BTC, ETH, BCH, XRP, KRB - Bitcoin Chats & Forecasts

Cointelegraph.com News  | 

US and Canadian Securities Regulators Coordinate ICO Probe in ‘Operation Cryptosweep’

US and Canadian Securities Regulators Coordinate ICO Probe in ‘Operation Cryptosweep’

US and Canadian state and provincial securities regulators have opened probes into potentially fraudulent crypto investment programs in what has been dubbed “Operation Cryptosweep”, according to a press release May 21. The latest crackdown on suspicious crypto investment products is reportedly the largest such coordinated investigation by state and provincial officials.

Regulators from across 40 jurisdictions coordinated by the North American Securities Administrato...


Cointelegraph.com News  | 

Blockchain Streaming Platform To Host Hearthstone Tournament Within Days

Blockchain Streaming Platform To Host Hearthstone Tournament Within Days

A company billing itself as “the world’s first decentralized streaming platform for gamers and esports fans” is preparing to host a virtual Hearthstone tournament within the coming days.

Play2Live says this is the first-ever Hearthstone contest to be powered by blockchain technology, as well as the “next generation of streaming interactivity” that its platform provides.

Eight players have been invited for the tournament, including professional player...


Jamie Redman  /  Bitcoin.com  | 

The Privacy Coin Matrix: A Comprehensive Spreadsheet of Anonymous Digital Assets

The Privacy Coin Matrix: A Comprehensive Spreadsheet of Anonymous Digital Assets

After delving into the world of cryptocurrencies one can see that good majority of digital asset proponents are big fans of privacy and anonymity. Just recently a spreadsheet document was published that lists the top privacy-centric coins and the various differences between them. The paper called “Privacy Coin Matrix,” allows enthusiasts to see a comprehensive list of cryptocurrency networks that focus on promoting financial privacy.

Also read: Marvel, The Simpsons Go Crypto

Introd...

Cointelegraph.com News  | 

Vitalik Buterin Reportedly Pursued By Google, Asked Followers For Opinion In Deleted Poll

Vitalik Buterin Reportedly Pursued By Google, Asked Followers For Opinion In Deleted Poll

Google is apparently trying to recruit Ethereum (ETH) co-founder Vitalik Buterin to join their team, according to a since removed tweet by Buterin, reportedly posted May 20.

Buterin posted a since deleted tweet with a screenshot allegedly from a Google recruiter asking if Google “ma[d]e sense for you now or in the future,” along with a poll to the Twitter community over whether or not to take the job.

In his original tweet, Buterin n...


Zoran Spirkovski  /  Crypto-News.net  | 

HSBC Performs First Trade Finance Transaction Using Blockchain

HSBC Performs First Trade Finance Transaction Using Blockchain

HSBC Holdings, in a joint effort with the Dutch bank ING, successfully executed the world’s first live financial transaction using a blockchain platform with the food and agricultural trading group, Cargill.

The convenience for testing was that Cargill was the exporting and importing company. Namely, Cargill based in Switzerland exported soybeans in the name of Cargill based in Argentina and Singapore and finally, Cargill Malaysia imported the beans in Malaysia as the final destinatio...


Cointelegraph.com News  | 

Taxes On Restricted Crypto And Options Can Be Confusing: Expert Take

Taxes On Restricted Crypto And Options Can Be Confusing: Expert Take

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. This text shouldn’t be considered as legal advice.

There is considerable talk today about crypto investments for everyone, for individual retirement accounts, via index funds, and more. There are also plenty of crypto-related st...


Avi Mizrahi  /  Bitcoin.com  | 

Hebron Resident Accused of Laundering Millions From Stolen Credit Cards With Bitcoin

Hebron Resident Accused of Laundering Millions From Stolen Credit Cards With Bitcoin

The Tel Aviv District Court has received today an indictment against Halmi Git, a 33-year-old from the Palestinian city of Hebron, for a wide-ranging affair involving the management of forums for the sharing and sale of stolen credit card details. His forums have allegedly involved about 1,300,000 users from around the world, leading to massive fraud.

Also Read: Bitcoin in Brief Monday: New EU Rules Kill Another Crypto Venture

Stealing Even From the Moon

According to the...


Cointelegraph.com News  | 

Germany’s BaFin Visits National Bank of Georgia to Discuss Crypto Regulations

Germany’s BaFin Visits National Bank of Georgia to Discuss Crypto Regulations

One of the largest financial supervisors in Europe met with the National Bank of Georgia (NBG) and other members of the finance sector to discuss cryptocurrency regulation, according to a post on the NBG’s site May 18.

According to the post, a representative from Germany’s Federal Financial Supervisory Authority (BaFin) met with members of the NBG, the international financial institutions (IFI), private sector, commercial banks, brokers, audit, and legal companies t...


