Bitcoin isn’t for everyone, but Jean-Claude Trichet – the European Central Bank’s former president – appears to have a serious aversion towards the cryptocurrency.Trichet: BTC Is Not a CurrencyAt a recent summit, Trichet took a nasty stab at bitcoin, saying that it wasn’t even a currency and that crypto would not amount to much in the future. He said:I am strongly against bitcoin, and I think we are a little complacent. The [crypto]currency itself is not real, with the characteristics that a...
Read More »Wirex Launches Visa Travelcard with Fiat and Crypto Support across APAC Region
FCA-regulated payment platform Wirex, has announced a new offering for its customers, called the Wirex Visa Travelcard. Making the announcement at the Fintech Festival held in Singapore, the London-based financial services company said that it hopes the card would give its users the much-needed ease required for them to initiate and settle different kinds of transactions using both digital currency and fiat. The travel card is powered by VISA and is accessible and usable for all of the...
Read More »Next-generation cryptocurrency trading platform Crix speeds up registration with Yoti KYC
London, UK, [DATE] – Today Crix, a next-generation cryptocurrency exchange offering algorithmic trading, institutional connectivity to buy and sell bitcoin, ethereum, litecoin, bitcoincash, stellar and ripple has selected Yoti to streamline its KYC and sign up process. Yoti, the digital identity app with over 5m downloads, will deliver identity verification, know-your-customer (KYC) and anti-money laundering (AML) checks, enhancing compliance and giving individuals a simple, private and...
Read More »Lee: Bitcoin-Preis bei 500’000 im Jahr 2028
Tom Lee: Der Misery Index deutet auf einen Anstieg beim Bitcoin-Preis hin. Laut dem Branchenkenner Bobby Lee könnte der Wert einer Bitcoin (BTC) bis zu einer Million Dollar erreichen und in der Gesamtsumme sogar die Marktkapitalisierung von Gold übertreffen. In einer Reihe von Tweets nahm Lee, der den chinesischen Kryptowährungshandelsplatz BTCC mitgründete und nun ein Bitcoin-Börsen Start-Up leitet, am 10. November Stellung zu der sich...
Read More »Ethereum: Bald 900 US-Dollar für 1 ETH wegen Microsoft Azure?
Treibt Microsofts Ethereum-Plattform bald die ETH-Preise in die Höhe? In der letzten Zeit verband Ethereum-Nutzer vor allem Unsicherheit. Als Ursache lässt sich insbesondere ein schleppender Markt anführen. Der technologische Fortschritt und die Unterstützung durch Microsoft könnten Ethereum nun allerdings zu einem Kursanstieg verhelfen. Test-Launch von „Azure Blockchain Tokens“ Wie Microsoft kürzlich bekannt gab, entwickelte der IT-Gigant...
Read More »Tether Announces Support for McCormack against Craig Wright Libel Suit
By pretty much any standard, Craig Wright easily became the most controversial person in crypto over the years. For a long time now, Wright has been at the center of a suit brought against him by the Kleiman estate, representing Dave Kleiman, Wright’s former business partner.Wright has also proclaimed himself as the real Satoshi Nakamoto, creator of Bitcoin, and has even gone ahead to bring legal action against people who have refuted this claim. A few months ago and in his usual fashion,...
Read More »Ethereum Price Analysis: In The Footsteps of Bitcoin, ETH Is Back Above $190
Ethereum saw a small increase of 2.85% over the past 24 hours and it currently trades at $191. This was largely been helped by the 2.74% spike seen in Bitcoin today. Ethereum is now trading at resistance provided by the 100-days EMA with a break above sending us well above $200. ETH remains the second-largest cryptocurrency as it holds a market cap of $20.62 billion. Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis, ETH fell below the 100-days EMA but remained supported...
Read More »Bitcoin’s Biggest Controversies Converge as Lawsuit Pits Craig Wright Against Tether
Craig Wright claims to have invented bitcoin, and he’s suing a podcaster who alleges otherwise. Wright’s lawsuit now faces a challenge from the creator of the fourth-largest cryptocurrency. Bitcoin’s most thrilling scandal continues to grow more and more exciting. As if the Craig Wright saga couldn’t grow any more mesmerizing, the most controversial person in the bitcoin industry now finds himself squaring off against the most controversial company in crypto. Tether, the issuer of $4.1...
Read More »The Regulation of Crypto Exchanges Moving Forward
Governments across the world initially adopted a policy of ignorance toward cryptocurrency. This was perhaps because of the misguided notion that cryptocurrency was a passing fad that would go away. Over a decade later the crypto industry is large and booming with a total market capitalization of about $250 billion USD. This is still a long way off the record highs of early 2018 but is remarkable nonetheless.At the height of the ICO boom, the industry attracted tens of millions in investor...
Read More »Investing in Cryptocurrency: Advantages and Disadvantages
Whether you are new to the world of investing or already an experienced investor, you may be wondering if cryptocurrency has a place in your portfolio. Given the mind-boggling rise in the value of Bitcoin and other cryptocurrencies, it is easy to see why there is so much interest in these alternative forms of investment.Even so, it pays to proceed with caution. Cryptocurrency can have a place in your portfolio, but only after you have done your homework and evaluated the benefits and risks....
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