Day: June 21, 2021

The BTC365 Team – 22nd Jun 2021 As mainstream cryptocurrencies recover from their 3-month low, the BTC365 token offers investors a unique opportunity to enter the crypto market and leverage on this momentum while reaping additional gains from BTC365’s special dividend pool. Just last month, Bitcoin (BTC) plummeted to some US$30,000 – more than 50% off its record peak of US$64,829 in mid-April. Ethereum (ETH) & Binance Coin (BNB), the two next largest cryptocurrencies by market capitalisation, followed in lockstep, erasing almost US$200 billion from the crypto market on the 17th of May. The market has since made a partial recovery, with BTC, ETH & BNB retracing some 30-85% off their lows in May. Beyond owning these volatile coins directly, the newly-launched BTC365 toke...

Domestic policies are getting tighter, sparking waves On May 18, China Internet Finance Association and two other associations jointly issued “Announcement on the Prevention of Virtual Currency Transactions Speculation Risk”, underscoring the virtual currency transactions speculation risk, implying that virtual currency transactions are illegal in financial activities, and financial institutions and payment agencies should not provide support and services for virtual transactions. On May 21, Vice Premier of the State Council, Liu He presided over the fifty-first meeting of the Financial Stability and Development Commission of the State Council to study the next phase of financial. The meeting emphasized cracking down on Bitcoin mining and trading practices, and was determined to prev...