Bitcoin traders expect Fed Chair Powell to ‘pump our bags’ and BTC to target $80K+
Historical Bitcoin performance data and investors’ expectation that the Fed will “pump our bags” have traders anticipating a strong BTC price rebound.
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Japanese watchdog issues warning to crypto derivatives exchange Bybit
The warning comes in response to Bybit’s marketing campaign that reportedly targeted Japanese investors. 3300 Total views 5 Total shares Singapore-based Bybit, the world’s fifth-largest cryptocurrency derivatives exchange by trading volume, has allegedly been running unregistered crypto services in Japan, according to an official warning.The Japan Financial Services Agency issued a formal warning letter to Bybit…
Investors rug-pulled after pouring $57M into dog-themed OlympusDAO fork
Hong Kong police have reportedly been notified of the incident, with the primary suspect having filed a police report and handed a computer over to authorities. 1913 Total views 23 Total shares After launching via a Discord channel on Oct. 28, AnubisDAO went on to raise roughly 13,256.4 ETH using Alchemistcoin’s liquidity bootstrapping protocol (LBP)…
Libra picks former HSBC brass as CFO
The G7's recent rejection of Libra doesn’t seem to have slowed them down. 1711 Total views 16 Total shares The Libra Association, which oversees the as-yet unreleased Libra cryptocurrency, has chosen a chief financial officer and chief risk officer for the project. Ian Jenkins, who touts experience from HSBC, Santander, and Credit Suisse, will supervise the…
At $10,600, Bitcoin price is on track for its second-best quarter ever
Bitcoin (BTC) is on track for its best third quarter ever, data shows as Q3 2020 has just one day left to go.According to price records from on-chain analytics resource Skew, this year should produce Bitcoin’s strongest Q3 in its history.BTC price challenges Q2 2019 closeBTC/USD traded at around $10,680 at press time on Sep.…
Big Four Auditor EY Provides Blockchain Solution for New Wine Traceability Platform
Big Four audit firm Ernst & Young (EY) is providing its proprietary blockchain solution for a major new platform that helps consumers across Asia determine the quality, provenance and authenticity of imported European wines. The news was revealed in an official EY press release on May 23.The e-commerce platform, dubbed Tattoo, has been developed for…
Taiwan Will Issue Draft ICO Rules By June 2019, Regulator Says
Taiwan plans to release draft Initial Coin Offering (ICO) regulation by June 2019, local English-language daily news outlet Taipei Times reported Tuesday, Oct. 23.The publication quoted plans from Wellington Koo, chairman of Taiwanese finance regulator — the Financial Supervisory Commission (FSC) — who was speaking at a meeting of the Legislative Yuan Finance Committee.“The more…
What Is Going On With the Crypto Markets, Analysts Unpack Factors Behind 10-Days Slump
Over the last 10 days the cryptocurrency markets have endured a massive sell-off across the board.There are a number of reasons that have led to the highly bearish sentiments on the market but seeing red has been difficult for many. As the value of Bitcoin and numerous altcoins have continued to decline to depressing levels,…
Coinbase reaches $100M settlement with NY regulators
Regulators stated that the company had a backlog of 100,000 alerts about potential suspicious customer transactions. 360 Total views 10 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTNew York regulators announced on Jan. 4 that cryptocurrency exchange Coinbase will pay a $50 million fine and invest a further $50 million in…