Posts

Showing posts from December, 2020

Ripple a Cryptocurrency firm was charged by US watchdog

Image
Crypto-currency firm Ripple has been charged with conducting investments without proper licences by the US Securities and Exchange Commission The SEC asserted that Ripple's XRP token is a tradable asset, known as a security, and thus subject to its regulations. The firm argues that XRP is a currency and therefore does not have to be registered as an investment contract.  The value of XRP fell by more than 30% on the news. Digital currencies are governed by another US regulator - the Commodity Futures Trading Commission (CFTC) - which has different rules. Ripple's chief executive Brad Garlinghouse, and former chief executive Chris Larsen, have both been charged with violating the Securities Act. "We allege that Ripple and its executives failed over a period of years to satisfy [the SEC's] core investor protection provisions, and as a result, investors lacked information to which they were entitled," said Marc Berger, deputy director of the watchdog's enforceme

BREAKING NEWS: Cryptocurrency and Bitcoin Related News & Updates

Image
  www.datrekrecoverycompany.com Bitcoin Revolution BREAKING NEWS: News is at the heart of what we do. We're driven by the need to help make news serve people better, because a healthy society needs a healthy news diet. News now exists to facilitate this, by publishing headlines linking to breaking and curated news from a diverse range of credible, independent and public interest news sources. It makes it easy for people to discover content from all types of publishers, including those who are smaller and independently owned.  Also, news links to around 14,000 media brands and content creators globally, and is an important source of traffic for publishers of all types and sizes. On this platform, people can discover new publications, weigh up differing presentations of the facts and viewpoints, and challenge their preconceptions, all as they make up their own minds.  We believe this helps make society better, but huge challenges remain. We must urgently move towards a future whe

EXPERTS HAVE ANALYSED WHY BITCOIN WAS ABLE TO REACH AN ALL-TIME HIGH OF $20,000 AND PROVIDED THEIR VIEW OF WHAT TO EXPECT NEXT

Image
Bitcoin the cryptocurrency, that caused a ‘bull-rush’ and surge of investments in 2017, rose by more than 6 per cent again on Wednesday December, 2020 The value of Bitcoin has reached a record $20,000 after a volatile few years.  The cryptocurrency , which caused a ‘gold-rush’ style surge of investments in 2017, rose by more than 6 per cent on Wednesday to reach $20,632 (£15,283) against the dollar. It has seen a rise of more than 400 per cent this year, after a low point of $3,600 in March . Why has this happened in such a rocky year? Here’s everything you need to know. What is Bitcoin? Bitcoin is the leading digital currency and it has soared in value since launching with a value of less than 10 cents in 2010. The price was fairly stable until 2017, when it rocketed from less than $1,000 at the beginning of the year to come close to $20,000 at the end of December 2017.  Since then the price has fluctuated significantly, but it has been steadily climbing this year. Bitcoin ha

4 RECOMMENDED WAYS TO RECOVER YOUR CRYPTO - ASSETS INVESTMENTS AND STOLEN BITCOIN OR DATA FROM SCAMMERS

Image
CRYPTO-ASSETS INVESTMENT SCAMS     A fter a series of interactions and one-on-one meetings with Top security agencies and authorities worldwide such as the SEC, FCA, BlackRock, FSA, KPMG, PWC to mention a few, we discovered that consumers are being increasingly targeted by crypto-asset related investment scams in the UK, US, Germany, Sweden, Italy. Financial Asset Management Certain crypto-assets, like Bitcoin and Ether (also known as cryptocurrencies) are not regulated. This means that buying, selling or transferring these crypto-assets falls outside the remit of these financial Assets Authorities. The same is true for the operation of a cryptocurrency exchange. However, some types of crypto-asset products may be or may involve regulated investments depending on their nature and how they are structured. For example, firms that sell regulated investments with an underlying crypto-asset element may need to be authorised to do so. The FCA in particular has previously issued consumer

Bitcoin reaches an all-time high, above $20,000 for first time

Image
Bitcoin’s powerful rally this year crossed a major milestone on Wednesday as the world’s largest cryptocurrency smashed through $20,000 for the first time ever. Bitcoin received a major boost in October after PayPal Holdings, Inc announced the launch of a new service that allows its customers to buy, hold and sell cryptocurrencies directly from their PayPal account  Bitcoin smashed through $20,000 for the first time on Wednesday, marking a new milestone for the world’s largest and most well-known cryptocurrency. The cryptocurrency jumped 4.5 percent to move as high as $20,440. Bitcoin has experienced a powerful rally this year. It has soared more than 170 percent, driven largely by demand from big, institutional investors attracted by its potential for quick gains at a time when interest rates are near zero, as well as the cryptocurrency’s march towards becoming a mainstream method of payment. Bitcoin received a major boost in October after PayPal Holdings, Inc announced the launch of