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Tag: Invest tech


Invest tech, Markets

Bitcoin, Ethereum Technical Analysis: BTC Moves Above $17,000 on Wednesday

November 30, 2022

Via: Bitcoin.com

Bitcoin Bitcoin (BTC) briefly rose above $17,000 in today’s session, as traders reacted to the latest U.S. consumer confidence report. Despite falling to a six-month low, the decline in confidence was less than expected, which was a relatively positive sign […]


Invest tech, RegTech

Crypto Exchange Kraken Settles With Treasury Department Over Sanctions Violations

November 30, 2022

Via: Bitcoin.com

Kraken Settles With OFAC The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced Monday a settlement with Payward Inc. (d/b/a Kraken), a Delaware-incorporated crypto exchange. The announcement states: ”Kraken agreed to remit $362,158.70 to settle its […]


Invest tech, Trading

Fidelity Investment Extends Cryptocurrency Trading Services to Retail Investors

November 29, 2022

Via: Investing.com

Fidelity Investment has taken another giant step towards providing cryptocurrency products for its customers. Recently, the firm announced the launching of Fidelity Crypto, a new cryptocurrency service for individual investors. It is worth noting that over 40 million Fidelity Investment […]


Blockchain, Crypto, Invest tech, Markets

NFT Sales Jumped 22% Higher This Month With $568 Million in NFTs Sold Across 20 Blockchains

November 29, 2022

Via: Bitcoin.com

NFT Sales Improved in November, Rising 22% Higher Than October’s Sales — BAYC Floor Surpasses Cryptopunks Roughly two weeks ago, Bitcoin.com News reported on the two blue chip NFT collections — Cryptopunks and Bored Ape Yacht Club (BAYC) NFTs. At […]


Invest tech, Markets

Bitcoin, Ethereum Technical Analysis: BTC, ETH Start Week Lower as Bearish Sentiment Returns to Markets

November 28, 2022

Via: Bitcoin.com

Bitcoin Bitcoin (BTC) fell for a fifth straight session on Monday, as the token moved closer to a breakout below $16,000. BTC/USD slipped to an intraday low of $16,086.36 to start the week, which comes less than 24 hours after […]


Invest tech, RegTech

FTX collapse put the Singapore government in a parliamentary hot seat

November 28, 2022

Via: Cointelegraph

The collapse of the now-bankrupt cryptocurrency exchange FTX has put the Singapore prime minister and the ruling government in a hot seat. Prime Minister Lee Hsien Loong and Deputy Prime Minister Lawrence Wong are set to face grilling questions for […]


Blockchain, Crypto

US Senators Urge Fidelity to Stop Offering Bitcoin in 401(k) Plans Citing FTX Collapse, ‘Serious Problems’ in Crypto Industry

November 22, 2022

Via: Bitcoin.com

Three U.S. senators sent a letter to Fidelity Investments CEO Abigail Johnson Monday regarding the financial services firm’s bitcoin offerings in 401(k) retirement plans. The letter was signed by senators Elizabeth Warren (D-MA), Richard J. Durbin (D-IL), and Tina Smith […]


Invest tech, Markets

Bitcoin, Ethereum Technical Analysis: BTC Below $16,000 Amid Increased Market Volatility

November 21, 2022

Via: Bitcoin.com

Bitcoin Bitcoin (BTC) slipped below $16,000 to start the week, as volatility in cryptocurrency markets continued to rise. Following a high of $16,590.42 on Sunday, BTC/USD dropped to an intraday low of $15,943.14 earlier today. The move pushed the world’s […]


Invest tech, Trading

FTX-owned Liquid exchange pauses all trading after withdrawal halt

November 21, 2022

Via: Investing.com

Liquid has suspended all trading operations on its platform in line with instructions from FTX Trading, the firm announced on Twitter on Nov. 20. The statement indicates that Liquid exchange paused “all forms of trading” because of the operation of […]


Invest tech, RegTech

US Treasury outlines fintech consumer protection recommendations

November 18, 2022

Via: FinTech Futures

The report details how new non-bank firms, in particular fintechs, are adding “significantly” to the number of firms competing in core consumer finance markets. To shore up consumer protection, the report recommends that oversight for these newer firms should be […]


