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Four years ago, Vinny Lingham predicted bitcoin’s bull run and a number of bitcoiners have referred to him as the “oracle.” On Twitter, Lingham is once again giving his predictions on bitcoin’s future prices. He’s also noted this month that he’s “bullish on bitcoin” and hasn’t felt this way since 2016. The former CEO of
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The Financial Crimes Enforcement Network (FinCEN) and Federal Reserve are looking to get more information on smaller transactions than ever before.  According to a notice of proposed rulemaking published on Friday, the agencies want to lower the $3,000 threshold established in 1995 to $250 for international transactions, meaning that financial institutions would need to exchange client information
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 In 2017, the price of Bitcoin (BTC) reached as high as $20,000 and crashed rapidly. Now the same on-chain top signal has reemerged, according to researchers at Glassnode. But besides much stronger fundamentals this time around, the ongoing rally feels significantly different for other reasons too. Bitcoin typically pulls back when whales take profit, causing
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A great number of cryptocurrency businesses are preparing for the upcoming Financial Action Task Force (FATF) rules toward cryptocurrencies, specifically the Travel Rule. This month 25 Virtual Asset Service Providers (VASPs) published a paper that outlines how American-based VASPs aim to comply with the FATF Travel Rule. Digital currency companies, otherwise known as Virtual Asset
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In the days preceding Bitcoin’s latest rise in price, stablecoins went wild, exhibiting some largely unprecedented behavior. Stablecoins: all stablecoins inflow transaction and address count of all exchanges. Source: CryptoQuant. On October 18, stablecoins moving to exchanges reached record highs of 60,000 and 56,000 respectively, according to data from CryptoQuant. The outlet’s data tracked USDT
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There has been a hot political debate underway on who should take responsibility for countering North Korean hacks targeting South Korean cryptocurrency exchanges. Recently, South Korea’s financial watchdog made it clear that they do not see this issue as any of their business. According to Fn News, the Financial Services Commission, or FSC, has replied
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