Brazil’s CVM Says no to Binance Futures Trading: In a statement released on Monday, the Comissão de Valores Mobiliários (CVM) — Brazil’s securities regulator — announced the ban on Binance crypto derivatives trading in the country. According to the CVM, Binance is not authorized to offer securities trading in Brazil.For the CVM, crypto derivatives constitute a securities offering regardless of whether the underlying asset like Bitcoin (BTC) is not a security. Following the statement, Binance...
Read More »Kraken UK Subsidiary Obtains FCA Trading License
Kraken’s London-based subsidiary, Crypto Facilities, has reportedly become the first firm to get a trading license from the UK regulator, the Financial Conduct Authority (FCA).Kraken’s Crypto Facilities Becomes First in Europe With Trading LicenseAccording to Financial News on Monday (July 6, 2020), the Multilateral Trading Facility (MTF) license will enable the crypto futures platform to offer its derivatives market to institutional investors. Timo Schlaefer, Chief Executive at Crypto...
Read More »Bill Burr Will Purchase BTC After Chatting With Anthony Pompliano
Bitcoin has a new fan. Comedian Bill Burr, arguably one of the biggest comedians in the world following his Netflix special “F Is for Family,” announced that he is going to invest in the world’s number one digital currency by market cap after speaking with bitcoin bull and investor Anthony Pompliano.Anthony Pompliano Can Chalk Up Another Investor to His CreditPompliano was recently a guest on Burr’s podcast, and after a conversation that lasted more than an hour and 25 minutes, Burr found...
Read More »Over $15M Stolen from US Companies and Converted to Bitcoin May Not Be Recovered, FBI Says
The US Federal Bureau of Investigations (FBI) said that the $15.3 million that a Nigerian scammer stole from two Chicago-based firms might not be recovered because the funds were converted to Bitcoin.Alleged Nigerian Scammer Arrested, But He Apparently Doesn’t Reveal Bitcoin KeysNigerian media reported that Olalekan Jacob Ponle, nicknamed Woodberry, organized large-scale business email compromise (BEC) schemes. He targeted employees of two Chicago-based firms and manipulated them to conduct...
Read More »Bitcoin Price Analysis: Bulls Break Critical Level, Next Stop $10,000?
A close above the critical level of $9,300 on today’s daily candle would put the primary cryptocurrency in an excellent position for another retest of the main psychological barrier at $10,000 (but hey, there is some resistance in between!).There is likely to be a lot of intense selling pressure at this point, however, as this particular level has already forced back two breakout attempts in the last ten days (see the 4-hour chart below).The $9,300 resistance will need considerable volume to...
Read More »Elon Musk and Tesla Move Beyond Bitcoin’s Stature
Tesla – the car company brought to fruition by South African entrepreneur Elon Musk – now has a total market cap exceeding bitcoin, the world’s number one cryptocurrency by market cap.Elon Musk Sees His Company Grow to New HeightsThe news broke on July 2 when Tesla shares soared following a report that the company had sold more than 90,000 individual vehicles during the second quarter of 2020, well beyond any analyst’s expectations. The car company is now slated to move up into “Amazon...
Read More »Bitcoin Art: Famous Red Jester Painting Recreated to Reflect QE and Fiat Issues
Pascal Boyart, an artist from France who became popular in the cryptocurrency community through his paintings, has finished yet another mural.This one depicts the famous Red Jester but with a twist to reflect the current problems that riddle the global economy.“Contemplation of the Red Jester”The Bitcoin community’s favorite artist, Pascal Boyart, took it to Twitter today to announce that he has finished yet another mural painting.“Contemplation of the Red Jester”July 20203,50 x 6m.Rue de...
Read More »Cyber Kebab Biel: Innovatives Kebab Bistro setzt auf Krypto
Bitcoin Biel: Innovatives Kebab Bistro setzt auf Krypto Cyber Kebab in Biel macht seinem Namen alle Ehre. Ursprünglich rührt der Name daher, dass das Lokal eigentlich als Internetcafé gedacht war. Daraus wurde nichts und man machte mit dem bekannten Dürüm auf sich aufmerksam. Värdex Krypto ATM Mit dem neuen Värdex Krypto ATM steht jetzt allerdings doch ein Gerät in dem Bistro,...
Read More »Winds of Change? Ripple (XRP) Records 3-Week High Against Bitcoin (Price Analysis)
XRP saw a sharp 6% price rise over the past 24 hours to bring it to $0.186.Before this, XRP was trading sideways along with the support at $0.175.Against Bitcoin, XRP rebounded from 1900 SAT to reach 2000 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.175, $0.171, $0.157.Resistance: $0.195, $0.20, $0.21.XRP/BTC:Support: 1950 SAT, 1900 SAT, 1890 SAT.Resistance: 2050 SAT, 2100 SAT, 2200 SAT.XRP/USD: XRP Bulls Finally Wake UpXRP fell beneath a descending triangle pattern toward the...
Read More »Currency.com Tokenized Exchange Is Now Licensed In Gibraltar
Cryptocurrency and tokenized commodity exchange Currency.com has obtained a license permitting it to operate in Gibraltar.News of the license being issued arrives at the perfect time for the Minsk-based trading platform, which is looking to expand into new markets.Currency.com is already licensed by Belarusian authorities, making the Gibraltar license the icing on the cake and the prelude to entering new crypto-friendly markets.Having obtained the distributed ledger technology license from...
Read More »
Crypto news
