Dogwifhat 10% drop could be ‘catastrophic,' but traders bet on bounce
The WIF meme coin is trading below what some believe is a concerning price level, but many traders are seemingly “betting on a WIF bounce.”
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Bitcoin Targets $1T in Settlement in 2020 — Stablecoin Growth Explodes
Bitcoin has settled $712 billion already in 2020, while stablecoins have already seen their biggest year ever. 1749 Total views 5 Total shares Cryptocurrency public blockchains will settle more in 2020 than ever before and have already topped $1.3 trillion, data shows.Compiled by analytics firm Messari on July 21, the figures reveal that Bitcoin (BTC)…
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Bitcoin price in classic ‘Bull Pennant’ breakout as BTC whales go on buying spree
Bitcoin (BTC) has the potential to rise toward $75,000 by the end of this year as it breaks out of a classic bullish pattern and picks additional upside cues from its richest investors' recent accumulation spree.Bitcoin Bull Pennant breakout in playBTC rallied over by 6% in the past 24 hours to reach a three-week high…
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FDIC bidding for Silicon Valley Bank is in progress: Report
The FDIC has reportedly started an auction process on late Saturday for Silicon Valley Bank. Bids are open for just a few hours. 1188 Total views 24 Total shares Own this piece of history Collect this article as an NFTThe United States Federal Deposit Insurance Corporation (FIDC) started an auction process on March 11 night…
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Coinbase, Gemini and others join forces to combat human trafficking
Cryptocurrency exchanges Coinbase, Paxful, Gemini and BitFinex have all joined the Anti-Human Trafficking Cryptocurrency Consortium, or ATCC. Launched in April 2020 by the Anti-Human Trafficking Intelligence Initiative, the consortium is a nonprofit focused on intelligence sharing, best practices and the development of tools to fight trafficking. The ATCC brings together crypto exchanges, blockchain intelligence firms…
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Mastercard acquires major crypto forensics outfit CipherTrace
The global payments giant plans to incorporate the crypto intelligence project into its digital currency expansion plans. 233 Total views 18 Total shares Mastercard’s focus on crypto and digital currencies appears to have taken a greater dimension given the company’s recent move.According to a release on Thursday, the global payments giant has reached an agreement…
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Coinbase may face years-long court battle with SEC, CEO warns: Report
At a London fintech conference, CEO Brian Armstrong disclosed that Coinbase might consider leaving the U.S. due to the lack of regulatory clarity in the country. 77 Total views 3 Total shares Own this piece of history Collect this article as an NFTUnited States cryptocurrency exchange Coinbase is gearing up for a lengthy legal battle…
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Bank of Thailand plans to regulate asset-backed stablecoins this year
After issuing a warning against a Baht-pegged stablecoin produced by a South Korea-based firm, Thailand plans to introduce a series of regulations for stablecoins in 2021. 3542 Total views 17 Total shares The Bank of Thailand, or BoT, is upping its game on the stablecoin front. This week, the institution had warned citizens that Thai…
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Prioritizing humanity ahead of profits through NFTs
Humanity is facing more problems than climate change. The world is confronted with some of the greatest challenges of our time: world hunger, growing inequality and economic instability. Many believe that the root cause of the entire range of problems faced by humanity is the expansion of the political power of elites as income and…