Tag Archives: Cryptocurrency News

Watford FC, a major English football club that finished 11th in the Premier League in the 2018-19 season, will be featuring the bitcoin logo every week for millions of football fans. Watford FC Chairman and CEO Scott Duxbury stated: Placing the Bitcoin logo on a Premier League shirt is something that challenges the accepted norm. Mainstream exposure for bitcoin Watford is said to be placing the bitcoin logo on the shirt sleeve of the official Watford FC football jersey as a part of its...

France's finance minister Bruno Le Maire says Facebook's Crypto Libra won't be allowed to develop in Europe. | Source: ShutterstockFrance’s Bruno Le Maire has reportedly warned that the country will block the development of Facebook’s in-house cryptocurrency, Libra, in Europe — citing threats to the “monetary sovereignty” of the continent’s governments.The Minister of the Economy and Finance stated today at the opening of an OECD conference on cryptocurrencies:I want to be absolutely clear:...

Roger Ver-owned Bitcoin.com is reportedly pushing to list a Bitcoin Cash derivative.| Source: Flickr/OFFICIAL LEWEB PHOTOSRoger Ver, AKA Bitcoin Jesus, isn’t happy with the status quo. The provocative former CEO of Bitcoin.com is looking for ways to drum up interest in his ailing collaboration Bitcoin Cash with a futures product.Ver is heavily invested in the crypto spin-off which forked off from Bitcoin in 2017 and now celebrates its second birthday. Bitcoin.com recently launched its own...

Ethereum continues to languish against bitcoin. Here's what it needs to break the downward spiral. | Source: ShutterstockTo say that Ethereum is weakening against the king of cryptocurrencies would be a huge understatement. The ETH/BTC pair is down by nearly 50% year-to-date as it languishes in bear territory for 17 months and counting. The sentiment is so overwhelmingly bearish that some traders are happy to short the crypto pair.$ETH / $BTC 4Hethbtc short setup pic.twitter.com/2vH5M25M3W—...

The U.K. arm of cryptocurrency exchange Coinbase has reached a settlement with a digital asset fund manager whose stolen bitcoin worth over a million dollars was transferred to the exchange.According to Law360, Coinbase U.K. struck a deal with the CEO of Alphabit Liam Robertson to discontinue the legal dispute that had been raging for about two months.Liam Robertson, CEO of AlphabitThe legal dispute started after Robertson lost bitcoin worth over $1 million in an email phishing attack. This...

VanEck's recently launched BItcoin Trust is a total flop, based on initial investment interest. | Source: ShutterstockFollowing the divisive launch of a so-called “Limited ETF” from the fund manager VanEck, the crypto-focused offering has fallen short of impressive, citing just a single issuance of the instrument with a total of 4 BTC under management…Statistics from VanEck as of 09/09/19, on “ETF” i.e VanEck SolidX Bitcoin Trust 144A Shares. | Source: VanEckThe data was relayed via crypto...

Bitcoin's suddenly boring again. Has $10,000 become the yawn-inducing new normal for BTC, or will the market wake back up soon? | Source: ShutterstockAfter bitcoin’s parabolic renaissance sparked hopes of new highs back in April, the expectation of BTC reclaiming $20,000 has become a fleeting reality. In recent weeks, bitcoin has sluggishly ranged between $10,000 and $11,000, causing its trademark volatility to vanish.Tranquil Bitcoin Market Leaves Traders Daydreaming of More Volatile...

Switzerland's financial regulator will subject the 'Libra' project to further scrutiny. | Source: ShutterstockSwitzerland’s financial regulator has indicated that Facebook’s cryptocurrency project Libra will be required to meet additional requirements besides getting a payment system license prior to starting operations.In a press release, the Swiss Financial Market Supervisory Authority (FINMA) stated that the various services planned by Facebook’s cryptocurrency initiative had necessitated...

Domino'sDominos France has announced a giveaway competition in which one lucky pizza/crypto aficionado will win €100,000. The catch? Prospective winners have to choose between a denomination in bitcoin or fiat …  On second thoughts, it’s a pretty easy choice.Domino’s France makes the obvious connection. | Source: ShutterstockThe competition, which is being held to celebrate 30 years of Dominos France, started on September 4 and will run to October 6. Shockingly, all participants have to do...

BitPay's untimely ban comes during the unprecedented protests sweeping across Hong Kong. | Source REUTERS/Tyrone SiuBitcoin payment processing platform BitPay has blocked payments to the Hong Kong Free Press (Hong Kong FP), according to the chief editor of the nonprofit press agency.Tom Grundy accused BitPay of sitting atop their funds for almost three weeks. He said the US bitcoin firm held their money because Hong Kong banks do not support IBAN. That raised questions whether or not BitPay...