Facebook’s forthcoming digital currency, the Libra, is probably the most uncertain project in the cryptocurrency industry at the moment. Ever since the company announced its plans to issue the asset, there has been significantly heavy backlash both from the public and also from the U.S. Congress, so much that the earlier proposed date for early next year is quite shaky, if not completely impossible. Now, a crypto futures exchange firm seems to be taken advantage of all the uncertainty of the...
Read More »Many Widely-Followed Traders are Bullish on Ripple Against Bitcoin
Ripple has been deteriorating in bear territory for most of 2019 against bitcoin. The third-largest cryptocurrency is down by over 63% year-to-date. The deep dive has driven many traders to take a bearish stance on the XRP/BTC pair. A trader seeing a massive XRP dump. | Source: TwitterNevertheless, the widely-followed accounts on Crypto Twitter (CT) think otherwise. They are seeing encouraging developments in the coin that they are sharing bullish charts. XRP/BTC Looks Hungry, Says Analyst...
Read More »HSBC Cuts 10,000 Jobs to Curb Its Expenses
HSBC Holdings Plc, a UK-based multinational banking and financial services holding company, has plans to downsize its staff and cut 10,000 high-paid jobs, which makes up over 4% of the company’s manpower. Such a decision has been motivated by the intention of Noel Quinn, provisional CEO of HSBC, to reduce costs the whole banking group is incurring.HSBC did not provide any comments. As Financial Times has reported on Sunday, job slashing will address those whose positions are high-paid. An...
Read More »Bitcoin Price Goes Below $8,000 as the Cryptospace Experiences a Squeeze
In what seems to be a return to bearish tendencies, Bitcoin price has dipped below $8,000 overnight, fortunately, major altcoins haven’t followed suit this time. At the time of writing, BTC was down 0.83% to $7,967.00.The altcoins, on the other hand, have fared differently with each altcoin seeming to find its ground. Ethereum (ETH) is down 0.51% to $174.16, XRP is up 5.44% to $0.27, EOS is up 1.27%, Tether down 0.71% to $1 while Litecoin is down by 0.97% to $55.68. Several factors may be...
Read More »British Crypto Investigations Skyrocket 74% as Watchdog Proposes Derivatives Ban
Investigations into cryptocurrency firms by the UK Financial Conduct Authority (FCA) have surged by three-quarters this year, as the agency tightens the rein on the crypto sector. Scrutiny On the Rise According to research from Pinsent Masons, an international legal firm, active investigations into cryptocurrency firms have surged to a whooping 87 companies in 2019 from just 50 a year prior. Speaking on the rampant increase in scrutiny, David Heffon, a partner at Pinsent Masons, remarked...
Read More »Bitfinex and Tether are Expecting Another Lawsuit for Market Manipulation
Stablecoin operator Tether Ltd. and its crypto exchange ally Bitfinex are expecting another lawsuit for charges of market manipulation. Citing an “unpublished and non-peer reviewed paper” the two companies unanimously stated that they are expecting a “meritless and mercenary lawsuit” based on the charges of their Tether token issuance for crypto market manipulation.Both the companies are calling these accusations as “baseless” aimed at hindering the “growth and success of the entire digital...
Read More »#722 Russland Ermittlung gegen Bitcoin Miner, BTC Erpressung & World Digital Mining Summit Frankfurt
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 722. Heute geht’s um folgende Themen: Russische Behörden ermitteln gegen Bitcoin Miner, Spanische Gemeinde wird um Bitcoin erpresst & World Digital Mining Summit 2019 Frankfurt. 1.) Russische Behörden ermitteln gegen Bitcoin Minerhttps://www.btc-echo.de/dtpk-und-zollgebuehren-russische-behoerden-ermitteln-gegen-bitcoin-miner/ 2.) Gemeiner Hack: Spanische Gemeinde wird um Bitcoin...
Read More »Minuszinsen? Nicht bei Coinbase!
1,25 % Jährliche Rendite erhalten US-Nutzer von Coinbase auf alle Einlagen in USD Coin. Die Krypto-Börse Coinbase hat am 2. Oktober ihr bisheriges Geschäftsmodell um ein Programm erweitert, das Nutzern Zinsen in Höhe von 1,25 Prozent pro Jahr verspricht. Die Rendite übertrifft dabei klassische Tagesgeld- und Sparkonten, wie große Banken sie anbieten. 1,25 Prozent jährliche...
Read More »IKEA testet die Ethereum Blockchain
Hot-Dogs essen und Möbel aufbauen; richtig, es geht um IKEA. Bald jedoch könnte unter die Aufzählung noch ein Drittes fallen: die Ethereum-Blockchain. Eine kleine schwedische Filiale steuerte nämlich seinen Teil bei zu den 38 Milliarden US-Dollar Jahresumsatz 2018 und dass mit einer Transaktion per Smart Contracts über die Ethereum-Blockchain. Vier Unternehmen und die Isländische Krone Für diese...
Read More »Bitcoin-Blase geplatzt? Interesse fällt auf Tiefststand!
Bitcoin-Blase geplatzt? Interesse so niedrig wie seit Jahren nicht mehr! Im Sommer 2019 wuchs das öffentliche Interesse an Bitcoin stetig. Doch nun fällt es offenbar wieder ab und hat sogar einen neuen Jahres-Tiefststand erreicht. Das legen zumindest die Statistiken von „The Tie“, einer Krypto-Trading-Ressource nahe. Die Daten beziehen sich auf Nachrichten-Schlagzeilen, die...
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