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Is Global Front on Bitcoin Regulation Possible?

Is Global Front on Bitcoin Regulation Possible?

On a day where confusing news continues to emanate from South Korea and China on new proposed bans and restrictions on Bitcoin, a member of the board of Germany’s Bundesbank has called for a united global regulatory front. Joachim Wuermeling of Bundesbank believes there is very little chance of containing this digital global phenomenon with differing national rules across the […]

NBA’s Dallas Mavericks Will Accept Bitcoin For Tickets, Mark Cuban Promises

NBA’s Dallas Mavericks Will Accept Bitcoin For Tickets, Mark Cuban Promises

Mark Cuban, billionaire tech investor and owner of the NBA team The Dallas Mavericks tweetedon Tuesday, Jan. 16 that starting next season, it will be possible to buy tickets to the team’s games with Bitcoin. The Dallas Mavericks won’t be the first basketball team to start accepting Bitcoin as payment for tickets. The Sacramento Kings officially started […]

Ripple Price Drops to 2.5-Week Low, Eyes Sideways Trading

Ripple Price Drops to 2.5-Week Low, Eyes Sideways Trading

Ripple’s XRP token fell to a 2.5-week low today, and is looking at a more or less sideways movement in the short-term, chart analysis suggests. The world’s third-largest cryptocurrency by market capitalization fell to the low of $1.23 at 09:54 UTC today before regaining a little poise, data source CoinMarketCap indicates. Further, XRP is still down […]

France Creates Working Group for Cryptocurrency Regulation

France Creates Working Group for Cryptocurrency Regulation

The French minister of the economy, Bruno Le Maire, has announced the creation of a working group to develop cryptocurrency regulations. In a speech Monday, Le Maire said that the working group will be responsible for proposing guidelines and drafting a framework on cryptocurrency regulations with the objective being to prevent the technology’s misuse, French […]

Down 14 Percent: Bitcoin Charts Bearish Amid Asia Concerns

Down 14 Percent: Bitcoin Charts Bearish Amid Asia Concerns

Bitcoin is taking a hit today, touching 3.5 week lows at the time of writing. Data source OnChainFX indicates that bitcoin (BTC) has depreciated by 14 percent in the last 24 hours. At press time, prices were was at $11,966 levels, according to CoinDesk’s Bitcoin Price Index. Notably, the world’s largest cryptocurrency by market capitalization is down 40 […]

Housing or Dotcom: Which Bubble Does Cryptocurrency Mania Resemble?

Housing or Dotcom: Which Bubble Does Cryptocurrency Mania Resemble?

“It seems like the dotcom bubble all over again, or the housing bubble all over again.” That’s Robert Shiller, the Nobel Prize-winning Yale economist, quoted in Fortune magazine’s cover story on bitcoin. So: dotcom or housing? Pick one, professor. Because there’s a meaningful difference. Debt bubbles, like the one that overheated the U.S. housing market in the […]

Is the Crypto Market Booming or Maturing?

Is the Crypto Market Booming or Maturing?

2017 was a breakthrough year for the crypto market for major coins such as Bitcoin, Ethereum, and Ripple, increasing awareness by the mainstream market, and innovative new applications of Blockchain technology drove impressive returns. More importantly, this blistering pace for the entire ecosystem is being driven by increasing appetite on the side of investors, with no sign of abating. The […]

South Korea Clarifies Position on Crypto Regulation Amidst Confusion in Mainstream Media

South Korea Clarifies Position on Crypto Regulation Amidst Confusion in Mainstream Media

Stricter regulations for South Korea’s cryptocurrency trading industry were announced Sunday, Jan. 14, amidst continued confusion in mainstream media about a proposed ban on cryptocurrency trading by the country’s Justice Minister last week. Reports in local news agency Yonhap claimed Sunday, Jan. 14, that requirements for Korean traders to use their real names for cryptocurrency trading accounts, a potential regulation reported earlier in […]

US Treasury Secretary Addresses Anonymity, Sanctions And Digital Currencie

US Treasury Secretary Addresses Anonymity, Sanctions And Digital Currencie

The US Secretary of the Treasury, Steven Mnuchin, made a number of statements regarding the international use of digital currencies at a meeting of the Economic Club of Washington on Friday. The Secretary expressed his concern that Bitcoin wallets could potentially become the modern equivalent of the anonymous Swiss bank account. He intends to work with the G20 nations to offer US […]

Pax Crypto: Russia Proposes First Multinational Cryptocurrency, Expert Blog

Pax Crypto: Russia Proposes First Multinational Cryptocurrency, Expert Blog

At the end of the 12th century, unexpectedly, Genghis Khan created the world’s largest empire, gaining control over the trade route “the Silk Road” which stretched across China to Eastern Europe. Secured under Mongolian leadership, during the Pax Mongolica period, the Silk Road was particularly safe from raiders as well as taxes, which stimulated free […]