Crypto Remains Unregulated in Russia — Lots of Talk but No Action
Russian authorities are poised to introduce several prohibitive measures, yet feasibility and enforcement mechanisms raise questions. At the end of November, news surfaced that Russian cryptocurrency users, who have been operating in a regulatory gray zone, could soon be at risk as the nation’s financial authorities reportedly join forces to outlaw Continue Reading
Fidelity Launching Crypto Services in Europe, Citing ‘Significant Interest’
Fidelity Investments is expanding its crypto services to European clients after seeing increasing potential in this market. The expansion builds upon the company’s U.S. crypto business. “We’ve seen significant interest and engagement by the institutional community, which show no signs of slowing,” the company revealed. Also read: Regulatory Roundup – Continue Reading
Podcast: Cryptoconomy’s Guy Swann on the Bitcoin Community
“In Bitcoin, some of the best ideas happen when somebody just sits down and really breaks down a concept in writing. The best are articulated in a 15- to 20-minute article.” Guy Swann In this episode of the Bitcoin Magazine Podcast, Dave Hollerith talks with Guy Swann, host of the Continue Reading
Circle Sells OTC Desk to Kraken to Focus On Stablecoin
San Francisco-based cryptocurrency exchange Kraken announced that it has acquired Circle’s over-the-counter desk, Circle Trading. San Francisco-based cryptocurrency exchange Kraken announced that it has acquired Circle’s over-the-counter (OTC) desk. In a Dec. 17 blog post, Kraken said that the company has bought “one of the most recognized OTC desks in Continue Reading
Chainalysis: PlusToken Is Dumping on Huobi OTCs, May Be Eating Into BTC Price
The most devastating cryptocurrency Ponzi scheme in history may be contributing to bitcoin’s 2019 price decline. That’s according to blockchain analytics company Chainalysis, which has been tracking funds from the roughly $3 billion PlusToken scam since the thing blew up at the end of June 2019. As the scammers have Continue Reading
Stanford Funds Blockchain Startup Touted as ‘the Microsoft for Blockchain’
Blockchain startup Alchemy gathers funding from several large investors, including Stanford and Charles Schwab. Blockchain infrastructure startup Alchemy has garnered investments from multiple notable mainstream entities, including Stanford University, as well as leaders from other top businesses. Alchemy, a startup focused on providing blockchain infrastructure, as well as other tools Continue Reading
Christmas Cash-In For Bears As Bitcoin Dips Below $6,600
Bitcoin is crashing below the $6,600 price mark, dropping $350 over the past few hours. Tuesday Dec. 17 – Bitcoin (BTC) is retracing rapidly from around the $6,950 price mark to below $6,600 in the past few hours. Cryptocurrency market daily overview. Source: Coin360 Bitcoin price is taking a painful nosedive, Continue Reading
Coinfloor’s CEO Explains Decision to Delist All Crypto but Bitcoin to Cointelegraph
London-based exchange Coinfloor will delist all cryptocurrencies but Bitcoin to focus on Bitcoin only services from Jan. 3, 2020. London-based cryptocurrency exchange Coinfloor will delist all cryptocurrencies but Bitcoin (BTC) to focus on Bitcoin only services in January. The United Kingdom’s oldest crypto exchange will delist all cryptos including the Continue Reading
ISIS Turns to Blockchain-Based Messaging App Following Telegram Ban
ISIS experiments with blockchain-based messaging app BCM to share videos and propaganda after being banned from Telegram. Terrorist organization ISIS has turned to blockchain technology to anonymously spread videos and propaganda to thousands of people worldwide. A Vice report on Dec. 13th noted that experts who track ISIS’s activities online Continue Reading
4 Reasons Why Bitcoin Is Now Retesting November Lows — $6.4K Next?
Bitcoin price has slid further below $6,700 and is now retesting November lows for several technical reasons as the year draws to a close. On Monday Bitcoin price (BTC) abruptly fell below the $7,040 support and dropped to $6,800. As recent as Nov. 22 and Nov. 27, $6,800 served as Continue Reading