Traditional Banks Hate Crypto: Expert Blog
Why banks compliances are not willing to understand cryptoworld? #EXPERT BLOG Go to Source Powered by WPeMatico
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Bitcoin’s Market Cap Surpasses the IMF’s Special Drawing Rights Reserves
Twenty-four hours ago the decentralized cryptocurrency bitcoin and its US$300Bn market capitalization just surpassed the International Monetary Fund’s (IMF) Special Drawing Rights market (SDR $291Bn). Also read: Cayman Investment Forum Focuses on Rise of Bitcoin and Failing Dollar Bitcoin’s Market Valuation Outpaces the IMF’s Special Drawing Rights Reserves Bitcoin’s value has grown immensely in 2017 outperforming … Read more
Bitcoin’s Price Captures a New High Touching $18,000
The price of bitcoin has reached the landmark milestone of $18,000 per BTC across global exchanges after having an incredible run during November and December of 2017. The decentralized currency’s price seems like it will close out with a bang as this year has been one of the most phenomenal growth cycles for bitcoin in … Read more
Venezuela’s National Cryptocurrency Advances But Experts Warn of Corruption
Venezuela’s president Nicolas Maduro has advanced the creation of the country’s national cryptocurrency, the Petro. He believes it will take off and solve the country’s economic problems next year, but experts are concerned with corruption. Moody’s credit rating agency, for example, says market participants would have no confidence in Maduro’s government to manage it. Also … Read more
Hit On Net Neutrality Could Be Blow To Bitcoin
The FCC has repeals laws that kept the internet neutral and free for all which could have a broader effect on Bitcoin and the use of online exchanges. #ANALYSIS Go to Source Powered by WPeMatico
Bitcoiners Increasingly Targeted by Police as Prices Yield Large Asset Forfeiture Gains
The Department of Justice has announced another potential auction of seized bitcoin, totalling over 8 million USD. There’s a noticeable uptick in bitcoin-related prosecutions since at least 2014 and the Ross Ulbricht, Silk Road affair. With the price of bitcoin rising to stratospheric heights, the phenomenon has made bitcoiners relatively wealthy; it might have also … Read more
Cboe Strikes Back at CME with TD Ameritrade Bitcoin Futures on Monday
The half a trillion dollar cryptocurrency market is for the taking, and savvy market makers are not going to give up positions easily. Cboe was the first futures market for bitcoin, launching last Sunday a full week ahead of its crosstown and much larger competitor, CME Group Inc. With the might and heft CME brings … Read more
Woman in Denmark Imprisoned for Hiring Hitman Using Bitcoin
An Italian woman in Denmark has been sentenced to six years in prison for hiring a hit on her former boyfriend using Bitcoin, renewing the debate over the use of Bitcoin in criminal activities. Go to Source Powered by WPeMatico
Adoption of Bitcoin Picking Up Speed in Venezuela, Called “Lifesaving” Currency
Thousands of people have begun turning to the world of cryptocurrency to salvage what little value remains in their currency. Go to Source Powered by WPeMatico
Ahead of CME’s Bitcoin Futures, Regulator Creates Website and New Crypto Rules
Commodity Futures Trading Commission (CFTC) was very active on the final business day before the globe’s largest futures market maker, CME Group Inc., is to begin its entrance into bitcoin contracts. The regulator created a website devoted to bitcoin, and it issued new cryptocurrency rules of compliance for public comment. Also read: Tezos Foundation Board … Read more