Crypto Trader Believes Bitcoin will Bottom at $3,000

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As the cryptocurrency market continues to take a sharp tumble, many cryptocurrency analysts are providing their predictions. Bitcoin (BTC) fell significantly last week, reaching its lowest point in 12 months. Indeed, investors didn’t find that funny as many of them anticipated that the market would be gearing for a rally by now. Generally, most of … Continue reading “Crypto Trader Believes Bitcoin will Bottom at $3,000”

Blockchain Investor says Bitcoin ETF will Ignite the Next Crypto Rally

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The cryptocurrency market reeks of lackluster performance lately, to say the least. To support that fact, data from many cryptocurrency analytical platforms depicts how bad the market has become. However, it appears that the things are normalizing now. Indeed, records from CoinMarketCap suggest that the market has become increasingly resilient and stable. Therefore, the approval … Continue reading “Blockchain Investor says Bitcoin ETF will Ignite the Next Crypto Rally”

SEC Continues to Pursue PlexCorps Injunction

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The Securities and Exchange Commission (SEC) presses on for restitution against the allegedly fraudulent ICO from PlexCorps. Last summer, crypto startup PlexCorps raised $15 million from thousands of investors for its ICO.  The company quickly went under, and the SEC uncovered several problems in an investigation. The main points that the SEC found fraudulent or … Continue reading “SEC Continues to Pursue PlexCorps Injunction”

SEC Official: Plain English Guidance on ICO on its Way

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William Hinman, Director of Corporate Finance for the Securities and Exchange Commission (SEC) spoke at FinTech Week in D.C. on Monday.  He said that the SEC will soon have “plain English” guidance for ICOs. The SEC is well aware that many want definitive answers, and Hinman offered some reassurance on the matter Hinman says they … Continue reading “SEC Official: Plain English Guidance on ICO on its Way”

Coinbase and BlackRock Join Race for Cryptocurrency ETF

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Exchange-Traded Funds (ETF) have been one of the biggest question marks for cryptocurrencies this year. The US SEC continues to investigate and deliberate. And they keep turning proposals down. However, as we start wrapping up 2018, things may be looking up for a crypto ETF. Why does an ETF matter? For investors, an ETF could … Continue reading “Coinbase and BlackRock Join Race for Cryptocurrency ETF”

SEC Commissioner Kara Stein Offers Suggestions for Bitcoin ETF Applicants

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U.S. attorney Kara Stein, commissioner of the Securities Exchange Commission (SEC), spoke with Bloomberg via satellite on Monday. They discussed several topics, including the current state of crypto regulation. Stein’s 5-year tenure is nearly at an end, as she’ll step down in December.  Though her responses about crypto were not entirely specific, they reflected the … Continue reading “SEC Commissioner Kara Stein Offers Suggestions for Bitcoin ETF Applicants”

US SEC Sets Review Date for Nine Bitcoin ETFs

Posted on Categories Bitcoin, Blockchain, Cryptocurrency, Exchanges, General, News, Regulations, Technology, UncategorizedTags , , , , , Leave a comment on US SEC Sets Review Date for Nine Bitcoin ETFs

The United States SEC has set November 5th as the deadline for reviewing all ETF applications.  The commission indicated that the deadline date will give investors time to review their investments and comply with new rules.  The proposed rules will change the trading methods of exchange traded funds and Bitcoin.Additionally, the review will affect 9 … Continue reading “US SEC Sets Review Date for Nine Bitcoin ETFs”

WEF Sheila Warren: The U.S. is Quickly Falling Behind on Digital Currency

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The U.S. is way behind the curve on  digital currency adoption. That’s according to the World Economic Forum Head of Blockchain Policy, Sheila Warren. CNN Business Op-Ed on Digital Currency from Sheila Warren  Furthermore, in an op-ed published on CNN Business, Warren argues that despite the currency revolution taking place in Japan and China, the … Continue reading “WEF Sheila Warren: The U.S. is Quickly Falling Behind on Digital Currency”

Alleged Pump and Dump ICO Halted by SEC

Posted on Categories Blockchain, Business, Cryptocurrency, Exchanges, General, ICO, News, Scam, Technology, UncategorizedTags , , , , Leave a comment on Alleged Pump and Dump ICO Halted by SEC

The initial coin offering (ICO) space is constantly growing. In fact, since 2017, its popularity has exploded. It became a tenable vehicle for fundraising. Startups could raise funds without dealing with traditional venture capital funds. However, as it was such a new sector, there were a lot of teething problems. Due to the lack of … Continue reading “Alleged Pump and Dump ICO Halted by SEC”

Bitwise: Ric Edelman and TD Ameritrade Invest in Crypto-Asset Manager

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Ric Edelman is quite bullish on cryptocurrencies. Why Edelman is Bullish “I’m bullish on it because Bitcoin is now 10 years old, it’s a $200 billion market in crypto total, Bitcoin is 40% of that. Clearly, it’s here to stay. There’s massive amounts of investment going into the blockchain, and cryptoassets specifically, and financial advisors, I … Continue reading “Bitwise: Ric Edelman and TD Ameritrade Invest in Crypto-Asset Manager”