Regulator-compliant crypto exchanges are required to share your information with other financial institutions. | Source: Horth Rasur/Shutterstock Transferring more than $1,000 in bitcoin or any other crypto from one exchange to another could land your private details on the desk of the Financial Action Task Force (FATF). That is possible ever since the intergovernmental agency […]
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As a safe-haven asset and investment instrument, gold will hit fresh highs soon, predicts Citi. | Source: Shutterstock Gold prices may rally to its historic high in the next year or two, according to CitiGroup. The American multinational banking firm forecasted gold at $2,000 an ounce by the close of 2021’s third quarter, citing a […]
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BitPay’s untimely ban comes during the unprecedented protests sweeping across Hong Kong. | Source REUTERS/Tyrone Siu Bitcoin payment processing platform BitPay has blocked payments to the Hong Kong Free Press (Hong Kong FP), according to the chief editor of the nonprofit press agency. Tom Grundy accused BitPay of sitting atop their funds for almost three […]
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UK billionaire Alan Howard’s Elwood is reportedly making major investments in crypto hedge funds. | Source: Shutterstock A new crypto venture is on the horizon, boasting a $1 billion treasury and a mentor that Forbes in 2013 listed as “one of the 40 highest-earning hedge fund managers.” The unnamed platform is a part of Elwood […]
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Bitcoin SV is up over 5 percent on Friday’s trading, leading a stuttering crypto market recovery. | Source: Shutterstock Bitcoin SV (BSV) is delivering better returns than rival assets this Friday even after its founder Craig Wright’s embarrassing loss in a recent courtroom battle. As of 11:00 GMT, the BSV-to-dollar exchange rate was trading more […]
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Ripple’s chief Brag Garlinghouse insists ‘it’s clear XRP is a security’. | Source: Flickr/OFFICIAL LEWEB PHOTOS Investments in XRP has dwindled dramatically in 2019, indicating that not many are using the crypto-asset for its intended application: that of behaving as a bridge between fiat currencies for cross-border payments. The result is an underperforming token, now […]
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By CCN Markets: Ripple (XRP) has attempted a pullback after dropping more than 12-percent over the past weekend. The XRP-to-dollar exchange rate established a cycle low of $0.371 on Sunday at 1600 UTC. The downside action pushed XRP’s market capitalization to as low as $16.04 billion, down 11.47-percent from its Saturday peak level. At its […]
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By CCN Markets: The bitcoin price could break above its all-time high by year-end 2019, according to Oliver Isaacs. The millionaire cryptocurrency analyst and trader told The Independent that more investors are viewing bitcoin as a safe-haven asset in the wake of growing macroeconomic tensions. Isaacs referred to the ongoing trade conflicts between the U.S. […]
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By CCN Markets: Weiss Crypto Ratings on Friday announced that it is downgrading the technology score of EOS, a blockchain protocol developed and distributed by Block.one. EOS Downgraded by Weiss Rating Over Centralization Issues | Source: Weiss Crypto Ratings The US-based economic research agency said EOS has “serious problems with centralization,” three months after it […]
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By CCN: The litecoin price has appreciated more than 18-percent this week, and fundamentals suggest that it could go even higher. Litecoin is having the best week among the top cryptocurrencies. Source: Tradingview The LTC-to-dollar rate today established an intraday high of $114.89 on Coinbase exchange. That took its 24-hour adjusted gains to 8.60-percent, the […]
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