CryptoNews

Report: Cyprus Mulls Imposing Hefty Fines on Unregistered Crypto Service Providers – Regulation Bitcoin News

October 12, 2023
Crypto firms that operate in Cyprus without registration may soon be fined as much as $350,000 while individuals behind such firms could face up to five years in jail. The Finance Ministry says its proposals, which are included in a draft recently submitted to parliament, seek to align the country’s laws with the standards set by the Financial Action Task Force. Draft Sent to Parliamentary…
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CryptoNews

Bitcoin, Ethereum Technical Analysis: BTC Hits 10-Day Low, Caroline Ellison Confirms Fraud on Behalf of SBF – Bitcoin News

October 12, 2023
Bitcoin slipped to a ten-day low in today’s session, as the trial of Sam Bankman-Fried (SBF) continues. Caroline Ellison, the former CEO of Alameda Research, alleged that she committed fraud at the behest of SBF. Markets also declined ahead of the upcoming U.S. Producer Price Index, which is a key gauge of inflation. Bitcoin Bitcoin (BTC) moved lower for a fourth straight day, with many traders…
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CryptoNews

Crypto Aid Israel Fundraiser to Help Victims of Hamas Assault – Bitcoin News

October 11, 2023
Members of Israel’s Web3 community have launched Crypto Aid Israel, a fundraiser in support of those affected by the conflict with Hamas. The goal is to attract cryptocurrency donations to relieve the humanitarian situation of thousands of Israelis displaced by the surprise attack of Palestinian militants from Gaza. Web3 Firms Unite in Crypto Aid Israel Initiative Amid War With Hamas A group of…
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CryptoNews

Bitcoin Stands Apart in the Crypto Economy, Fidelity Digital Assets Report Says – Bitcoin News

October 11, 2023
A new report from Fidelity Digital Assets argues that Bitcoin is fundamentally different from other digital assets and should be evaluated separately when constructing crypto investment portfolios. Fidelity Digital Assets Highlights Distinctive Value and Assessment of Bitcoin in Crypto Portfolios The globe’s third-largest asset manager, boasting a staggering $4.24 trillion in discretionary…
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