Bitcoin Price Analysis: BTC Bounces But Bears Still in Control

Bitcoin price just pulled off a nice 10% bounce with the next level of resistance at $3,700. Let’s take a look at what can happen next? Bitcoin Price: Market Overview Bitcoin price 00 dropped to a new yearly low at $3,210 and the overall market cap now rests at $110.6 Billion. Clearly, bears are still running the […]

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Wyoming Passes Blockchain Bank Bill Despite Industry Opposition

Despite serious opposition from the banking industry, the state of Wyoming has passed a blockchain bank bill almost unanimously. The move further cements the state’s welcoming approach to blockchain integration. 13-1 Majority to Pass the Bill The state of Wyoming has a reputation for being welcoming towards blockchain technology. This reputation was strengthened by a legislative […]

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KPMG: Cryptocurrency Still Far Away From a Store of Value

When Moon? Not soon according to the talking heads at KPMG. Bitcoin and other cryptocurrencies will require a bit more time before they truly function as a reliable store-of-value. We Ain’t There Yet, Says KPMG Whereas in August, KPMG reported that the blockchain industry was maturing and moving beyond experimentation, the latest study authored by KPMG, […]

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Japan’s Financial Regulator Says Stablecoins Are Not Cryptocurrencies

The lack of uniformity in stablecoins has led Japan’s Financial Services Agency (FSA) to conclude that stablecoins are not cryptocurrency. Not All Digital Assets Are Created Equal Japan’s Financial Services Agency (FSA) recently announced that it does not believe stablecoins should be classified in the same category as cryptocurrencies. According to Japan’s Payment Services Act […]

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CFTC Chairman: Two-Thirds of Fiat Currency ‘Not Worth Paper It’s Written On’

The head of the US regulator Commodity Futures Trading Commission (CFTC) sees Bitcoin or other cryptocurrencies helping consumers escape fiat currency in the majority of the world by 2028. Giancarlo: Cryptocurrencies ‘Here To Stay’ As part of comments to CNBC about cryptocurrency regulation in the US, chairman J. Christopher Giancarlo described “two thirds” of fiat […]

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Bitcoin Price Analysis: It’s Getting Down to the Wire

FUD appears to be dragging Bitcoin price through the mud this week. What is really happening, consolidation or a bearish reversal? Bitcoin Price Market Overview As Bitcoin 00 pulls back from a week of inspiring gains, the mainstream media and an array of Bitcoin pundits are calling this a ‘crash’. Rumors of Mt.Gox trustee, Nobuaki […]

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Cyprus Securities Watchdog Launches Blockchain Innovation Hub

Cyprus’s Security and Exchange Commission is exploring options to take advantage of financial innovation while maintaining regulatory oversight over a dynamic, and ever-changing, blockchain and cryptocurrency industry. Due to its strategic location, Cyprus has long been a unique financial hub for Europe. Over the past few years, the Mediterranean nation has rapidly become a hotspot for […]

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SEC Will Review Wednesday Decision to Reject BTC-ETF Proposals

The SEC has decided to review yesterday’s orders denying approval of numerous Bitcoin exchange traded funds. Is There a Light at the End of the Tunnel? In what is sure to be surprising news for all, the U.S. Securities and Exchange Commission (SEC) has decided to place a stay on three orders that rejected Bitcoin […]

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Bitcoin Market ‘Still in a Growth Phase,’ Says Bullish Trading Expert

Octagon Strategy trader Ryan Rabaglia reminds investors to look at the bigger picture for Bitcoin, while claiming increased regulation will eventually drive prices higher. ‘The Markets are Still in a Growth Phase’ A trending belief in the cryptocurrency space over recent months is that increased regulatory clarity will drive the price of Bitcoin 00 higher […]

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Monex Owned Coincheck Confirms Delisting of Privacy Coins

Nick Chong · May 20, 2018 · 10:00 pm CoinCheck has plans to remove 3 privacy coins – Monero, Dash, and Zcash – from their platform along with an ERC-20 token which elicits gambling on a non-regulated platform. Cryptocurrency Privacy: Is It Under Attack? Coincheck has just announced that they will be ceasing the trading […]

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