Binance to Launch Crypto Travel Rewards Card with Startup TravelByBit

Major cryptocurrency exchange Binance announced in a blog post on Nov. 28 that it partnered with crypto travel startup TravelByBit to launch a rewards card that facilitates crypto payments on major travel websites. Per the announcement, the card will function like a traditional prepaid card with access to additional discounts and rewards that users will be able to load with Bitcoin (BTC), Binance USD (BUSD), Binance Coin (BNB) and Ontology (ONT). The card will be released early next year and will initially target travelers in the Association of Southeast Asian…

5 Reasons Elon Musk’s ‘Pedo Guy’ Court Testimony Could be a Trainwreck

Tesla CEO’s courtroom strategy appears to be that he is his own best defense lawyer. With this strategy, more legal setbacks could be awaiting  Eon Musk. The defamation trial kicks off early December. Elon Musk suffered a legal blow earlier this week when a federal judge rejected the Tesla (NASDAQ: TSLA) CEO’s attempts to have a defamation lawsuit filed against him by a British cave explorer thrown out. Now the tech visionary could be setting himself up for more legal setbacks with his newest decision to testify in his own…

A Third of Crypto Exchanges Have Little or No KYC, Says CipherTrace

The FATF guidance, which is more or less obligatory for its 39 member nations and jurisdictions to adopt in regulation, stipulates that exchanges, or virtual asset providers (VASPS), must obtain, store and be able to pass on data on their users when transactions worth $1,000 or over are made. This provides a digital paper trail that can be followed in order to prevent financial crimes such as money laundering or terrorism financing. Author: Daniel Palmer Source link

Bitcoin Cash Likely Setting Up For Crucial Upside Break

Bitcoin cash price is up around 10% from the $200 support area against the US Dollar. The price is currently consolidating gains and it seems to be setting up for more gains above $225. There is a short term declining channel forming with resistance near $222 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to surge towards $250 once it clears the $225 resistance area. Bitcoin cash price is showing positive signs above the $215 level against the US Dollar. BCH/USD remains…

What the Crypto Markets Are Saying About the Future of Bitcoin

Oliver von Landsberg-Sadie, CEO of BCB Group, a regulated financial services enterprise for digital assets, said Kruger’s second scenario, in which scarcity continues to drive prices higher is likely to remain a constant forever. He also said global cryptocurrency adoption was a long way from mainstream adoption but said the markets continue to march on, regardless of price. Author: Sebastian Sinclair Source link

PlusToken Scam Selling Could Dump BTC Price For the Next Two Months

This year has yielded significant price action for Bitcoin (BTC), both to the upside and to the downside. Bitcoin’s price recently fell to around $6,500 as selling pressure continues to plague the market.  Recent data from crypto-Twitter analyst Ergo shows such selling is possibly due to further liquidation of 200,000 BTC in funds from the alleged PlusToken ponzi scheme.  Ergo said in a tweetstorm: “If my numbers are correct, the 200k BTC estimates reported earlier this year were correct, and market impacts will continue for some time.”  Back in August,…