Tag: bitcoin trader

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Japanese Officials Are Working on a Digital Currency

Japan appears to have reversed its earlier stance on CBDCs as Facebook’s Libra and China’s digital yuan pressure decision makers to release a digital yen. Ruling party lawmakers in Japan are reportedly working on a proposal to issue a national digital currency, Reuters reports on Jan. 24. This appears to be a response to fears…
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Bitcoin Risk-Return a ‘Different Beast’ Compared to Amazon: Analyst

Even $AMZN performance in the 2010s keeps it firmly in line with traditional investments, while Bitcoin outperforms by an order of magnitude. Bitcoin’s (BTC) risk-return is a “different beast” compared to even the darling of the stock market of the 2000s, Amazon. That was the conclusion drawn by one of the cryptocurrency industry’s best-known analysts…
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Travel Platform Travala Expands Payment Options With XEM

Travala, a service that lets its users pay for hotel stays with digital currency, has expanded its crypto payment options by adding support of XEM tokens. Travala, a service that lets its users pay for hotel stays with digital currency, has expanded its crypto payment options by adding support of NEM (XEM) tokens. The NEM…
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‘Nothing Special’ — Bitcoin Slumps 6% on Coronavirus, Chinese New Year

A double whammy of uncertainty in stocks and a New Year sell-off could be at the heart of BTC/USD erasing gains last week, analysts say. Bitcoin (BTC) has shed 6% in a week thanks mainly to Chinese New Year and uncertainty over coronavirus, commentators are suggesting. Analyzing Bitcoin price data along with Chinese stocks’ performance…
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Celsius to Begin Offering Compounding Interest on Crypto Deposits

Crypto lending company Celsius will add compounding interest on deposited tokens starting on February 1. Cryptocurrency lending and borrowing platform Celsius announced that it would be implementing compounding interest on cryptocurrencies deposited in its wallet, starting Feb. 1. The announcement came with a number of other updates in a Twitter AMA (ask me anything) with…
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Ukraine to Block Crypto Wallets for Illicit Funds, Finance Minister Says

Oksana Markarova, Ukraine’s Finance Minister, names the local authority that will be able to track the sources of origin of crypto funds. Ukrainian authorities will be able to “block crypto wallets” in order to seize illegally obtained assets, a notice on the country’s Ministry of Finance says. Oksana Markarova, Ukraine’s Finance Minister, reportedly said that…
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Week Two of RBI Vs. Crypto at the Supreme Court of India

The Supreme Court of India has this listened to further hearings in the landmark case against the central bank’s ban on banks’ dealings with crypto-related businesses. The Supreme Court of India has this week listened to further hearings in the landmark case against the Reserve Bank of India’s ban on banks’ dealings with crypto-related businesses.…
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SEC Goes Head-to-Head With Telegram, Makes a Guinea Pig of TON

A new debate emerges over the nature of digital assets and if they should be treated separately from the circumstances of their offering and sale. Earlier this week, the Chamber of Digital Commerce went ahead and filed an amicus brief for the ongoing court hearing taking place between Telegram — one of the world’s most…
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Research Firm and Environmental Watch Dog Test World’s First Air Quality Ledger

Citing inadequate weather data collection, an international partnership is testing an air quality ledger and trying to stem a global crisis. Citing the inadequate weather data collection, an international partnership is testing the world’s first air quality ledger and trying to stem a global crisis. Air quality as public health crisis PlanetWatch announced earlier today…
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Effect of CME Futures Options on BTC Price Depends on Halving

CME’s recent launch of BTC options on futures is already generating significant volume, but will it have any effect on Bitcoin’s price? CME Group launched new Bitcoin options on Jan. 14, which was revealed by the company’s global head of equity products Tim McCourt. The introduction of crypto options by a derivatives heavyweight in CME…
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