Bitcoin price galloped past the $8.3K resistance and above the long term descending channel in a move many say is fueled by escalating tensions between the U.S. and Iran. On Tuesday Bitcoin price (BTC) continued the rally of the previous…
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Directors of Alleged Crypto Pyramid Scheme Dunamiscoins Stand Trial
Two directors of Dunamiscoins, an alleged cryptocurrency pyramid scheme in Uganda, appeared before court on Monday to face 65 counts tied to obtaining money by false pretense. Two directors of Dunamiscoins, an alleged cryptocurrency pyramid scheme in Uganda, appeared before…
Binance Crypto Exchange Adds Support for Australian Dollars and Thai Baht
Major cryptocurrency exchange Binance has added support for Australian dollars and Thai baht. Major cryptocurrency exchange Binance added support for Australian dollars (AUD) and Thai baht. Binance announced support for the national currencies in separate releases on Jan. 7. Thai…
Crypto Custody, Explained
Crypto custody is the latest buzzword in the industry — but does it have the potential to interest institutional investors in digital assets? Where next for crypto custody? Financial institutions, regulators and investors are continuing to grapple with the issue…
Bitcoin Price Rockets to $8,450 as Iran Attacks U.S. Bases in Iraq
Bitcoin price galloped past the $8.3K resistance and above the long term descending channel in a move many say is fueled by escalating tensions between the U.S. and Iran. On Tuesday Bitcoin price continued the rally of the previous day…
$17M Funding Round in Startup to Bring Blockchain Tech Into ETFs
Blockchain startup Securrency receives over $17 million in funding as asset manager WisdomTree leads the charge to bring blockchain to ETFs. As a Bitcoin exchange-traded fund (ETF) continue to elude U.S. markets, one startup has secured $17 million that seem…
Android Platform Now Home to Coinbase Pro Trading App
Cryptocurrency exchange Coinbase Pro has made its trading app available for Android users. Coinbase has expanded compatibility for its trading platform, Coinbase Pro. The Coinbase Pro mobile app is now available on Android’s operating system, Coinbase said in a Jan.…
Turkey’s Financial Watchdog Plans to Regulate Crypto Markets, Report Says
Capital Markets Board of Turkey, the country’s securities regulation agency, has plans to step up guidance and oversight of crypto transactions in 2020. Capital Markets Board of Turkey has plans to regulate crypto transactions, according to local sources. Capital Markets…
Bitcoin Was Uncorrelated With Major Assets, Experienced Low Volatility in 2019
Bitcoin enjoyed a near 100 percent price gain over the course of 2019, but it otherwise had a tame year to round out the decade. 2019 was also the year that bitcoin’s price movements broke away from the rest of…
Though ‘Intriguing,’ Crypto Won’t Dethrone Dollar, Says IMF Economist
IMF chief economist Gita Gopinath said she sees too many different complications blocking a digital currency from overtaking the U.S. dollar. Digital currencies have gained prominence over the last few years, although such options will not budge the U.S. dollar…