Crypto industry jumps into lobbying in response to FinCEN

The crypto lobby is growing as more firms join the effort to fight rules that attack financial privacy.   The Blockchain Association today announced the addition of five new members, with membership now totaling 30 firms. The new members are Uniswap, Blockfi, Fireblocks, CMT Digital and Blockchain Capital.  In its tweet announcing the news, the Blockchain Association attributed the rise in […]

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Bitcoin whale explains to Bloomberg why crypto volatility will decline

Bitcoin’s (BTC) violent price swings could become a thing of the past as institutional buyers with stronger hands continue to push the asset higher, according to a prominent crypto whale.  Eric Peters, the founder and CEO of One River Asset Management, told Bloomberg Thursday that Bitcoin’s path to maturity should help stabilize its price. “There are all kinds of reflexive […]

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BTC/USD Rebounds and Tests 32245 Technical Resistance: Sally Ho’s Technical Analysis 28 January 2021 BTC

Bitcoin (BTC/USD) gained ground early in today’s North American session as the pair strengthened to the 32187.65 area after trading as low as the 29902.14 area during the Asian session, with the intraday low representing a test of previous technical support around the 29891.13 area.  Stops were elected above the 31905.43 area during the move higher, representing the 38.2% retracement […]

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BaFIN Blames Employee for Wirecard Insider Trading

Germany’s Federal Financial Supervisory Authority (BaFIN) has filed a criminal complaint against an unnamed employee for involvement in insider trading in the now-collapsed Wirecard, the regulator announced on Thursday. The employee, working at the securities supervision department of the regulator, sold structured products of the payments firm on June 17 last year, a day before the public revelation of the […]

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RSK users won’t have to pay transaction fees with new integration

Bitcoin’s smart contract-enabled sidechain RSK is introducing the concept of meta-transactions, which allows third parties to pay for a user’s transaction fees. Announced on Thursday, the “RIF Enveloping” solution enables wallet providers to pay for their users’ transactions. Paying transaction fees is currently a major adoption bottleneck in adoption for smart contract platforms. Users wishing to trade tokens must always […]

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