Kraken Blog  | 

Daily Market Report for May 21 2018

Daily Market Report for May 21 2018 May 21 2018 KRAKEN DIGITAL ASSET EXCHANGE $124M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP BTC&…

Cointelegraph.com News  | 

Volatility: The Necessary Evil Of Cryptocurrency And How To Handle It

Volatility: The Necessary Evil Of Cryptocurrency And How To Handle It

Part of what has cemented cryptocurrencies on the map since they exploded into the mainstream investor market has been their volatility. Investors flooded to the likes of Bitcoin when, through November and December 2018, the value of the cryptocurrency increased in value exponentially.

However, such volatility is a two-edged sword, and the cryptocurrency market has shown that in 2018 with Bitcoin’s price shedding more than 50 percent at times from its year end price of $13,00...


Cointelegraph.com News  | 

Thai SEC Holds Focus Group to Clarify New Crypto, ICO Regulations

Thai SEC Holds Focus Group to Clarify New Crypto, ICO Regulations

Thailand's Securities and Exchange Commission (SEC) held a focus group on cryptocurrency regulation today, May 21, streamed on Facebook Live. The hearing focused on the SEC’s approach to crypto-related businesses and fundraising through Initial Coin Offerings (ICO), local news outlet Siam Blockchain reports.

Today’s focus group clarified that ICOs can only raise funds in the Thai baht and cryptocurrencies permitted by the SEC – those that “have enough liquidity and are not as...


Cointelegraph.com News  | 

Walmart Files Patent for Blockchain-Based Customer Marketplace

Walmart Files Patent for Blockchain-Based Customer Marketplace

Walmart has filed a patent for a blockchain-based marketplace for reselling purchased products, according to a US Patent and Trademark Office USPTO patent filing from May 17.

The application describes a service that would record a customer’s purchases in a blockchain ledger, thus allowing the customer to resell the items on a sales platform using the record of purchase.

The patent notes that since customers don’t always plan to use an item for its lifespan, and are gene...


Miguel Gomez  /  Cryptovest.com  | 

GDPR Draws Fresh Blood in Cryptocurrency World

GDPR Draws Fresh Blood in Cryptocurrency World

The date that GDPR comes into force draws closer, and cryptocurrency service providers are beginning to make somewhat drastic changes to comply.



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News Desk  /  Cryptovest.com  | 

Traxia Unlocks Trade Financing for SME; Aims to Use Cardano Blockchain

Traxia Unlocks Trade Financing for SME; Aims to Use Cardano Blockchain

The project is counting on blockchain technologies to liberalize the system of trade financing.



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Samuel Haig  /  Bitcoin.com  | 

Onchain Capital Founder Bullish on BCH and ETH

Onchain Capital Founder Bullish on BCH and ETH

The founder of Onchain Capital, and host of CNBC Africa’s ‘Crypto Trader’ show, Ran Neu-Ner, recently discussed his outlook for cryptocurrency regulation, initial coin offering (ICOs), and shared his outlook for several top cryptocurrencies markets. Mr. Neu-Ner described Bitcoin Cash and Ethereum as markets that he intends to ‘HODL’, adding that right now, he is passing on BTC in favor of more “exciting” virtual currency markets.

Also Read: Blockchair Feed Reveals Messages Encoded in t...


Miguel Gomez  /  Cryptovest.com  | 

First-Ever Institutional Cryptocurrency Exchange Launched by LMAX

First-Ever Institutional Cryptocurrency Exchange Launched by LMAX

LMAX Exchange Group just launched LMAX Digital, a cryptocurrency exchange service for institutional traders.



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Miguel Gomez  /  Cryptovest.com  | 

Warren Buffett Gets Trolled by Mining Company

Warren Buffett Gets Trolled by Mining Company

After many inflammatory statements against Bitcoin, Warren Buffett's office got a brand new Bitcoin-related billboard planted in front of it by a mining company in a trolling attempt.



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Miguel Gomez  /  Cryptovest.com  | 

Coincheck Eliminates Trading of Privacy Coins, Cites AML

Coincheck Eliminates Trading of Privacy Coins, Cites AML

Coincheck announced its decision to remove Monero and other privacy coins from its listing, citing potential problems with future regulations.



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CoinDesk  | 

Walmart Looks to Blockchain for Retail Product Resales

Walmart Looks to Blockchain for Retail Product Resales

A new patent application from retail giant Walmart shows how blockchain could be used to augment its digital offerings for consumers.

The document, released last Thursday by the U.S. Patent and Trademark Office, outlines a blockchain ledger which would track the items that stores sell to a particular customer. It's the latest example of an intellectual property play by Walmart, which has filed a number of related applications and has also piloted the tech for tracking food products.


Komfie Manalo  /  Cryptovest.com  | 

Philippine Regulator Asks Crypto Community to Aid Draft ‘Appropriate Rules’

Philippine Regulator Asks Crypto Community to Aid Draft ‘Appropriate Rules’

The Philippines' Securities and Exchange Commission (SEC) is asking inputs from shareholders to draft appropriate rules on cryptocurrency and blockchain.



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News Desk  /  Cryptovest.com  | 

Smart Containers Turns to Blockchain to Modernize Routine Logistics

Smart Containers Turns to Blockchain to Modernize Routine Logistics

The project aims to modernize the logistics industry, employing cutting-edge hardware technology to achieve an unparalleled level of automation.



