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CryptoCurrency News from around the World and beyond. This section focuses on what is happening with cryptocurrency now. So that is things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new ICOs, upcoming forks, etc.
The SEC has filed to sue Kik for selling an unregistered security when it did its KIN ICO. Kik had prepared for the potential lawsuit.
Justin Sun bid $4.57 Million for lunch with Warren Buffet and won. Sun is the founder of Tron and a big supporter of crypto, Buffet is a crypto skeptic.
Bitcoin (BTC) did a classic Bart from May 26th to May 30th. A Bart is a crypto pattern that includes one big green candle and one big red candle of equal magnitude.
Kin (the token behind Kik Messenger) has launched a $5 Million DefendCrypto Fund. The fund will be used to fight a potential legal battle against the SEC.
Greyscale is going to launch the Ethereum Trust to the public. Up until now the trust has only been available to accredited investors.
The US Copyright office granted Craig Steven Wright copyright registrations for the Bitcoin paper and Bitcoin code. This is true even though there is a debate over whether or not Craig is Satoshi.
The SEC has delayed both the Bitwise and VanEck Bitcoin ETFs yet again.
The total crypto market cap excluding BTC is actually in a longterm uptrend since 2015, and after a brutal 2018, back in an uptrend in 2019 as well.
We hadn’t had anything that looked like a bull run in crypto until recently, now we have that typical sizable crypto correction (brought on by a quick dump). Will this dip be bought, or will we see 2018 style panic selling?