The SEC is seeking to freeze the assets of Reggie Middleton, organizer of the $14.8 million Veritaseum (VERI) ICO.
The G20 Summit held in June 2019 gave birth to a litany of questions and concerns. Chief among these is the issuance of new Financial Action Task Force (FATF) regulations, and what they mean for the future of cryptocurrency. While the regulations are not binding, each member country must determine how to become fully compliant. […]
Korean tech giant Samsung has added Bitcoin support to its Blockchain Keystore SDK. This will eventually allow users to use Bitcoin with applications via the company’s secure storage hardware featured on supported devices. In addition to adding Bitcoin, the Samsung Blockchain Keystore SDK will also support the Klaytn network too. Klaytn is the blockchain effort […]
The spread between the price of bitcoin on South Korean and U.S.-based crypto exchanges has disappeared after hitting 2019 highs.
The US Securities and Exchange Commission (SEC) must approve or disapprove at least two Bitcoin exchange-traded funds (ETFs) this October. 2-Month Countdown To Bitcoin ETF Decision In filings released August 12, the SEC chose to postpone final judgement on three ETFs it is currently considering. The offerings, sponsored by VanEck/SolidX, Bitwise and Wilshire Phoenix, all […]
Following the ruling, PlexCorps must disgorge $4.56 million in addition to some $350,000 in interest.
IndoEx, an international company with HQs in Estonia and branch office at UK & representatives around the globe, has announced the launch of the first EU regulated crypto-to-fiat exchange. With the trading performance of millions of operations per second, a wide range of deposit and withdrawal methods (wire transfers, payment cards, instant payments), support of […]
Crypto hedge fund executive, Murad Mahmudov this morning added his voice to the growing song of experts calling for $100k a bitcoin. The CIO of Adaptive Capital weighed in on the technical debate observing that the current choppy price action is most likely just a “steady accumulation” phase. At first glance this looks like a […]
Bitcoin, the world’s number one cryptocurrency by market capitalisation, has been championed by many as a suitable hedge against the often-reckless and self-serving economic policies of governments. This includes episodes of currency devaluation caused by the very threat of such policies. Such is happening right now in Argentina. Today, the national currency, the peso, has […]
The upcoming crypto derivatives platform Blade has raised over $4 million from Coinbase and SV Angel, among others. A soon-to-launch cryptocurrency derivatives exchange has raised $4.3 million from major investors such as the cryptocurrency platform Coinbase and the investment firm SV Angel. The exchange Blade is scheduled to launch in three weeks’ time. Blade’s funding […]
Poloniex allowed margin trading on the coin until a flash crash wiped out 1,800 bitcoins worth $13.5 million at the time
This article was originally published by 8btc and written by Lylian Teng. China is about to roll out its central bank digital currency (CBDC), which features a two-layer operation mechanism, with China’s central bank running the top layer and business institutions running the second layer, said Mu Changchun, deputy chief at the Payment and Settlement […]
Bitcoin and the aggregated crypto markets have been caught in the throes of volatility as of late, and although this volatility has mostly proven to be bullish for Bitcoin, it has largely been devastating for altcoins like Ethereum. Now, one analyst is noting that Ethereum’s decline against Bitcoin may signal that further weakness is imminent […]
Five of the world’s biggest Bitcoin exchanges all saw more money leave them than enter them this weekend, data shows. Money on the Move As highlighted by ecosystem monitoring resource Token Analyst, August 12 saw a surprisingly taxing trading session for exchanges, despite ongoing strength in the Bitcoin price. 24H BTC exchange on-chain flows:#binance: $20M […]
The New Zealand Tax Department has just issued guidance on salary payments made in Bitcoin and other cryptocurrency. This confirms that such payments are entirely within the law, and clarifies how to deal with them in accounting. Pay Me In Bitcoin The ruling covers payment of wages or salary (including bonuses) either wholly or in part […]
Goldman Sachs is predicting a new 2019 bitcoin price high of $13,971 once the current pullback is over. 30% Bitcoin Price Pullback — Another Buying Opportunity? In a note released to investors, the Wall Street bank predicted a short-term bitcoin price target of $13,971. Going by the current market value, this forecast indicates a 25% […]
Coinspeaker New Zealand Gives Greenlight for Cryptocurrency Income and Salary Payments New Zealand has published a ruling by its tax authorities that allows paying workers’ salaries with cryptocurrency. The publication also includes specific requirements regarding this issue. New Zealand Gives Greenlight for Cryptocurrency Income and Salary Payments Continue reading at Coinspeaker
Coinspeaker Coinbase Is Delisting the ZCash Cryptocurrency for U.K. Customers In an unplanned announcement, crypto exchange Coinbase is going to delist privacy-centric cryptocurrency ZCash for the U.K. due to some regulatory concerns. Coinbase Is Delisting the ZCash Cryptocurrency for U.K. Customers Continue reading at Coinspeaker
Donald Trump is stoking the flames of a new currency war, creating a do-or-die moment for the cryptocurrency movement, writes Michael J. Casey.
Hi Readers, welcome to cryptocurrency price analysis for the week. Do not forget to check movers and shakers for this week at the last of the article. Bitcoin (BTC) This week Bitcoin continued to get positivity even though the market overall was damp. The prices hit a high point of USD 12,273.82 and the lowest […]
On August 6, 2019, the Financial Intelligence Unit (FIU) of the Financial Services Commission in South Korea revealed plans to institute direct regulations on cryptocurrency exchanges, local news source Business Korea reports. Up until now, FIU has often regulated exchanges indirectly through their banks. Quoting an official with the FIU, Business Korea reported that the […]
Noelle Acheson points out that the LedgerX confusion highlights potential CFTC priorities regarding the regulation of crypto derivatives that could lead to the opposite of what the regulator intends.
David Marcus, the man who has come to personify the seismic change in the global financial system, has come a long way to the helm of Facebook’s Libra… David Marcus, the man spearheading Facebook’s blockchain effort, has gotten a tremendous amount of spotlight lately. The rapid emergence of Libra has dominated the coverage of other […]