SEC Chairman: Tokens are Not Exempt From Regulation, Expresses Discomfort
Government agencies all over the world scrutinize ICOs and their associated tokens. The SEC is an excellent example of the most recent developments taking place. Chairman...
IMF Chief Says Global Economic Outlook is Worsening, Optimism Towards Cryptocurrency
The financial system is still under a lot of pressure. Since the financial crisis of 2008, very little has changed to alleviate existing concerns. IMF chief...
Asian Cryptocurrency Trading Update: Ethereum Classic The Only Winner
FOMO MomentsCurrent performing altcoins are Ethereum Classic, Binance Coin, Qtum and Bitcoin Diamond.The massive selloff that initiated with a huge crypto dump on Sunday has continued...
Coinbase Unexpectedly Announces Ethereum Classic Support, Volume Surges
Despite the market downturn, with Bitcoin and other altcoins dropping 15% in the past 48 hours, Coinbase has decided to make an unexpected announcement, quickly pushing up...
UK Regulator Warns Institutions of Greater Levels of Risk Posed by Cryptos
The U.K.’s Financial Conduct Authority (FCA) has penned a letter addressed to CEOs of companies that are exposed to cryptocurrency in some way. In the correspondence,...
Bitcoin Rebound Not Likely in the Short-Term, Analysts Eye $7,777 to Signal Uptrend
According to experts at Fundstrat, the price drop of Bitcoin to below $7,000, a two-month low, indicates that the coin will have a difficult time recovering...
LA ‘Bitcoin Maven’ Trader Pleads Guilty of Running an Illegal Money Exchange
In what’s being reported as the first case of its kind in Southern California, a woman has pleased guilty to running an illegal money exchange using...
Japanese Giant Fujitsu Unveils Blockchain System for Retail Rewards
Japanese information and communication technology giant Fujitsu has revealed plans to use the blockchain to create a rewards system — think coupons and loyalty points —...
Tether Overtakes Monero and Dash as Investors Wait for Bull Market
U.S. dollar backed stablecoin Tether (USDT) has overtaken privacy coins Monero and Dash to reach the 12th highest cryptocurrency by market cap following a recent drop...
No, Bitcoin Price Didn’t Fall Because a Minor Cryptocurrency Exchange was Hacked
The Bitcoin price has taken another massive dip over the weekend. Pinpointing the exact reason for that development is not all that easy. Some people blame...