After an upsurge in selling pressure, Bitcoin has been trading sideways over the day, returning to the mid-range of its present values. The Midas touch director sets a Bitcoin target of $100,000 or higher. On the daily chart, the first cryptocurrency by market size is trading at $47,394 with a 5.4 percent profit. The Midas…
Facebook, the world’s most popular social media site with over 2 billion daily active users, is preparing to launch its own crypto wallet, which will allow users to store their cryptocurrencies. Facebook Crypto Wallet? According to David Marcus, the president of Facebook’s crypto section, the project’s backers are serious about launching the crypto wallet, which…
Right now, there’s renewed global interest in cryptocurrencies as investment vehicles. That has a lot to do with the lengthy bull run the market has seen of late. And the addition of multiple DeFi investing platforms over the past year has helped, too. But for all of the attention the market’s getting, it remains an…
Incore Bank, in partnership with Inacta and Crypto Finance Group, has selected Tezos as their preferred blockchain platform to develop regulatory-compliant digital financial products via a newly developed token standard titled DAR-1. Tezos to Enable Smart Contracts for European Banks Business-to-business transaction bank Incore Bank, in collaboration with Inacta and Crypto Finance Group, has picked…
A former central bank official, nominated to head South Korea’s financial watchdog, has expressed skepticism about recognizing cryptocurrency as a financial asset. In comments to a parliamentary committee, Koh Seung-beom has confirmed his views on the matter align with those of international institutions. Candidate to Head Korea’s Financial Regulator Says Crypto Is Not Currency Koh…
The authorities of Spain must prepare a registry of cryptocurrency exchanges and custody providers to comply with legal requirements to address transparency and terrorism financing issues. This registry is specified by the Prevention of Money Laundering and Financing of Terrorism Law, approved last year. The process, which started in April, gives these service providers until…
