‘Final Testing’ Phase: Fidelity Nears Launch of Cryptocurrency Trading & Custody Platform: Alan Wass
Much excitement has been building since the large American financial services firm Fidelity Investments first announced back in October that they were building a cryptocurrency trading and custody platform. They are now almost ready to launch their Fidelity D…
Ban Hammer Remains: South Korea’s Financial Services Commission Refuses to Lift ICO Ban: Mark Emem
The ban on initial coin offerings in South Korea will stay, the country’s financial regulator has said in a statement. The decision by the South Korean Financial Services Commission (FSC) follows a survey which the regulator commissioned. Among the findings o…
ABBC Blockchain MC Wallet in the Final Stages of Development: Press Release
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Cloudbet Accepts Gigantic 20 BTC Bets for Super Bowl LIII: Press Release
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to c…
Watch: Why This Video Could Doom Kik’s SEC Fight: P. H. Madore
Kik CEO Ted Livingston may have already doomed the chat app’s chances to win its high-profile legal battle with the US Securities and Exchange Commission (SEC) regarding its Kin cryptocurrency, a video uncovered by The Block suggests. Kik’s SEC Gambit As CCN …
VanEck Resurrects Bitcoin ETF Bid, But Don’t Hold Your Breath: Joseph Young
The Chicago Board Options Exchange (CBOE) and VanEck refiled their Bitcoin exchange-traded fund (ETF) application. But, there likely won’t be a Bitcoin ETF by the end of the year and possibly by the year’s end. On January 31, as CCN reported, VanEck announced…
Florida Bitcoin Trader Faces Felony Charges for Selling Crypto to Undercover Police: Wes Messamore
It’s a case of police entrapment that goes beyond the pale. After a ruling Wednesday by the U.S. Third District Court of appeals, a Florida man will have to face a trial by jury over felony charges in Miami for selling bitcoin to undercover police. Felony Cha…
Crypto Exchange QuadrigaCX Claims They Can’t Find Their Wallets: P. H. Madore
Canadian-based QuardigaCX says they can’t find their cold storage wallets. In a notice published on its website, the crypto exchange says they have filed an application for protection under the Companies’ Creditors Arrangement Act (CCAA), a Canadian law which…
Bitcoin’s Not the Only Asset Driven by FOMO: Why Stock Market Investors Should Be Concerned: Samantha Chang
As the bitcoin price gets crushed amid the Crypto Winter, financial commentators are warning stock market investors to not fall prey to reckless buying decisions rooted in FOMO (fear of missing out). As crypto bulls are aware, FOMO was cited as a key driver o…
Bitcoin Price Sinks Further from $3,500 as Crypto Market Endures More Losses: P. H. Madore
Gains were few and far between in the crypto market over the 24-hour period, with Augur presenting a notable exception while gaining less than 2%. The Bitcoin price remains in disunity across several markets. Bitfinex has it for $3,511, but Coinbase users can…
Who is Actually Going to Buy Iran’s New Cryptocurrency?: P. H. Madore
Iran is creating a state-backed cryptocurrency. The options for the digital token are currently open. Reportedly, it’s initially only for crypto companies to do business with the Central Bank of Iran. Later, it will be used as a means to facilitate payments b…
Facebook Stock Soars Despite Privacy Issues: Why Won’t Investors Take Their Heads out of the Sand?: Tedra DeSue
Facebook users are either very naive or just not easily phased. They helped the social media giant set revenue records during the last quarter when it was plagued by data breaches and privacy concerns. Not only did the seemingly-embattled media behemoth repor…
Breaking: CBOE Re-Files Bitcoin ETF Application Following End of Government Shutdown: Josiah Wilmoth
US stock exchange operator CBOE has resubmitted its application to list a bitcoin ETF on one of its trading platforms, just days after the firm withdrew its previous bid. CBOE & VanEck Resurrect Bitcoin ETF Bid That bitcoin ETF, the VanEck SolidX Bitcoin Trus…
Why Nasdaq’s Bitcoin Exchange Partnerships Prove the Crypto Industry is Growing up: P. H. Madore
A total of seven cryptocurrency exchanges have contracted with Nasdaq to use its surveillance technology. The technology, which has various products including SMARTS (which was adopted by Gemini), enables Bitcoin exchanges to identify fraudulent trading patte…
After Apple, Samsung Records a 31% Drop in Net Profits: Are Big Phone Makers in Trouble?: Joseph Young
Apple has struggled to win over the Chinese mobile phone market as reports have suggested but Samsung is also having a similar issue. Samsung Electronics revealed that it recorded a 31 percent decline in net profit in the fourth quarter of 2018 as the operati…
Dow Flips Green Despite Microsoft, DowDuPont Revenue Misses: Sam Bourgi
The U.S. stock market traded higher Thursday but the Dow was mostly excluded from the rally as shares of Microsoft Corp (MSFT) tumbled following a lukewarm earnings report. Dow Flips Green But Trails S&P 500 & Nasdaq The Dow Jones Industrial Average traded lo…
Marshall Islands to Issue Physical Banknotes for World’s First Decentralized National Digital Currency: Samantha Chang
The Marshall Islands will soon circulate physical banknotes representing the world’s first decentralized national digital currency. This is happening under an agreement with Tangem, a Swiss maker of blockchain-enabled smart card wallets for cryptocurrencies. …
Belarus’ Biggest Bank is ‘Working on’ Launching Its Own Cryptocurrency Exchange: Jimmy Aki
According to a report by local news outlet BeITA, Belarusbank, the largest bank in Belarus, is considering the launch of its very own cryptocurrency exchange platform. The plans for the exchange were revealed by Viktor Ananich, the Chairman of Belrusbank’s bo…
Binance: The World’s Largest Crypto Exchange Will Let you Buy Bitcoin With Credit Cards: Joseph Young
Binance, the world’s largest crypto exchange by daily trading volume, enabled credit card payments on its platform to allow users to purchase Bitcoin and other major crypto assets using Visa and Mastercard. The integration of credit card payments into the Bin…
Dow Jones, Bitcoin Price Rallies in Jeopardy as US Stock Market Sends Mixed Signals: Josiah Wilmoth
The US stock market is taking an uneven path on Thursday morning, with the Dow suffering triple-digit declines while tech stocks rise. The cryptocurrency market is almost universally sour, however, as traders continue to wrestle with that is now the longest-e…
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