Bitcoin 'diamond hand' sell-off risks outpacing ETF inflows at $98K
Bitcoin long-term holders are speeding up likely profit-taking, as data shows their net BTC position dropping compared to a month ago.
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UAE’s RAKBANK teams up with Bitpanda on digital asset platform for residents
The new digital asset management platform still requires the approval of the Central Bank of the United Arab Emirates.
Celsius countersues KeyFi, claims deceit and incompetence led to tens of millions in losses
Crypto lender Celsius has gone on the offensive against former staking and DeFi strategy associate KeyFi and its CEO, which had sued it a week before it went bankrupt. 159 Total views 35 Total shares Bankrupt crypto lending company Celsius countersued decentralized finance (DeFi) protocol KeyFi and its CEO Jason Stone on Tuesday in the…
‘Violent’ Bitcoin breakout due as BTC open interest nears all-time high
Bitcoin (BTC) stayed rangebound at the Oct. 6 Wall Street open with traders already planning for a “violent” breakout.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin whale activity highlights the importance of $19,000Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it moved up and down by only a matter of a few hundred dollars…
Study: Swiss Fintech Sector Grows, While Traditional Banks Decline
A new study shows that the fintech sector in Switzerland continues to grow, while traditional financial institutions are stagnating. The report was published by SwissBanking on April 1.The report dubbed “IFZ FinTech Study 2019” was prepared by the Lucerne University of Applied Studies with an aim to show developments in the fintech industry in 2018…
EOS Community Is Challenged After Node Announces Financial Rewards for Votes
This week, the EOS blockchain protocol angered decentralization proponents yet another time. Specifically, Starteos, one of EOS’ officially sanctioned Block Producers (BPs), appeared to publically offer its token holders financial rewards in return for their votes.Starteos’ vote-buying tendencies seem to fall in line with previous scandals centring around EOS: This year, the blockchain protocol reversed…
Unhosted is unwelcome: EU’s attack on noncustodial wallets is part of a larger trend
Last week, the European Parliament’s Committee on Economic and Monetary Affairs (ECON) and the Committee on Civil Liberties, Justice and Home Affairs (LIBE) voted in favor of a regulatory update that could compromise the exchange platforms’ ability to deal with noncustodial crypto wallets. Should the regulatory project make it to the legislation phase in the…
HSBC to Digitize Private Placement Records to Track $20B in 2020
British banking giant HSBC plans to move $20 billion worth of assets to Digital Vault, a new blockchain-based custody platform by March 2020. By deploying the platform, the global investment bank aims to digitize paper-based records of private placements in order to increase standardization and speed up processes in the growing industry, Reuters reports Nov.…
‘Dip’ ‘Buy’ and ‘Fed’ top trending topics on social media, per survey
Panic sellers hold your horses because dips are still for buying, according to data from Santiment behavior analysis. 58 Total views 3 Total shares Over the past seven days, the top trending words on cryptocurrency social media are “dip”, “buy” and “Fed”. Plus, the word “sell” fell out of the top 10 trending topics last…