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Bitcoin Cash Analysis: More Upsides Possible If it Clears $305

Bitcoin cash price corrected lower, but it stayed above the $280 support against the US Dollar.The price is currently recovering, and trading above the $295 level and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $288 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair must break the $305 and $310 resistance levels for a fresh increase in the near term.Bitcoin cash price is slowly moving higher towards $300 against...

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UK Regulator Grants Licenses To Archax And Gemini

The UK Financial Conduct Authority has granted operational licenses to two cryptocurrency exchanges. Those are the UK-based digital security exchange Archax and the UK branch of the Winklevoss twins’ Gemini.Archax Regulated By The FCAAs announced yesterday, the UK Archax platform became the “first-ever FCA regulated digital securities exchange and custodian” in the country. Consequently, digital issuances from across the world will be able to trade on an FCA authorized secondary market....

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Gemini Works to Heighten Its Security with Eventus

The Gemini Exchange in New York – founded by Cameron and Tyler Winklevoss of “The Social Network” fame – has announced that it’s turning to Eventus Validus to monitor all the trades that occur on its crypto platform to ensure safety and security for its customers.Gemini and Eventus Are Pairing UpEventus is a trade-surveillance and market risk solution manager for cryptocurrencies and other assets. Right now, Eventus is utilized by six other crypto exchanges and is also quite popular amongst...

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This is How Hackers Stole 116 BTC From University of California

Hackers pulled off a successful ransomware attack on COVID-19 researchers from the University of California in San Francisco and received 116 bitcoins.Now, recently surfaced transcripts reveal how the entire operation played out.Phase One: The HackAlthough the name of the group was initially a mystery, the Bloomberg report said that the organization had a history of targeting health-care entities. Later on, a group dubbed Netwalker claimed credit for executing the ransomware attack on the...

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Analyst Says a $17,000 Price for Bitcoin Is Likely By End of Year

According to one analyst, bitcoin could potentially reach a price of more than $17,000 by the end of the year.Bitcoin Hitting $17K? Chances Are Pretty GoodIn a tweet, Cane Island Alternative Advisors’ Timothy Peterson explained:Odds of bitcoin reaching $17,000 any time during the remainder of the year are about 30 percent.The only problem is that the asset would have to shoot beyond the $12,000 mark for it to reach the said price. If this doesn’t happen, we can’t expect the currency to move...

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BlockFi Raises $50M, Anthony Pompliano Joins The Board Of Directors

CEO and Founder of BlockFi, Zac Prince, announced that his company had closed a Series C funding round for $50 million. As part of the investment round led by Anthony “Pomp” Pompliano’s Morgan Creek Digital, Pomp will join BlockFi’s board of directors.BlockFi Raised $50MPrince initially announced the fundraising in Pompliano’s latest podcast episode earlier today. The two specified that apart from Morgan Creek Digital, other prominent co-investors participating in the round included Valar...

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Bitcoin Crashes, Loses $800 in Roughly Two Days

It looks like bitcoin has let everyone down again. The world’s number one cryptocurrency by market cap has taken a serious turn for the worse and fallen to $11,600 – roughly $400 less than where it was yesterday.Another Bitcoin Fall Is in the BooksThe currency has been on a serious roll after the last few weeks, rising all the way from the mid-$9,000 range to above $12,000. However, now that the currency has broken previously set resistance, the asset is seemingly taking a serious step back....

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Rekord-Traffic auf Binance

Bitcoin-Börse Binance expandiert nach Deutschland. Investoren, Experten und Kryptofans fühlen sich an 2017 erinnert. Naht ein erneuter Bullrun? Es scheint so einiges dafür zu sprechen – nicht zuletz der kürzlich verzeichnete Rekord-Traffic auf Binance. Binance-Traffic so hoch wie nie zuvor! Binance ist eine der größten Kryptobörsen der Welt. Der CEO des Unternehmens gab am 17....

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Mastercard baut die globale Partnerschaft mit TransferWise weiter aus

Mit der Debit Mastercard von TransferWise erhalten Kunden weltweit Zugang zu einem Multi-Währungs-Konto und zahlreichen Mobile-Payment-Lösungen im europäischen Wirtschaftsraum Mastercard und das britische Fintech TransferWise weiten ihre globale Partnerschaft aus und ermöglichen so die Herausgabe von Mastercard-Karten weltweit in jedem Land, in dem Mastercard akzeptiert wird und TransferWise zugelassen ist. Die beiden...

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Finstar: Hypothekarbank Lenzburg lanciert Digital Asset Plattform

Brückenschlag zwischen der klassischen und digitalen Finanzwelt: Die Hypothekarbank Lenzburg macht die Bankensoftware Finstar «Blockchain ready». Über die Open-Banking-Plattform Finstar können digitale Vermögenswerte neu tokenisiert und auf die sicherste Art aufbewahrt werden. Die Hypothekarbank Lenzburg setzt dabei auf die Technologie der Taurus Group aus Genf. Die Finstar® Open Banking Digital Asset Plattform ist ein innovatives neues...

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