Bitcoin and Altcoins Signaling Bullish Continuation
28.1.2020
Yesterday, we discussed the chances of more upsides in bitcoin price if it climbs above the USD 8,650 and USD 8,850 resistance levels. BTC/USD did rise above the USD 8,850 resistance and it even surpassed the USD 9,000 resistance. It tested USD 9,150 and is currently (09:00 UTC) correcting...
VeChain Dips Below $0.0060, Yet Exhibits Bullish Divergence
28.1.2020
VeChain price trend appears stable yet bearish as it trades at $0.00560 on Bitfinex VET/USD slides below 38.20% Fib Retracement Area as it falls from the 30-day high marked at $0.00652 The current price is expected to have a volatile breach in the upcoming days as the coin has already tested...
Swiss Bank Julius Baer Offers New Digital Asset Services With Licensed Crypto Bank SEBA
28.1.2020
Switzerland, a nation that’s been quite positive towards crypto business, is facilitating the integration between its traditional financial sector and the blockchain industry. With greater regulatory clarity and stability coming, established banks are plucking up the courage to offer digital...
Tone Vays: Bitcoin Must Hold $9K for 2-3 Days to Secure Bull Market
28.1.2020
Bitcoin price needs to prove itself over several days before I turn bullish, says Tone Vays
Why Lightning Payments Aren’t Clicking for Porn Companies (Just Yet)
28.1.2020
Bitcoin may finally achieve broader traction through the adult entertainment industry in 2020, but the chips aren’t stacked in its favor
Blockchain Spending Plummets at Russian Giant Rostec as Hype Wanes
28.1.2020
The state-sponsored Russian technology firm Rostec aims to halve its blockchain research and development fund and now estimates smaller effects on the economy.
The company stated that it plans to spend RUB 28.4 billion (USD 453.2 million) on blockchain technology by 2024, Kommersant reported...
ANALYSIS: RBI vs. Crypto Hearings End; Verdict Pending
28.1.2020
As the long and intense legal battle between RBI and Crypto comes to an end, both sides have presented their arguments and await a judgment as to whether RBI’s directive banning banks from dealing with cryptocurrencies was warranted and valid. Counsel for IAMAI, Ashim Sood, has made a strong case...
Gemini Europe Hires New Chief Compliance Officer for Europe Expansion
28.1.2020
Gemini cryptocurrency exchange appoints RBS veteran as new chief compliance officer for its push into Europe
Wallet Creator Offers $250K to Anyone Who Can Crack the ‘Hack-Proof’
28.1.2020
Israel-based cold wallet developer GK8 is offering a bug bounty of up to $250,000 to the first person who can break into its ostensibly “hack-proof service
RBI vs. Crypto: Supreme Court of India – January 28, 2020
28.1.2020
IAMAI’s public interest litigation to freely allow crypto activity in India has gained much traction amongst the crypto community. Last week, we saw counsel for RBI, Mr Shyam Dewan and counsel for IAMAI, Mr Ashim Sood, present their cases to a panel of three judges. While Dewan defended RBI’s...
Gemini Hires Former Circle Compliance Officer to Oversee European Market
28.1.2020
Blair Halliday steps into the role at Gemini as the EU's Fifth Anti-Money Laundering Directive (AMLD5) goes into effect
Singapore Announces New AML Rules for Crypto Businesses
28.1.2020
Singapore’s newly-enacted Payment Services Act brings so-called Digital Payment Token (DPT) services under current anti-money laundering (AML) and counter-terrorist-financing (CTF) rules