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Bitcoin: Bank of Korea to be Granted Right to Investigate Crypto Businesses

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The Bank of Korea will likely be given the right to scrutinize crypto businesses. This comes at a time when the regulators in the country are discussing crypto laws. A recent report from The Korea Herald pointed out that the Central Bank of South Korea has been competing with the Financial Services Commission [FSC] on the crypto and virtual asset jurisdiction front. It stated, “ While discussions on virtual asset-related laws are currently underway in the National Assembly, it seems that the Bank of Korea, the central bank of Korea, will be given the right to investigate virtual asset operators. “ Also Read – Terra: Kwon Could be Sentenced 100+ Years in U.S., 40 Years in Korea BoK’s request to be accepted? The Bank of Korea recently revealed its concerns with respect to stablecoin and financial stability risks. An official from the National Assembly’s Political Affairs Committee, confirmed last week that the BoK’s right to request data from crypto exchanges was confi...

Ethereum Classic Price Prediction for Today, April 22: ETC/USD Trades Above $3000 as a Retracement May Follow

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The Ethereum Classic price prediction shows that ETC is moving higher and above the main barrier of $20 as the coin faces higher levels. ETC/USD Market Key Levels: Resistance levels: $24, $26, $28 Support levels: $16, $14, $12 ETCUSD – Daily Chart ETC/USD may begin the bullish movement as the coin heads toward the 9-day and 21-day moving averages. At the time of writing, the Ethereum Classic (ETC) is making a gain of almost 5.17% and touches the daily high of $20.4. However, the crypto is likely to cross above the moving averages and traders can expect Ethereum Classic to prepare itself steadily for a ride toward the resistance level of $22. Ethereum Classic Price Prediction: ETC Price Ready for the Upside In the last few days, the Ethereum Classic price has been moving below the moving averages, but the ongoing trend may move a little bit higher in the next positive direction if the 9-day moving average remains above the 21-day moving average. Therefore, any further bulli...

Ethereum Enters Oversold Territory And Targets The Low At $1,800 An Ounce

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Apr 21, 2023 at 12:34 // Price Author Coin Idol Ethereum price (ETH) crashes as soon as it breaks below the 21-day line SMA. Long-term analysis of the Ethereum price: bearish Breaking the 21-day line SMA means that selling pressure has returned. It is likely that Ether will retest the 50-day line SMA or the previous low of $1,800. Selling pressure will stop or subside if the price stays above the 50-day line SMA. At the time of publication, Ether has fallen to a low of $1,920. The price's dip below the 21-day line SMA makes a potential rise doubtful. Howe...

$100 Million Worth of Gold Stolen from Canada's Largest Airport.

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Canada ’s national police force is investigating a heist at Canada ’s busiest airport. According to officials, thieves may have stolen more than $100 million worth of GOLD . JUST IN: $100 million worth of GOLD stolen from Canada 's largest airport. — Watcher.Guru (@WatcherGuru) April 20, 2023 According to the Royal Canadien Mounted Police, the Gold was stolen from Pearson International Airport, just outside Toronto. Pearson typically receives and flies out gold that is mined in Canada, and ships it worldwide. Peel Regional Police, who are responsible for the area, asked for the Mounties’ help, the RCMP said. Early reports Thursday indicate that 3,600 lbs of Gold were stolen while being moved through the airport. Source – Pixabay “We are still trying to get accurate information on the heist,” an RCMP spokesperson says, declining to confirm how much GOLD is missing. At current market prices, 3,600 pounds of GOLD would be worth about $105 million. The inv...

Bitcoin at key point with BTC price at $28.8K — Bollinger Bands creator

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Decision time for Bitcoin as an ongoing correction changes the nature of the $30,000 breakout. Bitcoin (BTC) fell below $29,000 into April 20 as bulls faced a battle for ground reclaimed in March. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Will $30,000 become Bitcoin's latest "Bart Simpson"? Data from Cointelegraph Markets Pro and TradingView showed BTC/USD heading to $28,800 on Bitstamp. Earlier wicks below $28,600 were quickly bought up, but Bitcoin still threatened to flip $29,000 to resistance on the day, as traders eyed a crucial support zone. $BTC / $USD - Update On support now, so I am scalping a long while we remain above the lows at $28,550 on a 4 hour closure Will see how this plays out today pic.twitter.com/qsjmVn2kb9 — Crypto Tony (@CryptoTony__) April 20, 2023 “Whilst the Bitcoin market is correcting, we still have the average transactor taking profits,” Checkmate, lead on-chain analyst at Glassnode, wrote in part of Twitter analysis. “To...

