Cryptocurrency news from around the world and beyond. We cover what happening with cryptocurrency today. We cover things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new projects, upcoming forks, etc.
Bitcoin rebounded from its 2018 lows. Rallies are always impacted by a range of factors, but one notable event is the launch of Coinbase’s custody solution for institutional investors. Was this the event we were waiting for?
Here in late June 2018 the GBTC premium and the South Korean “Kimchi” premium are quickly disappearing. This has historically been a bullish sign that has signaled the end stages of a bear market.
The Bank of International Settlements (BIS) published a mostly negative report on crypto called “Cryptocurrencies: looking beyond the hype.” The report criticizes much of crypto while noting the potential importance of the underlying technology. The only thing I would point out is that cryptocurrency is software, and thus many of the current issues (from the… Read More
Crypto search trends are finally trending up again after a “search term correction” started in the winter as crypto prices started to drop. Although its too early to say for sure, this is potentially a very bullish sign when considered alongside the price and volume data.
Cash App customers can now buy and sell Bitcoin in New York. Square has been getting into the crypto space allowing Cash App users in most states access to Bitcoin, but New York was excluded from that list until now.
The SEC’s Bill Hinman officially announced that Bitcoin and Ethereum are not securities. That hints that Ripple and other top coins like TRON and NEO may not be securities either. However, Hinman noted that many ICOs are securities.
Coinbase (and Coinbase Pro / GDAX) added support for Ethereum Classic (ETC). This doesn’t mean ETC will start trading right away, it means they plan on implementing ETC trading in the coming months.
A somewhat obscure crypto exchange called Coinrail was hacked Sunday. The Media generally reported that this caused the $1k drop in Bitcoin this weekend… but many in the crypto community beg to differ.
As we have essentially known for sometime, ICOs are almost certainly going to be treated as securities by the SEC. This means about 1/2 of the top coins are likely to be considered securities by the SEC.
Coinbase is on track to operate as a regulated broker-dealer, meaning they are acquiring the proper licenses and waiting approval by federal authorities.
By continuing to use the site, you agree to the use of cookies. more information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.