United States Rep Tom Emmer is gearing up to present three bills in the floor of the house in a bid to support blockchain technology and cryptocurrency. This is according to a press release published September 21. The three bills…
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European Parliament Legislators to Hold Meeting with Blockchain Experts over Possible Ico Regulations
Crypto enthusiasts shriek when the word regulation is brought up. This is because regulations normally have to do with some restriction by some financial regulator likely to make life harder for crypto enthusiasts and investors. This past week, members of…
The Eu to Discuss Further Crypto Regulation but This Could Be a Good Thing
Finance ministers from 28 member countries in Europe will discuss putting in place further regulation on cryptocurrencies due to concerns surrounding illicit activities and a general lack of transparency. According to Bloomberg, the EU finance ministers will convene at a…
India’s Top Bank Discreetly Forms a Unit to Look into Crypto
A new internal unit has been established by the reserve bank of India according to reports. This unit will be tasked with conducting research and regulating emergent technologies. The unit will specifically focus on cryptocurrencies, artificial intelligence (AI) and blockchain…
Bitcoin ETF: What is It and How Does it Work?
The Bitcoin ETF (Exchange-Traded Funds) applications, rejections, and rumors of possible approval have been affecting price action in the past few weeks. While the SEC is yet to approve a Bitcoin ETF that follows its requirements and addresses crucial security…
ETF Delay Sinks Bitcoin Back to $6,300 Level, NYSE Parent Company Launch Crypto Exchange
It was another dark day for Bitcoin, dropping 10% in price and more than $10 billion in market capitalization in the last 24 hours. As of press time, Bitcoin is trading at $6,350, total market capitalization is at $224 billion,…
Bitcoin Price Pulls Back Due to SEC Decision While Altcoins Tumble, Wall Street Crypto King Still Bullish
Bitcoin is currently undergoing massive pull back after recording gains around the $8,400 level last week. This is after the news that the SEC rejected the ETF application by the Winklevoss twins. As of press time, Bitcoin is trading at…
First SEC-approved Bitcoin ETF Just 18 months Away According to Crescent Crypto CEO
The first ever Bitcoin ETF could be on the cards with news coming in that the US securities exchange commission (SEC) could give the green light to a Bitcoin ETF in 18 months. This splendid news was revealed by Ali…
Indian Exchange Halts Fiat Deposits and Withdrawals Following a Central Bank Ban
Popular Indian exchange and crypto wallet provider Unocoin, has made a decision to suspend Rupee (INR) deposits and withdrawals. This decision was made in compliance with directives issued by India’s central bank. The exchange and crypto wallet provider immediately notified…
Bitcoin’s Case for Reaching $50K by the End of 2018 is Still Alive
A hedge fund trader and Bitcoin researcher recognised for his online alias “Spook”recently released a simple Bitcoin prediction making a solid case for $50,000 by the end of 2018. Bitcoin has experienced the same bear cycles for the past nine…