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SEC Stokes Telegram Fire with Court Filing Containing New Revelations

As the legal tussle between the United States Securities and Exchange Commission (SEC) and Telegram rages on, new information has come to light. In a recent filing by the SEC at the District Court for the Southern District of New York, the Commission has again come down hard on Telegram with a few revelations.SEC Says Telegram Described GRAM as a Security New FilingIn a new document filed on Wednesday the 15th of January, the SEC claims that Telegram’s plan was for the Gram token to be...

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Ethereum Classic (ETC) Surges 40% Following Binance Futures Listing

Following this week’s triumphant Bitcoin rally, it seems that dozens of altcoins have been seeing significant price jumps. And today, it would seem that Ethereum Classic has jumped on the bandwagon too.In fact, ETC has seen a huge surge of about 40% over the course of the last 24 hours and as of today, Friday, January 17th, 2020, is sitting in around $11.6. ETC/USD. Source: TradingViewThat’s a 280% increase after ETC hit its lowest price of $3.50 at the end of last year.The popular opinion is...

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Ethereum 2.0: Resolving Network Problems as Investors Ride Positive Sentiment

Ethereum, the number 2-biggest crypto with a recent market value of $18 billion, gained ground after a brief retreat on Thursday. The coin gained more than 3% daily and 2.8% since early Friday. The ETH/USD attempted to surpass $175.00 but the move proved unsustainable and the currency plunged beneath the $170.00 price level while investors ride on positive sentiment.The major considerations why Ethereum could not improve to service the developing market was because it did duplicate Bitcoin‘s...

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Crypto Asset Manager Grayscale Set Record with $600 Million in Investments in 2019

The last year of 2019 proved magical for the venture capital firm and crypto-asset manager Grayscale Investments. Recently, the company released its “2019 Digital Asset Investment Report” registering a record-breaking $600 million investment in a single year.The record-breaking yearly performance was the result of a record-breaking Q4 2019. In the last quarter of 2019, Grayscale garnered $225 million in different investment products, clearly hinting at a larger market trend.Besides, the...

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Former CFTC Officials Want to Promote U.S. Digital Dollar Concept in Cooperation with Accenture

The U.S. Digital Dollar concept is being pushed by the former CFTC chairman J. Christopher Giancarlo. Reports indicate that he, Daniel Gorfine and Charles Giancarlo are planning to do this privately. Daniel Gorfine is the former LabCFTC director. Charles Giancarlo is an investor. They have decided to form the Digital Dollar Foundation. It is a non-profit initiative in association with Accenture. They also have plans to work with various professionals to achieve this. They plan to work towards...

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Is XRP a Security? Ripple Class-Action Lawsuit May Not Settle It

The potential ruling on the ongoing Ripple class action lawsuit about XRP is important but will do next to nothing for the asset’s proper classification. Regardless of this, the XRP community – and maybe the crypto world at large – is still waiting patiently for an official end to the legal proceedings.Ripple Class-Action LawsuitIn 2018, a few XRP investors filed a lawsuit against Ripple. The litigants claimed that Ripple issued and sold XRP to them, even though it knew the asset is an...

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Ripple Spends $170,000 on Trump’s Staff to Shape Crypto Regulation in the U.S. in 2019

Ripple, the company widely associated with XRP cryptocurrency, spent $170,000 in the first nine months of 2019 on the American government to shape crypto regulation in the world’s economic powerhouse. This is known from the information published by the Center for Responsive Politics.Data sourced by the Washington D.C.-based non-profit organization from the Senate Office of Public Records reveal that the cryptocurrency firm used the money to lobby the Executive Office of President Donald...

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Gemini Crypto Custody Branch Now Insured with $200 Million

Gemini crypto exchange was founded by Tyler and Cameron Winklevoss. The company has announced that it has set up its in-house insurance company Nakamoto Limited that will protect its clients against any probable loss of coins stored in its offline vaults. Reportedly, the company has offered a possibly record-breaking $200 million coverage limit for Gemini Custody.Announced on January 16, the captive insurer will cover customers of the crypto cold storage service operated by Gemini Trust...

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#793 Chainlink Leverage Trading, Telegram Token abgesagt & Steuerausnahme US Kongress

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 793. Heute sprechen wir über folgende Themen: Binance Futures Chainlink, Liquid sagt Verkauf des Telegram-Token Gram ab & Gesetzesentwurf für Steuerausnahme von Krypto-Transaktionen erneut vor US-Kongress 1.) Binance Futures listet Chainlink mit 75x Leveragehttps://coincierge.de/2020/binance-futures-listet-chainlink-mit-75x-leverage/ 2.) Liquid sagt Verkauf des Telegram-Token Gram ab: Geldrückgabe an...

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Bitcoin Price Tests $9,000 As Altcoins Flourish: Friday Crypto Market Watch

2020 has so far been particularly positive for Bitcoin and the rest of the cryptocurrency market. Starting the year at around $7,100, BTC currently trades at almost $9,000, charting notable increases throughout the entire week. In the past 24 hours alone, Bitcoin gained another 3% to its value, increasing from around $8,650 to about $9,000 from where it retraced a bit and it currently trades at $8,900. BTC/USD. Source: TradingViewBitcoin’s total market capitalization has increased to $162...

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