#BTC News

Bitcoin Exclamation Warning Signs Singapore Skyline

Singapore Implements New Legislation to Govern Crypto Market Participants

January 28, 2020 by Ogwu Osaemezu Emmanuel at Regulation

Singapore’s financial watchdog, the Monetary Authority of Singapore (MAS), has announced that its Payment Services Act (PSA) is now live. The PSA aims to strengthen the existing regulatory framework governing cryptocurrency exchanges and other financial services platforms, while also fostering consumer protection and promote users’ confidence in digital payments, according...

A Breakdown of the Shifting Regulation Situation with Changelly’s Eric Benz

January 28, 2020 by Aisshwarya Tiwari at Regulation

A story from last week that has been making some waves in the crypto world is the report that UK tax authority HM Revenue and Customs (HMRC) is considering spending £100,000 on a blockchain analytics tool. The purpose of the expenditure would be to assist HMRC in the tying of...

Winklevoss Brothers Continue Being Positive for Mainstream Crypto Adoption

Deutsche Bank: Crypto Adoption Rate Similar to Early Years of the Internet

January 28, 2020 by Aisshwarya Tiwari at Bitcoin

Recently, Deutsche Bank published a research paper titled “Digital Currencies: the Ultimate Hard Power Tool” which posits that blockchain technology’s adoption rate mirrors that of the Internet in its early years. This, according to a report by Decrypt, January 27, 2020. Crypto On Its Way to Mainstream Adoption? A plethora...

Bitcoin, Ether, and XRP Weekly Market Update January 27, 2020

January 27, 2020 by Georgi Hristov at Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, Price Analysis, Price pages, Ripple, Stablecoins, Top Coins For The Week

The total crypto market cap added $1.1 billion to its value for the last seven days and now stands at $238.7 billion. The top 10 currencies showed mixed results for the same time frame with Bitcoin Cash (BCH) and Cardano (ADA) gaining 4.7 percent while XRP lost 3.3. By the...

IOTA (MIOTA) Tangle Technology Uses Far Less Energy Than Bitcoin (BTC)

January 27, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Digiconomist, a platform that claims to be dedicated to exposing the unintended consequences of digital trends from an economic angle, has evaluated the energy consumption of IOTA (MIOTA) and Bitcoin (BTC) and discovered that the latter uses over 10x more energy to carry a 1 BTC transaction as compared to...

Winklevoss-Backed BlockFi to Launch Bitcoin (BTC) Rewards Credit Card in 2020

BlockFi Readjusts Interest Yield on Bitcoin (BTC), Ether (ETH) Deposits

January 24, 2020 by Aisshwarya Tiwari at Bitcoin

On January 23, 2020, Winklevoss twins-backed digital currency platform BlockFi announced that it had revised its rate of interest paid on the yield it generates from lending Bitcoin (BTC) and Ether (ETH). The new rates will be effective from February 1, 2020. Reacting to Market Economics BlockFi, one of the...

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Julius Bär to Expand Cryptoasset Offerings to Its Swiss-Based Customers

January 23, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Julius Bär, the third-largest private bank in Switzerland is expanding its digital assets product offerings to its Swiss-based customers in a bid to meet their increasing demand. Also, the financial institution is collaborating with Swiss-based FINMA-licensed cryptocurrency bank, Seba Crypto AG (SEBA) to offer clients crypto custodial and trading services,...

Goldbug Peter Schiff Says Bitcoin Owners Will Lose Massively in the End

January 23, 2020 by Anthonia Isichei at News

Euro Pacific Capital CEO, American stockbroker and unwavering bitcoin critic, Peter Schiff, has come out again to bash the number one cryptocurrency, bitcoin. After admitting to making a mistake regarding his bitcoin wallet, the goldbug still believes that the pioneer digital coin has no store of value and current BTC...

Amun’s Inverse Bitcoin ETP to Enable Traders Profit from Bitcoin Price Crash

January 23, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Amun AG, a Swiss-based financial technology firm that creates financial on-ramps for the acquisition, trading and storage of cryptoassets, has announced the launch of its 21Shares Short Bitcoin exchange-traded product (ETP). The new ETP is listed on Switzerland’s SIX Stock Exchange and it allows bitcoin (BTC) traders to make a...

Bakkt Tie-Up with Starbucks is Materialising into a Potential Showstopper

Bakkt Releases More Details About Its Bitcoin Payments App

January 23, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Adam White, the president of Bakkt, the physically-settled Bitcoin Futures Contracts platform from the stables of Intercontinental Exchange (ICE), has revealed more details concerning the firm’s upcoming cryptocurrency trading app. White has made it clear that Bakkt’s consumer app which will go live later this year, is more than just...

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