With some institutional players signalling diametrically opposite stances on crypto, we turn to the charts to see what the market’s next move will be. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct […]
Continue ReadingCryptocurrencies have started growing again after seeing significant losses over the past couple of days. Monday, Jan. 14 — the vast majority of cryptocurrencies are recovering after experiencing severe losses over the last several days, according to Coin360. Of the top 20 by market capitalization, only the stablecoins USD Coin (USDC) and Tether (USDT) are […]
Continue ReadingHSBC has been operating blockchain-based forex payments for just ten months but has seen huge growth. International banking giant HSBC settled $250 billion of forex trades using blockchain technology in 2018. The company has revealed the figure in a press release quoted by the Financial Times (FT) Jan. 14. Through its proprietary blockchain platform dubbed […]
Continue ReadingPreviously targeting a launch on Jan. 24, Bakkt has acquired certain assets at futures commission merchant Rosenthal Collins Group. Bakkt, the digital assets platform backed by the New York Stock Exchange (NYSE), has acquired certain assets in futures commission merchant Rosenthal Collins Group (RCG). The acquisition was announced in a Medium post on Monday, Jan. […]
Continue ReadingThe Bittrex OTC platform, which is geared towards high-volume trades, launches later Monday, a statement confirmed. United States-based cryptocurrency exchange Bittrex will launch an over-the-counter (OTC) trading desk on Monday, according to a private statement released on Jan. 14. The latest major exchange to enter the OTC market, Bittrex will offer investors the same raft […]
Continue ReadingThe Bulgarian National Revenue Agency has announced the launch of inspections of cryptocurrency-selling companies. The Bulgarian National Revenue Agency (NRA) has announced the launch of inspections of cryptocurrency-selling companies, English-language Sofia-based news outlet novinite reports on Jan. 14. The objective of the investigation is to assure compliance with tax and social security regulation, as the […]
Continue ReadingIt remains unknown how many employees are affected by the latest closure in Amsterdam, which Bitmain has officially confirmed. Cryptocurrency mining giant Bitmain Technologies has opted to reduce its operations in the Netherlands, the company said in a statement on Jan. 14. Bitmain, which in November announced the first in what has become a series […]
Continue ReadingThe Spanish National Securities Market Commission has added 23 unauthorized forex and cryptocurrency entities to its warning list. The Spanish National Securities Market Commission (CNMV) has added 23 unauthorized forex and cryptocurrency entities to its warning list on Jan. 14. Among the companies added to the list is Blonde Bear OÜ, also referred to as […]
Continue ReadingMajor Swiss investment bank Vontobel has launched a digital assets’ custodial service for banks and asset managers Switzerland’s major private investment bank Vontobel has launched a crypto custody solution targeting banks and asset managers, according to an official press release published on Jan. 14. Zurich-based Vontobel bank is reportedly the third largest financial custody provider […]
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The recent market sell off may indicate that the process of bottom formation will be volatile. After a strong start in 2019, the crypto markets have witnessed sharp selling that dragged the prices down by about 10 percent on Jan. 10. This indicates that the process of bottom formation will be volatile. The traders should […]
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