-Bitcoin news, price, information & analysis
Cryptocurrency price predictions have become as plentiful as trees in a forest, but many never come to fruition. Nonetheless, with the crypto market’s move lower, some have begun to believe that Arthur Hayes’ $5k prediction could be in store for Bitcoin. From $5k To $50k — Arthur Hayes’...
A joint committee of Saudi Arabia’s regulatory bodies has issued a statement on cryptocurrency trading. The move hopes to protect local investors from the “high risks” associated with digital asset markets. Trading Venues Falsely Advertise as Being Regulated by Saudi Arabia The news broke via a statement posted...
Although the past week was rather quiet for the cryptocurrency industry, the price action seen throughout the past few days seems to tell a different story, with Bitcoin trading within a hefty $1,400 range. SEC Shoots Down VanEck ETF Proposal, Issues 45 Day Delay On Tuesday afternoon, the...
Around 50 prospective initial coin offerings have displayed interest in securing a licence from Thailand’s Securities and Exchange Commission. The news follows an approval of the licensing of digital currency businesses, which took effect last month. Of the 50 Interested in Licenses, Three Have Applied Already Since the...
The Financial Services Agency, the government agency that oversees banking, securities, and exchange services in Japan, plans to set up stricter requirements on cryptocurrencies and its use for speculative purposes. Japan Regulator May Impose Cap on Cryptocurrency Trading Leverage Bitcoin and other cryptocurrencies have mainly become tools for...
Bitcoin fell by over $500 today as a result of an SEC announcement, which formally delayed the verdict regarding the VanEck-backed ETF for 45 days. While things may be beginning to look bearish for this early-stage market, many remain hopeful when taking a mid to long-term outlook on...
While yesterday’s pullback of Bitcoin’s price may have irked more than a few investors, many industry leaders remain bullish on the price of crypto assets, including Wall Street’s “Crypto King.” Bitcoin Holding At $6,800 and $7,500 Is A Bullish Sign Bart Smith, Susquehanna’s head of digital assets, recently...
The U.S. Treasury Department released its highly anticipated report that examines the current monetary system, discusses cryptocurrency, and proposes sweeping changes that would cut regulatory inefficiency and incubate new technologies. The report, which is titled “A Financial System That Creates Economic Opportunities: Nonbank Financials, Fintech, and Innovation” was drafted...
A survey conducted by crypto-friendly payment company Mistertango has found that almost 9 out of 10 digital currency exchange platforms want to see the industry regulated. However, there are also some fears that said regulation could stifle crypto innovation. Cryptocurrency Companies Crave the Stability that Regulation can Create...
Despite the disappointing verdict for the proposal of the Winklevoss Twins’ Bitcoin-centric ETF, crypto experts still hope that regulators will begin to change their outlook on this emerging industry. BitWise Enters Crypto ETF Race With A Crypto Index Proposal Last week, Bitwise, a San Francisco-based asset management firm, filed...
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