Bitcoin eyes $77K as investor confidence spikes post-US election
Spot Bitcoin ETF recorded a new all-time high of over $1.37 billion in net inflows a day after Trump’s victory.
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UK Financial Conduct Authority Investigates ‘50’ Firms Over Cryptocurrency Non-Compliance
The U.K.’s financial regulator has doubled the number of cryptocurrency-related businesses it is inspecting over unlicensed operations, local daily news outlet The Telegraph reported Nov. 26.Responding to a Freedom of Information request by the publication, the Financial Conduct Authority (FCA) said it was currently eyeing 50 entities which it “suspected” were offering financial services without…

Celsius founder Alex Mashinsky broke US rules, say CFTC investigators: Report
If the majority of CFTC commissioners agree with that conclusion, it could file a case in federal court. Investigators from the Commodity Futures Trading Commission have reportedly concluded that bankrupt crypto lender Celsius and its former CEO Alex Mashinsky broke U.S. rules before the company collapsed.According to a July 5 report from Bloomberg, citing sources familiar…

Coinbase Reportedly Secures $20 Billion Hedge Fund Through Its Prime Brokerage Services
Major U.S. crypto wallet and exchange Coinbase has reportedly secured a $20 billion hedge fund for its custody service, Business Insider reports July 19. Coinbase launched “Coinbase Custody,” its digital assets custodian solution for large institutional investors, on July 2. The new service is notably secured through an independent broker, Electronic Transaction Clearing (ETC), that…

Binance Jersey Lists Exchange’s Own GBP-Backed Stablecoin
Fiat-crypto exchange Binance Jersey has listed a proprietary GBP-backed stablecoin, according to a press release shared with Cointelegraph on July 19.‘Overwhelming demand’ for stablecoin diversificationListing of the Binance GBP Stablecoin (BGBP) confirms earlier indications that the major industry player had its sights on imminently issuing its own fiat-pegged assets, starting with a cryptocurrency 100% backed…

Bulls buy the dip again after Bitcoin price rejects at a key resistance level
Bulls are keen to buy each Bitcoin price dip but is this enough to avoid repeat sell-offs at $19,500? 273 Total views 4 Total shares For the second day in a row, Bitcoin bulls have attacked the $19,500 level in an attempt to flip the crucial level from resistance to support. Each attempt to overcome the…

Is Technical Trading in Cryptocurrency Markets Profitable?
In two recent studies, I investigated the technical trading rules in the cryptocurrency market and profitability of technical trading rules among cryptocurrencies with a privacy function.In our first study, we collected daily price data on eleven cryptocurrencies for the period Jan. 1, 2016 to Dec. 31, 2018. Our sample consisted of cryptocurrencies exhibiting the highest market…

Top South Korean Utility to Co-Develop Blockchain System for Renewable Energy Certificates
South Korea’s largest power provider has signed a contract with two domestic power suppliers to establish a blockchain-powered system for transacting Renewable Energy Certificates (RECs). The news was reported by local energy news site Energy Daily on June 4.KEPCO — an acronym for the Korea Electric Power Corporation — is a $15.9 billion market cap…

Ethereum scaling protocols drive zero-knowledge proof use in 2023
Ethereum scaling remains the primary use case behind zero-knowledge proofs, according to a report from ZKValidator. 232 Total views 1 Total shares Ethereum scaling protocols dominate the use of zero-knowledge rollups (ZK-rollups), with major launches, new research and healthy competition key points in a sector report published by ZKValidator.The node infrastructure operator’s “State of ZK Q2”…