Trump election victory could push Bitcoin to $92K, says Bitwise exec
Jeff Park says “merger arb-style probability math” may mean Bitcoin rallies to $92,000 following a Trump victory.
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Financial Action Task Force Urges UK to Improve AML Activities in Cryptocurrency Sector
The Financial Action Task Force (FATF), an intergovernmental financial security body, has demanded the United Kingdom step up its cryptocurrency monitoring. According to a new report released Dec. 7, the country needs increased measures to prevent money laundering and combat terrorist financing (CFT).As part of its dedicated “mutual evaluation” on the U.K.’s Anti-Money Laundering (AML)…
Bitcoin price hits $62.6K as Fed ‘crisis’ move sparks US stocks warning
Bitcoin price action may have to diverge from stocks if history repeats itself after a bumper Fed rate cut, analysis warns.
Bitmex parent 100x appoints German stock exchange exec as new CEO
Amid ongoing legal action from U.S. authorities, the company behind Bitmex — 100x — has announced a new CEO. 2399 Total views 16 Total shares 100x — the holding group for Bitmex’s parent company — has announced the appointment of a permanent new CEO in the wake of charges filed in Octob against the exchange’s…
Bitcoin price passes $32K with traders wary of ‘relief rally’ if resistance stays
Bitcoin may not be able to make good on its Bank of America pump if its daily close fails to impress. 610 Total views 3 Total shares Bitcoin (BTC) passed $32,000 later on July 16 as positive reactions over Bank of America's (BoA) Bitcoin futures go-ahead continued.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin nears $32,300…
Santander Issues $20 Million End-To-End Blockchain Bond on Ethereum
Major Spanish bank Banco Santander has issued what it claims is the first end-to-end blockchain bond. In a Sept. 12 news release, the bank revealed that it had issued a $20 million bond directly onto the Ethereum (ETH) blockchain, where it will remain until the end of its one-year maturity.Faster, cheaper and simpler than legacy systemsSantander…
Karpeles Says Mt Gox Verdict May Set ‘Dangerous’ Precedent
A day after a Tokyo court upheld charges against him, Mark Karpeles, the former owner and CEO of Mt. Gox, spoke to Cointelegraph. 1370 Total views 20 Total shares A day after a Tokyo court upheld charges against him, Mark Karpeles, the former owner and CEO of the now-defunct exchange Mt. Gox, spoke to Cointelegraph…
DeFi Tokens Outperformed Bitcoin in Q2 but Will the Rally Continue?
Compound, the Decentralized Finance protocol, reached the $1 billion dollar mark in funds borrowed from its protocol on June 13, with its top three markets being the DAI and USDC stablecoins followed by Ether (ETH).Currently, MakerDAO’s DAI takes the lead with 79.88% of value borrowed from its protocol. Stablecoins seem to be popular in Compound…
Middle East accounts for 7.5% of global crypto volume — Chainalysis
According to the World Bank, less than 50% of adults in the Middle East and North Africa region had access to adequate banking services.