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Gazprombank Switzerland Executes First Bitcoin Trades, Announces Payments Initiative

Gazprombank (Switzerland), an arm of the bank owned by Russian energy giant Gazprom, has carried out the first client transactions as part of its new bitcoin services.Announced Tuesday, the bank’s launch of institutional cryptocurrency services comes after approval was granted by the Swiss Financial Market Supervisory Authority.“Digital assets will become

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Market Wrap: As Stocks Rally, Bitcoin Trades Above $9.3K for the First Time in 10 Days

A rising tide in equities is lifting all boats – including in the bitcoin market.  Bitcoin (BTC) is trading around $9,295 as of 20:00 UTC (4 p.m. ET), gaining 2.7% over the previous 24 hours.Bitcoin’s 24-hour range: $8,938 - $9,345BTC above 10-day and 50-day moving average, bullish signal for market technicians.Bitcoin

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Coinsquare CEO Accused of Orchestrating Wash Trades

In the latest blow to the embattled Canadian cryptocurrency exchange Coinsquare, reports are accusing the platform’s top executive of orchestrating a wash-trading scheme in clear violation of securities law.Wash-trading refers to an exchange artificially inflating its trade volume through executing larger zero-fee market trades into their own orders, creating the

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“Scary” Fractal: It’s Only a Matter of Time Before Bitcoin Trades at $14,000 Again

Bitcoin’s recent price action has seen it fail time and time again to break into the $10,000s. Just recently, the cryptocurrency dove 4% yet again, falling from the high-$9,000s to $9,400.It’s consolidation under a key resistance that has had some analysts skeptical that Bitcoin will continue even higher.Yet an eerily

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