Daily Crypto NewsEDITION #250, 29 June 2021

The Queen doesn’t love you, f*cking slave!

Hey #Moni Maker 🛴

Today, in 1985, former Rolls-Royce John Lennon was sold in New York for $ 2.229 million. Yes, yes, the HODL strategy was successful long before the advent of cryptocurrency, the Internet, and many of us. True! Crypto has changed the rules of the game. Now it is not necessary to keep the things of a celebrity and secretly wait for her or his death. You can just buy your favorite coins.

To make trading enjoyable, you need to navigate the media fields. Let’s go!

Britain's financial regulator has said Binance, one of the world's largest cryptocurrency exchanges, cannot conduct any regulated activity and issued a warning to consumers about the platform, which is coming under growing scrutiny globally.

In a notice dated June 25, the Financial Conduct Authority (FCA) said Binance Markets Ltd, Binance's only regulated UK entity, "must not, without the prior written consent of the FCA, carry out any regulated activities... with immediate effect".

It also issued a warning to consumers about Binance Markets and the wider Binance group.

Binance said in a statement that Binance Markets, which it acquired in 2020, was not yet using its regulatory permissions, and that the FCA's move would not impact services offered on its Binance.com website.

"We take a collaborative approach in working with regulators and we take our compliance obligations very seriously. We are actively keeping abreast of changing policies, rules and laws in this new space," a spokesperson said.

Binance announced in June last year that it had bought an FCA-regulated entity and would use it to offer cryptocurrency trading services using pounds and euros.

So what?

Ok, Binance wasn’t banned. But Binance is banned. Lol. Hey English Government, did Schrödinger's Cat bit you?

Germany's financial market watchdog BaFin on Monday granted the cryptocurrency exchange Coinbase permission to provide crypto custody services and proprietary trading, the first license it has issued for such business in Germany.

The license allows Coinbase Germany GmbH to conduct proprietary trading of crypto assets, BaFin added.

So what?

Once upon a time, we wrote that very soon countries may start fighting with each other precisely because of their views on cryptocurrencies.

Lol. Is our editor-in-chief baba vanga?

So what?

It's a pity the crypto bros are leaving us. But there is also a positive in this news. After all, we all lost bitcoins when we forgot seed phrases from wallets. But Popescu surpassed all of us. Or rather, he swam across …

Regulatory pressure from India's government and central bank has not deterred Indian investors. They are crazy about cryptocurrencies and are buying more and more.

Investments in cryptocurrency in India have grown by 19,900% over the past year, from $ 200 million to nearly $ 40 billion.

It is estimated that approximately 15 million Indians have invested in or hold cryptocurrency.

So what?

They prohibit, f*ck them!

It's a pity old man McAfee is dead. So people in 10 years would create own state, where crypto is not banned. On the basis of El Salvador, for example.

McAfee would be a great prime minister. Well, or responsible for order in the prison system …

In terms of adoption, the number of Bitcoin network users is comparable to the number of Internet users in 1997.

At the same time, the growth of Bitcoin is ahead of the spread of the Internet. If the pace continues over the next four years, Bitcoin will boast a billion users. This number is comparable to 2005 in the context of the spread of the Internet.

So what?

HODL.

Stop-loss order — is an order type that limits potential losses. Traders use this type of order to set a specific price level at which an existing order will automatically close if the price touches it.

And more you can find in our Glossary!

And you...buy Bitcoin! 😉 (it's a good time!)