The country that tried to ban Bitcoin in 2013 is now home to some of the world’s most permissive ICO regulations. After initially seeking to ban Bitcoin in 2013, Thailand has since developed a permissive regulatory apparatus for digital currencies and cryptocurrency fundraising methods. Thai financial services firm Seamico Securities recently announced that it has […]
Continue Reading
In his latest comments to Facebook CEO Mark Zuckerberg, the infamously anti-Bitcoin California congressman admitted cryptocurrency had a chance of succeeding. The United States congressman who said the country should ban cryptocurrency returned to publicly slating the phenomenon this week. Sherman: Crypto could “achieve its objectives” During the latest hearing over Facebook’s Libra digital currency […]
Continue Reading
External pressure appears to influence sentiment as Facebook grilling by U.S. Congress coincides with a sudden Bitcoin price crash. Bitcoin price (BTC) hovered near widely-predicted support levels on Oct. 24 after a day of carnage sent markets tumbling to five-month lows. Cryptocurrency market daily overview. Source: Coin360 Bitcoin battles fresh Congressional criticism Data from Coin360 […]
Continue Reading
Zeeshan Feroz, United Kingdom CEO of Coinbase, has argued that we need centralized entities like central banks and Facebook to support the crypto ecosystem. Zeeshan Feroz, United Kingdom CEO of Coinbase, has argued that we need centralized entities like central banks and Facebook to support the crypto ecosystem. In an interview with CNBC published on […]
Continue Reading
The CEO of major United States crypto exchange Coinbase, Brian Armstrong, said that the exchange generated nearly $2 billion in transaction fees since 2012. At Vanity Fair’s New Establishment Summit, Coinbase CEO Brian Armstrong said that Coinbase has generated close to $2 billion in transaction fees since it launched in 2012. On Oct. 23, the […]
Continue Reading
Major cryptocurrency exchange Binance prepares to list the first-ever SEC-sanctioned Blockstack token. Major cryptocurrency exchange Binance is preparing to expand its token offering with the listing of Blockstack (STX). According to an announcement on Oct. 23, the cryptocurrency exchange will open trading for STX/Binance Coin (BNB), STX/Bitcoin (BTC) and STX/Tether (USDT) trading pairs on Oct. […]
Continue Reading
Almost half of all people working in the blockchain industry are reportedly employed by cryptocurrency exchanges. Almost half of all people working in the blockchain industry are employed by cryptocurrency exchanges, new research from industry-focused publication The Block reveals. The Block published the research results on Oct. 23, stating that 42% of people at 158 […]
Continue Reading
The crypto space is deep in the red. Is this a bear trap or the start of a new downtrend? Let’s analyze the charts. Bitcoin’s (BTC) plunged today, dragging the whole crypto space along with it. The total crypto market capitalization has broken below the $209 billion mark from where it had bounced on two […]
Continue Reading
The U.S. Department of the Treasury said it will monitor Facebook’s Libra stablecoin and associated wallet Calibra following a letter from Rep. Emanuel Cleaver. The United States Department of the Treasury has agreed to the need for an investigation into Facebook’s forthcoming Libra stablecoin following a letter from Representative Emanuel Cleaver. Per a press release […]
Continue Reading
Why did is Bitcoin dropping? Let’s take a look at a few possible causes of today’s sudden plunge and look at the charts to evaluate the next possible move. The moment many traders have anxiously anticipated arrived this morning as Bitcoin price (BTC) plunged below $7,800 and eventually settled near $7,400. It’s possible that the […]
Continue Reading