Bank of England Governor Warns Cryptocurrencies Won't Last – Regulation Bitcoin News

The governor of the Bank of England, Andrew Bailey, believes that no existing cryptocurrencies will last. Talking about the design, governance, and arrangements of “a lasting digital currency,” the head of England’s central bank said, “I don’t think cryptocurrencies as originally formulated are it.” Bank of England Chief Andrew Bailey Doubts Any Existing Cryptocurrencies Will Last Bank of England (BOE) […]

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Cashing Out Bitcoin Using ATMs: Popular Youtuber Successfully Turns $16K in BTC Into Cash – Featured Bitcoin News

On January 23, 2021, the popular Youtuber Mambafx published a video of himself withdrawing $16,000 in cash from bitcoin ATMs. The video shows how it took multiple bitcoin ATMs to complete the process but by the end of the 17-minute film, Mambafx withdrew over $16k by selling bitcoin to the automated teller machines. Mambafx is a popular popular trader on […]

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FBI arrests 24-year-old crypto trader for commodities and wire fraud

United States authorities have brought criminal charges against a crypto trader whom they say defrauded investors out of over $5 million.  The Department of Justice announced on Tuesday that it had arrested Jeremy Spence. Between 2017 and 2019, 24-year-old Spence operated a crypto investment scheme under the name “Coin Signals,” primarily via Twitter and Discord. The announcement quoted Federal Bureau of Investigation […]

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FXall Reports Record 26% Gain in 2020 FX Options Volume

Refinitiv’s forex aggregator FXall announced on Tuesday that trading volumes with FX options reached a record level in 2020, gaining 26 percent from the previous year. FXall provides electronic trading to banks and brokers and is a complete end-to-end workflow solution for FX trading, covering spot, forwards, swaps, non-deliverable forwards (NDFs), and options. Buy-side institutional clients can trade both vanilla […]

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Enjin enters the fashion world with augmented reality NFTs

Enjin and MetaverseMe are partnering to bring virtual fashion items to the Ethereum blockchain, creating a line of tradable non-fungible tokens representing clothing for Metaverse avatars. Enjin will be providing the infrastructure framework to host the NFTs, which can then be visualized in MetaverseMe, an augmented reality platform that lets users create customized avatars and see them interact with their […]

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Ideaology Launches IEO Public Sale Today on Bitcoin.com Exchange – Press release Bitcoin News

PRESS RELEASE. January 26, 2020 – Bitcoin.com Exchange, one of the leading authorities in the cryptocurrency exchanges market, announces the launch of the Ideaology token (IDEA) public sale today at 10:00 UTC. Ideaology consists of a freelance platform which will accommodate most of the personnel needed to develop projects. The platform’s mission is to provide a host of freelancers and […]

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Bitcoin Accounted for 97% of Weekly Crypto Inflows

The total weekly inflows in crypto-related investment products reached a record high of $1.31 billion last week after minor outflows in the previous weeks. Institutional investors still prefer Bitcoin over other digital assets as the world’s largest cryptocurrency accounted for 97% of the total weekly inflows. According to a report published by CoinShares, Europe’s largest crypto asset management firm, the […]

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Joshua Henslee talks entrepreneurship on Bitcoin SV with Crypto Vigilante

Recently, Joshua Henslee was a guest on the Crypto Vigilante show hosted by Rafael Laverde. The Crypto Vigilante is a subsidiary of The Dollar Vigilante; a financial website/newsletter that has been around since 2009 and often challenges, or rather, provides unadulterated insight into government economics, where they are heading, and moves that can be made to protect against those scenarios […]

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Existing Cryptos Can’t Sustain in Long Run: BoE Governor

Bank of England governor Andrew Bailey has spoken on the future of digital currencies in the yearly Davos forum organized by the World Economic Forum, saying that existing cryptocurrencies lack the structure necessary to become a payment method over the long term. “Have we landed on what I would call the design, governance, and arrangements for what I might call […]

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