The Reserve Bank of India has continued is tirade against the legalization of cryptocurrencies by filing an affidavit to the country’s supreme court. The Supreme Court will be holding a hearing on the case of legalizing cryptocurrency on September 17th, at which time the affidavit will be reviewed. According to a recent report, the RBI…
Throughout 2018, Google has amended policy after policy across its suite of web-based products relating to cryptocurrencies. In the their latest move, cryptocurrency wallets have been swept away off the Google Play store without warning. Google Removes Bitcoin Wallet, CoPay, and BitPay Without Warning According to a new report from Hard Fork, the Mountain View,…
$83 billion investment bank Morgan Stanley is following the footsteps of Citigroup and Goldman Sachs, and will soon offer Bitcoin swap trading to its clients. As reported by Alastair Marsh at Bloomberg, the US banking giant has already developed the infrastructure required to offer complex derivatives tied to Bitcoin and will launch Bitcoin swap trading…
The crypto market is having arguably the most positive month in its nine-year history. Yet, the price of major cryptocurrencies like Bitcoin and Ethereum have struggled to reflect optimistic developments in the industry. 13 days into September and the crypto market has seen Gemini introduce the market’s first fully audited and licensed stablecoin, EU commission…
ShapeShift, a leading startup in the crypto and blockchain industry, has continued its drastic product overhaul, recently revealing that it was dropping a lesser-known feature from its extensive lineup of products, services, and applications. Prism Is Shutting Down On Tuesday, ShapeShift, a Switzerland-based crypto infrastructure firm, revealed that it would be discontinuing Prism come the second…
BlackRock, the world’s leading provider of Exchange Traded Funds (ETFs), have been investigating the disruptive implications of blockchain and cryptocurrency since July, when they set up a working group to assess the technology, sparking rumours that they were establishing a bitcoin ETF. Although this was dismissed by CEO Larry Fink, who stated that his clients…
As Bitcoin ranges in the $6,000-7,000 range and regains its market dominance, many altcoins are being pushed to their year-to-date lows which is resulting in an overwhelmingly bearish market sentiment. Due to the negative market sentiment, mainstream media outlets have been quick to liken the 2018 crypto crash to the dot-com bubble burst in 2000.…