Big names have been missing from the cryptocurrencies even as the industry has gained rapid mainstream traction. The bitcoin ecosystem is littered with names that are mostly unknown and new. That wouldn’t be such a problem if its credibility had not been further eroded by scandals and hacks. Entire cryptocurrency exchanges have closed operations due… Read More Three Benefits Of ICE’s Entry Into Crypto Trading
North America’s largest cryptocurrency exchange Coinbase was the subject of a glowing profile in Washington Post this past week. Here are two things we learned about Coinbase from the profile. Coinbase has more accounts than Fidelity Investments Coinbase has more accounts on its platform than Fidelity Investments, the world’s fourth-largest asset manager. The San Francisco-based… Read More Two Things We Learned About Coinbase From Its WaPo Profile
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.… Read More Bitcoin Has Elements Of Different Asset Classes: CFTC Chairman
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.… Read More Former CFTC Chair Gensler Ratchets Up Controversy In Cryptocurrency Ecosystem
Cryptocurrency markets continued to slide as a mix of negative assessments and news about bans and regulatory crackdowns continued to bear down on them. At 16:06 UTC, the price of a single bitcoin was $8,711.30, down 4.8% in the last 24 hours. The biggest news to emerge in the last 24 hours is that of… Read More Bitcoin Price Falls After Google Bans Advertising Related To Crypto Products