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Gladius Dissolves Ignoring SEC Order to Refund $12.7M ICO

Gladius, a cryptocurrency startup that raised over $12 million in a 2017 ICO, announced it is ceasing operations without reimbursing its token holders. Distributed cybersecurity startup Gladius dissolved without complying with the United States Securities and Exchange Commission (SEC) to reimburse investors. The firm’s co-founder and chief technology officer Alex Godwin announced the dissolution of…
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Not Your Keys: 92% of Institutional Investors Keep Crypto on Exchanges

Institutional investors appear unfazed by the perils of trusting others with their private keys, despite the well-publicized risk of loss, theft and regulators. Cryptocurrency institutional investors overwhelmingly keep their wealth on exchanges despite the inherent security risks, new data claims.  Compiled by cryptocurrency exchange Binance on Nov. 22, a survey asked 76 institutional investors who…
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The Quest for a Pan-European Approach to Cryptocurrency

The EU has the potential to become the leader of crypto legislation, guiding other countries in the direction of legal regulation. Part of the appeal of digital currencies is their global nature. Since the vast majority of digital currencies are not sponsored by an individual state, the hope was that the crypto world could be…
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More Than 1,000 Cryptos Have Already Failed – What’s Next?

Gaining currency? Wit Olszewski Gavin Brown, Senior Lecturer, Finance, Manchester Metropolitan University, and Richard Whittle, Research Fellow in Economics, Manchester Metropolitan University ________ Many cryptocurrencies have been launched in the past few years, often to great fanfare and celebration, only to fade and fail as the public and  Read more »Pay/Trade/Buy Bitcoin with Credit Card

‘No Capitulation’ — Bitcoin Miners Completely Unfazed by Price Drop

Data estimates show computing power remains near its highest-ever levels on the Bitcoin network, while price suppression still remains. Bitcoin (BTC) is not seeing capitulation among miners despite its price dipping over 15% in the past week, new data suggests. According to estimates of Bitcoin’s hash rate from monitoring resource Coin Dance, participation remains as…
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Bitcoin Price: Bullish Macro Trend Intact — But $6,800 Will Be Key

Bitcoin price is now at 6-month lows but is this the beginning of a new bear market or just the latest opportunity to “buy the dip”? As the price of Bitcoin (BTC) was retracing from the massive rally four weeks ago, no clear indications were seen on the charts of a potential reversal. Thus, the…
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Crypto News From the German-Speaking World: Nov. 17-23

Cointelegraph auf Deutsch presents a weekly digest of selected cryptocurrency and blockchain-related developments from the German-speaking world. The past week has seen a range of crypto- and blockchain-related developments in the German-speaking world. The German Federal Ministry of Justice and Consumer Protection is planning to sponsor a research project of the University of Marburg on…
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US Congress Wrestles With Financial Technologies and Data Privacy

In a hearing on Thursday, the Congressional Fintech Task Force questioned expert witnesses on the outlook for consumer data protection in a quickly changing industry. On Nov. 21, the United States Congressional Task Force on Financial Technologies held a hearing on the role of big data in financial services.  The last major legislation focused on…
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Bitcoin Price May Hit $5.5K in 2020 to ‘Wear Out Bulls’ — Peter Brandt

As Bitcoin drops to lows not seen since May, Peter Brandt warns another protracted bear market could engulf the cryptocurrency and last until next July. Bitcoin (BTC) could spend months trading at $5,500 before it recovers, one of the best-known analysts in the industry has warned.  In a tweet on Nov. 21, Peter Brandt revealed…
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Crypto Asset Diversification Vs. All Eggs in One Basket

Could allocating your capital into various crypto assets bring more profit? Here are some tips about crypto portfolio diversification. What’s an effective way to diversify a crypto portfolio? Are crypto assets able to be diversified at all? These are the questions that many “Hodlers” have been asking. The slow bleed of Bitcoin (BTC) and other…
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