A green post-COVID-10 recovery in accordance with the United Nations’ 17 Sustainable Development Goals is possible with blockchain and NFTs. In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT…

It’s all about what happens to Bitcoin price action by the end of the week as $1,000 swings up and down remain. Bitcoin (BTC) briefly fell below $42,000 on Sept. 25 as the weekend looked set to deliver an unimpressive weekly close.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: Bitcoin “fine”…

The decentralized, disintermediated and borderless blockchain networks challenge regulators, but DeFi is the future of finance. Hold onto your hats, boys and girls! It’s a new world — a financial system without intermediaries, that anyone can access 24 hours a day with only a mobile phone and a wallet! As…

Bitcoin derivatives markets flipped neutral-to-bearish after China’s ‘crypto ban’ announcement triggered a BTC price dip to $40,600. China bans Bitcoin (BTC), again.No, we’re not traveling back in time. On Sept. 24, the People’s Bank of China (PBoC) published a new set of measures to promote inter-departmental coordination on cracking down…

Since 2009, China and Hong Kong have “banned” or otherwise caused FUD in the crypto space on 19 separate occasions and counting. The price of Bitcoin fell 5% today following “breaking” (read: weeks old) news that the People’s Bank of China, or PBoC, had declared all cryptocurrency transactions illegal.With that…

Bitcoin price is down but crypto investors still have a plethora of yield opportunities thanks to DeFi. The growth of the decentralized finance (DeFi) sector has been a recurrent headline throughout 2021 and to date, hundreds of billions of dollars in crypto assets are locked on protocols across numerous blockchain…

An analyst from global banking giant Deutsche Bank expects Bitcoin will enjoy a “first-mover advantage” over other cryptocurrencies for the foreseeable future. Marion Laboure, an analyst at Deutsche Bank’s research division, said she can envision Bitcoin taking the role of digital gold in the future: lasting for centuries and largely…

Bitcoin and altcoins made a sharp downside move to their recent lows after news that China banned crypto trading surfaced. The crypto market’s recovery was rocked on Sept. 24 after news that China’s government is adopting a new set of measures that includes stronger inter-departmental coordination to “cut off payment…

Layer-two’s surge to new heights, Bitcoin and DeFi EFT applications and Sushi’s mistaken bug — all coming to you this week in Finance Redefined. Welcome to the latest edition of Cointelegraph’s decentralized finance, or DeFi, newsletter.In a week where DeFi’s parabolic growth continued elsewhere, the United States Securities and Exchange…

16 million people in Yemen — including 400,000 children under the age of five — already face food supplies at critical levels. A Redditor living in Yemen’s capital city of Sana’a claims to be using cryptocurrencies to buy food packages for families unable to access supplies during an ongoing civil…

REN, CELR and CVC ignore the market’s bearish reaction to China’s new crypto ban by posting double-digit gains. The bullish momentum that had been growing across the cryptocurrency ecosystem over the past few days came to a screeching halt on Sept. 24 as news that China had banned cryptocurrency transactions…

Morgan Stanley exec claims that Bitcoin continues to rise from the dead like the cartoon character Kenny in South Park. Morgan Stanley’s Dennis Lynch shared a light-hearted analogy during a discussion at Morningstar’s yearly investment conference today, claiming that Bitcoin’s insatiable ability to defy the odds and rise from both…

After several hesitant months, altcoins are now outpacing the flagship asset. The first half of 2021 in the crypto markets brought many comparisons to 2017. Bitcoin (BTC) was on a tear to its all-time high, the new frontier of decentralized finance emerged, and nonfungible tokens were gaining myriad celebrity endorsements. But…

In April, sharing their Coinbase account credentials with a fraudster had cost a California resident more than $11 million. Now, there might be recourse. On September 17, a group of officials led by U.S. attorney Tracy Wilkinson have filed a civil complaint in the United States District Court for the…

RenPSG to allow charities to accept more than 45 different cryptocurrencies including Bitcoin, Ether and Dogecoin. The Giving Block, a major organization focused on the cryptocurrency donations industry, continues to expand its crypto charity reach with a new partnership.The organization will be working with charitable platform provider RenPSG to allow…

The latest debacle over China’s anti-crypto stance has a firm historical echo to it — and old hands are more than aware. Bitcoin (BTC) dipped deeper to challenge $40,000 support during Sept. 24 as the dust settled on what analysts stressed was a false alarm from China.BTC/USD 1-hour candle chart…

The second-largest cryptocurrency falls 13.30% versus Bitcoin’s 9.38% decline as China’s move scares investors away. The price of Ethereum’s native token Ether (ETH) crept lower Friday after China extended its crackdown on cryptocurrencies by deeming their transactions to be “illegal.””Financial institutions and non-bank payment institutions cannot offer services to activities…

Unlike Russia, Ukraine has passed laws that will ease the adoption of cryptocurrencies within the country. The legal status of cryptocurrencies remains a mixed bag of regulatory positions, depending on the jurisdiction being considered. While some countries move toward blanket prohibitions or stringent regulations, others elect to go with a…

The Chinese central bank is setting up a “coordination mechanism” with state agencies to continue battling crypto. The Chinese government is getting more serious about cracking down on the cryptocurrency industry as state authorities are bringing forces to combat crypto operations in the country.The People’s Bank of China (PBoC) officially…

Old news suddenly gets picked up on social media, sparking an instant crypto price crash. Bitcoin (BTC) suddenly lost $2,000 in an hour on Sept. 24 as what appeared to be old news over a Chinese regulatory ban hit social media.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin vs. China: Don’t…

Kraken’s Marco Santori points to the adversarial stance taken by some crypto firms toward regulators. Amid a fraught period for some high-profile United States crypto firms and financial regulators, Kraken chief legal officer Marco Santori is calling for a dose of pragmatism going forward.Speaking on Bloomberg’s QuickTake Stock broadcast on Thursday, Santori…

Twitter’s stock feels the benefit of the “orange pill” as surging stocks add to positive tailwinds for Bitcoin. Bitcoin (BTC) hit four-day highs of $45,000 on Sept. 24 as the market digested news that Twitter had enabled BTC tipping.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTwitter stock surges 3.8% on Bitcoin…

PBoC maintains its anti-crypto stance despite local players experimenting with digital yuan-pegged stablecoins. The rapid adoption of cryptocurrencies like Bitcoin (BTC) poses a major challenge for the traditional financial system, an executive at the Chinese central bank has warned.Wen Xinxiang, director of the payment and settlement department at the People’s…

As part of its partnership with Arca Labs, Securitize will help launch tokenized financial products for the firm, starting with Arca’s registered tokenized treasury fund. Arca Labs, the innovation arm of digital asset investment firm Arca, has partnered with blockchain tech firm Securitize to launch regulated, tokenized financial products. According…

Mining Ether on a home PC can be done, but profits will be few and far between. Golem Network has launched an app that allows users to mine Ether (ETH) on their laptops, but it could be a long time before riches can be reaped.The decentralized computing resources sharing platform…