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Monero developers and Perkins Coie present Whitepaper after 18 months of work. Whitepaper concludes that the use of Monero presents less risk to authorities than other payment methods. Former Monero (XMR) lead developer Riccardo Spagni, known in crypto space as ‘Fluffypony’, has presented the result of more than a year’s work. Together with the law firm Perkins Coie and developers from Tari Labs, the whitepaper “Anti-Money Laundering Regulation of Privacy-Enabling Cryptocurrencies”… Source link

Source: Adobe/alswart Exploring an issue that continues to spur controversies in the more traditional circles of global finance, a new white paper by international law firm Perkins Coie claims that regulated financial institutions can ensure compliance with anti-money laundering (AML) obligations when supporting privacy tokens. “This 40-page report is the most comprehensive to-date on compliance and Monero and will greatly assist adoption of XMR!” the team behind the most popular… Source link

Bitcoin (BTC) will “crash” when the world finds a coronavirus vaccine that works, popular author Robert Kiyosaki claims. In a tweet on Sep. 15, Kiyosaki, famous for his book, “Rich Dad Poor Dad,” warned that a functional solution to Covid-19 would send safe-haven assets plummeting. Kiyosaki: vaccine “crash” will be Bitcoin buying opportunity “What happens when vaccine is proven?  Gold silver Bitcoin will CRASH. Buying opportunity,” he wrote.  Continuing, Kiyosaki argued that… Source link

Litecoin Litecoin fell by 1.59% on Tuesday. Partially reversing a 1.93% gain from Monday, Litecoin ended the day at $48.32. A mixed start to the day saw Litecoin rise to an early morning intraday high $50.33 before hitting reverse. Litecoin broke through the first major resistance level at $50.14 before sliding to a final hour intraday low $48.14. Steering clear of the first major support level at $47.63, Litecoin wrapped up the day at $48.30 levels. At the time of writing, Litecoin was down by… Source link

Bakkt, a regulated platform for crypto asset custody and trading owned by Intercontinental Exchange, has reported record daily trading volumes for its physically-settled Bitcoin (BTC) futures contracts. On September 16, Bakkt announced that more than $200 million worth of BTC contracts had been traded over a single day — breaking its previous record by 36%. According to crypto market data aggregator Skew, the record figure is roughly double the average daily volumes posted throughout… Source link

Litecoin 4 Hour Price Update Updated September 17, 2020 07:19 AM GMT (03:19 AM EST) Litecoin is up 0.37% ($0.18) since the previous 4 hours, marking the 2nd consecutive candle an upward move has occurred. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 2nd since the previous 4 hours in terms of percentage price change. Litecoin Daily Price Recap Litecoin closed the previous day down 1.18% ($0.57); this denotes the 2nd day in a row a decrease has occurred…. Source link

Recently, Jim Cramer, the host of CNBC’s Mad Money, says he might invest 1% of his net worth in Bitcoin (BTC). The famed investor drew comparisons between BTC and gold and cited the importance of hedging against inflation. During a podcast with Anthony Pompliano, Cramer said he would “take a shot at that with 1%.” Since the lead up to Bitcoin’s 2017 bull run, CNBC, Bloomberg and institutional analysts have been extremely critical of the digital asset. Most claimed that cryptocurrencies… Source link

Jim Cramer, the Mad Money host and The Street co-founder, said he is “fixated” on needing to own bitcoin because he fears a “massive amount of inflation.” While he owns “so much gold,” he is adamant about leaving a bitcoin inheritance to his children. Jim Cramer to Regularly Buy Bitcoin Jim Cramer is the host of Mad Money on CNBC, a former hedge fund manager, and a co-founder of Thestreet.com, a financial news and literacy website. During a podcast interview with Morgan Creek… Source link

The IRS want to trace Monero transactions, which – unlike Bitcoin – are entirely private Cracking Monero could help the IRS trace those who have avoided paying tax, and assist in criminal investigations Do you think you can crack Monero’s layers of privacy? The IRS would like to hear from you. Monero (XMR) is a famously privacy-centric cryptocurrency, with features built into it from its inception that claim to make transactions untraceable and completely private, hiding the details… Source link

Market capitalization and ‘flippenings’ happen to be important reflections of value for many crypto pundits and investors. Anyone who’s been in the game since 2017 will recall the heated discussions revolving around the Ether (ETH) to Bitcoin (BTC) flippening and the same commotion was caused by Bitcoin Cash (BCH) and EOS flipping top blockchains as they moved into the top-5. Now traders’ attention has shifted to Polkadot (DOT) as the network is currently ranked top-5 cryptocurrency by… Source link