Alexander Bowring

Blog Info FullyCrypto
Blog website Link
Stats Has written 80 posts about cryptocurrency

Jul 22 2021

Goldman Sachs: 45% of Family Offices Plan to Invest in Crypto

Reading Time: 2 minutes A recent survey by Goldman Sachs reveals that 15% of family offices have already invested in crypto. The survey notes that 45% of family offices are interested in investing in crypto. However, crypto volatility continues to drive some investors...

Jul 21 2021

EU to Ban Anonymous Crypto Wallets and Transactions

Reading Time: 2 minutes The EU aims to bring a ban on anonymous cryptocurrency transactions and anonymous wallets. It argued that this latest move would help enforce anti-money laundering (AML) standards. The proposal requires halting crypto transactions of more than...

Jul 19 2021

Financial Experts Suggest Stablecoin Regulatory Framework

Jul 19 2021 Published at FullyCrypto under tags  cryptocurrency news stablecoin

Reading Time: 2 minutes Two high-profile financial experts have laid out a regulatory framework for stablecoins. The pair offered to either make stablecoins equivalent to public money or transform them into CBDCs. Despite all the hostility, stablecoin activity continues...

Jul 18 2021

Australia’s First Crypto Debit Card to Launch in September

Jul 18 2021 Published at FullyCrypto under tags  bitcoin bitcoin news cryptocurrency news

Reading Time: 2 minutes CryptoSpend has announced a partnership with the payment network Visa, allowing users to spend their Bitcoin through Visa cards. This is the first time Aussies will be able to use crypto as a payment method. Both Visa and Mastercard aim to...

Jul 17 2021

Is the U.S. the World’s Most “Crypto-Ready” Country?

Reading Time: 2 minutes According to the "Crypto-Ready Index," the United States is the most "crypto-ready" nation worldwide. The U.S. managed to score 7.3 out of 10 in the Crypto Head index. Following the U.S., other crypto-ready countries are...

Jul 16 2021

The Digital Euro is Already Raising Concerns

Jul 16 2021 Published at FullyCrypto under tags  cbdc cryptocurrency news

Reading Time: 2 minutes The digital euro is in the "investigation phase," but it has already raised a number of privacy and utility concerns. Users are concerned that governments would gain an unbalanced control over citizens' money with CBDCs. The ECB...

Jul 15 2021

New Ethereum Documentary to Feature Vitalik Buterin

Jul 15 2021 Published at FullyCrypto under tags  cryptocurrency news ethereum

Reading Time: 2 minutes "Ethereum: The Infinite Garden" is a new documentary aiming to deliver the first feature-length documentary about Ethereum. The documentary will feature Ethereum co-founder Vitalik Buterin. The documentary intends to raise 750 ETH...

Jul 14 2021

Crypto Exchange Bitcoin Reserves Hit 6 Month Low

Reading Time: 2 minutes Bitcoin reserve in crypto exchanges has reached 6 months low as traders keep withdrawing around 2,000 Bitcoin per day. Over the last three weeks, the cumulative balance of exchanges has dropped by around 40,000 Bitcoin. The depletion of Bitcoin...

Jul 12 2021

Australian Broker SelfWealth to Offer Crypto by Year-End

Reading Time: 2 minutes SelfWealth brokerage firm intends to expand its portfolio of services by adding cryptocurrency trading. The broker aims to encompass the 10 most recognized cryptocurrencies, including Bitcoin and Ethereum. 2.9 million Aussies are currently...

Jul 09 2021

Sen. Warren Asks SEC to Provide Crypto Regulation Update

Reading Time: 2 minutes Warren requires Gensler to provide an outline of the current concerns regarding crypto exchanges prior to July 28. She asserted that the crypto market poses risks to both individual users and financial markets. Gary Gensler had previously stated...

Jul 08 2021

Leading Investment Firm Goldman Sachs Anticipates the “Flippening”

Reading Time: 2 minutes Goldman Sachs has stated that Ethereum could best Bitcoin as the leading digital store of value in the coming years. The bank says that Ethereum's real-life use cases give it an edge over other crypto assets. While a...

Jun 30 2021

South Africa Expedites Crypto Regulations Amid Rise in Scams

Reading Time: 2 minutes South Africa aims to expedite its regulatory timeline and propose a final framework within three to six months. The recent AfriCfrypt scam that saw the Cajee brothers make off with more than $2 billion could be the major cause. South African...

Jun 29 2021

Indians Have Invested $40B in Crypto in the Last Year Alone

Jun 29 2021 Published at FullyCrypto under tags  cryptocurrency cryptocurrency news

Reading Time: 2 minutes Data acquired from a report by Chainalysis reveals that Indians have invested approximately $40 billion into cryptocurrencies in the past year. Despite the Indian government's hostility, crypto adoption is soaring in India. As of now, it is...

Jun 28 2021

Cardano Hopes for a Partnership with El Salvador

Reading Time: 2 minutes Charles Hoskinson recently revealed that they have reached out to officials from El Salvador regarding a state-level partnership. Hoskinson said that the paperwork is finished and they are waiting for a response. Cardano enables developers to...

Jun 24 2021

Activity on Ethereum DeFi is Slowing – Yet Innovation Continues

Reading Time: 2 minutes Prices of Ethereum and leading DeFi tokens continue to plummet as activity on DeFi's main chain is stalling. Despite the bearish sentiment, countless DeFi innovations are poised to come out. DeFi continues to onboard new users, though at a...

Jun 23 2021

Crypto Firms Have Paid More Than $2B in Penalties Since 2009

Jun 23 2021 Published at FullyCrypto under tags  cryptocurrency cryptocurrency news

Reading Time: 2 minutes A recent report from Elliptic reveals that the US regulators have imposed $2.5 billion in penalties against crypto-related firms. As per the report, unregistered securities offerings account for the bulk of the penalties. The findings indicate...

Jun 22 2021

Iran Bans its Blockchain Association

Jun 22 2021 Published at FullyCrypto under tags  blockchain cryptocurrency news

Reading Time: 2 minutes Iran has banned the "Iran Blockchain Association", a nonprofit and self-governing community aimed at developing blockchain. The ban comes after IBA published a crypto warning list that included names of high- risk crypto-related Iranian...

Jun 21 2021

Prominent Traders Predict Bitcoin to Tap $20k Price Soon

Reading Time: 2 minutes Gareth Soloway, Robert Kiyosaki, and several other prominent traders expect Bitcoin to retrace to $20,000 levels soon. Luke Lloyd, a leading investment strategist firm, has previously predicted Bitcoin to drop to $24,000. However, almost all...

Jun 16 2021

Swiss Bank Sygnum to Allow Trading of Leading DeFi Tokens

Jun 16 2021 Published at FullyCrypto under tags  cryptocurrency news defi

Reading Time: 2 minutes In a historic move, Switzerland’s Sygnum bank aims to allow institutional investors to get into DeFi in a regulated manner. The bank will provide regulated banking services for a number of leading DeFi tokens. Sygnum aims to add more DeFi...

Jun 15 2021

Microstrategy to Sell $1B in Stock to Purchase Additional BTC

Jun 15 2021 Published at FullyCrypto under tags  bitcoin bitcoin news microstrategy

Reading Time: 2 minutes Microstrategy has revealed its intentions to sell up to $1 billion in stock to acquire more Bitcoin. Just today, the company completed the sale of $500 million in bonds and will use its proceeds to buy Bitcoin. Microstrategy has gained around...

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