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The Reserve Bank of India (RBI) says one of the priorities for the G20 under India’s presidency is to “develop a framework for global regulation, including the possibility of prohibition, of unbacked crypto assets, stablecoins, and defi.” The Indian central bank warned that “turmoil in crypto assets market” is among “the major risks that can potentially undermine global financial stability.” Indian Central Bank on Crypto Regulation India’s central bank, the Reserve Bank of India (RBI), released its Financial Stability Report (FSR) for December on Thursday. The 172-page report includes discussions on crypto assets, central bank digital currencies (CBDCs), and decentralized finance (defi). “Regulating new technology and business models after they have grown to a systemic level is challenging,” the RBI report states. “To promote responsible innovation and to mitigate financial stability risks in crypto ecosystem, it is vi...

All sorts of people in the crypto space have made huge profits recently, despite the bear market.  Those who were able to make profitable trades, such as shorting FTT at $20-22 before its collapse to $2 in the space of 48 hours, were able to make huge profits.  Dash 2 Trade gives traders all the tools they need  Dash 2 Trade is a platform that provides traders with all of the insights that they need in order to be able to most effectively navigate the markets.  Traders who use the platform will have access to a range of different Features including the ability to conduct technical Analysis and social sentiment gauging. Not only this, but they are also armed with alerts to let them know when there are new projects listing on centralised exchanges.  All that it takes to access this information is a subscription denominated in D2T tokens: there is a free tier with limited Features , 400 D2T are required to be paid for the starter tier, and 1,0...

Today’s top ten crypto assets make up a large portion of the crypto economy’s current $797.95 billion value on Dec. 29, 2022, and many of them are some of the most popular digital currencies today. While coin market capitalization aggregation sites allow patrons to add their favorite coins to a watchlist, between coingecko.com and coinmarketcap.com, bitcoin is the most watched top ten crypto coin in 2022 as it’s on approximately 4,848,865 watchlists today. The Top Ten Crypto Market Cap Coins in Terms of Watchlist Numbers As 2022 comes to an end, crypto market and price aggregation websites like coinmarketcap.com (CMC) and coingecko.com (CG) offer watchlists so visitors can hone in on their favorite coins or maybe the coins held in their portfolio. In basic terms, a watchlist is a specific set of crypto assets that a person selects in order to monitor and it can be viewed without monitoring all the other crypto assets the individual doesn’t care about. In t...

Source: AdobeStock / Andriy Blokhin Dan Berkovitz, General Counsel at the Securities and Exchange Commission, is departing the agency amid reports that he had met and dined with disgraced FTX founder Sam Bankman-Fried. In an announcement last week, the SEC said that he is departing his role at the agency effective January 31. Megan Barbero, currently SEC Principal Deputy General Counsel, will be appointed General Counsel following his departure.  Berkovitz was an ally of FTX within the financial regulatory agency and had meetings with Bankman-Fried and other crypto lobbyists, the Washington Examiner reported. The media claimed that it has viewed emails that suggest the SEC official had a warm relationship with SBF.  The emails were initially obtained by the watchdog Protect the Public's Trust. Michael Chamberlain, director of Protect the Public's Trust, said: “If ever there were a scene to conjure up a vision of a D.C. rigged toward cor...

Bitcoin's yearly losses are similar to high-profile stocks like Tesla and Meta with BTC investors down 70% in 2022. Gold and stocks have underperformed in 2022, but the year has been difficult for Bitcoin (BTC) investors, in particular. Worst year for Bitcoin since 2018 Bitcoin price looks prepared to close 2022 down  nearly 70% — its worst year since the crypto crash of 2018. Bitcoin monthly returns. Source: Coinglass.com BTC's depressive performance can be explained by factors such as the Federal Reserve hiking interest rates to curb rising inflationary pressures, followed by the collapse of many crypto firms, including Terra, Celsius Network, Three Arrow Capital, FTX, and others. Some companies had exposure to defunct businesses, typically by holding their native tokens. For instance, Galaxy Digital, a crypto-focused investment firm founded by Mike Novogratz, confirmed a $555 million loss in August due to holding Terra's native asset LUNA, which has crashed 99.99% YTD...

