Crypto news

The last week of 2019 didn’t really bring a lot of excitement within the cryptocurrency market. Bitcoin’s price remained trapped within a fairly narrow range between $7,100 and $7,700, while altcoins struggled to claim any new grounds. As a matter of fact, Bitcoin’s dominance stabilized well above 68%, which showed that BTC kept its market share intact, despite the lack of any price increases. Despite the fact that Christmas is over, it’s important to monitor the price going forward. It’s...

Recently, Live Bitcoin News reported that the former CEO of Bakkt – the institutional crypto trading platform owned and governed by the Intercontinental Exchange (ICE) – had left her post to go serve in the United States Senate. While it’s only a temporary position, the company still needs to find a worthy replacement – even if it’s for just a small amount of time.Bakkt Has a New Person in ChargeBakkt is introducing us to Mike Blandina, the new CEO of the platform, while Adam White will serve...

Reddit’s Secret Santa gifts exchange is matching people on a random basis, then they send gifts to each other. This year, Reddit user Shelby receives gifts from the top U.S. business shark – Bill Gates.An 81 Pounds Box of Good TasteShelby lives in Detroit, Michigan and she was participating in Reddit Gifts since 2013, just like Bill Gates did. This year, she and her husband were shocked to see that the present sent to them by Secret Santa was an 81 pounds box with a mark #95 on it. This is...

Bitcoin attempted to regain some of the losses from this month as it increased by a small 1.26% this week. The cryptocurrency remained supported at $7,123 and even spiked higher to meet the December resistance at the $7,886 level. Bitcoin is now trapped within a range between $7,686 and $7,123 and must break this range to dictate the next market direction.If the bulls defend the support at $7,123 and start pushing higher, initial resistance lies at $7,400 and $7,686 (bearish .382 Fib...

As far as the S&P 500 index is concerned, Amazon seems to have hit a new record this holiday season. According to a Bloomberg report, the e-commerce giant’s sale of “tens of millions” of Amazon products, cemented a “record-breaking” end of the year.Amazon S&P 500 RecordAmazon’s low-volume trading, shortly after Christmas, ensured its top spot on the S&P 500 as it jumped by 3.4%. As holiday shopping continued to increase, other stores including J.C. Penney Co., Macy’s Inc. and...

At the hour of composing, XRP/USD is changing hands at $0.1882, generally both unaltered since the start of Friday and on the last day. XRP has recouped from December 18 low of $0.1725; in any case, the further recuperation is by all accounts restricted by a mental obstruction at $0.20.It’s critical to recall that regardless of whether XRP can turn bullish temporarily, its long term trend remains quite terrible. The cryptocurrency has plunged over 60% over the most recent half-year and has...

The Russian Central Bank is testing stablecoins, which are backed by real assets. The testing is to occur within a regulatory sandbox that functions based on certain regulations. The Russian Central bank disclosed this recently when the Chairman Elvira Niabullina said:“We test stablecoins in our regulatory “sandbox.” Companies come that want to issue tokens secured by some real assets. We in the “sandbox” look at how they can work, but we do not assume that they will function as a means of...

Tesla‘s products build a cyberpunk future many people were waiting since the 20-century classic books. A regulatory file posted on Thursday claims that big Chinese lenders work with Tesla corporation on financing the first Tesla plant construction in China. Situated outside of the U.S., the plant will serve the Asian market with the cars that are of high honor among Chinese folks.By signing several deals, Tesla is trying to expand its manufacturing to the world’s largest automobile market....

According to the publication, the Autorité des Marchés Financiers (AMF), made these rules to expand on the PACTE law. The PACTE law, which initially went into effect back in May, went down in history as one of the foremost comprehensive legal frameworks to guide the crypto sector, in all of Europe.Compliance RequirementsThe new AMF laws have a few mandatory points that interested applicants must meet. The DASP must have a two-year business plan, with specific details on how the business will...

OKEx crypto exchange officially announced the launch of Bitcoin options trading for a chosen few clients. This has happened ahead of a public launch on January 9, 2020. In a December 26 press release, the third-largest crypto exchange by daily trading volume worldwide has confirmed that the new contract will be settled daily in Bitcoin.Increasing Hedging Strategies Options for OKEx TradersAn options contract is a popular derivative that lets traders hedge against asset price swings in all...