Bookmarking Crypto Insights
A local cryptocurrency exchange in Chile has reportedly filed a lawsuit against six major banks in the country for abusing their power and quashing its crypto payment business. This lawsuit follows another one filed in Chile against ten banks by a different crypto exchange. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Six Banks … Read more
Deep into that darkness peering, long I stood there wondering, fearing, Doubting, dreaming dreams no mortal ever dared to dream before Lifestyles of the Poor & Famous On January 29, 1845, Edgar Allan Poe became an overnight sensation with the New York Evening Mirror’s publication of a poem that still thrills and haunts readers, listeners, … Read more
With virtually all of the top cryptocurrency markets in the red once again, today will prove to be a rather interesting day. Some markets are suffering from steep losses, as the Cardano price is down by over 4%. Not a positive development for this somewhat popular altcoin, albeit there is little one can do about … Read more
Switzerland’s legacy bank, Hypothekarbank Lenzburg, announced this week it was accepting cryptocurrency related businesses as account holders, something many legacy financial institutions outright refuse. Long viewed as a progressive society way ahead of its time, the Swiss are once again leading, … this time it’s doing so in the crypto revolution. Also read: Fidelity Investments … Read more
While there are many potential benefits to cryptocurrency, one has to acknowledge this new form of money has gotten a bad reputation as well. There are many reasons as to why criminals are drawn to Bitcoin and other similar currencies. Even so, it remains to be seen how long this situation will remain in place. … Read more
A study has found that despite their volatility, cryptocurrencies do not endanger the financial system and the economy of Russia, as the risks are offset by the highly concentrated ownership of digital assets. Crypto fluctuations are not believed to affect consumption either. Russian residents have controlled cryptocurrency worth between $7.5 and $14 billion in the … Read more
The BTC markets are currently testing two major trendlines comprising a major symmetrical triangle. As of this writing, bitcoin appears to be following a major ascending trendline that dates back to mid-2017, whilst simultaneously testing a descending trendline that runs from December’s all-time high of nearly $20,000 USD to the local high of approximately $10,000. … Read more
In recent regulatory news, the United States Commodity Futures Trading Commission (CFTC) has rejected a Freedom of Information Act (FOIA) request regarding the subpoenas recently received by Bitfinex and Tether; the United States Securities and Exchanges (SEC) Chairman, Jay Clayton, has indicated that the regulator will not alter existing securities legislation to cater to cryptocurrencies. … Read more
Connections between the gaming industry and cryptocurrencies have become a lot more apparent over the years. It seems there is a bright future ahead for both industries, although the bonds between gaming and cryptocurrency are still relatively loose. StreamLabs is changing that by incorporating cryptocurrency donations into its product. Cryptocurrency Donations on Twitch One has … Read more
The South Korean police are reportedly preparing to charge Coinone’s executives, including its CEO, and 20 of the exchange’s members. This follows a 10-month investigation on allegations that the exchange provided gambling services through its crypto margin trading program. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinone’s Investigation Concludes South Korea’s Cybercrime Investigation … Read more