Coinbase announced today it’s intention to add ERC20 support to several of its suite of products. Historically, Coinbase announcements have caused huge retail influxes of retail investors, erratic price swings, and even allegations of market manipulation. That’s why it was a surprise today when Coinbase‘s latest announcement came not with a bang but a bearish whimper. […]
Litecoin merchant processor LitePay is closing up shop.
According to a letter written by Chicago Board Options Exchange (Cboe) President Chris Concannon, U.S. securities regulators should not stand in the way of exchange-traded funds (ETFs) that hold cryptocurrencies from coming to the market, as they are essentially the same as other ETFs that hold commodities. The letter was in response to statements from the […]
Korea has many of the pieces of the puzzle to become the first “Crypto-Powered Nation,” one that runs on blockchains and supports a crypto economy. Here’s what I learned during an intense two and a half days there in March 2018. Some country out there is going to be the first “Crypto-Powered Nation.” That would […]
According to statistics, 97% of all coins listed in the Top 100 list as per CoinMarketCap compilation are in the red. Ontology is the only gainer adding 12.56% while Bitcoin is down 8% trading below $8,000. Basing our finding on price action, we expect further depreciation with EOS possibly reversing last week’s gains and LTC […]
Nelson Mandela’s hands were immortalized by how he changed the course of history, so maybe it’s destiny that solid gold casts of his hands will go to a bitcoin buyer. Ontario-based cryptocurrency exchange The Board of Arbitrade is buying what’s believed to be the last remaining set of gold artifacts comprised of Mr. Mandela’s hands for […]
Circle has hired Naeem Ishaq as its new chief financial officer, treasurer and executive vice president of risk as the startup expands globally.
A leading Wall Street research firm has slashed price targets for leading chipmakers Nvidia and AMD, claiming that it has received confirmation that cryptocurrency mining hardware manufacturer Bitmain has begun producing Ethereum ASIC miners. Writing a Monday note to clients, Susquehanna analyst Christopher Rolland said that the firm had recently confirmed that the China-based Bitmain […]
Compliance with Anti-Money Laundering (AML) rules and with the economic sanctions administered by the Treasury Department’s Office of Foreign Assets Control (OFAC) can be a daunting task for any business. When it comes to the fast-moving world of token sales and cryptocurrencies in general, much of the legal and regulatory landscape is yet to be […]
Twitter has revealed that it will ban ads for token sales and some cryptocurrency services starting Tuesday.