Crypto news

A major cryptocurrency crash has wiped away the gains made in the last three weeks, sending the values of the digital tokens plummeting to dangerously low ...

Just before the weekend, the European Union banned the use of cryptocurrency services to Russia. “As we continue to note, Bitcoin is a risk asset, tightly linked to the performance of US equities and, in particular, the Nasdaq. Tony Sycamore, senior market analyst at City Index, said in a note to news.com.au: “Bitcoin has cratered to be trading at $39,446 (-6.36 per cent) in line with the sharp fall in US equities. Terra’s LUNA coin slid the most out of the top 10 crypto tokens, plunging 13 per cent in the past 24 hours, and 28 per cent over the past week. Germany’s DAX traded 0.77 per cent in the red at the time of writing, as did London’s stock market. A major cryptocurrency crash has wiped away the gains made in the last three weeks, sending the values of the digital tokens plummeting to dangerously low levels.

The Verge: Late last month the Ronin blockchain network underlying the popular NFT-driven game Axie Infinity was hit with a hack that saw the attackers walk ...

The Ronin hack was the largest amount of money that had ever been stolen from the type of service called a “bridge,” which connects one blockchain to another so that value can be sent between them. Coinhead Coinhead

DeFi protocol Uniswap's parent company has already backed 11 crypto startups including MakerDAO, Aave, and Compound.

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With the rapid growth in cryptocurrency & bitcoin investment allocations, it seems an apt time to delve into crypto under the family office lens.

Crypto is a challenging space wrought with noise and hype, making it difficult to navigate. TROY Trade is a prime broker that focuses on crypto trading and asset management. Concierge is for HNWIs and institutions looking to buy bitcoin over €50,000. Nydig offers a full suite of institutional-grade digital asset prime brokerage, execution, and custody services. Despite the significant growth and value of the crypto market, it remains a disjointed ecosystem. ETFs offer distinct opportunities with portfolios designed to capture the growth of blockchain technology and cryptocurrencies. The company provides integrated solutions for custody, advanced trading platform, and prime services. In traditional finance, prime brokerages are a subset of the prime services banks and financial institutions usually offer to trade groups like hedge funds or other banks. Given the distinct needs and considerations family offices have when evaluating exposure to cryptocurrency and the challenges this presents for crypto vendors in this space, Simple’s 2022 Cryptocurrency Review has been designed with this in mind. According to Andrew Howard of Bitcoin Reserve, the biggest concern that family offices have is about custody, and the most common question is, “Where should my family office store our Bitcoin?” In the past few years, crypto markets have weathered some of the most challenging economic conditions in a generation with a global pandemic, record inflation and, most recently, war in Ukraine. Interest among mainstream investors continues to grow, and experts predict that the values of Bitcoin and DeFi will rise rapidly in 2022. With the Crypto Assets Conference (Frankfurt) wrapping up last week and the Paris Blockchain Week Summit ahead this week, it seems an apt time to delve into crypto under the family office lens.

With the current movement, Bitcoin sank in 50 days Moving Average (MA) It is not very beautiful. Still, BTC is now at an important point. Analyst BC Richfield ...

Either way, the next few hours will be exciting, with Ethereum and Bitcoin at key price points. Ethereum (ETH) It is down 7.4% in the past 24 hours and is now worth $3,015. As a result, the overall value of the crypto market drops significantly. The Bitcoin (BTC) After a short recovery yesterday, the price fell sharply today. With the current movement, Bitcoin sank in 50 days Moving Average (MA) It is not very beautiful. Analyst BC Richfield tweeted that he is closely watching DXY (the US Dollar Index) and has the following scenario in mind:

Crypto finance platforms, akin to traditional banks, pool crypto deposits to provide loans and pay interest to depositors. They offer incentives to depositors/ ...

