Bank of America Clarifies its Stance on Crypto on CNBC
Bank of America previously banned crypto credit card purchases and Bitcoin stocks. Today on CNBC they clarified their stance on crypto.
News
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.
New York AG Eric Schneiderman is the Same AG Who Went After Crypto
New York AG Eric Schneiderman stepped down after some scandalous news broke. This is relevant to crypto as that is the same Schneiderman who had just put out a crypto inquiry.
Bytecoin (BCN) Pumped So Hard it Crashed the Network
Bytecoin (BCN) got pumped so hard after being listed on Binance that it essentially crashed the Bytecoin network.
NYSE Parent Company Working on Bitcoin Trading and Custody Service
According to the New York Times, the parent company of the New York Stock Exchange (NYSE) has been working on an online trading platform that would allow large investors to buy and hold Bitcoin.
May 7th SEC Meeting on Ethereum as a Security?
The Wall Street Journal previously reported the SEC was having a meeting today (May 7th) on whether or not some cryptos, like Ethereum and its ICOs, are securities.
FACT CHECK: Reddit Co-Founder Says Ether Will Reach $15,000
Alexis Ohanian, a co-founder of Reddit, misspoke when he said Ether (ETH) will reach $15,000 in 2018. He mean to say the much more reasonable $1,500.
1% of Mastercard Purchases Before the Crypto Ban Were on Crypto
Crypto wallet funding accounted for 1% of ALL Mastercard purchases in Q4 2017 and Q1 2018 before the crypto credit card ban.
There is a Chance Ethereum and Other ICOs are Securities
Ethereum, TRON, OMG, NEO, EOS, and more are all ICO platforms and many originated as ICOs. If the SEC considers ICOs securities, then about 1/2 of cryptos are securities.
Over 17 Million Bitcoins Mined, Only 4 Million More to Go
Over 17 million Bitcoins have now been mined. That means there are only 4 million more that will ever be mined.
NASDAQ CEO Open to Crypto and NASDAQ Collaborating with Gemini
NASDAQ CEO Adena Friedman said the exchange was open to becoming a platform for trading cryptos once regulation was ironed out. NASDAQ also announced they will be collaborating with Gemini in the meantime.