No Results Found

The Dubai Financial Services Authority (DFSA), which oversees businesses operating from tax-free Dubai International Financial Centre (DIFC), revealed its plans to brings cryptocurrency regulatory frameworks in a business plan brochure for 2021 to 2022.“We will build upon recent achievements in this space over the business planning period through developing a regulatory regime for digital assets (such as tokenized securities and crypto-currencies), having already implemented regulations supporting various innovative business models,” the DFSA noted.Published on Monday, the business plan did not specify any details or deadline for introducing the regulations.The DFSA license is gaining a lot of traction among the financial...

Ruffer Investment has rationalised its unprecedented resolution to purchase $750 million worth of Bitcoin The UK-investment firm has given a justification for its massive Bitcoin purchase in the Investment Manager’s Period End Review published yesterday. The review covers investment and fund allocation activity involving the company for the second half of last year. Ruffer Investment is one of the major companies in the growing list of financial institutions flocking in the Bitcoin market. The firm is already invested in Bitcoin directly and has bought equities through other firms. “We gained our bitcoin exposure via the Ruffer Multi Strategies Fund and...

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience. Source

Today, digital asset manager CoinShares announced the launch of CoinShares Physical Bitcoin, an exchange-traded product (ETP) with each unit backed by on-chain BTC. The product will carry the ticker symbol “BITC.” “BITC will be the first product released on CoinShares’ new institutional-grade ETP platform and will launch with significant assets under management,” according to a release shared with Bitcoin Magazine. “Each unit of BITC is backed with 0.001 bitcoin at launch, providing investors with passive exposure to bitcoin and the convenience of an exchange-traded product.” BITC will be listed on the Swiss Stock Exchange (SIX) and carry a base fee...

Ripple started a strong rise after forming a base above $0.2550 against the US Dollar. XRP price is currently rallying and it is likely to continue higher towards $0.3500. Ripple is up over 15% and it showing a lot of positive signs above $0.3000 against the US dollar. The price broke many hurdles near $0.2880 and the 100 simple moving average (4-hours). There was a break above a crucial contracting triangle with resistance near $0.2825 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair is likely to accelerate higher towards the $0.3400 and $0.3600 resistance...

ETH Price Prediction – January 18 ETH/USD price action continues to move within a bullish nature, forming technical patterns for moves to the north. ETH/USD Market Key Levels: Resistance levels: $1400, $1500, $1600 Support levels: $1000, $900, $800 ETHUSD – Daily Chart ETH/USD continues to struggle this week as it trades with a slight gain of 0.02% to bring back the price of the coin from the low of $1181. Ethereum (ETH) continues to trade within a long term ascending price channel. A couple of days ago, the cryptocurrency was struggling to break resistance at $1294 but it must overcome...

Delphine d’Amarzit, the deputy CEO of Orange Bank, has been named the head of the Euronext Paris exchange, effective 15 March 2021. Pending regulatory approvals, D’Amarzit is the first woman to ever lead the Paris stock bourse.She replaces Anthony Attia, who has been chief executive officer of the French mega exchange since 2014. The outgoing CEO will vacate his position to become global head of primary markets and post trade, the pan-European exchange operator said on Monday.Attia will also oversee Euronext’s equity, debt and fund listing franchise and the corporate services business, as well as clearing, custody and settlement activities....

Huobi, a former ‘big three’ platform, has become the latest cryptocurrency exchange to go live on BLINC, a real-time payments network that allows zero transaction fees across fiat and digital currencies.Huobi’s integration with the settlement network was made possible through a partnership with London-based BCB Group, which operates crypto-focused startups regulated in the UK and Switzerland.BLINC, which is an abbreviation of BCB Liquidity Interchange Network Consortium, handles instant domestic and international cross-currency transactions, security tokens and smart contracts. This effectively eliminates the need for mainstream and sometimes costly payment networks, such as SWIFT and SEPA for transfers between BLINC users.BLINC launches...

