Page 79«..1020..78798081..90100..»

Category Archives: Cryptocurrency

Platform provides entry into the cryptocurrency world with a decentralized account model aimed to connect experiences – Cointelegraph

Posted: October 19, 2021 at 9:50 pm

The majority of blockchain applications are still yet to be widely used in everyday life, despite the technology's ability to provide advanced safety and privacy through encryption. For this reason, adoption of the technology is often placed at a standstill due to the inability of everyday users to see blockchain benefits as more than what cryptocurrencies provide.

Across all industries, information security is becoming an essential consideration, as more and more applications are enabled to help people exchange personal and financial information. Many users have begun raising the question, "Is my data secure?" The blockchain has already proven that data can be securely exchanged in the financial world, but many users still fail to make use of these capabilities in all aspects of data transfer.

A large reason for this is the lack of a well-rounded blockchain ecosystem, which in theory could unite experiences such as social networking and cryptocurrency trading, that would otherwise exist on separate platforms for separate audiences. With a holistic ecosystem, a divided market could become unified and more users could participate in this growing industry.

The TrustKeys network aims to solve this problem with a CryptoNoCurrency SuperApp (No=Not Only), which could provide value that includes cryptocurrency storage and trading and the other real applications of blockchain technology. The team's mission is to provide a full ecosystem for crypto - which at the moment consists of a non-custodial wallet, a cryptocurrency exchange and a blockchain-style network with an end-to-end encrypted Messenger with a decentralized account model (DAM).

With DAM, the network can connect experiences from mini-applications within the ecosystem while simultaneously giving users full control of their accounts.

The DAM model is already standard in the cryptocurrency and blockchain world, although it has yet to see the application in an extended scope that includes messaging and social networking. Individuals or businesses require an offline or real ID that retains user control and changes depending on the situation to access DAM.

Users are therefore required to control their private keys, as the blockchain generates the users' identities, wallet addresses and associated public keys, public keys being one-way calculations from the private key. They are used to identify a user's account, locate other users on the TrustKeys Social Network or send and receive items in the ecosystem.

The DAM model is only one aspect of achieving real value from the technology. As an entry point into the cryptocurrency world, TrustKeys Super App also "lets users easily hold [and] trade in addition to securely share with a Blockchain-style social network.

Therefore, a user's account remains entirely in their control. The team member continues, "they do not depend on any centralized factors," allowing real users to be the account owners rather than the service provider, as is the traditional practice today.

As a community, the team behind the TrustKeys Network has defined several products that will make up the initial ecosystem.

One of these is a social network aimed at resolving the current limitations plaguing the industry today. Currently, concerns run rampant as to how secure conversations are over a social network. The TrustKeys social network helps participants to own their accounts and gain access to reliable information. The introduction of a social network is also aimed to help users buy and sell cryptocurrencies easily by engaging with their community.

TrustKeys also aims to help users store their cryptocurrency with a 24-character private key. The wallet is also equipped to support multichain for the majority of cryptocurrencies used today. Future iterations include integration with NFTs as proposed by the team in the near future.

The third major release includes an exchange that will leverage the advantages of decentralized exchanges (DEXs) and centralized exchanges (CEXs) to create users' safe and secure experience.

That said, to achieve the full benefits of the Super App, the team is working closely on additional features, including lending, borrowing, staking, derivatives, an NFT (nonfungible tokens) marketplace and launchpad. By bringing all these use cases together, the team will be able to develop a global ecosystem of financial connection and asset digitization built on the blockchain.

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.

Read the original:
Platform provides entry into the cryptocurrency world with a decentralized account model aimed to connect experiences - Cointelegraph

Posted in Cryptocurrency | Comments Off on Platform provides entry into the cryptocurrency world with a decentralized account model aimed to connect experiences – Cointelegraph

President Vladimir Putin on Cryptocurrency: I Believe That It Has Value – CryptoGlobe

Posted: at 9:50 pm

In a recent interview, Russian President Vladimir Putin shared his latest thoughts on use cases for cryptocurrency.

President Putins comments about cryptocurrency were made last Wednesday (October 13) during an interview with CNBC News Anchor and International CorrespondentHadley Gamble on day one of the three-day Russian Energy Week Forum in Moscow.

