The momentum from a week of gains continues, taking BTC/USD to its highest since November as altcoins gain as much as 45%. Bitcoin (BTC) surprised traders and analysts alike on Jan. 14 after BTC/USD broke out of its already bullish channel to strike at resistance levels near $8,600. Cryptocurrency market daily overview. Source: Coin360 BTC […]
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Singaporean entrepreneur and ICO advisor Mark Cheng is reported to have been kidnapped in Thailand by close associates who wanted his Bitcoin holdings. Singaporean Mark Cheng was recently kidnapped in Thailand and tortured for a $740,000 ransom in Bitcoin (BTC), the South China Morning Post and others report on Jan. 14. After transferring all his […]
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Olive oil producer CHO is using IBM blockchain technology to fight food fraud by providing transparency across its Terra Delyssa products. CHO, one of the largest olive oil producers in the southern Mediterranean, announced on Jan. 14 that it is using IBM’s blockchain technology to provide traceability for its Terra Delyssa extra virgin olive oil. […]
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Japanese financial regulators have officially proposed cutting the leverage cap for cryptocurrency margin trading. The Japanese Financial Services Agency (FSA) — the country’s financial regulator — proposed lowering the leverage rate limit of cryptocurrency margin trading from 4x to 2x. The FSA announced the proposed measure on Jan. 14 in a cabinet office ordinance — […]
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Options trading, a long-standing staple of financial markets, is coming to Bitcoin and will give the crypto market new ways to generate yield, manage risk and gain exposure. Where and how to trade Bitcoin options? There are a number of Bitcoin options trading venues currently on the market, with various pros and cons, fees, geographic […]
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Blockchain will be the most in-demand hard skill in 2020, according to a new study by the educational subsidiary of professional social network LinkedIn. Blockchain will be the most in-demand hard skill in 2020, according to a new study by the educational subsidiary of professional social network LinkedIn. A newcomer to LinkedIn’s annual list of […]
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Payments behemoth Visa has acquired financial technology firm Plaid for $5.3 billion to better connect with fintech applications. Payments behemoth Visa acquired financial technology firm Plaid for $5.3 billion, according to a press release published on Jan. 13. Per the release, Plaid has developed a network that allows users to easily connect their financial accounts […]
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The IBM Sterling platform is set to augment its feature set with integrations developed by external companies, including Salesforce and Publicis Sapient. The IBM Sterling supply chain platform will now feature additional integrations developed by Salesforce, Publicis Sapient, IBM Services and others, a Jan. 13 press release reads. The additions will allow the blockchain and […]
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A warm reception greets the industry’s latest Bitcoin options rollout as reported volumes elsewhere also deliver surprises. Bitcoin (BTC) futures options from CME Group saw volumes in excess of $2.3 million on the product’s first day of public trading, the company has confirmed. Data from CME’s official website confirmed the successful rollout on Jan. 13, […]
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The Supreme Court of India has chosen to delay its full hearing of a high-profile case against the Reserve Bank of India’s ban on banks’ dealings with crypto-related businesses. The Supreme Court of India has chosen to delay its full hearing of a high-profile case against the Reserve Bank of India’s (RBI) ban on banks’ […]
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