Ripple (XRP) could break above $0.30 and rally higher, with bulls likely to target $0.40 in the next wave XRP has traded sideways for the last few days, with its lack of meaningful upside action allowing Polkadot (DOT) to overtake it as the fourth-largest cryptocurrency by market cap. Ripple’s underperformance since the SEC filed a lawsuit against the company and its top executives meant that it was always likely that its position would be taken by top performers like DOT. However, Ripple may be back in the top three if its price breaks out of consolidation and moves towards retesting...

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience. Source

What happens when your Lightning Network routing node is fed with garbage transactions that never resolve? In short, it causes a lot of grief for routing nodes. What was once a smooth, global payment system can be locked up with trivial effort from a savvy script writer. Working in a small team of routing nodes, we successfully ran a test of the attack with real funds and demonstrated the “griefing” attack described by Joost Jager. The attack is called a grief attack since it is not a theft of funds, but it causes a victim’s Lightning funds to be frozen:...

Bitcoin has seen some mixed price action as of late, with bulls and bears largely reaching an impasse as the cryptocurrency consolidates Where it trends next will undoubtedly depend largely on whether or not bulls can break the ongoing consolidation phase and spark a move higher This will likely only come about if BTC can flip $40,000 into support, as this has proven to be an intense resistance level While sharing speaking about BTC’s price action, one analyst explained that it is currently caught within a relatively large pennant As such, he expects it to see further consolidating in the...

Stephan Harper stands as the former Prime Minister of Canada, having served nine years within the position. In a recent interview with Jay Martin from the Cambridge House investment service, he revealed that Bitcoin might just have a spot in central banking. The asset, alongside central bank digital currencies (CBDCs), could serve as a basket of reserve currencies in order to replace the USD. Harper: USD Might Lose Some Of Its Dominance The interview was done today at the Vancouver Resource Investment Conference, where Harper stated that the USD being replaced would only be a result of a large currency...

EuropeFX has strengthened its commitment to retail traders in 2021 with the offering of Acuity Expert Advisors (EA) for its growing user base.With volatility at record highs, traders need to stay on top of the news to consistently profit. This is where EuropeFX comes in, having partnered with news sentiment specialist, Acuity.Acuity focuses on AI-driven sentiment trading tools with the aim of harnessing news feeds. One of the foremost difficulties of utilizing news presently is information overload.With more resources available at your fingertips than ever before, the ability to correctly process this information is at a premium.Utilizing Acuity EA, users...

Chiliz, a fintech blockchain company, has announced today that it has partnered with AC Milan to launch the $ACM crypto token for fans through a social platform socios.com. The new fan token will provide several benefits to the holders including voting rights in club polls.According to the official announcement, the fan token will be launched within the next few weeks. The $ACM Fan Token holders will be able to take advantage of AC Milan’s VIP rewards. The Italian football club has joined other teams like FC Barcelona, Juventus, PSG, and AS Roma to launch a fan token on the fan...

According to Ark Invest’s chief executive, the Bitcoin ecosystem has not seen the end of institutional investors Catherine Wood, the founder of ARK Investment (Ark Invest), believes that many more big firms will be exploring Bitcoin in the coming days. Wood predicted that a new wave of institutional investors was on the way. She asserted that there has been an increasing interest in the digital asset lately and its epic run will attract several firms looking to add Bitcoin to their financial books. Wood specifically highlighted tech companies as the most probable to follow the current trend set by the...

Posted by: Bitcoin News Editor in Bitcoin News Wire 1 hour ago Bitcoin rose to $37,000 on Monday, back toward a level that strategists at JPMorgan Chase & Co. see as an inflection point for the digital coin.Read Full Story The ForexTV Bitcoin editor automatically searches and aggregates stories related to bitcoin and other crypto currencies. Latest posts by Bitcoin News Editor (see all) Source

The anticipated flow of institutional capital into the crypto market has been a popular narrative over the last few years, but often with limited traction. Now, in the aftermath of the 2020 macro backdrop, it’s actually happening. Preparations for institutional involvement have been made, and enterprise-level solutions built for crypto custody, digital asset management, and trade execution brokerage. As the crypto market recently topped $1 trillion for the first time and following projections for that to grow fivefold, it’s more important than ever that institutional-grade rails are in place to capture this critical mass. Some of the projects at the...

