Search Results for: cryptocurrency market
Regulators launch operation to crack down suspicious cryptocurrency investment schemes
May 22nd, 2018
Securities regulators across the United States and Canada announced dozens of investigations Monday into potentially deceitful cryptocurrency investment products, the largest coordinated crackdown to date by state and provincial officials on bitcoin scams. As many as 70 investigations have ...
Bloomberg and Galaxy Digital Capital Management launch Cryptocurrency Benchmark Index
May 14th, 2018
Bloomberg, together with Galaxy Digital Capital Management LP, a leading digital asset management firm founded by Michael Novogratz, launched the Bloomberg Galaxy Crypto Index (BGCI). The index is designed to track the performance of the largest, most liquid portion ...
Will the world have a global cryptocurrency?
May 9th, 2018
Former Goldman Sachs President Gary Cohn said Tuesday he thinks the world will have a global cryptocurrency that is not bitcoin. “I’m not a big believer in bitcoin. I am a believer in blockchain technology,” Cohn told CNBC’s Bob ...
Banks shut down Cryptocurrency trading in Chile
April 18th, 2018
Banks in Chile, South America’s wealthiest economy, have implemented a blanket ban on cryptocurrencies by closing accounts held by trading platforms. The trading platforms Buda, Orionx and CryptoMarket had their bank accounts by three major banks: Itau Corpbanca, Bank ...
$27 million in stock sales of purported cryptocurrency company freezes
April 16th, 2018
The Securities and Exchange Commission has obtained a court order freezing more than $27 million in trading proceeds from allegedly illegal distributions and sales of restricted shares of Longfin Corp. stock involving the company, its CEO, and three other ...
Cryptocurrency hedge funds spiraling down in 2018
April 4th, 2018
The bubble of cryptocurrency hedge funds has finally started to give way and is crumbling under its own weight. The world of cryptocurrencies saw a huge boom in 2017 with cryptocurrencies here and there hitting new all time highs ...
Cryptocurrency Prices Begin to Sink Once Again
March 29th, 2018
Cryptocurrency prices have dropped considerably over the past 48 hours. Currently, the entire digital asset ecosystem has lost more than $32 billion, compared to our last markets update. BTC/USD values have once again dipped under the $8K range. BTC ...
Cryptocurrency boom: France’s financial regulator published a legal analysis of cryptocurrency derivatives
March 28th, 2018
The Autorité des Marchés Financiers (AMF) has carried out a legal analysis of cryptocurrency derivatives. The process of reasoning is twofold: on the one hand, to determine the legal qualification of the notion of “derivative” in the context of ...
Bitcoin rallies above $9,000 after positive G-20 cryptocurrency meeting
March 21st, 2018
Bitcoin prices recovered above $9,000 after regulators had “productive” discussions on cryptocurrency at a G-20 meeting of finance ministers and central bank governors in Buenos Aires, Argentina, on Tuesday. Bitcoin prices topped $9,000 after finance ministers took a more ...
Forex market wrap: EURUSD and EURGBP fell, USDCAD has the highest increase
March 19th, 2018
News coming from Asia this morning indicates that Stocks were mixed, with Japanese shares declining as investors watching the country’s political drama. Here is some updated key data for the Forex market including the G10 currency pairs, as on the ...
