Bitcoin is again forming a ‘three blind mice’ trading pattern: Peter Brandt

Covid-19 relief money does not seem to have been spent by many Japanese on cryptocurrencies. 1524 Total views 3 Total shares In April, the Japanese government began distributing 100,000 yen payments — about $930 —  to every household. But did the Japanese follow some in the United States and spend that money in crypto exchanges?…

"It is key that the scope of the new EU authority explicitly includes crypto-assets," said Luis Garicano, a member of the European Parliament. 470 Total views 4 Total shares The European Commission, in coordination with other authorities, reportedly plans to have its financial watchdog group potentially oversee illicit transactions at crypto firms.According to a Tuesday…

Since topping out at $19,484, Bitcoin price has struggled to reclaim the $17,000–$18,000 level. As the price continues to decline, traders are targeting key underlying support levels to determine where traders will buy if Bitcoin (BTC) price continues to fall. The immediate support levels based on whale clusters are $16,694, $16,411 and $16,064. Below the…

North Korean hackers linked to the $1.4 billion Bybit exploit are reportedly targeting crypto developers using fake recruitment tests infected with malware.  Cybersecurity outlet The Hacker News reported that crypto developers have received coding assignments from malicious actors posing as recruiters. The coding challenges have reportedly been used to deliver malware to unsuspecting developers. Malicious

Gemini’s future plans involve giving financial advisors access to crypto for their high profile investors. 212 Total views 20 Total shares Crypto exchange Gemini announced Thursday that it had agreed to purchase Bitria, a San Fransisco-based start-up that provides traditional portfolio management tools for use in crypto investments. The goal of Bitria is to provide a…

The Empire State made two appearances on the regulatory stage last week, and neither was entirely reassuring. On April 25, bill S8839 was proposed in the New York State (NYS) Senate that would criminalize “rug pulls” and other crypto frauds, while two days later, the state’s Assembly passed a ban on non-green Bitcoin (BTC) mining. The…

Leading insurance broking and risk management firm Marsh has piloted a blockchain-based digital placement platform.Per a Sept. 24 press release, the Risk Exchange platform aims to ensure a more transparent and secure digital placement and enables users to receive real-time information and feedback on the placement and binding process.Insurance placement is the purchase of an…