Crypto Facilities, a subsidiary of Kraken cryptocurrency exchange, has obtained a Multilateral Trading Facility (MTF) license from the UK’s Financial Conduct Authority (FCA).An MTF is a European regulatory term for a self-regulated financial trading venue. MTFs are an...
The larger time frame (weekly chart) is bullish for Bitcoin (BTC-USD). After a multi-week consolidation, an apex point is going to be reached soon. At that point, a directional outcome (new trend) is very likely. The odds are in favor for a directional breakout to the...
The aftermath of the coronavirus-provoked business shutdowns in the United States caused a number of market observers to focus on the U.S. real estate and rental markets. As the federal moratorium on evictions reaches its expiry, a recent Aspen Institute report...
The price of bitcoin could see an ‘imminent’ breakout, according to the latest Glassnode data.The data firm says bitcoin (BTC) has been flashing bullish for the past six weeks amid positive onchain activity.Meanwhile, the BTC network hashrate has continued to grow,...
The most popular stablecoin tether (USDT) has officially been minted on the Bitcoin Cash blockchain via the Simple Ledger Protocol (SLP). At press time there’s only 1,010 SLP-based USDT in circulation, as the firm Tether Limited seems to be issuing small amounts and...
A series of bank runs has prompted the Chinese government to begin requiring approval for large cash deposits and withdrawals at commercial banks, starting with banks in a northern province. Recently, two bank runs happened within a week as people lost faith in...
The Trump administration is looking at banning Tiktok and other Chinese social media apps, according to Secretary of State Mike Pompeo. The US has been concerned about Tiktok being used by the Chinese government to mine American users’ data. India has already banned...
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A South African high court has declared an alleged bitcoin scam mastermind, Willie Breedt, bankrupt. The court decision follows an application by one disgruntled investor, Simon Dix, a News24 report states.Willie Breedt is the CEO of the defunct Vaultage Solutions...
Crypto derivatives trading volumes plunged 36% to $393 billion in June, the lowest they have reached in 2020, according to a new report by Cryptocompare.The decline may be the result of a lull in investor interest in the instruments during the month in review.In May,...
