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…
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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…
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…
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,…
Fund Manager Predicts Bit-coin Prices Will Soar to Highs of 60,000 in 2018
The Blackmore Group’s CEO, Philip Nunn, remains bullish about the prospects of bit-coin by standing by his prediction that the price of bitcoin would soar and hit the 60,000 dollar mark this year. He went on further to state that…
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…
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…
The Wall Street Giant – Goldman Sachs introduces a new cryptocurrency
Circle, a payment startup company belonging to Goldman Sachs yesterday declared the launch of a new cryptocurrency named the Circle USD Coin. The USD coin is essentially the digital version of the dollar and the first cryptocurrency in the market…
New Index to Regulate Trading of Ethereum Futures at CME Group
Author – Sam Chicago-based CME group is living to the expectations of a large derivatives exchange company of its caliber. The operator is making preparations for a major milestone in the trading of a product in the ethereum futures. The…