Cryptocurrency News
The owner and operator of two defunct crypto platforms has pleaded guilty to charges of securities fraud and obstruction of justice. Jon E. Montroll was arrested in February after it emerged that he had used his platforms to steal from investors, operated an unregistered securities exchange, and lied about having […]
At press time, the father of cryptocurrency has fallen by about $150 and is down to about $8,095. This isn’t something enthusiasts need to concern themselves with too much, considering it’s still very early in the game and bitcoin has been on a speedy roll as of late. The currency […]
Ripple and Coinbase have had a long history, one that has involved a lot of heartbreak for XRP enthusiasts. With XRP being the third-most valuable crypto by market capitalization, it was expected that the largest crypto exchange in the US would list it, but it hasn’t. The XRP community has […]
At press time, the father of cryptocurrency has jumped to $7,327. This is a massive increase from yesterday’s price, and a clear sign that bitcoin is strong enough to handle present resistance, which is set at roughly $6,800. Granted the currency can step beyond that level, we are likely to […]
Bitcoin ETFs are often considered to be the holy grail of the cryptocurrency industry. Exposing more mainstream investors to cryptocurrencies could trigger a major influx of fresh capital. So far, the SEC has prevented such ETFs from launching. Its decision to accept public comments on the Cboe SolidX Bitcoin ETF […]
The US Financial Industry Regulatory Authority is requesting that all its member firms notify the regulator if they engage in any activity related to digital assets. This is an ongoing initiative by the regulator to ascertain the members’ involvement in the digital assets marketplace and covers the firms, their staff, […]
There are still some concerns as to whether or not Ripple’s XRP will be labeled a security. The SEC has not yet rendered its verdict in this regard. Another lawsuit has been filed against the founder of Ripple Labs, alleging that the defendants broke state and federal securities laws by […]
Coinbase is one of the largest cryptocurrency trading platforms to date. It is accessible in many countries and is quickly expanding its presence. Even so, the SEC has received a growing number of complaints regarding this company, which is rather worrisome. Mounting Complaints About Coinbase While many people put their faith […]
Chris Concannon, the president of the Chicago Board Options Exchange (Cboe), the world’s biggest derivatives market behind CME Group, has warned investors in tokens and initial coin offering (ICO) projects of an upcoming two-part regulatory reckoning. ICO Investors Could be in Trouble In an exclusive interview with Frank Chaparro from […]
Of all cryptocurrency projects, Skycoin is perhaps the one that the community is most opinionated on and confused by. Especially recently, Skycoin has grabbed the attention of cryptocurrency enthusiasts worldwide. Unfortunately for holders, each passing headline seems to send the ambitious project down further. After achieving a temporary high of […]
One of the most fervent and bullish ICO promoters has announced that he’ll no longer work with ICOs. John McAfee, the renowned computer programmer and businessman behind the McAfee security software company, made the announcement via Twitter. McAfee has been a vocal supporter of cryptocurrencies and ICOs, having predicted that […]
Bitcoin and Ether are not securities, the SEC’s director of corporate finance, William Hinman, stated on June 14. This is because these cryptos lack a central third party whose efforts are key in determining their success. Hinman went on to state that over time, there may be other sufficiently decentralized […]
At press time, the father of cryptocurrencies is trading for about $6,500. This is roughly $100 less than where it stood yesterday, which in turn was $400 higher than where it had been trading the previous day. Bitcoin has been an up-and-down game for nearly the past week. Problems first […]
At press time, the father of cryptocurrencies has shot up by over $400, and is now trading for $6,650. After many analysts stated that the $5,000 range was imminent, it appears bitcoin has impressed (and surprised) us once again by halting its descent earlier than expected. Whether it shoots back […]
Whether or not Ether is sanctioned as a currency under US jurisdiction has been a major point of speculation and uncertainty since the SEC first began its more active stance on cryptocurrencies and ICOs. As the Ethereum platform represents one of the first major ICOs, the future of platform rested […]
The SEC is very concerned about the possibility of market manipulation in certain crypto trading venues, a senior regulator revealed in an interview with CNBC. Brett Redfearn, the Director of Division and Trading at the SEC, shared insights on the state of crypto industry regulation, ranging from the categorization of […]
For those calling for the end of the bear cycle- hold tight a little longer. Following the extended sideways market movements, a price explosion was imminent. Unfortunately, this action took place in favor of sellers, as Bitcoin continues to tumble over the course of the past 24 hours. Altcoins have […]
The initial coin offering industry has attracted plenty of attention from regulators all over the world. Especially in the United States, there appears to be a major crackdown on schemes which violate securities laws. Even so, the SEC remains surprised as to how few exchanges self-report when it comes to […]