Day: February 7, 2020

Ethereum Just Broke $220 and $250 Seems Imminent: Here’s Why

boss

Ethereum price gained more than 10% and broke the key $200 resistance against the US Dollar. ETH even surpassed $220 today and it is likely to continue higher. Ethereum is trading in a strong uptrend above the $200 and $208 levels against the US Dollar. The price is showing a lot of positive and it seems like it could rise further towards $240-$250. There are two key bullish trend lines forming with support near $215 and $205 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin price is…

India’s First IEO Gives Local Community a Much-Needed Breath of Fresh Air

boss

Despite regulatory uncertainty and banking restrictions imposed by the Reserve Bank of India, WazirX — the Indian cryptocurrency exchange recently acquired by Binance — launched its WRX coin through an initial exchange offering on Binance Launchpad. On Feb. 5, 2020, WRX coin became available for live trading on Binance. The move was dubbed as a big achievement for the Indian crypto industry, as it will likely lead to global recognition.  Earlier, Cointelegraph reported that the 9,033 winners of WazirX’s token sale on Binance Launchpad were announced. Over 20,000 users participated…

How to Buy Bitcoin in the Philippines

boss

The Philippines has many places you can buy bitcoin from. Not only has the Bangko Sentral ng Pilipinas licensed some cryptocurrency exchanges, but there are also peer-to-peer marketplaces, bitcoin ATMs, and other services to help you. This guide will show you where and how to buy bitcoin in the Philippines using these avenues. Also read: Union Bank of the Philippines Launching Bitcoin ATM Where to Buy Bitcoin in the Philippines If you are in the Philippines, there are several ways to buy bitcoin, such as through licensed crypto exchanges, ATMs,…

This Observation Suggests the Crypto Markets are About to See Massive Upside

boss

The aggregated crypto market has been caught within a firm upwards tailwind that has resulted from Bitcoin’s rally up towards $10,000, with this bullishness allowing many major altcoins to post significant gains. Analysts are now noting that the aggregated altcoin market has now broken above a key resistance level, leading many to predict that the markets will soon see significantly further upside. Altcoins Begin Picking Up Steam, But All Eyes Remain on Bitcoin It is clear that Bitcoin, as the benchmark cryptocurrency, has been firmly leading the markets, with most…

Crypto Trading Pioneer Rana Yared Leaves Goldman Sachs

boss

Financial service powerhouse Goldman Sachs Group Inc. lost another one of its top brass on February 5 after two other executives expressed departure plans several days prior. Goldman Sachs partner Rana Yared plans to exit her position at Goldman Sachs for a VC outfit, a source told Bloomberg for a Feb. 5 article. During her time at Goldman, Yared played a major role in the financial giant’s crypto endeavors.  Goldman in crypto Since 2017, the blockchain and crypto industry has seen an influx of traditional market entities in some capacity.…

Joint statement warning FCA-authorised firms and insolvency practitioners to be responsible when dealing with personal data

boss

Joint statement from the Financial Conduct Authority (FCA), the Information Commissioner’s Office (ICO) and the Financial Services Compensation Scheme (FSCS). We are aware that some FCA-authorised firms and insolvency practitioners (IPs) have attempted to sell clients’ personal data to claims management companies (CMCs) unlawfully. This can happen either before or after a firm has gone into administration and where it is likely claims for compensation will be made to FSCS. The terms, conditions and clauses within a standard contract are highly unlikely to constitute sufficient legal consent for personal data…