Bitcoin price has been trapped in a symmetrical triangle for weeks now, bouncing back and forth between the top and bottom resistance and supports, making increasingly lower peaks and higher troughs, but breaking news surrounding Bakkt may have just ended any bearish pressure for the time being. Just as Bitcoin was flirting with a potential…
It was recently revealed that the US Commodity Futures and Trade Commission was beginning a month long investigation of the BitMEX crypto exchange over its high leverage Bitcoin trading options and the legality of allowing US citizens to access the platform. Bitcoin Trading Down on BitMEX Bloomberg originally broke the story that the US exchange…
Supporters of Bakkt continue to grow weary of further delays to the Bitcoin futures ruling. The Commodity Futures Trading Commission (CFTC) confirmed last month the matter is under review, but their lack of urgency casts doubt over the probability of Bakkt’s launch in Q1 of 2019. However, developments at a rival futures exchange give hope…
Crypto markets have started the week on a positive note with a $5 billion rally that has resulted in most tokens posting solid gains. The top performer at the moment however is Ethereum has it surges 12% and increases its lead over XRP in third. Ethereum Beating Bitcoin on Recovery Currently outperforming every crypto asset…
The biggest thing on the launch pad this year is the Bakkt crypto exchange which is currently in a holding pattern while US government employees twiddle their thumbs during Trump’s shutdown. Several other contenders are hopeful about Ethereum futures but according to one crypto exchange boss they are unlikely to be seen soon. Regulatory Concerns…
If things were not bad enough in crypto land the US government are adding to its woes. The longest shutdown in history is taking its toll on the economy, innovation and the crypto industry. The Waiting Game Continues Regulators are no friends of those in the blockchain and crypto industries but they have come to…
This year the Boxing Day sales seem to have started a day early for anyone hoping to get exposure to the number one digital asset at a discounted rate. The Bitcoin price and those of other cryptos have been dropping hard since the clock struck midnight last night and this trend has continued since. At…
After a stretcher, coin hodlers are finding reprieve. BTC/USD is up $350 in the last day but could edge higher now that Wall Street companies are forming a self regulatory group—ADAM with the aim of “cleaning” the crypto image. At the same time, NASDAQ plan to launch its first Bitcoin Futures by Q1 2019 should…
The U.S. Securities and Exchange Commission (SEC) has settled charges against two cryptocurrency companies which were accused of violating ICO securities offering registration rules. Both firms, Carrier EQ (Airfox) and Paragon Coin sold digital tokens in ICOs in 2017 after the regulator’s official stance on the ICO. Some crypto fundraisers can be considered securities offerings, according to…
The U.S. Securities and Exchange Commission (SEC) has officially charged Zachary Coburn, the founder of cryptocurrency exchange EtherDelta, for operating an unregistered securities exchange. The regulatory agency’s move to charge Coburn comes amidst a greater trend of increasing regulation over the cryptocurrency industry. In a press release today, the SEC announced that the charges against Coburn are…