Europe Introduces Customer Verification on Cryptocurrency Exchanges

The European Parliament has voted in favor of stricter regulations in the crypto sector. Crypto exchanges and wallet providers will be required to introduce customer due diligence procedures, including identity verification. The platforms will have to apply for registration in order to offer their services. The new measures come with the latest update of the … Read more

Ethereum price analysis for April 19th, 2018 – Still rising!

Ethereum price soared during Wednesday’s trading sessions to record a day high of $527.05. The bullish wave continued controlling Ethereum’s market during Thursday’s trading sessions to breach the resistance around $545.17 (76.4% Fibonacci retracement) as we predicted during yesterday’s analysis. Ethereum price continued rising along the new uptrend line, which has been evident since April … Read more

Iceland Bitcoin Heist Suspect Flees the Country by Plane

Bitcoin mining has always been an industry which attracts both legitimate operations and people with less than honest intentions. In Iceland, a group of people recently stole 600 ASIC miners, and the police launched an investigation and made several arrests. One of the suspects has now fled the country to Sweden, although it remains unclear … Read more

New Ethereum Recovery Proposal Heralds Some Interesting Changes

Aside from Bitcoin, other cryptocurrencies will also need to undergo some major changes in the future. For Ethereum, a new improvement protocol has been submitted which could introduce some major changes. It is only normal that a lot of people will scrutinize the basic idea of this proposal, known as the Standardized Ethereum Recovery Proposals EIP. Ethereum Recovery … Read more

Institutional Demand for Bitcoin and Crypto Resurges

Reports are increasingly indicating that bitcoin’s recent drop of 70% from its December record highs of nearly $20,000 has spurred a renewed interest in the BTC and cryptocurrency markets from institutional investors. Also Read: Markets Update: Broken Trendlines and Bullish Bounces Reports Indicate Influx of Institutional Investment Jeffrey Van de Leemput, an analyst working for Cryptocampus, … Read more

SEC Subpoenas Riot Blockchain Over Cryptocurrency Plans

Various worrisome trends involving blockchain technology exist as of right now. One of the more popular solutions for struggling firms is to announce blockchain or cryptocurrency plans. As a result of such turnaround efforts, company stocks will usually soar in value. For Colorado-based Riot Blockchain, the decision to pursue this option backfired rather spectacularly. Riot … Read more

Citigroup Lists Multiple Job Openings for Certified Bitcoin Professionals

Even though the public’s interest in cryptocurrency has not slowed down in the slightest, there are still risks associated with it. Citigroup acknowledges the potential impact of Bitcoin, yet it aims to gain a better understanding of this new form of money. As such, the company is looking to hire people with a “Bitcoin Professional … Read more

Cambridge Analytica Planned to Issue Its Own Currency Through an ICO, Sources Claim

Most people are all too aware of the recent scandal involving Facebook and Cambridge Analytica. While the breach of user privacy is a grave concern, it seems this particular analytics firm also had some interesting plans in regards to digital currency. More specifically, the company apparently planned to issue its own type of digital currency before … Read more