A Danish court today ruled that Nordea Bank Danmark A/S has the right to say whether its employees can invest in Bitcoin. The bank first introduced a policy prohibiting crypto purchases last year.Denmark’s union for financial industry employees launched a subsequent legal challenge against the bank. However, a court yesterday decided that the risks associated…
2019 has been a rough year for the crypto markets, with Bitcoin’s price action and the overall industry development gravely disappointing investors. BTC is poised to end the year up significantly from where it ended last year, but it does remain in a precarious position.It is also important to note that one analyst is claiming…
The cryptocurrency altcoin known as Chainlink has had a banner year, bringing investors in the project gains of over 1,100% from trough to peak.However, a violent selloff has begun in the asset, with investors taking profit following incredible returns it amassed throughout the year. The price action closely mimics a Wyckoff distribution schematic that suggests…
Bitcoin prices might be a long way off their 2019 high of almost $14,000 but this year has still seen the cryptocurrency gain in price. The year opened with the leading digital asset trading at just below $3,800, considerably less than its current price of around $7,300. Although yearly price data is clearly limited, if…
As the internet grows and more and more of the mainstream public find themselves on the world wide web, so does cybercrime – making it especially important for crypto investors to pay close attention to personal cybersecurity. Here is a list of the most important steps a crypto investor – or anyone concerned with their…
Australian users of the crypto exchange Bitstamp will now be able to deposit US dollars to their account instantly using a Ripple-powered money transfer service called Flash FX. Transfers to the long-running trading venue would previously take days. Flash FX uses Ripple Labs’s instant global settlement service, On-Demand Liquidity. The service makes the digital asset…
After attempting to propel Bitcoin (BTC) higher yesterday, the cryptocurrency’s bulls lost some of their strength, allowing bears to push the crypto back down to $7,200 – which appears to be a key support level for the cryptocurrency that buyers have continued defending. One analyst is now noting that buyer’s ability to defend this level…
Ethereum’s price action has been strikingly similar to Bitcoin’s over the past several days and weeks, with ETH’s correlation to BTC growing stronger as the volatility seen within the aggregated crypto market ramps up. Analysts are noting that Ethereum may be positioned for further downside in the near-term, which could be driven by the lack…
This year has had more than its fair share of scandals involving crypto exchanges and their shady owners. It seems that they are not finished yet as reports are emerging of another exchange boss doing a runner with the keys to the crypto wallets on a relatively unknown Asian exchange. Crypto Exchange IDAX CEO ‘Missing’…
The big crypto boom of late 2017 is a long distant memory today. Pretty much every altcoin out there was surging by ridiculous proportions as the wave of FOMO swept the scene. Today the majority of crypto currencies are melting down and many simply will not survive another winter. Crypto Assets on Death Row Total…