2020-12-9 00:30 |
Institutions still fear Bitcoin’s criminal persona, its volatility, and other factors.
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The revelation that the world's foremost financial institutions have been willfully laundering criminal money reminds us that Bitcoin has an unearned reputation. The post FinCEN Files Remind Us That Bitcoin Is Still Not For Money Laundering appeared first on Bitcoin Magazine.
2020-9-24 00:00 | |
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There has been much debate on topics related to cryptocurrency and blockchain technology. Companies have advanced themselves recently with the vision to develop modern financial institutions. The traditional institutions appear comfortable from the outset, and the modern ones still seem distant for a layman.
2020-8-16 14:34 | |
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Bitcoin is having a fantastic week, breaching the psychologically important $10,000 level, hitting a new 2020 high, and now trading above $11,000. This uptrend has the market turning extremely greedy but is backed by strong volume.
2020-7-29 18:13 | |
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Bitcoin is trading at $10,250 as of this article’s writing, reaching the highest price traded since June’s highs. This recent breakout has been met with much excitement from the cryptocurrency industry.
2020-7-27 15:00 | |
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Institutions have embraced Bitcoin but BTC whales still impact the crypto market by using hidden orders and wash trading.
2020-6-22 04:17 | |
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Institutions have long been looked upon as the group that could help boost the crypto markets up to fresh all-time highs It does, however, appear that many big-name institutions already have long exposure to Bitcoin and other digital assets This exposure may still remain fairly limited, giving the market significantly further room for growth in the months and years ahead Ever since Bitcoin and the aggregated crypto market began their multi-year downtrend in 2017, investors […]
2020-6-11 02:00 | |
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Let's face it; March was not the best of months, and Q1 2020 was not the best of quarters. Last month, Bitcoin dropped from over $9,000 to under $4,000, undoing months of gains and pulling the cryptocThe post Bitcoin Futures suggest institutions are still lurking in the shadows appeared first on AMBCrypto.
2020-4-2 17:00 | |
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Blockchain-based Service Network (BSN), the distributed ledger technology (DLT) platform being developed by the Chinese government in conjunction with tech firms and financial institutions will finally be launched by next month.
2020-3-24 00:00 | |
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Bitcoin may be suffering from post-Valentine's Day blues in the retail market, but with institutions love is still in the air. Last week, the premier cryptocurrency broke into its 2020 high, recordThe post Bitcoin dropping off $10,000 perch isn't threatening institutions appeared first on AMBCrypto.
2020-2-17 18:00 | |
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At long last, Bitcoin (BTC) has started to show signs of life. Over the past 48 hours, the cryptocurrency has pressed higher, moving past the tight range in the $7,100s it was stuck in for days. Related Reading: CME Futures Data: Institutions Still Wary Despite Bitcoin’s Bullish Signs By Monday morning, the cryptocurrency was trading as.
2019-12-24 23:33 | |
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Once again, analysts have begun to flip bullish on Bitcoin (BTC), citing fundamental and technical factors to back their cheery sentiment. Though, not everyone is convinced that the cryptocurrency market is poised to see upside.
2019-12-23 04:45 | |
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Ghana’s financial institutions and regulators remain apathetic to crypto despite plans to test a pilot central bank digital currency in 2020
2019-12-7 13:55 | |
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Cryptocurrency is still a risky product for many banks and countries around the world, but the use of central bank-issued digital currency allows a safer exploration for traditional financial institutions.
2019-12-5 23:12 | |
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Traditional financial institutions are still leery about decentralized cryptocurrencies. They are only starting to explore the potential of digital assets. But a new breed of banks specializing in crypto have been working hard to take advantage of this trend and are gaining regulatory recognition around the world.
2019-11-11 15:00 | |
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CoinShares CSO: institutions “live-action role-playing” in Bitcoin
2019-10-22 10:24 | |
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Ripple is currently signing more than 30 deals a week with financial institutions, according to Ripple CEO Brad Garlinghouse, who reported the Information. However, the XRP community believes it just might be a typo and the actual numbers would be 3, which given the fact that RippleNet still has just above 200 customers, makes sense. […]
2019-10-18 19:05 | |
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Bitcoin and crypto markets may be down from their highs this year and still looking bearish, but longer term crypto investment products are still going strong as Grayscale can testify. The cryptocurrency investment firm has just posted its Q3 report and all is looking rosy.
2019-10-16 12:06 | |
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Bitcoin (BTC) has maintained a hold above $8,000 for the past few days and it appears to be consolidating here. The Bakkt futures launch a couple of weeks ago was hugely underwhelming and industry experts suggest that bitcoin and crypto is still too small for institutional interest.
2019-10-5 13:07 | |
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Since the end of June, Bitcoin (BTC) price hasn’t been doing too hot. After peaking out at $14,000, the cryptocurrency has tanked dramatically, first to $10,000, then $9,000, and then $7,700 most recently over a three-month period.
