Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Monero [XMR] may not be among the top 10 cryptocurrencies, but it has been moving in sync with the largest digital asset, Bitcoin. At the time of writing, the Read more…
Ethereum has seen some turbulence throughout the past day thanks to its close correlation with Bitcoin While ETH was able to set a fresh post-2017 high yesterday evening, it lost its momentum and has since slid lower It is still showing some signs of strength, however, and where it trends Read more…
Eight members of Congress have sent a letter to Treasury Secretary Steve Mnuchin expressing concern over the shortened comment period for the Treasury’s recently proposed rule for virtual currency transactions. The Financial Crimes Enforcement Network (FinCEN) issued a notice of proposed rulemaking that would require more stringent know-your-customer and reporting Read more…
Yassine Elmandjra, analyst at global asset manager Ark Invest, thinks XRP’s price plummet will make Bitcoin stronger. In a new interview, Elmandjra tells Coindesk anchor Christine Lee that he thinks altcoins could suffer alongside Ripple’s native asset in the short term. He says Bitcoin, however, will improve in the long Read more…
While XRP’s fate is undecided yet, a similar legal action against Tether would be a major blow to other major stabecoins. Source Author: Aziz Abdel-Qader
The crypto job sector has seriously grown over the past few years. There is now an unprecedented need for developers, designers and executives in the crypto space, and with a little help from Black Rock – one of the largest investment firms in the world – it looks like things Read more…
The Financial Crimes Enforcement Network wants U.S. persons who hold crypto in offshore accounts to report holdings over $10,000. Source Author: Danny Nelson
Lessons from cash, features needed for CBDCs. Source Author: Vipin Bharathan, Contributor
Over the past few weeks, Chainlink’s price action has been nothing short of lackluster, with the cryptocurrency failing to gain any serious momentum as investors widely shift their focus away from altcoins and towards Bitcoin. This trend shows few signs of letting up anytime soon, as most major altcoins are Read more…
Once more into the breach, dear friends! Investment firm VanEck has refiled its submission for a Bitcoin Exchange Traded Fund with the U.S. Securities and Exchange Commission, one year after it withdrew its previous application. VanEck withdrew its last attempt at an ETF on September 17, 2019, after several attempts Read more…
The amount of “lost” or “Hodled” Bitcoin just hit a new low—and now stands at 7,252,161.786 BTC, according to data metrics site Glassnode. That’s $209 billion-worth of the cryptocurrency at today’s price. Since the bull run kicked off this year, the number of “lost” or HODLed coins has been increasing Read more…
A new year is upon us. 2020 is finally coming to a long-awaited end, along with the craziness that came with it. This year bitcoin rose to new heights, and the currency appears to have garnered a newfound reputation as a store of value. Many see it as a hedge Read more…
Following a couple of unsuccessful attempts, the New York City-based giant asset manager VanEck has filed another document with the SEC to launch a Bitcoin ETF. If successful, the VanEck Bitcoin Trust would reflect the performance of the MVIS CryptoCompare Bitcoin Benchmark Rate. VanEck Tries Again For A BTC ETF Read more…
Today is the last day of 2020 — a year so many are ready to say goodbye to and never look back at. But for Bitcoin, the cryptocurrency is about to close out its most important year yet. At the same time, the asset also closes the last ten years Read more…
The SEC’s lawsuit also promoted social network eToro and FXOpen to join the ranks of platforms suspending XRP trading Source Author: Aziz Abdel-Qader
Tokyo-based tech conglomerate GMO Internet Group has just been authorized by the New York State Department of Financial Services (DFS) to issue stablecoins pegged to the U.S. dollar and Japanese yen. Joining 27 companies that have been granted BitLicenses by the DFS, GMO can now launch its USD-pegged (ZUSD) and Read more…
It’s been an blockbuster year for the digital asset market with bitcoin soaring to all-time-highs above $29,000 for the first time. Bitcoin’s more than 300% gain in 2020 has been coupled with similar gains in the stock of publicly traded firms in crypto. Firms with businesses in the crypto market, Read more…
Bitcoin saw a massive rally yesterday evening that allowed it to set fresh all-time highs above $29,000 The cryptocurrency did meet some serious selling pressure here that slowed its ascent and caused it to decline back down towards $28,000 It does appear to be finding some support here, but it Read more…
Social trading platform eToro has become the latest firm to suspend XRP trading following the U.S. Securities and Exchange commission’s lawsuit against Ripple Labs over the sale of the cryptocurrency. In an update, eToro’s team cited the lawsuit as the reason for the suspension, but stressed that the move will, Read more…
Tweet Share Share Multinomial logistic regression is an extension of logistic regression that adds native support for multi-class classification problems. Logistic regression, by default, is limited to two-class classification problems. Some extensions like one-vs-rest can allow logistic regression to be used for multi-class classification problems, although they require that the Read more…
Bitcoin is bidding adieu to 2020. Here comes 2021, and while the past 12 months have certainly been difficult for people around the world, bitcoin has had one heck of a time. The currency has risen to new heights, has gained extensive attention and respect from institutional players, and is Read more…
The move comes a little over three months after the US-listed company set up subsidiaries in Australia. Source Author: Aziz Abdel-Qader
The Velo Labs team is incredibly proud to reveal that two of Velo Labs’ partners successfully completed the 1st-ever live transaction using Velo Labs’ Federated Credit Exchange Network (FCX)! This historic transaction took place between two pioneers of the modern fintech landscape: Lightnet Group and SEBA Bank. On this seminal Read more…
2020 has been an interesting year. To say anything else would be an understatement. The global COVID-19 pandemic took the entire world by a storm and changed the lives of millions of people. This had a direct impact on all industries and markets. Cryptocurrencies were absolutely no exception. 2020 had Read more…
2020 has been a year of great progress for cryptocurrencies. However, the same cannot be said for crypto-businesses, with these entities facing certain roadblocks this year. A recent example of the same would have to be the lawsuit filed by the United States Securities and Exchange Commission [SEC] against Ripple. Read more…
After successfully launched a bitcoin exchange-traded product in Europe, Vaneck has now filed a new proposal for a bitcoin exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). Under former chairman Jay Clayton, the SEC never approved a bitcoin ETF. However, Clayton has resigned from his post and Read more…
Summary: Ethereum has more potential for growth and could provide substantial gains in 2021 Ethereum is already up 469% in 2020 compared to Bitcoin’s 281% ETH is still discounted if it is to retest its all-time high next year Ethereum has formed an ascending triangle that could push it to Read more…
PRESS RELEASE. Securypto trade will open on Bilaxy on 1 January, 2021 and all indicators say that it will start off strong given the high demand for it alongside the low circulation of the coin as pointed out by Securypto team. There will be only 410,000 coins available for sale Read more…
The future of money will be a tussle between algorythmic and fiat-pegged stablecoins and central bank digital currency experiments. Source Author: Sasha Ivanov
It’s been a meteoric year for Polkadot, the blockchain interoperability project that connects multiple blockchains into a single network. Having started the year as an outlier in the crypto world, its DOT token today increased to $8.02 at 9:45 am UTC. Its current market cap, $7.2 billion, has surpassed the Read more…