Florida Appeals Court Reinstates Felony Charges for Unregistered Bitcoin Sale

A United States appellate court in the state of Florida has reinstated charges against a man who sold Bitcoin (BTC) to an undercover police officer, local media Miami Herald reports on Jan. 30. According to the report, the Third District Court of Appeal ruled that a judge who dismissed charges against the defendant, Michell Espinoza, was wrong. Espinoza is a website designer who was charged with allegedly transmitting and laundering $1,500 worth of BTC without a money transmitter license. At Read more …

VanEck & Bitcoin ETF Hopefuls Refile Application To U.S. SEC

Although the crypto market’s year-long downturn has yet to reverse, this nascent ecosystem saw a fundamentally positive, likely bullish (price-wise) announcement on Thursday, as a financial services provider refiled a Bitcoin exchange-traded fund (ETF) application to the U.S. Securities and Exchange Commission (SEC). Leading Bitcoin ETF Application Refiled Per previous reports from NewsBTC, one mere week ago, VanEck, CBOE, and SolidX Partners suddenly pulled their collaborative Bitcoin ETF application. While little was known initially, Jan Van Eck, the incumbent chief executive Read more …

Cboe Resubmits the VanEck/SolidX Bitcoin ETF Proposal for SEC Approval

The race is back on to launch the first U.S. bitcoin exchange-traded fund (ETF), after Cboe resubmitted its joint proposal with VanEck and SolidX. Announced Thursday by VanEck digital asset strategy lead Gabor Gurbacs, the Jan. 30 filing would, if approved by the Securities and Exchange Commission (SEC), allow the Cboe BZX Exchange to list shares of a bitcoin ETF trust. Many proponents of a bitcoin ETF believe that the fund will help bring fresh money into the space, creating a Read more …

CBOE Re-Files Bitcoin ETF Application Following End of Government Shutdown

US stock exchange operator CBOE has resubmitted its application to list a bitcoin ETF on one of its trading platforms, just days after the firm withdrew its previous bid. CBOE & VanEck Resurrect Bitcoin ETF Bid That bitcoin ETF, the VanEck SolidX Bitcoin Trust, would allow wealthy traders and institutions to invest in bitcoin through a convenient — and familiar — investment vehicle. VanEck digital asset head Gabor Gurbacs made the announcement on Twitter, noting that it was the product Read more …

Binance Now Supporting Visa and MasterCard Payments

Binance, the world’s largest cryptocurrency trading exchange by volume, announced today that both debit and credit card payments for cryptocurrencies are now open — thanks to a partnership with Simplex, a fully-licensed financial institution that offers online fraud-protected payment processing solutions.  Binance users are now afforded the opportunity to purchase Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and XRP (XRP) via Visa and MasterCard debit and/or credit cards — a process which takes between 10-30 minutes on average. The fee for card Read more …

SWIFT Unlikely To Use XRP Even After Corda Trial

Ripple price cool off after yesterday’s eruption SWIFT using XRP unlikely even after Corda test phase Bull momentum building up as transactional volumes increase After impressive gains, candlestick arrangement supports XRP bulls. To that end we expect bull momentum to build up as uncertainty around SWIFT using XRP after Corda test phase mills. Ripple Price Analysis Fundamentals A level deeper and the excitement around the newfound, indirect partnership between Ripple and SWIFT through R3’s Corda Settler will subside. After a Read more …

Prime Trust Undercuts Rivals in Crypto Custody Race

Prime Trust won’t charge its clients to custody digital assets any longer. The Nevada trust company announced Thursday that, effective immediately, it had lowered its fee for storing cryptocurrencies and tokens to $0, in line with what it charges to custody stocks and bonds. Prime Trust began to custody crypto assets last year, when it offered cold storage services for bitcoin. It later expanded its custody offerings to include ether, ERC-20 tokens and Stellar lumens. Crypto custodians typically charge custody fees ranging from 4 to Read more …

Germany’s 2nd Largest Stock Exchange Boerse Stuttgart Launches Crypto Trading App

Germany’s second largest stock exchange, Boerse Stuttgart Group, has officially launched its crypto-trading app Bison, according to an official tweet today, Jan. 31. According to the app’s webpage, the software was developed by FinTech Sowa Labs — a subsidiary of Boerse Stuttgart Digital Ventures. The developers’ reported aim in making the app is to ease access to cryptocurrencies for investors that are accustomed to using traditional markets. Currently, the app enables free-of-charge trading in Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) Read more …

Why Nasdaq’s Bitcoin Exchange Partnerships Prove Crypto is Growing up

A total of seven cryptocurrency exchanges have contracted with Nasdaq to use its surveillance technology. The technology, which has various products including SMARTS (which was adopted by Gemini), enables Bitcoin exchanges to identify fraudulent trading patterns. How Nasdaq Evaluates Crypto Exchanges According to Forbes writer Michael del Castillo, Bitcoin exchanges must have more than enough capital to cover the steep fees Nasdaq charges to license its technology. Nasdaq conducts a means test which focuses on the backgrounds of exchange executives Read more …

PR: Marconi Introduces Developer Testing Network to Secure Complex Cloud Networks

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. San Francisco, California – Marconi, creators of the blockchain-based smart ethernet Marconi Protocol, today announced the launch of its Developer Test Network. Designed to enhance or even replace existing networking infrastructure, Marconi Protocol provides an easy way to build and secure distributed networks Read more …

Regulation D means BTC Withdrawals are Cheaper

Bitcoin price drop, yet to clear above Jan 30 highs Regulation D means Bitcoin transactions are 3,233 percent cheaper than bank withdrawals Transaction volumes low to warrant longs Even with waving prices, we are optimistic of a recovery. From the chart, it appears that bulls have a chance thanks mostly to favorable candlestick arrangement. In the long-term, BTC is bullish and sparking this demand is users realizing the cost-saving aspects behind BTC. Bitcoin Price Analysis Fundamentals Traditional financial institutions—mainly banks—prefer Read more …

Blockchain Capital Leads Funding Round for Crypto Compliance Startup TRM

United States-based investment firm Blockchain Capital has led a seed funding round for  blockchain compliance startup TRM, a press release from the firm reveals Jan. 31. TRM announced today that it had a closed a funding round totalling $1.7 million. Tapas Capital, Green D Ventures, The MBA Fund, and “strategic angel investors” also participated in the round. According to TRM, the company is going to spend the funds on scaling its engineering talent and expanding the capabilities of its platform. Read more …