Does the pullback in Bitcoin price and most major altcoins indicate that lower levels are likely? Let’s study the charts. The wait for a Bitcoin (BTC) exchange-traded fund got a bit longer as the United States Securities and Exchange Commission (SEC) shot down the proposal by Bitwise Asset Management and NYSE Arca. The regulators felt […]
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The chairs of the U.S. SEC, CFTC and FinCEN have issued a rare joint statement urging digital asset holders to comply with AML/CFT regulations. The chairmen of the three primary financial regulators in the United States have released a joint statement warning crypto users of anti-money laundering (AML) and countering the financing of terrorism (CFT) […]
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Major cryptocurrency markets have seen a sharp drop today, with total market capitalization around $224 billion. Friday, Oct. 11 — Major cryptocurrency markets have continued sliding over the day, with only three coins in the top-20 list reporting gains. Cryptocurrency market daily overview. Source: Coin360 The top cryptocurrency Bitcoin (BTC) is trading at around $8,355, […]
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One of China’s BTC mining giants, Canaan Creative will reportedly be listed as a publicly traded firm in the U.S. in November 2019. Chinese crypto mining giant Canaan Creative plans to list as a publicly traded company in the United States in November 2019, according to an unconfirmed report. Canaan to issue 1.26 billion shares […]
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Litigation firms files lawsuit against Tether and Bitfinex, as legal experts debate whether the companies manipulated the value of USDT. At the start of October, New York-based legal firm Roche Freedman filed a new class-action lawsuit against stablecoin firm Tether and digital currency exchange Bitfinex. The case accuses the aforementioned entities of manipulating the market […]
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FC Bayern Munich to launch digital collectibles of its players using blockchain technology. Germany’s FC Bayern Munich has become the latest football club to announce blockchain-based merchandise for fans. As reported Oct. 11, the club will partner with Stryking Entertainment to produce digital collectibles of its players. Play FC Bayern Munich past vs. present The […]
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Ethereum co-founder turned Cardano creator Charles Hoskinson believes that if Bitcoin fails, the entire cryptocurrency industry could fail. Ethereum (ETH) co-founder turned Cardano (ADA) creator Charles Hoskinson believes that if Bitcoin (BTC) fails, the entire cryptocurrency industry could fail. Hoskinson made his remarks during an interview for the Off the Chain podcast on Oct. 10, […]
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An attempt to break sideways trading pattern failed to gain momentum, taking Bitcoin price 2% lower and disappointing traders. Bitcoin price (BTC) traded broadly lower on Oct. 11 after sudden volatility broke a sideways trend in place since earlier in the week. Cryptocurrency market daily overview. Source: Coin360 Bitcoin analyst prepares for range-bound trading Data […]
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Bottle Pay app gets £1.6 million investment to facilitate access to Bitcoin for everyone even without an account. A U.K. tech firm has raised a £1.6 million ($2 million) investment for an app that allows users to send Bitcoin (BTC) using their social media accounts. As reported in the North East Times, Oct. 11, Newcastle […]
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Bitcoin’s profile for wealth protection gains momentum in the media as Hong Kong Free Press dumps BitPay. Bitcoin’s (BTC) use as a protector of wealth is coming to the fore in Hong Kong as trading volumes spike and businesses iron out problems with acceptance. Trading record underscores Bitcoin’s “non-seizability” As multiple commentators including Morgan Creek […]
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