Coins

Bitcoin & Cryptos will see a Sharp Breakout in Coming Years, Goldman Sachs-backed Circle’s CEO

January 24th, 2019

While some are calling out for Bitcoin to tank, others like Goldman Sachs-powered Circle are seeing a bright future for Bitcoin and crypto. Crypto is Fundamental to the Future Currently, the crypto space is going through a prolonged bear market after touching the peak in December 2017. The market has seen several attempts by bulls…

Singaporean Monetary Authority Halts ICO Token for Regulatory Breach

January 24th, 2019

An official website of Monetary Authority of Singapore (MAS) has published a report of ceasing a security token offering. According to the statement, the firm wasn’t authorized for a certain offering to proceed under the Securities and Future Act (SFA). MAS Ceased ICO Offering The news broke out on Thursday, Jan 24, 2019, via the…

Unlike CBOE’s Pulling Off ETF, Winklevoss Brothers are ready with a plan for Bitcoin ETF Approval

January 24th, 2019

Bitcoin ETF rejection by SEC isn’t the full stop for Winklevoss brothers, Gemini’s founders have got a plan for Bitcoin ETF approval. Winklevoss Twins – All set with Plan While in a heat of government shut down, CBOE is pulling off its long-awaited bitcoin ETF application, on the other hand, Gemini’s twin brothers have outlined…

Cryptocurrencies are More like Assets and Not Currency, says Swiss Central Bank at WEF 2019

January 24th, 2019

During a World Economic Forum in Davos, Switzerland on Wednesday, Swiss National Bank President speaks about crypto assets and said it’s not a currency. Swiss Central Bank Raising Eyebrows Every discussion on the growth of cryptocurrency comes with ‘regulation’ at its core. In a similar context, WEF conference (organized for Jan 22 and 25, 2019)…

EXMO Cofounder Predicts Increased Crypto Liquidity, Falling Stock Markets in 2019

January 24th, 2019

Co-founder of cryptocurrency exchange EXMO Ivan Petukhovsky has predicted that 2019 will be characterized by bearish stock market movements and increased interest in cryptocurrency, leading to enhanced crypto liquidity. In an article published earlier today on the official EXMO blog, Petukhovsky predicted that “garbage assets” in the cryptocurrency market will disappear, and deployment of comprehensive…

Apollo (APL) Founder Steve McCullah Finally Speaks on Scam Allegations

January 24th, 2019

Recently, there was a story questioning the authenticity of Apollo (APL) cryptocurrency and its founder Steve McCullah. This started with a Reddit post by a user named RozzyPoffle. The founder of Apollo, however, has spoken up, denying all the allegations against him and his company although the cryptocurrency community is definitely not convinced by his…

Europol Arrests Man For Stealing 10 Million EUR Worth of IOTA

January 23rd, 2019

Police officers from the UK’s South East Regional Organised Crime Unit (SEROCU) have arrested a 36-year-old British man in Oxford, who was identified by their German counterparts from the Hessen State Police as a suspect in the theft of more than €10 million ($11.4 million) worth of IOTA in January 2018. In a statement released…

SEC is not Against Crypto ETF – Bitwise Explains

January 23rd, 2019

Over the past couple of years, SEC has been ruthless in delaying and denying the Bitcoin ETF. But still the latest entrant in this race of Bitcoin ETF, Bitwise Asset Management feels SEC is not Anti Crypto but it usually takes time to approve the “first” ETF in every category that has appeared in front…

Japan to Launch Blockchain Payment Experiment for Tokyo 2020 Olympics

January 23rd, 2019

Japan’s famously conservative financial system is set to receive the biggest shakeup in decades as one of the world’s largest financial institutions is building a blockchain-based consumer network designed to handle a million transactions per second in time for the Tokyo 2020 Olympics. The MIT Technology Review reports that Mitsubishi UFJ Financial Group (MUFG), which…

Expert Opinion: Community Debates Whether Crypto Price Manipulation Is Real?

January 23rd, 2019

“This analysis is an adaptation from the work of Mati Greenspan, Senior Market Analyst at eToro” Key Highlights Does crypto price manipulation exist in reality? New Research Paper from BIS explores the economics of intervention into Bitcoin’s Blockchain Author of the paper also discusses how a 51% attack might play out Does price manipulation actually exist…