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A US federal court has imposed further restrictions on Binance founder Changpeng Zhao, saying he must surrender all his passports and notify law enforcement of his movements. This means that Changpeng Zhao will not be able to leave the United States. The court order to surrender the passports demonstrates the serious intention of law enforcement agencies to bring the case against the Binance founder to a real prison sentence. To recap, Zhao pleaded guilty last
According to a survey conducted by ConsenSys, 17% of US cryptocurrency investors said they have ever invested in the SHIB memcoin or still own the token. Analysts at ConsenSys, created by Ethereum co-founder Joseph Lubin, conducted a survey of 1,018 people living in the United States. Half of the survey participants said that they had never bought cryptocurrencies, the remaining 50% said that they already had experience investing in this new asset class. Of these,
According to the analytical portal CoinMarketCap, on Monday, March 11, Bitcoin broke through the resistance level of $70,000 and reached a new all-time high, exceeding the levels of November 2021. The first cryptocurrency rose by 3.9% to $71,099. CoinMarketCap experts note that there is still a large influx of money into spot exchange-traded funds (ETFs) for Bitcoin, and investor interest is fueled by the prospect of lowering interest rates from the Federal Reserve. Over the
It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get
Bitwise chief investment officer Matt Hougan said record trading volumes in Bitcoin spot ETFs show interest in the products, but the real wave of investment is ahead. According to Matt Hougan, the introduction of spot Bitcoin ETFs is an extremely important step, but it is equally important that institutional capital gains access to ETFs, that is, that the ability to trade ETF shares becomes available to large clearinghouses and brokerages. “I think that in a
Advisor to the HTX cryptocurrency exchange Justin Sun denied rumors that he does not use the platform and published a screenshot of a wallet on HTX, where 28,613.7 BTC ($1.6 billion) are stored. Apparently, Justin Sun is annoyed by reports that he does not use the HTX exchange: “The balance of my personal account on HTX (for those who say that I don’t use this platform much). I use and support almost all major exchanges.
The American entrepreneur and author of the book “Rich Dad Poor Dad” explained what he would do if the Bitcoin price suddenly fell. Robert Kiyosaki admitted that he would be happy about the collapse, as it would be an excellent reason to buy the first cryptocurrency. The entrepreneur believes that Bitcoin will not lose its value – as soon as the market turmoil subsides, BTC will rise again. “People often ask me: what happens if
It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get
The Ministry of Economy, Trade and Industry of Japan issued a positive opinion on the draft law legalizing the access of investment capital to the cryptocurrency market. The amendment to the Law on Strengthening Industrial Competitiveness, agreed by officials, directly allows Japanese investment venture companies to invest in the development of crypto projects and blockchain. The explanatory note states that the updated law will make Japan’s national crypto startups financially dependent on foreign capital. Government
One of the largest investment companies in the United States, BlackRock, is going to add more bitcoins to its investment portfolio. BlackRock currently has 82.515 BTC ($3.71 billion) on its balance sheet. The company’s chief investment officer for global fixed income, Rick Reeder, believes that soon people will perceive bitcoin more carefully than they currently do. Bitcoin has a chance to become an important element of the global system of distribution of financial assets, the