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…
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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…
Bitcoin Continues Bullish Rally Due to Pending ETF Approval, Price Breaks Major Resistance Levels But is Ripe for a Correction – Technical Analysis
The bullish move for Bitcoin continues as price action managed to break major resistance levels in the past three days. As of press time, Bitcoin is trading at the $8,335 level. Total market capitalization is now at $300 billion and…
Crypto Business in the Philippines: P3.6 Billion Expected from License Issuance for Entry of Approved Cryptocurrency Exchanges
Last April, the Philippine government has approved the entry of cryptocurrency exchanges to conduct business in the Cagayan Economic Zone Authority (CEZA). These legalized exchanges will enjoy tax benefits, will be allowed to offer Initial Coin Offerings (ICOs), and may…
Operation CryptoSweep: Canada, U.S initiates a major crackdown on crypto scams
An event hosted on Monday by the North America Security Administrators Association (NASAA) saw the much-anticipated crackdown on cryptocurrency scams put into effect. Dubbed “operation cryptosweep”, the operation is aimed at conducting a thorough scrutiny on dozens of potentially malicious…
Will Fear, Uncertainty, and Doubt kill the “stablecoin”, Tether ?
On Tuesday, the cryptocurrency market took a hit close to all coins recording price falls. Few coins on the top 20 managed to maintain the green mark with only Tether and little known Vechain managing to post gains. Tether has…
IMF Chief Lagarde & United States Treasury Says Global Cryptocurrency Regulations are Inevitable
Author – Sam Reads, UK The head of the International Monetary Fund, Christine Lagarde, recently warned that the international community and regulators should take early action on the cryptocurrencies. She further said that digital currency regulations are “inevitable.” IMF purpose…
ICO Regulation: UAE Regulator Caution Residents over ICO Related Risks
Author – Sam Reads, UK UAE’s Securities and Commodities Authority (SCA), the kingdom financial market watchdog and regulator issued an investor warning alarm, over-investment in initial coin offering (ICO). The investor alarm was published over the weekend warning investors about…
Ads and the Crypto Market: Cryptocurrency Ads Cost James Altucher $2.7 Million
Author – Sam Reads, UK The Ad industry has been so opportunistic that each word you search will eventually lead to a certain ad. If you searched Bitcoin at one time, then you probably have met James Altucher, the self-proclaimed…