Day: February 12, 2020

LabCFTC Wants to Meet FinTech Startups in New York

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LabCFTC, the U.S. Commodity Futures Trading Commission’s (CFTC) financial technology experimentation branch, is holding office hours on April 1, asking local companies to ask questions, discuss issues or present their projects. The CFTC announced Tuesday that participants can register for the office hours by emailing LabCFTC@cftc.gov (email subject line should say “NYC Office Hours”) “Office Hours provide FinTech innovators and entrepreneurs an opportunity to engage with LabCFTC to discuss ideas, share a presentation and gain better understanding of CFTC’s framework,” the announcement said. The CFTC and its securities-focused counterpart, the…

This Technical Pattern Indicates Bitcoin Could Soon Surge Past $11K

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Bitcoin price revered losses and climbed to a new 2020 high at $10,406 against the US Dollar. BTC is now eyeing another bullish wave above $10,500 in the near term. Bitcoin is gaining bullish momentum above the $10,000 and $10,200 resistance levels against the US Dollar. The price is likely to continue higher above $10,400 and $10,500 in the near term. There is a bullish continuation pattern forming with resistance near $10,385 on the hourly chart of the BTC/USD pair (data feed from Kraken). There are chances of a bullish…

Bitcoin’s Mining Difficulty Stagnates as Coronavirus Outbreak Delays New Equipment

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After posting solid gains in January, a key measure of competition among bitcoin miners has stagnated in the past two weeks as the coronavirus outbreak disrupts economic activity in China. The slowdown in the growth of so-called mining difficulty signals that miners have had to pause upgrading equipment after the epidemic prompted Chinese authorities to impose a quarantine and major mining equipment makers delayed production and shipments. Mining difficulty – which gauges the effort required to solve math problems in order to win newly created bitcoin – adjusted on Feb.…

Bitcoin’s Mining Difficulty Stagnates as Coronavirus Outbreak Delays New Equipment

boss

After posting solid gains in January, a key measure of competition among bitcoin miners has stagnated in the past two weeks as the coronavirus outbreak disrupts economic activity in China. The slowdown in the growth of so-called mining difficulty signals that miners have had to pause upgrading equipment after the epidemic prompted Chinese authorities to impose a quarantine and major mining equipment makers delayed production and shipments. Mining difficulty – which gauges the effort required to solve math problems in order to win newly created bitcoin – adjusted on Feb.…

Ripple (XRP) Regains Strength And Eyes Crucial Bullish Break Above $0.30

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Ripple is climbing higher and it recently retested the $0.2880 resistance against the US Dollar. XRP price could surge further above $0.2900 and $0.3000 in the near term. Ripple price started a fresh increase after tagging the $0.2680 support area against the US dollar. The bulls regained strength and pushed the price back above $0.2800. There was a break above a key bearish trend line with resistance near $0.2725 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could surge further once it clears the…

Why Security Token Offerings Are a Big Yawn in Parts of Asia

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Security token offerings (STO) were supposed to be the next big blockchain-based investment vehicle following the bursting of the initial coin offering (ICO) bubble of 2017. But there have been a number of reasons why this form of equity funding has not lived up to the hype of being a next-generation activity, including regulatory uncertainty and the high cost required to offer an STO. The lack of interest is particularly striking in Thailand and Taiwan, two areas that were among the first to enact STO regulations to encourage the investment.…

Bitcoin Cash Captured More Than 10% of Darknet Sales Last Month

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2019 was an interesting year for darknet markets (DNMs) and a number of marketplaces closed for a variety of reasons. Despite the closures, crypto payments on DNMs doubled for the first time in five years. Moreover, statistics from the blockchain analytics provider 1000x Group show digital currencies like bitcoin cash (BCH) have joined BTC’s dominant role within the deep web. Also Read: BCH Merchant Directories Now List 4,300 Bitcoin Cash-Accepting Businesses 1000x Group Data Shows An Uptick of Bitcoin Cash Used for Darknet Sales There’s been a number of reports…

Taysom Hill Can Play Football, but as a ‘Franchise Quarterback?’ No Chance.

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Taysom Hill views himself as a “franchise quarterback.” The 29-year-old Idaho native has claimed he’ll leave the Saints if they don’t consider him to be QB1. Hill has often been referred to as a Swiss army knife due to his ability to play a host of positions. Taysom Hill played 10 different positions for the Saints during the 2019 NFL season. Including quarterback. Does that make him a quarterback? Of course not. His claim that he views himself as a “franchise quarterback” is borderline ridiculous. What is Taysom Hill’s best…

Taysom Hill Can Play Football, but as a ‘Franchise Quarterback?’ No Chance.

boss

Taysom Hill views himself as a “franchise quarterback.” The 29-year-old Idaho native has claimed he’ll leave the Saints if they don’t consider him to be QB1. Hill has often been referred to as a Swiss army knife due to his ability to play a host of positions. Taysom Hill played 10 different positions for the Saints during the 2019 NFL season. Including quarterback. Does that make him a quarterback? Of course not. His claim that he views himself as a “franchise quarterback” is borderline ridiculous. What is Taysom Hill’s best…

Bitcoin Hits 5-Month High Following Fed Chair Powell’s Privacy Praise

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Bitcoin’s (BTC) price is trending solidly back above the 5-digit figure mark. At around 15:00 UTC on Feb. 11, the price of BTC rose back above $10,000 from around $9,850 to $10,351 within an hour after succumbing to a small sell-off beneath the $10,000 level on Feb 10, CoinDesk BPI data shows. The peak figure represents BTC’s highest point in over five months and offers a shift in trend from bearish-to-bullish in the mid-term as it continues to print new highs in 2020. The recent rise in BTC’s price comes…