Bitcoin (BTC) Set For $4,500 With Tether (USDT) Reserve Doubts

Bitcoin prices stable and bullish Suspicion around Tether reserves will likely benefit Bitcoin Participation levels low but could increase as demand picks up Tether is making headlines thanks to their latest update touching on their reserves. While Bitcoin prices are unresponsive, it is likely that BTC will react as investors get edgy liquidating their USDT. Bitcoin Price Analysis Fundamentals By rolling a service with the express purpose of sheltering crypto traders during times of uncertainty, investors as well as traders expect better from Tether. On many occasions, the state of…

Regulatory Bodies Call on Crypto Industry to Participate in Securities Law Review

Two national securities bodies in Canada have issued a joint consultation paper on March 14, aiming to gather industry feedback about cryptocurrency token regulation. In a summary press release about the paper, the Canadian Securities Administrators (CSA) and Investment Industry Regulatory Organization of Canada (IIROC) said it was necessary to adapt existing laws in order to cope with the emergence of new trading platforms specializing in crypto-assets. The CSA is a national standards group covering 57 different areas, while the IIROC is a self-regulatory body overseeing investment dealers and trading…

Canada: Regulatory Bodies Call on Crypto Industry to Participate in Securities Law Review

The CSA and IIROC say they wish to adapt rules to take into account the new cryptocurrency trading arena. Two national securities bodies in Canada have issued a joint consultation paper on March 14, aiming to gather industry feedback about cryptocurrency token regulation. In a summary press release about the paper, the Canadian Securities Administrators (CSA) and Investment Industry Regulatory Organization of Canada (IIROC) said it was necessary to adapt existing laws in order to cope with the emergence of new trading platforms specializing in crypto-assets. The CSA is a…

Ripple (XRP) Drops But Quick Recovery Reveal Strong Demand

Ripple prices temporarily drop but recover Streams of bullish fundamentals would help build momentum Activating triggers at 34 cents must be a wide-ranging bull bar with volumes above 61 million Momentum is building in lower time frames. Since technical indicators are favorable and the streams of bullish fundamental prop prices, odds are Ripple (XRP) will trend above 40 cents in weeks ahead. Ripple Price Analysis Fundamentals The crypto winter may be biting, but that is not stopping major marketing moving announcements. Top of the list is XRP listing at CoinBase…

Report Shows Cryptojacking Is Prime Example of Shift Towards Discreet Cyberattacks

Cybercriminals are reportedly favoring unhurried approaches in attacks made for financial gains, with cryptojacking as a prime example of this shift. IT news website ComputerWorld reported on this development on March 14. Data released by cybersecurity company Darktrace reveals that cryptojacking attempts increased by 78 percent in 2018, and, according to ComputerWorld, the company also said that this trend continued in 2019. The ComputerWorld article cites Max Heinemeyer, director of threat hunting at Darktrace, commenting on the findings. He reportedly said that since many ransomware victims may be unable to pay…

German Firm Offers White-Label Products for Startups

A company says it is combining the power of IT and marketing to deliver high-security, functional and profitable pieces of software that not only work flawlessly, but also sell. CPI emphasizes its software is scalable and geared toward the finance and blockchain industries. The firm offers white-label products that allow businesses to achieve their financial goals by converting casual visitors into paying customers. Among its suite of products is a crypto exchange that is available on the web and through mobile apps. The platform delivers high-frequency trading for virtual currencies…

Thailand’s Stock Exchange Plans to Roll Out Digital Asset Platform in 2020

The Stock Exchange of Thailand (SET) plans to roll out its digital asset platform in 2020, according to an official statement released on March 13. Following recent reports purportedly revealing the plans, the SET has confirmed that it will build a digital asset platform as a part of its three-year strategic plan from 2019 to 2021. In the announcement, the Thai exchange claimed that the local capital market will experience a transformation into the digital age in two areas. The first field will be a complete digitization of the capital…

Cross-Platform Blockchain Project Cosmos Launches First Hub After $17 Million ICO

Blockchain platform Cosmos, which is set to work as a mediator between different blockchains, has officially launched the first hub of its ecosystem on Wednesday, Mar. 13. The Cosmos initial coin offering (ICO), held in April 2017, raised a little more than $17 million. The Cosmos Network, which describes itself as “The Internet of Blockchains,” was developed by California-based startup Tendermint Inc — a software development company that was appointed by Swiss non-profit Interchain Foundation to develop the cross-blockchain ecosystem. The mainnet launch, which was announced on Cosmos Twitter, was…

Enterprise Blockchain on the Rise Despite Criticisms

In the announcement for the launch of its blockchain security testing service, IBM X-Force Red highlighted the rise of enterprise blockchains and said that “organizations are seeing real efficiencies and cost savings from its use.” IBM also highlighted the IDC’s 2018 Spending Guide, which forecasts worldwide blockchain spending to grow to $9.7 billion in 2021. This arrived on the back of a Forbes article in February that explored the reasons “Why 2019 May Become The Year Of Enterprise Blockchain,” which also highlighted Deloitte’s 2018 global blockchain survey that found 95…

Illinois Judge Blocks Mt Gox CEO’s Bid to Weasle out of Bitcoin Lawsuit

For Mark Karpeles, the former CEO of the shuttered Mt. Gox bitcoin exchange, the hits just keep on coming, this time from more than 6,000 miles away. An Illinois court in a Memorandum Opinion and Order issued on March 12 has denied Karpeles the chance to make a class action complaint in which he is named as a defendant go away, despite the fact that the infamous cryptocurrency exchange was based in Tokyo. Judge Gary Feinerman ruled that the class action complaint, which was introduced by former customers of Mt.…