Working up a sweat to earn cryptocurrency June 28, 2022 Crypto AM meets Oleg Fomenko, co-founder of Sweatcoin, who says the app has now been fully 'battle tested'.
Crypto markets flat as European stock markets open higher June 28, 2022 The price of Bitcoin (BTC) continues to hold at above $20k, down around 1.7 per cent to $21,037 this morning.
FCA laments the high number of financial crime ‘red flags’ missed by crypto firms June 27, 2022 The Financial Conduct Authority said many crypto firms that have applied to register under money laundering regulations miss financial crime “red flags” and have inadequate controls. A spokesperson for the FCA said to City A.M.: “We have seen too many financial crime red flags missed by the cryptoasset businesses seeking registration.” Some firms do not [...]
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 [...]
Short Bitcoin ETF launches after ‘enormous outflows’ led to crypto crash June 27, 2022 Data from CryptoCompare shows the price of Bitcoin was slowly recovering throughout last week, moving from around $20,000 to around $21,500.
‘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.