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Binance Joins a Sanction Specialist Association to Further Established Guidelines In Crypto

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Despite the bear market, Binance is one of the firms that has continued to build and make meaningful partnerships with firms and organizations. In its latest headline on partnerships, Binance joined the Association of Certified Sanctions Specialists (ACSS), which provides sanctions training for multinational corporations and financial institutions. 

Founded in 2018, the ACSS provides its members with necessary educational resources and benefits. The company is the first crypto exchange to formally join the association as part of its ongoing efforts to “strengthen its compliance capabilities,” according to a press release published earlier today.  Read more...

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Visiting El Salvador’s Slums, It’s Clear Bitcoin Country Must Go Further

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A visit to Soyapango, one of El Salvador’s most impoverished slums, shows that the Bitcoin experiment isn’t reaching those who need it most.

This is an opinion editorial by Rikki, author and co-host of the “Bitcoin Italia,” and “Stupefatti” podcasts. He is one half of the Bitcoin Explorers, along with Laura, who chronicle Bitcoin adoption around the world, one country at a time.

A few days before this writing, El Salvador’s president Nayib Bukele announced an immense police operation. San Salvador’s satellite city of Soyapango was surrounded by 8,500 military and 1,500 police officers, who went searching from house to house for gang members still hiding in the area. More than 150 arrests were counted.  Read more...

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Dubai Pushes Out Crypto Marketing Rules To Further Safeguard Investors

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Dubai will soon be pursuing a new license program directed towards the crypto space service providers, local regulators by introducing marketing and advertising rules for the industry.

Dubai’s virtual asset regulatory authority (VARA), a cryptocurrency regulatory had proposed for new guidelines on marketing, advertising and promotions of cryptocurrencies.

VARA has mentioned about all forms of outreach, communications along with advertising. This included the distribution of information, building awareness, customer engagement and even investor solicitation among others.

After the the guidelines have been issued, the local virtual asset providers including advertising platforms will be needed to maintain factual accuracy along with revealing any promotional intent so that investors and customers are not decieved.  Read more...

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Elon Musk Teases Further Tesla (TSLA) Video Game Integrations

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Billionaire Elon Musk revealed on Twitter this weekend that Tesla (TSLA) is currently in the process of porting numerous video game engines to bring popular titles to the in-car touchscreen. Lots more games coming once we finish porting Unity! https://t.co/fRbk1r5YDM — Elon Musk (@elonmusk) May 18, 2019 In his series of tweets, Musk claimed that […]
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Bitcoin (BTC) Continues to Surge as Its Mining Hashrate Decentralizes Further

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Bitcoin (BTC) is once again gaining the attention of mainstream media and investors as the price has surged over 37% in the past week. Bitcoin is now trading above $ 8,000 for the first time since July of 2018 and data suggests the fundamentals for the leading digital currency have improved markedly over the period. In […]
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Comcast Spectacor Pushes Further Into Esports With New Joint Venture

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Comcast Spectacor, a Philadelphia-based sports and entertainment subsidiary of Comcast, announced this week that it has partnered with SK Telecom, the largest mobile operator in Korea, to create a new joint venture: T1 Entertainment & Sport. The new venture will feature SK Telecom’s T1 League of Legends Champions Korea (LCK) team, in addition to new […]
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TRON Up by Over 100% in 1 Month: Can BitTorrent Token’s Success Push it Further Up?

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In the past 30 days, the valuation of the crypto market dropped from $ 138 billion to $ 114 billion by $ 24 billion. Yet, TRON (TRX) recovered from $ 0.0127 to $ 0.0264, by well over 107 percent. Since December 17, in about five weeks, the Tron price demonstrated a strong gain against both Bitcoin and the U.S. dollar following a series of positive announcements. Most recently, BitTorrent Token, the native cryptocurrency of the BitTorrent ecosystem, initiated a token sale on Binance Launchpad and all of the tokens sold out within minutes. Could BitTorrent Pave the Path Towards the Success of TRON On January  Read more...

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Here’s Why FED Gives Markets Green Light, Further Rate Hikes Unlikely

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Renowned economist, author of the “Death of Money,” Jim Rickards says the markets just “got the cue” they need. The U.S Federal Reserve (FED) is now unlikely to raise interest rates again without significant warning. That’s a green light for the stock markets and indeed the cryptocurrency market. Powell's use of "patient" on Friday was

The post Here’s Why FED Gives Markets Green Light, Further Rate Hikes Unlikely appeared first on CCN

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Dow, S&P 500 Eye Further Gains after Wild Week on Wall Street

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Following a wild week on Wall Street, the US stock market looks poised to extend its latter-week recovery following the opening bell on Friday, with the Dow Jones Industrial Average, S&P 500, and Nasdaq futures indices all pointing north as of the time of writing. Dow Seeks to Extend Recovery Dow futures had risen 111

The post Dow, S&P 500 Eye Further Gains after Wild Week on Wall Street appeared first on CCN

CCN

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UK Financial Regulator to Investigate Non-Complaint Crypto Businesses Further