She said that the event seeks to raise funds to provide assistance for victims of ALS. Fran Finney, the wife of crypto pioneer Hal Finney, has announced a charity event to benefit victims of amyotrophic lateral sclerosis (ALS). Discussing the event on Twitter, Finney encouraged Bitcoin users to run a half marathon and share their experiences on social media between January 1 and January 10, 2023, to help raise funds to fight the disease. https://t.co/xpcvzCmtMd Hi everyone, this is Fran Finney, wife of Hal Finney, an early pioneer of Bitcoin. I want to let you know about a special event I'm organizing in honor of my husband. Thank you for all your interest in Hal and your support... he would love it! 1/5 — halfin (@halfin) December 27, 2022 The announcement was made by Fran Finney, using Hal Finney’s official Twitter account. The account had previously been reactivated by her in order to save it from Twitter’s purge of old accounts. Running Bitcoin — so called after the fi...

Crypto trading volumes in India have plunged significantly this year. The FTX meltdown has exacerbated the problem, hurting “the sentiment across crypto tokens.” Local crypto experts are not expecting a recovery in the near future “Unless something dramatic happens” in the upcoming Union Budget. Indian Crypto Market ‘Dead’ Since April, Says Expert Cryptocurrency trading volumes at major exchanges in India have plunged significantly this year. Since the collapse of crypto exchange FTX, major exchanges in India lost between 34% and 50% of trading volumes, Moneycontrol reported Monday, citing data from research firm Crebaco. However, the decline began long before the FTX implosion. One of the largest crypto trading platforms in India, Wazirx, lost 97.99% of its trading volumes from the beginning of the year to Dec. 22. Crebaco CEO Sidharth Sogani told the publication: I don’t think a lot of this recent trading volume plunge was driven by FTX. T...

The Brazilian Securities Commission CVM has cleared the path for funds to dive into cryptocurrency-based investments. The institution issued a new set of rules that allows financial investment funds to invest in cryptocurrency tokens with the equivalent protections offered to other investment assets such as stocks and bonds, opening new markets for these companies. Brazilian Securities Commission CVM Regulates Cryptocurrency Investment for Funds Brazil has given one more step for the regularization and adoption of cryptocurrencies as investment instruments. The Brazilian Securities Commission has approved a new set of rules that now allow established funds to invest in cryptocurrency, opening a new market for these institutions. The norms, which were passed after President Jair Bolsonaro sanctioned a cryptocurrency law last week, regulate crypto investments in a way in which these companies will be able to enjoy the same protections available for other investment assets such as stoc...

Join Our Telegram channel to stay up to date on breaking news coverage The Amp price prediction shows that AMP could set a bullish run if the market can keep the coin above the resistance level of $0.0031. Amp Prediction Statistics Data: Amp price now – $0.0033 Amp market cap – $138.8 billion Amp circulating supply – 42.2 billion Amp total supply – 99.21 billion Amp Coinmarketcap ranking – #141 AMP/USD Market Key Levels: Resistance levels: $0.0045, $0.0047, $0.0049 Support levels: $0.0023, $0.0021, $0.0019 AMPUSD – Daily Chart AMP/USD is running a little retracement move above $0.0033 with a price growth of 6.77%. For the fact that the coin is recording some gain, the Amp price may follow a bullish movement within the channel if the coin crosses above the 21-day moving average. Meanwhile, traders can expect the price to continue to rise if the bulls put more pressure on the market. Amp Price Prediction: AMP/USD May Move Upside T...

LastPass users with weak master passwords may need to change the individual passwords they stored with the service. Password management service LastPass was hacked in August 2022, and the attacker stole users’ encrypted passwords, according to a Dec. 23 statement from the company. This means that the attacker may be able to crack some website passwords of LastPass users through brute force guessing. Notice of Recent Security Incident - The LastPass Blog#lastpasshack #hack #lastpass #infosec https://t.co/sQALfnpOTy — Thomas Zickell (@thomaszickell) December 23, 2022 LastPass first disclosed the breach in August 2022 but at that time, it appeared that the attacker had only obtained source code and technical information, not any customer data. However, the company has investigated and discovered that the attacker used this technical information to attack another employee’s device, which was then used to obtain keys to customer data stored in a cloud storage system. As a result, ...

