It would appear more trouble may be brewing for the cryptocurrency industry. Although there is still no official industry regulation in the United States, dark clouds are gathering over EtherDelta. Zachary Coburn, the founder of the platform, is charged by the SEC for running an unregistered securities exchange. ERC20 Tokens […]
Tag: SEC
Bitcoin Price Watch: Currency Spikes by $100 Following Patrick Byrne Commentary
At press time, the father of cryptocurrency is trading in the $6,500 range. This is about $100 higher than where it’s stood over the past several days, and it appears we’re heading back to where we were in September and early October. Several factors must be accounted for when examining […]
4 Key Finance-Related Issues Scrutinized by the Sec in 2018
The SEC is currently in the process of scrutinizing cryptocurrencies and other financial markets moving forward. Throughout the year 2018 – to date – the agency has undertaken a lot of noteworthy actions. According to its latest report, the following enforcement actions will only become more apparent over time. #4 […]
Rapper T.I. Sued Over Involvement in ICO Exit Scam
When celebrities get involved in cryptocurrency, things usually do not end all that well. Various ICOs have been endorsed by celebs, which has backfired every single time. In the case of rapper T.I., his own token offering failed. He now faces a $5m lawsuit for trying to dabble in the […]
The US Is Sending Money Offshore by Bumbling Crypto Regulation
Regulation is still a contentious subject that splits the crypto community down the middle. But after all the abuses witnessed to date, it’s hard to swallow the argument that the industry needs no regulating at all. That it will stifle innovation and kill off the beautiful utopia created by… hacks […]
Bitcoin Price Flirting With The Devil at $6666
The father of crypto is flirting with the devil, trading at $6666 at press time. After days or even weeks of bitcoin hovering at around $6,500 and traveling in a sideways motion, many analysts predicted that a sudden rise like this wasn’t in bitcoin’s immediate future. However, it seems the […]
Bitcoin Price Watch: Is the Currency Likely to Drop in the Coming Days?
At press time, the father of cryptocurrency has dropped below the $6,500 mark and is now trading for $6,471. This means the currency has now lost approximately 54 percent of its value since the beginning of the year, and market players – particularly bitcoin-based hedge funds – are really starting […]
Bitcoin Price Watch: Week in Review for the Leading Figure of Crypto
At press time, the father of cryptocurrency is trading for just shy of $6,600 ($6,575). This is about $100 less than where it stood yesterday. It is unclear if this is some sort of correction attempt on the currency’s part. As we near the end of the week, it’s interesting […]
SEC Charges 1Broker With Securities Fraud as FBI Seizes Domain
Government agencies are cracking down on companies who are involved in cryptocurrency. In virtually every case, that is a direct result of said companies not following the necessary guidelines in terms of registered with the proper agencies and filling out the necessary paperwork. 1Broker, the popular Bitcoin futures firm, has […]
Bitcoin Price Watch: Currency Stays Put, but Is It Becoming More Mainstream?
The father of cryptocurrency is still trading for over $6,600. The currency is managing to retain its ground despite a few ups and downs in the market and incoming news trends. One source lists several reasons as to why bitcoin is becoming more mainstream, and why its price could climb […]
Bitcoin Price Watch: Price Falls, but Trends Remain High
At press time, the father of crypto has dropped by roughly $100 and is trading for approximately $6,680. Overall, this has been a relatively positive week for the master of cryptocurrencies. While the price may be down for the time being, the asset did manage to retain its $6,700 price […]
Bitcoin Price Watch: Decisions Delayed and a New Reputation for Tether
A lot’s happening in the bitcoin space. For one thing, the Securities and Exchange Commission (SEC) has pushed their decision-making process regarding the VanEck SolidX bitcoin ETF to December. Previously, they had scheduled their decision for September 30 – approximately eight days from now – which, in turn, was a […]
Bitcoin Price Watch: Is Another Bull Run in Store?
At press time, bitcoin is trading for over $6,700. That’s roughly $400 more than where it’s stood over the past week, and many are wondering if a year-end bull run is at hand. Recently, the Securities and Exchange Commission (SEC) sought further industry help and commentary regarding the bitcoin ETF […]
Bitcoin Price Watch: Currency Slightly Stable, but Crypto Market Is in Bad Shape
Bitcoin is trading for just over $6,200. This is about $100 less than where it stood yesterday. The currency continues to sputter along and encounter small ups and downs as it tries, once again, to rise to the top. While bitcoin itself remains somewhat stable, the crypto market in general […]
NEO Price Watch: People Stay Positive as Currency Loses Value
At press time, the coin that has often been called the “Chinese Ethereum” is up to about $22. This is about two dollars more than when we last covered NEO, which suggests that the currency is experiencing bullish momentum along with bitcoin. As the 15th-largest coin in the crypto space, […]
Bitcoin Price Watch: Currency Remains at $7,200, Shows More Stability
At press time, the largest cryptocurrency by market cap remains at $7,200, where it has been for nearly 72 hours. However, the price has bumped itself up just enough that $7,300 is likely right around the corner granted bitcoin can keep up this momentum. According to one analyst, bitcoin is […]
Bitcoin Price Watch: Currency Stumbles After International Speculation
At press time, the largest cryptocurrency by market cap is trading for roughly $6,800. This is about $200 less than where it’s been over the past 48 hours, and a drop of roughly three percent. One analyst claims that short sellers still have plenty of control in the cryptocurrency market. […]
SEC Rejects 9 ETF Proposals From Direxion, ProShares and GraniteShares
The U.S. Securities and Exchange Commission has rejected applications from three applicants for nine Bitcoin exchange-traded funds (ETFs). The agency disapproved five leveraged and inverse ETFs from Direxion, one from GraniteShares, and another two from ProShares which would have tracked Bitcoin futures contracts. The rejections came only a day ahead […]