Apple Card is irrelevant. It strives to become a marketing tool for an underperforming iPhone market rather than an actual credit card. | Source: AP Photo/Tony Avelar, File By CCN Markets: The first thing to understand about Apple Card is that it is not exactly a card. Undoubtedly, the technology behemoth’s entry into the finance sector...Read More
Financial Crimes Enforcement Network (FinCEN) and the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued an advisory to alert financial institutions to drug trafficking-related financial schemes. The U.S. Department of Treasury released a detailed post that highlighted, “Information in the advisory will assist them (FinCEN) in detecting and reporting related criminal...Read More
Geode Capital Management Llc decreased Acuity Brands Inc (AYI) stake by 4.3% reported in 2019Q1 SEC filing. Geode Capital Management Llc sold 21,237 shares as Acuity Brands Inc (AYI)’s stock declined 7.00%. The Geode Capital Management Llc holds 472,617 shares with $56.68 million value, down from 493,854 last quarter. Acuity Brands Inc now has $4.93...Read More
Among the many reasons that make Bitcoin unique, is that it’s designed to be a global currency accessed by anyone, anywhere, without restriction. Because of this, the first-ever crypto asset is used across the world in different capacities, affected by culture, economic conditions, regulation, and more.The post appeared first on NewsBTCRead More
The G7 is meeting next week to explore the regulations around Bitcoin and other cryptocurrencies. Unsurprisingly, Anthony Pompliano is not worried. G7 to Discuss Bitcoin Next week, the G7 is scheduled and this time the leaders of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States will set aside some time to...Read More
Here’s a riddle for you: what does Monero’s Fluffypony have in common with former Capital One Vice President Alan Silbert, as well as Charlie Lee? Besides an oversized presence on crypto Twitter, all three are listed on the paperwork for crypto’s latest three-letter fad: an IPO. Crypto trading platform INX has applied to the U.S....Read More
Chonic crypto critic Peter Schiff promised that the Bitcoin price would never, ever hit $50,000. One trader told us he is dead wrong. | Source: Cambridge House International Inc./YouTube (i), Shutterstock (ii). Image Edited by CCN. By CCN Markets: The Bitcoin price has defied his bearish portents before, but goldbug and chronic crypto critic Peter...Read More
Opening a fresh long position in Monero at current levels may not be a wise decision for non-experienced traders. | Source: Shutterstock By CCN Markets: Monero has been trapped in range accumulation for over a year now. Since August 2018, the cryptocurrency has been range trading in a wide range between $40 and $120 with a...Read More
Even with the ongoing fluctuation in the price of Bitcoin [BTC], a lot of investors are looking forward to investing in the king coin due to the growth in its market cap over the past few months. With coin movements growing more significant by the day, more and more traders are now getting into the...Read More
EOS is a decentralized blockchain project that allows development, hosting and execution of commercial-scale dApps. Under the EOS network, businesses and individuals can set up dApps just like the normal web-based applications. The platform provides developers with secure access, authentication, permissions, data hosting, usage management, and communication between the dApps and the Internet. It works...Read More
Last year the World Bank and the Commonwealth Bank of Australia announced a permissioned Ethereum-based blockchain to facilitate the end-to-end issuance of bonds between financial partners. The Bretton Woods-created financial institution hopes to make debt capital markets far more efficient with a bank-to-bank blockchain network. At the same time, the World Bank’s bond scheme has...Read More
Bitcoin has several big dates in the next couple of months which should be of interest to anyone with a stake in the network. Depending on how these pan out, we could well see renewed confidence and uptake, as well as another bull run. So what are we waiting for? 23 September – Bakkt Bitcoin...Read More
Bitcoin has long been pitched as the digital version of gold – a precious metal that’s long been used as a store of wealth, transfer of value, and features many of the attributes that Bitcoin is lauded for, such as scarcity.The post appeared first on NewsBTCRead More
Ever since Facebook announced its plans to launch its own cryptocurrency, the world’s regulatory and financial space hasn’t been the same. However, the news cycle about Libra was soon overtaken by lawmakers and regulatory bodies voicing their grave concerns about the same, while also highlighting Facebook’s own problematic history. What is missing however from the...Read More
Since January, Charlie Lee has been teasing at plans to introduce confidential transactions to Litecoin. However, the announcement was followed by a long stretch of radio silence, and followers were left wondering if they would ever see the promised privacy features. Hope was restored on Tuesday, when Lee announced that a new developer has joined...Read More
