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Big Banks, Big Troubles: HSBC, Deutsche, Societe, and Citi Lay Off Thousands Worldwide
9.8.2019
Banking giants are in trouble and it’s starting to show. Key players in the industry have already announced massive job cuts and executives with hefty salaries have been dismissed. HSBC, the largest bank in Europe, has revealed it plans to lay off over 4,000 employees and Citigroup...
Crypto Analyst Predicts Bitcoin May Hit $15K to $20K in Few Weeks
8.8.2019
If we believe the biggest cryptocurrency analyst of YouTube, Bitcoin (BTC) will possibly hit the mark of $15,000 to $20,000 in the upcoming weeks. Nicholas Merten has talked elaborately about the Bitcoin bullish trend he sees approaching in the new DataDash episode. As per Merten, BTC may hit...
SBI Holding’s VC Trade Crypto Exchange Integrates New KYC and AML Tech
8.8.2019
Japanese VC Trade has adopted CoolBitX’s Sygna, a know-your customer and anti-money laundering compliance technology focused on digital currency transactions
ECB to Increase Online and Offline Efforts to Monitor Crypto Trade and Related Activities
8.8.2019
At a time when regulators across the globe are taking steps to tighten their grips on virtual currencies, the European Central Bank (ECB) has also decided to follow the trend. The ECB will ramp up its surveillance efforts to monitor crypto activities in the region. The apex banking regulatory body...
VeChain Price Analysis: VeChain (VET) Continues To Trade In The Bearish Zone With No Sign Of Recovery
8.8.2019
VeChain recently announced Penfolds as their wine traceability platform on VeChain Thor. This is known to be the first and only live example as of now from Australian Vintage Wine that is empowered by Cryptocurrency NFC tags. We’re excited to announce that Penfolds is now live on...
SBI Holdings’ Crypto Exchange Adopts New Tech to Help Meet FATF Standards
8.8.2019
VC Trade, the crypto exchange launched by SBI Holdings, is integrating new tech to help it comply with new international KYC standards
Standard Chartered Completes First Transaction on Oil Industry Blockchain Platform Voltron
7.8.2019
Standard Chartered Bank has completed the first international letter of credit transaction on the oil industry blockchain platform Voltron
VeChain Tapped to Provide Transparency for China’s Wine Trade
7.8.2019
Amid a wave of counterfeits, VeChainThor has developed a way to authenticate the provenance of fine wines in Shanghai
Currency War Erupts as US and China Bring Out the Big Guns
6.8.2019
What started out as a trade dispute between the world’s two largest economies is now a full-blown currency war as the U.S. and China bring their big guns to the battlefield. The impact on the global financial markets was immediate and severe, driving up safe-haven assets as ordinary people...
Bitpoint, Japanese Crypto Exchange, Re-opens for Trade Services after $28 million hack in mid of July
6.8.2019
Bitpoint, Japanese crypto exchange is re-opening a portion of its exchanging services following 28 million dollar hack in mid-July. Furthermore, Bitpoint is re-opening its withdrawals and cash deposits in Fiat on the sixth of August after a security evaluation of the exchange’s digital...
Japanese Crypto Exchange Bitpoint Restarting Trade Services
6.8.2019
The exchange lost 3 billion yuan during a hack on July 11
Market Outlook: Trade Wars and Filthy Fiat Battles Fuel Crypto Prices
5.8.2019
A slew of digital currencies have gathered decent gains over the last 48 hours and the entire market capitalization now stands at around $308 billion. Moreover, cryptocurrency trade volumes have kicked up a notch, capturing $66 billion in swaps over the last day. Overall, speculators think...
IOTA Price Analysis: MIOTA may trade above $0.32 by the end of the month
5.8.2019
IOTA’s slow and slumping pace worries traders expecting gains IOTA may cross $0.30 by the end of this week IOTA has not been able to show any signs of recovery from the constantly declining trends since the last 30 days. The current market performance of the coin also shows that it may take another...
Stellar Price Analysis: Stellar (XLM) price drops to trade as low as $0.082
3.8.2019
Stellar trembles in the intraday movement. Traders and investors can expect a recovery in some time from now. Stellar (XLM) is seen slipping in the bearish zone. The last month has benefitted the coin at large. Although, the coin has slipped in the trading price by a noticeable price but...
Investors Can Now Trade Ether and British Pounds on the Same Blockchain
1.8.2019
LAB577, a team of ex-Royal Bank of Scotland engineers, has built a system for settling crypto and fiat trades on R3's Corda Network
After A Roller Coaster Ride In The Last 6 Months, Ripple (XRP) Price Trade Below Baseline
31.7.2019
The standards of Ripple have finally been set. The CEO of SBI, Yoshitaka Kitao, recently mentioned that they want to accommodate MoneyTap as it might be useful in the contribution of xRapid using XRP. 30/07/2019SBI CEO @yoshitaka_kitao "We have 25 participating banks and 8 are API platform...
PR: EO Coin Volume Surges on July Listings
31.7.2019
EO coin showed bullish sentiment this July on the back of numerous new pairs being listed on EO.Trade exchange, including; ETC/EO and NEO/EO. Detailed statistics show EO coin surged from 70 satoshi’s to 315 following the ETC/EO listing on July 11th, before the NEO/EO listing which took place...
Ethereum Classic Price Analysis: Ethereum Classic (ETC) Rolls Down To Trade Below $6 Again
30.7.2019
Ethereum Classic states differences with ETH to maintain its niche Ethereum Classic may close today’s trading day around $6 Ethereum Classic has proved itself time and again for being one of the most justified competitors of the Bitcoin. The firm has now emphasized on ETC’s unique market...
IOTA Price Analysis: IOTA Pushes Hard to Trade Above $0.29
29.7.2019
IOTA traces a bearish trendline even after an upward correction The coin has heavily dropped below $0.29 The coin has seen support price at $0.2679, started to rebound Bitcoin has recently rebounded from $9165.77 and currently trading above $9400, however, the coin still awaits a bullish price...
US Authorities Start Tightening Grip On Crypto Trade, Send Notices To Cryptocurrency Owners
27.7.2019
The crypto trade finally seems to be falling in regulation in the US, as authorities start to tighten their grip on crypto trade and digital currency owners. In a statement released on Friday, the Internal Revenue Services (IRS) of the US said that it has started sending letters to crypto owners...