Crypto news

Today, bitcoin is trading for roughly $11,700. This is slightly above where it was just 24 hours ago, but the big question that’s likely on the mind of virtually every crypto trader out there is, “When is $12K going to show up again?”Is Bitcoin Planning to Move Up Anytime Soon?Not too long ago, the world’s number one cryptocurrency by market cap rose all the way to $12,400 in what was easily the biggest spike the asset had seen in well over a year. However, the surge didn’t last long, which...

Data from popular cryptocurrency monitoring firm reveals that institutional investors had a record-breaking number of leveraged short positions in Bitcoin futures contracts on the Chicago Mercantile Exchange (CME).While this might imply a lot of things, it appears that smart money is leaning toward bearish developments in the market. Of course, there’s always the possibility of a short squeeze.Institutional Bitcoin Shorts on the RiseBitcoin’s price lost about $1,200 in the last seven days....

Crypto fraud, sadly, is running rampant throughout the digital space, and according to a new report, popular crypto exchange Binance – arguably the biggest cryptocurrency trading platform by daily volume – has seemingly been associated with a common form of ransomware known as Ryuk.Binance Is a Central Hub for Ryuk EnforcersRyuk has been around since 2018. Per data from the FBI, the ransomware may be responsible for a minimum of $61 million in theft since it first emerged roughly two years...

The UK Financial Conduct Authority, responsible for financial regulations in the country, is looking to introduce further legislation that includes cryptocurrency firms.Such companies operating on the island may need to submit annual reports on how they deal with financial threats and crimes.UK FCA Explores Further Crypto RegulationsIn its latest consultation report, the watchdog noted that in July 2016, it introduced an annual financial crime report obligation for specific firms. By...

The crypto space is experiencing another red day today as a further $13 billion disappears from the market. This exodus of investment has caused Bitcoin to unravel $300 in the last 4 hours or about $1,200 in the last week.While there are no apparent catalysts for the current decline, Federal Reserve Chairman, Jerome Powell, is scheduled to give an update on Thursday regarding new steps the United State’s central bank plans to take to keep the struggling economy afloat.With rising pessimism...

Not long ago, bitcoin entrepreneur and former child actor Brock Pierce announced that he was looking to take on the White House and potentially run for President of the United States. He now has a famous campaign manager in Akon, who recently announced his own plans for a bitcoin city in Africa.Brock Pierce and Akon Work Together to Take the White HouseThis year’s presidential election is turning into one of the strangest events in recent years. It seems like most celebrities are of the mind...

The cryptocurrency derivatives trading exchange FTX has launched a Uniswap futures index combining the top 100 pools on the Uniswap platform.At the same time, the company’s recently released DEX dubbed Serum focused on the growing DeFi trend, continues with new developments.FTX Lists a Uniswap IndexFTX announced the launch of the Uniswap futures index yesterday. Essentially, it allows traders to employ a traditional digital asset exchange to access markets from the decentralized trading...

The collaboration strengthens SEBA’s Asset Tokenization Division in the field of Digital Treasury Products & Services and underlines the expert status which SEBA Bank prides itself on internationally SEBA Bank, a FINMA licensed Swiss Bank that provides a seamless, secure and easy-to-use bridge between digital and traditional assets, has signed a Memorandum of Understanding with Lightnet Pte. Ltd., a Singapore-based fintech company....

Kiyosaki: Jeder Anleger sollte sich baldmöglichst von den klassischen Finanzmärkten zurückziehen und stattdessen seine Zuflucht zur kapitalstärksten Kryptowährung Bitcoin (BTC) nehmen. Jeder Anleger sollte sich baldmöglichst von den klassischen Finanzmärkten zurückziehen und stattdessen seine Zuflucht zur kapitalstärksten Kryptowährung Bitcoin (BTC) nehmen. Begründet wird der Appell der Investmentgurus zu dieser Kapitalflucht in Richtung...

Das Grand Casino Luzern. Viele der Touristen wollen sich nicht nur die Stadt und die Umgebung ansehen, sondern kommen wegen der Spielbank Luzern. Viel später als angenommen, fangen nun auch die Casinos an, sich für digitale Währungen wie Bitcoin zu interessieren. Die Welt der Online Casinos entwickelt sich immer weiter. Vor einigen Jahren war noch nicht einmal klar, wie die rechtliche Situation bezüglich der Spielstätten aussieht. Lange...