Markets News

Initial Coin Offerings Are Setting Capital Free. That’s Huge

14 hours ago admin2 0
Simon Johnson, co-author of the bestseller “13 Bankers,” is the Ronald A. Kurtz (1954) Professor of Entrepreneurship at the MIT Sloan School of Management. He also works closely with Joi Ito, head of MIT’s Media Lab, on the Digital Currency Initiative (DCI).    The following article originally appeared in Consensus Magazine, distributed exclusively to attendees Read More

Bitcoin Is Back Above $8,500 But Does the Rally Have Legs?

1 day ago admin2 0
Bitcoin’s (BTC) has bounced back above $8,500, but the rally is not backed by decent trading volumes, the technical charts indicate. The cryptocurrency closed below key technical levels on Thursday, signaling a bearish breakdown, but the sell-off unexpectedly ran out of steam at $7,925 a day later. Subsequently, bitcoin gained more than $500 over the Read More

Move ‘Em Out: ICOs Don’t Seem So Scary Outside the US

2 days ago admin2 0
ICO issuers are starting to look to jurisdictions outside the U.S. to set up shop. In an environment of regulatory uncertainty, where the U.S. Securities and Exchange Commission (SEC) has begun investigating ICOs and the industry surrounding the capital raising technology but has yet to make a formal decision of how it will regulate crypto Read More

At Ripple’s Snoop Dogg Party, A Search for XRP

3 days ago admin2 0
Would this be one of those crypto events? A star past his prime pumping the flavor of the month? As part of the first-ever New York Blockchain Week, Snoop Dogg was booked to perform at the XRP Community Night on Tuesday. The event, as the name would suggest, was meant to celebrate XRP, a cryptocurrency Read More

Zcash Leaves Crypto Market Behind with 50 Percent Weekly Spike

4 days ago admin2 0
The cryptocurrency markets are flashing red as the third week of May comes to close. The total market capitalization of cryptocurrencies has dropped by 14.48 percent to $366 billion in the last 7 days, taking the month-to-date losses close to 30 percent, according to CoinMarketcap. Further, the probability that the cryptocurrency market will regain poise next Read More

Tel-Aviv Stock Exchange Turns to Blockchain for New Lending Platform

4 days ago admin2 0
The Tel Aviv Stock Exchange (TASE) is teaming up with Accenture and The Floor, an Israeli fintech hub, to build a blockchain securities lending (BSL) platform aimed to allow direct lending of all financial instruments. The BSL will act as a “one-stop-shop for all securities lending activities, permitting access to larger securities volumes within shorter Read More

ICO Project Polymath Is Trying to Buy a Stake In a Real Stock Exchange

5 days ago admin2 0
If one announcement summarizes the ambitions of crypto project Polymath, it might be Wednesday’s acquisition of the domain Tokens.com. One of its several this week, it cuts to the heart of the project’s aims to dominate the issuance of tokenized securities. But the plans go beyond just the acquisition of potentially popular domain names. In the Read More

The SEC Just Launched a Fake ICO Website to Educate Investors

6 days ago admin2 0
The U.S. Securities and Exchange Commission wants to ensure investors can identify fraudulent initial coin offerings – even if it has to launch its own to do so. The regulator announced Wednesday it has launched a mock ICO called HoweyCoin, presumably named after the Howey Test, which “touts an all too good to be true Read More

Winklevoss Crypto Exchange Wins Approval to Trade Zcash

7 days ago admin2 0
The Winklevoss twins’ Gemini digital currency exchange has become the first in New York to receive a license to trade the privacy-focused cryptocurrency zcash. Alongside the news, Gemini announced support for trading zcash on Monday. Starting from May 19, Gemini users will be able to start depositing zcash (ZEC) into their accounts, the exchange said in a Read More

CME Group Partners to Launch Ether Reference Rate Index

1 week ago admin2 0
Derivatives exchange operator CME Group is launching an ether reference rate and a real-time ether-dollar index in partnership with UK-based digital asset trading service Crypto Facilities. The operator noted Monday that it would provide “a daily benchmark price in U.S. dollars” every 24 hours, as well as the real-time price “based on transactions and order Read More