Cryptocurrencies News
- Reuters
(Reuters) – Tether, the world’s largest stablecoin by market value, says it has has completely eliminated commercial paper from its reserves and has replaced those investments with U.S. Treasury bills.
- Bob Mason
It has been a bearish morning for the crypto market, with Fed fear resurfacing as investors await the US CPI report that could deliver another sell-off.
- Reuters
SHANGHAI (Reuters) – Transactions using China’s digital yuan surpassed 100 billion yuan ($13.9 billion) as of Aug. 31, China’s central bank said on Wednesday, as the country continues its roll-out of a central bank digital currency.
- Reuters
By Kevin Buckland TOKYO (Reuters) – The dollar rose to a fresh 24-year high against the yen on Wednesday, moving above levels that prompted intervention by Japanese officials last month, as traders braced for U.S. inflation data and its impact on further Federal Reserve rate hikes.
- Reuters
(Reuters) – Banks that accept deposits from cryptocurrency companies should be aware of increased liquidity risks, particularly if firms are highly interconnected with other digital asset businesses, said Michael Barr, the Federal Reserve’s vice chair of supervision, on Wednesday.
- Reuters
(Reuters) – Cryptocurrency platform Crypto.com will set up its European regional headquarters in Paris, the Singapore-based company said on Wednesday.
- Bob Mason
The crypto market found much-needed support this morning. However, while crypto news was positive, downside risks linger for the day ahead.
- Reuters
By Yousef Saba DUBAI (Reuters) – Crypto investment products firm 21.co said on Wednesday its subsidiary 21Shares AG has listed a bitcoin exchange-traded product on Nasdaq Dubai, making it the Middle East’s first physically-backed bitcoin ETP.
- Reuters
By Jody Godoy (Reuters) – Grayscale Investments said in a court filing Tuesday that the U.S. Securities and Exchange Commission set the bar too high for spot bitcoin exchange-traded funds, which have so far not been approved for listing on U.S. exchanges.
- Reuters
(Reuters) – The U.S. Treasury Department said on Tuesday that cryptocurrency exchange Bittrex Inc was fined about $53 million to settle “apparent violations” of U.S. sanctions on certain countries and anti-money laundering laws.
- Reuters
By Huw Jones LONDON (Reuters) – Britain’s financial services minister said on Tuesday that a lengthy delay in issuing a digital pound would create problems for finance and the economy.
- Reuters
(Reuters) – Bank of New York Mellon Corp is adding cryptocurrencies to assets that it holds as a custody manager, as it looks to attract a diverse set of investors and traders by tapping into the popularity of bitcoins and ethers.
- Reuters
By Hannah Lang (Reuters) – It’s not easy being a crypto investor.
- Reuters
LONDON (Reuters) – China is using its financial and scientific muscle to manipulate technologies in a manner that risks global security, Britain’s top cyber spy will say on Tuesday, warning that Beijing’s actions could represent “a huge threat to us all.”
- Reuters
By Huw Jones LONDON (Reuters) – Cryptoasset companies should set aside capital like banks when undertaking similar activities, regulators proposed on Tuesday in their first global rules as a “crypto winter” wiped $2 trillion off the sector, leaving investors nursing losses.
- Reuters
By Huw Jones LONDON (Reuters) – The European Union’s securities watchdog has asked Britain about recent extreme moves in UK government bond yields and is monitoring for “spillovers” into the bloc, its chair Verena Ross said on Monday.
- Bob Mason
The IMF/World Bank meetings will draw market interest this week. With the Fed eying a more aggressive rate path, updates could weigh on riskier assets.
- Bob Mason
The crypto market ended the week in positive territory despite four consecutive sessions in the red. US inflation will be the focal point this week.
- Bob Mason
It was a Friday of mixed fortunes for the crypto market. While XRP continued to trend higher, the US jobs report tested crypto investor appetite.
- Reuters
LONDON (Reuters) – Hackers have stolen around $100 million worth of cryptocurrency from a Binance-linked blockchain, Binance CEO Changpeng Zhao said in a tweet on Friday.