Markets News

Bitcoin Is Back Over $10K, But Rally Looks Weak

2 hours ago admin2 0
Bitcoin is witnessing a minor corrective rally Friday, but the bulls may have a tough time regaining control, the technical charts suggest. CoinDesk’s Bitcoin Price Index (BPI) fell to $9,592.96 at 01:59 UTC – the lowest level for one week. As of writing, the BPI is seen a little higher at $10,090. It is worth noting Read More

Nano Goes Giga in Down Week for Crypto Prices

21 hours ago admin2 0
Having struggled to find acceptance above the $500 billion mark, the total value of all cryptocurrencies is set to end the week at a moderate loss. The figure hit a low of $422 billion Friday as bitcoin, the world’s largest cryptocurrency by market capitalization, fell to an eight-day low of $9,593. Meanwhile, the total market Read More

Litecoin Cash Has Forked But It’s Hardly Trading

2 days ago admin2 0
Call it a slow start. A plan to launch a new cryptocurrency by forking the litecoin blockchain went off without a technical hitch over the weekend, but at press time, the market isn’t exactly embracing the new coin. Currently trading at just $5 on a little over $1 million in volume, litecoin cash (LCC) is Read More

The Legal Risk to ICOs That No One’s Talking About

2 days ago admin2 0
Jared Marx is an attorney at the Washington, D.C. law firm Harris, Wiltshire & Grannis. He represents companies and individuals in civil and criminal proceedings.  With the rise and rise of initial coin offerings (ICOs), much attention has been paid to how the U.S. Securities and Exchange Commission (SEC) and federal prosecutors view this innovation. Read More

A Token to Regulate All Tokens? Messari to Raise ICO

3 days ago admin2 0
Some envision an apocalyptic battle between cryptocurrencies and regulators, others foresee blockchain innovations becoming too powerful to be tamed. But Ryan Selkis, widely known by his Twitter moniker TwoBitIdiot, isn’t devoted to either one of these futures. The founder of Messari, a nascent crypto version of CrunchBase, is more measured – thinking there’s no reason to panic, Read More

Report: Japanese Crypto Exchanges Unite to Form Self-Regulatory Group

4 days ago admin2 0
A group of Japanese cryptocurrency exchanges is reportedly uniting to form a new self-regulatory body in the wake of the recent Coincheck hack. According to Reuters, which cites unnamed sources close to the group, 16 exchanges are making the move to self-regulate after the Coincheck exchange had $533 million-worth of NEM tokens stolen in a Read More

Actor Steven Seagal Endorses Questionable ‘Bitcoiin’ ICO

5 days ago admin2 0
Action film star Steven Seagal has become the brand ambassador for a controversial cryptocurrency ahead of an initial coin offering (ICO). A statement posted to Seagal’s Twitter account confirmed the news, the announcement for which was posted to the official website of “Bitcoiin.” Seagal’s endorsement – one of a number of celebrity endorsements in the Read More

Japan’s Finance Watchdog to Inspect 15 Unlicensed Crypto Exchanges

6 days ago admin2 0
The Japanese government said today that inspections will take place at 15 unlicensed cryptocurrency exchanges in light of a recent major hack. According to the Japan Times, the country’s financial services minister Taro Aso said at a news briefing that on-site inspections will take place at the exchange providers that have filed for licenses but Read More

No, Not All ICOs Are Securities

6 days ago admin2 0
Paul Paray is an attorney in Allendale, New Jersey, focused on privacy and technology matters. In his Feb. 8 opinion piece for CoinDesk, Santander’s Julio Faura suggests that “utility tokens are a bad idea” because it would be a “lie to ourselves” to suggest initial coin offerings (ICOs) were not actually selling securities. Rather, in Read More

Bitcoin Cash Hits $1.5K Amid Short-Term Bull Reversal

1 week ago admin2 0
Bitcoin cash has rallied more than 96 percent from recent lows, but still remains trapped in a bearish pattern, the technical charts indicate. As of writing, bitcoin cash (BCH) is trading at $1,500, as per data source Coinmarketcap. The world’s fourth-largest cryptocurrency by market capitalization has appreciated by 11 percent in the last 24 hours, Read More