Bitcoin/USD daily basis (Source: Tradingview.com) Bitcoin/USD – First taste of the strong resistance zone This week, the price of bitcoin managed to break through the psychological hurdle of USD 10,000; with the breakthrough occurring in the late hours of last Sunday. This momentum was put to the test on Monday and Tuesday, which saw […]Continue reading "Weekly Bitcoin/USD chart analysis: Calendar Week 8"
The whistle for “halve-time” is set to blow, with May 2020 creeping ever closer. For those operating in the crypto-verse the “halving/halvening”, is the talk of the office, with speculation as to what new heights the price of bitcoin will surge to taking center stage. This interest in 2020’s most anticipated crypto-event is seemingly […]Continue reading "What may be causing Google searches for “Bitcoin Halving” to surge?"
German companies Edeka, Lidl, Henkel, SAP, Lufthansa and several other large companies are planning a joint blockchain project for the exchange of load carriers. Well-known companies are working on blockchain projects This was announced by the German branch of the standardization organization GS1. The companies involved in the project, all of which have a turnover […]Continue reading "Major German companies plan to use blockchain in the logistics sector"
The White House is exploring ways to create incentives for US households to invest in the stock market. One proposal is that a portion of income for investment purposes would be tax-exempt. According to CNBC, the Trump administration is currently examining several proposals as part of an upcoming stimulus package set to include tax-free […]Continue reading "US proposal on tax exempt investments in the equity market"
The French SEC-equivalent AMF (Autorité des marchés financiers), detailed the existing issue on approaches taken regarding digital currencies. In their report, the AMF called on the European Commission to develop a strategy for digital financial services. The Fintech dossier called for the EU to “regulate the issuance and exchange of financial instruments in a […]Continue reading "Calls for the development of a European strategy for digital financial services"
Bitcoin is often referred to as “digital gold”. Both assets have similarities, but there are differences. Friend or foe? A comparison between gold and Bitcoin. This article is part of a cooperation and originally published on 10×10.ch Friend or foe? This is a question Bitcoiners and Goldbugs continuously ask themselves when they encounter someone from […]Continue reading "Gold versus Bitcoin: Which is better?"
Federal Reserve Chairman Jerome Powell addressed the House of Representatives’ Financial Services Committee on Tuesday. When asked about digital currencies, Powell admitted that the Libra project had sparked some excitement in the Fed last year. Jerome Powell, the current chairman of the Federal Reserve, said this in response to Illinois Congressman Bill Foster’s question about […]Continue reading "Federal Reserve Chairman Powell Speaks about a digital dollar and “private crypto transactions”"
The Swiss regulatory authority FINMA has announced a new proposal that provides stricter guidelines for unidentifiable crypto-currency transactions. The new FIDLEG and FINIG laws, have obliged the Swiss Financial Market Supervisory Authority FINMA to issue certain, mainly technical, implementation provisions. For this reason, FINMA presented a new, streamlined ordinance last week. Among other things, […]Continue reading "FINMA make a proposal for stricter money laundering regulations for crypto-transactions"
The German financial supervisory authority Bafin has already received more than 40 expressions of interest from banks that would like to obtain a licence for the crypto-custody business in future. Due to the new money laundering law, banks are no longer restricted to simply offering and safekeeping of classical securities such as shares […]Continue reading "German banks push into the crypto-custody business"
Bitcoin/USD daily basis Bitcoin/USD – Tentative steps over USD 10’000 mark Bitcoin was again able to gain ground this reporting week. After a consolidation above the USD 9,000 mark, a rally to the USD 9,700 mark occurred on Wednesday. This marked a new daily high over the previous days and was the basis for […]Continue reading "Weekly Bitcoin USD chart analysis: Calendar Week 7"
An interview with Prof. Dr. Michaela Hönig, expert on digital currencies in the German Bundestag and author of the newly published book: “ICO and Cryptocurrencies – New Digital Forms of Raising Capital”. CVJ.CH: Your recently published book deals, among other things, with the possibilities and limitations of ICO’s. The limits have been well observed […]Continue reading "Prof. Dr. Michaela Hönig on ICO’s, Cryptocurrencies and Stablecoins"