Alipay Denounces Bitcoin OTC Trading: Regulatory ‘Gray Area’ in China

Alipay denies providing support for Bitcoin trading amid reports of Binance accepting fiat deposits via popular payment channels. Earlier in October 2019, Binance announced a fiat on-ramp for crypto trading via Chinese payment services Alipay and WeChat. This move was part of the exchange giant’s peer-to-peer (P2P) trading rollout for Bitcoin (BTC), Ether (ETH) and Tether […]

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Swiss Federal Council Continues to Monitor Stablecoins and Blockchain

The Swiss Federal Council continues to monitor new digital technology developments such as blockchain, stablecoins and distributed ledger technology. The Swiss Federal Council is continuing to keep close tabs on global stablecoin projects and their possible opportunities and challenges. Switzerland is seen as very crypto-friendly In a press release on Oct. 16, the Swiss Federal […]

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Bitcoin Price Flat at $8.3K as Moving Averages Indicators Flip Bearish

Analysts are anticipating a retest of $8K as Bitcoin price indicators turn bearish on multiple timeframes, according to analysts. Bitcoin price (BTC) continued its latest sideways trading pattern on Oct. 15 as analysts increasingly warned over likely short-term volatility. Cryptocurrency market daily overview. Source: Coin360 Bitcoin clings to $8K support Data from Coin360 showed BTC/USD […]

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