There is a consolidation going on among the bitcoin miners that perform the complex calculations to generate the digital currency after the plunge rendered many of them unprofitable.
As Bitcoin recovers Monday’s price fall, analysts take a cautious approach towards digital currencies with crucial advice for traders and HODLers.
The new guidelines mandate local companies to register with the FSA before launching their ICO digital tokens in the market.
The updated guide clarifies the Singapore central bank’s stance on how certain intermediaries should observe the rules determined by Anti-Money Laundering and Countering Financing of Terrorism policies.
One the world’s largest institutional custodians on the planet, State Street, said that a good part of its clients “have a very high level of interest” in the cryptocurrency markets.
The traders should watch out for the breakout before taking the position. Should the bulls defend the $3,949 price level, the Bitcoin price may rally to the north and have its target at $5,084 – $5,667.
The G20 countries will work towards establishing international taxation for cross-border payments as well as handling issues with money-laundering.
The “Digital Peso” project is aimed at reducing friction for international remittance and establishing a two-way corridor between the Phillippines and China.
Mining giant Bitmain has just launched a new cryptocurrency index. The index is for investors who are interested in having a benchmark for their investments.
ProBit Exchange seeks to provide a secure digital assets marketplace for traders with different skills and experience. One of the ways is by providing a customizable user interface where users can modify the way they view trades.
With VanEck facilitating OTC trades for its Bitcoin ETF, there is a higher possibility that the SEC might approve its proposal.
Samuel Leach, multi-business owner, entrepreneur, and one of the most followed traders globally, shares his vision of factors crucial for the growth of cryptocurrencies, and wider adoption of the new technologies underpinned by decentralized techs.
In its first cases, the SEC has brought violations against Floyd Mayweather Jr. and music producer DJ Khaled involving ICO promotion. The SEC noted that using celebrity endorsers was a crucial part of the ICO issuers’ promotional strategy.
Fidelity is going to widen the list of cryptocurrencies available on its institutional crypto platform called Fidelity Digital Asset Services.
Bitcoin made a healthy recovery of 15% on the report of Nasdaq Bitcoin futures coming by Q1 2019. Since then BTC price has consolidated around $4200 until now.