Crypto News
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Kim Dotcom Creates Own Cryptocurrency Aimed at Content Creators
Kim Dotcom has embarked on a project to create its own cryptocurrency that will enable direct monetisation by content creators rather than depending on third parties and intermediaries. The digital publishing industry is confronted with the outcry of fraud and poor remuneration for publishers among other vices. The bulk of these problems are blamed on the opaque […]
Circle Taps Fmr. Goldman Sachs Executive to Spearhead Regulatory Affairs
Circle Internet Financial has hired Benedicte Nolens, a former Goldman Sachs executive director, as its new head of global regulatory affairs and head of compliance for Europe and Asia operations, as the company expands into global crypto securities trading, according to Business Insider. Benedicte Nolens | Source: LinkedIn Nolens brings significant regulatory experience, joining Circle directly from the Hong […]
Movers of the Day
Tokens that moved the most in the last 24 hours: DMarket (DMT) Volume is a secondary indicator to price; it provides more information about the price trend but doesn’t provide trade signals on its own. 24hr volume is 5x greater than market cap. It is not sustainable and not healthy. DMarket got some great news […]
Samsung: Smartphones are the Most Secure Device When Using Cryptocurrency
According to Samsung, the $290 billion behemoth which dominates every major industry in South Korea, smartphones are the safest device to use when transacting using cryptocurrency Smartphones Over Laptops Smartphone wallets such as Blockchain and Jaxx are the go-to applications the majority of cryptocurrency users utilize to send and receive payments with digital assets. Joel […]
Crypto ETF Rejection Sends Bitcoin Price Below $8,000
Within hours that the SEC announced that it has rejected a proposed bitcoin ETF submitted by the Winklevoss Twins, the bitcoin price dipped below the $8,000 mark and is now currently teetering back and forth across that psychologically-significant level. On the breaking ETF announcement earlier today. About the ETF The announcement comes after the SEC reviewed the application a […]
Bitcoin Price Slides After SEC Rejects Winklevoss ETF
The bitcoin price careened back toward $8,000 on Thursday after the U.S. Securities and Exchange Commission (SEC) rejected the Winklevoss twins’ second attempt to create a bitcoin ETF and list it on a regulated stock exchange. The bitcoin price had entered the evening trading at approximately $8,300, a mark it managed to hold until shortly after 20:30 […]
CFTC Does Not Regulate Retail Crypto Markets: Chairman Chris Giancarlo
The United States Commodity Futures Trading Commission (CFTC) Commissioner J. Christopher Giancarlo has stated that the agency’s primary remit is not to exercise regulatory jurisdiction over cryptocurrency trading markets and other cash markets, but to deal with fraud and compliance in large futures markets. He made this comment while responding to a question from Rep. […]
Bitcoin ETF Will Lead to Billions of New Capital [But Not in 2018]
The cryptocurrency industry has been highly anticipating the debut of a bitcoin exchange-traded fund (ETF) by the end of 2018. But, some analysts believe it will not arrive until next year. Potential Impact of a Bitcoin ETF As a publicly-traded instrument, a bitcoin ETF has the ability to open a floodgate of capital from retail traders and […]
Stellar Price Continues to Moon, Sees 10% Increase in 4 hours
The stellar price reached a two-month high on Wednesday evening as it soared by well over 10% on major exchanges to reach a value of $0.33 on Bitfinex. Although there did not seem to be any particular news today to trigger this spike, the cryptocurrency — more accurately referred to as lumens (XLM) — has […]
Movers of the Day
Tokens that moved the most in the last 24 hours: Acute Angel Cloud (AAC) ShipChain (SHIP) surged with low volume. Earlier today, the Office of the South Carolina Securities Commissioner concluded its inquiry into allegations that it had received against ShipChain and its token generating event and distribution, and has vacated its cease-and-desist order of […]