The attorneys representing European eToro users affected by the recent incident are exploring different options for a lawsuit in case the negotiation fails, but they might not wait with the motion to revoke the company’s licence, they said – as the number of their clients rises. eToro disabled its European clients’ ability to open new…
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Bitcoin (BTC) is becoming a challenger to gold’s standing as the one supra-currency, the thing to own when fiat currencies are kerplunked, Jonathan Ruffer, Chairman of UK-based Ruffer Investment Company, said, explaining their underlying reasoning for investing in BTC. "We have done much work on assessing the danger that bitcoin is a wrong’un. We have…
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There was a steady increase in bitcoin price above the USD 32,500 and USD 34,000 levels. BTC even broke the USD 35,500 resistance level, but it struggled to gain strength above USD 36,250. It is currently (13:00 UTC) trading well below USD 36,000, with a strong support at USD 34,000. Similarly, most major altcoins are…
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Source: Adobe/Юрий Дьяконов The strenghtening US dollar and technical issues at major crypto exchange Coinbase might be partially blamed for the bitcoin (BTC) crash seen yesterday, according to analysts. There’s something behind every crash of the world’s number one crypto, and many become determined to find who and what is to blame. Some believe that…
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Source: Adobe/あんころもち(ankomando) Bakkt, the US-based crypto platform, owned by the Intercontinental Exchange Inc., is forecasting high rates of growth in the crypto industry over the next few years, as well as growth in associated industries, factors that may have influenced its own decision-making. As reported yesterday, Bakkt is preparing to go public via a merger…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investing news US-based major digital asset manager Grayscale Investments said that most of their private placements are now open for daily subscription again after they were temporarily closed in December. The company Read…
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Source: Adobe/o_du_van A new report has concluded that increased M&A activity this year could prove just how quickly the crypto industry has matured – and how rapidly mainstream companies are becoming infatuated with this fledgling business sector. These were the findings of a review and outlook report from the Spartan Group, an Asia-based blockchain advisory…
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After a massive decline, bitcoin price remained well bid above the USD 30,000 zone. BTC traded close to USD 30,200 before it started a fresh increase. There was a clear break above USD 34,000 and the price is currently (05:00 UTC) attempting a close above USD 35,500. Similarly, there was a recovery wave in most…
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South Korean commercial banks are now in “fierce competition” with each other in the race to launch bitcoin (BTC) and other cryptoassets custody products that they believe will prove a lucrative market for them, per a new report. According to media outlet Newsis, industry sources claim that the cryptoasset management market “is expected to grow…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Trading news Bitcoin (BTC) average daily volume reached 11,179 contracts (55.9K equivalent bitcoin) in December, up 114% YoY, major derivatives platform CME said today, commenting on their BTC futures and Read more »Pay,…
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