MicroStrategy should lend Bitcoin to boost yield — analyst
The proliferation of institutional Bitcoin custodians creates opportunities for MicroStrategy, according to a Benchmark analyst.
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The Finnish Financial Services Authority (FIN-FSA) has officially registered LocalBitcoins as a virtual currency provider, starting at the beginning of November 2019. Finland only allows officially registered providers who fulfill the legal requirements to operate in the country.A safe pair of handsIn order to receive the registration, LocalBitcoins had to prove to the FIN-FSA that…
SEC Settles With Nebulous for Unregistered Offering of Sianotes in 2014
The United States Securities and Exchange Commission (SEC) has reached a settlement with Nebulous, the company behind the Sia decentralized cloud storage network.$225,000 in disgorgement and penaltiesOn Oct. 1 the SEC announced in a news release that the charges were settled in the form of a civil monetary penalty without Nebulous admitting or denying the…
Crypto Joins the Zoom Monetization Call, Blockchain Addresses Key Issues
As staying home becomes the new normal, the popular video conferencing app Zoom continues to flourish. Despite multiple privacy concerns, on April 21, it was reported that more than 300 million people used Zoom’s flagship video conferencing app.It’s clear that Zoom still reigns supreme during the coronavirus pandemic, even as Facebook, Google and other tech…
Bitcoin Whales Bought the Dip, Data Shows as $1.2B Leaves Exchanges
Investors are in no mood to sell as the number of Bitcoins held in exchange wallets “falls off a cliff” this week. Bitcoin (BTC) exchanges lost 100,000 BTC during the weekend’s price crash, data shows — and that’s a bullish sign.Figures from on-chain monitoring resource CryptoQuant on Aug. 5 tracking exchange balances show a dramatic…
Bitcoin bulls target prices above $58K ahead of Friday’s $820M options expiry
Everyone is talking about a six-figure Bitcoin (BTC) price now that the digital asset has broken out of its multi-month downtrend and confirmed that a bullish trend is in play. If Bitcoin happens to enter a parabolic move toward $110,000, that would finally match PlanB’s Stock-to-Flow model prediction. According to the pseudonymous analyst, the scarcity and…
Crypto Stories: eToro co-founder Yoni Assia’s life in finance led him to adopt crypto early
Yoni Assia wanted to make trading accessible to “normal” people, and Vitalik Buterin helped him design the platform. 60 Total views 1 Total shares Yoni Assia, co-founder and CEO of eToro, entered the finance industry early. After receiving stock as a bar mitzvah gift, he became a successful trader while still in high school. Those…
WazirX announces INR withdrawals will resume on Aug. 26
The crypto exchange did not provide a timeline on when crypto withdrawals might resume, citing legal issues.
Wilshire Phoenix Updates Its Bitcoin ETF Filing With SEC
The United States Securities and Exchange Commission (SEC) has once again begun accepting public comments regarding the updated Bitcoin (BTC) exchange-traded fund (ETF) proposal by Wilshire Phoenix Fund.According to the official document published on Oct. 15, investment management firm Wilshire Phoenix and exchange NYSE Arca have filed an amendment to their Bitcoin ETF application to…