APAC Takes The First Step in Regulating Cryptocurrency Markets
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With Bitcoin hitting the mythical US$20,000 mark for one Bitcoin, the crypto market has been flooded with trading activities for the past few weeks. In less than three months, Bitcoin has climbed up its initial price of US$10,000 per Bitcoin and managed to attract scrutiny not just from the...

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By: Wayne Jones

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#AML #Bitcoin #CFT #CryptoRegulations #ICO #KYC #SFC

Bitcoin Positivity: Economic Model Predicts a $200K+ BTC Price by 2022
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Bitcoin has been on a bumpy ride throughout the past few days. Bulls sent the cryptocurrency to a record high of around $19,800 yesterday before losing ground to bears.



Since then, the cryptocurrency price fell sharply, hitting a low of $ 18,200. The buying pressure here was quite intense and...

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By: Wayne Jones

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#Altcoin #BtcBulls #BTCPrice #EthPrice #MikeNovogratz

MetaMask Phishers Are Getting Away with User Funds: CipherTrace Warns
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A surge in reports over the past 24 hours of user funds getting stolen by a malicious Chrome browser extension posing as popular crypto wallet MetaMask, has prompted Cyber Security firm CipherTrace to issue a warning.  



Titled, "ALERT: Malicious Crypto Browser Extension — Masked M...

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By: Wayne Jones

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#CipherTrace #CryptoWallet #CyberSecurity #Cybercrime #EthereumCrypto #Phishing

Bitcoin Shows Strength as it Surges After Bulls Defend Key Level
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Bitcoin finally managed to surpass its previous price record just a few days ago after it established an all-time high of $19,825 on Monday. 



Bitcoin's rally has now driven its price up by more than 400% from its mid-March lows of $3,858. Since 2017, this marks the second time bitcoin...

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By: Wayne Jones

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#BTCATH #BtcBulls #BTCPrice #BtcPriceAnalysis #BtcRally #CryptoVolatility

Pakistan May Open up to Crypto Soon after Waqar Zaka’s Petition Filing
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On Dec 2nd, The Khyber Pakhtunkhwa (KP) Assembly in Pakistan passed a resolution. It is calling the Pakistan Federal Government to address the legal matters of Cryptocurrency in the country. Waqar Zaka, a crypto evangelist, has been making headlines for the right reasons as he leads the petition....

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By: Wayne Jones

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#CFTC #FIACyberCrime #KhyberPakhtunkhwaAssembly #PakistanFederalGovernment #StateBankOfPakistan #WaqarZaka

JD.com Sets off as The First to Embrace Digital Yuan
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On 5th Dec, E-commerce giant JD.com became the first China’s online platform to accept digital Yuan currency.



JD Digits, the company’s fintech arm, will begin accepting digital yuan as payment for particular products on its online mall, as an experimental giveaway of the currency to citizens of...

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By: Wayne Jones

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#BIS #CBDC #Diem #Ecommerce #Fintech #JDCom #WeChat

India Approach to Cryptocurrencies Amid Worldwide Crypto Boom
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The Reserve Bank of India (RBI) banned all banking transactions by crypto traders two years ago, calling it ring-fencing. It was not an immediate ban, but mere restrictions on those doing it. In March this year, the Supreme Court (SC) intervened and threw out the ban.



Perhaps, the withdrawal...

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By: Wayne Jones

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#CryptoBoom #MasterCard #PayPal #RBI #VRGamingCafe #WazirX

Bitcoin Trades Above Crucial Resistance As Bulls Aim to Reclaim $20k
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Bitcoin price is rising steadily above the crucial $18,800 and $19,000 resistance levels. The flagship cryptocurrency is currently trading above the $19,000 resistance at its current price of...

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By: Wayne Jones

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Binance Profits to Range Between $800 Million to $1 Billion this Year
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By far the largest cryptocurrency by market cap, bitcoin's price has risen over 170% since the year started. Earlier this week, it made news to set a new all-time high before giving back some gains. Similarly, exchange volumes have exploded. Launched in 2017 by Changpeng Zhao(CZ), Binance is one...

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By: Wayne Jones

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#AML #CoinMarketCap #CryptoExchange #CryptoRegulations #FATF

One Percent Staked on Ethereum 2.0 Beacon Chain, 6% in DeFi
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According to co-founder Vitalik Buterin, more than 1% of Ethereum circulating supply is now locked up on the project’s new beacon chain. He added that the ETH is doing better than his expectations.



ETH 2.0 deposit contract was deployed last month, and the progress was quite sluggish. They f...

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By: Wayne Jones

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#BeaconChain #DeFiProtocols #ETH #ETH10 #ETH20 #MarketCapitalization #VitalikButerin

Grayscale Ethereum Trust, Credible Digital Currency Investment, Acquires 100,000 ETH
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The global leader in digital currency asset management, Grayscale, has announced that they bought 100,000 ETH. After the sales reported on the presently filed Current Report on Form 8-K by Grayscale Ethereum Trust (ETHE), the Trust issued 1,140,900 Shares at different prices.