Crypto exchange Kraken receives VASP authorization in Ireland

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Join Our Telegram channel to stay up to date on breaking news coverage As crypto adoption continues to speed up, regulators and central banks around the world are becoming stricter about which virtual asset providers are allowed to offer services in their jurisdictions. Meanwhile, it is in the exchange s’ interest to expand to as many areas as possible, but in order to do that, they must now seek authorization from the local authorities. This is why Kraken, a major US crypto exchange, made headlines, as it just received authorization from the central bank of Ireland. Kraken’s Irish subsidiary, Payward Europe Solutions, was awarded a VASP (Virtual Asset Service Provider) authorization from Ireland’s central bank on Tuesday, April 18th. 📣 We’re pleased to announce that Kraken has successfully registered with the Central Bank of Ireland (CBI) as a Virtual Asset Service Provider (VASP), affirming our commitment to helping drive crypto adoption in E...

P2E Game NFT Champions Partners With OpenSea To Drop New NFT Collection

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Join Our Telegram channel to stay up to date on breaking news coverage NFT Champions, a play-to-earn blockchain strategy game that allows players to own non-fungible token creatures and earn CHAMP tokens on the Polygon network, has announced plans to launch new digital collectibles. NFT Champions Taps OpenSea To Drop New NFT Collection In an April 19 blog post, the popular play-to-earn gaming platform confirmed plans to launch a new NFT collection in the coming days.NFT Champions has partnered with OpenSea, the leading NFT market platform, to create the upcoming NFT collection. Attention Champions! Land Is finally here 🥳 We've teamed up with @opensea for an exclusive NFT Drop. ⚡️🙌 Check out our page for all the details: https://t.co/z9sEi48zsP pic.twitter.com/AbkXKEXKmS — NFT Champions (@NFTChampions) April 18, 2023 Established in October 2021, NFT Champions is a massively multiplayer role-playing game allowing participants to play match...

Binance users get new ETH deposit addresses: Here’s what to do

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Binance said retiring old deposit addresses on multiple blockchains was part of its infrastructure upgrade, and new addresses will offer better security and efficiency. The world’s largest cryptocurrency exchange by trading volume, Binance is disabling multiple old deposit addresses as part of its infrastructure upgrade. In an announcement on April 18, Binance said it would retire selected deposit addresses and memos in batches on multiple blockchains, including Ethereum (ETH), Tron (TRX), BNB and Stellar (XLM). The crypto exchange said that the retirement of old addresses is a routine and a part of enhancing security and efficiency for the users . List of retired deposit addresses on various blockhain networks. Source: Binance The users of these impacted deposit blockchain addresses will be notified via email and the exchange strongly encouraged that all impacted users obtain a new address and memo upon receiving the notification. The notification email will include the expirat...

Shibarium: Beginner's Guide to Investing in Shiba Inu Crypto

Cryptocurrencies are gaining popularity and acceptance, with new coins and tokens regularly hitting the market like Shiba Inu ($SHIB). One such cryptocurrency recently gaining popularity is Shiba Inu ($SHIB). The Ethereum blockchain hosts $SHIB, which is a decentralized cryptocurrency. This article will provide a beginner’s guide to investing in Shiba Inu cryptocurrency, including its background, technology, use cases, news and updates, the potential impact on the market, advantages and disadvantages, and how to invest in $SHIB. Introduction to $SHIB and its Background In August 2020, an anonymous developer known as “Ryoshi” launched Hibarium as a decentralized cryptocurrency. Ryoshi’s aim was to create a fun and lighthearted cryptocurrency that became known as a meme coin. The name of the coin is derived from the popular Shiba Inu dog breed. This breed is widely known in Japan and has been featured in Japanese pop culture. Many investors initially dismissed Hibarium,...