Invest tech, Trading

FTX market aftershock reportedly causes Genesis Block to cease trading in Hong Kong

November 18, 2022

Via: Cointelegraph

In the wake of the recent FTX scandal, another crypto business is feeling the market effects. Genesis Block, a frontrunner for providing cryptocurrency retail services in Hong Kong, announced it will cease trading and shutter operations, according to reports. According […]


Invest tech, Markets

Bitcoin, Ethereum Technical Analysis: BTC Nears $17,000 Heading Into the Weekend

November 18, 2022

Via: Bitcoin.com

Bitcoin Bitcoin (BTC) rebounded on Friday, as the token moved towards the $17,000 mark heading into the weekend. Following a low of $16,479.99 in Thursday’s session, BTC/USD raced to an intraday high of $16,947.06 earlier today. The move sees BTC […]


Invest tech, Markets

Bitcoin, Ethereum Technical Analysis: BTC, ETH Decline as USD Strengthens Following Retail Sales Data

November 17, 2022

Via: Bitcoin.com

Bitcoin Bitcoin (BTC) fell for a second straight day, as markets continued to react to the latest U.S. retail sales report. Following the better than expected increase in consumer spending, BTC/USD slipped to a low of $16,430.11 earlier in today’s […]


InsurTech, Invest tech

Insurtech Bluezone gets reinsurance backing for life insurance solution

November 17, 2022

Via: Reinsurance News

Insurtech Bluezone has secured its first-choice global reinsurer to partner with as it remains on track to launch its first product in the first quarter of 2023. Fhandshakeollowing a successful £1.5 million seed investment round led by Insurtech Gateway earlier […]


Invest tech, Markets

Bitcoin, Ethereum Technical Analysis: ETH Lower, as Markets React to Missile Exploding in Poland

November 16, 2022

Via: Bitcoin.com

Bitcoin Bitcoin (BTC) was back in the red on Wednesday, as markets reacted cautiously to today’s news, which saw a war missile land in Poland. Following two consecutive days of gains, BTC/USD fell lower on hump-day, hitting an intraday low […]


Invest tech, RegTech

US Lawmaker Urges SEC to ‘Take Decisive Action’ to Regulate Crypto Industry — Plans to Examine Options for Federal Legislation

November 16, 2022

Via: Bitcoin.com

Rep. Brad Sherman on Cryptocurrency Regulation Congressman Brad Sherman (D-CA), chairman of the subcommittee on Investor Protection and Capital Markets, released a statement regarding the implosion of cryptocurrency exchange FTX on Sunday. FTX’s “sudden collapse” has been “a dramatic demonstration […]


Invest tech, Markets

Cryptopunks Climb Past Bored Ape NFT Floor Values Amid Crypto Market Carnage

November 16, 2022

Via: Bitcoin.com

Cryptopunk Floor Values Race Ahead of Bored Ape NFTs Statistics recorded on Tuesday, Nov. 15, 2022, indicate that Cryptopunks NFTs are now more valuable than Bored Ape Yacht Club (BAYC) NFTs, as far as floor values are concerned. At 8:00 […]


Banking Tech, PayTech

Ireland is emerging as a global hub for payments

November 15, 2022

Via: FinTech Futures

With banks subject to higher regulatory requirements, fintech and payments companies are at the forefront of technological innovation in financial services. As such, the fintech and payments sector has grown at an unprecedented rate and spawned companies in verticals of […]


Invest tech, RegTech

New York Fed collaborates with Singapore MAS to explore CBDCs

November 11, 2022

Via: Cointelegraph

The New York Innovation Center (NYIC) of the Federal Reserve Bank of New York and the Monetary Authority of Singapore (MAS) will launch a joint experiment with wholesale central bank digital currencies (wCBDCs). Regulators are keen to test the wCBDCs […]


Invest tech, Trading

From a $32 Billion Valuation to Financial Troubles: An In-Depth Look at the Rise and Fall of FTX

November 10, 2022

Via: Bitcoin.com

FTX’s Slide From a $32 Billion Valuation to Needing an Emergency Lifeline At 4:00 p.m. (ET) on Nov. 9, 2022, the world’s largest crypto asset exchange by trade volume announced it would be backing out of purchasing FTX. This was […]