Gamble started the crypto section of the interview by asking about a comment made by Alexander Novak (Deputy Prime Minister of Russian since 2020) a few months ago, which was that we would some day see oil contracts denominated in something other than U.S. dollars, possibly in crypto. Gamble wanted to know when that would happen.

President Putin replied:

Its early to say so Cryptocurrency may be a unit of account, but its not very stable To transfer money to some other place, maybe, but its too early to talk about the trade of energy resources in crypto

Cryptocurrency is not supported by anything It may exist as a means of payment, but I think its too early to say about the oil trade in cryptocurrency

And everything develops and it has has the right to exist and well see in the future, maybe, it will be means of accumulation. Well see, but its early to talk about it today.

Gamble then asked if this means that the crypto holdings of people like Tesla CEO Elon Musk are worthless.

President Putin answered:

I believe that it has value, but I dont believe it can be used in oil trade In order to get cryptocurrency, demands tons of energy. And so far, we must use traditional means hydrocarbons.

Back in February, the Abu Dhabi based CNBC anchor talked to Celebrity investor Kevin OLeary(aka Mr. Wonderful on ABC TV series Shark Tank)about crypto. According to areportby Bitcoin.com, OLeary told her:

I actually think that digital currencies are here to stay. Most people that are willing to hold them, including institutions over the last 90 days, are willing to deal with the volatility

I am fascinated. Im investing. Im holding a 3% weighting in it between ethereum and bitcoin. The volatility sickens me but Im getting used to it

And, finally, Im starting to think about how do I invest in the infrastructure of mining bitcoin.

After Gamble tweeted about this interview, Mr. Wonderful, who has been a harsh critic of crypto in general and Bitcoin in particular in the past few years, revealed that he is now prepared to allocate up to 5% of his personal investment portfolio to cryptocurrencies.

And earlier this month, as reported by The Daily Hodl, OLeary had this to say about crypto during an interview with Daniella Cambone, an editor-at-large for Stansberry Research:

I have 5% in gold so crypto for the first time is more than gold for me, and Im going to keep my gold. I see no reason to sell it. But in crypto, its not just betting on the price of Bitcoin (BTC) anymore. There are so many other ways to invest, particularly in blockchain opportunities [such as] Solana and Ethereum

There are so many different level ones, and of course, the level twos, the derivatives that are put on top of Ethereum and Solana and all the others I just see a lot of investment opportunity, and Im going to be an investor in that space.

He also revealed that now 7% of his investment portfolio is in crypto.

The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.

Featured Imageby Donbrandon viaPixabay

Read the original post:
President Vladimir Putin on Cryptocurrency: I Believe That It Has Value - CryptoGlobe

Posted in Cryptocurrency | Comments Off on President Vladimir Putin on Cryptocurrency: I Believe That It Has Value – CryptoGlobe

Influencers pitch cryptocurrency to recruit young investors, but without a disclaimer – The Indian Express

Posted: at 9:50 pm

Indian crypto exchanges are bombarding people across social media platforms with advertisements, in a bid to woo young users to invest in the digital asset class. As the market pins its hope on the festive season for a hike in sales, the crypto exchange platforms have doubled down on their marketing spend when the cryptocurrencies are yet to be accepted as legal tender and lack a legal framework and regulatory norms in the country.

Crypto platforms are now doing everything possible to promote cryptocurrencies in the country. From getting A-list Bollywood celebrities such as Amitabh Bachchan and Ayushman Khurana as their brand ambassadors to spread their influencer marketing to vast boundarieseverything is being done to ensure that people are made curious about crypto investments.

To put into perspective, a survey by Morning Consult cited by Bloomberg revealed that 45 per cent of crypto investors said that they would invest in crypto-based on a celebrity endorsement, and 20 per cent of all investors indicated that they could be persuaded to invest in crypto by an A-list celebrity.

Campaigns run by local cryptocurrency exchanges often have social media influencers talking about financial literacy and encouraging youngsters to invest in the digital asset class. But such promotions could prove very risky for newbie investors who are gushing towards crypto exchanges, aiming to book profits. Cryptocurrency exchanges have also started using Influencer marketing mediums to reach the next-gen digital natives.

