The cryptocurrency market has spiked the interest from the media and regulators over the last several years. Its actual lack of established regulations leads to numerous alleged criminal activities, and the U.S. government is reportedly preparing to act against potential money-laundering schemes.The director of the Financial Crimes Enforcement Network (FinCEN), Kenneth Blanco, has recently said that the country is looking for a way to introduce more strict enforcements on several...
Read More »Shanghai Looking to Close Down Crypto Businesses
You better watch out. You better not cry… If you use crypto and live in Shanghai…Shanghai Seeks to Shut Down Crypto BusinessesAs we get ready for the upcoming holiday season and familiar carols roll through our heads, so do thoughts of crypto, and in China, the digital currency industry is taking another blow to the gut. The government of Shanghai has announced that it will be looking into all cryptocurrency-related activities – such as tokens and trading – to see which crypto businesses need...
Read More »Tom Lee: Now Isn’t the Time for a Bitcoin ETF
Tom Lee has always been very adamant about bitcoin, but in a recent interview, he says that the space is way too small for a bitcoin-based exchange-traded fund (ETF) to work.Lee: Now Just Isn’t the TimeThere have been many attempts to get cryptocurrency ETFs approved over the past several years, but none have been successful. One of the ETF proposals that many believed would really pave the way for future bitcoin and blockchain-based products was the ETF application submitted by Van Eck Solid...
Read More »Weekend Digest: How Much Bitcoin Is Enough For Retirement In 5 years?
You can retire today on 20-30 BTC depending on where you live1 BTC, 32 ETH: it’s important to diversifyDon’t count on Bitcoin to retireIs there a right answer or it’s all individual?Bitcoin’s price has always been a hot topic within the cryptocurrency community. There are plenty of predictions on what it would be in the not-so-distant futures, and the estimates vary from $0 (from crypto skeptics) to $1 million by the end of 2020 coming from the popular proponent John McAfee.With this in mind,...
Read More »Saturday Market Watch: Bitcoin Faces Crucial Support, Altcoins Bleeding
The last couple of days saw the entire cryptocurrency market bleeding as Bitcoin and altcoins all marked notable decreases.Bitcoin lost around 5% of its USD value at one point, as it dropped from a daily high of $8,800 to about $8,360 in just a few hours. The cryptocurrency managed to recover ever so slightly as it’s currently trading at around $8,470, still down about 2 percent on the day.As CryptoPotato reported, the support at $8,500 also represents the Golden Fibonacci level of 61.8%...
Read More »Objective Thune
La rumeur de la sortie d’un ouvrage mystérieux consacré à Bitcoin se précise : Présenté comme un essai « richement illustré », Objective Thune aborderait, à travers les aventures de « Loumi et de son tiers de confiance », diverses facettes (économique, sociale, politique, philosophique, symbolique, etc.) de Bitcoin. Nous informerons bien entendu nos lecteurs de la sortie officielle de cet objet...
Read More »Anonymiser vos bitcoins en cinq étapes avec Samourai
« S’il y a bien deux idées qui persistent dans l’inconscient collectif, c’est de penser que Bitcoin est par nature fongible et qu’il permet un certain niveau d’anonymat. Sans revenir sur les différences importantes entre pseudonymat et anonymat, il est néanmoins assez évident que lorsque vous révélez certaines informations en utilisant Bitcoin (comme votre identité ou votre IP, par exemple), il...
Read More »Dow Jones Industrial Average Climbs above $28000 in New Milestone but Bitcoin Disappoints
Traditional markets and indexes are currently hitting new records. In one such first-ever milestone, the Dow Jones Industrial Average rallied to a record 28,000 plus levels on Friday. The rally comes amidst waning tensions in the U.S.-China trade war with the hope of reaching a trade deal between the two economic powerhouses.On Friday, November 15, Dow Jones’s 30-stock average climbed 222.93 points at 28,004. In just the last four months, the Dow Jones price index has surged by 1000 points....
Read More »The Faces Behind The Rising Bitcoin Futures & Derivatives Market
The Bitcoin futures market has exploded like no one could have expected over the recent years, and it continues to grow. This summer, BitMEX hit a new record for BTC futures trading at over $16 billion.CME recently petitioned the CFTC to double its BTC futures trading capacity in the face of soaring interest. Binance had recently entered the space, and Bakkt has launched with its physically delivered BTC futures product (albeit somewhat tepidly).In the light of so much action among the margin...
Read More »BBC Allegedly Links $450 Million Missing Cryptoassets from WEX to the Russian FSB
In what seems like a story out of spy movies, the Russian service of the British Broadcasting Corporation (BBC) has allegedly linked about $450 million of missing crypto assets from the long moribund cryptocurrency exchange Wex with to Russia Federal Security Bureau (FSB).The BBC has for six years been investigating the collapse of BTC-e which many have believed was a front for the alleged laundering of over $4 billion worth of Bitcoins and why Alexander Vinnik is being accused of the same....
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