Arthur Hayes: Bitcoin Will Fall Below $50,000 This Weekend
On Friday, co-founder and former CEO of BitMEX crypto exchange Arthur Hayes stated that he predicts Bitcoin’s price will go below $50,000 over the weekend.
Spot Bitcoin ETFs Keep Bleeding
On September 5, the top 12 Bitcoin ETFs experienced significant outflows of $211.15 million, representing an increase of over six times compared to the previous day’s outflows of $37.29 million.
Mastercard Unveils a Non-custodial Crypto Spending Feature
Mercuryo, a platform for crypto payment infrastructure, has announced the launch of Spend in Europe in partnership with Mastercard.
Japan Could Tax Crypto as a Financial Asset
Japan’s Financial Services Agency has suggested the possibility of taxing crypto holdings as financial assets rather than as income.
Swiss Bank ZKB Launches Bitcoin and Ether Trading for Retail Customers
Zürcher Kantonalbank (ZKB), the fourth-largest bank in Switzerland, is now offering retail customers the option to buy, sell, and hold Bitcoin and Ethereum.
Robinhood Settles Charges with California Department of Justice
Robinhood’s subsidiary for trading cryptocurrencies previously prohibited customers from withdrawing the tokens they purchased.
Nexo Resumes Registrations in UK
In accordance with the new guidelines set by the Financial Conduct Authority (FCA), Nexo, a centralized crypto lender, has resumed client registrations for UK residents on Tuesday.
