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The number of the U.K. Financial Conduct Authority’s investigations into crypto businesses surges 74%: from 50 cases in 2018 to 87 already in 2019. The Financial Conduct Authority (FCA), the United Kingdom’s primary financial regulator, has seen a 74% rise in crypto-related investigations in 2019 so far. A local law firm reveals the dataAccording to London-based law firm Pinsent Masons’ data, the number of the FCA’s investigations into cryptocurrency businesses has surged from 50 cases in 2018 to 87 cases in 2019, according to the Financial Times’ report on Oct. 7. The outlet notes that this number includes both early-stage scrutiny and extensive enforcement investigations. Crypto can benefit from increased scrutinyDavid Heffron, a partner at Pinsent Masons, stated that the increased scrutiny from the FCA demonstrates the regulator’s “increasingly hands-on and no-nonsense approach to enforcing the law in the cryptocurrency market.” Heffron also noted that the surge in the number of cr..
United States-based crypto exchange Coinbase announces another trading fees increase on its professional platform Coinbase Pro. Major United States-based crypto exchange and wallet service provider Coinbase has announced that it will increase trading fees again on its professional platform Coinbase Pro. Maker fees for trades under $10K surge over 200%Starting from Oct. 7, Coinbase Pro will adopt a new fee structure that will cause its maker trading fees for low tier — $10,000 and below — to surge as high as 233%, according to the update posted on Oct. 3. Following another surge in March 2019, Coinbase Pro currently charges all accounts trading under $100,000 with a 0.15% maker fee and a 0.25% taker fee. After Oct. 7, trades of $10,000 and lower will see maker fees increase by 233% — from 0.15% to 0.50%, according to the announcement. Taker fees within the tier will surge 100% — from 0.25% to 0.5%. New Coinbase Pro maker and taker fees. Source: Coinbase Maker-taker model on Coinbase ..
Ethereum Price Prediction 2019 – The waters of the cryptocurrency market remain choppy as coins are still bowing under bearish pressure. Every marginal increment made by the cryptocurrency coins has been met by larger slides as the coins oscillate and dance to an unpleasant beat. For most coins, researchers and analysts see dark days ahead. Ethereum News Today – Ethereum Price Prediction 2019 – Ethereum Price Analysis – Ethereum Primed For A Bull Run Ethereum ETH began the past week on a positive tone has it tried to rise above the $240 level earlier imposed on it by the market. It successfully made the climb but as the story of every coin in recent days, the momentum couldn’t be kept and the ETH slipped back. the ETH couldn’t hold above the $235 and fell below the $230 support level. The dip didn’t end there as the coin slipped below the crucial support level of $220. A bullish attempt to raise the coin to $224 failed and led to the ETH crashing to the $200 support level. The coin wa..
The first cryptocurrency has seen an upward movement in the past several days. The price of the token shot up to $11,800 on August 5 and eventually hit over $12,000 on August 6. Bitcoin has been witnessing a downturn since April 2017. However, it recorded a local high of $13,800 on June 2019. Despite the increasing fears of a global recession and the worsening China-US trade war, Bitcoin isn’t showing any signs of weariness today. However, there may be drivers for the recent 10% gain in Bitcoin. Bitcoin Latest Update – Bitcoin Price Prediction – Bitcoin Prediction 2019 – Bitcoin News Today- Bitcoin Latest 10% Gain Some factors may be responsible for Bitcoin’s upward movement today. In addition to Tether’s expansion on multiple blockchains, sociopolitical tensions around the world are likely to have contributed to the Bitcoin’s bull rally. Tether supports Bitcoin as its migration to blockchains such as EOS, Liquid, and Tron is creating worries in the crypto sphere. Bitcoin (BTC) Price..
Bitcoin is hovering under $12,000 while major altcoins are seeing minor gains on the day. Tuesday, July 30 — The number one cryptocurrency, Bitcoin (BTC), appears to have stabilized shy of $12,000 after quickly retaking $11,000 in a rally this weekend. Ether (ETH) and XRP are seeing slight gains at press time. Market visualization. Source: Coin360 Bitcoin is trading around $11,700 at press time, with a 3.3% gain on the day. Bitcoin shot up quickly to over $11,500 within about four hours on Sunday, Aug. 4, subsequently reaching $11,800 on Aug. 5, but has subsequently settled a little lower at press time. Bitcoin 7-day price chart. Source: Coin360 The number two cryptocurrency, Ether, has seen mild gains on the day, currently trading at over $229.29 with a 1.38% gain on the day. On the week, the coin is up by over 10%. As previously reported by Cointelegraph, the institutional cryptocurrency exchange San Francisco Open Exchange recently suggested that Ether may be close to losing its..
