Latest Bitcoin News by Category: Finance

Is Segwit2x The Next Bitcoin Cash, Or Just Another Failed Alt-Coin In The Making?

Posted on 1st January, 2018

There’s no getting around the fact that Bitcoin Cash (BCH) — the controversial bitcoin hard fork promoted by equally controversial personalities Roger Ver and Jihan Wu — made a name for itself in 2017. Leaving aside the technical discussion around Bitcoin Cash, and its long-term viability as a rival to Bitcoin Core, the BCH fork […]

Investors File Class Action Lawsuit Against ATB Coin

Posted on 29th December, 2017

Last week, attorneys representing ATB Coin investors filed a class-action suit in the Southern District of New York, seeking damages from ATB Coin founders Edward Ng and Herbert W. Hoover. The plaintiffs claim that ATB Coin intentionally misled investors about the technological capabilities of the ATB Coin project, the potential for investment losses, and the […]

Is Israel Planning A State-Backed Cryptocurrency?

Posted on 27th December, 2017

According to a report published by Reuters, Israel’s central bank is giving serious consideration to a plan that would create a new, state-backed cryptocurrency for the country. The report includes few specifics about the proposed digital currency, and cites only a single, anonymous source within the Bank of Israel. Should the Bank of Israel approve […]

Why Is The Mainstream Press So Pessimistic About ICOs?

Posted on 26th December, 2017

As 2017 winds to a close, the major financial news outlets have begun to publish their year-in-review coverage. Given the utter dominance of bitcoin and other cryptocurrencies during the second half of the year, it’s hardly a shock that many of these articles focus heavily on the future of digital currencies and other blockchain-related topics. […]

Cboe Seeks SEC Approval For 6 Bitcoin ETFs

Posted on 22nd December, 2017

After a seemingly successful experiment with bitcoin futures, the Chicago Board Options Exchange (Cboe) has filed an application with the SEC to list six bitcoin-related exchange-traded funds (ETFs). The ETFs would require the SEC to change its current rules to include cryptocurrency-tied investments, something the regulatory agency has been reluctant to consider since the first […]

Cryptocurrency Regulation To Take Center Stage At G20 Summit

Posted on 18th December, 2017

Global regulatory discussions on bitcoin, cryptocurrencies, and ICOs may begin to take shape as early as April, 2018. On Sunday, France’s Finance Minister Bruno Le Maire told French news channel LCI that he aims to propose a “discussion all together on the question of bitcoin” during the upcoming G20 summit. Given Le Maire’s tone during […]

Indiegogo Enters The ICO Market

Posted on 15th December, 2017

In a blog post released on Tuesday, crowdfunding giant Indiegogo announced plans to create a “reliable, global platform for ICOs” through their site. The new platform appears to be modeled on Indiegogo’s existing Equity Crowdfunding model, providing a curated selection of token sales and pre-sales that meet current SEC guidelines for ICOs. The new initiative […]

South Korean Regulators: No Exchange Ban, But ICOs Still In Limbo

Posted on 12th December, 2017

Last week, rumors began to surface that South Korean financial regulators were on the verge of announcing major changes in the country’s current policies on cryptocurrencies. Given the skeptical tone taken by many South Korean leaders — only a few weeks ago, Prime Minister Lee Nak-yeon suggested that bitcoin and related projects might “corrupt the […]

Venezuela Announces New Oil-Backed Cryptocurrency

Posted on 4th December, 2017

On his weekly television address on Sunday, Venezuelan President Nicolás Maduro announced plans for the country to develop a state-backed cryptocurrency. Apart from revealing the proposed digital currency’s name — the Petro — and claims that it will be backed by the country’s oil, gas, gold and diamond wealth, Maduro provided few details about the […]