Bitcoin-Bashing NYU Professor Unleashes Scathing Anti-Crypto Twitter Tantrum: Samantha Chang
Disclaimer: The views expressed by the author do not necessarily reflect those of CCN. They belong to the author alone. Is New York University professor Nouriel Roubini the biggest bitcoin grinch of all time? It sure seems that way, based on an epic Twitter r…
Israel’s Central Bank Seeks Public Input in Crypto Regulation Initiative: Mark Emem
The central bank of Israel and various other government agencies are seeking input from the public regarding the regulation of virtual assets. According to a statement released by the Bank of Israel, there is a need to monitor developments in the digital asse…
Huobi-Backed BHEX Launches Blue Helix Token (BHT): P. H. Madore
CCN spoke to James Ju, the CEO of the new Blue Helix Exchange (BHEX) and former CEO of Huobi Global. Blue Helix is an exchange which is pushing toward a decentralized topology in a regulator-friendly manner. They raised $15 million from institutional investor…
Bitcoin Price Uptrend Exhausts ahead of $4,500 Reclaim: Yashu Gola
Bitcoin price on Friday corrected 5% from its intraday high at $4,172, hinting that the ongoing uptrend is close to exhaustion. The Bitcoin-to-Dollar pair found a compelling resistance area near $4,000 that reversed the breakout attempts on four separate occa…
US To Provide Regulatory Clarity On Crypto: Token Recovery In Sight?: Joseph Young
According to a report released by Kate Rooney, a markets reporter at CNBC, two congressmen — Warren Davidson and Darren Soto — are preparing a bipartisan bill to exclude crypto from the country’s securities law. The bill, entitled “Token Taxonomy Act,” is set…
UAE Finalizing ICO and Blockchain Regulations: Mid-2019 Target: P. H. Madore
The United Arab Emirates regulatory body has approved ICO tokens as securities and a completed framework will be available in the small middle eastern country in the middle of next year, according to a report in local news outlet TheNational.ae. Not only has …
‘It’s Not Surprising’ the Market Is Recovering Says Coinbase President Asiff Hirji: Jimmy Aki
Not the Christmas run we expected, but bitcoin has continued to rise, despite a bearish run that saw prices crash from $5,000 to an all-time low of $3,200. Asiff Hirji President of U.S. crypto exchange Coinbase said the current recovery is not surprising and …
How Bakkt Could Affect the Bitcoin Price Unlike Existing Futures Markets: Joseph Young
Bakkt, a Bitcoin futures market operated by ICE, the parent company of the New York Stock Exchange (NYSE), is close to receiving a green light from the U.S. government. As CCN reported on December 21, Bakkt has been working with the Commodities and Futures Tr…
Facebook Developing Cryptocurrency for WhatsApp Transfers Amidst Another Privacy Scandal: Mauro Sacramento
According to sources, Facebook is developing a cryptocurrency that would enable money transfers to be done through its messaging app WhatsApp. As stated in the publication by Bloomberg, the company is working on a stablecoin pegged to the US Dollar to minimiz…
South Korean Bitcoin Exchange Upbit Denies Fraud Allegations as Executives are Formally Charged: Mark Emem
South Korea’s top financial regulator has formally filed fraud charges against executives of one of the Asian country’s biggest cryptocurrency exchanges. Three senior executives of Upbit including the founder Song Chi-Hyung were charged with making fraudulent…
Bitcoin Found Solid Bottom at $3K But Not Ready to Break $5K Yet: Joseph Young
Since December 17, within four days, the Bitcoin price recovered from $3,181 to $4,073 by 28 percent on most major fiat-to-crypto exchanges. But, on a 30-day basis, the value of the dominant cryptocurrency still remains down about nine percent from $4,400 and…
Coinbase Expands Trading Platform Across Six Additional European Markets: Alan Wass
Coinbase has announced news it has launched its services across six additional European markets as part of an aggressive expansion. The market-leading crypto exchange is planning a more aggressive approach in 2019 by pushing the boundaries in exciting new glo…
HMRC Releases Tax Guidelines on Digital Assets: Jimmy Aki
Her Majesty’s Revenue and Customs, the tax agency for the United Kingdom, has released a set of guidelines that are to guide crypto investors on how to make tax payments and how they should see their digital assets. The updated guidelines were drafted to help…
Bermuda Issues Draft Cryptocurrency Custody Rules: Mark Emem
The financial services regulator of Bermuda, the Bermuda Monetary Authority (BMA), is inviting comments on a draft Code of Practice for Digital Asset Custody that it has released. The purpose of the code of practice is to offer protection to the public while …
VC : Bitcoin Institutional Infrastructure Only Getting Stronger, Look at Yale: Joseph Young
Spencer Bogart, a partner at major cryptocurrency venture capital firm Blockchain Capital, said that the institutional sector of Bitcoin is only getting stronger. Although the valuation of the cryptocurrency market has dropped by 85 percent since achieving $8…
Brazilian Supermarket Chain Starts Accepting Cryptocurrency Payments: Francisco Memoria
Oásis Supermercados, a Brazilian supermarket chain located in Rio de Janeiro, has recently started accepting cryptocurrency payments after asking a local exchange for information, and training its employees on how to do it. According to local news outlet Port…
Ohio’s Bitcoin Tax Payment Plan Is a Gimmicky ‘PR Stunt,’ Say Skeptics: Samantha Chang
Ohio’s recent decision to allow businesses to pay taxes using bitcoin has fueled criticism that the move is a gimmicky “PR stunt” that’s impractical and unsustainable. Skeptics say bitcoin’s volatile price fluctuations and the lack of mass merchant adoption m…
Bitcoin’s 10th Anniversary Hard Fork: myGeNomeCoin Generation: Press Release
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to c…
Bank of England Measures Preferred Transaction Methods: Crypto Leads: Jimmy Aki
It’s the festive season again; that time of the year where love is celebrated through the acts of giving. However, for some people, the concept of presenting gifts might be a little too complex to understand. These people don’t believe in sending gifts to the…
Bitcoin Difficulty Drops Over 7%: David Hundeyin
Bitcoin’s mining difficulty has dropped more than 7 percent over the past 24 hours as the fallout of the prolonged market rout continues. Despite a recent recovery that has taken bitcoin above $4,000, many miners are still finding it difficult to remain profi…
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