Ethereum World News Ethereum & Bitcoin Blockchain News
Institutions Definitely Here, Grayscale Reports Best Quarter Ever For Crypto Trusts
by Martin Young on October 16, 2019 at 5:31 am
The markets may indicate otherwise as day traders turn bearish and start to sell again. But institutional investment products such as the Grayscale crypto trusts are growing in popularity as its latest performance report proves....
Facebook’s Libra Charter Signed By 21 Organizations During Meeting in Geneva, Switzerland
by Omar Faridi on October 15, 2019 at 7:01 am
The Libra charter has been signed by 21 organizations, just days after several high-profile payment processing and e-commerce companies withdrew from the controversial stablecoin project led Facebook. The Libra Association named its board of directors...
Ripple Having a Swell Time as XRP Finally Pumps
by Martin Young on October 15, 2019 at 3:46 am
Some crypto assets have had a worse 2019 that others and XRP is one of them. At the moment the Ripple token is still down 15% this year but that could be about to change...
G7 Group of Nations Warns that Global Stablecoins Threaten Existing Financial System
by Omar Faridi on October 14, 2019 at 8:42 am
The G7 group of nations has prepared a draft report which notes that globally accessible stablecoins pose a significant threat to the existing financial system. According to BBC, G7’s draft report detailed the different risks...
‘No More FUD’: Charlie Lee to Crypto Community on Litecoin Birthday
by Martin Young on October 14, 2019 at 6:21 am
The world’s sixth largest crypto asset had a birthday over the weekend. On October 7 2011, Litecoin was released via an open-source client on GitHub, the LTC network went live a few days later on...
IRS Will Ask If You Own Cryptocurrency on its New Income Tax Form 1040
by Omar Faridi on October 13, 2019 at 9:37 am
The US Internal Revenue Service (IRS), a bureau of the Department of Treasury, recently added a question regarding cryptocurrency ownership to its standard 1040 income tax form for the upcoming tax filing season. A draft...
Bitcoin Fractals May Indicate Next Move as Consolation Continues
by Martin Young on October 13, 2019 at 6:12 am
Another day has passed with very little activity on Bitcoin markets. The king of crypto continues to consolidate as its trading channel tightens up in anticipation of another big move. Technical indicators may give us...
SEC, CFTC, FinCEN Issue Warning to Crypto Industry to Adhere to Banking Laws
by Omar Faridi on October 12, 2019 at 8:15 am
The heads of three US financial regulators have issued a warning to the crypto asset industry to adhere to relevant banking laws. In a joint statement released on October 11, signed by Commodity Futures Trading...
SEC Obtains Emergency Restraining Order Against Telegram’s $1.7 Billion Token Sale
by Omar Faridi on October 12, 2019 at 7:29 am
The US Securities and Exchange Commission (SEC) has obtained an emergency restraining order against the Telegram Group and its subsidiary TON Issuer. The order has been secured in order to investigate the company’s $1.7 billion...
Monero Delisted from OKEx, Privacy Coins Zcash, Dash Under Review
by Omar Faridi on October 11, 2019 at 8:19 am
The South Korean division of Malta-based digital asset exchange OKEX has suspended the delisting of two privacy-oriented cryptocurrencies due to new regulatory guidelines released by the Financial Action Task Force (FATF). The planned suspension of...