Strong correlation with Bitcoin and traditional markets continue to pull Axie Infinity price lower.
Month: June 2022
Binance’s CZ says he is ‘skeptical’ about the Terra relaunch
Binance CEO CZ voices skepticism around the relaunch of the Terra blockchain and its new LUNA token following the latest fiasco.
Price analysis 6/1: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
BTC and altcoins met resistance at a key moving average, leading traders to wonder whether the current pullback is a lower support test, or proof […]
Chinese state media signals tighter crypto regulations in Terra aftermath
China has used its Economic Daily media outlet to signal that further regulatory action may be taken toward stablecoins in the wake of the collapse […]
India cooperates with IMF on crypto consultation paper
The document, which could define a national framework for digital assets, is almost ready.
UK government proposes additional safeguards against stablecoin failure risks
The Treasury wants to empower the Financial Market Infrastructure Special Administration Regime to oversee the safe return of customer funds in the event of a […]
Russian central bank signals agreement with crypto law revisions: Report
A top Russian central bank official said at a press conference that the monetary authority will permit foreign trade with crypto.
Basel Committee presses on with restrictive requirements for banks’ crypto holdings
The committee of central banks and regulators has proposed a “conservative prudential treatment” of crypto assets that banking groups say is prohibitive.
Fed paper looks at potential effects of CBDC on monetary policy
The working paper traces the effects of operations with CBDC through several scenarios and concludes the Fed will have it under control.
In wake of Terra collapse, South Korea plans new crypto oversight committee: Report
The infamous collapse of Terra may have hastened the creation of a supervision and control entity for virtual assets, which is set to launch in […]