As the traditional banking institutions accustomed to operating in the highly regulated finance industry join in, crypto banking could broaden its acceptance, and every household could have crypto assets working for it. Traditional financial institutions, i.e., Goldman Sachs, JPMorgan, and Citi, are starting to enter the crypto market. Clients/depositors contributing to the liquidity pools often have very little visibility into what the platforms are doing with their crypto assets - opaque lending. The responsibility of safeguarding the deposits is with the CeFi platform but without the backing of the traditional Federal Deposit Insurance Corporation (FDIC) insurance. Aave has over $14 billion, and MakerDao has over $15 billion in TVL. MeanFi.com, powered by Money Streams, a real-time finance protocol that helps businesses set up payroll and banking in crypto, is bridging TradFi and DeFi. " Mean DAO is ushering the future of real-time finance with the Money Streaming Protocol to power a new wave of real-time finance applications. DefiLlama, a DeFi Total Value Locked (TVL) aggregator, lists the overall value of crypto assets deposited in DeFi protocols at $220 billion. They offer incentives to depositors/investors to provide liquidity in the crypto-assets market through staking, a process of locking cryptocurrencies to receive rewards, and lending services. To optimize gains and increase yields, yield farmers employ complex tactics, such as shifting their cryptos between multiple liquidity pools or loan platforms, constantly chasing the pool offering the highest APY. A Harvard Business Review article states, "Practically, it echoes a strategy in traditional finance — a foreign currency carry trade — where a trader seeks to borrow the currency charging a lower interest rate and lend the one offering a higher return." Crypto finance platforms are primarily unregulated, do not have any reserve requirements, and engage in opaque lending, i.e., loaning to unidentified third parties and institutions that can make risky bets in order to generate outsized returns on crypto deposits. Hedge funds and speculators exploit market flaws to make highly lucrative bets on discrepancies between crypto market prices and crypto futures prices. The rapidly growing crypto finance market is foraying into the traditional banking sector. They must keep reserves for bad loans and refrain from highly speculative lending, resulting in muted returns on capital and hence meager yield payouts on the bank deposits.

April 11 was hard on the crypto market, as Bitcoin fell below $40000 and Ethereum found itself just under $3000.

He predicted they will test the $30,000 and $2,500 thresholds before the end of June. A year earlier, he suggested that BTC could hit $50,000 that year and would bottom out at between $3,000 and $5,000. That turned out to be prescient, as the price rallied to above $12,000. If you're looking for plausible answers as to why, it's worth checking out the equities markets. It was the highest rate since October 2020, per Arcane Research. Bitcoin dropped 15% in 24 hours today, falling below $40,000 for the first time since March 15.

China makes all crypto currency transactions illegal after ordering shut down of Bitcoin mining in Sichuan province, leading to crypto market prices going down ...

We want to start a community among our readers, so please follow us on email newsletters and get a curated selection of our best reads to your inbox every day. NationalWorld is a new national news brand, produced by a team of journalists, editors, video producers and designers who live and work across the UK. Find out more about who’s who in the team, and our editorial values. - TerraUSD (UST) -0.06% (£0.77) - Dogecoin (DOGE) -8.67% (£0.11) - Avalanche (AVAX) -8.75% (£58.51) - XRP (XRP) -6.31% (£0.55) - Terra (LUNA) -6.82% (£66.74) - BNB (BNB) -4.15% (£310.36) - Cardano (ADA) -7.72% (£0.73) - Solana (SOL) -7.14% (£79.15) - Tether (USDT) -0.01% (£0.77) - Bitcoin (BTC) -3.53% (£31,578.21)

Arthur Hayes, the co-founder of crypto exchange BitMEX, fears the price of bitcoin and ethereum could fall much further...

As is the case with the stock market, we may see more outbreaks of episodic volatility in the months to come." Want to stay ahead of the market and understand the latest crypto news? The crypto sell-off comes as tech stocks are dragging down equity markets in the face of fresh China lockdowns, Russia's ongoing war in Ukraine and the Federal Reserve beginning to tighten its monetary policy.

Beyond the desire to build wealth, our research shows several 'dark personality' traits also drive cryptocurrency buying.

