Tag Archives: News

According to the publication, the Autorité des Marchés Financiers (AMF), made these rules to expand on the PACTE law. The PACTE law, which initially went into effect back in May, went down in history as one of the foremost comprehensive legal frameworks to guide the crypto sector, in all of Europe.Compliance RequirementsThe new AMF laws have a few mandatory points that interested applicants must meet. The DASP must have a two-year business plan, with specific details on how the business will...

OKEx crypto exchange officially announced the launch of Bitcoin options trading for a chosen few clients. This has happened ahead of a public launch on January 9, 2020. In a December 26 press release, the third-largest crypto exchange by daily trading volume worldwide has confirmed that the new contract will be settled daily in Bitcoin.Increasing Hedging Strategies Options for OKEx TradersAn options contract is a popular derivative that lets traders hedge against asset price swings in all...

This follows YouTubes’ recent removal of Vitalik Buterin‘s “Roadmap” video as well. Sources say that a YouTube Spokesperson said that it had made “the wrong call”. Sources also say that the video-sharing giant said:“With the massive volume of videos on our site, sometimes we make the wrong call. When it’s brought to our attention that a video has been removed mistakenly, we act quickly to reinstate it. We also offer uploaders the ability to appeal removals and we will re-review the...

The Commonwealth of the Bahamas is the newest country to adopt its own digital currency. Starting today, residents of the Exuma district will have access to a pilot run of the country’s central bank digital currency (CBDC).According to an official press release published on Tuesday, December 24, the pilot run is called the “Project Sand Dollar” as the CBDC is called the “Sand Dollar”. The announcement also states that the Bahamas digital currency furthers the Bahamian Payments System...

Bitcoin cash price is trading nicely above the $182 support area against the US Dollar.The price is facing a couple of important hurdles near the $198 and $204 levels.There is a declining channel or a bullish flag forming with resistance near $192 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could decline a few points before a fresh increase above the $198 resistance area.Bitcoin cash price is trading in a positive zone above $182 and $180 against the US Dollar....

Justin Sun – CEO of TRON – is never one to shy away from the press, whether the news emerging be negative or positive. The man appears to believe that all press is good press, and now he’s making headlines with his $1 million donation to Greta Thunberg.Sun: I’m a Lot Like GretaThunberg first rose to prominence in August of 2018 when she organized a student protest outside Sweden’s parliament. Her issue? That politicians weren’t doing enough to thwart the effects of climate change.Since then,...

In a strange twist of events, Ethereum – the world’s second-largest cryptocurrency by market cap and the number one competitor to bitcoin – is doing far better than BTC.Is Ethereum Becoming a Tougher Coin?Technical charts show that transaction volumes for ETH, for the first time in a while, are surpassing those of bitcoin, and that there’s far more activity as of late surrounding the world’s second primary form of crypto. How can this be, and will this enable ETH to gain price momentum and...

We’ve got some good news, folks. At the time of writing, the world’s number one cryptocurrency by market cap – bitcoin, of course – has shot past the $7,400 line for the first time in weeks.Bitcoin Is Heading HigherThis is a significant improvement over the $7,100 level it’s been trading at for some time. While the currency rose this high during the mid-December point, it appeared bitcoin couldn’t retain this level of momentum, and immediately fell back down to the low $7,000 range. Now, it...

In general, the crypto sphere was not encouraging for most of this week, as Bitcoin merged in the low range of $7000, but Ethereum continues to weaken.After the particularly harsh end of 2019, it may seem that shortly the fate of Ethereum financial speculators will not change. The second-largest crypto asset in the world will have a bearish end in 2019. The price of Ethereum continues to crumble and now the network is getting progressively exasperated due to planning the next network...

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.ETH/USD price technical analysisMost ETH holders keep losingThe ETH hardfork may happen on January 1stOn W1, there is still a declining wave developing to the low of $80.86. The interim and local support area is the psychological level of $100.00. The resistance is at $163.00. The MACD and Stochastic support the idea of declining.On D1 the quotations keep moving inside the channel, which may support the bearish confidence. The aim of the...