Tag Archives: Cryptocurrency News

Photo: GCOX / InstagramIn September of this year, a famous boxing figure Manny Pacquiao rolled out his own cryptocurrency dubbed PAC token. Starting from today, the token is available for purchase on Singapore’s Global Crypto Offering Exchange (GCOX).How Does PAC Token Work?PAC token was launched by the boxing legend and Philippines politician Manny Pacquaio as a way to get closer to his fans. Listed on GCOX, the PAC token can be used by millions of boxer’s supporters worldwide not only for...

Most Bitcoin traders’ open positions were threatened yesterday by a swift and sudden spike in Bitcoin prices between 11:15 am Eastern and 11:21 am Eastern. Bitcoin prices increased from $8,787.11 to $9,123.34 within that time range. Insiders and cryptocurrency enthusiasts attributed the sudden spike to liquidations of short positions worth about $58.04 Million.Most of the gains made at the start of trading were retained but before the end of trading the support price of $9,000 was defeated...

Australian Detectives known as the ‘E-Crime Squad’ have arrested a man for providing unregistered cryptocurrency services. Authorities charged the man for breaking anti-money laundering and counter-terrorism financing laws. The E-Crime Squad seized sizable amounts of cash, forged documents, and even a crypto ATM machine. Police in southeastern Australia arrested a 38-year old man on Tuesday for providing “unregistered cryptocurrency transactions.” Detectives known as the ‘E-Crime Squad’...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 747. Heute geht’s um folgende Themen: Erster Bitcoin ATM Einbruch Deutschlands, Bitcoin-Mining-Schwierigkeit geht stark zurück & Alibaba Bitcoin Rewards. 1.) Bitcoin ATM – Erster Einbruch Deutschlands gemeldethttps://cryptomonday.de/bitcoin-atm-erster-einbruch-deutschlands-gemeldet/ 2.) Bitcoin-Mining-Schwierigkeit geht stark zurück: Hashrate...

The digital currency will allow anonymity to users… but only to an extent. Analysts are predicting the government-backed crypto will be out early next year. Blockchain efforts by the People’s Bank of China have ramped up in recent weeks. China has brushed aside concerns that its planned government-backed crypto will be used to keep tabs on the activities of its citizens. Allegedly, users of the centralized digital currency will be guaranteed ‘controllable anonymity’ as long as they are not...

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Bakkt launched its institutional custody services. The Bakkt Warehouse launched with a robust insurance policy and a range of clients. Bakkt’s daily trading volume is picking up. Bakkt, a bitcoin futures exchange backed by the Intercontinental Exchange (ICE), announced that it is launching custodial services for institutional enterprises. This is not the first organization to provide bitcoin custody, but the firm believes that it would set the stage for the mass adoption of the technology....

The venture hopes that with top guards surrounding the warehouse, security cameras, and iron doors, it will make the vault unbreakable. Bakkt is already setting the all-time highs with cryptocurrency trading. That’s why it will facilitate pentesters and third-party auditors to avoid hacks and other dangers at all costs.In the past, clients were able to trade Bitcoin futures. But only that. After receiving approval from the NYDFS, Bakkt sets everything to change. Now, accredited investors from...

China is on a fast track to becoming a global digital currency power. Billionaire Michael Novogratz warns that the country might undermine the United States’ reserve status. Some politicians are wary about embracing cryptocurrency networks. Billionaire Michael Novogratz has warned that the United States’ reserve status is likely to be undermined by China’s blockchain and cryptocurrency revolution. In the forewarning, he underscores that China is already ahead in some areas such as fintech,...

Bitcoin traders were badly whipsawed today and yesterday as the cryptocurrency rose above $9,100 only to dump back down to $8,600. The price action gives spot buyers or HODLers the opportunity to add to their long positions. A widely-followed trader shared a chart that explains bitcoin’s violent price action. Bitcoin surprised almost everyone on Sunday. The cryptocurrency suddenly spiked by 4 percent in less than ten minutes.The dominant cryptocurrency was trading at $8,787.11 around 11:15...