We studied only a subset of people interested in crypto who do have these traits. We are not suggesting that everyone interested in crypto displays dark tetrad traits. They are prone to gambling and gambling addiction. Narcissists tend to focus on the positive side of life. We asked 566 people to complete online personality surveys as well as answer questions about their attitudes to crypto and whether or not they planned to invest in it. The dark tetrad are also often related to risk-taking behaviours. At first glance, buying crypto is unlikely to harm others. As a result, psychopaths like stimulation-seeking and risk-taking. From a price of $US1 in 2011, Bitcoin rose to an all-time high of more than $US63,000 in April 2021, and now hovers around the $ US 42,000 mark. Machiavellians take a calculated approach to achieving goals, and avoid impulsive decisions. Narcissism is a self-centred personality trait, characterised by feelings of privilege and predominance over others. We conducted a survey to find out.

I've also made some purchases in the market today. So we're going to be discussing them. That was a quote from Mark Davis, his Twitter, I think he's a great ...

Mixers' relevance today could be waning due to the retail adoption models and other checks and balances that the market participants in the ecosystem are ...

Beyond the desire to build wealth, our research shows several 'dark personality' traits also drive cryptocurrency buying.

We studied only a subset of people interested in crypto who do have these traits. We are not suggesting that everyone interested in crypto displays dark tetrad traits. They are prone to gambling and gambling addiction. Narcissists tend to focus on the positive side of life. We asked 566 people to complete online personality surveys as well as answer questions about their attitudes to crypto and whether or not they planned to invest in it. The dark tetrad are also often related to risk-taking behaviours. At first glance, buying crypto is unlikely to harm others. As a result, psychopaths like stimulation-seeking and risk-taking. From a price of $US1 in 2011, bitcoin rose to an all-time high of more than $US63,000 in April 2021, and now hovers around the $ US 42,000 mark. Machiavellians take a calculated approach to achieving goals, and avoid impulsive decisions. Narcissism is a self-centred personality trait, characterised by feelings of privilege and predominance over others. We conducted a survey to find out.

One spring day in a village just west of London, residents saw a man being muscled into a car in front of a nearby house. He reappeared with cuts and ...

One spring day in a village just west of London, residents saw a man being muscled into a car in front of a nearby house. A separate search of the man’s home in a nearby town turned up something more intriguing—some of the first cryptocurrency that would ever be seized by U.K. police. That era-defining 2017 case yielded a safety-deposit box containing jewelry, gold bars, £263,000 ($345,000) in cash, and an item that flummoxed the lead investigator, Matthew Durkin ...

A survey by crypto platform Gemini found that 40 percent of global respondents first purchased crypto last year.

People living in inflation-afflicted markets were also more likely to view crypto as the future of money. Among those who plan to purchase crypto for the first time in 2022, 47 percent were women, suggesting the gender gap in crypto ownership is primed to narrow. That number is 20 percent in the US and 18 percent in the UK. Meanwhile, crypto ownership among Black Americans nearly doubled from 9 percent in 2020 to 17 percent in 2021. 41 percent who do not currently own crypto said they are “crypto-curious” – or interested in learning more or report they are likely to acquire cryptocurrency in the following year. Slightly more than half of respondents in Brazil, India (54 percent) and Hong Kong (51 percent) made their first purchases last year.

Bitcoin saw outflows which totalled $132 million during the seven-day period, while ethereum saw outflows totalling $15.3 million last week.

The total AUM of crypto fund providers was at $56.65 for the week ended 8 April 2022. During the week ended 8 April, multi-asset investment products, those focusing on multiple altcoins, saw $5 million in net inflows. However, during the seven-day period ended 8 April, bitcoin prices dropped to $42,316. Meanwhile, ethereum funds saw outflows totalling $15.3 million last week bringing its year-to-date outflows to $126 million. Crypto funds saw net outflows of $134 million in the week to 8 April, marking the second biggest weekly outflows this year, according to a report by digital asset manager CoinShares. Bitcoin saw outflows which totalled $132 million during the seven-day period, while ethereum saw outflows totalling $15.3 million last week

The Consumer Price Index is a representation of a basket of consumer goods, and is viewed as a tool for measuring inflation. Since the inflation rate is ...

