While the case between the SEC and the NAC Foundation is far from over, the CEO’s partner Jack Abramoff was reportedly not indicted in this current lawsuit.NAC Foundation, the company behind the AML Bitcoin, an Anti Money Laundering digital token which scooped $5.6 million in an Initial Coin Offering back in 2017. As gleaned from Law360, the companies Chief Executive Officer Rowland Marcus Andrade told a United States District Judge in San Francisco to acquit him and his company of all fraud...
Read More »Mode Global Joins Other Global Companies by Adopting Bitcoin as Treasury Reserve Asset
Mode Global prides on being the first publicly traded company in the United Kingdom to invest in Bitcoin.London Stock Exchange-listed company Mode Global Holdings PLC (LSE: MODE) announced on Wednesday that it has allocated up to 10% of its cash reserves to purchase Bitcoin beside adopting it as its treasury reserve asset.At the time of writing, MODE shares were trading around €45.44 having dropped approximately 0.13% in the past 24 hours.The move by the company to put part of its cash in...
Read More »PayPal to Enable Bitcoin and Crypto Purchasing and Selling
One of the world’s largest online payment processing companies, PayPal, has joined the cryptocurrency market and it will allow its customers to hold, buy, and sell Bitcoin and other cryptos using fiat currency. In addition, PayPal customers will be able to spend Bitcoin to shop at over 26 million vendors already included in its network starting early 2021, Reuters reports. The company has stated that they are “working with central banks and thinking of all forms of digital...
Read More »Bybit Launches New USDT Perpetual Trading Pairs with ETH, LTC, XTZ and LINK
[Press Release] Singapore, Oct 21, 2020 — Four new perpetual trading pairs, ETH/USDT, LINK/USDT, LTC/USDT, and XTZ/USDT, will be listed on crypto trading platform Bybit and begin trading today. The new USDT pairs join the existing markets of BTC/USDT, BTC/USD, ETH/USD, EOS/USD, and XRP/USD on the Bybit exchange. The move significantly increases traders’ choices, as the open interest on the Bybit platform reaches new heights. “In response to popular demand, we are bringing...
Read More »Crypto Market Cap Gains $7 Billion as Bitcoin Blasts Through $12,000
Bitcoin has surged past $12,000 in the past several hours and it came just $200 away from marking a fresh 2020 high above $12,500. Interestingly, the alternative coins haven’t followed BTC’s move upwards, and Bitcoin has increased its dominance over the market. Bitcoin Nears A New 2020 High? The past few days have been quite bullish for the primary cryptocurrency. Ever since Bitcoin dipped to $11,200 on Friday following controversial news from OKEx, BTC has been gradually...
Read More »Tron (TRX) Price Analysis: Increase In Volatility Above $0.025
Tron price started a strong rally after forming a support base above $0.0250 against the US Dollar.TRX price rallied to $0.0300 before trimming almost all gains to test the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance at $0.0258 on the 4-hours chart (data feed via Bitfinex).The pair is likely to start a fresh increase as long as it is above $0.0255 and $0.0250.TRON price surged towards $0.0300 and recently declined heavily against the US...
Read More »#996 Bitcoin-Bar Room77 muss schließen, Ethereum Staking & Rekordstrafe Bitcoin Mixer
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 996. Im heutigen Video geht’s um folgende Themen: Berliner Bitcoin-Bar Room77 muss schließen, Ethereum Staking live in wenigen Wochen & Rekordstrafe für Bitcoin Mixer. 1.) Berliner Bitcoin-Bar Room77 muss schließen: Gäste schwelgen in Erinnerungenhttps://de.cointelegraph.com/news/former-patrons-can-t-drown-sorrows-as-first-ever-bar-to-accept-bitcoin-closes 2.) Ethereum 2.0: Geht das lang ersehnte Update in...
Read More »Analysts: If Stocks Fall, Bitcoin May Follow Suit
Bitcoin is back up again. At the time of writing, the price of the world’s number one cryptocurrency by market cap has surged more than $300, and it is now trading for just over $11,700, marking the highest it’s been in several weeks.Bitcoin May Be Facing Some Trouble SoonThe currency has been on a roll ever since October came about, and analysts are excited to see the currency make another attempt at gloriously reaching $12,000. While it’s still a few hundred dollars off the mark, things...
Read More »Grossbritannien: Financial Conduct Authority (FCA) verbietet Bitcoin-Derivate für Kleinanleger
Die Finanzmarktaufsichtsbehörde des Vereinigten Königreichs (FCA) hat bekannt gegeben, das Angebot an Krypto-Derivate und Exchange-Traded Notes (ETNs) ab 2021 aufgrund des hohen Risikos für Kleinanleger verbieten zu wollen. Mit Wirkung vom 06.01.2021 hat die zuständige Aufsichtsbehörde für den Finanzmarkt in Großbritannien ein Verbot des Handels mit Kryptowährung-Derivaten für...
Read More »Bitcoin-ATM: Berliner Unternehmen bringt die Bitcoin-Wechselautomaten nach Deutschland
Berliner Unternehmen stellt Bitcoin-Automaten in Schweinfurt auf Sie sind sehr rar gesäht und doch sollte man sie zukünftig immer öfters zu sehen bekommen: Bitcoin-Geldmaschinen, welche man mit Bargeld füttern und dieses anschliessend in Bitcoins umwandeln kann. Das Berliner Unternehmen cpi Crypto Payment International GmbH ist auf diesem Schritt in die Zukunft ganz vorne...
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