Blockchain firm Bakkt stole the show at the sideline of the World Economic Forum (WEF) held in Davos Switzerland by announcing the launch of its new consumer application that would look very much like a fintech app such as PayPal offers. Moreover, it will support all forms of digital assets, in addition to cryptocurrencies.Bakkt, the physically-settled Bitcoin Futures exchange created by the Intercontinental Exchange (ICE), is changing the way and manner in which crypto assets are perceived...
Read More »Brexit Is Finally Happening on January 31: How Will It Affect the Markets?
The leaders of the European council and commission, Ursula von der Leyen and Charles Michel have signed the Brexit agreement in Brussels. It happened seven days before the agreements will gain full juridical force.The House of Commons submitted the initial draft of Brexit docs and then rejected the corrections made by the ‘oldies’. The powerful youth said that the bill must pass without changes, and the Lords gave up. After House of Lords’ approval, the bill is receiving the royal assent on...
Read More »Billionaire Tim Draper Encourages Millennials to Invest in Bitcoin
Bitcoin big whale and advocate, Tim Draper, has reiterated his stance that Bitcoin (BTC) is one of the best investment vehicles in the world and as such, has encouraged millennials to latch onto the Bitcoin movement and enjoy the many benefits of the digital currency.Millennials have been encouraged to key into the many benefits that abound in Bitcoin as it could be their wisest decision at retirement age.Billionaire Tim Draper who was one of the earliest investors in the virtual currency...
Read More »Bitcoin Price: Weak Support Could Give Way to Further Bearish Momentum
The BTC/USD market is countrolled by bears for the third day in a row. This Thursday, the Bitcoin price plunged from $8,660 to $8,386.60 level. And in trend continuation this Friday, the price has declined further than $8,300.00 southwards.The digital asset market records negatives again with bitcoins and altcoins, which are among the largest losers in the top 20. The bearish correction should gain momentum in anticipation of the weekend, as most altcoins unfold the growth of the prior...
Read More »Gemini Becomes First-Ever Crypto Exchange to Pass Deloitte Second Level Security Exam
In a bid to establish its authority as one of the biggest players in the crypto space, leading cryptocurrency exchange and Bitcoin (BTC) trading venue, Gemini, the Winklevoss twins-led exchange, has become the first exchange to pass the Deloitte SOC 2 Type 2 security examination.In a statement, released on its official website, the exchange reiterated the fact that no other exchange in the world has been able to match its feat in terms of the security of the crypto space.What is SOC 2?Service...
Read More »Bitcoin Launderer Alexander Vinnik Extradited to France
Russian citizen Alexander Vinnik accused of laundering Bitcoin via the BTC-e exchange has been extradited to France. Currently, he is at the Hotel-Dieu hospital in Paris. As his lawyer Zoe Konstantopoulou has said, she learned Alexander Vinnik extradited to France from a French colleague. The Greek authorities meanwhile have refused to provide any information, saying they ‘are unaware of that’.The French authorities have not yet allowed Konstantopoulou’s French colleague to talk to Vinnik. As...
Read More »#798 Bitcoin Cash Entwickler Abgabe, Tether Gold-gedeckter Token & Chiliz Exchange
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 798. Heute sprechen wir über folgende Themen: Bitcoin Cash will eine Miner Entwickler Abgabe einführen, Tether veröffentlicht Gold-unterstützte Kryptowährung & Chiliz Sport Fan Token Exchange. 1.) Bitcoin Cash will eine Miner Entwickler Abgabe einführenhttps://www.btc-echo.de/bitcoin-cash-kommt-die-mining-steuer/ 2.) Tether veröffentlicht Gold-unterstützte...
Read More »Ripple’s XRP Swaps to Be Added by BitMEX, Two Derivatives to Be Delisted
The cryptocurrency derivatives market is on heat, with the BitMEX release of the XRP-USD quanto swap tool. The so-called ‘quanto-swap’ represents the derivative with an interest rate taken from the difference between different currencies. During the swap, one person is paying another interest. It is derived from the difference between the foreign and local assets, or between two ‘shitcoins’ (in the Bitcoin maximalist lingo, all the coins are ‘shitcoins’, while we just try to keep the...
Read More »Coronavirus: Will Gold and Bitcoin Prices Rise as 2nd City in China Blocked?
Officials of China reported about 11 deaths and more than 500 people infected by the virus. The city where 11 million people are living, had its central market as the primary source of the virus. One of the city residents said to BBC journalists that ”the atmosphere there felt like the end of the world”.Many Chinese folks continue traveling around the country during the holidays. Also, people in Belarus, Saudi Arabia, Singapore, and Vietnam reportedly have been visiting doctors in regards to...
Read More »Bitcoin Price Returns Beneath $8,500 Level, Solid Barrier Accelerates Sell-off
Bitcoin price is presently trending at the level of $8,419 (+ 2.38% daily). The crypto is on track in the framework of a strong bearish trend amid growing volatility. The intraday low is recorded on the level at $8,371.The cryptocurrency market returned to minus, losing the insignificant profits achieved on Wednesday. The total crypto assets struggle with losses from 1% to 6%. Bitcoin returns to a mark beneath the $8,500 level (support of last week). Before the continuing bearish activity,...
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