Apple Card Launches New High-Yield Savings Account in Partnership with Goldman Sachs

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Apple Card has officially launched its new high-yield savings account to users today. Moreover, the account is offering 4.15% APY to users, according to a press release issued today. Subsequently, Apple notes that the rate is “more than 10 times the national average.” The new feature from Apple allows users to grow their Daily Cash rewards with a new savings account from Goldman Sachs. Additionally, the feature requires no fees, minimum deposits, or minimum balance requirements, the press release stated.  JUST IN: Apple $AAPL launches high-yield savings account offering 4.15% APY in partnership with Goldman Sachs. — Watcher.Guru (@WatcherGuru) April 17, 2023 Apple Offers New Savings Account Amid its growing ecosystem of financial services, Apple has introduced an incredibly interesting one. Specifically, the Apple Card has launched a high-yield savings account offering 4.15% APY through a partnership with Goldman Sachs. “Savings helps our users get even mor...

Rep. Davidson to introduce legislation to fire SEC boss Gensler for crypto overreach

A U.S. Representative has declared he will introduce legislation to have SEC boss Gary Gensler removed from his role. Securities and Exchange Commission (SEC) chair Gary Gensler could be facing unemployment after United States Representative Warren Davidson declared he would introduce legislation to fire the SEC boss. In an April 15 tweet responding to Coinbase’s legal chief, Paul Grewal, the crypto-friendly Representative announced his intention to have Gensler removed from his role after the SEC's latest announcement about revisiting the proposed redefinition of an "exchange." "To correct a long series of abuses, I am introducing legislation that removes the Chairman of the Securities and Exchange Commission and replaces the role with an Executive Director that reports to the Board (where authority resides)," Davidson tweeted. Yep. To correct a long series of abuses, I am introducing legislation that removes the Chairman of the Securities and Exchange Commiss...

Recent Data Shows There Is a New ATH for ETH Addresses in Profit

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The blockchain tracking firm, glassnode alerts (@glassnodealerts), tweeted this morning that the number of Ethereum (ETH) addresses in profit (7d MA) just reached an all-time high (ATH) of 67,747,106.744. The tweet follows the recent deployment of the “Shapella fork”. At press time, the altcoin leader’s price stands above the psychological $2k mark at $2,107.05 according to CoinMarketCap. This comes after the altcoin’s price dropped around 0.33% over the last 24 hours. Nevertheless, ETH’s weekly price performance remains in the green at +12.49%. ETH was able to strengthen against the crypto market leader, Bitcoin (BTC), by 0.83% in the past day. As a result, 1 ETH is worth approximately 0.06919 BTC at press time. ETH is also trading near its 24-hour high of $2,120.59, with its daily low sitting at around $2,049.08. Daily chart for ETH/USDT (Source: CoinMarketCap) The daily chart for ETH/USDT shows that ETH’s price is currently trading above the 9 and 20 EMA lines aft...

US Dollar has Lost 98% of its Purchasing Power Since 1971

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Amidst the international conflict regarding the greenback, the prevalence of American currency has taken a hit. Subsequently, the US dollar has lost an astronomical 98% of its purchasing power since 1971. Purchasing power refers to the strength of one specific currency in reference to the total amount of goods and services that could be acquired through a single unit. Thus, the power of the US Dollar has seemingly plummeted in five decades. US dollar has lost 98% of its purchasing power since 1971. — Watcher.Guru (@WatcherGuru) April 14, 2023 US Dollar At its Weakest The US dollar has been a constant headline in the past few weeks. Specifically, international trade is seemingly focused on doing away with the currency’s current uniformity. In turn, some troubling statistics regarding its strength have surfaced. The US Dollar has concerningly lost 98% of its purchasing power since 1971, according to data from Visual Capitalist. Thus, proving that the unit of American ...

Hong Kong Securities Regulatory Commission official original text: If DeFi involves securities and futures trading, it also needs to be licensed

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Speecher:Keith Choy, Interim Head of Intermedlaries Division, Hong Kong Securities and Futures Commison(Chairman of Fintech Advisory Group) Editor:@null_aez, WuBlockchain Link: https://www.web3festival.org/hongkong2023/live?lang=zh-CN Good morning. It’s an honor to be invited to speak at this wonderful festival. Over the past few years, there have been many amazing developments and breakthroughs across various technologies. For example, we’ve seen enterprises incorporating artificial intelligence within their bussinesses, central banks, financial insititions are exploring the benefits of using distributed ledger technology (DLT). Just a few weeks ago, I experienced firsthand the wonders of Chatgpt. The potential applications of this technology and the like, and their reifications are huge. We’ve seen news report that financial firms are testing the tool and using it to write research reports. I must confess the thought of using Chatgpt to write this speech has also come across my mind....