Speaking to indianexpress.com, Pranav Panpalia, founder, OpraahFx, an influencer marketing company said that promoting cryptocurrency trading without stating the risks and volatility of the digital assets explicitly, will make audiences feel betrayed when they learn about it.

Several renowned influencers are promoting cryptocurrency casually to attract youngsters without any disclaimer, and that is a matter of concern, he added.

Echoing similar sentiments, video and content creator Vedant Kaushik said that influencers promoting crypto assets need to have disclaimers for transparency and awareness. Crypto scams are now prevalent too. Responsible advertising is importantmore so, in the case of influencers as they are catering to younger audiences. It is important that influencers opt to be transparent than fulfill their selfish motives, he added.

Meanwhile, YouTuber Karan Singh notes that while promoting a crypto brand for investments, people are at risk of putting their hard-earned money into an extremely volatile digital asset, especially if they fail to do their own due diligence. All crypto promoting posts should come with a disclaimer stating: Crypto investments are subject to market risks, please read the offer document carefully before investing, he pointed out.

Paritosh Anand, an influencer and filmmaker said that Diwali is playing a huge role in the promotion of cryptocurrencies. People who would generally buy an asset like a car, a fridge or gold are now willing to invest that money somewhere where they could possibly get returns from, which is where the content that is being distributed is playing a huge role, he pointed out.

It is worth noting that promoting cryptocurrencies without any regulatory scrutiny can land celebrities in trouble because not all exchanges are safe and reliable. In 2018, the founder of Pune-based crypto company GainBitcon was arrested for allegedly duping more than 8,000 people of Rs 2,000 crore.

Earlier in July, advocates Ayush Shukla and Vikash Kumar filed a plea in Delhi High Court arguing that risk disclaimer text on such ads should cover 80 per cent of the screen to warn viewers appropriately.

So far, there are no regulations around cryptocurrency advertising in India. Meanwhile, the industry body Blockchain and Crypto Assets Council is yet to release self-regulatory guidelines on advertising for such companies in the future.

See the article here:
Influencers pitch cryptocurrency to recruit young investors, but without a disclaimer - The Indian Express

Posted in Cryptocurrency | Comments Off on Influencers pitch cryptocurrency to recruit young investors, but without a disclaimer – The Indian Express

National Police in Spain Warn of Surge in Cryptocurrency-Related Scams Bitcoin News – Bitcoin News

Posted: at 9:50 pm

The National Police have issued a warning for a wave of cryptocurrency-related investment scams in Spain. The amount that has been lost in these kinds of investments recently is 240,000 related to just two complaints. However, there has been a rise in the complaints presented by citizens due to the popularity that these financial instruments are experiencing now.

The National Police of Spain has issued a warning to citizens about the rise of cryptocurrency-related scams in the last few days. In the two more recent complaints the national police have received alone, crypto investors have lost 240,000 (~$278,385). These two complaints stem from the city of Navarra.

This happens because the market is flooded with companies that offer cryptocurrency investment opportunities guaranteeing a high level of returns. But to guarantee these returns, the companies ask for high amounts of money as an investment. Many of these companies have profiles on social media with thousands of followers, giving an impression of legitimacy to these investors.

They manage to entice investors to put money in these platforms, and then, for a time, their digital platforms show a supposed growth in the capital invested. But when investors try to withdraw these funds, they find that it is impossible to do so. These platforms then ask for huge sums of money to withdraw funds and that is when users know they have been scammed.

The National Police gave a series of recommendations to avoid being the victim of an investment scam. First, it recommended potential investors do research on the background of the company or platform they are trusting with their funds. Users should be sure these companies are solvent, and that they are not mentioned in any alert issued by authorities on investment platforms.

However, if investors find themselves caught in a potential scam, police recommend filing a complaint with the authorities quickly. The police explained that The immediacy in the detection of the crime committed facilitates its investigation.

Spain has not been a stranger to the recent cryptocurrency boom. Local media reported that tribunals were being flooded with crypto-related cases last June. But the crypto fever has not permeated to the highest spheres of investing. As of May, the biggest asset managers in Spain were still reluctant about investing in crypto.

