SEC Suspends Trading in Bitcoin and Ethereum Exchange-Traded Product
The regulator pointed to “a lack of current, consistent and accurate information” in the two crypto investment vehicles issued by Swedish firm XBT Provider AB following their entry into the US market last month. The U.S. Securities and Exchange Commission (SEC) on Sunday issued an order to halt the trading in Bitcoin Tracker One (CXBTF) […]
Blockchain Studio was created by ENGIE
The Blockchain is a revolutionary technology affecting all sectors ranging from energy to banking, to agri-food or mass distribution. However, most Blockchain projects stagnate at the “proof of concept” stage and this technology still remains the domain of experts and specialists. Blockchain Studio was created by ENGIE and Maltem in order to democratise the uses […]
Bitcoin Price Stabilizes at $6,400
From August 8 to August 26, for more than three weeks, Bitcoin had been relatively stable in the $6,500 to $7,000 region, demonstrating small volatility. However, from August 27 to early September, as Bitcoin started to see some major movements on the upside, the cryptocurrency market began to demonstrate extreme volatility. As seen on September […]
Crypto Wallet Vows to Make Transferring Funds as Simple as ‘Sending a Text’
The company behind “one of the world’s most secure mobile cryptocurrency wallets” says its platform offers banking-grade features to protect tokens, while ensuring that completing transactions is as simple as “sending a text.” SovereignWallet says one of its main motivations is promoting financial inclusion and enabling the unbanked to create accounts for crypto directly from […]
Brian Kelly: ICOs Here to Stay
In a recent interview with Cointelegraph, Brian Kelly, the founder and CEO of digital currency investment firm BKCM LLC, said that Initial Coin Offerings (ICOs) are around to stay, but with some changes. Kelly, who is also a crypto analyst and regular contributor to CNBC, sat down with Cointelegraph to discuss various aspects of the […]
Turkish Exchange Develops Blockchain-Based Customer Database
Turkey’s Borsa Istanbul Stock Exchange (BIST) has developed a blockchain-powered customer database, Daily Sabah reported September 6. Founded in 2013, BIST is the result of the merger of the Istanbul Stock Exchange, the Istanbul Gold Exchange, and the Turkish Derivatives Exchange (TurkDex). Per the exchange’s annual report for 2017, it has 399 listed companies, a […]
SEC Denies Bitcoin ETFs Because Applicants Do Not Fit Industry Archetype
The reason the U.S. Security and Exchange Commission (SEC) has insofar denied crypto exchange traded funds (ETFs) is because the crypto industry does not fit the applicant archetype, according to the CEO of crypto payment startup Abra, CNBC reported September 4. Speaking in an interview with CNBC’s “The Coin Rush,” Bill Barhydt suggested that the […]
Litecoin Price Nears $70
Litecoin’s (LTC) price hit a one-month high on Monday amid a broader bullish tone in the cryptocurrency market. The world’s seventh largest cryptocurrency by market capitalization reached $68.59 at 12:10:00 UTC – its highest price since August 7th, Litecoin Price Index – and was last seen trading at $68.18, up roughly 4.2 percent on the […]
Where is Bitcoin Going Next?
Since early August, Bitcoin has shown a level of stability it hasn’t seen since early 2017. Throughout this week, bitcoin price has remained above the $7,200 mark. Since Sunday, the cryptocurrency market has not seen any major movement to both the upside and downside, possibly due to the lack of momentum and volume in Bitcoin, […]
Deutsche Bank Institutional Trader Joins Japanese Crypto Startup
A former Deutsche Bank trader has joined Japanese crypto exchange-startup FXcoin Ltd., Bloomberg reports September 3. According to the announcement, Yasuo Matsuda, an institutional trader from Deutsche Bank, will join FXcoin as a senior crypto strategist starting in September 2018. The strategist position includes providing analysis of crypto markets and daily reports on the market’s activity. The newly […]
Crypto Exchange Bittrex Invests in Malta-based Blockchain Company
Bittrex, one of the leading cryptocurrency exchanges in the world, has just bought a 10 per cent stake in Palladium, a Malta-based blockchain company. Bittrex, whose technology is designed to build and power crypto trading platforms to provide reliability and security, is based in the US and is a leader in the global blockchain revolution. […]
Bitcoin to Hit $20k in 2018
Fundstrat’s Tom Lee, a Bitcoin permabull known for his optimistic price targets for the dominant cryptocurrency, has said that Bitcoin will likely end the year explosively higher possibly at $20,000. In an interview with CNBC, Lee stated that over the past year, Bitcoin, which has failed to show a correlation with the broader financial market […]
Colombian President Promises to Cut Rent Taxes for Crypto Firms
Colombian President Ivan Duque has recently promised to cut taxes for cryptocurrency and blockchain startups, local newspaper El Tiempo reported Wednesday, August 29. Duque delivered an opening message during ANDICOM, an international congress on information and communications technology (ICT) held annually in Cartagena de Indias, Colombia. A recording of his speech is now available on YouTube. President confessed that […]
BCH Network Confirms 2M Transactions in 24-Hours
On September 1, 2018, the Bitcoin Cash (BCH) network was put to the test as BCH proponents flooded the mempool with millions of transactions. According to statistics during the last 24 hours, BCH miners have processed over 2 million transactions so far. The Bitcoin Cash chain is chugging along processing millions of transactions on September […]
Bitcoin’s Next Big Software Upgrade
Bitcoin may be hard to use even with consumer-friendly tools, while running its core infrastructure is even harder. However, this isn’t stopping efforts to change that. The global, volunteer developer group behind the most popular implementation of the software, Bitcoin Core, is soon to debut its 17th major software release, one which puts to code […]
Taiwanese Congressman Trying to Turn Taiwan into a Technological Powerhouse
Jason Hsu, the man dubbed the ‘Crypto Congressman’ by Ethereum founder Vitalik Buterin, is on a mission to turn Taiwan into a technological powerhouse, specifically in the fields of virtual currency and blockchain. Since becoming an official Member of Parliament in 2016, Hsu has worked to foster initiatives concerning autonomous vehicles, cybersecurity, and the digital […]
Accelerator to Train 1000 Staff in Blockchain Over 2 Years
U.K.-based multinational professional services network PricewaterhouseCoopers (PwC) will bolster its employees’ blockchain knowledge through a dedicated program next year, Digiday reported Thursday, August 30. Part of a coordinated push to enhance digital awareness, the company will put 1000 staff through its Digital Accelerators program, which will run for two years from January. Participants will forego a portion of their […]
Apple Abruptly Orders Coinbase Wallet to Remove Crypto Collectible
It seems iPhone users won’t have access to the crypto collectible craze anytime soon. The news comes after forthcoming video game War Riders was featured on the Coinbase Wallet iOS app and then quickly withdrawn. In War Riders, players drive around an apocalyptic wasteland, building up armies of vehicles – vehicles represented by non-fungible tokens, or NFTs, on […]
