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Bitcoin Faces Biggest Monthly Price Drop of 2019 Despite Late Upturn
29.11.2019
Bitcoin looks poised to post the biggest monthly loss of 2019, despite the recent recovery from six-month lows
Bitcoin Price Grinds Closer to $8K as $7,500 Support Remains Intact
29.11.2019
Slow return to the upside for Bitcoin as bears stay absent
IRS Not Infringing Privacy Requesting Crypto Exchange Data: US Judge
29.11.2019
A California federal court finds that U.S. tax authorities have broadly stayed within their legitimate remit when collecting user data from crypto exchanges
Crypto Employees in China Work From Home to Avoid Government Pressure
29.11.2019
Not too long after embracing blockchain, Beijing has made it clear, one way or the other, that it didn’t mean Bitcoin. Increased scrutiny over the cryptocurrency sector and harsh measures against some companies have been implemented to supposedly protect citizens from scams. Sources say...
Is Russia Set to Ban Bitcoin Pay?
29.11.2019
Russia’s increasingly confusing cryptocurrency policy continues to develop – and the latest curveball is a proposed ban on payments made using Bitcoin and other cryptocurrencies.
Per a report from media outlet Izvestia, the country’s Central Bank and the regulatory Federal Financial Monitoring...
China: Crypto Exchange IDAX Locks up Cold Wallet as CEO ‘Goes Missing’
29.11.2019
IDAX exchange halts deposits and withdrawals after CEO vanishes
Germany: New Proposed Law Would Legalize Banks Holding Bitcoin
29.11.2019
By 2020, German banks will be able to custody Bitcoin, if new proposed changes to the law are approved
Bitcoin and Altcoins Could End November In Bullish Zone
29.11.2019
In the past three sessions, there were mostly range moves in bitcoin price above the USD 7,350 and USD 7,400 support levels. BTC/USD seems to be forming a support base and it could continue to rise above the USD 7,550 and USD 7,650 resistance levels.
Similarly, there are positive signs emerging...
Coinbase Patents AI Compliance System to Monitor and Flag Accounts
29.11.2019
Popular U.S. cryptocurrency exchange Coinbase received a patent November 19, for an AI-driven compliance system which would monitor customer accounts, flagging those deemed non-compliant and recategorizing them for corrective action. Described as a “compliance determination and enforcement...
Bitcoin (BTC) Bounces Back, Swing Traders Paradise!
29.11.2019
Bitcoin’s current price is a swing trader’s paradise with clear support and resistance zones. It is respecting Fibonacci levels on weekly and daily time frames like clockwork. Using weekly and daily charts with Simple Moving Averages, Ichimoku Kinko Hyo, Fibonacci Retracement Tool, and...
Is Plustoken to Blame for Bitcoin’s Sell-Off?
29.11.2019
Armchair theorists love postulating the reasons behind bitcoin’s latest price rise or sell-off. From China FUD to exchange hacks, anything and everything is fair game for blame. Plustoken is the latest bitcoin bear-maker that’s being credited with the last three months of downward price...
Despite St. Louis Branch Warnings, New York Fed Pumps $108 Billion Into US Economy
29.11.2019
On Wednesday, November 27, the U.S. Federal Reserve pumped $108 billion into the American economy using overnight repo tactics and 15-day repos. The central bank explained the move will stimulate more liquidity into the faltering U.S. economy, but economists from the St. Louis Federal Reserve...
US Judge Denies Customer’s Plea to Quash IRS Bitstamp Inquiry
28.11.2019
A Washington Western District Court judge has rejected petitioner William Zietzke’s appeal to stop the U.S. Internal Revenue Service (IRS) from accessing his Bitstamp trade data. An IRS summons invoked Zietzke to file a petition to quash the tax agency’s investigation into his private...
Happy Thanksgiving, Mr. Robot! Here's Some Bitcoin For You
28.11.2019
If it’s crypto-related, the crypto fans will notice it. Bitcoiners saw a Bitcoin (BTC) address in popular TV series Mr. Robot and, in the spirit of Thanksgiving, have actually sent some of the world’s number one cryptocurrency to it.
For those of you who haven’t seen it yet, Mr. Robbot is a...
Canadian Fund Manager 3iQ Files Propectus for Bitcoin Fund IPO
28.11.2019
Canadian investment fund manager 3iQ has listed the preliminary prospectus for its bitcoin fund as the next step toward an initial public offering (IPO), the company said Thursday
Robinhood Withdraws Bank Charter Application Due to Regulatory Challenges
28.11.2019
Robinhood has withdrawn its bank charter application with the U.S. Office of the Comptroller of the Currency due to regulatory challenges
Coinbase Secures Patent for System to Identify Non-Compliant Accounts
28.11.2019
Coinbase has been awarded a patent for a system that finds and flags non-compliant accounts
US Government Worried Crypto Can Shift Power to Private Sector
28.11.2019
Cryptocurrency is one of the top issues for the U.S. Treasury. Particularly, the Treasury is worried decentralized cryptocurrencies can shift some functions away from the government to the private sector and raise the issue of self-government, according to Deputy Secretary of the Treasury Justin...
Kraken, One of Oldest Bitcoin Exchanges, Joins Silvergate Exchange Network
28.11.2019
Kraken cryptocurrency exchange has joined crypto-focused Silvergate Bank’s Exchange Network
Binance to Launch Crypto Travel Rewards Card with Startup TravelByBit
28.11.2019
Binance crypto exchange will launch a travel rewards card for crypto payments with startup TravelByBit