An exciting event as this is the next big step for Ethereum. And of course we will keep a close eye on this and we will monitor that closely Ethereum news Share as soon as possible. As mentioned, given the relationship between Bitcoin and the traditional markets, this could have a negative impact on the cryptocurrency markets. Companies will report their first-quarter results, starting with banking giant JP Morgen on Wednesday. The war in Ukraine is expected to have a negative impact on performance in the first part of this year. The Fed Vice Chair will also speak at 6:10 pm, which could also have an impact on rates. The Consumer Price Index is a representation of a basket of consumer goods, and is viewed as a tool for measuring inflation. Something always happens inside cryptography that can have an effect, among other things, on Bitcoin (BTC) price† So it’s smart to prepare yourself well for what’s to come.

The Andreessen Horowitz partner is the new no. 1 on Forbes' 21st annual Midas List of top venture investors, thanks to savvy bets on tokens, ...

It’s difficult for the world’s top-ranked investor to cry underdog, but Dixon insists that when people claim crypto is “just tech bros getting rich gambling,” the category and its potential are misunderstood. “But I would say I’m motivated because I think [Web3] is a really important movement, and I want to have impact on it. “As opposed to sort of throwing grenades from the sidelines, which is what I feel happens.” So I don’t really want to spend the next two years doing all the setup, and recruiting a team, and other kinds of things like that.” Dixon says now he “probably overreacted,” invoking the popular Twitter meme that the game of Twitter is not to be its main character for the day, and in that instance, he lost. The move would be significant, reflecting a wider buy-in into Web3 across the firm, the sources say, with crypto too strategic (and ubiquitous) to remain siloed with one fund. “I can go find the next thing, and be in the middle of it.” (Former partner Katie Haun recently departed the firm to do just that with Haun Ventures, raising a $1.5 billion solo general partner fund.) For now, Dixon, his colleagues and friends all insist he has no interest in hanging his own shingle. “My job is to be smart enough to know who the smart people are who will.” But Dixon’s devotion to the gospel of crypto, and willingness to stick to it during down times, still carries unique weight. Coinbase is just the crown jewel in a portfolio that has made 50-year-old Dixon the new No. 1 on our annual Midas List of tech’s top dealmakers. 1 on Forbes’ 21st annual Midas List of top venture investors, thanks to savvy bets on tokens, NFTs and cryptocurrency exchange Coinbase. In fact, a dozen members of this year’s Midas List count Coinbase as one of their banner investments, third most of any company.

Narcissism and belief in conspiracy theories may be among the factors that motivate people to buy cryptocurrencies.

We studied only a subset of people interested in crypto who do have these traits. Narcissists tend to focus on the positive side of life. We are not suggesting that everyone interested in crypto displays dark tetrad traits. The dark tetrad are also often related to risk-taking behaviours. Of our participants, 26% reported they own crypto and 64% showed interest in crypto investing. From a price of US$1 in 2011, Bitcoin rose to an all-time high of more than US$63,000 in April 2021, and now hovers around the US$42,000 mark.

Some criminals see digital assets as easier to hide and transfer. Law enforcement is learning fast.

The gadget was wrapped in a small notebook, which contained two strings of 12 random words. That era-defining 2017 case yielded a safety-deposit box containing jewelry, gold bars, £263,000 ($345,000) in cash, and an item that flummoxed the lead investigator, Matthew Durkin, a 19-year veteran of the Surrey police. One spring day in a village just west of London, residents saw a man being muscled into a car in front of a nearby house.

Bitcoin and Ethereum have both recovered key levels, even as the global crypto market cap slipped further overnight.

Both Bitcoin and Ethereum are down over 13% in the last seven days. Some speculation has focused on increased activity around Monero as being linked to sanctions evasion. Of the top 10 cryptocurrencies by market cap, Solana and Cardano have been hit the hardest, falling by 6.4% and 5.9% respectively in the last 24 hours. It currently stands at just over $3,000, down 4.2% on the day. Bitcoin has rallied to reclaim the $40,000 mark following a crash that saw it drop 15% in 24 hours. The cryptocurrency market remains emphatically in the red, with the total market cap of all cryptocurrencies dropping to $1.86 trillion, a drop of 3.76% in the last 24 hours.