What do you think about the National Police warning of cryptocurrency investment scams in Spain? Tell us in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Read more here:
National Police in Spain Warn of Surge in Cryptocurrency-Related Scams Bitcoin News - Bitcoin News

Posted in Cryptocurrency | Comments Off on National Police in Spain Warn of Surge in Cryptocurrency-Related Scams Bitcoin News – Bitcoin News

Dogecoin Rises, Ethereum Falls: Know the Top 10 Cryptocurrency Prices on October 19, 2021 – Analytics Insight

Posted: at 9:50 pm

Dogecoin Rises, Ethereum Falls: Know the Top 10 Cryptocurrency Prices on October 19, 2021

Bitcoin has reached the highest record of all times while Ethereum has fallen today. Investors should keep an eye on the current cryptocurrency prices before investing sufficient money in one of the popular cryptocurrencies. Extensive research is needed on whether the cryptocurrency price will again hit a record or drastically fall down in the nearby future.

Analytics Insight lists the top 10 current cryptocurrency prices on October 19, 2021

Bitcoin (BTC)- US$62,481.72 (up by 0.57%)

Ethereum (ETH)- US$3,822.28 (down by 0.74%)

Binance Coin (BNB)- US$496.21 (up by 5.36%)

Cardano (ADA)- US$2.14 (up by 0.14%)

Tether (USDT)- US$0.9998 (up by 0.03%)

XRP (XRP)- US$1.10 (up by 0.62%)

Solana (SOL)- US$158.42 (down by 0.76%)

Polkadot (DOT)- US$41.24 (down by 2.90%)

Dogecoin (DOGE)- US$0.252 (up by 4.59%)

USD Coin (USDC)- US$0.9998 (up by 0.00%)

According to CoinMarketCap, the global crypto-market cap is US$2.51T with a volume of US$99.93 billion over the last 24 hours with an increase of 13.23%.

Share This ArticleDo the sharing thingy

About AuthorMore info about author

Read the original:
Dogecoin Rises, Ethereum Falls: Know the Top 10 Cryptocurrency Prices on October 19, 2021 - Analytics Insight

Posted in Cryptocurrency | Comments Off on Dogecoin Rises, Ethereum Falls: Know the Top 10 Cryptocurrency Prices on October 19, 2021 – Analytics Insight

Cryptocurrency Price Indexes, Explained | by ICO News …

Posted: October 17, 2021 at 5:49 pm

1.

Its a website or platform that lists the price and capitalization info of various cryptocurrencies.

Popular examples are CoinMarketCap, WorldCoinIndex and CryptoCompare. These sites are mainly used for the instant price information they provide on multiple cryptocurrencies but are also a good source of information for benchmarking, monitoring and comparing the growth of the various cryptocurrency assets.

Depending on the listing criteria of individual price indexes, they might provide details on all coins and tokens available on the market or just certain ones which comply with the criteria, such as being available on public exchanges with a sufficient level of trading volume.

Most reputable crypto price indexes will, however, list the majority of coins available on the market and are, therefore, a good way of keeping your finger on the pulse of the entire cryptocurrency market at any given time, without having to manually compile data from hundreds of individual cryptocurrency exchanges.

2.

It is essentially the same principal.

Both indicate the financial health of an industry in which an investor has invested.

The biggest difference is, of course, the fact that traditional stock market indexes list the price info for shares in companies while crypto indexes list price info for cryptocurrency assets of the various blockchain-based networks.

Another difference is, where cryptocurrency price indexes tend to list the majority of crypto tokens available on the open market, traditional stock market indexes will only list a limited number of stocks, with some common denominator between them usually type of sector or size of company. These indexes are often seen as a snapshot to help investors gauge the health of the overall market.

The Standard & Poors 500 Index (S&P 500) in the United States lists the 500 largest U.S. companies by market value, while the Financial Times Stock Exchange 100 (FTSE 100) is composed of 100 of the largest companies listed on the London Stock Exchange (by market capitalization).

On the other hand, the FTSE techMARK 100 represents only the top 100 innovative technology companies from the London Stock Exchange while the S&P Global 1200 Information Technology Index lists only companies in the IT sector.

3.

The focus is on price and trading-related information.

Commonly, you will find the current market price of the respective cryptocurrencies, the market cap i.e., the current price multiplied by the circulating supply and the 24H Volume, which is the total trading volume of the specific coin across the various markets in the last 24 hours.

