crypto

BlackRock CEO Larry Fink Says Bitcoin Can Evolve Into Global Asset and Impact Dollar

December 2, 2020 cyketancryptocurrency

Larry Fink, the head of the world’s largest asset manager BlackRock sees the potential for Bitcoin and cryptocurrency sector to evolve into a mainstream marketplace. He also noted the impact BTC is having on dollar-based assets internationally. BlackRock CEO Larry…

Institutional Bitcoin Shop NYDIG Raises $150M for Twin Crypto Funds

December 2, 2020 cyketanbitcoin

New York Digital Investments Group (NYDIG) raised $150 million for two new funds to invest in cryptocurrencies, a move that underscores the one-stop crypto shop’s skyrocketing clout on the institutional bitcoin scene. As revealed in two U.S. Securities and Exchange…

Binance Launches Ethereum 2.0 Staking Rewards Today

December 2, 2020 cyketanbtc

Binance users will participate in ETH 2.0 block creation, staking funds to help validate transactions on the new network, and receive rewards in return. The ETH 2.0 update will take years to implement fully, and major exchanges offering staking services…

HC pulls up RBI for leaving it to PMC bank to decide depositors requests for money in emergencies, BFSI News, ET BFSI

December 2, 2020 cyketanbank

The Delhi High Court Tuesday pulled up the RBI for leaving it to scam-hit PMC Bank to decide which emergencies cited by its depositors were to be considered for disbursal of Rs 5 lakh to them, saying since the central…

From FOMO To Overbought: Why Bitcoin Is Overdue For A Steep Correction

December 2, 2020 cyketancryptocurrency

FOMO has returned to the crypto market in a major way, now that Bitcoin has set a new all-time high price record. But as more buyers pile in after an already nearly 200% rally in 2020, indicators are reaching extreme…

BTC Markets privacy breach exposes all customers to potential phishing attacks

December 2, 2020 cyketanbitcoin

Major Australian cryptocurrency exchange BTC Markets accidentally exposed the full name and email addresses of all of its customers in a marketing email sent to each affected individual on Dec. 1. The emails were sent in batches of 1,000, meaning…

Gold Market Brings Bad News for Bitcoin: A Potential Death Cross

December 2, 2020 cyketanbtc

Spot gold is inching towards forming a “Death Cross” on its daily chart, which may transform its ongoing downside correction into a full-fledged bear trend. A death cross occurs when an asset’s short-term moving average falls below its long-term moving…

RBI extends curbs on Madgaum Urban Cooperative Bank, BFSI News, ET BFSI

December 2, 2020 cyketanbank

The financial sanctions imposed on Madgaum Urban Cooperative Bank (TMUCB) have been extended by Reserve Bank of India for another three months till March 2, said RBI in a statement on Tuesday. The Margao-based cooperative bank came under the RBI’s…

Delay in auto-population of e-invoice details into GSTR-1: GSTN

December 2, 2020 cyketanloan

Update on auto-population of e-invoice details into GSTR-1 30/11/2020 1. Certain notified taxpayers have been preparing and issuing invoices by obtaining Invoice Reference Number (IRN) from Invoice Registration Portal (IRP) (commonly referred as ‘e-invoices’). Details from such e-invoices are be…

LVL Crypto Exchange Eliminates Trading Fees to Compete Against US Rivals Coinbase & Gemini

December 2, 2020 cyketancryptocurrency

An upstart cryptocurrency exchange dubbed ‘LVL’ that seeks to eliminate trading fees announced yesterday that it will be a free-to-use service for the U.S market. This venture is backed by prominent figures, including Anthony Pompliano of Morgan Creek Digital and…