice (DoJ) investigation is focused on conduct that occurred years ago, scrutinizing whether Tether failed to disclose to banks that […]Read More

Regulation

Crypto bank BlockFi faces regulatory block in New Jersey

The New Jersey Bureau of Securities has filed a cease and desist order against cryptocurrency lending company BlockFi, prohibiting it from accepting new clients for the firm’s Interest Account service in the corresponding jurisdiction. No BlockFi in New Jersey Forbes initially broke the news earlier today, citing a draft press release from the New Jersey […]Read More

Regulation

After UK and Cayman Islands, Binance now faces regulatory concerns

Regulatory pressure surrounding Binance keeps increasing as Italy joins the club of jurisdictions that issued notices referring to the biggest crypto exchange by trading volume. Italian government authority, responsible for regulating the country’s securities market, Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that states Binance is unauthorized to provide services […]Read More

Bitcoin

Bitcoin faces ‘death cross’ if bulls don’t step up

Crypto YouTuber Lark Davis points out that Bitcoin is headed for a death cross “unless something changes soon.” At the current trajectory, the bearish technical pattern will occur in mid-June. Unless something changes soon for #bitcoin then we could be staring down a death cross in mid June!!! pic.twitter.com/K3pkvNrnPx — Lark Davis (@TheCryptoLark) June 4, […]Read More

Bitcoin

Bitcoin Bull Run Faces Exhaustion Risks from Ongoing US Bond

Bitcoin prices printed themselves new record highs all Wednesday, but the cryptocurrency risks finding its potential tipping point against an ongoing US government bonds sell-off. High prices and thin yields on Treasury bonds provided critical support for Bitcoin since the coronavirus-induced global market rout last March. But, against the prospects of higher inflation, yields have […]Read More