Tag Archives: News

Jay Clayton, the Securities and Exchange Commission (SEC) chairman, doesn’t think bitcoin will ever be traded on a major exchange… That is, until serious regulation comes along. Without regulation, BTC, in his mind, will never achieve the mainstream status it so desperately longs for. Clayton: We Need More Rules for BTCAt press time, bitcoin’s primary attempt to become “legit” has suddenly dissipated, with CBOE, VanEck and Solid X withdrawing their bitcoin exchange-traded fund (ETF) from the...

Easily the largest e-commerce platform in the world, Amazon has decided to give its customers a new cash-focused way to pay for their online shopping even as the world moves into cashless transactions. According to an official press release, Amazon PayCode will now be available to residents in the US who will be able to pay for already-made orders on Amazon.com, at one of many physical Western Union branches nationwide.The partnership between Amazon and Western Union kicked off a few months...

Think Bitcoin's ready for prime-time trading on a major stock exchange? SEC Chairman Jay Clayton says you're "sorely mistaken." | Source: REUTERS / Aaron P. Bernstein U.S. Securities and Exchange Chairman Jay Clayton just delivered a rebuke to cryptocurrency backers, alleging that Bitcoin is unlikely to trade on a major US exchange until it's much better regulated....

The past few days have seen the price of Bitcoin hovering above the 20 Moving Average (MA). Following an entire week of consolidation in a tight channel, the price of Bitcoin finally made a move on September 18. Many commentators predicted a downside move and they seem to have been correct all along as BTC lost 5% in an hour.The latest drop has made the crypto to plunge below the psychological $10,000 level to settle in the mid-$9,000 zone. The drop made the token to draw nearer to the 20...

EOS price climbed higher recently above the $3.850 and $4.00 resistances against the US Dollar.The price is currently correcting gains and declined below the $4.000 support area.There is a major bullish trend line forming with support near $3.850 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could decline further to test the $3.650 support area before it starts a fresh increase.EOS price is currently correcting lower against the US Dollar and bitcoin. However,...

The Microsoft Corporation (MSFT) has announced interesting plans to buy back up to $40 billion in stock and to also raise the dividends payable to shareholders by up to 11%. This new buyback plan, as well as the plans to increase quarterly dividends, could see shareholders receiving up to 51 cents per share.This is definitely not the first time that Microsoft has undergone a large buyback plan as its board did authorize two before now, with the first in 2013 and the previous one in 2016....

Photo: ShutterstockBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysis.Launch of the BTC futures postponed again.The BTC price dropped to zero due to a technical problem.On W1 of the Bitcoin we can see a prolongued correction. The pattern still looks like a Triangle but is promising to turn into a descending channel. A breakaway of the resistance line may signal the end of the correction and the start of a new wave of growth. Securing above $11350.00 may confirm further...

Facebook sat down with the United Kingdom's finance ministry, the central bank, and other regulatory officials in what was presumably a pre-emptive move to win favor before announcing its own self-titled cryptocurrency, Libra. This new revelation comes from Reuters, which received the details from freedom of information requests and claims that the responses illustrate an intentional effort to garner support for Libra before its unveiling in mid-June. The social media behemoth reportedly sat...

Top features on NEO like on-chain and off-chain governance as well as Delegated Byzantine Fault Tolerance (DBFT) have already made it one of the more appealing blockchains for businesses and enterprises. Now, the project is adding additional features that improve functionality.What Is NEO3 Preview1?NEO3 Preview1 is the first look at some of the changes that are anticipated to occur when the project transitions from its current NEO2 protocol to NEO3. NEO3 TestNet, which was also released on...

Open banking fintech company Deposit Solutions received its latest financing round of just over €40m involving Deutsche Bank. Part-owner and German Venture Capital firm Finlab revealed this in a statement on Wednesday. As part of the financing round, the shares of the Fintech startup were revalued according to the International Financial Reporting Standards (IFRS) and the company is now said to be worth about €1 Billion.Last year, the startup also received a financing round of €100 million...