Tag: fails

Russian government fails to forge a consolidated stance on crypto regulation

[ad_1] On Feb. 18, the Russian Ministry of Finance kicked off public consultations on the rules of cryptocurrency issuance and transactions. While a welcome development, it is less than the country’s crypto space had expected to get. Earlier in the week, the government announced that by Feb. 18, a bill containing the finance ministry and central bank’s consolidated position on crypto regulation would be drafted. Updated estimates suggest that it will take at least another month for draft legislation to see the light. The main reason for the delay appears…

Read More

Bitcoin fails to beat resistance as $40K stays out of reach into weekly close

[ad_1] Bitcoin (BTC) faced down $40,000 on Feb. 27 as hopes for the weekly close hinged on avoiding a fourth red monthly candle in a row. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Tensions mount for TradFi markets open Data from Cointelegraph Markets Pro and TradingView showed BTC/USD making several attempts to break out of the $30,000-$40,000 corridor Sunday, all of which ended in rejection. The pair had stayed broadly higher throughout the weekend, cutting traders some slack after a week of volatility at the hands of geopolitics and media headlines.…

Read More

Eth2 rebrands to Consensus Layer, Elon Musk fails to boost DOGE, YouTube gaming head switches to Polygon Studios: Hodler’s Digest, Jan 23-28

sysadmin

[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Analysts say Bitcoin’s bounce at $36K means ‘it’s time to start thinking about a bottom’ Bitcoin had a turbulent week, its price dropping as low as $33,300 and surging as high as $38,000 before retracting back to the $36,000 region at the time of…

Read More

Russia Fails to Act on Request to Help Freeze Millions in Crypto Withdrawn From Wex Wallet – News Bitcoin News

sysadmin

[ad_1] The Russian Ministry of Interior has rejected a request filed by clients of Wex to do its part in the blocking of crypto funds removed from a wallet controlled by the now-defunct crypto exchange. Over 10,000 ETH have been recently withdrawn from the wallet and transferred to other platforms. Wex Victims Try to Freeze $46 Million of Cryptocurrency Lost to Bankrupt Russian Exchange The Investigation Department of the Ministry of Internal Affairs of Russia (MVD) has refused to act on a request from victims of crypto exchange Wex to…

Read More

Why Bitcoin Bears Should Beware Fails

sysadmin

[ad_1] There will always be people who criticize creators of breakthrough technologies. And their criticisms may affect no one or millions depending on their reach. However, the loudest are often leaders in their fields and influential because of their work. These innovation antagonists oppose any who attempt what they deem impossible and ridicule those behind the most important inventions of their time. But their predictions age poorly as they are soon doused by the wave of adoption that follows their comments. As Bitcoin steadily becomes one of history’s most impactful…

Read More

Binance Abruptly Delists South African Rand Trading Pairs After Currency Fails to Meet ‘High Level Standard’ – Exchanges Bitcoin News

sysadmin

[ad_1] In an abrupt move, Binance South Africa announced on March 31 that all South African rand (ZAR) trading pairs will be delisted on April 2. The crypto exchange adds in a statement that “all trade orders will be automatically removed after 10.00 UTC on April 1” in each respective trading pair. Binance concludes by requesting users to withdraw all funds before the 10.00 UTC deadline. ZAR No Longer Meets the Standard In justifying the decision, Binance South Africa states that it “periodically reviews each digital asset we list to…

Read More