French billionaire Bernard Arnault has denied reports that he was involved in a Belgium-based cryptocurrency trading firm. Bernard Arnault, the world’s third richest man, has denied his involvement in setting up a new Belgian crypto trading company Abesix Belgique. Arnault was reported to be a co-founder of Abesix by Belgian business publication De Tijd on […]
Continue Reading
Countries and internet companies hold on to hard stances on cryptocurrency advertising, as the industry seeks to survive the challenges. The United Kingdom’s Advertising Standards Authority (ASA) recently resolved a complaint regarding advertising of Bitcoin (BTC) from the BitMEX crypto derivatives exchange. According to the ASA, the website showed Bitcoin graphs with misleading price dynamics […]
Continue Reading
EY, the auditing firm working on the QuadrigaCX bankruptcy case, asked a Nova Scotia Supreme Court judge to move the proceedings to Toronto. EY, the Big Four accounting firm appointed to work on the QuadrigaCX crypto exchange bankruptcy case, wants to move the proceedings from Halifax to Toronto. Local news outlet The Star reports on […]
Continue Reading
Bakkt clients will be able to start depositing their Bitcoin in the platform’s custodial offering, Bakkt Warehouse, starting Sept. 6. Bakkt clients will be able to start depositing their funds in the Bakkt Warehouse for physically delivered Bitcoin (BTC) futures starting Sept. 6. Bakkt to debut futures trading on Sept. 23 On Aug. 28, the […]
Continue Reading
Tech market advisory firm ABI Research said that global revenues for blockchain technology are expected to hit $10 billion by 2023. Global revenues for blockchain technology are expected to hit $10 billion by 2023. Tech market advisory firm ABI Research published its findings regarding global revenues from blockchain technology on Aug. 28. Per ABI, investments […]
Continue Reading
The Chicago Mercantile Exchange Group’s Bitcoin futures saw an average daily volume of $515 million in May. The Chicago Mercantile Exchange (CME) Group’s Bitcoin (BTC) futures saw an average daily volume of $515 million in May 2019. Forbes reports on Aug. 28 that the CME Group’s Bitcoin futures are seeing new records in trading activity. […]
Continue Reading
Current calm conditions may not last as the week progresses, with $10K Bitcoin price support not guaranteed. Bitcoin (BTC) price held above $10,000 for a third day on Aug. 28 as a fresh period of sideways trading endured through the week. Market visualization. Source: Coin360 Eerie calm descends over Bitcoin markets Data from Coin360 painted […]
Continue Reading
Interest in сrypto funds is on the rise — what are the hurdles to adoption? Cryptocurrencies are upending the worlds of banking, retail and payments in countless ways, but there has been one area where this burgeoning industry has somewhat fallen behind: investments. While it can be easy to build portfolios that focus on stocks […]
Continue Reading
BitPAC, the first ever Bitcoin-enabled PAC, will expand its candidate supporting program with an ICO. BitPAC, the first ever Bitcoin (BTC) political action committee (PAC), will expand its candidate supporting program with an initial coin offering (ICO), Coindesk reports on Aug. 28. Utility token, not a thing of value Dan Backer, who founded BitPAC back […]
Continue Reading
Anger about the negative market consequences of Ripple selling XRP to its clients is prompting token holders to take action. Anger about the negative market consequences of Ripple selling XRP to its clients is prompting token holders to conceive of ever-more ingenious means to fight back. In a tweet published on Aug. 26, Twitter user […]
Continue Reading