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Thailand Expects to Approve Five ICO Projects out of 50

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The Thai financial regulator is expected to approve five ICO projects once the new regulatory framework takes effect this month. Out of 50 ICO projects in the country, only five satisfy the registration requirements set out by the regulator this week. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Five ICO Projects Expected to … Read more

Crypto Exchange Approved for Regulatory Sandbox License in Bahrain

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A Dubai-based cryptocurrency exchange has reportedly become the first crypto exchange in the Middle East and North Africa (MENA) region to receive a regulatory sandbox license. The license was granted by the Central Bank of Bahrain and will take effect this week. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Exchange Received Sandbox … Read more

Markets Update: Crypto Markets Tests Key Support Levels

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Bearish momentum appears to be accelerating across the cryptocurrency markets following the failure of BTC to hold above the long-term ascending trendline dating back to July 2017. As of this writing, the BTC markets appear to be falling to test support at the $6,000 USD area after forming a large descending triangle. The leading alternative … Read more

Bitcoin Price Fell 11% in 24 Hours: What Triggered the Drop and What Lies Ahead?

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Many analysts and mainstream media outlets including Bloomberg and the Wall Street Journal attributed the recent drop in the Bitcoin price from $7,500 to $6,700 to the hacking attack suffered by Coinrail, a minor cryptocurrency exchange in South Korea. However, the reasoning behind attributing the latest correction to Coinrail is incorrect, given that Coinrail is … Read more