“Negative Interest” Is the Latest Government Scheme to Deter Saving

Sweden’s central bank has introduced a controversial new measure that will deter its citizens from saving. The oxymoronic “negative interest” now paid out on tax accounts is technically designed to stimulate the economy. In reality, all it will do is encourage people to spend rather than save, boosting government figures for economic growth while disadvantaging … Read more

Regulations Roundup: Crypto-Intermediaries in France, SEC Deadline for Rejected ETF Commentary

In recent news pertaining to cryptocurrency regulations, French lawmakers are considering a proposed amendment that would introduce a regulatory framework for crypto-asset intermediaries; the U.S. Securities and Exchange Commission (SEC) has announced October 26th as the deadline for the submission of public comments relating to the nine exchange-traded funds (ETFs) it recently rejected; and a … Read more

Bitcoin Price: Wall Street Optimistic, Enthusiasts Pessimistic According to Fundstrat

44 percent of those surveyed on crypto Twitter believe the price of bitcoin core (BTC) has a ways to go before finding bottom, while over half of Wall Street and institutional investors seem to believe BTC’s bottom has been reached. The poll was conducted by Fundstrat, comparing the views comprised of 25 Wall Street related … Read more

Bitcoin Price Watch: Currency Still Unmoving, though a Breakout Is Still Possible

At press time, the father of cryptocurrency is still trading in the $6,500 range. Nothing has been altered in bitcoin’s present course; it’s stayed in this range for the past several days and isn’t looking to move. Bitcoin has found a comfortable spot, and it’s too busy lying back and sipping martinis to worry. It … Read more

Norway Establishes New Rules for Crypto Service Providers

The Financial Supervisory Authority of Norway is enforcing new money laundering regulations that apply to crypto exchange and storage providers in the country. The law will go into effect on Oct. 15 and will affect companies established in Norway including branches of overseas companies. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals … Read more

DigixDAO Price Pumps by 25% Courtesy of Binance Traders

The vast majority of cryptocurrency momentum visible right now revolves around small gains and even smaller losses. Not too much excitement is to be found right now, although DigixDAO is making a positive impact. Despite its nearly non-existent trading volume, the DGD price has been rising steadily over the past few hours. DigixDAO Price is … Read more