Monthly Archives: April 2019

Regulators Tackle Businesses in Europe’s Crypto-Friendly Nations

There’s a group of countries on the Old Continent that have recognized the potential of the newly forming cryptoconomy. In the past couple of years, nations such as Malta, Switzerland and Estonia have been making efforts to attract businesses from the nascent industry, often rebuffed elsewhere. However, registering and running a crypto company, even in the most favorable climates, comes with certain challenges as businesses across the continent have been finding out. Also read: Online Bank Mistertango Offers Crypto Companies Multiple Accounts and Ibans Four Months Later, […]

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Former Coinbase Exec Appointed Head of Sales and Marketing at Fidelity

Digital assets trading and custody platform Fidelity Digital Assets has named Christine Sandler, former head of institutional sales at Coinbase, the head of Sales and Marketing. Digital assets trading and custody platform Fidelity Digital Assets has named a former Coinbase executive the head of Sales and Marketing, according to a press release published on April 10. Christine Sandler — who previously served as head of institutional sales at American major cryptocurrency exchange Coinbase — has joined Fidelity as its head of Sales and Marketing. In this role, […]

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France Passes Bill to Allow Insurance Providers to Invest in Crypto and Tokens

The National Assembly of France passed a new bill allowing local insurance markets to invest in crypto. French insurance markets can now invest in cryptocurrencies, following the passage of a new law, foreign exchange news agency FXStreet reports April 11. On April 11, the National Assembly of France adopted a bill that is designed to stimulate local business development, including redirecting savings from individuals to businesses, according to local news agency Les Echos. According to Reuters, the Assemblee Nationale voted 147 in favor and 50 against. Known […]

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Blockchain Use in Finance Still Faces Major Challenges: Chinese Researcher

A Chinese blockchain researcher said that privacy, operability, and enterprise integration are major obstacles to the use of blockchain in finance. The use of blockchain technology in the financial sector still face many challenges according to a major Chinese researcher, local news agency Sohu reports on April 12. Wei Kai, head of blockchain research at the China Academy of Information and Communications Technology (CAICT), described roadblocks to the technology’s further adoption at a 2019 meeting of the International Chamber of Commerce (ICC) Banking Commission. According to Wei, […]

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Silk Road 2 Founder Finally Sentenced 5 Years After His Arrest

Immediately after the Silk Road was taken down in 2013, a marketplace known as the Silk Road 2 launched. The new darknet market was run by a person who called himself the Dread Pirate Roberts 2 and he was arrested a few months later in November 2014. However, privacy advocate Thomas White, otherwise known as DPR2, was released on bail for the next five years and has only now been sentenced to 64 months in jail. Also read: Wikileaks Bitcoin Donations Soar Following Assange Arrest Silk Road […]

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Bitcoin Price Analysis: Selling Pressure Leaves Macro Level Untested

Summary: The bullish market structure that we have established over the last couple of weeks remains intact, despite the strong round of selling that the bitcoin market saw a couple of days ago. The weekly 50 exponential moving average (EMA) is currently in the process of being tested but the market has been unable to close a weekly candle above it. The intraday levels have shown support following the round of selling. If the current levels do not hold, we can expect to see a test of […]

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Binance Labs Grants $45,000 to Three Open-Source Projects

Binance Labs has invested $45,000 in three different open-source projects, including Ironbelly, HOPR, and Kitsune Wallet. Binance Labs, the investment arm of major cryptocurrency exchange Binance, has granted $45,000 to three different projects. The news was announced in a blog post on Friday, April 12. Per the post, Binance Labs has contributed $15,000 to each of its first three open-source Fellowship projects. The first project is Ironbelly, an open-source mobile wallet for the Grin blockchain that aims to enable customers to hold and transfer Grin cryptocurrency between […]

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Binance CEO Changpeng Zhao Considers Delisting BSV Because of Founder’s Behavior

Binace CEO, Changpeng Zhao, warned that he will delist Bitcoin Satoshi Vision if the creator of the altcoin, Craig Wright, does not change his behavior. Founder and CEO of major cryptocurrency exchange Binace Changpeng Zhao warned that he will delist Bitcoin Satoshi Vision (BSV) if the creator of the altcoin Craig Wright does not change his behavior in a tweet published on April 11. The community reacted to Zhao’s warning by asking various exchanges to delist BSV and creating a #DelistBSV hashtag. The tweet is presumably a […]

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Lightning Torch Reaches Final Destination, Over 0.4 BTC Donated to Humanitarian Aid

Charity-focused group Bitcoin Venezuela tweeted that the Lightning Torch had reached its final destination, with all accumulated Bitcoin donated to the organization. Charity-focused organization Bitcoin Venezuela tweeted on April 10 that the so-called Lightning Torch had reached its final destination, with all accumulated Bitcoin (BTC) donated to the group. By the time it got to the organization, the Lightning Torch had grown to exactly 0.4108021 BTC, which is currently equivalent to over $2,000. The Torch is an experiment first initiated by anonymous Twitter user Hodlnaut. The Lightning […]

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Bitcoin, Ethereum, Ripple, Litecoin, EOS, Bitcoin Cash, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 12

While fundamentals in the sector are improving, it still lacks the full-fledged involvement of institutional players. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The launch of the eagerly awaited platform Bakkt has been postponed a few times, but the firm has continued to focus on building its team. […]

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