BCH Price Prediction – January 16 For the past few days now, BCH/USD price actions have been consolidating around the 9-day moving average. BCH/USD Market Key Levels: Resistance levels: $600, $650, $700 Support levels: $350, $300, $250 BCHUSD – Daily Chart BCH/USD is now struggling with the bearish pressure that dominates the entire crypto landscape. A few actions were witnessed to the upside over the past few days. However, the zone between $450 and $550 stayed intact as the key support level. The bulls are keen to ensure that the price stays above the moving averages before today’s dips into...

In another rollercoaster of a week in the crypto world, here are the standout stories from the worlds of forex, fintech and crypto in our best of the week segment.ETH Price Slid Roughly 20% in 24 Hours, But Signs of Recovery Are ShowingThe week started with Ethereum (ETH) taking a little of the spotlight from Bitcoin. As of Monday, ETH had fallen nearly 20 percent over the last 24 hours. Mirroring moves by Bitcoin, ETH had actually fallen even further at one point earlier in the day but was showing some signs of recovery.Was it expected? a number of analysts have been...

Mike Novogratz’s Galaxy Digital has jumped into the cryptocurrency mining business with the launch of a new unit that will provide financial services and products to Bitcoin miners.Dubbed Galaxy Digital Mining, the unit will be led by Fidelity’s former director of mining, Amanda Fabiano. The firm described that it will offer services like trading and risk management, investing and lending and corporate advisory to Bitcoin miners.Additionally, the business wing will directly engage in Bitcoin mining as well. It set up its facility in a third-party datacenter in the United States.“Bitcoin mining is the foundation of the Bitcoin network,” Fabiano said....

Ethereum (ETH) reserves on centralised crypto exchanges have plunged by 27% over the last two days as platforms run out of the cryptocurrency The Ether reserves on cryptocurrency exchanges dropped by 27% over the past 48 hours, with analysts predicting ETH could soon hit a new all-time high price. According to CryptoQuant, only 8.1 million ETH is currently available in the reserves of various cryptocurrency exchanges. The decline in Ether reserves indicates that more people are holding the cryptocurrency rather than selling or transacting it. With most investors hodling the cryptocurrency, the exchanges are suffering from low liquidity. The rapid...

Posted by: Bitcoin News Editor in Bitcoin News Wire 1 min ago Billionaire investor Mark Cuban, who famously said he’d rather have bananas than bitcoin, has warned traders to watch for a rise in interest rates—but thinks the emerging decentralized finance (DeFi) …Read Full Story The ForexTV Bitcoin editor automatically searches and aggregates stories related to bitcoin and other crypto currencies. Latest posts by Bitcoin News Editor (see all) Source

Listen To This Episode: In the fifth installment of the “BitcoinTina On Bitcoin” series, CK and BitcoinTina discussed the potential bull market scenarios for bitcoin. In this podcast, they covered three different bitcoin price scenarios which are all very bullish but difficult and distinct to trade. #bitcoin has 3 potential price paths IMO.1. Parabolic up in 2021 then crash. Typical view of bitcoiners. Deep consensus.2. up 2-5X each year 2021,2022,2023, with 20-40% corrections. Then front run 2024.3. Massive repricing up $500K to $1 million 2021/22. Then sideways.— BitcoinTina☣️- "TINA" #bitcoin (@BitcoinTina) December 24, 2020 The cornerstone of BitcoinTina’s argument is...

Recent encouragements to integrate and leverage consumer [patient] generated data in the world of healthcare poses a unique threat to patient privacy that isn’t addressed nearly enough. According to the 2021 healthcare trends report published by Apploi, said patient data would be collected via monitoring devices installed in homes, on smartphones, in public places, and healthcare facilities that would have the capability to regularly record and upload patient data that would get sent to providers. As the dependence on digital health increases, so do the barriers that will need to be addressed which include: unreliable access to the internet, privacy,...

