Japan’s financial market watchdog is looking to expand its team focused on crypto-related activities next year to better handle the growing interest among Japanese companies for a cryptocurrency exchange license. The Financial Services Agency hosted the fifth study group meeting on cryptocurrency on Wednesday with trading platforms, scholars, lawyers, and government officials. Kiyotaka Sasaki, vice
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Advertisement It is not terribly common for a mainstream economist to say something good about bitcoin in the period of its downtrend, but Mohamad El-Erian once again made an exception. Cryptocurrency’s Not Going Away The Allianz chief economic advisor said in an interview that cryptocurrencies are not dead, though they may be overvalued. He specifically
A Brazilian soccer team is looking to raise $20 million by launching its own initial coin offering (ICO). The Avaí Futebol Clube, a Series B soccer team, announced Wednesday that it was generating its own cryptocurrency as part of an effort to develop a digital ecosystem for its fans, help it qualify for the top tier
Advertisement Bitcoin price on Wednesday recorded a marginal drop of 0.25 percent against a strong U.S. dollar. The BTC/USD today stayed on its prevailing sideways trend, exhibiting intrarange fluctuations of just around $100. The pair began the Asian trading session sheepishly, forming lower highs towards 6308-fiat and lower lows towards 6219-fiat. The sideways sentiment continued
Advertisement The cryptocurrency market capitalization on September 12 established a new yearly low near circa $187 billion. The drop amounts to a total of $642 billion that has vanished from the market since its all-time high near $829.96 billion. Almost all the leading coins, including Bitcoin, Ethereum, Litecoin, and Ripple, are in the process of
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Japanese telecoms giant Softbank Corp. has completed a blockchain proof-of-concept (PoC) that allows P2P mobile payments across different carriers. Softbank said on Wednesday the technology was developed in partnership with blockchain startup TBCASoft, as well as Synchronoss, a Nasdaq-listed firm that delivered a SMS-replacement communications protocol called Rich Communication Service (RCS) in Japan. Based on
Things haven’t been easy of late for Bitmain. After CoinDesk revealed the China-based crypto mining giant was planning an initial public offering (IPO) for September, the company has faced a wave of perhaps unprecedented scrutiny. On social media, allegations emerged Bitmain was everything from insolvent to presenting a rosy outlook for its financials, all the while
Advertisement The recent fallout in altcoin prices, particularly ethereum, has boosted bitcoin’s dominance of the crypto market, now commanding nearly 60% of market share. As of today, bitcoin holds 56.72% of the market compared to ethereum’s 12.62%, according to CoinMarketCap. The orange line presents bitcoin’s crypto market share while the dark blue line shows Ethereum’s. Source:
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Looking at the crypto currency markets for trading BTC and LTC etc. This market trading analysis applies to various exchanges, including Binance and Kucoin. The stream specifically focuses on if bitcoin is going up to 20k again in 2018 and if we will be seeing a crypto currency market recovery this year. Things like the
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A number of blockchain funds, exchanges and startups plan to lobby Washington, D.C. lawmakers with the new Blockchain Association. The Washington Post reported Tuesday that this new organization would focus on both education and legal changes as part of an effort to normalize relations between crypto startups and lawmakers. Coinbase, Circle, Digital Currency Group, Polychain
Advertisement Prof. Barry Eichengreen, an economics professor at UC Berkeley, in an op-ed published in The Guardian, said he believes stablecoins such as tether (USDT) might be stable in value and attractive as units of account, but they are flawed. His piece comes on the heels of the launch of the Gemini dollar (GUSD) by
Yesterday, First Block Capital Inc, a Canadian blockchain and cryptocurrency investment company, announced that its Bitcoin (BTC) trust has achieved mutual fund status in Canada. Due to this, it allows investors to place funds in registered accounts such as Registered Retirement Savings Plans (RRSP) or Tax-Free Savings Accounts (TFSA). Bitcoin Mutual Fund Block’s FBC Bitcoin
The U.S. Securities and Exchange Commission (SEC) said Tuesday that it has charged and reached agreements with two companies and their owners that operate in the cryptocurrency space. The securities regulator alleged that Crypto Asset Management LP (CAM) and its principal, Timothy Enneking, had marketed itself under false pretenses, alleging that Enneking raised more than
Advertisement Bitcoin price on Tuesday depreciated against the US Dollar by almost 3.5 percent as the selling sentiment throughout the crypto-market continued to intensify. The BTC/USD opened today at 6389-fiat after rising from the low near 6218-fiat from the previous day. The pair couldn’t continue the upside correction right from the beginning of the today’s Asian
Advertisement Bitcoin has found stability in the low range of $6,300 to $6,400, demonstrating decent volume at around $3.8 billion and pushing its dominance index to 56.1 percent. Well performing tokens including WanChain, VeChain, Decentraland, and Waltonchain have recorded large losses against the US dollar in the range of 5 to 10 percent, mostly likely
The International Monetary Fund (IMF) has advised against the Republic of the Marshall Islands’ plan to introduce a digital currency as a second legal tender alongside the U.S. dollar. The Marshall Islands – a remote chain of islands in the central Pacific – passed a law on the issue in February, aiming the planned the “Sovereign”
We will be going over Bitcoin Ethereum from our Previous Call including price action leading up to the move. Providing tips, tricks, and education in our segment. How we protect our traders and defend their capital from the tops and bottoms of the market. Aligning ourselves to trade on the backs of the Big Players,
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On today’s episode of The Cryptoverse… While reading the cryptocurrency news headlines today, you may very well have seen claims to the effect of “SEC suspends Bitcoin and Ethereum investment vehicles”. ●▬ Links For My Courses ▬▬▬▬▬● Courses ●▬ Support The Show ▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Sign up for Weiss Cryptocurrency Ratings: https://www.thecryptoverse.show/cryptoratings Sign up for Private Internet
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