Crypto Merchant Bank Galaxy Digital Lost $134 Million in The First Quarter of 2018
Mike Novogratz’s crypto merchant bank Galaxy Digital reports $134 million in losses in the first quarter of 2018 Go to Source Powered by WPeMatico
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Major Bitcoin ETF Rejected by SEC: One Commissioner Disagrees Publicly
Thursday, July 26 might go down as a severe setback for the prospect of bitcoin exchange-traded funds (ETFs). For the second time, the same major trust applying for bitcoin ETF approval was rejected by the United States Securities and Exchange Commission (SEC). SEC Release No. 34-83723, File No. SR-BatsBZX-2016-30 formally denied the Winklevoss Bitcoin Trust … Read more
CME Will Not Introduce Altcoin Futures Anytime Soon, Says CEO
The CEO of the Chicago Mercantile Exchange said that the exchange will not introduce altcoin futures in the near future, citing volatility Go to Source Powered by WPeMatico
U.S. Regulations Round-Up: CFTC Can’t Keep Pace with Crypto, Libertarian Candidate Accepts Bitcoin Donations
In recent regulatory news, the CFTC chairman has warned that the regulator is falling behind its international counterparts with regards to virtual currency and blockchain regulations; a U.S. Congressional bill is advocating the incorporation of cryptocurrencies into the regulatory mandate of FinCEN; and a candidate of the Wisconsin Libertarian Party is accepting donations in the … Read more
CNBC: Winklevoss Twins Bitcoin ETF Application Rejected by SEC
U.S. SEC rejects the Winklevoss’ twins second attempt at applying for a Bitcoin ETF Go to Source Powered by WPeMatico
What Is the BitFi Wallet?
Even though there are a plethora of Bitcoin wallet solutions on the market, competition is always more than welcome. BitFi Wallet aims to introduce competition by offering a physical product which offers decentralization, security, and convenience rolled into one. The BitFi Wallet Explained Various companies offer Bitcoin hardware wallets nowadays. It is always good to see more … Read more
Canada Central Bank: Bitcoin Safe From 51% Attack, Double Spending
Canada’s Central Bank (BOC) released a working paper this month, Incentive Compatibility on the Blockchain. In it, BOC seems to argue the world’s most popular cryptocurrency, Bitcoin, is safe from a 51% attack, double spend scenario through the right incentive structure and proof of work (POW). Also read: Coinbase Flexes Muscle, Creates Political Action Committee … Read more
South Korea’s Financial Watchdog Urges Lawmakers to Move Forward With Crypto Bill
Korea’s Financial Services Commission has urged lawmakers to hasten approval of the country’s first crypto bill Go to Source Powered by WPeMatico
Can the Recent Upward Market Momentum Hold? Why You Should Be Cautious
Bitcoin was trading at just over $8,350 at press time, a 6 percent increase over the past 24 hours and an incredible 40 percent increase over the previous month. The king of cryptos has been on a great run in the last week especially, and its price now sits above $8,300 for the first time … Read more
Bitcoin Price Watch: Currency at $8,200
At press time, the father of cryptocurrencies is up by approximately $200, and is now trading in the $8,200 range. The currency has been meandering between $8,000 and $8,200 for the past few days, with some ups and downs along the way. The important thing is that for the most part, the currency is maintaining … Read more