Bitcoin Falls Short of Breaking $7,000, Other Altcoins See Slight Losses
Despite several attempts, Bitcoin has failed to stay about $7,000 today, with major altcoins trading sideways or slightly in the red Go to Source Powered by WPeMatico
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Many Swiss Bankers and Financial Regulators Quit to Join the Crypto Space
A lot of people in Switzerland have left the traditional financial sector to work in the crypto space, in which the banking nation is now developing a niche market. The Swiss banks don’t show enthusiasm officially, but they massively have interests in dealing with Bitcoin, insiders say. Also read: Switzerland’s Main Stock Exchange Dives Deep Into … Read more
Bloomberg: Goldman Sachs Plans ‘Crypto Custody’ Offering, Despite Bleak Market Predictions
Goldman Sachs is planning custody offerings for crypto funds, insider sources tell Bloomberg Go to Source Powered by WPeMatico
Bank of Thailand Green-Lights Financial Companies for Crypto Activities
Thailand’s central bank has announced the rules under which financial institutions, including commercial banks, and their subsidiaries can engage in cryptocurrency activities. They include securities, asset management, and insurance firms. This follows the country’s crypto regulatory framework that went into effect last month. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Circular, New … Read more
Bitcoin Hovers Near $7,000, While Altcoins Show Marked Signs of Recovery
After yesterday’s market tumble, Bitcoin continues to trade around the $7,000 mark, while other major cryptocurrencies are seeing marked gains Go to Source Powered by WPeMatico
Jamie Dimon Says JPMorgan Will Use Blockchain ‘for a Whole Lot of Things’
In a recent interview JPMorgan’s CEO Jamie Dimon implies cryptocurrency isn’t “real,” but blockchain is –– adding that the company will “use it for a whole lot of things” Go to Source Powered by WPeMatico
Bithumb Resumes Deposit and Withdrawal Services – Upbit Reveals 127% Cash Reserves
South Korean exchange Bithumb has resumed deposit and withdrawal services for a number of cryptocurrencies after the recent hack. Another major Korean exchange, Upbit, has released an audit report showing more crypto and cash reserves than needed to pay customers. Meanwhile, all customer deposits at Korbit will now be held by a bank. Also read: Yahoo! … Read more
Despite NYSE’s ‘Biggest News of the Year’ for Bitcoin, Crypto Markets Plummet in a Blink
Markets have taken a rapid plunge today, with Bitcoin losing almost $500 on the day to dip below $7,000 and over $13 billion wiped from total market cap of all cryptos Go to Source Powered by WPeMatico
Bank of Thailand Allows Banks to Open Subsidiaries for Crypto Dealings
Bank of Thailand has permitted banks to set up branches for dealing with cryptocurrencies, while the main crypto-dealings ban still remains Go to Source Powered by WPeMatico
The Daily: Cars and Pizzas for Crypto in Russia, Crypto Valley in South Korea
The wide adoption of cryptocurrencies in Russia has been put on hold after the State Duma postponed the final reading of three crypto bills for its fall session. Nevertheless, Russian companies are already planning to introduce crypto payments as soon as the regulations are in place. Among them, a major car dealer and an international … Read more