These shares were...

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By: Wayne Jones

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#DigitalAssetHoldings #ETHE #GenesisGlobalTrading #GrayscaleEthereumTrust

A Chaotic Correction in Sight as Bitcoin Price Drops by 5%. What Next?
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For the past few days, the bitcoin price ranged below $19,500 and $19,600. The BTCUSD pair made a couple of attempts to gain strength above $19,400, but it could not get back to its high.



Currently, Bitcoin is trading under $18,328, after continuous failed attempts to sustain above its former...

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By: Wayne Jones

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#BtcBears #BtcBulls #BTCPrice #EthBears #EthPrice

Latin American Crime Cartels Employ Crypto to Launder Money
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Ignacio Santoyo, a suspected human trafficker, was arrested by Mexican police in April 2019, in Playa del Carmen after linking him to a prostitution racket extending across Latin America.



Santoyo was not arrested due to the alleged blackmail and sexual exploitation of 2000 women, but the...

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By: Wayne Jones

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#Blackmail #LatinAmerica #MoneyLaundering #TCOs #UIF

Legislators Petition SEC To Clarify Broker-dealer Applications For Crypto Companies
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Some Congressional Blockchain Caucus members want more clarity on broker-dealer rules from the US securities regulator. In the letter to SEC Chairman Jay Clayton on Dec 9th, a number of the Congressional Blockchain Caucus members led by Tom Emmer (R-MN) sought the commission to verify which...

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By: Wayne Jones

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#Broker #CongressionalBlockchainCaucus #DigitalSecurities #FINRA #Investors

Feds Arrest Crypto Founder, Elmaani Behind Multimillion-Dollar' Exit Scam'
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A multimillion-dollar tax evasion scheme has led to the arrest of Amir Bruno Elmaani involving his Ethereum blockchain-based Oyster Protocol and the native cryptocurrency, Pearl ($PRL).



The Securities and Exchange Commission also filed a civil lawsuit against Elmaani today, possibly related to...

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By: Wayne Jones

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#ETH #ExitScam #Kucoin #OysterPearl #OysterProtocol #SEC

IOTA Co-Founder Dropped from Project Following ‘Unanimous’ Board Decision
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On Dec 10, 2020, the IOTA Foundation parted ways with co-founder David Sønstebø in a decision that may surprise many community members. 



According to the official announcement, the Supervisory Board made the unanimous decision to drop Sønstebø, citing that the co-founder’s interests had “d...

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By: Wayne Jones

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#Chrysalis #Coordicide #Iota20 #IotaCommunity #IotaFoundation

Putin Assents Order Compelling Russian Civil Service to Disclose Crypto Holdings
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Now Russia's Public Officials have to disclose crypto holdings, as Russian President Vladimir Putin signed the document published on 9th Dec. The order will require both current civil servants and those set to assume public positions to submit a report between 1st Jan 2021 and 30th Jun 2021...

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By: Wayne Jones

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#DigitalAssets #DiscloseCryptoHoldings #EXMO #RussianCryptoEcosystem #RussianPublicService #VladmirPutin

Breaking: BTC Price Hits All-time High Above $20K
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The leading cryptocurrency by market value has finally taken out the much anticipated $20K level for the first time in history. The BTC/USD pair is currently trading well above this all-important milestone, and it seems to have now entered price discovery mode. 



The king coin last traded near ...

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By: Wayne Jones

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#BTCHashrate #BtcNewAth #BtcOver20K #BTCPrice #InstitutionalInvestors #MassMutual #StoreOfValue

Pornhub Now Accepts Only Cryptocurrency as Payment
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Currently, Pornhub is accepting cryptocurrency solely for its premium service. Visa and Mastercard both pulled off support for payments on Pornhub a while back; hence the adult website has to depend on cryptocurrency for payments.



The network is heavily dependent on advertising revenue, but...

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By: Wayne Jones

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#BCH #CryptocurrencyPayments #MasterCard #NewYorkTimes #Tether #Visa #Waves

A Likely Explosive Rally as Bitcoin Surpasses $23k
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Bitcoin bulls have taken over the crypto market after weeks of consolidation surging about 20 per cent this week. The leading cryptocurrency broke past $20,000 some hours ago, marking a new all-time high past the critical technical level.



The cryptocurrency managed to trade above $23,000 after...

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By: Wayne Jones

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#Binance #BitcoinBulls #BtcBullrun #BTCPrice #BtcPriceAnalysis

BTC ATH; What Led to in 2017? What’s the Difference Now?
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BTC had traditionally displayed a very volatile trading chart since it was created in 2009. The coin has witnessed lots of price action in its short existence period. Bitcoin’s first substantial price boom occurred in 2010 when the coin’s valuation increased from around $0.0008 to $0.08 in a sin...

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By: Wayne Jones

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#BitcoinPrice #BTC #BTCATH #BtcBulls #BtcPriceAnalysis #InstitutionalInvestors