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The world's largest crypto exchange Binance has suffered another shutdown in Malaysia as the company continues to crack down globally.

After the notorious Twitter hack that took place on July 15, 2020, some cryptocurrency exchanges blocked suspicious wallet addresses thus saving their users' funds from thieves.

95% of the reported Bitcoin (BTC) trading volumes are actually forged and fake. What was once taken to be as an allegation, is now having a documented proof, a research conducted by Bitwise Asset Management.

Regardless of the unswerving rejections of Exchange-Traded Fund (ETF) applications set forth up to the present time, optimism is still high amongst some cryptocurrency users, that the imminent ETF decision may eventually be the one that is approved. That was until Jay Clayton, the U.S. Securities and Exchange Commission (SEC) chairman reassured those hopes again when he presented in a speech at Coindesk’s Consensus Invest Conference in New York.

Thursday, January 10 morning (0:10 AM UTC) – Cryptoasset markets were showing assorted signs, with several of the top market cap cryptos facing balmy variations both green and red. Bitcoin (BTC), the flagship crypto, was holding slightly above the $4,000 level, according to data from Coin360. But surprisingly, all crypto prices have abruptly declined except Tether, USD Coin, TrueUSD, Gemini Dollar, Dai, Status, Aurora, ODEM, HyperCash and maximine.

A wide range of institutional investors has recently shown interest in the rapidly developing blockchain area. However, the fintech has suffered a great variety of blows in the form of Bitcoin ETF application rejections from the U.S. SEC.

New York State is considering the launch of a special committee that will study the effects of cryptocurrencies on the local financial market. The initiative is created to provide the authorities with necessary information about the impact of digital currency and blockchain use in the state.

In the previous article about Bitcoin price trends at Coinidol.com, the experts have predicted that the price of Bitcoin could hit $3,000 by the end of December 2017. However, it’s June now and last week the Bitcoin price has already reached $3,000.

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