Tag: bitcoin

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CFTC’s Fintech Research Unit to Hold Office Hours for Innovators

The United States Commodity Futures Trading Commission’s fintech lab will host office hours during New York Fintech Week. The United States Commodity Futures Trading Commission’s fintech lab will host office hours during New York Fintech Week. In April, the CFTC’s fintech research unit, LabCFTC, will host office hours during New York Fintech Week to engage…
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Are Chinese Bitcoin Mining Farms Moving to North America and Why?

Bitcoin (BTC) production is seemingly being shifted to North America from China, which dominates digital coin mining. But if so, what could be the reasons behind it? At the end of 2019, China’s Bitcoin miners controlled some 65% of total hash power, according to CoinShares Research. Also, Chinese firms such as Bitmain and Canaan are…
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Bitcoin and Altcoins Restart Uptrend, Climb To New 2020 Highs

After a short term downside correction, bitcoin price found a strong support above USD 9,650. As a result, there was a strong increase above the USD 10,000 resistance area. The price even broke USD 10,200 and traded to a new yearly high close to USD 10,500. Also, there were strong gains in most major altcoins,…
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Japanese Crypto Exchanges Protest as Leveraged Trading Cap Looms

Cryptocurrency and blockchain industry officials have expressed their displeasure at proposed leverage capping at Japanese exchanges – as a consultation period deadline approaches. The country’s financial regulator, the Financial Services Agency (FSA), has put forward a proposal that would – as previously reported – seek to place a x2 leverage cap on margin  Read more…
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Crypto Community Loses Its 2020 Presidential Candidate Andrew Yang

Cryptocurrency-friendly United States presidential candidate Andrew Yang announced the end of his campaign. Cryptocurrencies and blockchain technology have lost a proponent and ally in the American political landscape.  Andrew Yang, an entrepreneur and Democratic candidate in the United States presidential elections, has suspended his campaign for president. NPR reports on Feb. 11 that Yang told…
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SEC Charges Ohio Man for $33M Crypto Fraud Targeting Physicians

An Ohio man has been charged by the U.S. Securities and Exchange Commission for allegedly defrauding 150 investors in a cryptocurrency trading scheme. An Ohio man has been charged by the United States Securities and Exchange Commission for allegedly defrauding 150 investors in a cryptocurrency trading scheme. The SEC’s complaint, filed in federal court in…
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CIA Has Had Keys to Global Communication Encryption Since WWII

Through Crypto AG, the U.S. government has spied on the world for more than half a century, proving the need for private crypto and blockchain solutions. As the crypto and blockchain space investigates seemingly private solutions for payments and messaging, the U.S. Central Intelligence Agency, or CIA, has had the backdoor to one of the…
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Ethereum Price (ETH) Has Surged 92% in 2020 With Targets Set on $300

After gaining 92% in 2020, Ethereum price remains bullish in its USD and BTC pair as investors set their sights on $300. For the second time in two weeks, Ether price (ETH) has notched a new 2020 high. This time the surge from $217.83 to $253.79 occurred as Bitcoin’s (BTC) price reversed course from $9,700s…
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Bitcoin Price Tackles $10.4K Level as Futures Markets Hit 5-Month High

Bitcoin is now trading at its highest levels since mid-September 2019 as a bullish rebound tops out at near $10,500. Bitcoin (BTC) tried to clear fresh key resistance at $10,400 on Feb. 12 as its rebound, which began on Tuesday, continued to produce surprises. Crypto market weekly price chart. Source: Coin360 BTC posts 7% daily…
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US Congressman Challenges Fed Chair on Threat of China’s Digital Currency

U.S. Congressman Bill Foster urges the head of the Federal Reserve to accelerate plans for central bank digital currency at semiannual monetary policy hearing. United States Congressman Bill Foster (D-IL) has questioned the Chair of the Federal Reserve Jerome H. Powell on U.S’s central bank digital currency (CBDC) progress at a hearing on monetary policy…
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