CRYPTO NEWS: Latest BITCOIN News, BITFINEX News, ETHEREUM News!
Bitcoin’s “Difficulty Ribbons” entered the buy zone for the first time since March
Bitcoin price action has been incredibly positive for bulls over the past 24 hours
In the short term, it looks like BTC’s future trends may almost entirely depend on its response to selling pressure, which exists between $ 11,000 and $ 11,200.
That being said, one fundamental indicator is showing an incredibly bullish sign for Bitcoin. Cryptocurrency difficulty ribbons entered the “buy zone” for the first time since March.
Bitfinex opens trading in two of Europe’s largest stock indices
Bitfinex’s attempts to enter the stock market could be a sign of things to come.
Crypto exchange Bitfinex has launched two of Europe’s leading stock indices – Europe 50 and DAX 30 – on its futures exchange. Indices can be traded using perpetual contracts, and the markets will be open 24 hours a day, which gives a unique advantage over stock brokers.
The Europe 30 index includes shares of the continent’s largest blue-chip stocks, including major brands such as Nestle, Vodafone, L’Oreal and Barclays. 30 leading companies in Germany are included in the DAX 30 index.
Bitwise Bitcoin Fund Doubles To $ 9 Million Amid Growing Investor Fears Over Rampant Inflation
Accredited investors have poured millions into Bitwise Bitcoin Fund.
Amended filing with the Securities and Exchange Commission last week showed that the asset manager raised a total of just under $ 8.9 million for his Bitcoin fund, which provides accredited US investors with access to bitcoin through a traditional product.
Hacker stole $ 15 million after Degens invested in unreleased Yearn Finance project
Eminence, an unreleased project, was spent $ 15 million.
Eminence, the unfinished “gaming multiverse economics” being built by André “I’m testing in production” Cronier of Yearn Finance, was discovered by DeFi detectives after the developer posted art teasers for the project on Twitter.
Excitement about the upcoming project quickly reached a climax when the FOMO community poured roughly $ 15 million into the EMN protocol.
EY Launches Ethereum Procurement Solution for Enterprises
Accounting company Ernst & Young has launched an Ethereum-based procurement solution for enterprises.
The solution, dubbed the EY OpsChain Network Procurement, enables companies to purchase on the Ethereum blockchain. According to EY, it is designed to transform purchasing agreements into digital smart contracts.
New Zealand Tax Authorities Seek Crypto User Information From Companies
Businesses should provide information on the use of their customers’ digital assets.
The governing body said it wants to better understand the cryptocurrency in the country and determine the applicable tax base for the asset class, according to a statement from Radio New Zealand or RNZ. RNZ writes that in addition to the specifics of using cryptography, the IRD will also request related information about the client.
Filecoin’s mainnet transition to start next month
According to the release, Filecoin is expected to launch its network from October 19th to 23rd.
A decentralized storage network, Filecoin announced that it has begun its preliminary mainnet phase, coined as “Mainnet Ignition”, and that the Filecoin community has “several weeks” left to provision, configure systems, and optimize deployments. According to the release, Filecoin is expected to launch its network from October 19th to 23rd.
ConsenSys wins contract for CBDC Thailand-Hong Kong project
Consensys will develop a proof-of-concept for cross-border interbank blockchain payments.
Blockchain firm ConsenSys announced on September 25 that it has received a contract for a cross-border payments project between Thailand and Hong Kong.
CFTC Accuses Company of Illegal Leveraged Transactions in ETH, LTC, BTC
The CFTC has charged PaxForex Laino Group Limited with engaging in illegal retail commodity transactions in cryptocurrency, gold and silver.
The CFTC said that for over two years, PaxForex has offered illegal retail commodity transactions not only with leading cryptocurrencies such as ether, litecoin, bitcoin, but also gold and silver.
Bitpanda Raises $ 52 Million Series A led by Peter Thiel’s Valar Ventures
Bitpanda Announces Completion of $ 52 Million Series A
Bitpanda Co-CEOs Eric Demuth and Paul Klanschek said the boost, which includes additional funds from SeedInvest, will help expand the company to 300 employees and introduce many new products in the fourth quarter of 2020.
Closure of OpenBazaar Decentralized Marketplace Gets Life Buoy
OpenBazaar has been configured to disable services.
OpenBazaar made public its financial position last week, telling users that it will have to shut down infrastructure for the project by the end of September if it does not receive enough donations.