Safe’s Safenet wants to bring Visa-like payments network to crypto
Safenet aims to be a layer connecting existing blockchains and allow users to interact with any chain through a single account.
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Bitcoin suddenly slides 4% as BofA predicts a 20% stock market crash
The price of Bitcoin (BTC) abruptly dropped 4% from the day’s peak on Oct. 30 as the uncertainty in the stock market intensified. With five days left to the U.S. presidential election, Bank of America, or BofA, suggested a 20% drop is possible.The Dow Jones Industrial Average declined 7.55% since Oct. 12. Tech-heavy stock indices…
IRS Vs. Bitcoin ATMs: Industry Says There Is Already Enough Regulation
Earlier this week, the number of Bitcoin (BTC) ATMs installed worldwide reached a new milestone, surpassing 6,000. Coincidentally, another major development just a day before occurred within the same area: The United States Internal Revenue Service said it was looking into potential tax issues caused by such ATMs and kiosks.This development might allow the IRS…
Open the Floodgates: US Customers to See More Crypto Accessibility
The cryptocurrency market has come a long way in a seemingly short amount of time. Digital payment platforms have particularly taken note of the crypto market’s impressive growth, which is evident, as many have adopted new features and support for more cryptocurrencies.United States-based customers in particular seem to be reaping the benefits of recent implementations…
Art Piece Titled “I Can’t Breathe” Sold for Crypto at Auction
Crypto artist sold his “I Can’t Breathe” art piece for crypto on a blockchain-backed social network. 446 Total views 8 Total shares Osinachi, a self-taught Nigerian digital and crypto artist, has sold his latest “I Can’t Breathe” digital art piece on May 31 for 7 Etherum (ETH), about $1,703 at press time on a blockchain…
Japan’s financial regulator requests FTX Japan halt operations
Under the orders, FTX Japan will be required to suspend OTC derivatives transactions and related margins as well as new deposits from Nov. 10 to Dec. 9 unless the FSA steps in. 349 Total views 2 Total shares The Financial Services Agency, or FSA, of Japan has requested FTX Japan suspend business orders, citing the…
Sell the News? Why the Post-Halving Bitcoin Price Drop Isn’t Guaranteed
Bitcoin price faces strong resistance at $9,000 but if the upsurge continues post-halving, BTC could reach new range highs. 2380 Total views 38 Total shares The Bitcoin (BTC) block reward halving is set to occur on May 12 and traders have mixed opinions on the direction of BTC price following the event. Some believe that…
Crypto exchange OKCoin taps FIS subsidiary Worldpay to lead global expansion
“Worldpay has extensive experience guiding cryptocurrency exchanges through the complexities of the global payment ecosystem,” said Jason Pavona, a general manager with Worldpay Solutions. Cryptocurrency exchange OKCoin has selected merchant service provider Worldpay to aid in its expansion efforts, which includes bringing crypto-to-crypto payments to a global audience. OKCoin will leverage Worldpay’s foreign exchange services, allowing…
Top 5 Crypto Performers Overview: Tron, Neo, Cardano, Binance Coin, Litecoin
After a strong start in 2019, the crypto markets have witnessed sharp selling that dragged the prices down by about 10 percent on Jan. 10. This indicates that the process of bottom formation will be volatile.The traders should aim to book quick profits and trail their stops higher to protect any potential profits. The important…