Below $7K: Bitcoin Price Looks Indecisive After 19-Day Low
Bitcoin’s price dropped to 19-day lows below $7,000 and created a doji candle on Sunday, signaling indecision in the marketplace.
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EU Banking Watchdog Extends Anti-Money Laundering Measures to Cover Crypto Firms
The European Union's banking watchdog on Tuesday issued guidance for crypto firms to comply with its anti-money laundering and terrorist-financing requirements.By extending the scope of its existing measures to cover crypto, the European Banking Authority (EBA) "harmonizes the approach" that crypto asset service providers (CASP) across the EU should adopt to combat financial crime, it
Crypto Prediction Market and Derivatives Platform Veil Is Closing
news Veil, the crypto-focused prediction market and derivatives platform, is closing its doors. Launched in January, the Veil web interface allowed users to place bets on Augur prediction markets, offering an instant settlement API to pay out on clear outcomes. The startup’s co-founder, Paul Fletcher-Hill, wrote in a Medium post: “We believe that cryptocurrencies and…
Crypto Carbon Credits Exchange Secures Approval From Germany’s BaFin
Tokenized trading project Neutral and DLT Finance, a German brokerage firm, have built a blockchain-backed exchange for carbon credits – financial instruments that represent forests and renewable energy products that businesses can use to offset their carbon footprint.The tokenized real-world asset (RWA) project isn’t the first to bet that blockchain can improve the multibillion-dollar carbon
Crypto Traders Suffer $1B in Liquidations in Sharp Sell-Off for Bitcoin, Ether
Cryptocurrency traders suffered $1 billion of losses in liquidations over the past 24 hours, according to Coinglass data, as digital-asset markets suffered one of their worst sell-offs of the year and bitcoin's price fell to a two-month low.Bitcoin, the largest and original cryptocurrency, tumbled 7% to about $26,900, after earlier in the day dropping close…
Blockstack’s Stacks Tokens Could Be Tradable in US Amid New Blockchain Launch
Dec 7, 2020 at 5:07 p.m. UTCUpdated Dec 7, 2020 at 5:28 p.m. UTCBlockstack PBC CEO Muneeb Ali (CoinDesk archives)Blockstack’s Stacks Tokens Could Be Tradable in US Amid New Blockchain LaunchWith the launch of a new blockchain – Stacks 2.0 – earlier next year, Blockstack PBC’s cryptocurrency Stacks token (STX) could be available to investors…
Caroline Ellison Shouldn’t Go to Jail After FTX Collapse, Attorneys Say
Former Alameda Research CEO Caroline Ellison should be sentenced to time served and supervised release at most, her attorneys said in a late Tuesday filing. Despite her role in propping up FTX and Alameda, Ellison cooperated with prosecutors, FTX's bankruptcy estate and creditors, the filing said. A presentence report similarly recommended no prison term or
WATCH: Ethereum Enters a ‘Crossroads’ at the Ethereal Summit
news On location in Tel Aviv at the Ethereal Summit, hosted September 15, CoinDesk’s Daniel Kuhn spoke with some of the major players in the ethereum space about where the second largest blockchain is heading. Billed as “the world’s computer,” ethereum has not lived up to its initial marketing campaign. ConsenSys and a crowd of…
Standard Chartered, Siemens Partner to Put Bank Guarantees on a Blockchain
NEWS Aug 29, 2018 at 14:00 UTC Multinational banking firm Standard Chartered is teaming up with the financial arm of manufacturing giant Siemens for a pilot scheme that puts bank guarantees for trade finance on a blockchain. According to a report from IBS Intelligence, the effort – that also includes assistance from digital ledger firm…