British exchange and trading social network eToro has listed Tezos, while the coin has seen a price surge of almost 50% on the week. EToro, a United Kingdom-based exchange and social network for investors and traders, has rolled out trading support for Tezos (XTZ) on Aug. 5. As eToro tweeted today, Tezos, the 16th-top cryptocurrency by market capitalization, is now available for trading on the platform. According to a press release, Tezos has become the 15th crypto asset to join eToro, following Bitcoin (BTC), Ether (ETH), XRP, Bitcoin Cash (BCH), Litecoin (LTC), Ethereum Classic (ETC), Dash (DASH), Stellar (XLM), NEO, EOS, Cardano (ADA), IOTA (MIOTA), ZCash (ZEC) and Tron (TRX). EToro co-founder and CEO Yoni Assia said that Tezos is making progress, stressing that some banks are already choosing the Tezos blockchain to issue security token offerings. In the press release, Assia emphasized that the new move was a part of eToro’s mission to allow investors to get access to more assets,..
Bitcoin News Today – Bitcoin had a terrible weekend. The price of the flagship cryptocurrency along with every other cryptocurrency in the market was bleeding out. The cryptocurrency presently is stuck at a $10,000 price level, as it has lost five digits severally in a couple of weeks. The recent price trend has left many querying the future of BTC, and the length at which the crypto market will decline. The current price trend is in opposition to the Bitcoin’s latest prediction posted on twitter a few weeks ago. The Bitcoin price prediction is still bullish for the rest of the year. Bitcoin Price Prediction 2019 – Bitcoin Prediction 2019 – Bitcoin Price Analysis – Prominent Investors Predict a BTC Surge to $20,000 by the End of the Year for BTC The chief executive of the crypto merchant bank, Galaxy Digital, Mike Novogratz, recently addressed these questions in an interview with Bloomberg’s Business News Network in Canada. He is unshaken by Bitcoin Price decline. Bitcoin (BTC) Price..
Ethereum News Update -The ICO boom in 2017 led to the rise of Ethereum. Then Bitcoin made a rapid rise to stardom. During this period, thousands of crypto projects created their decentralized assets on the Ethereum blockchain. The creation of these ERC-20 altcoins increased the demand for the blockchain’s native token, ETH. Consequently, the token’s price soared to as high as $1,420 per ETH. Ethereum News Today – Ethereum Latest Update – Ethereum Price Prediction- Bitcoin’s Recovery Against Ethereum The hype of the new industry and the influx of capital from retail investors, who anticipated high returns were the major triggers of the 2017’s ICO mania. However, the ICO boom ended soon as some of the Ethereum-based blockchain startups were either scams or crashed. Tokens of such unsuccessful projects drastically plunged when the bias flipped. This development had a negative effect on ETH as the demand for the token to be used for funding the ICOs declined. Consequently, Ethereum price..
In 2017, Bitcoin dropped from an all-time high of $20,000. Since then, a slight but significant increase in Bitcoin prices at regular intervals, usually send waves of enthusiasm among observers, investors as well as traders in the crypto market. In a reversible instance, a drop in Bitcoin prices usually send waves of panic in the crypto market. Cryptocurrency News Today – Bitcoin Price Prediction – Bitcoin News Today – Bitcoin Market Capitalization To Surge Above $1.5 Trillion? Bitcoin bulls are certain that Bitcoin’s market capitalization will be floating around $1.5 trillion by the end of 2020, from Bitcoin latest updates. This conviction is based on the fact that cryptocurrency awareness has greatly increased due to changes in the regulatory landscape, infrastructural investments, and the strong attention brought by Facebook’s Libra. Karim Heiden, a Bitcoin bull and a business developer in the crypto community, “a trillion-dollar market lies in the future implications of Bitcoin an..
Despite bitcoin’s recent price surge, the download count of crypto-related mobile applications has seen no increase compared to the first half of last year. Despite bitcoin’s (BTC) recent price surge, the download count of cryptocurrency-related mobile applications is not increasing, Bloomberg reports on June 28 Data form mobile app analytics firm App Annie shows that, while in the first half of 2018 there were 65.8 million cryptocurrency-related app downloads, in the first six months of this year there were 67 million, an increase of about 1.82%. This growth is not nearly as sharp as that reported in previous years, considering that the first half of 2017 saw 28.2 million crypto apps downloads from 2016’s 15.3 million, a 45% increase. Apps related to the industry were individuated by looking for apps including words like bitcoin, cryptocurrency, or blockchain in their description in the finance category of the Apple App Store or Google Play store. Bloomberg also notes that the numbe..