Crypto Market falls; Bitcoin down by more than 10%
Fear of tapering, inflation and other negative cues hit the Crypto market as well. Bitcoin even touched $42K. Ether and other cryptocurrencies also are down. The market participants are in fear of the Bear market.
US lawmaker urges congressional action on crypto as government avoids shutdown
Pennsylvania Senator Pat Toomey, one of the ranking members of the Senate Banking Committee, has suggested Congress step in with legislation if the Securities and Exchange Commission (SEC) is unable to provide sufficient guidance on cryptocurrencies.
El Salvador stacks 150 Bitcoin after BTC price crashes below $50k
The Republic of El Salvador has procured 150 Bitcoin (BTC) amid the biggest bear market since Bitcoin attained an all-time high of nearly $68,000 back in the first week of November. El Salvador has 1270 BTC now.
Norwegian Block Exchange to become first Nordic crypto platform to list on Euronext
Norwegian Block Exchange said on Friday that it would become the first Nordan country to list its shares on the pan-European Euronext stock exchange. The exchange has eight cryptocurrencies listed and about 20 trading pairs available.
Digital dollar needs broad consensus among authorities, says US Treasury Secretary
U.S. Treasury Secretary Janet Yellen has given her opinions on the potential of a digital dollar but is hesitant to come to any conclusions at this stage in proceedings. She said that such a move would require broad consensus among Congress, the U.S. central bank and the White House.