Can the top performers of the past week build on the gains and turn bullish? Let’s look at the charts. The United States Federal Reserve is not working on a digital currency of its own, said Fed Chair Jerome Powell. He said that cyber security issues are likely to deter central banks from releasing their […]
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Japan, one of the most important markets for cryptocurrencies, has seen a number of important developments over the past week. Japan, one of the leading markets for cryptocurrencies, has seen a series of important developments for the cryptocurrency and blockchain industries this week. The country’s financial regulator, the Financial Services Agency (FSA), has licensed crypto-related […]
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Was yesterday’s sudden $700 Bitcoin price drop and Bakkt opening up deposits a coincidence or a classic example of “buy the rumor, sell the news”? Bakkt Warehouse custody opened yesterday, as clients were able to deposit Bitcoin funds into the accounts. However, minutes after the tweet announcing the opening, the price of Bitcoin dropped by […]
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Will Apple’s interest in cryptocurrencies drive the next leg of the up-move? Let’s analyze the charts. Jennifer Bailey, the vice president of Apple’s payments service, Apple Pay, said that the company was watching cryptocurrencies closely as they believe it has long-term potential. The company claims that Apple pay processes about one billion transactions every month. […]
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Japanese messaging giant LINE, has obtained a crypto exchange operating license from Japan’s financial regulator for its digital asset daughter company. LVC Corporation, the digital asset- and blockchain-focused arm of Japanese messaging giant LINE, has obtained a crypto exchange operating license from Japan’s financial regulator. The news was reported by Cointelegraph Japan on Sept 6. […]
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Bitcoin price stable after rising more than $1,300 in a week as forecasters look towards the end of the month for what’s next. Bitcoin (BTC) price continued to fluctuate around $10,500 on Sept. 5 as the largest cryptocurrency stopped short of breaking $11,000. Market visualization. Source: Coin360 Bitcoin simmers after latest $11K moonshot Data from […]
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XRP community members have matured from earnest petitioning strategies to sarcastic ones, with a new petition entitled “Ripple Must Increase the ‘Dumping’ of XRP.” Xrp community members have matured from earnest petitioning strategies to sarcastic ones, as they continue to express anger about the negative market consequences of Ripple dumping allegedly excessive quantities of XRP. […]
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The recent move by Swiss regulators to licence two crypto banks is sending a message to regulators worldwide, but what are the stances of global authorities? Banking is often seen as the antithesis of Bitcoin (BTC), the very industry the nascent protocol looks to defuse and disrupt. Ironically, many banks are desperately in need of […]
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Most major cryptocurrencies are facing selling at higher levels. Is the current dip a buying opportunity or will the price break below recent lows? Let’s analyze the charts. Asset managers VanEck and SolidX plan to offer a limited version of their Bitcoin (BTC) exchange-traded funds (ETFs) to qualified institutional buyers. While the wait for retail […]
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Cryptocurrency compliance company Elliptic raises $23 million in a funding round led by SBI Holdings, among other companies. Cryptocurrency compliance company Elliptic has raised $23 million in a Series B funding round led by Japanese financial powerhouse SBI Holdings. Elliptic continues to expand in Asia According to a press release shared with Cointelegraph on Sept. […]
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