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Market Update: Bears Claw Crypto Prices Below Long-Term Support

18.12.2019
Digital currency prices plummeted on Tuesday, as cryptocurrency markets lost billions during the morning trading sessions, New York time. BTC dropped well below the $7k range and other digital assets followed BTC’s path with sharp losses. Crypto prices haven’t been this low since May...

Huobi Wallet Will Support ADA Staking During Cardano Mainnet Live

18.12.2019
Good news coming for Huobi wallet users. Huobi wallet, in its latest tweet, has announced that the Huobi users can join them for staking ADA currency to earn incentives. Huobi Wallet app will support #ADA staking once Cardano mainnet is live. Meanwhile, HuobiWallet node will be launched for Shelley...

Justin Sun commits USD$1 Mil to GretaThunberg’s initiative

18.12.2019
Justin Sun, the globally reputed crypto business personality and CEO of the world-acclaimed TRON Foundation, has announced to contribute a whopping amount of USD$1 Million to teenage environmentalist Greta Thunberg’s noble initiative focused towards the replenishment of the global ecosystem....

Indian Crypto Community Gathers to Dispel Confusion About Regulation

18.12.2019
As the Indian government deliberates on the country’s crypto policy, there has been some confusion in media reports regarding crypto regulation in India. A group of local crypto enthusiasts and community members have gathered in an effort to ensure that the crypto situation in India...

MoneyGram May Not Be Holding Any XRP, but They Share Equal Vision: MoneyGram CEO

18.12.2019
MoneyGram is one of the world’s fastest-growing money transfer company and it possesses a huge market share in the United States. Recently, MoneyGram has announced many new partnerships to sustain in the market amidst tough competitions from its other peers. In an interview with CNN’s...

Crypto Regulation Is Coming To Europe: Are Exchanges Ready for New Rules?

18.12.2019
European crypto companies have a countdown clock on regulations kicking in on Jan. 10 next year. So how are they preparing?

Fidelity Launching Crypto Services in Europe, Citing ‘Significant Interest’

18.12.2019
Fidelity Investments is expanding its crypto services to European clients after seeing increasing potential in this market. The expansion builds upon the company’s U.S. crypto business. “We’ve seen significant interest and engagement by the institutional community, which show...

Circle Sells OTC Desk to Kraken to Focus On Stablecoin

18.12.2019
Circle sells over-the-counter desk Circle Trading to Kraken in continued reductions at the firm, which says it is all part of honing in on stablecoin work

Coinfloor’s CEO Explains Decision to Delist All Crypto but Bitcoin to Cointelegraph

17.12.2019
Coinfloor will delist all cryptocurrencies but Bitcoin, according to the CEO because it is the only cryptocurrency that is proven to date

The Productization of Bitcoin Maximalism

17.12.2019
NLW discusses the rise in bitcoin only businesses and “blockchain not crypto” in China vs. “digital assets not blockchain” in US financial firms

Russian Authorities Charge Two Anonymous Crypto Scammers

17.12.2019
Ever since the popularity of cryptocurrencies has seen a tremendous jump in the financial market, the rate of crimes, frauds, and illicit activities concerning digital assets have also surged up at an equally fast pace. In a recent incident, the regulatory authorities held two Russian citizens...

Gemini, State Street Launch Cryptocurrency Reporting Pilot

17.12.2019
Gemini cryptocurrency exchange and State Street have jointly launched a pilot producing reports on a user cryptocurrency holdings

Plustoken Cash-Outs Could Be Behind BTC Price Drop, Says Report

17.12.2019
On Monday, the blockchain surveillance company Chainalysis published an excerpt from the firm’s upcoming crime report that will publish in January. According to the Chainalysis research, the Ponzi scheme called Plustoken not only defrauded investors out of $3 billion but the scam “may...

CipherTrace Hints at Financial Institutions Incompetence to Trace Digital Currency Transactions

17.12.2019
CipherTrace has taken the crypto world in a blow by stating that nearly $2 billion digital currency transactions, processed by the top 10 highly reputed U.S banking entities, go traceless on a yearly basis. CipherTrace takes pride in being the world’s first blockchain forensics team created by...

Mining Pool Simplecoin and Interactive Faucet Chopcoin Shut Down Due to EU Regulations

17.12.2019
Like crypto payments provider Bottle Pay, mining pool Simplecoin and interactive bitcoin faucet Chopcoin are shutting down in light of restrictions imposed by EU anti-money laundering legislation, AMLD5. Simplecoin co-founder Marvin Janssen addressed Telegram users last month saying “We...

Ciphertrace Says Banks Unknowingly Process $2 Billion in Crypto per Year

17.12.2019
According to the blockchain analysis firm Ciphertrace, major U.S. banks process roughly $2 billion in digital currency transactions that go undetected every year. Ciphertrace disclosed a slew of financial institutions have not deployed the right KYC/AML infrastructure to detect unregistered...