Source: Blue Planet Studio/Adobe The Japanese securities, banking, and crypto heavyweight SBI and the Tokyo Stock Exchange-listed gaming firm Square Enix have announced a crypto gaming M&A deal. The companies have signed a share purchase deal for Gumi, an up-and-coming crypto and blockchain gaming company. The deal is worth around $53 million – and both SBI and Square Enix now plan to make significant moves in the crypto and blockchain gaming space. In a press release, SBI wrote that it would “combine” Gumi’s “game development and operational know-how” with its own “token listing” prowess. SBI added: “We aim to list [Gumi-developed crypto gaming] tokens on cryptoasset exchanges such as SBI VC Trade and Bitpoint Japan.” SBI owns both trading platforms. The firm added that it would use its own NFT marketplace, SBI NFT, “as a secondary distribution market for NFTs acquired” in Gumi-developed gam...

Dogecoin rebounded from Wednesday’s decline, as the meme coin moved away from a key support level. Prices have been hovering close to a two-month low in recent days, with today’s surge bringing optimism to remaining bulls. Litecoin was also higher, as the token remained close to a one-week high. Dogecoin (DOGE) Dogecoin (DOGE) was in the green on Thursday, as the meme coin rebounded from recent lows. Following a low of $0.07283 on Wednesday, DOGE/USD raced to an intraday peak of $0.07736 earlier in today’s session. The move comes as prices rallied, following a recent collision with a support point at the $0.0715 level. DOGE/USD – Daily Chart As can be seen from the chart, today’s move comes as the 14-day relative strength index (RSI) raced to a ceiling of 40.00. Since this time, earlier gains have somewhat faded, with the meme coin trading at $0.07657 as of writing. Should price strength manage to climb above this threshold, then DOGE could ral...

Most cryptocurrencies are still trading in the red, in reaction to the U.S. consumer confidence that rose to an eight-month high. Terran Coin coin price is trading above a key support level, but it has lost some of the gains it made yesterday as a result of battling a key resistance level. The narrative is similar for other crypto projects, which have had an equally harsh 2022 after hitting record highs in late 2021, buffeted by phenomena such as the Fed’s monetary tightening policy, and the implosions of giant players like the Terra/Luna ecosystem, hedge fund 3AC, and most recently, crypto exchange FTX. As of Thursday, December 22, Terran Coin (TRR) is trading at $1.66 according to data from TradingView and CoinGecko , up 5.1% in the last 24 hours. TRR currently has a live market cap of $38.16 million, with a 24-hour trading volume of $409,555, 8.7% less than the volume recorded in the previous trading day. Terran Coin Ecosystem Explores The Opportunity To Establish A DAO T...

Join Our Telegram channel to stay up to date on breaking news coverage The Ethereum Classic price prediction shows that ETC moves to the upside as any close above the $20 price mark is expected. Ethereum Classic Prediction Statistics Data: Ethereum Classic price now – $16.48 Ethereum Classic market cap – $2.2 billion Ethereum Classic circulating supply – 138.4 million Ethereum Classic total supply – 210.7 million Ethereum Classic Coinmarketcap ranking – #25 ETC/USD Market Key Levels: Resistance levels: $24, $26, $28 Support levels: $10, $8, $6 ETCUSD – Daily Chart ETC/USD is seen trading at $16.48 after recording an intraday high at $16.75 during the European session today. Looking at the daily chart, Ethereum Classic (ETC) is heading toward the 9-day and 21-day moving averages, which could hit the nearest resistance level of $17. Ethereum Classic Price Prediction: Would ETC Price Spike to the Upside? According to the daily char...

An investment vehicle is an asset into which investors pour money in hopes of the said asset increasing in value. Securities like stocks and bonds, as well as investments like mutual funds and EFTs, are some examples of investment vehicles. Now such investment vehicles are not limited to TradFi (Traditional Finance). There are crypto-related investment vehicles in the DeFi industry solely made up of digital assets. Bitcoin (BTC) has been the best-performing asset in the last decade, despite being at two-year lows. Hence, BTC is a part of many crypto investment vehicles. On the strength of demand from individual investors, Bitcoin saw an unchallenged bull run in 2017, with its price surging by more than 900% in a single year. By 2020, institutional investors began to see its potential, and publicly traded firms started employing it for treasury management, driving its price to record highs. Investor interest in financial products that offer exposure to BTC has increased because of...