Bitcoin could soon ‘BLOW higher’ on bullish candle hammer: Glassnode execs
Traders will be closely watching how Bitcoin’s weekly chart closes on May 12 to look for signs of the end of the downtrend.
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Bitcoin liquidates over $1 billion as BTC price hits 6-week highs
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Global Banks Reportedly Limit Service in Hong Kong for Political Reasons
Major international banks like Credit Suisse and HSBC are reportedly scrutinizing their Hong Kong clients amid the ongoing protests over China-backed national security law.According to a July 19 report by Reuters, global banks including Credit Suisse, HSBC, Julius Baer, and UBS are now screening their clients in Hong Kong on potential ties to the city’s…
H&M Targets Ethical Consumers with Blockchain Traceability
Supply chain tracking blockchain platform VeChain appears to have launched a new partnership with fashion brand H&M. 1860 Total views 98 Total shares Cos, the luxury subsidiary of the fast-fashion brand H&M, appears to have partnered with blockchain platform, VeChain, to provide detailed supply chain tracing data to customers.While H&M is yet to confirm the…
Here’s why bulls aren’t bothered by Friday’s $525M Bitcoin options expiry
Even as $525 million in Bitcoin options expire on Friday, bulls are expected to strongly defend the $15.5K level. 341 Total views 9 Total shares On Nov. 13, a total of $525 million in Bitcoin (BTC) options open interest is set to expire. This is similar to last week when $470 million in options open…
Circle CEO Hopes Libra’s Unique Needs Trigger Positive Regulation
Jeremy Allaire, co-founder and CEO of payments company Circle, said that Facebook's Libra will run in a closed-loop permission scheme that has its own requirements for regulation during an interview with Bloomberg released on July 5.During the interview, Allaire pointed out that there are different stablecoin implementations distinct in their regulatory approach. He explained:“There’s a…
Aussie Crypto Unicorn Raises $160M With ‘Big Four’ Bank Backing
Australian fintech unicorn and RippleNet member, Airwallex, raised $160 million in a fundraising round led by the investment arms of Australian ‘big four’ bank, ANZ, and San Francisco-based cloud software company, Salesforce.Existing investors Tencent, Sequoia Capital China, DST Global, and Horizons Ventures also participated in the round — bringing the total raised to-date by the…
The Law Is Coming for Bitcoin, Warns Satoshi Claimant Craig Wright
The man who claims to be Satoshi Nakamoto says 2020 is the year the law comes for Bitcoin. Writing on his personal blog, Craig Wright offered a view of Bitcoin’s future which doesn’t bode well for operators of Bitcoin’s Lightning Network, or the coin’s miners.One of Bitcoin’s biggest attractions is its supposedly permissionless, authority-resistant nature.…
Survey of Customer Comfort With Amazon-Branded Products Includes Crypto
Shoppers of e-commerce giant Amazon would like to be able to purchase a wider variety of products, including cryptocurrency, according to a recent report published by a financial portal Investing.com.In the course of the survey, Investing.com reportedly surveyed over 1,000 Amazon shoppers in order to discover ordering frequency and the trust level customers have in…