Bitcoin exchange-traded fund (ETF) continues to be the most eagerly awaited decision from the U.S. SEC. In the U.S., eight firms have tried without success since 2013 to create a bitcoin ETF. SEC has been hesitant to approve the Bitcoin ETF, while other countries have embraced and launched it. Recently, Canada’s securities...
Today’s trading landscape is primarily dominated by a few large players, predominantly Coinbase, Kraken, Bithumb, Huobi, Bitfinex, and Binance. While centralized trading has been widely popular, it’s not the new financial ecosystem most crypto enthusiasts and entrepreneurs are hoping to achieve. With Decentralized finance (Defi) gaining ground in 2020 and...
In an era of technological advancement where the entire world is talking about the “Internet of Things” whereby we are expected to have connectivity between anything and everything, Currency cannot be left behind. Paper currency is bound to be a thing of the past. And virtual currencies will start taking...
Cryptocurrency-related crime fell significantly in 2020, according to the data from Chainalysis. In 2019, criminal activity represented 2.1% of all cryptocurrency transaction volume or roughly $21.4 billion worth of transfers. In 2020, the criminal share of all cryptocurrency activity fell to just 0.34% or $10.0 billion in transaction volume. According...
Trends that will mark digital payment methods in 2021: more security, less cash, and biometric systems. The way we make payments has evolved quite dramatically over the past 20 years. There was a time when cold hard cash was the only way to buy goods and services. However, it is...
It’s frustrating. But also interesting. Over the last few weeks, I’ve heard two-valued investment managers say they don’t believe in the supply limit for bitcoin. If it’s easy for you to scroll through bitcoin, they argue, then there’s really no limit. Most of you, when you read it, draw eyes...
There are trillions of web pages, however, gathering the information that matters to the users is a challenge. Current websites typically have static information or user-driven content, such as forums and social media. While this allows publishing information to a broad group of people, it may not cater to a...
The U.S. Treasury Department’s financial crimes unit – FinCEN – is seeking to address gaps in cryptocurrency transaction reporting by requiring financial institutions and crypto exchanges to report the movement of crypto funds above certain amounts. Under the new proposed rule from the Financial Crimes Enforcement Network (FinCEN), financial institutions...
Efforts to recover from COVID-19 have triggered a tsunami of innovations in work, collaboration, and service delivery – and shifted many customer behaviors, habits, and expectations. It has accelerated our transition into the age of the Fourth Industrial Revolution (i.e. Digital transformation). Blockchain technology among other technologies – AI, IoT,...
The cryptocurrency market is experiencing the return of bears. For over two weeks, Bitcoin is holding in extreme danger zones. With the largest cryptocurrency trading under crucial support levels, the traders are mostly cautious regarding the near-term price trend of Bitcoin, seemingly waiting for Bitcoin (BTC) to establish a clear...
