US Fed Rate Cuts Are Helping Bitcoin

Fundstrat Global Advisors co-founder Tom Lee believes that recent interest rate cuts in the United States by the Federal Reserve are a boon for Bitcoin (BTC).   Lee remarked on how the rate cuts positively impact Bitcoin investment in an interview with Fox Business on July 31, saying: “Bitcoin’s becoming increasingly a macrohedge for investors against […]

Main Takeaways from the U.S. Senate’s Crypto Inquiry – CryptoTicker

The witch hunt against crypto continues in Washington as the hearing by the Senate Committee is gaining steam. The Senate Committee on Banking, Housing and Urban Affairs has previously called David Marcus, the head and co creator of Calibra (wallet used by Facebook Libra crypto currency) to the hearing on Libra. The buzz on Capitol […]

Crypto Market Trading — Inside Look From Those Earning a Living Off It

Since Bitcoin (BTC) came into the world back in 2009, the digital asset industry as a whole has grown quite exponentially — with the market reaching its apex on the break of 2017-2018. Additionally, in the midst of all this, there has been a rise in the crypto trading sector, with the total capitalization of […]

Sex & Crypto | Cointelegraph Documentary

Because of its pseudo-anonymous, censorship-resistant nature, cryptocurrency has become a popular payment method in the adult entertainment industry. Porn sites, webcam sites and online sex shops have been using crypto to reduce their dependence on traditional payment services, which often impose restrictions and high transaction fees on these kinds of businesses — which are considered […]

Canadian Judge Approves $1.6M in EY, Legal Firm Fees in QuadrigaCX Case

The Supreme Court of Nova Scotia, Canada, has approved over $1.6 million in fees for parties seeking funds from former Canadian cryptocurrency exchange QuadrigaCX, according to recently released court documents. Justice Darlene Jamieson ordered to approve the activities, fees and disbursements incurred by the Monitor — Big Four audit firm EY — in the ongoing […]

LedgerX Launches Physically-Settled Bitcoin Futures Contracts

According to CoinDesk, LedgerX has launched the first physically-settled Bitcoin futures contracts in the US. The news comes at a time when Intercontinental Exchange’s Bakkt and TD Ameritrade’s ErisX have struggled to launch amid regulation issues. LedgerX Launches Bitcoin Futures Contracts LedgerX is now the first Bitcoin futures provider in the US that offers physical […]

Dubai to Launch KYC-Focused Blockchain Consortium for Businesses in 2020

A new partnership between the Dubai International Financial Centre (DIFC), Mashreq Bank, and fintech firm Norbloc aims to launch a blockchain-based Know Your Customer (KYC) data-sharing consortium in 2020. The official UAE news agency, Emirates News Agency, reported on the new development on July 31. The DIFC, Mashreq Bank and Norbloc — a Stockholm-based blockchain […]