The decision over whether to ban the sale of crypto derivative products to retail customers in the UK will be determined solely by the financial regulator. This was the message delivered by Economic Secretary to the Treasury, John Glen, in an answer to a question posed by the Member of Parliament for Shipley, Philip Davies. Referring to a commitment by the Financial Conduct Authority to launch consultations to find out the implications of prohibiting the sale of cryptocurrency...
Read More »Zuckerberg’s Congressional Testimony Includes Zero References to Crypto or Bitcoin
CEO Mark Zuckerberg will be the next Facebook executive to face a bipartisan grilling when he testifies before the US House Committee on Financial Services tomorrow. The committee published a transcript of Zuckerberg’s prepared testimony ahead of the hearing, and there was one thing noticeably absent from his statement: any reference to bitcoin, cryptocurrency, or even blockchain. House Releases Mark Zuckerberg’s Libra Testimony That’s somewhat remarkable, given that Zuckerberg has...
Read More »Opera Continues Bullish Crypto Mainstream Drive With Bitcoin Payments
Browser minnow Opera is ramping up cryptocurrency support for Android users in version 54, which has just been released on Tuesday. Among a host of other cosmetic improvements and a new UI, this latest release improves upon the current crypto wallet with support for both Bitcoin and Tron payments. Ethereum has been the staple payment option of the low-flying web browser for more than a year now; however, developers have heeded the calls in recent months for integration with other...
Read More »Crypto Trader Slams Critic Peter Schiff as Bitcoin Outshines Gold by 83,300%
Peter Schiff is not afraid to make extremely bearish calls on bitcoin. It appears that the chairman of SchiffGold sees the cryptocurrency as a competitor of gold. Recently, the gold bug took to Twitter to share his gloom and doom prediction on bitcoin. Schiff sees a monumental bitcoin collapse | Source: TwitterThe Crypto Twitter (CT) community was quick to respond to Schiff’s ultra bearish stance. One that caught our attention was from bitcoin bull Rampage. The trader contrasted the...
Read More »Bitcoin Price Set to Multiply 7X in just Seven Months, Data Model Indicates
Volatility always exists in the crypto markets. After Bitcoin reached its all-time highs in December 2017, what followed was a persistent bear market. However, the bearish trend seemed to have come to an end when Bitcoin surged from $3,500 to over $13,000 in a few months. The bulls lost momentum with the flagship cryptocurrency heading south over the past three months.Although Bitcoin is struggling to stay above $8,000, one quant analyst called PlanB on Medium believes that the token will...
Read More »CFTC Chairman Heath Tarbert Expects Ethereum Futures to Arrive by 2020
Heath Tarbert, the chairman of the United States Commodities and Futures Trading Commission (CFTC) says that the first Ethereum futures will arrive by 2020. Just ten days back, the CFTC chairman confirmed that Ethereum is a ‘commodity’ just like Bitcoin.Speaking at the DC Fintech Week at Georgetown University, Tarbert told Chris Brummer that ETH futures could “absolutely” arrive within the next six to twelve months. He cautioned that launching new futures contracts doesn’t mean there’s...
Read More »Binance Joins Kakao’s Klaytn Global Blockchain Council
Leading blockchain project led by the South Korean Internet giant Kakao, Klaytn, announced on Tuesday that it has added Binance to the Klaytn Governance Council in order to take part in the platform’s blockchain operation that will further develop ways of how could mass blockchain adoption be brought globally.By tackling the Klaytn platform ownership, the Council members work as crucial decision-makers for Klaytn’s business and technical growth.They also work focusing on Klaytn-based...
Read More »Bitcoin’s Biggest Cheerleader Outs Himself as Alien Conspiracy Theorist
Anthony ‘Pomp’ Pompliano, the man who can take any news – no matter what the context – and spin it in a positive light for bitcoin, has put his preferred subject to bed in favor of a more otherworldly topic. According to Pomp, the next guest on his podcast will be a notable alien researcher who maintains that little green people may have already visited earth. Pomp’s next guest won’t be a bitcoiner. | Source: TwitterThe sudden switch-up came as a shock to a few, especially since it...
Read More »Fortnite-like Lightnite Video Game Can Help You Earn Bitcoins
Most of us are very well familiar with the online video game Fortnite where you cooperate with other players in carrying out some goals. However, what would happen if the goal is – a Bitcoin?Exactly that you can now find in the new game dubbed Lightnite. This Fortnite-like game with built-in Lightning Network microtransactions made by the Bitcoin-enabled game startup Satoshis Games has been announced this weekend.As the announcement says, all interactions between players can bring you a...
Read More »Binance to Introduce First Fiat-Crypto Trading Pair with Russian Ruble
Popular crypto exchange Binance which has been working on a fiat trading solution for its customers is finally ready to launch. To kick-start this innovation, the exchange will work with Russian rubles in the beginning phase.This interesting development was made public on Monday by Binance CEO, Changpeng Zhao, at the Open Innovations conference held in Moscow, Russia. He revealed that in the next two weeks the fiat trading option for Russian rubles should be available on the exchange, making...
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