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Opinion court: Does price crash mean end of cryptocurrencies?

In the recent past, the crypto market has experienced tremendous setbacks with some cryptocurrencies being wiped from the market while others plunging down by up to 80 percent of their initial prices. The crypto market turbulence took effect from the last quarter of 2017 and has soldiered through to 2018 with the storm not showing […]

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Financial Action Task Force: Global cryptocurrency regulation framework to be out by June 2019

  The global watchdog for money laundering has announced that it will start publishing its first batch of cryptocurrency regulations by June next year. The Financial Action Task Force (FATF) said there is a great need to implement worldwide jurisdictions for cryptocurrency regulation including the licensing and operation of cryptocurrency exchanges as well as the […]

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Baseless propaganda! Goldman Sachs Refutes Claims It’s Shying Away From the Bitcoin Trading Desk Project

Much of the speculation and propaganda has spread on Sachs Goldman’ stance on much-hyped plans to launch a Bitcoin Trading Desk. These speculations came to light, especially after a report by Business Insider announced that Goldman Sachs was deprioritizing its near-term plans to launch a Bitcoin Trading Desk to allow it to fully focus on […]

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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 issues, some people are still confused regarding the technicalities and definition of what a Bitcoin […]

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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, and Bitcoin dominance is at its year-high 48.7%. Solid X ETF Delay As of the […]

Wall Street

Goldman Sachs CEO Slams Crypto Currency Cynics

CEO of investment giants Goldman Sachs, Lloyd Blankfein, has hit out at cryptocurrency cynics who believe that cryptocurrency is just a fad. Lloyd voiced his opinion at the economic club of New York conference. Lloyd has long held that cryptocurrency was yet to become a major asset class but must be considered as emerging asset […]

Wall Street

The crypto dilemma: JP Morgan finally ‘looks into’ cryptocurrencies for adoption

Speaking during an extensive interview with CNBC News channel, Daniel Pinto- co-president at JPMorgan revealed that the company is currently looking at the cryptocurrencies space citing that the technology would play a significant role in the company moving forward. The dilemma When asked whether cryptocurrencies are another opportunity for the company given its competitors are […]