Ethereum broke the $1,200 resistance to move into a bullish zone against the US Dollar. ETH price is showing positive signs and it is likely to continue higher above $1,300 and $1,400. ETH price is gaining bullish momentum above the $1,200 pivot level against the US Dollar. The price is facing hurdles near $1,280, but it is well above the 100 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $1,215 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is likely to continue higher towards $1,400 and $1,500 in...

Cyber-attacks have always been considered a threat to many private and governmental institutions, even prior to the Covid-19 pandemic. Although ransomware cases were instrumental to many cyber-attack operations in 2019, an emphasis was given to the higher risk industries, and less to the lower risk realms and governmental institutions.Academia, being the epitome of the lowest end of the low-risk industry, was never fully considered a viable source of ransomware. This false notion of security has led to an unprecedented attack in late December of 2019.Ella RosenbergMaastricht University, one of the leading universities in the Netherlands and globally, has suffered an...

Sandeep Patil, a joint commissioner of police of the city of Bengaluru in India, announced today that the Karnataka police has seized Bitcoin worth 9 crore INR ($1.23 million) from an arrested hacker.According to a report by India Today, the hacker named Srikrishna alias Shreeki was arrested on 18 November for allegations of breaking into government websites. During the investigation, police discovered that Shreeki had hacked 3 Bitcoin exchanges and 10 poker sites to steal more than 30 Bitcoin.The hacker used malware to target government websites, he also hacked online gaming portals and other websites to win money and crypto...

Online scams are as old as the internet itself. The large educational and generational gap between the young and old has given rise to fraud in the world of finance. First, we saw it happen with cheques and credit card payments; these eventually became too hard to outsmart. Nowadays, cryptocurrency fraud is booming and exists in all different forms. The more people choose to buy Bitcoin, the more creative these frauds become. In this article, we look at the progress of Bitcoin, how it fuels scammers’ creativity, and what you can do to avoid falling victim to such practices. Let’s...

Posted by: Bitcoin News Editor in Bitcoin News Wire 1 min ago Aave, SushiSwap, and other major DeFi bluechips are rallying hard despite Bitcoin’s consolidation. DeFi blue-chips, including Aave (AAVE) and SushiSwap (SUSHI), have been rallying hard in the past …Read Full Story The ForexTV Bitcoin editor automatically searches and aggregates stories related to bitcoin and other crypto currencies. Latest posts by Bitcoin News Editor (see all) Source

Today marks the official release of Bitcoin Core 0.21.0, the 21st major release of Bitcoin’s original software client launched by Satoshi Nakamoto almost 12 years ago.  Overseen by Bitcoin Core lead maintainer Wladimir van der Laan, this latest major release was developed by well over a hundred contributors in a span of about six months. The result of over 600 merged pull requests, Bitcoin Core 0.21.0 is one of the biggest Bitcoin Core releases in recent years, introducing various new features as well as privacy and performance improvements, while taking a big step towards the Schnorr/Taproot protocol upgrade. Below are...

To say the emergence of the novel coronavirus has changed the way we live our lives would be an understatement. With many companies shifting to remote work and schools switching to digital learning, most of us have been spending a lot more time at home. Additionally, to help curb the spread of this highly infectious virus, we’ve largely stopped going out in public unless doing so is absolutely necessary. In such a time of fear and uncertainty, financial anxiety is the last thing any of us needs. Whether you’ve been able to continue working during the pandemic or are currently...

Participation in the DeFi and staking ecosystems has seen explosive growth over the last year, with the combined sectors currently accounting for over $50 billion in value. DeFi growth was predominantly fueled by the breakthrough success of Ethereum-based projects such as Aave, Compound, and Uniswap, utilizing ERC20 stablecoins like USDC and Dai to generate yield. Digital assets staked on other networks were left behind, unable to participate in the emerging DeFi ecosystem. If those stakers wanted to access DeFi without introducing new capital, they needed to unstake and sell their investments to enter the market. That meant giving up on...

