Bitcoin price failed to clear the key USD 10,950 and USD 11,000 resistance levels. As a result, there was a sharp bearish wave below the USD 11,650 support. The price is currently (08:30 UTC) down 4% and it could continue to move down towards the USD 10,200 support zone. Similarly, most major altcoins retreated from…
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Source: Adobe/anish_ap1 Europe has the highest count of virtual asset service providers (VASPs) with deficient KYC procedures, followed by the strongest Asia-Pacific (APAC) region, and North America, claims CipherTrace, a developer of anti-money laundering, cryptocurrency forensics, and blockchain threat intelligence solutions. Their 2020 Geographic Risk Report argued that "effective Read more »Pay, Trade, Buy Bitcoin…
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What’s needed before even discussing a wide implementation of central bank digital currencies (CBDCs) is a reality check, with several major, interconnected issues left to be solved first, stated a report by Deutsche Bank Wealth Management’s Chief Investment Office (CIO). “CBDC is likely to change the financial world we live in – and soon, with…
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Today marks not only the end of September, but of the third quarter of 2020, as well as the beginning of the year’s final quarter. Looking back at the market’s performance in both the last month and the last three months we find both strong rallies and crashes. July, as we noted in detail, was…
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The "predictable" court ruling against Canadian social media startup Kik Interactive might provide a glimpse into what is waiting for some of the initial coin offerings (ICOs). Yesterday, US District Court Judge Alvin Hellerstein ruled in favor of the US Securities and Exchange Commission’s (SEC) motion for summary judgment. According to the judge, based on…
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The team behind the IOTA (MIOTA) network has launched its distributed ledger technology (DLT)-based, open-source framework for granting or revoking conditional access to physical devices. IOTA is now working with Jaguar Land Rover, STMicroelectronics, NTT Data, EDAG, RIDDLE&CODE, ETO Gruppe, and BiiLabs in order to "bring a secure, highly-configurable, and Read more »Pay, Trade, Buy…
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Source: @SolitudeAU, Twitter For the second time this year, Justin Sun, Founder of Tron (TRX), had to deal with public accusations painting a dictatorial, self-centered, and even malicious picture of him, allegedly based on the (former) employees’ testimonies. As reported in January, two former BitTorrent (BTT) (acquired by Sun in 2018) employees sued Tron for…
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Bitcoin price is still struggling to clear the USD 10,950 and USD 11,000 resistance levels. It seems like BTC is stuck in a crucial range above the USD 10,550 support. The price is currently (08:30 UTC) well above the USD 10,550 and it might make another attempt to surpass USD 11,000 in the coming sessions.…
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At this stage, with planned tokenization of both gold and the local currency Norwegian krone (NOK) in the works, Norwegian Block Exchange (NBX) is set to prioritize regional growth over global expansion, NBX Co-Founder and Managing Director Stig Kjos-Mathisen told Cryptonews.com. “The next year, NBX will focus on offering trading pairs, services, and products that…
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Despite a focus on “fairer distribution” of newly issued tokens, so-called Initial DEX Offerings (IDOs) tend to benefit only the most advanced traders, much in the same way as the now-infamous Initial Coin Offerings (ICOs) of 2017, a crypto research firm Messari warned. The warning comes on the heels of a summer that has yielded…
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