Napoleon AM, a France-based asset management company, has launched a new cryptocurrency fund dubbed the “Napoleon Bitcoin Fund” tied to the cash-settled Bitcoin futures offered by the Chicago Mercantile Group (CME).As per the report by French publication Les Echos, this is the country’s first fully-regulated cryptocurrency fund. Last week since December 6, the crypto fund is available for trading for France-based professional investors. Note that the fund is local to France only and cannot be...
Read More »Dark Money Laundering Clouds Force Japan’s Banks to Eye JPMorgan Blockchain Network
For some time now, Japan’s banking sector has faced many challenges arising from money laundering. This problem has been in the limelight since the Financial Action Task Force found “numerous and serious deficiencies” back in 2014. Japan has long been blamed for weak measures that it has set up against money laundering and terrorism financing.In that context, the U.S. banking multinational, JPMorgan Chase & Co, is looking to launch an Interbank Information Network (IIN) in the East Asian...
Read More »Ethereum Outlook: What Can Alter Its Deficiency in Growth
Ethereum prices this year were lower in growth than Bitcoins, as the second-largest cryptocurrency this year increased less than 5%, notwithstanding BTC in spite of that maintains a staggering 95% increase since the beginning of the year, despite previous selling.In light of the successful introduction of the latest network updates in Istanbul hard fork and the growing popularity of DeFi, does catching up with ETH means a viable strategy for investors? From a macroeconomic point of view,...
Read More »Ripple Updates Its Xpring Platform with New Features to Boost XRP Development
Ripple has done it again when it updated its recently launched Xpring developer platform to accept two new programming languages Python and Go. The new XRP developer platform (xpring.io) allows both cryptocurrency developers and non-cryptocurrency developers to be able to create applications that run within the XRP ecosystem. The new features include customer service, a new developer-friendly wallet, technical documentation and another set of cool tools.The platform was launched in October...
Read More »Three Fraudsters Arrested in $722 Million Crypto Mining Ponzi Scheme
Yesterday, authorities in New Jersey arrested three men for running a cryptocurrency scam called BitClub Network, which defrauded unsuspecting investors of about $722 million. The announcement was made by U.S. Attorney Craig Carpenito in an official press release from the U.S. Attorney’s Office in the District of New Jersey.Initially reported by Bloomberg, Matthew Brent Goettsche, 37, of Lafayette, Colorado and Jobadiah Sinclair Weeks, 38, of Arvada, Colorado, are both facing charges of...
Read More »Mysterious: Roger Ver Interviewing Alleged BitClub Ponzi Scheme’s Joby Weeks
Roger Ver, one of the earliest cryptocurrency advocates and proponent of Bitcoin Cash, has interviewed now-arrested Joby Weeks. The latter has been involved in an alleged cryptocurrency mining scam called BitClub and is now charged with conspiracy to commit wire fraud.Roger Ver Interviewing Jobadiah Weeks in JuneRoger Ver, one Bitcoin Cash’s most exclusive proponents, has done an interview with Jobadiah Weeks back in June 2018. It took place on a yacht and both of them discuss different...
Read More »Saudi Aramco Soars in Debut to Reach $1.88 Trillion Market Value
The IPO of Saudi Aramco was probably one of the most hotly-anticipated companies’ initial public offerings this year. And it has really met the expectation of many (and even gone beyond).The shares of Aramco have surged after it. As a result, the valuation of this world-famous oil producer hit a record of $1.88 trillion. These figures have taken the stock market of Saudi Arabia to the position of the largest in the world.In early deals in Riyadh, the stock of the company increased to 35.2...
Read More »Cardano (ADA) Price Analysis: Signs of Bearish Continuation
ADA price declined steadily after it failed to surpass the $0.0400 resistance against the US Dollar.The price is slowly approaching the key $0.0355 support area.Earlier, there was a break below a key contracting triangle with support near $0.0382 on the 4-hours chart (data feed via Kraken).The price is under pressure and it seems like it could even struggle to hold the $0.0355 support.Cardano price is showing a lot of bearish signs against the US Dollar and bitcoin. ADA price is likely to...
Read More »Bitcoin Struggling At $7200 While Altcoins Recover From Sell-Off: Crypto Market Watch
Most of the cryptocurrency market has been trading in the red over the last 24 hours. However, altcoins are seemingly making a slight recovery when looking at the bigger picture, as Bitcoin’s dominance loses 1%.Bitcoin’s price has been ranging between $7,400 and &7,600 in the last few days, but yesterday it marked a slow descent to the current level of $7,200 on Bitstamp.Taking a look at the technical aspects, Bitcoin could be retesting the next significant support level at $7,000. If it...
Read More »#769 Bitcoin Halving Dump oder Pump, BitClub Network Betreiber verhaftet & Solarisbank Bitcoin Verwahrgeschäft
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 769. Heute sprechen wir über folgende Themen: Bitcoin Halving Dump oder Moon, BitClub Network Betreiber wegen Betrug festgenomme & Solarisbank startet Bitcoin-Verwahrgeschäft. [embedded content] 1.) Bitcoin Halving Dump oder Moon? – Grayscale Umfrage gibt Aufschlusshttps://cryptomonday.de/bitcoin-halving-dump-oder-moon-grayscale-umfrage-gibt-aufschluss/ 2.) US-Justiz geht gegen BitClub Network vor – Betreiber wegen Betrug...
Read More »