CryptoCurrency News: Bitcoin Cracks $9,400 to Reach Nearly 3-Month High in ‘Asia-Driven Rally’

Bitcoin has risen above a key area of resistance to reach its highest point in nearly 3 months.

via CoinDesk

CryptoCurrency News: LedgerX Board Member and Former CFTC Chair Named CEO of Miami Futures Exchange

Former acting CFTC Chairman and LedgerX board member Mark Wetjen is the new CEO at Miami International Futures Exchange, where he will build out its crypto asset and derivatives products.

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CryptoCurrency News: Crypto-Related Deposits Drop by Half at Metropolitan Commercial Bank

Metropolitan Commercial Bank’s deposits from crypto firms have steadily declined, a sign of heightened competition in a field where the bank was once one of the only games in town.

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CryptoCurrency News: Lawyers Ramp Up Pressure to Exhume Quadriga CEO’s Body

Miller Thomson is doubling down on its request that the RCMP exhume Quadriga founder Gerald Cotten's body by publicly requesting an update from Canadian MP Bill Blair, who oversees the agency.

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CryptoCurrency News: Ex-PBoC Governor Urges China to Join Global Conversation on Libra

A former senior official with the People’s Bank of China (PBoC) believes the nation should join a global conversation about regulating stablecoins, with a particular focus on the Libra stablecoin.

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CryptoCurrency News: Narrative Watch: The Future of Crypto FUD

When markets get hot, new FUD emerges. @nlw looks at three categories of FUD most likely to come up in the next bull market.

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CryptoCurrency News: Volatility, Illiquidity Threaten BSV’s Newfound Position

Volatility in bitcoin SV (BSV) is raising concerns about the resilience and stability of the world’s fifth-largest cryptocurrency.

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CryptoCurrency News: Standard Chartered Invests More Money in Newly Rebranded Trade Finance Startup

Standard Chartered has invested in Contour, the recently-rebranded Voltron blockchain trade finance platform digitizing letters of credit for financial institutions.

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CryptoCurrency News: Uphold Introduces Commission-Free Trading for Users

The move to commission-free cryptocurrency trading was based on Uphold’s ability to net trades at a lower cost after gaining more liquidity providers, said Uphold CEO JP Thieriot.

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CryptoCurrency News: MARKETS DAILY: Crypto News Roundup for Jan. 28, 2020

Bitcoin rallied to near $9,150 as stocks dropped over Coronavirus fears, plus IBM's new "Self-Aware Token" approach.

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CryptoCurrency News: Roger Ver’s Mining Pool Pulls Support for Bitcoin Cash Dev Fund Over Chain Split Threat

Ver said he was "mostly just along for the ride," as some mining pools stepped back from competing hard forks.

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CryptoCurrency News: Opporty Founder Calls SEC Suit ‘Grossly Overstated’ in Public Defense

In an open letter, Sergey Grybniak claims his firm followed all regulatory guidance available at the time of its 2017–2018 initial coin offering.

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CryptoCurrency News: IBM Awarded Patent for ‘Self-Aware Token’

The firm says the concept of tokens that record their own data could make it easier for regulators to understand who is using them.

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CryptoCurrency News: Bitcoin Rallies to Near $9,150 as Stocks Drop Over Coronavirus Fears

Bitcoin is rising in line with broader uptrend which began well before the coronavirus scare began weighing over traditional markets. In the short term, though, a dip is looking likely.

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CryptoCurrency News: One of World’s Richest Firms Joins Blockchain Trade Platform Vakt After $5M Investment

Oil-giant subsidiary Saudi Aramco Energy Ventures has made a $5 million investment in Vakt, a commodities post-trade processing platform built with blockchain tech.

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CryptoCurrency News: British Court Freezes $860,000 in Bitcoin Linked to Ransomware Payout

The victim firm in the ransomware attack had paid $950,000 in bitcoin to the perpetrator through an insurance company. Much of it ended up on Bitfinex.

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CryptoCurrency News: Why Lightning Payments Aren’t Clicking for Porn Companies (Just Yet)

Bitcoin may finally achieve broader traction through the adult entertainment industry in 2020, but the chips aren’t stacked in its favor.

via CoinDesk