Bears lurk as Bitcoin price is down and $284M in CME BTC options are set to expire on Friday. As of now, the $622 million total open interest for BTC futures expiry on Friday seems quite relevant. This Friday, a total of $100 million in CME Bitcoin (BTC) options are set to expire. 58% of these […]
A former employee’s actions did not cause ‘damage or loss, in any amount’ to the exchange. A federal judge has ruled that an employee who revealed the location of a major crypto exchange did not violate its trade secrets. According to court records filed Sept. 22, U.S. District Judge Maxine M. Chesney has dismissed a […]
Cointelegraph recently hosted a YouTube panel discussing brokers and banks involved in the crypto industry, based on a report from CV VC and PwC. This past summer, a Switzerland-based blockchain investment company called CV VC, and a Swiss audit and advisory firm known as PwC, in collaboration with Cointelegraph, put together an in-depth report on […]
But there is always a catch when it comes to Maduro’s government. Venezuela's National Superintendency of Crypto Assets and Related Activities, or SUNACRIP, has issued the first decree to officially regulate all crypto mining activities. In order to qualify, miners will need to meet specific requirements.An official announcement was first published in the Gaceta Oficial […]
Bitcoin and altcoins are at risk of a deeper correction if they do not rise above their immediate resistance levels soon. According to survey data from crypto asset insurance firm, Evertas, institutional investors believe that clearer regulations and better infrastructure in terms of trading, reporting, and custodial services will increase their participation in the crypto […]
Colombia takes another important step towards regulating the nation’s crypto sphere. The government of Colombia has approved on September 22 a pilot program that calls companies to test crypto transactions until December 31 within the regulatory sandbox just passed by the country’s financial watchdog.During a panel titled “Overview of the Regulation of Crypto Assets in […]
The move is intended to prevent “laundering” cattle from sanctioned farms. Major meat processing company JBS S.A., has repeatedly come under fire for allegedly contributing to the illegal deforestation of the Amazon rainforest. They are now using blockchain technology to create a unique solution to the problem.According to a Sept. 23 report from Reuters, JBS […]
The numbers seem to line up, but do the facts? A large portion of Bitcoin's (BTC) value lies within its limited 21 million coin supply, which means ownership of a small portion could lead to significant wealth — if mass global adoption occurs. "There is only 0.0027 BTC for the current 7 billion people," trader, Bitcoin […]
Their belief seems to be that Bitcoin is destined to appreciate unless these key indicators reverse themselves. According to the Bloomberg crypto newsletter, a key on-chain indicator suggests that Bitcoin (BTC) is currently greatly undervalued. Bitcoin active addresses, the 30-day average. Source: Glassnode.Bloomberg’s crypto analyst Mike McGlone believes that the recent all-time highs in Bitcoin’s hashrate […]
The desirability of applying U.S. law so broadly to transactions that occur predominantly outside the country. As mentioned in the first and second parts of this story, on March 24, 2020, in a widely reported and closely followed decision, Judge Peter Castel imposed a sweeping preliminary injunction preventing Telegram from issuing its planned crypto asset, […]
Over $1.38 billion is locked in four liquidity pools on Uniswap Investors have locked... The post The yield farming frenzy has put over USD 3.4billion into DeFi liquidity pools appeared first on Coin Journal.
As BTCUSD holds the $10,000 level, the second-largest cryptocurrency Ethereum looks to follow suit... The post Ethereum price analysis: Bulls aiming for $350 after 7% dip appeared first on Coin Journal.