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Coinhouse Become Officially Registered With French Financial Markets Authority

Coinhouse, a platform for buying and trading cryptocurrencies, is now the first company related to cryptocurrencies that has been registered with France’s Financial Markets Authority (AMF).According to a report from CoinDesk, this means the platform could gain access to banking services in the country.Speaking on the matter is Julien Moretto, a spokesman at Coinhouse, who said to the publication:“It’s a recognition from the AMF that you’re a serious actor and do some strict [know-your-customer] policy.”The main thing Coinhouse had to do was ensure it could freeze assets in case of

The crypto lending industry — a ticking time bomb, rather than a shortcut to mainstream adoption

In his book “Extraordinary Popular Delusions and the Madness of Crowds”, Charles Mackay says that men think in herds and go mad in herds, while they only recover their senses slowly, and one by one. That was written in 1841. Today, it is even more relevant.The most illustrious collective obsession in the past decade is cryptocurrencies. For the last couple of years, we witnessed industry-specific shocks with varying implications, be it exchange hacks, scam schemes, or else. Although covered in controversies, in the long-term, the rise of cryptocurrencies should be

Retail Bought $3.7K Bitcoin Price Dip on Record $76B Volume: Report

Although the Coronavirus pandemic has led many brick and mortar industries to close operations, cryptocurrency exchanges seem to have had their best month in a long time. According to an exchange report released by CryptoCompare, Bitcoin (BTC) trading volume saw record-breaking numbers throughout the month.Cryptocurrency market daily view. Source: Coin360The March 13 market crash that brought the Bitcoin price from $8,000 to a low of $3,800 in 24 hours registered the biggest day for crypto in terms of trading volumes registered at Bitcoin spot markets. On March 13 alone, total daily volumes

Talking Digital Future: Smart Cities

My journey into smart cities and their future development was a really big surprise, as the way I arrived there was not something that I had planned. I was working as the chief information officer for a company in Northern California called O'Reilly Media when I got a call from a headhunter who asked if I would consider being the chief information office for the City of Palo Alto. I can vividly remember — it was only about eight years ago — my feeling when she asked the question. The

Bitcoin Price Prediction: BTC/USD Struggles to Hold Above $7,000 Resistance Level

Bitcoin (BTC) Price Prediction – April 4The Bitcoin (BTC) is currently consolidating and seems to be preparing for the next move either above $7,000 or towards $6,500.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $7,700, $7,900, $8,100Support Levels: $5,800, $5,600, $5,400BTCUSD – Daily ChartYesterday, we saw a sharp decline in Bitcoin price below the $7,036 support against the US Dollar. The BTC/USD pair also settled below the $6,800 support level and above the 9-day and 21-day moving averages. Today, the price is consolidating losses above the $6,750 level and currently

2 Reasons a Deeper Correction in Stocks May End Bitcoin’s Rally to $8K

The Bitcoin price (BTC) rallied to around $7,300 on April 3, and BTC is still holding onto the $6,700 support level, meaning the price could push the dominant cryptocurrency to the $8,000 area. But, a highly accurate hedge fund manager’s stock market warning could rattle the cryptocurrency market in the short-term.Dan Niles, the founding partner of Alpha One Capital Partners, said in a note to clients that the dire economic consequence of the coronavirus pandemic could lead to a steeper correction in the U.S. stock market.With Q2 earnings set to

Ethereum Price Prediction: ETH/USD Finally Breaks Above the Channel; Aims At $150

ETH Price Prediction – April 2ETH/USD started today on a negative note but a sustainable move above $150 will improve the technical picture.ETH/USD MarketKey Levels:Resistance levels: $170, $180, $190Support levels: $110, $100, $90ETHUSD – Daily ChartETH/USD has tested $135 during early Asian hours as the price went down and touched the $133.56 level but later managed to recover above $150 to touch $151.74. The price of Ethereum (ETH) with the current market value of $141 has stayed unchanged on a day-to-day basis and gained nearly 3.84% since the coin rebounded

How to Trade Bitcoin Using Leverage and Not Worry About Liquidation

Institutional traders have long known the benefits of derivatives trading, including leverage and hedging. By trading options markets, one can predetermine maximum gains and losses, even with volatile assets like Bitcoin (BTC). Despite being far more complex, such instruments allow traders to generate gains independent of what happens over the next weeks or even months, which is essential for traders’ peace of mind to achieve optimal performance.Retail traders have only recently begun using derivatives, although they have focused almost exclusively on futures contracts offered by BitMEX, OKEx, Binance and so many