The Competition and Markets Authority find no reason that the merger will affect competition in the U.K. consumer-to-business electronic payments sector. The United Kingdom Competition and Markets Authority, has given the go-ahead to Visa’s acquisition of fintech startup Plaid following a Phase 1 review. According to an Aug. 24 announcement, the CMA investigated several ways […]
Continue Reading
An important Fed policy meeting forms the centerpiece for a new week’s trading, which could see macro hit Bitcoin price action once more. Bitcoin (BTC) starts another week in a bullish mood as hurdles line up to shape price trajectory. Cointelegraph presents five factors determining where BTC/USD may go in the coming days, and what […]
Continue Reading
Bitcoin whales are watching as BTC loses momentum near a key resistance level. Is another flash crash in the making? On Sunday Aug. 2 the price of Bitcoin (BTC) dropped by 12% in just 5 minutes. In the same period of time Ether (ETH) dropped by 21% and similar losses were observed with many other […]
Continue Reading
Bitcoin and Ethereum are likely to consolidate for a few days, leading select altcoins to possibly continue their uptrend. This week the S&P 500 made news by notching a new intraday all-time high and recovering 100% of the losses caused by the coronavirus pandemic in mid-March. Despite this, there are signs U.S. stock markets could […]
Continue Reading
A Bitcoin whale, who accumulated 9,000 BTC in late 2018, has sold after 22 months and two capitulation phases. A Bitcoin (BTC) whale — an individual investor who holds a large amount of BTC — took profit after two years. Data from Whalemap suggests the whale purchased nearly 9,000 BTC in the third quarter of […]
Continue Reading
The COVID-19 pandemic might help to further Qatar’s national strategy in the fintech and blockchain spaces to reduce the crisis’s impact. The nation of Qatar is a World Bank “high-income economy,” backed by the world’s third-largest natural gas and oil reserves. It has the third-highest GDP per capita in the world (by purchasing power parity), […]
Continue Reading
Bitcoin and gold price dropped as the U.S. Dollar Index rallied, leading analysts to speculate whether a strong dollar will slow BTC’s momentum. On Aug 21, Bitcoin (BTC) price declined by more than 3% from around $11,880 to $11,511 on Coinbase. Coincidentally, the U.S. Dollar Index (DXY) started to rebound from its 4-month downturn. BTC/USD […]
Continue Reading
Cryptocurrencies and politics are intertwined. Here’s what the top politicians in the U.S. elections think about cryptocurrencies. In the cryptocurrency and blockchain sphere, it’s difficult to do away with politicians and vice versa. With the presidential election in the United States slated for later this year, interested parties are doing all they can to sell […]
Continue Reading
The crypto market as a whole has made tremendous strides monetarily, even though Bitcoin’s price has so far failed to meet the lofty expectations. As whispers of Bitcoin’s (BTC) promised financial breakthrough failing to materialize over the last few months have continued to garner steam, the price of the premier crypto asset recently surged above […]
Continue Reading
The exchange is taking advantage of the growing Russian crypto market. As part of its Russian expansion plans, Seychelles-based exchange Huobi Global appointed Vladimir Demin as the company’s chief advisor. His main role will be to help develop the company’s market in the region. According to the announcement, he had previously served as partner and […]
Continue Reading