You can generally also click on individual coins to find more detailed information. This could include the current circulating and maximum supplies of the cryptocurrency, a graph that tracks the price performance over time and a list of all the markets or exchanges in which the coin can be traded.

Although this is some of the common information you can expect to find, every platform is different and will provide different information, depending on their user base. If a specific index targets day traders, for example, it might display the highest and lowest price a coin has achieved over the last 24 hours, while another platform that is more attuned to the needs of long-term investors might provide information on specific features of the coin, such as whether it is a proof-of-work (PoW) or proof-of-stake (PoS) coin, whether it is focussed on remittance or tokenization of assets, etc.

4.

The most common data sources are cryptocurrency exchanges.

Cryptocurrency exchanges are ground zero for the majority of trading activity. It is where the price of a coin gets established, depending on the buy and sell price traders are willing to accept at any one point in that specific market. Exchange prices are therefore the most accurate representation of a coins achievable market value and the best place to glean data from.

Prices might vary slightly from exchange to exchange, depending on the specific market, so crypto price indexes will generally collect data from multiple exchanges to get the most accurate price. You can see which exchanges an index used to collect data from by clicking on the markets tab of a specific coin. This will display a list of exchanges the coin is traded on and from where the index has gathered the information.

A commonly traded coin, like Bitcoin, will have several hundred markets, while IOTA although still a popular coin can have as little as 30 markets.

The exchanges make trading data available through open APIs (Application Programming Interface) that makes it easy for indexes to collect the necessary data.

An API is simply a mechanism that enables different software to communicate and exchange data or messages in a standard format. Its like a messenger running back and forth between applications, databases and devices to create a connection and deliver data.

5.

The type of data will depend on what type of information the index wants to make available to users.

Apart from obvious information such as the trade price and trade amount of specific transactions, common data elements include:

Unique cryptocurrency symbols to identify the various coins e.g., BTC or XRP.

Unique trade identifiers used to establish trade volume.

Records the exact time a trade transaction took place and is used for various purposes, including for real-time pricing info, accurate opening-high low-closing (OHLC) data and precise 24-hour trading volume.

Up to date exchange rates between BTC/USD or ETH/USD but also between the various crypto asset classes and available trading pairs, such as BTC/ETH, ETH/XRP, etc.

This list is by no means exhaustive but serves to provide an overview of the kind of data cryptocurrency price indexes use in their listings.

6.

Indexes will typically use a 24-hour volume weighted average (VWA) to calculate prices.

This method gives you the average price at which a cryptocurrency is traded over the trading period.

Mathematically it can be presented as follow:

(Wikipedia)

The defined period of time here is a continuous or rolling 24-hour timeframe, which means the displayed prices are constantly updated.

7.

It provides a good representation of the overall market condition and position.

However, you will often see the same cryptocurrency listed at a different priceon different indexes. The reason for this is because individual index platforms will gather information from a wide variety of different exchanges.

The various exchanges trade in different markets against different fiat currencies (USD, EUR, GBP, JPY, etc.). Depending on the market, the trading volume, how liquid a coin is, what transaction fees the exchange charges and how often the API requests and sends information every two, five or 10 seconds, for example will all influence the price calculation on the actual cryptocurrency index.

To put an exact value on a coin at any one time across all markets would therefore not be an easy task, nor would it really be necessary, as long as you know that the price on the exchange youre trading on is accurate for that specific market.

Read more from the original source:
Cryptocurrency Price Indexes, Explained | by ICO News ...

Posted in Cryptocurrency | Comments Off on Cryptocurrency Price Indexes, Explained | by ICO News …

Cryptocurrency Investing | Robinhood

Posted: at 5:49 pm

Your cryptocurrency assets arent part of your Robinhood Financial account. Your brokerage account is with Robinhood Financial LLC and allows trading of stocks, ETFs and options, while cryptocurrency trading is done through an account with Robinhood Crypto, LLC. Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services, as well as a number of other state money service business regulators. Robinhood Crypto is not a member of the Financial Industry Regulatory Authority (FINRA) or the Securities Investor Protection Corporation (SIPC). Cryptocurrencies are not stocks and your cryptocurrency investments are not products protected by either FDIC or SIPC. Robinhood Financial, LLC and Robinhood Crypto, LLC are wholly-owned subsidiaries of Robinhood Markets, Inc.

