The heads of Australia’s largest crypto exchanges say a bull run is coming early next year; others say it’s already arrived. Source: https://cointelegraph.com/public/index.php/news/bull-market-just-getting-started-exchange-execs
Month: November 2023
Dutch exchange Bitvavo cleared to operate in France
Netherlands-based cryptocurrency exchange Bitvavo is set to expand its services to French users after successfully registering as a digital asset service provider with France’s Autorité des Marchés Financiers (AMF). The expansion into France comes just weeks after Bitvavo secured regulatory approval to offer its services in Austria. The exchange expanded its offering to Italy in 2022 and has filed registration…
Raiffeisenlandesbank to launch Bitcoin trading in early 2024
The Austrian subsidiary of European lender Raiffeisen Bank is preparing to allow its clients to trade cryptocurrencies like Bitcoin (BTC) in the coming months. After initially announcing its crypto plans in April 2023, Raiffeisen Bank’s Raiffeisenlandesbank Niederösterreich-Wien (RLB NÖ-Wien) is moving forward with a crypto rollout in collaboration with the Austrian crypto firm Bitpanda. RLB NÖ-Wien expects to start rolling…
‘Strap yourselves in’ — Bull market coming early 2024, say crypto exchange heads
The heads of Australia’s largest crypto exchanges say a bull run is coming early next year; others say it’s already arrived. Source: https://cointelegraph.com/app/public/index.php/news/bull-market-just-getting-started-exchange-execs
Singapore to restrict retail crypto speculation with new rules
In response to the feedback received on its proposed Digital Payment Token (DPT) regulations, the Monetary Authority of Singapore (MAS) laid down measures for DPT service providers to discourage speculation in cryptocurrency investments. The de-facto central bank of Singapore, MAS, announced five ways DPT service providers can help retail clients avoid price speculation. DPT service providers must determine their customer’s…
Wallet of Satoshi vanishes from Apple and Google’s US app stores
Bitcoin (BTC) Lightning payments app Wallet of Satoshi (WoS) has disappeared from Apple’s App Store and Google’s Play Store in the United States as it closes in on over 1 million transactions for November. On Nov. 24, several users and crypto community participants shared on X (Twitter) their attempts to search for the WoS app, which turned up no results…
Jim Cramer admits he was wrong about Bitcoin — ‘I was premature’
Markets commentator Jim Cramer has tacitly admitted he was wrong about Bitcoin (BTC), saying he was premature in calling for investors to sell the cryptocurrency. In a Nov. 22 segment of his CNBC Mad Money show, Cramer responded to a caller who inquired about buying shares in Bitcoin miner CleanSpark, saying that anyone who likes Bitcoin should increase their exposure…
‘Strap yourselves in’ — Bull market coming early 2024, say crypto exchange heads
The market has already entered the first phase of a major rally, with the number of people buying crypto trickling upward which is expected to accelerate early next year, say the heads of Australia’s largest crypto exchanges. Independent Reserve CEO Adrian Przelozny told Cointelegraph he expects market activity to see an uptick in early 2024 and is hiring to build…
Australia’s tax agency won’t clarify its confusing, ‘aggressive’ crypto rules
Australia’s tax regulator has been unable to clarify confusing aspects of its new guidance that suggests capital gains tax (CGT) is payable on a slate of everyday decentralized finance transactions. The ATO failed to answer direct questions from Cointelegraph on whether staking Ether on Lido or transferring funds via bridges to layer 2 networks are CGT events, leaving DeFi users…
Sounds fishy, but SBF is trading mackerel in prison: Report
The crypto trading days of former FTX CEO Sam Bankman-Fried are over, and the recently convicted founder has found a new thing to trade while in jail — fish. The Wall Street Journal reported on Nov. 23 that Bankman-Fried recently traded four packets of Mackerel — known in prison as “macks” — for a haircut before his criminal trial last…