Month: February 2022

Global Regulation Urgently Needed for Banks to Help Clients Invest in Crypto – Regulation Bitcoin News

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A globally consistent crypto regulatory framework is urgently needed to allow banks to handle crypto assets on behalf of large customers, said a JPMorgan executive. “We need a globally consistent regulatory framework. It’s important that we get to a solution as quickly as possible.” Global Regulatory Framework Urgently Needed to Allow Banks to Offer Crypto Exposure to Clients, Says JPMorgan Debbie Toennies, managing director and head of Regulatory Affairs at global investment bank JPMorgan Chase & Co., talked about global cryptocurrency regulation applicable to banks Tuesday at an event held…

Bitcoin price is ‘likely starting the next push up’ if $42K holds as support

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The cryptocurrency market remains in a state of flux as investors are once again focused on what steps the U.S. Federal Reserve might take to combat rising inflation and markets wobble as the situation in Ukraine remains tense. Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin (BTC) has hovered around the $44,000 support level and traders are hopeful that an inverse head and shoulders chart pattern will lead to a sustained bullish breakout. BTC/USDT 1-day chart. Source: TradingView Here’s a survey of what several analysts…

BITCOIN BAN BY CHINA IS FAKE NEWS | IGNORE THE FUD

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Mastercard Adds Crypto Consulting Service in Latest Effort to Boost Cryptocurrency Adoption – Featured Bitcoin News

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Payments giant Mastercard is expanding its payments-focused consulting service to include cryptocurrency. It covers “a range of digital currency capabilities, from early-stage education, risk assessments, and bank-wide crypto and NFT strategy development to crypto cards and the design of crypto loyalty programs.” Mastercard’s Crypto Consulting Service Mastercard announced Tuesday the expansion of its payments-focused consulting service. Among the new practices is one dedicated to “crypto & digital currencies,” the company wrote. Noting that it is “helping banks navigate the adoption of digital currencies,” the payments giant detailed: Mastercard’s consulting efforts…

Why Bitcoin Is a Tool for Social Justice

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For Black Americans, Bitcoin offers the promise of a fair financial system untainted by America’s legacy of racial oppression, and strong assurances to the property rights they have long been denied. Because Bitcoin can be self-custodied, Black Americans no longer need to solely depend on banks, institutions, or intermediaries. Original

BITCOIN TRADERS MUST WATCH THIS PRICE!! Bitcoin News Today, Bitcoin Price Prediction, Bitcoin Crash

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Coinbase, Robinhood, Kraken and Other Top Exchanges Join New Anti-Money Laundering Organization

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A slew of prominent exchange platforms are joining a new anti-money laundering initiative. According to a recent blog post by leading crypto exchange Coinbase, it and other popular trading platforms such as BlockFi, Circle, Robinhood, Fidelity Digital Assets, Gemini and Kraken will join the Travel Rule Universal Solution Technology (TRUST), a joint solution created to comply with the U.S. Financial Crimes Enforcement Network’s (FinCEN) Travel Rule. The Travel Rule requires financial institutions to collect and retain certain information related to funds transfers and transmittals in amounts of $3,000 or more.…

This Indicator Points To A Bitcoin Bottom, $50K Next Target?

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Bitcoin has been on a downtrend recently and although it has had multiple recoveries, it is still a long way off from its all-time high. There are a number of indicators that point towards bullish and bearish trends, but mainly seem to stand in the middle. One indicator seems to point to the further upside coming, adding as much as $6K to the price of the digital asset. What The Daily OBV Chart Says A crypto education and market analysis account on Twitter recently posted a chart mapping out what…