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On Tuesday, reports regarding the notorious Facebook investor and venture capitalist Peter Thiel and his Founders Fund was revealed. According to sources familiar with the matter, Thiel’s fund has made an investment in the startup Tagomi, a firm that plans to execute cryptocurrency buy and sell orders as a brokerage service dealing with institutional investors … Read more
A few months ago the U.S. Commodity Futures Trading Commission (CFTC) charged a Staten Island-based company called Cabbage Tech with ‘fraud and misappropriation’ of funds based in Bitcoin and Litecoin. According to the CFTC, it revealed it had charged Patrick McDonnell and his company Cabbage Tech for crimes associated with allegedly promising big returns on … Read more
Bitcoin has fallen by roughly $400 and is now trading for $8,900. Yesterday, we discussed potential resistance between the $9,000 to 9,300 range, and now that speculation is crossing into reality, though it’s unclear if the currency is slated to stay here for much longer. Prior to the drop came a bitcoin trading ban in … Read more
The Japanese financial regulator has confirmed that so far eight companies have expressed the intention to withdraw their applications to operate cryptocurrency exchanges. Meanwhile, about 100 more companies are seeking to enter the market. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space FSA Confirms Eight Want Out The Japanese Financial Services Agency (FSA) held … Read more
Payment service Square shares dropped almost 4 percent after Citron Research called their Bitcoin strategy “nonsense” in a tweet Monday afternoon #NEWS Go to Source Powered by WPeMatico
Tron is in the game! Check what other cryptos are up to #PRICE_ANALYSIS Go to Source Powered by WPeMatico
Residents of Rostov, the Russian port city on the Don River, are enjoying a growing number of bitcoin-related services. Some crypto-savvy taxi drivers have started accepting Bitcoin Cash (BCH), and several BTC teller machines have been installed in supermarkets. All that happens while officials in Moscow are still mulling over the legislation needed to regulate … Read more
Iran has been developing its own cryptocurrency, a project which has yielded an experimental local crypto, despite the country’s central bank banning banks from dealing with cryptocurrencies. Iran’s Information and Communications Technology Minister has shed light on the project, commented on its alleged use to evade sanctions, and clarified the central bank’s action. Also read: Yahoo! … Read more
The launch of SBI Virtual Currencies is reportedly set for sometime this summer, SBI president Yoshitaka Kitao states it ‘will be number one in the blink of an eye’. #NEWS Go to Source Powered by WPeMatico
The Localbitcoins markets of several nations have produced significant spikes in recent weeks, with the peer-to-peer (P2P) markets of Hungary, Peru, and Venezuela establishing new all-time highs for volume when measuring in trade in fiat currency. Also Read: Bitcoin in Brief Monday: Outage Downs Telegram, Bitcoin Shines on a Bank P2P Markets of Latin America Surge … Read more