The U.S. Marshals Service held 22 cryptocurrencies valued at about $919 million last December, according to spokeswoman Shaunteh Kelly.

For instance, the Justice Department has said it will return the Bitcoin hacked from Bitfinex to the victims—a process to be worked out in court. Wilsons Auctions, the largest independent auction house in the U.K. and Ireland, got involved in 2018 when the company realized that law enforcement didn’t have a solution for selling seized crypto at the time. In Germany, prosecutors in each of the country’s 16 states decide how to manage seized property. Investigators handling these cases are specially trained in crypto sleuthing, and they say it can be easier to trace money on the blockchain ledger that underlies cryptocurrencies than in the traditional banking system. When a judge finally approved the forfeiture in 2021, detectives transferred the crypto back to Coinbase, netting $198,237 for the county’s law enforcement trust account. The U. S. Federal Bureau of Investigation in February formed a crypto unit to provide equipment, training, and blockchain analysis to agents. Once seized, it can take years for authorities to secure a forfeiture order letting them sell crypto and return the proceeds to crime victims or governments. They sold it directly to a trusted international exchange for £1.25 million, the market rate at the time. To start, investigators have to learn to recognize a crypto wallet and then how to obtain the private key, or seed phrase, to unlock it. In the Surrey case, police quickly bought their own KeepKey and transferred the Bitcoin to it. And cryptocurrencies made up almost all— 93%—of the assets confiscated by the Internal Revenue Service’s Criminal Investigation Division in the fiscal year that ended Sept. 30. A young probationary officer recognized the device, a KeepKey, as a virtual currency holder and the words as seed phrases to access crypto wallets.

Crypto organizational investors will have to perform ITR filing in India for gaining or even losing finances in crypto asset investment.

They will also be liable to pay taxes on the net profit made in the financial year, and the TDS taxes should also be kept in mind as a whole while trading securities on the exchanges. Investing in crypto assets in India has become more like a turmoil than an expectation for profits. This decision by the government has caused an uproar in the industry and among crypto business leaders. An institutional and general taxpayer would have to report transactions related to cryptocurrency as business income if held as stock in trade, or capital gains if held as investments. The crypto industry in India has flourished since digital assets were first introduced in the country. But currently, the digital asset market in India is in turmoil.

Cryptocurrency influencers can be an approachable, fun source for those who want to learn and understand crypto concepts.

Ivan publishes crypto analyses and tutorials on his channel, including a helpful video on how you could create your own form of cryptocurrency in 15 minutes. Antonopoulos goes into detail about how cryptocurrency works, and he often goes live on YouTube to answer reader questions about what's happening in the space. The BitBoy Crypto channel provides frequent live streams and updates on what's happening in the crypto space so that you can always stay informed. Not only is he respected for being the co-founder of Ethereum, but he's also known for the Bitcoin Magazine. With over 3.6 million followers on Twitter, Vitalik is a cryptocurrency influencer that you must follow. You can share your opinions on cryptocurrency via social media. Saylor has become one of the most famous crypto influencers in the past decade. You may also want to consider working with a trusted financial advisor. Heilpern also wrote a book on Bitcoin and has her own YouTube channel with 28,000 subscribers. Michael Saylor is one of the more prominent figures in the cryptocurrency space. Here are 10 trusted cryptocurrency influencers who are worth a follow. Cryptocurrency influencers can make money in a variety of different ways, ranging from paid sponsorships to promoting their own educational products. Cryptocurrency is becoming more popular with each passing day.

Cryptocurrency based content platform MContent, based in Dubai, produced a documentary in partnership with PricewaterhouseCoopers (PwC) on the ongoing ...

The firm currently has over 160,000 retail clients subscribing to its automated system. With more than 160,000 retail accounts subscribing to EndoTech’s automated strategies, a real movement for accessing hedge-fund-type tools has begun. By bringing Cineverse to a global audience, MContent wants to increase funding and screening opportunities for thousands of independent filmmakers globally.” The company offers algorithmic automated trade executions for investors. The company premiered both Ripple vs. The virtual theater was created with PwC’s Middle East-based emerging technology team.