Goldman Sachs cuts Coinbase price target and downgrades it to ‘sell’ June 27, 2022 Goldman Sachs reduced Coinbase’s price target from $75 to $40 and cut its rating to “sell” from “neutral” as the crypto market experiences a severe rout. In a report today, the banking giant cited falling cryptocurrency prices and lower industry activity for the downgrade. “We believe current crypto asset levels and trading volumes imply further [...]
‘What is cryptocurrency?’ is the world’s most Googled crypto question June 27, 2022 “What is cryptocurrency” is the most Googled question regarding crypto, a new study reveals.
Hedge funds short Tether after Terra crash June 27, 2022 Hedge funds have Tether in their crosshairs as they keep betting against the stablecoin following TerraUSD’s collapse last month. Larger numbers of traditional hedge funds are shorting Tether, the world’s biggest stablecoin, through major crypto brokerage Genesis Global Trading Inc., the Wall Street Journal said. “There has been a real spike in the interest from [...]
Bitcoin price holding above $20k, but its dominance over crypto market is falling June 27, 2022 The price of Bitcoin was around $21,400 this morning, roughly flat over the past 24 hours and up three per cent since this time last week.
How the government needs the private sector to test digital currencies June 26, 2022 Project New Era is a privately-led, cross-industry initiative that will evaluate a future digital currency ecosystem in the UK.
Jamie Bartlett – on the trail of the missing ‘Cryptoqueen’ June 24, 2022 From the Crypto AM magazine, journalist Jamie Bartlett talks about his three-year search for the missing 'Cryptoqueen' - Ruja Ignatova.
Matt Hancock calls for ‘attractive’ tax regime to boost UK crypto sector June 23, 2022 Matt Hancock has called for the introduction of an “attractive” tax system and “liberal” regulatory regime to help the UK become "the jurisdiction of choice for crypto".
Cristiano Ronaldo signs for Binance June 23, 2022 Cristiano Ronaldo has signed up with crypto platform Binance to kick off an exclusive, multi-year NFT partnership.
Zumo appoints digital visionary Clark Povey as Operations Director June 23, 2022 Edinburgh-based crypto platform Zumo has appointed 'digital visionary' Clark Povey as its new Operations Director.
Singapore will clamp down on bad behaviour in crypto market June 23, 2022 Singapore’s regulators will crack down on bad behaviour in the crypto industry, the chief fintech officer of the country’s central bank has warned. Sopnendu Mohanty at the Monetary Authority of Singapore (MAS) questioned the need to be friendly to the crypto industry. “We have no tolerance for any market bad behaviour. If somebody has done a bad [...]