For these reasons, you can trade cryptocurrencies on Robinhood with a Cash, Instant, or Gold account.

If your Robinhood Financial account is restricted for any reason, your Robinhood Crypto account may also be restricted. You will not be able to trade cryptocurrencies until the restriction on your Robinhood Financial account is lifted.

More:
Cryptocurrency Investing | Robinhood

Posted in Cryptocurrency | Comments Off on Cryptocurrency Investing | Robinhood

Steam Bans Games With NFTs and Cryptocurrency – PVP Live

Posted: at 5:49 pm

Not only is cryptocurrency a hot topic in general, but it is also a hot topic in the video game industry. An increasing number of games promote their blockchain connections or hint at ways to award cryptocurrency or NFT prizes.

Despite a vocal minority of crypto-fans, the technology remains highly contentious due to environmental concerns, market volatility, and seemingly incessant scams. Its perhaps not surprising, then, that Valve has decided to prohibit the sale of blockchain games on Steam.

SpacePirate Games, the creators of Age of Rust, have announced the news. Age of Rust is a blockchain-integrated adventure game in which players can earn NFTs by solving puzzles. SpacePirate Games claims in a Twitter thread that they were clear and communicative with Valve about the nature of the game, only to be told that Age of Rust would be removed from Steam. According to SpacePirate Games, Steam does not allow games to include items with a real-world value on the platform.

In its first tweet, SpacePirate Games links to a list of Steam Rules and Guidelines, which includes 13 rules about what should and should not be published on Steam. The rules are mostly standard, prohibiting hate speech, sexually explicit images of real people, and content that is illegal in certain regions.

The most recent rule, rule thirteen, is unique to blockchain technology. It states that no applications based on blockchain technology that issue or allow the exchange of cryptocurrencies or NFTs should be published on Steam.

Its unclear when Valve officially banned games that use cryptocurrency or NFTs. The rules and guidelines may have been updated some time ago, but they are only now receiving attention. In the past, Valve has had a tumultuous relationship with cryptocurrency.

Valve announced in 2017 that it would no longer accept Bitcoin as a payment method due to the volatility of transaction costs. After a year, Valve banned a developer whose game secretly mined cryptocurrency.

To summarize, Valve has reason to be concerned about the nature of blockchain technology in video games and the intentions of the creators who use it. However, Valve has not issued an official statement regarding the prohibition of games that use cryptocurrency or NFTs. As a result, the reasons for its decision are unclear.

On the one hand, it is undeniably true that blockchain technology can and has been used to defraud video game players. On the other hand, Valve allows real-money items in its games, such as Team Fortress 2 and Counter-Strike: Global Offensive cosmetics.

More here:
Steam Bans Games With NFTs and Cryptocurrency - PVP Live

Posted in Cryptocurrency | Comments Off on Steam Bans Games With NFTs and Cryptocurrency – PVP Live

Cryptocurrency Prices Today on October 16: Bitcoin over $61,000 – Moneycontrol.com

Posted: at 5:49 pm

Cryptocurrency (Representative image)

Cryptocurrency prices continue to be in the green on October 16. The global cryptocurrency market cap is $2.48 trillion, a 4.52 percent increase over the last day, while the total crypto market volume over the last 24 hours is $132.29 billion, which makes a 34.73 percent increase.

Bitcoin's price is currently $61,348 and its dominance is currently 46.60 percent, an increase of 1.15 percent over the day.

Bitcoin topped $60,000 for the first time in six months on October 15, nearing its all-time high, as hopes grew that U.S. regulators would allow a futures-based exchange-traded fund (ETF), a move likely to open the path to wider investment in digital assets.

Cryptocurrency investors have been waiting for approval of the first U.S. ETF for bitcoin, with bets on such a move fuelling its recent rally.

The world's biggest cryptocurrency rose to $61,869.05, its highest since mid-April, and was last up 6.9% at $61,346. It has risen by more than half since Sept. 20 and is closing in on its record high of $64,895 hit in April.

The U.S. Securities and Exchange Commission (SEC) is set to allow the first American bitcoin futures ETF to begin trading next week, Bloomberg News reported on Thursday. Such a move would open a new path for investors to gain exposure to the emerging asset, according to traders and analysts.

