Month: July 2019

Bitcoin Price Risks Further Decline After Recovery Rally Stalls

Bitcoin Price Risks Further Decline After Recovery Rally Stalls

Bitcoin has cemented its third straight monthly loss after September 24 and 26 produced a large sell-off and dragged prices lower, opening up the possibility for another price drop. Supposed bullish catalysts such as Bakkt’s physically-backed bitcoin futures product fell short of expectations, possibly raising a red flag for institutional investors. Both the weekly RSI …


BitShares DEX Gateway CryptoBridge Implements Mandatory KYC for Users

BitShares DEX Gateway CryptoBridge Implements Mandatory KYC for Users

BitShares Decentralized Exchange (DEX) gateway CryptoBridge announced on Oct. 1 that it has implemented mandatory user Know Your Client (KYC) verification.European regulation is responsibleAccording to the announcement, the reason for the upcoming mandatory KYC is the 5th EU Anti-Money Laundering Directive (AMLD5). Interestingly, CryptoBridge also noted that the company wants to challenge international financial regulation, …