March 1, 2019

Circle Introduces Market Surveillance to Fight Insider Trading, ‘Pump and Dump’ Schemes

March 1, 2019 boss

Blockchain finance company Circle will use digital financial services company Nice Actimize’s market monitoring tools to fight manipulation, a press release confirmed on Feb. 27. Nice Actimize, which forms a branch of Israeli enterprise software giant Nice Ltd., offers professional client tools in the areas of financial crime, risk and compliance. Circle will use Actimize’s Cloud Markets Surveillance (CMS) to proactively prevent and detect malicious trading activity on its own platform, including insider trading, layering and even so-called pump and dump schemes. “Adapting innovative technology solutions, such as the financial…

Bitcoin Ended Its Longest Losing Streak Since… Forever

March 1, 2019 boss

After months of bloodshed, bears have finally begun to abate their crusade to push the Bitcoin price lower. Throughout the month of February, the aggregate of value of all cryptocurrencies moved from $112 billion to $130 billion — a 16% rally. With this in mind, some industry commentators are all but convinced that the worst is in the rearview mirror. Related Reading: Soulja Boy: Bitcoin & Crypto’s Glory Days Now In The Rearview Mirror Bitcoin Ends Six Months Of Losses What a horrid 2018 the digital asset market had. Although there were…

Despite Bear Market, Crypto Startups Got Boosted By Billions In 2018

March 1, 2019 boss

Taking a brief gander at crypto’s daily trading volumes, it is more than apparent that the number of investors, along with capital allocated, has all but dissipated over the course of 2018. Some have even argued that Bitcoin has left the mainstream consciousness, and could potentially be on its last legs. Related Reading: Bitcoin Rally To Be Preceded By More “Crypto Is Dead,” Layoffs, Regulation, Says Investor Chris Burniske, a partner at Placeholder Ventures, once explained that the days “cryptocurrency” and “blockchain” were plastered all over mainstream media, as CoinMarketCap sat…

Crypto Valley Association ‘Looking Into’ Improper Conduct by Member Platform Blue Trading

March 1, 2019 boss

Swiss cryptocurrency industry organization the Crypto Valley Association (CVA) is investigating allegations of foul play by one of its members after the platform closed down last month, CVA officials confirmed in a statement on Feb. 28. According to its website at press time, Blue Trading, also known as BlueTrading, shuttered investment services after what it described as a software malfunction, discovered Feb. 21, caused widespread losses of funds. At the same time, the platform’s owner, BluVenture Group Ltd., has faced considerable controversy over its legitimacy claims from international finance bodies.…

Three medium severity vulnerabilities fixed in BitcoinSV

March 1, 2019 boss

The Bitcoin SV Node implementation team, a division of nChain, worked with Trail of Bits, to catch these weaknesses in BSV, “likely inherited from Bitcoin Core (BTC) and Bitcoin Cash (BCHABC)”. The vulnerabilities were fixed by the February 11 0.1.1 release of Bitcoin SV Node. All three weaknesses in the code would allow bad actors to overload the network and node processors with useless packets, potentially overloading the system with traffic. Bitcoin SV adds that the potential damage would not leave businesses or users at risk of losing any funds or…

US Fed Considers Including BTC Market Crash as ‘Salient Risk’ for Stress Tests

March 1, 2019 boss

The United States Federal Reserve (the Fed) is considering the inclusion of this year’s Bitcoin (BTC) market collapse as one of the “salient risks” to be taken into account for its supervisory stress tests. The prospective amendment was revealed as part of a policy statement published on the official federal government daily journal, The Federal Register, on Feb. 28. The Fed’s annual supervisory stress tests provide the framework for covered companies to conduct their internal stress tests. These have been mandatory pursuant to the landmark Dodd-Frank Wall Street Reform Act…

Does it Present a Bullish Case for Ether?

March 1, 2019 boss

The wait is over. After over a month-long delay, the Ethereum blockchain finally forked and activated Constantinople. These are exciting times for the Ethereum community. The Constantinople upgrade proposes to remove significant technical roadblocks that – till date – hampered the project’s growth. First, the Hard Fork paves the way for Ethereum’s broadly delayed scaling roadmap. And second, it improves Ethereum’s network efficiency and fee structure. Ethereum’s Constantinople and St. Petersburg network upgrades are less than a week away! Click this post for more info and what you need to…

Bitcoin Awaits Decisive Price Move as Trading Range Tightens

March 1, 2019 boss

View Bitcoin’s retreat from highs near $3,900 seen yesterday has poured cold water over the bull mood generated by Wednesday’s quick recovery from lows near $3,650. Therefore, the immediate outlook is neutral. A UTC close above $3,897 (previous day’s high) would validate Wednesday’s long-tailed candle and open the doors to re-test of the last week’s high of $3,190. This looks likely as early signs of bullish reversal have emerged on longer duration charts. A break below $3,658 (Wednesday’s low) would strengthen the bearish view put forward by last Sunday’s high-volume…

XRP Token Listing Was ‘Coinbase’s Independent Decision’

March 1, 2019 boss

Blockchain payment network Ripple did not influence United States cryptocurrency exchange Coinbase’s decision to list XRP, a senior executive claimed on social media on Feb. 27. As part of a Twitter debate involving United Kingdom-based entrepreneur and investor Alistair Milne, Ripple’s head of markets, Miguel Vias, broke ranks with previous correspondence from Ripple about Coinbase. Milne had written to the company asking for comment on rumors, which assert that Ripple either paid or offered an incentive to Coinbase in order to list XRP on its professional trading platform, Coinbase Pro.…

Bitcoin Lights First Green Monthly Candle in 8 Months: Has Accumulation Begun?

March 1, 2019 boss

For the first time in eight months since July 2017, Bitcoin has recorded a green monthly candle on its 1-month price chart. In technical analysis, a green monthly candle materializes when the price of an asset, in this case, Bitcoin, ends the month higher than its price at the beginning of the month. 1-Month Price Chart of Bitcoin. | Source: TradingView On February 1, Bitcoin opened its monthly candle at $3,413. On February 28, the dominant cryptocurrency closed the candle at $3,791, up more than $300. Is it an Indicator…