Archive for March 2023
Binance.US Temporarily Halts BUSD Deposits And Withdrawals
On March 31, Binance.US, a US-based subsidiary, announced that it had temporarily suspended trading for stablecoin pairs involving Binance USD (BUSD) through One Common Billing System (OCBS). The suspension was due to an ongoing investigation by the Commodity Futures Commission (CFTC) into potential violations committed by the exchange. The decision to halt services came amidst…
Read MoreBitget in 2023, A Review
Bitget is a cryptocurrency exchange platform established in 2018 that offers different services and products, specializing in futures trading and copy trading services. The platform boasting over 8 million users across 100 countries and regions is designed to make crypto trading easier for all users. The easy-to-use features combined with high visibility and brand recognition…
Read MoreBitcoin Price Reclaims $28,000 As Core PCE Comes Cooler Than Expected
Today, March 31, is of utmost importance for the Bitcoin price for three reasons: the quarterly settlement day for Bitcoin options, the release of the Personal Consumption Expenditure (PCE) price index in the US, and the monthly close candle for BTC, which could herald a breakout from the bear cycle. The former has already happened.…
Read MoreUS Accountants Ready To Invest In Blockchain, AI Tools Like ChatGPT
In a recent Intuit survey, accountants in the United States have recognized the impact of technology on their businesses. Nearly half of those surveyed are ready to splash on blockchain and artificial intelligence (AI) solutions to grow and serve their clients better. Accountants Are Pro-Technology In a press release on March 29, The Intuit QuickBooks…
Read MoreWill Greenpeace Change Its Mind On Bitcoin Now? New Report
Greenpeace’s smear campaign against Bitcoin has picked up steam again in recent days. Greenpeace published an article in which the environmental organization called on major financial services firms like Fidelity to acknowledge Bitcoin’s climate impact and “take responsibility for the issue.” In addition, the Greenpeace-commissioned Bitcoin Skull caused a stir as part of the “Change…
Read MoreAnalyst Breaks Down Impact Of MicroStrategy Buys On Bitcoin
A research firm has broken down how the Bitcoin price has reacted to purchases Michael Saylor’s MicroStrategy has made over the years. MicroStrategy’s Bitcoin Purchases Have Been Followed By Negative Price Action K33 Research, formerly Arcane Research, has released a new analysis piece that looks into how the market has been impacted by each buying…
Read MoreWhy This Is The Best Time To Buy The Crypto, According To R. Kiyosaki
Bitcoin, gold, and luxury brands have just been given a thunderous stamp of approval from none other than Robert Kiyosaki, the well-known author of the personal finance book “Rich Dad Poor Dad.” In a bold move that could revolutionize the way people invest their money, the financial guru is urging investors to act quickly and…
Read MoreRussia Postpones Launch Of Digital Ruble Indefinitely
The scheduled trial of Russia’s digital ruble has been postponed; it was due on April 1. This is because the regulatory framework necessary for the pilot to proceed is yet to be adopted, as the state-owned news agency TASS reports. As per the same report, the legislation concerning CBDC (Central Bank Digital Currency) could be…
Read MoreAustralia Seeks To Accelerate Regulation Of Crypto Sector
On Wednesday, Australian opposition senator Andrew Bragg introduced a new bill to the country’s parliament to implement a licensing regime for crypto exchanges. If passed, the bill would require Australian crypto exchanges to obtain a license to operate legally, bringing them in line with other financial service providers in the country who are also subject…
Read MoreWar On Crypto Intensifies: SEC Charges Another Company
The Securities and Exchange Commission’s (SEC) crackdown on the crypto industry shows no signs of slowing down. The regulator continues to target firms and major players in the sector. In the latest move, the SEC has filed charges against Beaxy, a cryptocurrency platform, and its executives. The SEC alleged that Beaxy failed to register as…
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