Bitcoin price probably ‘chops’ between $100K to $100K range until FOMC meeting
Analysts believe US interest rates will not change, but Bitcoin price could benefit if the Federal Reserve mentions quantitative easing at the next FOMC.
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Chinese bank tests biometric hardware wallet for digital yuan payments
Another Chinese banking institution has created a hardware wallet for the country’s central bank digital currency. 1852 Total views 8 Total shares China’s large-scale digital yuan testing across several cities continues to gather pace with some financial institution leading the development of hardware wallets for the central bank digital currency.According to news agency Xinhua, the…

Researchers Find Thousands of Crypto Pump-and-Dump Groups on Messaging Apps
There are thousands of pump-and-dump groups on popular messaging apps, a study conducted by the Social Science Research Network (SSRN) revealed Dec. 18.Pump-and-dump is the fraudulent practice of perpetrators encouraging unwitting investors to buy an asset to inflate its price artificially, and then selling it when the price gets high enough.This practice is not new,…

Optimism abounds for crypto and blockchain adoption at virtual Blockchain Africa
The first-ever virtual version of Blockchain Africa delivered an optimistic outlook for the cryptocurrency and blockchain space in the continent as the world settles into a new normal dictated by COVID-19.The conference featured a number of well-known industry commentators, participants and thought leaders from around the world who addressed a completely virtual audience. The event…

Will Bitcoin break above $30K? New JOLTS data, weaker dollar boost chances
On April 4, the U.S. dollar index (DXY), which measures the greenback's performance versus the basket of six leading foreign currencies, dropped by 0.5% after demand for workers in the world's largest economy declined. BTC price eye breakout with dollar at 2-month lowsBitcoin (BTC) has grown 3.5% since to around $28,800, continuing its extremely negative…

NY prosecutor suggests office will scale back crypto cases
Scott Hartman reportedly said authorities in New York’s Southern District had filed “a lot of big cases” after a crypto market downturn but suggested it was petering out.

Baseline Developers Propose DTL-Based Coronavirus Contact Tracing
Devs working on enterprise smart contract platform, Baseline, proposed blockchain-based solutions to coronavirus contact tracing. 1618 Total views 33 Total shares Developers working on Baseline, an enterprise smart contract and tokenization platform developed by Microsoft, Ernst & Young, and ConsenSys, are working to solve several flaws identified with Apple and Google’s proposal for coronavirus tracking…

Semler Scientific reports $42M paper loss on Bitcoin, floats $500M stock sale
Medical device firm Semler Scientific has lost on its Bitcoin investments but has proposed a $500 million securities sale which would partly fund more buys. 466 Total views 1 Total shares Healthcare technology firm Semler Scientific has reported paper losses on its Bitcoin holdings over the first quarter of this year as the cryptocurrency saw

FCA Launches Digital Sandbox for Tackling COVID-19 Solutions
The U.K.’s financial regulator is launching its digital sandbox early to foster innovative firms developing solutions to the coronavirus outbreak. 3868 Total views 11 Total shares The United Kingdom Financial Conduct Authority (FCA) announced it will pilot a digital sandbox intended to foster innovation from firms developing solutions addressing the COVID-19 pandemic on May 4.While…