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Confirmed: Bitfinex Exchange Has Account On Dutch ING Bank

Dutch financial group ING (INGA.AS) has confirmed that Bitfinex, one of the world’s largest Bitcoin exchanges by daily trading volume, has a bank account with them in the Netherlands, Reuters reported Tuesday, Feb. 20.In an email to Reuters, ING spokesperson Harold Reusken confirmed that Bitfinex has a bank account with ING in the Netherlands. How Bitfinex was managing its banking affairs since

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Petro Gold Spawned After El Petro’s $735 Million Sales

Venezuelan president Maduro announces countries second commodity backed cryptocurrency ‘Petro Gold’ the day after ‘El Petro’s’ initial private sale raised $735 Million.Maduro Doubles Down With Petro GoldOnce again President Nicolas Maduro took the podium to announce a government-owned cryptocurrency. This time instead of oil its the Petro Gold which is to be backed by prec

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The Rising Need for Technology Revolution in Stock Photography Industry

Stock photography emerged in the beginning of the last century, and stock agencies have been mediating image sales at a hefty premium ever since. This industry was created by the middlemen, and just like decades ago, most of the money ends up in their hands.Whether reselling exclusive shots for magazines in the 1930s or licensing their vast online libraries for a subscription today, stock agencies

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US: Republican, Democrat Officials Calling For Crypto Regulation In Rare Show Of Unity

A bipartisan movement of US lawmakers are considering forming new legislation to regulate cryptocurrencies, prompted by the increasing interest - and therefore risk - in cryptocurrency worldwide, according to Reuters.There is currently no singular body in charge of overseeing cryptocurrencies in the US-- the responsibility is instead divided between individual states, the US Securities and Ex

CFTC Offers $100,000 Bounty to Crypto Pump-and-Dump Whistleblowers

Featured The US Commodity Futures Trading Commission (CFTC) has created a bounty to encourage whistleblowers coming forward in exposing “pump-and-dump” schemes. “Customers should not purchase virtual currencies, digital coins,” the CFTC warned, “or tokens based on social media tips or sudden price spikes. Thoroughly research virtual currenc

SEC Suspends Trading of Three Companies With Ties to Cryptocurrency

Regulation The U.S. Securities and Exchange Commission (SEC) has suspended trading in the stocks of three companies with ties to cryptocurrency. One of the three is also planning an initial coin offering. The SEC says it is concerned about the nature of the companies’ business operations and the value of their assets.Also read: Japan’s DMM B

Bitcoin Price Technical Analysis for 02/16/2018 – One More Hurdle to Clear

Bitcoin Price Key HighlightsBitcoin price has broken past its inverse head and shoulders pattern neckline to show that an uptrend is in the cards.Price is hitting another upside barrier at its descending trend line, though, and this might prompt profit-taking.Technical indicators are also suggesting that the rally is overdone.Bitcoin price is testing the descending trend line on its 4-hour time fr

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CFTC Advisory Committee Recommends Creation of Virtual Currency Subcommittee

On Wednesday, the U.S. Commodity Futures Trading Committee’s (CFTC) Technical Advisory Committee (TAC) held a public meeting at its Washington, D.C., headquarters. During the meeting, members of the Bitcoin and cryptoasset industry shared information regarding this emerging market and offered guidance on how the CFTC may approach regulating the space in 2018.Multiple participants in the public h

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We’re Back! – Bitcoin Price Back Above $10,000

The price of Bitcoin appears to be recovering well from the dramatic fall it experienced at the end of last year. The cost to buy a single unit of the world’s most popular cryptocurrency reached a two week high on Thursday, topping out at just above the $10,000 point. The second time passing, the five-digit psychological barrier seemed to offer little resistance as the price barely paused betwee

RealChain to Disrupt the Luxury Goods Purchasing of the Future

RealChain Foundation Ltd. has recently announced the launch of RealChain ecosystem, a blend of blockchain’s decentralized system and Artificial Intelligence (AI) image recognition technology. The platform’s concept is set to have futuristic implications for high-end consumer good’ purchasing based on blockchain & collection identification data center. The company’s RealChain Token (RCT

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