Pakistan May Open up to Crypto Soon after Waqar Zaka’s Petition Filing
Image

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....

- Read More

By: Wayne Jones

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

JD.com Sets off as The First to Embrace Digital Yuan
Image

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...

- Read More

By: Wayne Jones

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

India Approach to Cryptocurrencies Amid Worldwide Crypto Boom
Image

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...

- Read More

By: Wayne Jones

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

Bitcoin Trades Above Crucial Resistance As Bulls Aim to Reclaim $20k
Image

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...

- Read More

By: Wayne Jones

___

Binance Profits to Range Between $800 Million to $1 Billion this Year
Image

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...

- Read More

By: Wayne Jones

___
#AML #CoinMarketCap #CryptoExchange #CryptoRegulations #FATF

One Percent Staked on Ethereum 2.0 Beacon Chain, 6% in DeFi
Image

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...

- Read More

By: Wayne Jones

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

Grayscale Ethereum Trust, Credible Digital Currency Investment, Acquires 100,000 ETH
Image

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...

- Read More

By: Wayne Jones

___
#DigitalAssetHoldings #ETHE #GenesisGlobalTrading #GrayscaleEthereumTrust

A Chaotic Correction in Sight as Bitcoin Price Drops by 5%. What Next?
Image

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...

- Read More

By: Wayne Jones

___
#BtcBears #BtcBulls #BTCPrice #EthBears #EthPrice

Latin American Crime Cartels Employ Crypto to Launder Money
Image

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...

- Read More

By: Wayne Jones

___
#Blackmail #LatinAmerica #MoneyLaundering #TCOs #UIF

Legislators Petition SEC To Clarify Broker-dealer Applications For Crypto Companies
Image

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...

- Read More

By: Wayne Jones

___
#Broker #CongressionalBlockchainCaucus #DigitalSecurities #FINRA #Investors

Feds Arrest Crypto Founder, Elmaani Behind Multimillion-Dollar' Exit Scam'
Image

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...

- Read More

By: Wayne Jones

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

IOTA Co-Founder Dropped from Project Following ‘Unanimous’ Board Decision
Image

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...

- Read More

By: Wayne Jones

___
#Chrysalis #Coordicide #Iota20 #IotaCommunity #IotaFoundation

Putin Assents Order Compelling Russian Civil Service to Disclose Crypto Holdings
Image

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...

- Read More

By: Wayne Jones

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

Breaking: BTC Price Hits All-time High Above $20K
Image

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 ...

- Read More

By: Wayne Jones

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

Pornhub Now Accepts Only Cryptocurrency as Payment
Image

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...

- Read More

By: Wayne Jones

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

A Likely Explosive Rally as Bitcoin Surpasses $23k
Image

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...

- Read More

By: Wayne Jones

___
#Binance #BitcoinBulls #BtcBullrun #BTCPrice #BtcPriceAnalysis

BTC ATH; What Led to in 2017? What’s the Difference Now?
Image

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...

- Read More

By: Wayne Jones

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

What Instigated The Bitcoin ATH in 2017? What’s the Difference Now?
Image

Bitcoin 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 s...

- Read More

By: Wayne Jones

___
#BitcoinMarkets #Btc2017ATH #BTCATH #BtcPriceAnalysis #BtcPriceRally #COVID19 #Huobi #HuobiBTCWithdrawals #PBOC #SEC

The Status of Bitcoin in the Retail Sector
Image

Digital currencies are experiencing a reasonably warm welcome towards the financial markets, especially after introducing bitcoin in 2009. Bitcoin remains the leading and most progressive cryptocurrency as it trades at $23,948 at the time of writing. 



The digital currency came along with ...

- Read More

By: Wayne Jones

___
#Bitcoin #BitcoinInRetail #CryptoPrivacy #DecentralizedNetwork #EconomistIntelligentUnit #MasterCard #PersonalData #TransactionCosts #Visa

XRP Suffers Delisting by Exchanges Following SEC'S Recent Lawsuit
Image

In a recent turn of events, the Securities and Exchange Commission filed legal action against Ripple for illegally pursuing an unregistered security offering. The fourth-ranked cryptocurrency managed to accumulate $1.3 billion since 2013 through the digital asset sale. Going by the legal action, ...

- Read More

By: Wayne Jones

___
#Binance #Bitstamp #OKCoin #RippleLawsuit #SEC #XrpDelisting

The Reason Why Ethereum-Blockchain Size Exceeding 1TB is an Issue?
Image

Blockchains are by far the most prolific financial technology innovation of the 21st century. The networks aim to provide decentralized services and possess the attributes of immutability and transparency in transactions. Among the largest best-performing blockchain networks globally today are...

- Read More

By: Wayne Jones

___
#BlockValidation #DatabaseSharding #DeFiPlatforms #EthereumBlockchain #EthereumScalability #SmartContracts #TransactionThroughput