Are a raft of recent FUD events coincidental, or are global authorities targeting unregulated crypto exchanges? The mood of fear, uncertainty and doubt, otherwise known as FUD, that has gripped some of the largest cryptocurrency exchanges since October heightened last week — and it had nothing to do with the United States presidential election. “Weird […]
Continue Reading
The Google Trends interest is relatively low for the keyword “Bitcoin” while on-chain data shows smart money is accumulating BTC. Bitcoin (BTC) is continuing to show strong momentum even after a major rally. Key data points show that the uptrend has likely been fueled by smart money in recent months. This means retail or mainstream […]
Continue Reading
Crypto and DeFi remain mostly a subculture in the world of global finance. What does the industry need to do to achieve real, mass adoption? Satoshi Natakmoto’s anonymity and powerful mining-incentive mechanism are key examples of what made Bitcoin (BTC) unique and led to its unparalleled success. But for truly democratized money and finance to […]
Continue Reading
Bitcoin on-chain analyst Willy Woo sees three reasons why a blow-off top is unlikely to happen anytime soon for BTC price. Despite Bitcoin’s (BTC) steep rally in November, the price is consolidating above $15,000 as on-chain analyst, Willy Woo says a blow-off top is unlikely for three main reasons. The three factors are the growing outflow of funds […]
Continue Reading
Everyday investors in the Netherlands can now invest in crypto, thanks to company’s new registration. Crypto exchange BLOX received the go-ahead to operate in the Netherlands, making it the first platform to do so since the country implemented the European Union’s 5th Anti-Money Laundering Directive, or AMLD5. “BLOX is the first consumer-focused cryptocurrency company that […]
Continue Reading
After weeks of little information, digital asset withdrawals remain closed on crypto exchange OKEx while the entity denies rumors of arrest of leader. After closing digital asset withdrawals in mid-October, Malta-based crypto exchange OKEx still remains tight-lipped about an unspecified on-going investigation. OKEx claims detainment chatter as simply rumors, although customers are still left without […]
Continue Reading
A recent license amendment from the CFTC greenlit ErisX’s expansion into trading product offerings on other commodities. The Commodity Futures Trading Commission, or CFTC, recently approved a license modification for ErisX’s clearing house. The license amendment allows ErisX freedom to offer more trading products. “The significance of the Amended Order is that it expands our licensed […]
Continue Reading
After multiple years of heightened legal overwatch, the future may hold much of the same. Over the past few years, regulatory bodies across the globe have increased their scrutiny on the cryptocurrency space, clarifying gray areas while also going after offenders. Although the industry has seen a lot of regulatory action, authorities have not really […]
Continue Reading
The price of Bitcoin has surpassed $14,700 on Nov. 5 as the steep uptrend coincides with several familiar metrics and on-chain data points seen in 2017. From November to December in 2017, the price of Bitcoin (BTC) experienced a parabolic uptrend to a new all-time high at $20,000. There are three reasons Bitcoin might see […]
Continue Reading
The “relative newcomer” to politics joined other major CEO donors to the Democratic candidate. Sam Bankman-Fried, the CEO of Hong Kong-based cryptocurrency derivatives exchange FTX, donated $5.2 million to vice president Joe Biden’s presidential campaign. As The Wall Street Journal reported on Oct. 28, Biden’s presidential campaign received a total of $79.5 million from the top 100 […]
Continue Reading