Tag Archives: Bitcoin News

Swift CEO To Step Down After 7 Years at The Helm

Swift CEO, Gottfried Leibbrandt, notified the organization’s 25-member board that he wished to step down from his position by June next year. His departure in 2019 will mark a 7 year tenure as the Chief Executive Officer of the global financial services provider. Mr. Leibbrandt joined the organization back in July 2012. The CEO went on to summarize… Read More »

$133 Million Stablecoin Project of Basis is Reportedly Shutting Down

The Basis stablecoin project which had raised over $133 Million in venture capital, is reportedly shutting down and returning a vast majority of the funds to investors. Unlike other projects shutting down due to the bear market, Basis is shutting down due to regulatory hurdles as it tried to get the stablecoin project up and running. Backed by Bain… Read More »

Bitcoin (BTC) Stable At $3,400: Analyst Compares Crypto With Dotcom Bubble

Bitcoin Stable At $3,400, Altcoins In Similar Position  Interestingly, after a multi-week bout of lower lows, the crypto market at large stabilized on Tuesday and Wednesday, as Bitcoin (BTC) found itself trading in a tight range between $3,300 and $3,500. Since Ethereum World News’ previous market update, released not 24 hours ago, the aggregate market capitalization of all cryptocurrencies… Read More »

Ethereum (ETH) Futures Rumors Mount, As CBOE’s Bitcoin Foray Turns One

CBOE’s Bitcoin Foray Turns One As noted by Tom Hearden, a senior trader at Skylands Capital, subsequently relayed through MarketWatch, one year and one day ago, the Chicago Board Options Exchange (CBOE Global Markets) made history, becoming one of the first financial institutions to launch a fully-fledged Bitcoin (BTC) product. Now that crypto is in the midst of… Read More »

Ten-Year Jail Term Looms Large for Former Mt. Gox Chief

Japanese Prosecutors are clamoring a 10-year jail term for former CEO of defunct Japanese Bitcoin exchange, Mark Karpelès. This comes in the midst of the extension announced for civil rehabilitation claims. More Trouble for Former Mt. Gox Chief The nightmare does not seem to end for Mark Karpelès, as the Nikkei Asian Review today (December 12) reported that… Read More »

Forbes Analyst Expects Bitcoin (BTC) At $2,500, Awaits (Another) Awful Crash

Forbes Analyst Touts $2,500 Bitcoin Price Target Clem Chambers, a markets analyst publishing to Forbes, recently released an article to the outlet’s contributor network, explaining why Bitcoin (BTC) could head lower in due time. Chambers, the CEO of ADVFN and a well-known financial industry journalist, first drew attention to how markets, Bitcoin included, normally react in, during, and… Read More »

Bitcoin (BTC) Leads Google Trends Most Commonly Asked in 2018

Bitcoin (BTC), Cryptocurrency–While market prices continue to look shaky for cryptocurrency and the broader altcoin market, Bitcoin managed to score a minor win on the day. According to the analytics trending tool published by Google, “What is Bitcoin?” was the most searched phrase for the question-asking category for 2018. Both United States and United Kingdom Google users searched… Read More »

7 Major Exchanges Join Forces to Enhance the Cryto Ecosystem in South Korea

South Korea took another giant step forward in regulating cryptocurrencies as seven major exchanges have joined forces to enhance the cryptocurrency ecosystem in the country. According to local media, representatives of the seven major exchanges met at a parliamentary policy debate on cryptocurrencies that was held this past Monday. The representatives signed an ‘Agreement for the creation of… Read More »

Samsung Could Be Developing a Bitcoin (BTC) and Crypto Wallet App for The Galaxy S10

News reaching Ethereum World News from The Block and SamMobile.com indicate that the giant electronics and smart-phone manufacturer of Samsung, might be working on integrating a Bitcoin (BTC) and cryptocurrency wallet into its unreleased Galaxy S10 device. According to SamMobile, Samsung’s new cryptocurrency service will have two parts: A cold wallet for saving cryptocurrency, public and private keys… Read More »

FATF: UK Crypto Exchanges Pose ‘Low’ Money Laundering, Terrorist Financing Risk

Advertisement The Financial Action Task Force (FATF) revealed that crypto exchanges operating in the United Kingdom pose low money laundering (ML) and terrorist financing (TF) risks. The global standard setter for ML/TF published a report to evaluate the overall efforts that the UK has put in combating the money-related illegal activities. As the study touched on various topics,… Read More »