Cryptocurrency bull Brian Kelly has predicted that the next Bitcoin target is going to be $6,000. Brian Kelly, the founder and CEO of digital currency investment firm BKCM LLC, said that the next Bitcoin (BTC) target is going to be $6,000, CNBC reported on April 2. During an interview on CNBC’s “Futures Now” show, Kelly […]
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The service is the first of its kind locally, the company says, and utilizes U.K.-based insurance solutions. Hong Kong trading and asset management firm Branding China Group (BC Group) is launching an insured custody service for cryptocurrencies, the company confirmed in a press release shared with Cointelegraph on April 1. BC Group, which owns a […]
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Ethereum-based prediction market Augur is reportedly currently facing a design flaw attack, according to the research. Ethereum-based (ETH) prediction market Augur is currently facing a design flaw attack, according to research by cryptocurrency exchange Binance released on April 1. The aforementioned attack involves a controversial market described as betting on the price of ETH at […]
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Bitcoin ETF proposals show the SEC softening its views and the public remaining ambivalent. It may span only a couple of years, but the history of Bitcoin exchange-traded funds (ETFs) and the United States Securities and Exchange Commission (SEC) is already a long one. Back in March 2017, the SEC rejected the application for a Bitcoin […]
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This week saw the hacks of several large cryptocurrency exchanges, while the SEC pushed back their BTC ETF decision. Top Stories This Week Owner of ICO That Never Happened Attempts to Sell Project on eBay for $60,000 The owner of a crypto-related startup dubbed Sponsy, which never launched its initial coin offering (ICO), is attempting […]
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The top 20 cryptocurrencies are reporting mixed movements on the day as Bitcoin stays near $4,100. Saturday, March 30 — the top 20 cryptocurrencies are reporting mixed movements on the day by press time, as Bitcoin (BTC) stays near $4,100. Market visualization courtesy of Coin360 Bitcoin has seen nearly no price movement on the day, […]
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Bakkt announced that former cybersecurity expert at IBM, Cisco and Endgame Tom Noonan will become the chairman. Kelly Loeffler, the CEO of institutional trading platform Bakkt, announced that former cybersecurity expert at IBM, Cisco and Endgame Tom Noonan will become the chairman of its board of directors. The development was reported in a Medium post […]
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The U.S. SEC has delayed its decision on the VanEck and Bitwise Bitcoin ETF applications The United States Securities and Exchange Commission (SEC) has delayed its decision on a rule change to the Securities Act that would allow the listing of Bitcoin (BTC) exchange-traded funds (ETF). The SEC published its decision in a public notice […]
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Hong Kong’s securities regulator, the Securities and Futures Commission, has issued official guidance on security token offerings. Hong Kong’s securities regulator, the Securities and Futures Commission (SFC) has issued official guidance on security token offerings (STOs), in a statement published on March 28. The guidance aims to clarify the legal and regulatory requirements for parties […]
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Nornickel is reportedly exploring tokenizing palladium in addition to constructing various digital platforms. Russian billionaire Vladimir Potanin is planning to create cryptocurrency tokens backed by palladium, Bloomberg reported on March 27. Potanin — who is CEO of the Russian nickel and palladium mining and smelting company MMC Norilsk Nickel PJSC (Nornickel) — plans to deploy […]
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