Circle payments startup announced that it is anchoring its business model primarily to providing stablecoin services. The news comes after the firm sold its over-the-counter (OTC) trading desk to Kraken. Additional executives were leaving as part of that Circle OTC sale deal. These top-ranking individuals leave just weeks after co-CEO Sean Neville said that he would be stepping down.Neville and CEO Jeremy Allaire used a long blog post on December 17 to say that the company would majorly focus...
Read More »Kraken Acquires Circle Trade OTC Desk as Circle Focuses on Its Stablecoin
According to an official blog post published yesterday, Kraken has acquired Circle Trade – Circle’s over-the-counter (OTC) platform. The statement says that Kraken sees Circle Trade as “one of the most recognized OTC desks in crypto” and the team is very excited about the acquisition.The statement also includes further details expected from the acquisition. Firstly, the company expects that the fact that its services would now be expanded and a lot more capable will attract new trading...
Read More »BitGo Users Can’t Receive Bitcoin SV (BSV) After February Genesis Hard Fork
With the Genesis hard fork on the Bitcoin Satoshi’s Vision (BSV) network scheduled to take place on February 4, 2020, California-based cryptocurrency management company, BitGo has announced that its BSV wallets will not be able to receive BSV transactions after the update due to compatibility issues.What Changes Will Bitcoin SV’s Genesis Bring?The Genesis hard fork will reportedly resolve several problems on the BSV protocol such as addressing scalability issues, sunsetting of...
Read More »TRON (TRX) CEO Justin Sun Threatens to Give Greta Thunberg $1 Million
TRON founder Justin Sun wants to give $1 million to help aid Greta Thunberg’s climate change initiative. Sun claims cryptocurrency itself will contribute to decreasing the world’s carbon output. But in terms of energy efficiency, cryptocurrency remains vastly less efficient than current digital payment methods such as VISA. TRON (TRX) founder Justin Sun offered to donate $1 million to Greta Thunberg’s climate change initiative. TRON: Justin Meets Greta Sun says he shares Greta Thunberg’s...
Read More »ErisX Launches Its Physically-Settled Bitcoin Futures to Compete Bakkt
In direct competition to ICE‘s Bakkt platform, cryptocurrency exchange ErisX has launched its physically-settled Bitcoin futures contracts. In an official announcement on Monday, December 17, ErisX said that it will make its futures contracts available in the U.S. as of now.The product dubbed “Futures Digital Currency Products” will start trading today onwards from 8:00 a.m. Central Time (14:00 UTC). As per CoinDesk, ErisX’s Bitcoin futures will trade alongside its existing cryptocurrency...
Read More »Blockchain-Hub Liechtenstein: Standortvorteile für Anleger und Unternehmen
Dorfplatz und das Landtagsgebäude in Vaduz, Liechtenstein Das regulatorische Umfeld in Liechtenstein ist im Hinblick auf Blockchain-Technologie weltklasse. Anleger und Unternehmen profitieren insbesondere von Rechtssicherheit. Letzte Woche fand in Liechtensteins Hauptstadt Vaduz das Digital Finance Forum Liechtenstein statt. Das Event bot eine Diskussionsplattform für Entscheidungsträger aus der Finanzindustrie, Technologiebranche und...
Read More »Cardano (ADA) Price Analysis: Can Bulls Protect $0.0300?
ADA price is under a lot of pressure below the $0.0350 level against the US Dollar.The price is down more than 10% and it traded close to the $0.0300 support.There is a major bearish trend line forming with resistance near $0.0355 on the 4-hours chart (data feed via Kraken).The price could recover in the near term as long as it is above the $0.0300 support.Cardano price is in a strong downtrend against the US Dollar and bitcoin. ADA price could correct higher, but the $0.0330 and $0.0350...
Read More »Kraken Exchange Is Sued By A Former Employee For Discrimination
The popular U.S.-based cryptocurrency exchange, Kraken, has been reportedly served with a lawsuit against it from a former employee. The case is brought by a whistleblower accusing the company of harassment, discrimination, wrongful termination, and even lack of paying rent.Kraken Sued By A Former EmployeeKraken’s former employee, Nathan Runyon, has filed a lawsuit on November 26th against his former employers. Some of the accusations appear extremely serious, including disappearing customer...
Read More »Bitcoin Price Analysis: The Blood Bath Continues To $6,500. Is Correction Nearby?
So far, the month of December 2019 reminds us of the cruel month of December 2018.Last year it was the capitulation candle to $3122 that was achieved on December 15. This year’s December isn’t disappointing the bears at all: from the monthly high that was reached on Dec 4 at $7770, down to $6530, which is the current low on Bitstamp as of writing these lines.The bearish momentum is all over, and if you were following, we had stated that here in the previous price analysis posts over the past...
Read More »#774 Ethereum am Abgrund, Simplecoin und Chopcoin schliessen & Fidelity Investments Europa Expansion
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 774. Heute sprechen wir über folgende Themen: Ethereum am Abgrund, Mining Unternehmen Simplecoin und Gaming Platform Chopcoin schliessen & Fidelity Investments expandiert nach Europa. [embedded content] 1.) Ethereum am Abgrund? ETH Delisting, Ice Age und Smart Contract Chaoshttps://cryptomonday.de/ethereum-am-abgrund-eth-delisting-ice-age-und-smart-contract-chaos/ 2.) Mining-Unternehmen Simplecoin und Bitcoin-Gaming-Plattform...
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