2019-9-29 15:00 | |
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Bitcoin’s price has recovered above $10,000 yet again, allaying any fears of a massive sell-off. Cryptocurrencies in general are seeing plenty of green, with Ethereum, BAT and Maker leading the pack through 5-6% gains, while the rest are seeing moderate growth of at 2-3%.
2019-9-21 18:34 | |
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Cryptocurrencies undoubtedly bring new business opportunities. The expanding industry around digital assets and its customers need more and more services that traditional sectors can provide. Banking is often a bottleneck in the crypto space as most traditional institutions are still reluctant to get their feet wet.
2019-9-14 23:00 | |
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The Bitcoin price has been on an absolute tear of the past year. Despite the cryptocurrency currently trading some 20% lower than its $14,000 year-to-date high, BTC is still up some 200-odd% since January 1st.
2019-9-4 15:00 | |
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Bitcoin Still Somewhat Retail-Driven Over the past few months, there has been a whole lot of talk about Bitcoin becoming the next trend for institutions. Like mom & pop investors fueled 2017’s monumental run, investors.
2019-7-15 10:00 | |
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Contrary to popular belief, retail investors are still playing a major role in directing Bitcoin’s price action, says Binance CEO in a recent interview with Bloomberg. Who’s Really in Charge? As Bitcoin briefly touched $20,000 in early 2018, market analysts forecasted that the impending arrival of Bitcoin futures products, a Bitcoin exchange-traded fund (ETF), and the infusion of institutional funding would drive Bitcoin towards $30,000 and possibly $50,000.
2019-7-14 00:16 | |
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Ripple has been working towards developing its technology and promoting its native crypto, XRP, for years now, managing to get many powerful financial institutions to use its tech. However, the general public still deals with problems related to payments and money transfers.
2019-7-6 17:00 | |
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Institutions Now Foraying into Bitcoin, Report Suggests Bitcoin (BTC) may have lost its bullish momentum over the past few days, but institutions are purportedly still well on their way back to the crypto space.
2019-7-2 00:30 | |
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Ripple has been putting in lots of work to win over as many customers as possible across the financial sector. Many of these new customers joining RippleNet have been banks and other financial institutions like Western Union and MoneyGram.
2019-6-22 16:24 | |
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While financial institutions still maintain the preconceived notion of cryptocurrency as a threat to their existence, the mass adoption of cryptocurrency and blockchain technology can no longer be ignored.
2019-6-18 02:30 | |
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Currently, BTC/USD is trading at $8,825, having surged more than 180 percent from the yearly low of $3,150 during the brutal winter of 2018. However, we are still down 57 percent from its all-time high of $20,000.
2019-6-16 00:40 | |
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Traditional payment methods are largely still being used by most of the world’s financial institutions for their core businesses. Even though cryptocurrency offers speeds unmatched by traditional methods especially with cross-border payments, not everyone is very excited about the complete switch to cryptocurrency or blockchain solutions for their business. This is one of the reasons […]
2019-6-14 16:46 | |
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Traditional Institutions and Firms Considering Adopting Blockchain and Crypto-based Solutions A few traditional institutions are known to be actively considering cryptocurrency and blockchain solutions as additions to their business, in recent times.
2019-6-13 22:40 | |
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Interest from institutions and non-crypto pubic growing The short term and parabolic rise still intact, however, each bull cycle keeps on rising [/beg-green-box-list] The Bitcoin rich list led by Satoshi Nakamoto includes Bulgaria and the US government as well.
2019-6-1 21:07 | |
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Ripple’s XRP is still recording prices below $1 despite being the third largest altcoin in the crypto market. We can see a whole variety of Altcoins surprising investors thanks to the amazing runs they are making, while XRP’s price just seems to keep its stability, not even reaching the $0.
2019-6-1 20:40 | |
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Due to the independence of the virtual asset class, the cryptocurrency industry has often faced criticism in the past, failing to achieve general validation from economic institutions. The scenario has changed over time however, as Bitcoin [BTC] and other crypto assets have started to be accepted across the United States and the world, despite governments […] The post Bitcoin’s [BTC] relationship with the US government is still very ‘unclear,’ claims Ikigai’s Travis Kling appeared first on AMBCrypto.
2019-5-29 17:30 | |
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By CCN: Just as the world’s financial institutions begin to take an interest in Bitcoin, they prove themselves to be the very reason for its creation. After several conservative activists were effectively ‘unpersoned’ by JP Morgan Chase earlier this year, CEO Jamie Dimon still won’t deny there could be more to come.
2019-5-29 13:20 | |
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It isn’t a secret that Bitcoin (BTC) has absolutely surged over the past six weeks. In that time period, the crypto asset rallied from a key resistance at $4,200 to $8,100, where it resides now.
2019-5-15 13:00 | |
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This article was originally published by 8btc and written by Lylian Teng. The bitcoin price has broken $8,000 for the first time since July 2018, with most cryptocurrencies trading in the green.
