A New York Times report this morning confirms that the Wall Street bank, which has a storied history, plans to begin trading the newest investment instrument on the block in the next few weeks. According to the report, Goldman will use its own money to trade bitcoin futures contracts and is working to develop a new type of derivative – non-deliverable forward (probably named so because bitcoin futures are cash-settled)
a combination of regulatory uncertainty and enthusiastic funding from eager private investors may have tipped the scales against a public ICO of Telegram’s tokens.
Ethereum has ambitions to become the world’s first distributed computer running applications that accomplish a varied set of tasks on its platform. But the cryptocurrency will have to contend with SEC regulations before it reaches that goal.
In his conversation with CNBC, Chairman Giancarlo alluded to the possibility of a novel set of regulations for cryptocurrencies. “There’s a growing appetite among several Congress men and Senators that I have spoken to..to approach this with new eyes and some new thinking,” he said.
While the top 10 cryptos all registered significant gains this past month, the star performers were Tron and EOS. The former coin, which is backed by China’s e-commerce giant Alibaba’s founder Jack Ma, was up by 190%. EOS was the top performer with an increase of 199% in its price.
Former CFTC Chairman Gary Gensler dialed up the conversation on cryptocurrencies this week at the MIT Business of Blockchain conference by wading into contentious topics related to cryptocurrency regulation. His talk spanned a broad range of topics but the most controversial aspect of his speech related to the status of Ethereum’s ether and Ripple’s XRP as securities.
A flurry of negative news in the last couple of days seems to have taken a toll on […]
Even as they have witnessed explosive growth in the last couple of years, cryptocurrencies are yet to find […]
There was not much respite for cryptocurrency markets this morning. Crypto prices, which began falling yesterday after news […]
Traders swung between the optimism and gloom over bitcoin’s future prospects as cryptocurrency markets crashed below $300 billion […]
Cryptocurrency markets continued their free fall for most of yesterday, dropping to as low as $318.1 billion at […]
It took some time but it finally happened. The top 10 cryptocurrencies have all shed their gains from […]
Prominent developer of adult content, Playboy Enterprises Inc. is planning to add a cryptocurrency wallet for users on […]