1 Jun 2020 Bitmain has made available another SHA256 ASIC from their Antminer 19 series available for pre-order – the 84 TH/s Antminer T19 miner. In terms of power efficiency and hashrate the new T19 series device sits a little below the Antminer S19, sold at almost the same pre-order price, but starts shipping near the end of next month and not in September like if you pre-order S19 now. Antminer T19 offers 84TH/s hashrate at 3150 Watts of power or with other words 37.5 J/TH power efficiency and it comes with a built in power supply like other high...

Unilever House, London, seen from Blackfriars BridgeLeading Japanese advertising agency ADK and UK-based adtech vendor EnvisionX have announced their first successful blockchain campaign with Unilever Japan. According to a press release CoinReport received from Jargon PR, EnvisionX’s communications agency, the PoC was conducted using EnvisionX’s EXChain platform, the firm’s blockchain proposition directed towards delivering improved campaign transparency, accountability and fraud protection. The PoC was performed as a full end-to-end undertaking, with all the related digital advertising stakeholders i.e. publisher, SSP, brand, DSP, technology vendor and agency being included. The fully automated campaign also independently settled the participating SSP and DSP...

 Bitcoin has reached a new all-time high. On November 30, the currency rose beyond the $19,800 mark, breaking its previous record set in December of 2017. Credit Card giant Visa has partnered with Blockfi to launch a credit card that rewards users in Bitcoin. Users will receive 1.5% of their purchases back in Bitcoin and a bonus of $250 in BTC after spending $3,000 or more. In a separate partnership with Circle, Visa will integrate the stablecoin USDC within its network of merchants. Visa will issue a credit card that lets businesses send and receive USDC payments directly from...

Bitcoin (BTC) Price Prediction – January 16, 2021On January 14, BTC/USD retested the psychological price level but failed to break the resistance level. BTC price fell to $34,500 and became range-bound between $34,000 and $38,000. The $38,000 price level is now resistant to the BTC price. Today, the upward move is facing rejection at the $38,000 high. Resistance Levels: $45,000, $46,000, $47,000Support Levels: $35,000, $34,000, $33,000 BTC/USD – Daily Chart Following a second retest at the $40,000 resistance, the crypto price is gradually resuming a downward move. The reclaiming of the $40,000 psychological price level was a brief time. At...

Illit Geller, one of the few female veterans in the fintech industry, has parted ways with Israeli fintech startup Capitolis following three and a half years in the role of leading its product development, Finance Magnates has learned.Illit, who has originally joined Capitolis as an executive vice-president and global head of FX, will be leaving at the end of January to join DisruptiveAI, a new venture capital fund focused on AI.“Disruptive AI is a unique venture capital fund focused on investments in early-stage startups in the broad field of Artificial Intelligence (AI). We bring together AI & Disruptive technologies to transform...

The mayor of Miami, Francis Suarez is considering the investment of some of the government funds in the world’s largest cryptocurrency, Bitcoin. Suarez is planning to attract the crypto industry through a friendly regulatory framework.During an interview with Fox Business, the Miami mayor mentioned that Bitcoin is an attractive investment and the city is planning to allow its citizens to pay taxes and fees through BTC. He added that Miami is creating regulations to facilitate crypto businesses.“If I would have invested in Bitcoin last year, I would have made 200 plus percent. So, I would have looked like a genius....

Jerome Powell, chair of the US Federal Reserve said the department does not intend to launch a CBDC anytime soon  Powell averred that the Fed was taking a slow but sure approach on Central Bank Digital Currencies (CDBCs) as they could threaten the monopoly enjoyed by the US dollar. Speaking at a webinar event hosted by Princeton University yesterday, the Fed chair added that there was no rush in delivering a digital currency in the country. “We don’t feel an urge or need to be first. We […] already have a first-mover advantage because [the U.S. dollar is] the reserve...