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Cryptocurrency Should be ‘Outlawed’: Allianz CEO Andreas Utermann

7 hours 10 minutes ago

Despite this year’s prolonged cryptocurrency market decline, many mainstream financial institutions and wealth managers have continued to explore how to make this nascent asset class more accessible to their clients. Firms such as Goldman Sachs and Fidelity are building crypto custody products, while exchange giants Intercontinental Exchange (ICE) and Nasdaq are focusing on futures trading.

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Josiah Wilmoth

FATF: UK Crypto Exchanges Pose ‘Low’ Money Laundering, Terrorist Financing Risk

8 hours 2 minutes ago

The Financial Action Task Force (FATF) revealed that crypto exchanges operating in the United Kingdom pose low money laundering (ML) and terrorist financing (TF) risks. The global standard setter for ML/TF published a report to evaluate the overall efforts that the UK has put in combating the money-related illegal activities. As the study touched on

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Yashu Gola

Denmark’s Tax Agency Targets 2,700 Nationals for Hiding Bitcoin Trades

9 hours 24 minutes ago

Skattestyrelsen (SKAT), the Danish tax agency, has accelerated crackdown against a large number of nationals who secretly traded bitcoin on a Finnish crypto exchange. According to information shared by the Swedish Tax Agency, a total of 2,700 Danes purchased circa $5.80 million worth of bitcoins from the exchange but sold them back for $6.1 million in

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Yashu Gola

The Next Quantum Leap in Financial Trading - BTC Media Sponsor

9 hours 29 minutes ago
n nn nn nnnnnnnnnA common narrative in todays financial world is that cryptonholders are often unable to execute trades without paying large amounts ofncommissions and fees. Traditional markets are loaded with retail brokeragesnthat bet against their clients with artificially adjusted prices, spreads andnunrealistic fees.nnEnter Quantfury, an emerging enterprise thatsnon an ambitious quest to reshape this landscape for everyday cryptocurrencynholders and others wh

Crypto Holiday Guide Gifts for Every Bitcoiner on Your Shopping List

9 hours 29 minutes ago
n nn nn The holiday season is here. And even if crypto prices are on the coal heap, you can still have fun spreading some holiday bitcoin cheer.For the bitcoiners in your life, this could mean a crypto-related gift as a token of solidarity. After all, what better way to commiserate with fellow HODLers than decking their holiday halls with bitcoin-themed gifts What better way to say were in it for the long haul than with a hardware wallet Or Ive got your back lite

Coinbase Might Be Behind Those 856,000 BTC Worth of Transactions

9 hours 29 minutes ago
n nn nn Last week, it was reported that a Bitcoin whale had moved thousands of bitcoin into different wallet addresses. Between December 1 to December 6, 2018, the whale split 856,000 bitcoin between 107 wallets, sending an equal 8,000 BTC into each wallet.Speculators have formulated different hypotheses since the monstrous sum was moved. Was it a market whale moving funds to Over-the-Counter OTC markets Could the sender be the Foundation for Economic Education Fe

Bitcoin Price Analysis Bear Pennant Breakout Puts $1,700 Price in Sight

9 hours 29 minutes ago
n nn nn Another week, another low. Bitcoins market has been bleeding relentlessly for weeks and now, after falling 50 in value in just one month, the market has managed to break south of a major bearish consolidation pattern called a bear pennantFigure 1 BTC-USD, 4-Hour Candles, Bear Pennant BreakoutThis is a massive bear pennant with a staggering $2,000 measured move. In layman's terms The price target for this breakout would be approximately $1,700, after a

UAE and Saudi Arabian Central Banks to Jointly Launch a Cross-Border Cryptocurrency

10 hours 52 minutes ago

It’s confirmed. The United Arab Emirates (UAE) and Saudi Arabia will work on cross-border digital currency. The exact date when it would be issued is still unknown but we know one thing, the digital currency is not targeted at consumers. It’s strictly for banks. Arabian news outlet Gulf News reports that the central bank of

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Jimmy Aki