US Treasury blacklists Chinese crypto addresses under the Kingpin Designation Act LeapRate

Whale concentrations in BTC and Tether raising manipulation concerns

August 22, 2019 BY Mariela Naydenova

US Treasury blacklists Chinese crypto addresses under the Kingpin Designation Act

The US Treasury, or more specifically its Office of Foreign Assets Control (OFAC) has recently blacklisted three Chinese residents and their respective crypto accounts. The reason? Smuggling of drugs and money laundering allegations. The three Chinese individuals are the following: Guanghua Zheng, Xiaobing Yan and Fujing Zheng. All three of them are currently named as narcotics traffickers and…

August 22, 2019 BY Valentina Kirilova

Five important dates loom large with respect to Bitcoin’s future prospects

In our new Internet Age, news cycles often turn over so quickly that yesterday’s storylines are soon forgotten, along with any important dates that could loom large in the future. Such is the case with Bitcoin, and particularly so since price behavior tends to gyrate wildly whenever news event of interest occur. For traders and…

August 22, 2019 BY Valentina Kirilova

NY Supreme Court rules in favor of NY AG in iFinex-Bitfinex-Tether lawsuit

When the same management team rules over both a crypto exchange and a “honey pot” with $3.5 billion on hand, while in a totally unregulated environment, there will always be the potential for fiduciary transgressions that cross over the line of accepted ethical standards. Such is the case with iFinex, the managing parent corporation for…

August 22, 2019 BY Valentina Kirilova

Cryptocurrencies and real estate now added to Swissquote's Robo-Advisor

Leading online Swiss bank Swissquote Group Holding SA (SWX:SQN) announced that it has added cryptocurrencies and real estate to its Robo-Advisor. Alongside shares, fixed-income instruments and commodities, Swissquote's clients will now be able to invest in crypto and real estate. The first Swiss automated asset manager, Robo-Advisor, was launched back in 2010, providing the ideal…

Binance seeks to curb SEC’s hunt for “fraud”

August 21, 2019 BY Valentina Kirilova

Binance throws its hat into “Libra competition ring” with its Venus Project

And now there are two contenders for the “2019 Crypto Hubris Award”, as if Libra needed a competitor to spur it on to victory or to smash it flat in defeat. Binance, the world’s largest crypto exchange by volume, in its infinite wisdom has decided to join the race to assist the un-banked masses of…

August 21, 2019 BY Valentina Kirilova

Bitcoin analysts cannot part with unfilled CME gap at $8,500 hypothesis

There is an old trading maxim that veteran traders always abide by, which states that one should never let their emotions convince them that they are smarter than the market. We have all made this mistake. We develop a strategy around a perception of what we sincerely believe the market will do. We establish a…

August 20, 2019 BY Valentina Kirilova

Bitwise CEO hopeful of SEC approval of BTC ETF – Claims issues resolved

The folks at Bloomberg UK recently interviewed Hunter Horsley, the CEO and head of research at Bitwise Asset Management along with Matt Hougan, Bitwise’s global head of research, to determine their views on the continuing delays by the SEC in approving any applications for a Bitcoin Exchange-Trade Fund (ETF). The Bitwise application decision was delayed…

August 19, 2019 BY Mariela Naydenova

Bank of America applies for a new blockchain patent

Bank of America is one of the US banks that is clearly leading in the blockchain-patent game. BofA has filed for over 60 blockchain-related patents so far. This is a major breakthrough since Bank of America is actually the second largest bank by assets in the US. Considering the tight regulations and the inability of…

Coinbase steams ahead with blockchain launch

August 19, 2019 BY Valentina Kirilova

Coinbase expands existing custody footprint with Xapo acquisition

Coinbase, America’s leading crypto exchange, took another step forward to utilize its $300 million fundraising of last October to expand its global footprint in the industry, this time by beefing up its fledgling custodial business with the acquisition of Xapo Ltd for a reported sum of $55 million. If and when the final transfers are…

August 19, 2019 BY Valentina Kirilova

Bitcoin bears prowling, but weekend trading maintains key $10,400 level

Nine weeks and still ranging is not what Bitcoin enthusiasts had been hoping for, but the leading cryptocurrency has not necessarily backed away from volatility. When other assets are range-bound, it is typically a tight range. One could make the argument that BTC is held captive by “tightening” boundaries, since its price behavior is now…

Category: Cryptocurrency

US Treasury blacklists Chinese crypto addresses under the Kingpin Designation Act

Five important dates loom large with respect to Bitcoin’s future prospects

NY Supreme Court rules in favor of NY AG in iFinex-Bitfinex-Tether lawsuit

Cryptocurrencies and real estate now added to Swissquote's Robo-Advisor

Binance throws its hat into “Libra competition ring” with its Venus Project

Bitcoin analysts cannot part with unfilled CME gap at $8,500 hypothesis

Bitwise CEO hopeful of SEC approval of BTC ETF – Claims issues resolved

Bank of America applies for a new blockchain patent

Coinbase expands existing custody footprint with Xapo acquisition

Bitcoin bears prowling, but weekend trading maintains key $10,400 level

S&P Dow Jones Indices Agrees Deal to Acquire ARC Research

EXANTE Launches AI-Powered News Aggregator

UBS and LSEG Partner: Bank to Adopt Data and Analytics Solutions

First Southern Fined $250,000 by FINRA Over Compliance Failures

Daman Markets Unveils Dirham-Based UAE Stock Trading