2019-5-15 19:01 | |
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Crypto Hedge Funds Experienced A Median Of 46% Loss In 2018 Cryptocurrency hedge funds have experienced a median loss of 46% on average in 2018 according to a recent report released by The Block. However, the price of the most popular digital asset fell over 72% during the same period of time. Hedge Funds Register […]
2019-5-13 23:01 | |
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Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.
2019-5-13 16:37 | |
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Modern slavery is unfortunately still part of our global reality, with more than 40 million people believed to be victims of human trafficking around the world. It’s up to governments, organizations, and society as a whole to battle this evil – and as we heard at TNW2019 Conference, data science can help.
2019-5-10 14:27 | |
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Ever since cryptocurrencies broke into the mainstream market, many traditional banking institutions have tried every trick in the dirty book to discredit the new digital currencies and portray them as inefficient in a normal global market.
2019-5-2 09:52 | |
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By CCN. com: While 2018 was a tough year for cryptocurrency enthusiasts with the persistent bearish market conditions, it was a bumper period for scammers in Australia. According to the Australian Competition and Consumer Commission (ACCC), the use of cryptocurrencies in scams surged by 190 percent year-on-year.
2019-4-29 12:17 | |
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Among the most popular cryptocurrencies in the market, Bitcoin has always been the most valuable. Numerous institutions are now accepting Bitcoin as a means of payment – from coffee shops to institutions of higher education.
2019-4-25 11:21 | |
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By CCN: The ruthless bitcoin bear market of 2018 has claimed numerous victims, including many crypto startups and executives. The latest is former EY blockchain leader Angus Champion de Crespigny, who’s leaving the industry.
2019-4-22 02:30 | |
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Venture Capitals, technology firms and financial institutions are actively investing in blockchain technology startups building infrastructure for the cryptocurrency industry, though they are still wary of bitcoin and altcoins due to their volatile nature, according to a Reuters report on April 18, 2019.
2019-4-20 01:00 | |
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Despite increasing regulation in the cryptocurrency sector, Australia’s major banks maintain cautious policies when it comes to cryptocurrencies. While cryptocurrency businesses appear to challenge Australian banks’ appetite for risk, many institutions permit cryptocurrencies to be purchased using credit cards.
2019-4-14 11:05 | |
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Bitcoin’s strong bullish rally this week garnered the attention of financial institutions and governments alike, with many personalities tweeting about the same. Though adoption and acceptance of crypto-assets has increased manifold over the past year, regulatory clarity is still a distant reality.
2019-4-6 03:30 | |
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This article was originally published by 8btc and written by Lylian Tang. The Chinese security service provider 360 Security has issued a warning that a large number of crypto exchanges have been targeted by the North Korean hacker group Lazarus and that the number is still rising after the recent hacks of crypto exchanges DragonEx, Etbox and BiKi.
2019-4-2 21:54 | |
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The Australia and New Zealand Banking Group Limited (ANZ) has thrown some serious shade at distributed ledger technology — commonly referred to as ‘the blockchain. ’ According to the third-largest bank by market capitalization in Australia, legacy financial institutions aren’t exactly under immediate threat from the trustless transactions introduced by Bitcoin (BTC) and its creator, Satoshi Nakamoto.
2019-3-25 04:00 | |
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Pink Drainer lost 10 ETH ($30,000) to an address poisoning scam, exploiting address similarities. Attackers mimicked Pink Drainer’s wallet address to deceive them into sending funds. The attack comes days after Pink Drainer announced ceasing operations.
Layerswap’s domain, layerswap. io, was hijacked, leading to a phishing scam and $100,000 loss. Despite delays, Layerswap regained control, pledged full refunds, and offered a 10% bonus. Crypto scams remain prevalent, with $46.
So far, concerns have escalated over the use of cryptocurrency by sanctioned groups and terrorist organizations, as revealed in the latest “2024 Crypto Crime Report” by leading blockchain analytics firm Chainalysis.
KyberSwap is yet to get back the $7 million that was stolen on November 22. The decentralized exchange has offered a 10% bounty to the hacker in a bid to get the funds back. Security firm Beosin unveils the intricacies of the exploit, attributing the attack to a vulnerability in Kyber’s liquidity pools.
CREDIX token value has plunged by 100%. The price drop is attributed to a Rug Pull as reported PeckShieldAlert. The rug pull involved a wallet address that executed a swap transaction. In a recent turn of events, the cryptocurrency CredixFinance (CREDIX) has experienced a staggering 100% decline, leaving investors and the crypto community in disbelief.
Lee Jeong-hoon, former Bithumb Chairman, faces an eight-year prison term. Prosecutors assert Lee misled Kim about joint Bithumb management, BXA Coin listing, and restructuring to evade financial regulations.
This obligation won’t be backed by a fine if the company fails to comply, and businesses will still be permitted to pay ransoms, though this is discouraged.