Is XRP bottoming out versus Bitcoin? Chart fractal mirrors 500% rally setup
XRP price is mirroring a 2021 bullish chart fractal that preceded a 500% rebound.
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A guide to setting up a crypto business in Switzerland
As the cryptocurrency world matures with more and more jurisdictions legalizing it and ensuring crypto becomes an industry standard, cryptocurrency receives a quality mark that proves that it can earn users’ trust. Over the next four years, the European Union will introduce new rules that will allow the introduction of blockchain technologies and crypto assets…
The ‘Elon Effect’ shows how opinion leaders shape the FinTech market
The power that influencers have in affecting public perception and therefore causing alterations in the value of a product, service, asset or currency has increased to the point where they can crash or uplift entire markets with their content and takes. The Elon EffectIn 2021, Elon Musk could send the price of the famous memecoin Dogecoin…
Celer launches cBridge mainnet, promising multi-chain compatibility
The launch of cBridge Version 1.0 comes with a user interface and node software. 242 Total views 3 Total shares Layer-two scaling platform Celer Network has officially launched the mainnet version of cBridge, a multi-chain network that gives users the ability to more easily swap assets across multiple blockchains. With cBridge, users can instantly transfer tokens…
Malicious ‘bull checker’ chrome extension found targeting Solana users
Decentralized exchange aggregator Jupiter has alerted users of a malicious browser extension that apparently managed to sneak through Solana’s drainer checks.
Facial Recognition Could Help to Stamp Out Bitcoin Social Media Scams
Coincurve’s Rod Hsu says facial recognition can stamp out social media Bitcoin scams. 899 Total views 19 Total shares Facial recognition can help prevent future Bitcoin (BTC) scams like those that hit Twitter and YouTube, said Rod Hsu, president and co-founder of virtual currency platform Coincurve. During an interview with Cointelegraph, Hsu said Bitcoin is an…
Japanese Trading Giant Itochu to Develop Blockchain Traceability System in PoC
One of largest Japanese trading companies has officially announced the start of a proof-of-concept (PoC) aimed to develop a blockchain traceability system, according to a press release published on Feb. 1.Itochu Corporation, a general trading company and one of the five largest companies in Japan, is developing a blockchain traceability system that will allow buyers…
Chinese Exchange FCoin Closes Down, Still Owes Users $125 Million
Zhang Jian, founder of Chinese crypto exchange Fcoin, revealed in a post earlier today that FCoin may not be able to pay the 7,000-13,000 BTC (that’s $67 million to $125 million) that it owes users. According to Zhang, the exchange hasn’t been hacked and isn’t an exit scam. But evidence suggests it might be exactly that. Zhang…
U.K.’s Financial Regulator Mulls Ban on Sale of Crypto Derivatives
The U.K.’s Financial Conduct Authority (FCA) has said it will consider whether to ban the sale of cryptocurrency-based derivatives, the Financial Times (FT) reported Oct. 29.Unlike crypto spot market activities, trading, transacting and advising on crypto derivatives such as contracts for difference (CFDs), options, and futures currently falls within the FCA’s regulatory perimeter and requires…