Tag Archives: cryptocurrency

SEC Official Who Oversaw Crypto Cases Leaves for Law Firm Jones Day

SEC Official Who Oversaw Crypto Cases Leaves for Law Firm Jones Day

Shamoil T. Shipchandler, a former regional director at the U.S. Securities and Exchange Commission (SEC) who oversaw several high-profile crypto cases, has left the agency for the global law firm Jones Day. Shipchandler led a team of around 140 enforcement attorneys, accountants, investigators and compliance examiners in the SEC’s Fort Worth, Texas office, the regulator […]

Rewriting Satoshi: Company and Uni to Build Crypto Model Addressing Bitcoin’s Shortcomings

Rewriting Satoshi: Company and Uni to Build Crypto Model Addressing Bitcoin’s Shortcomings

A crypto company has signed a memorandum of understanding with a university in the United States with the aim of building the cryptocurrency model envisaged by Satoshi Nakamoto when the Bitcoin network was launched 10 years ago. SovereignWallet says it will be collaborating with the University of Southern California’s Viterbi School of Engineering to develop […]

Bitcoin Skeptic, Ex-Starbucks CEO Howard Schultz Considers 2020 Presidential Run

Bitcoin Skeptic, Ex-Starbucks CEO Howard Schultz Considers 2020 Presidential Run

The former CEO and chairman of Starbucks, Howard Schultz, has announced he is considering an independent run in the forthcoming 2020 United States presidential elections, in a tweet posted on Jan. 27. “I love our country, and I am seriously considering running for president as a centrist independent,” he wrote — prompting a spate of critical responses, with most commentators arguing that an independent candidacy […]

Bitcoin (BTC) Could Be Gearing up For a Big Move as Sideways Trading Persists

Bitcoin (BTC) Could Be Gearing up For a Big Move as Sideways Trading Persists

Over the past several days Bitcoin (BTC) has seen an extended period of sideways trading within an extremely tight trading range between approximately $3,550 and $3,650. Although this lack of volatility may be welcomed by investors who are tired of the cryptocurrency’s frequent price movements, historically involatile price action leads to a massive price movement […]

Galaxy Digital Raising $250 Million to Offer Loans to Crypto Firms: Report

Galaxy Digital Raising $250 Million to Offer Loans to Crypto Firms: Report

Galaxy Digital, the crypto merchant bank launched by former hedge fund manager Michael Novogratz, is reportedly raising $250 million to build a credit fund. A Business Insider report on Thursday citing “people familiar with the matter” said that the fund would offer loans in U.S. dollars to struggling crypto firms because the demand for credit is on […]

Ecosystem Expands As More Partners Join Ripple

Ecosystem Expands As More Partners Join Ripple

The Swiss crypto wallet company, Tangem introduced physical ways to spend and trade cryptocurrency.“Smart bank notes” and “smart cards” are physical representations of cryptocurrency which could be carried and spent by consumers. The idea is that with a physical representation of cryptocurrency, people can simply hand the note over and make simple no-fee transactions. If you keep the […]

London Stock Exchange’s Trading Tech to Power New Crypto Exchange

London Stock Exchange’s Trading Tech to Power New Crypto Exchange

The London Stock Exchange (LSE) is providing the trade-matching technology for an upcoming cryptocurrency exchange in Hong Kong. The LSE Group announced Tuesday that its Millennium Exchange matching engine has been chosen to power AAX, a new exchange platform being launched by Hong Kong-based fintech firm ATOM Group. AAX is scheduled to be launched in the first […]

Coinbase UK Legal Counsel: ‘Big Developments’ Expected this Year For Cryptoassets

Coinbase UK Legal Counsel: ‘Big Developments’ Expected this Year For Cryptoassets

Marcus Hughes, the lead counsel of the European region for US-based crypto exchange Coinbase, has predicted that there will be more comprehensive and progressive cryptocurrency regulations that will be introduced this year. Hughes, a former executive director at Morgan Stanley’s UK division, said in a recent interview with Forbes that the crypto industry will “see big developments” within the […]

Bitcoin Move Past $3,700 Resistance as Crypto Market Recovery Continues

Bitcoin Move Past $3,700 Resistance as Crypto Market Recovery Continues

Bitcoin, the flagship cryptocurrency, has recently seen its price move past the $3,700 resistance after enduring a series of sell-offs this month that saw its price drop from a high of about $4,100. Its jump has been accompanied by a wider market recovery. According to CryptoCompare data, BTC is currently trading at $3,736 after rising 2.6% […]

LedgerX Launches ‘Bitcoin Fear Index’ to Track Price Volatility

LedgerX Launches ‘Bitcoin Fear Index’ to Track Price Volatility

LedgerX thinks cryptocurrency traders should be able to assess bitcoin’s volatility. And, taking a leaf out of the stock market’s book, the derivatives trading platform has built an index to track this benchmark. The company announced Monday that it was launching the LedgerX Volatility Index (LXVX), which will track the expected volatility for bitcoin. The […]