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Old news suddenly gets picked up on social media, sparking an instant crypto price crash. Bitcoin (BTC) suddenly lost $2,000 in an hour on Sept. 24 as what appeared to be old news over a Chinese regulatory ban hit social media. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin vs. China: Don’t believe the “FUD” […]

The Chinese central bank sets up a “coordination mechanism” with state agencies to continue battling crypto. The Chinese government is getting more serious about cracking down on the cryptocurrency industry as state authorities are bringing forces to combat crypto operations in the country. The People’s Bank of China (PBoC) officially announced on Sept. 24 a set […]

The Central Bank of Russia has recently expanded its database of financial market players suspected of illicit activities. Several crypto companies have been added to the list along with entities bearing signs of Ponzi schemes, as well as illegal credit organizations and forex dealers. Central Bank of Russia Blacklists Crypto Platforms As part of its […]

Bhutan’s central bank, the Royal Monetary Authority (RMA), has partnered with Ripple to use its infrastructure to pilot a central bank digital currency. According to an announcement from Ripple, the move is set to expand the country’s financial inclusion efforts and extend its commitment to sustainability as it aims to become the only carbon-negative country […]

Hong Kong-based cryptocurrency exchange Crypto.com announced that it has formed a partnership with the Philadelphia 76ers, becoming its official jersey logo-designated sponsor. (Read More)

Dormant Bitcoin supply for at least one year bottomed out at 54.2%, indicating that a large portion of BTC was stored in the cold storage. (Read More)

The Chinese government once again stepped up its suppression of cryptocurrency transactions, and the Chinese central bank stated that all cryptocurrency-related transactions are illegal. (Read More)

Input Output (IOHK), the blockchain development firm behind the Cardano blockchain, has announced that it is bringing certified dApps on the project, with a matching storefront for the selections. The new storefront will be called Plutus dAppStore, and will feature similar functionality to how comparable app stores work on other ecosystems such as mobile and […]