"Crypto ETFs are inevitable. A product like this will eventually come to fruition since there is a demand for it," said Chris Kline, chief operating officer and co-founder of Bitcoin IRA.

"It seems clear that regulators will approve some version of a crypto ETF soon, most likely by Monday," Kline added. "As regulators become more familiar with the space, the SEC is starting to understand how these assets are stored, secured and reconciled so that it makes sense in traditional finance."

See the article here:
Cryptocurrency Prices Today on October 16: Bitcoin over $61,000 - Moneycontrol.com

Posted in Cryptocurrency | Comments Off on Cryptocurrency Prices Today on October 16: Bitcoin over $61,000 – Moneycontrol.com

Treasury Analysis Identifies Cryptocurrency Exchanges Associated With Ransomware – Nextgov

Posted: at 5:49 pm

Cookie List

A cookie is a small piece of data (text file) that a website when visited by a user asks your browser to store on your device in order to remember information about you, such as your language preference or login information. Those cookies are set by us and called first-party cookies. We also use third-party cookies which are cookies from a domain different than the domain of the website you are visiting for our advertising and marketing efforts. More specifically, we use cookies and other tracking technologies for the following purposes:

Strictly Necessary Cookies

We do not allow you to opt-out of our certain cookies, as they are necessary to ensure the proper functioning of our website (such as prompting our cookie banner and remembering your privacy choices) and/or to monitor site performance. These cookies are not used in a way that constitutes a sale of your data under the CCPA. You can set your browser to block or alert you about these cookies, but some parts of the site will not work as intended if you do so. You can usually find these settings in the Options or Preferences menu of your browser. Visit http://www.allaboutcookies.org to learn more.

Functional Cookies

We do not allow you to opt-out of our certain cookies, as they are necessary to ensure the proper functioning of our website (such as prompting our cookie banner and remembering your privacy choices) and/or to monitor site performance. These cookies are not used in a way that constitutes a sale of your data under the CCPA. You can set your browser to block or alert you about these cookies, but some parts of the site will not work as intended if you do so. You can usually find these settings in the Options or Preferences menu of your browser. Visit http://www.allaboutcookies.org to learn more.

Performance Cookies

We do not allow you to opt-out of our certain cookies, as they are necessary to ensure the proper functioning of our website (such as prompting our cookie banner and remembering your privacy choices) and/or to monitor site performance. These cookies are not used in a way that constitutes a sale of your data under the CCPA. You can set your browser to block or alert you about these cookies, but some parts of the site will not work as intended if you do so. You can usually find these settings in the Options or Preferences menu of your browser. Visit http://www.allaboutcookies.org to learn more.

Sale of Personal Data

We also use cookies to personalize your experience on our websites, including by determining the most relevant content and advertisements to show you, and to monitor site traffic and performance, so that we may improve our websites and your experience. You may opt out of our use of such cookies (and the associated sale of your Personal Information) by using this toggle switch. You will still see some advertising, regardless of your selection. Because we do not track you across different devices, browsers and GEMG properties, your selection will take effect only on this browser, this device and this website.

Social Media Cookies

We also use cookies to personalize your experience on our websites, including by determining the most relevant content and advertisements to show you, and to monitor site traffic and performance, so that we may improve our websites and your experience. You may opt out of our use of such cookies (and the associated sale of your Personal Information) by using this toggle switch. You will still see some advertising, regardless of your selection. Because we do not track you across different devices, browsers and GEMG properties, your selection will take effect only on this browser, this device and this website.

Targeting Cookies

We also use cookies to personalize your experience on our websites, including by determining the most relevant content and advertisements to show you, and to monitor site traffic and performance, so that we may improve our websites and your experience. You may opt out of our use of such cookies (and the associated sale of your Personal Information) by using this toggle switch. You will still see some advertising, regardless of your selection. Because we do not track you across different devices, browsers and GEMG properties, your selection will take effect only on this browser, this device and this website.

Read the original:
Treasury Analysis Identifies Cryptocurrency Exchanges Associated With Ransomware - Nextgov

Posted in Cryptocurrency | Comments Off on Treasury Analysis Identifies Cryptocurrency Exchanges Associated With Ransomware – Nextgov

Page 79«..1020..78798081..90100..»