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The UK’s financial watchdog is stepping up its scrutiny of the cryptocurrency sector, even as prices continue to regain their position, over last week’s bloodbath, which saw the total market cap for cryptos shed almost 80 percent of its value. According to a Telegraph Money report published on the Telegraph UK, the number of businesses being

The post UK Financial Regulator to Investigate Non-Complaint Crypto Businesses Further appeared first on CCN

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Bitcoin Price Claws Back to $4,500 But Further Losses May Lie Ahead

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The bitcoin price on Tuesday nursed extensive losses of over 12 percent against the US dollar, stabbing through $ 5,000 as it did. BTC/USD Intraday Analysis The BTC/USD index is currently trading at the 4513-fiat price level after a minor jump from its intraday low at 4035-fiat. The knee-jerk reaction after a massive sell-off does not confirm

The post Bitcoin Price Claws Back to $ 4,500 But Further Losses May Lie Ahead appeared first on CCN

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Ripple (XRP) Golden Cross Signals Further Near Term Upside

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Ripple Chart With Values

Chart for XRP/USD (4H)

Ripple (XRP) rallied aggressively soon after the golden cross seen on the XRP/USD 4H chart. The price is currently trading above the 50 EMA on the 4H chart and is not likely to drop below it. Bollinger Bands %B indicator on the XRP/USD chart also shows that Ripple (XRP) is just preparing for a massive rally. We have seen over the past few weeks that Ripple (XRP) is also beginning to gain in dominance against Bitcoin (BTC). Ripple (XRP) is known for its quick but aggressive rallies. What does this mean? It means that Ripple (XRP) makes its entire gains for the cycle in an extremely short timeframe. This is why so many Ripple (XRP) investors are strong believers in the idea of hodling.  Read more...

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China Updates Crypto Ranking, Downgrades BTC Further

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China Updates Crypto Ranking, Downgrades BTC Further

China’s Center for Information and Industry Development has updated its ranking of 33 crypto projects, evaluated in three separate categories as well as overall. BTC has been downgraded further since the center’s previous update while EOS and Ethereum still top the overall ranking.

Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space

New Ranking

China Updates Crypto Ranking, Downgrades BTC FurtherChina’s Center for Information and Industry Development (CCID), under the country’s Ministry of Industry and Information Technology, announced a new update of its crypto project ranking on Monday. This is the center’s sixth update. The number of crypto projects evaluated remains 33, unchanged from the previous ranking.  Read more...

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Bitcoin Price Drops to $6,400: Further Decline to Low $6,000 Region in Play?

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In the last 24 hours, the Bitcoin price has experienced a gradual decline from $ 6,500 to $ 6,410, struggling to demonstrate momentum in the relatively low region of mid-$ 6,000. On October 21, CCN reported that the low volume of Bitcoin remains a concern for traders, as it demonstrated the lack of interest in investors in the

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The Zaif Hack Story Isn’t Over Yet: Further Investigations Lead to More Questions

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The hack of Japan-licensed cryptocurrency exchange Zaif took the crypto community by surprise last week. It’s recently emerged that the perpetrators of the crime are trading the stolen wealth on Binance and other exchanges.

Japan’s Financial Watchdog Slams Three Business Improvement Orders

The event couldn’t pass unnoticed, especially because the exchange had reportedly warned about its vulnerabilities in advance following the Japanese financial authorities’ (the FSA) verifications.  Read more...

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SEC Orders Proceedings to Rule on ETF, Seeks Further Feedback

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The United States Securities and Exchange Commission (SEC) has published an “order instituting proceedings to determine whether to approve or disapprove” the proposed Vaneck Solidx bitcoin exchange-traded fund (ETF). The SEC is asking for further public feedback on issues pertaining to concerns regarding the bitcoin market’s perceived vulnerability to manipulation.

Also Read: Turkey Finance Minister Embraces ICO Hype for Already Troubled Economy 

SEC Institutes Proceedings to Rule on Vaneck ETF

SEC Orders Proceedings to Rule on ETF, Seeks Further FeedbackThe U.S. SEC recently published an “order instituting proceedings to determine whether to approve or disapprove a proposed rule change to list and trade shares of Solidx bitcoin shares issued by the Vaneck Solidx Bitcoin Trust.”  Read more...

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Ethereum Price: $160 Bottom or Will Arthur Hayes Drive Prices Down Further?

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The Ethereum price has had a rough 2018 so far. Unfortunately for speculators and enthusiasts, it seems the worst has yet to come in this regard. With the Ethereum price now falling below $ 170, it seems to be a matter of time until $ 150 and potentially lower is reached. This is not necessarily the best outcome for the cryptocurrency ecosystem.

Ethereum Price Struggle Intensifies

Today will be another tough day for Ethereum enthusiasts. The value of their preferred cryptocurrency is getting battered once again, courtesy of another 12% drop in the past 24 hours. Compared to Bitcoin’s downtrend, things are certainly heading in the wrong direction for the world’s second-largest cryptocurrency by market cap. There is no improvement in sight, and things may even get worse as more time progresses.  Read more...

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