Early Bitcoin-era whale moves $630K to Kraken, $5.5M in 2 months

It’s all systems go for cracking “final hurdle” resistance for both Bitcoin and Ether as the weekend nears. 591 Total views 26 Total shares Bitcoin (BTC) passed $50,500 later on Friday as a return to the $50,000 mark put bulls firmly back on the scene.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin lines up a $51,000…

The first thing to note is that despite the safe-haven characterization of crypto, the asset class itself in March appeared to be closely correlated with traditional public markets. Additionally, there were some notable crypto funds that went insolvent due to unhedged positions, a leverage mismatch or challenges with conducting proper risk management. Similar to December…

United States credit rating agency Moody’s Investor Service warned about the dangers of private versus public blockchains in new research issued on April 25.Part of an investigation into the potential impact of blockchain technology on structured finance, the report highlights key differences between current market trends.Specifically, corporations should be aware of the pluses and minuses…

XRP’s monthly volatility has plunged to its lowest levels ever, approaching the range that preceded the 60,000% price surge in 2017-2018.

The Risk Alert seemed to take particular aim at broker-dealers, who have been "inadequate" in their AML compliance. 1177 Total views 9 Total shares The Security and Exchange Commission's Division of Examinations published on Friday a blueprint for investment managers and institutions on how the division will inspect the handling of crypto assets, or “digital…

A former executive of investment bank UBS has established a United States-based digital securities platform.According to a press release on Nov. 27, Claude Waelchli — who served over 12 years at UBS in various executive positions — launched the Tokenyz platform for issuing digital securities. Waelchli states that the financial industry can benefit from digital securities…

Square’s majority stake in Jay-Z’s streaming service Tidal will potentially help artists grow their fan bases using blockchain technology, a Gartner analyst said. 1694 Total views 6 Total shares Square’s majority stake in Jay-Z’s streaming service Tidal could potentially result in some blockchain-related functionalities on the platform, according to one analyst.Avivah Litan, a technology analyst…

Cryptocurrency exchange Binance has launched a collection of educational content comprising almost 500 articles in order to provide “unbiased” information about crypto and blockchain, a press release confirmed Dec. 12.Binance, which regularly tops the list of the world’s largest exchanges by volume traded, will initially support 15 languages via the project.The launch and development is…

MotoGP race team Gresini Racing is embracing elements of decentralized ownership through a new program allowing fans to purchase personal team sponsorship packages.