Holding 90% of blockchain firm Factom’s shares, investor FastForward declared the company would go into dissolution on April 2. After failing to source additional funding, blockchain company Factom has begun the process of being liquidated. In an April 2 notice to investors, Factom’s largest investor FastForward announced the “dissolution event”: “The Company has been notified […]
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Lackluster price growth has not impacted overall bullish short-term potential, says Vays, who is eyeing gains this month. Bitcoin (BTC) began the day down 2% on April 4, but one trader remained confident in a bullish scenario unfolding next week. Cryptocurrency market daily overview. Source: Coin360 Vays: I’ll buy BTC at $6,400 Data from Coin360 […]
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It is still too early to gauge the impact of QE on crypto, says Mati Greenspan. “The initial shock of the global economy grinding to a halt” is still too fresh. These are perilous times, and it hasn’t escaped anyone’s notice that the United States Federal Reserve is doing its part to alleviate the suffering […]
Continue ReadingCanada is the latest country to adopt FATF’s crypto guidance, but how will Canadian crypto firms fair under the new regime? As the world’s supervisory agencies start to heed the crypto guidelines of the Financial Action Task Force, a new regulatory landscape is taking shape within the crypto industry. The latest country to annex the […]
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Bitcoin ended its lengthy consolidation in the $6.4K-$6.8K range with a swift drop to $6,068, with the weekly and monthly close approaching traders will be keeping a close eye on the price. After trading in the $6,450 to $6,850 range for the past eight days, Bitcoin (BTC) price finally made a larger move, this time […]
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The alleged operators of the $722 million BitClub Network Ponzi scheme have requested their release from a New Jersey jail amid concerns over the coronavirus. Two alleged crypto Ponzi scheme operators have requested that a New Jersey federal court grant their release from jail over concerns that the facility will soon host a COVID-19 outbreak. […]
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The MakerDAO governance has added the stablecoin USDC as its third collateral type in an attempt to improve liquidity and Dai price stability. The MakerDAO governance has approved the USD Coin (USDC) stablecoin as the third collateral type accepted in the Maker Protocol, according to a community post on March 17. The decision was put […]
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Bitcoin price attacks $5,500 as President Trump announces support for a $1 trillion COVID-19 economic stimulus package. Bitcoin’s recovery from last week’s catastrophic drop to $3,700 continued on Tuesday as the digital asset briefly topped $5,500 before pulling back below $5,400. The improvement in the crypto market’s price action appears to have received a boost […]
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U.S. agencies work to handle crypto in sanctions evasion, but may ultimately just cut the country off from an evolving financial world. Running up against limited experience and resources for monitoring potentially illegal use of digital assets, United States authorities delegate sanctions monitoring to cryptocurrency exchanges and industry players. But do current practices do more […]
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Following a successful rollout in the south of the country, China’s blockchain invoicing system is being introduced to the capital. Following a successful rollout in Shenzhen last year, China’s blockchain invoicing system is being introduced to the capital. On March 2, the Beijing Municipal Office of the State Administration of Taxation announced its decision to […]
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