Hong Kong Issues Rules for Crypto Asset Managers

This article was originally published by 8btc and written by Lylian Teng. Hong Kong’s Securities and Futures Commission (SFC) has recently released rules and regulations for fund managers dealing with crypto assets. The securities regulator published a 37-page document titled “Proforma Terms and Conditions for Licensed Corporations which Manage Portfolios that Invest in Virtual Assets” …

Bitcoin is Still Best-Performing Asset YTD Despite Bearish Q3

Summing up the returns as at the end of the third quarter, Bitcoin is the best-performing asset year-to-date despite the September crash. Bitcoin is the Indisputable Winner On January 1, the oldest cryptocurrency out there started at $3,746, according to Coinmarketcap data. At the time of writing, Bitcoin is trading at around $8,204 as at …

Bitcoin Price (BTC) Rebounding But $8.5K Resistance Holds Key

Bitcoin price started an upside correction above the $8,000 resistance against the US Dollar. The price is currently up around 5% and it recently tested the $8,350 area. There was a break above yesterday’s highlighted declining channel with resistance near the $8,060 level on the hourly chart of the BTC/USD pair (data feed from Kraken). …

Bitcoin Price And Other Cryptocurrency Headlines

This week has seen further protests in Hong Kong, as residents feel their democracy is being eroded. Of course, we can show our own unhappiness with the current global financial system, simply by buying bitcoin. And not a tear-gas canister in sight. Bitcoin Price: The Week’s Moves Following last week’s bitcoin price drop to $8k, …

Too Obvious? Current Bitcoin Price Action Resembles $3,200 Bottom

The past few months haven’t been kind to Bitcoin bulls. Since peaking in June, the cryptocurrency’s price has fallen from $14,000 to the $7,700 low set last week. While the macro backdrop is evidently different, as are the fundamentals of the cryptocurrency market, many analysts have argued that the recent collapse in the Bitcoin price …

Coincheck Rolls Out Bitcoin (BTC) Payment for Gas

Tokyo-based crypto exchange Coincheck has launched a program that will allow users to pay for gas using bitcoin (BTC). Coincheck Debuts Bitcoin Rebate Promo The Japanese crypto trading giant announced the move in a press statement issued on Friday (October 4, 2019). The program is a result of a partnership between Coincheck and a couple …