Financial Industry News
Swiss crypto broker Bitcoin Suisse has purchased a minority stake of CoinRoutes Inc., a provider of pan-exchange smart order routing and algorithmic trading software. The investment and a new director Bitcoin Suisse announced the news on Oct. 22, specifying that it acquired a $3 million share of CoinRoutes. Niklas Nikolajsen, the chairman of the Bitcoin […]
Continue ReadingBitcoin (BTC) has been caught in the throes of consolidation for the past several weeks and months, and it has failed to garner any momentum in either direction in the time since it plummeted below $10,000. This period of consolidation may soon be coming to an end, however, as one technical indicator is elucidating that […]
Continue ReadingChangpeng Zhao, CEO of major cryptocurrency exchange Binance, named Russian President Vladimir Putin as the most influential person in the blockchain industry. Cooperation with the Russian gov’t On Oct. 22, in an article on RBC News, Zhao, also known as CZ within the crypto community, pointed to Russian President Vladimir Putin as the most influential […]
Continue ReadingThis week there is an opportunity for the Invesco QQQ Trust (NASDAQ:QQQ) to out-perform because of the earnings earnings of lineup of major blue-chips like Microsoft (NASDAQ:MSFT) and Amazon (NASDAQ:AMZN). The Nasdaq hosts some of the most exciting companies in the world, and this often translates into big gains during bull markets. This year, QQQ […]
Continue ReadingThe German finance ministry has stated that criminal use of Monero (XMR) and Zcash (ZEC) is rising. In a recent report, it argued that use of anonymous crypto assets might one day replace that of Bitcoin on the dark web. The report is careful to highlight differences between different crypto assets. Whereas blockchain forensics firms […]
Continue ReadingUnited States Congress is considering a draft bill that claims all managed stablecoins must be seen as investment contracts and therefore as securities. Libra in the United States The U.S. Representative for Texas’s 29th congressional district, Sylvia Garcia, introduced a draft bill to the House Financial Services Committee on Oct. 18. The draft bill, called […]
Continue ReadingAlgorand has been certified as sharia-compliant, the company said Monday. The certification was provided by Bahrain-based Shariya Review Bureau (SRB) and indicates that the Algorand platform adheres to the tenants of Islamic law. It could open up the platform and its features to a global network of observant Islamic investors estimated to be worth more […]
Continue ReadingCristiano Ronaldo incurred a substantial pay cut last year when he left Real Madrid for a new challenge with Juventus. Don’t feel too bad for the pride of Portugal, though. Not only does his contract with the Serie A power keep Ronaldo among the highest-paid footballers in the world, but he also enjoys a steady, […]
Continue ReadingAfter incurring an influx of buying pressure yesterday, Bitcoin has been able to sustain its upwards momentum and has not faced any notable retrace in the time since its recent surge, which may point to growing strength amongst BTC’s bulls. One prominent cryptocurrency analyst is now noting that he anticipates BTC to see further upside […]
Continue ReadingWhen NFL fans argue about the greatest football coach of all time, New England Patriots head coach Bill Belichick is always high on the list—and with good reason. To keep a team playing at the level the Patriots have for so many years is an incredible feat. To do so, despite a revolving door of […]
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