Bitcoin prices powered back above USD $1,000 on Friday, driven mainly by speculation and market uncertainty in the first few weeks of the Trump Presidency. As of the time of writing at 08:30 GMT, Bitcoin was changing hands at about $1,017. Will Bitcoin $1,000 hold this time? Bitcoin price 2013-2017. Source: Bitstamp. The $1,000 level…
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U.S. Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad, who announced himself he would resign at the beginning of the month, today announced that Division of Enforcement Director Aitan Goelman will also leave the agency on February 3, 2017. During Mr. Goelman’s tenure, the Division brought a number of first-in-kind cases utilizing the new enforcement…
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Digital currencies are set to spread and grow even more in 2017. How might that happen?
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Dash total market cap soared from $82 million to more than $117 million this morning.
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Although most of the financial world was fairly quiet during the past two weeks over the holiday season, one financial instrument continued its volatile climb upwards: Bitcoin. Sitting at just under $800 on December 20, Bitcoin prices continued their yearlong ascent even as traders were unwrapping their presents, sitting on beaches and toasting the new year. From…
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One of the more interesting traditions in the forex world as we head toward the holiday season and year-end is Saxo Bank’s annual “Outrageous Predictions”. Not meant to be a real look into the crystal ball but rather food for thought, Saxo Bank takes a look at some wacky but still plausible scenarios for traders…
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Just two days after global investment banking giant Goldman Sachs Group Inc (NYSE: GS) left the R3 distributed ledger technology consortium, R3 has announced the addition of China Minsheng Bank to its consortium to design and apply distributed and shared ledger-inspired technologies to global financial markets. Headquartered in Beijing, Minsheng Bank is China's first major…
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National Settlement Depository (NSD), Russia’s central securities depository has today announced its developed a partnership with iCoinSoft Exchange Platform, an engine for a digital asset exchange by icoinsoft.com as part of the HSE{Pro}Fintech program of the Higher School of Economics’ Business Incubator. The project implements an idea of the technological infrastructure which increases the efficiency and convenience…
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Bitcoin exchange Gatecoin has announced its support for ICONOMI, an Ethereum based fund management platform, with the listing of their ICN token on Gatecoin's exchange. ICONOMI has recently raised more than USD 10.6 million equivalent in fiat and cryptocurrency during its latest initial coin offering (ICO), which ended on September 29th, 2016, marking the 11th largest crowd sale…
Read moreTwo days ago the UK Financial Conduct Authority (FCA) stated that consumers should be wary of dealing with the software and technology company OneCoin. OneCoin commented earlier today that is disappointed that the FCA has issued a statement without having first contacted the company. OneCoin claims that it has not been contacted by the City of…
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