The United Kingdom’s financial regulator, the Financial Conduct Authority, is looking to hire a specialist with a cryptocurrency background. The United Kingdom’s major financial regulator, the Financial Conduct Authority (FCA), is looking to hire a specialist with a cryptocurrency background. Specifically, the FCA is seeking an intelligence associate with crypto expertise to address digital assets […]
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RBI’s legal counsel claims crypto can adversely affect India’s financial stability. Back in April 2018, the Reserve Bank of India decided to go ahead and issue a notice prohibiting all of India’s banking and financial institutions from offering their services to crypto exchanges, companies operating within the space, and individuals seeking to explore the nascent […]
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A frenetic 24 hours has seen many major altcoins put in at least 10% growth, while Bitcoin holds ground above $9,500. Altcoin investors had much to celebrate on Feb. 6 as NEM (XEM) led a resurgence in the price of many major cryptocurrencies. Cryptocurrency market daily overview. Source: Coin360 NEM hits six-month high Data from […]
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Tezos (XTZ) has rallied more than 80% in 2020 and the altcoin continues to stun investors as the price marches higher in its USD and BTC pair. Since the start of the year Bitcoin (BTC) has gained approximately 41% and on Feb. 5 the crypto asset thrilled investors as the price broke through the $9,500 […]
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The MAS’ Payment Services Act has gone into effect, setting up a framework for cryptocurrency regulation in the country. As crypto continues its foray into the mainstream financial world, more countries are recognizing digital assets legally. Singapore is the latest to join the party. On Jan. 28, the Monetary Authority of Singapore’s (MAS) Payment Services […]
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As part of its consumer app development, ICE’s Bakkt plans to acquire major software platform Bridge2 Solutions. The Intercontinental Exchange, or ICE, owner of the New York Stock Exchange, announced plans to acquire software service Bridge2 in preparation for an app launch from ICE’s subsidiary, Bakkt. Bakkt’s app will host a bevy of assets, such […]
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Bitcoin’s dominance continues to drop as altcoins outperform the largest cryptocurrency. Although Bitcoin has rallied about 33% year-to-date, its dominance has dipped to 64.40%, its lowest level since July 2019. This shows that altcoins have continued to outperform Bitcoin. However, with the Bitcoin halving fast approaching, the digital asset’s volatility is likely to pick up. […]
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The Bitcoin blockchain has passed a milestone 500 million transactions confirmed. The Bitcoin network has surpassed 500 million transactions since going live over 11 years ago. According to blockchain analytics site Statoshi, there have been half a billion transactions on the Bitcoin blockchain as of press time. Source: Statoshi Crypto firm Casa CTO Jameson Lopp, […]
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Bitcoin price reverses course to break through key resistance levels as traders now set a path for $10K. Today Bitcoin (BTC) price pushed through the resistance at $9,400-$9,500, opening the gate for bulls to stampede to a new 2020 high at $9,745. Bitcoin daily price chart. Source: Coin360 On Feb. 4, BTC price traded slightly […]
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Lightning Labs, the developer of the high-speed transaction protocol Lightning Network, has secured $10 million in Series A funding round. Lightning Labs, the developer of the high-speed transaction protocol Lightning Network (LN), has secured $10 million in Series A funding round. The news was announced by Lightning Labs CEO and co-founder, Elizabeth Stark, in a […]
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