U.S. District Judge Turns Back SEC Request Regarding ICO

A new development has arisen in the U.S. Securities and Exchange Commission’s (SEC) efforts to regulate ICOs: a District Judge has turned back a request for an injunction. According to a recent legal briefing, San Diego District Judge Gonzalo Curiel has been presiding over a case between the SEC and the startup company Blockvest. On […]

Paxos Standard To Be A Base Token on Binance

An exchange is only as good as its liquidity. There are hundreds of exchanges to choose from, and many have chosen Binance, which was originally based in China and funded through an ICO. Binance is far and away the largest exchange in the world by volume and users, most days almost doubling the volume of […]

Report: Blockchain Market to Be Worth over $28 Billion by 2025

A report into the projected growth of the current blockchain market by Meticulous Research has produced some incredibly bullish forecasts for the industry. By 2025, it’s expected to have grown at a compound annual growth rate (CAGR) of 74.1%, reaching $28 billion. Future Looks Bright for Blockchain Technology In a report published today, Meticulous Research […]

Tether Will Soon Allow Direct Redemption of USDT — But With a High Minimum

Tether is launching a new liquidity portal, one that will finally allow the direct redemption of Tether’s stablecoin USDT back into fiat. According to a new report released on the company’s website, Tether is going to “launch a redesigned platform allowing for the verification of new customers and direct redemption of Tether to fiat.” One […]

Bitcoin Price Stabilizes above $3,500 as CME Futures Expiry Approach

Bitcoin on Tuesday showed some signs of bottoming out as it consolidated sideways a little above $3,500, its psychological support. The BTC/USD is now trading at 3734-fiat, up 1.58% from the previous day close. Meanwhile, the pair is trading inside a range that is no more than $230 wide. Though volatile, the choppy price action […]

CNBC Tech Correspondent: Bitcoin’s Survival Hinges on People Believing in It

While speaking on a recent panel, Elizabeth Schulze, CNBC technology correspondent, explained how Bitcoin’s long-term survival as an asset and currency depends upon people believing in it. Bitcoin’s Long-Term Survival Will Be Determined By Its Users The current price action witnessed with Bitcoin, is enough to shake even the strongest investor’s hands. The continued price decline […]

Paxos Standard (PAX) Is Now a Base Pair on Binance

Major cryptocurrency exchange Binance has added Paxos Standard (PAX) as a base currency on its platform, meaning the stablecoin can be coupled with other digital assets listed on the platform. The addition of PAX on Binance will offer traders an alternative to controversial stablecoin Tether (USDT), which, until now, was the only stablecoin used as […]