At press time, the father of cryptocurrency has jumped to $6,700 – the highest it’s been in a while. This is about $200 “taller” than where it stood just 24 hours ago. Many sources claim that the bitcoin market is beginning to show signs of maturing. The latest sign comes […]
Tag: SEC
Bitcoin Price Watch: Currency Holds Despite ETF Rejections
At press time, the largest cryptocurrency by market cap is trading in the $6,400 range and is virtually unchanged from yesterday and the day before. $6,400 is obviously a comfortable spot for bitcoin; it has remained here for some time and isn’t showing any signs of moving. Interestingly, bitcoin suffered […]
Bitcoin Price Watch: Some Strange Coincidences Between the Currency and Overstock
At press time, bitcoin has fallen back a bit and is now trading for just over $6,300. This is about $200 less than where it stood yesterday. Some strange occurrences are happening in the bitcoin space. For example, one source notices that there’s a strong correlation between bitcoin and Overstock. […]
Real-World Adoption of Cryptos Is Steadily Rising Despite Volatility: Coinbase CEO
Real-world adoption of cryptos is steadily rising, but they are still a long way from becoming a mainstream payment method. Brian Armstrong, the CEO of Coinbase, believes that cryptos and blockchain technology are at the same stage that the internet was at in the early 2000s and that despite the […]
Bitcoin Price Watch: Currency Briefly Falls Below the $6,000 Mark Before Recovering
At press time, the father of cryptocurrency is trading for just over $6,000. This is about $200 less than where it stood during yesterday’s afternoon hours. The coin is continuing to fall deeper and deeper into red territory, though this price is an improvement over where it stood during the […]
FinCEN Receives More Than 1,500 Crypto-Related Complaints Every Month
The US Financial Crimes Enforcement Network receives over 1,500 suspicious activity reports (SARs) related to cryptocurrencies, the agency’s director has revealed. The majority of them come from money service businesses (MSBs), stakeholders in the digital currency industry and other financial institutions. The director also noted that the agency has been […]
Bitcoin Price Watch: Currency Stuck in a “Financial Trance”
At press time, everyone’s favorite cryptocurrency and the world’s largest digital coin by market cap is trading for just under $6,400. While this is slightly higher than where it stood yesterday, bitcoin is still within the same range, and stubbornly refusing to move. While we can be grateful the currency […]
Crypto Price Week in Review: All Major Currencies Fall After SEC Postponement
Bitcoin (BTC) At press time, bitcoin is trading for just over $6,400, a price it managed to secure yesterday afternoon. The currency has been the victim of several price swings over the last few days, which likely stem from the Securities and Exchange Commission’s (SEC’s) announcement that it was postponing […]
Bitcoin Price Watch: Bitcoin Remains Stagnant, Stubbornly Refuses to Move
At press time, everybody’s favorite cryptocurrency remains unchanged from yesterday’s price. It was trading for $6,400 and remains at this figure. Earlier this morning, the currency did brush shoulder with $6,300, though quickly recovered within an hour. It also briefly surpassed the $6,500 mark, then quickly retracted. Analysts claim that […]
SEC Settles Insider Trading Suit With Son of California Bank Board Member
The Securities and Exchange Commission continues to crack down on illicit activity within the cryptocurrency industry. It is easier said than done, as a lot of dubious-looking projects exist today. Aaron Smith of San Francisco was recently charged with insider trading. That wouldn’t be entirely unusual, were it not for […]
Bitcoin Price Watch: Could Today’s Rise Signal the Currency’s Return?
At press time, the largest cryptocurrency by market cap is trading for over $6,400. That’s about $200 higher than where it stood 24 hours ago. Yesterday, we discussed that bitcoin had dropped significantly in reaction to the Security and Exchange Commission (SEC) postponing its decision regarding the bitcoin ETF submitted […]
Bitcoin Price Watch: Currency Is Dipping Faster Than Anyone Could Predict
At press time, the world’s largest cryptocurrency by market cap is trading for just over $6,200. This is one of the biggest drops in recent weeks – over $900 in just 24 hours. All of bitcoin’s recent gains have been wiped away, and we are right back where we started. […]
Long Blockchain Subpoenaed by the SEC Months After Nasdaq Delisting
When Bitcoin was hitting record highs in December, blockchain technology was one of the hottest areas that companies sought to invest in. To take advantage of the hype and the increased investment flowing into the industry, some companies changed their names and their core services and began to offer blockchain-related […]
The SEC’s Recently Appointed Crypto Chief Wants to Finally Bring Order and Cooperation
The Securities and Exchange Commission has been grappling with the crypto industry as it strives to formulate rules for an industry that evolves faster than any other. While it’s yet to come up with a comprehensive set of rules, the commission is taking steps in that direction, and it’s appointed […]
Bitcoin Price Watch: Currency at $8,195
At press time, the father of cryptocurrency is up by roughly $20 from yesterday and is now trading for $8,195. Bitcoin has been on the verge of a dramatic comeback over the past few days, and though the currency is “standing still” for the time being, we can be grateful […]
Winklevoss Bitcoin ETF Rejection Causes Dissent on SEC Commission
As was to be expected, the SEC has rejected another Bitcoin ETF proposal. The Winklevoss twins had submitted their ETF proposal some time ago, and received word that it would not be accepted. This decision by the SEC caused some internal dissent, as Commissioner Hester Peirce is not in favor […]
Bitcoin Price Watch: Currency at $8,241
The price of bitcoin has fallen a bit at press time, with the father of crypto trading in the $8,200 range. This is a small step back from yesterday’s price of $8,205, and probably nothing to be too concerned about. The $8,000 level has proven to be a comfortable spot […]
Yearlong SEC Crackdown Bolsters ICO Compliance Efforts
The initial coin offering industry is still subject to a lot of scrutiny. That is only natural, as this business model has introduced a lot of potential risks, flaws, and compliance issues. The SEC began cracking down on ICOs one year ago, and it seems those efforts are finally paying […]