Stablecoin operator Tether plans to issue a Chinese yuan-backed stablecoin, local industry media ChainNews reports on Aug. 21. Tether to issue a renminbi-pegged stablecoin Bitfinex shareholder Zhao Dong informed the outlet that Tether — the stablecoin operator behind USDT — plans to issue a new stablecoin in the near future. It would be backed by...Read More
Cryptocurrency markets are bleak leading into Wednesday, August 21. Bitcoin has reversed all of its hard-fought gains since the start of the week, falling back below the $10,000 mark. Cryptocurrency Market Situation. Source: Coin360 The overall market is also seeing strong losses, most notably ETH, which has fallen back to its weekend price. The heaviest...Read More
Litecoin Cash (CURRENCY:LCC) traded down 11.2% against the US dollar during the 1-day period ending at 7:00 AM ET on August 21st. One Litecoin Cash coin can now be purchased for approximately $0.0130 or 0.00000128 BTC on major cryptocurrency exchanges including Braziliex, HitBTC, CryptoBridge and Mercatox. During the last week, Litecoin Cash has traded 8.6%...Read More
Bitcoin Cash Price Analysis (BCH/USD) In the last 24hrs, Bitcoin cash has maintained a bearish run. The same trend is most likely to continue since the 21 day MA is actively trading above the 7 day MA. BCH/USD pair corrected losses yesterday to trade below the critical resistance level at $322.0. Additionally, the bearish pressure...Read More
Beating the general narrative of crypto resistance from the U.S. government, Everex, the payments and trading platform just announced the issuance of “full Money Transmitter (MSB) License” from the New Jersey Department of Banking and Insurance. The information was brought to light through Everex official Twitter handle, which read, “We’re excited to announce that New...Read More
Privacy-focused Nym Technologies unveiled new code this week for its decentralized identity system. It’s slated for testnet launch this fall. On Tuesday at the Web3 Summit in Berlin, Nym CEO Harry Halpin said the technology represents “the next generation of privacy infrastructure” not just for blockchains but for the entire web. Indeed, one of the...Read More
Securitize, a provider of technology for issuing blockchain tokens, has registered as a transfer agent with the U.S. Securities and Exchange Administration (SEC), a move it says will boost adoption. Announced Wednesday, the registration means Securitize can now act as the official keeper of records about changes of ownership in securities. While that might sound...Read More
Commonwealth Bank of Australia (CommBank) has co-developed a blockchain marketplace that it says could support sustainable development and reward landowners for protecting the environment. Created in partnership with BioDiversity Solutions Australia (BDS), the prototype platform uses digital tokens, dubbed BioTokens, to facilitate trading of biodiversity credits for the New South Wales Government’s Biodiversity Offsets Scheme. The scheme...Read More
The assigned liquidator for the collapsed New Zealand-based cryptocurrency exchange Cryptopia says it’s making progress in determining customer holdings, but that the management of user funds by the exchange has caused delays. Professional services firm Grant Thornton New Zealand was assigned to oversee the liquidation process in May, after the exchange had failed to recover from...Read More
A prolonged rainstorm in China’s Sichuan province has caused land- and mudslides, forcing some local hydropower plants and bitcoin miners to halt operations. Heavy rain has been drenching Sichuan’s mountainous Aba prefecture since Monday, with landslides now affecting 17 counties in the area, according to local government social media posts on Tuesday. Among them, the Wenchuan county appears...Read More
U.S. Secretary of State Michael Pompeo has said he believes that cryptocurrencies should be regulated in the same way as financial institutions. In an interview with CNBC’s Squawk Box on Tuesday, Pompeo was asked how best to regulate Facebook’s Libra or bitcoin. He responded: “My sense is this: We should use the same framework that we...Read More
AUGUST 22, 2019 – The HYPE Project (https://hypetoken.io) has launched a social tokenomics experiment to test the crowd’s ability to collectively manage and control the inflation and deflation of a tokenomy. This free-for-all experiment is currently in its initial distribution (airdrops) phase and users are encouraged to participate in the experiment by voting for the...Read More
Ethereum’s cryptocurrency, ether, is losing altitude, with signs suggesting the asset has ended a bull market from December lows with a drop below $200 last week. The second-largest cryptocurrency by market capitalization is currently trading at $183 on Bitfinex, representing a 7.3 percent drop on a 24-hour basis. Prices fell 10.18 percent last week and...Read More
Recently Peter Wuille introduced a new smart contract language for the Bitcoin code called Miniscript. Peter, who is known for creating the SegWit code, says he has been working on this for about a year. In recent news, Peter Wuille, the creator of SegWit has come out with a new work. This time it is...Read More
Cryptocurrencies have changed the world of every sector and the field. It has become an integral part of gambling and online betting. With the arrival of blockchain, the demand for digital currency has risen in almost every sector. With its intense security, 100 percent transparency, anonymity, and many other features it is predictable that it...Read More