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Bitcoin.com PR  /  Bitcoin.com  | 

PR: Assembling the A Team – The Start of a New Era- INGOT Coin & Trade.io

PR: Assembling the A Team – The Start of a New Era- INGOT Coin & Trade.io

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

It is no secret that everybody wants to make their own ICOs, raise funds and provide better and more efficient services. With the revolution of Blockchainit seems that we are headed to...


Avi Mizrahi  /  Bitcoin.com  | 

LMAX Exchange Group Launches Institutional Cryptocurrency Exchange

LMAX Exchange Group Launches Institutional Cryptocurrency Exchange

LMAX Exchange Group, which operates a UK Financial Conduct Authority (FCA) regulated FX trading venue, has announced today a physical cryptocurrency exchange dedicated to serving only institutional clients. The company says it developed LMAX Digital at the request of its existing clients who asked for a credible, efficient and trusted platform to trade with like-minded institutions.

Also Read: Bitcoin in Brief Monday: New EU Rules Kill Another Crypto Venture

Institutional Grade Cry...

Cointelegraph.com News  | 

Japan’s Largest Bank and Cloud Delivery Giant Akamai Announce Blockchain Payment Network

Japan’s Largest Bank and Cloud Delivery Giant Akamai Announce Blockchain Payment Network

The Mitsubishi UFJ Financial Group (MUFG) has partnered with major U.S.-based cloud delivery platform Akamai Technologies to release a global payment network based on blockchain, Cointelegraph Japan reports today, May 21.

Akamai, a Massachusetts-based firm, was able to test the blockchain platform “under realistic business conditions,” showing a capability for processing a million transactions per second and a capacity for finalizing transactions in under two seconds, accordi...


CoinDesk  | 

Australians Lost Over $2 Million to Crypto Scams Last Year

Australians Lost Over $2 Million to Crypto Scams Last Year

Australian consumers lost more than $2.1 million to cryptocurrency scams in 2017, the country's Competition and Consumer Commission says.

The Commission announced the findings Monday in an annual scams report, also noting that the rise in crypto-related scams corresponded with an increase in coin prices through 2017. Of the more than $2 million lost in 2017, scams cost consumers approximately $100,000 per month between January and September, the report said. However in December - when...


Cointelegraph.com News  | 

Polish Finance Ministry Rolls Back Crypto Tax, Promises Smarter Regulation

Polish Finance Ministry Rolls Back Crypto Tax, Promises Smarter Regulation

Poland’s Ministry of Finance will temporarily suspend tax collection for cryptocurrencies, the Polish Press Agency (PAP) reported May 18. The Ministry says it will conduct an “in-depth analysis” of the crypto space to inform better regulation and taxation policies going forward.

At the beginning of April – income tax statements in Poland are due on April 30 – the Ministry of Finance had released a statement clarifying that taxation for cryptocurrency transactions falls into t...


CoinDesk  | 

A New Startup Has Zooko and Naval Betting on Better Crypto Contracts

A New Startup Has Zooko and Naval Betting on Better Crypto Contracts

If a series of high-profile vulnerabilities weren't enough to persuade you that today's smart contracts are insecure, a group of computer scientists that have been researching them since the 1980s just might.

Announced Monday, computer scientists Mark Miller, Dean Tribble, Brian Warner and Bill Tulloh have launched a new startup, Agoric, to develop a secure, blockchain-agnostic programming language based on javascript. The launch comes with a seed investment from a notable group of ba...


CoinDesk  | 

US, Canadian Regulators Launch Dozens of Crypto Scam Probes

US, Canadian Regulators Launch Dozens of Crypto Scam Probes

An "international crackdown" on cryptocurrency scams was launched Monday by a group of securities regulators in Canada and the United States.

Dubbed "Operation Cryptosweep," the effort was unveiled during a Monday event hosted by the North American Securities Administrators Association (NASAA). Its existence was first reported by the Washington Post and later detailed in releases from the Tennessee Department of Commerce and Insurance (TDCI) as well as the Texas State Securities Board...


Kai Sedgwick  /  Bitcoin.com  | 

Sleeping in His Car and Working Two Jobs: Man Goes All In on Crypto

Sleeping in His Car and Working Two Jobs: Man Goes All In on Crypto

If you had one opportunity to seize everything you ever wanted, would you capture it or just let it slip? So convinced is one man that cryptocurrency is the future, he’s given up his apartment and is living in his car while putting every spare cent towards his crypto portfolio.

Also read: Marvel, The Simpsons Go Crypto

Crypto or Bust

Last year, as bitcoin mania escalated, stories began to surface of men mortgaging their homes and going all in on crypto. But it’s not just homeown...


Miguel Gomez  /  Cryptovest.com  | 

Switzerland to Study Effects of an “E-Franc”

Switzerland to Study Effects of an “E-Franc”

Despite the cautious attitude of its central bank, Switzerland's executive branch sent a proposal to parliament asking them to look into the effects of implementing an e-franc.



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CoinDesk  | 

Bitcoin Took a Hit Last Week But These Cryptos Fared Worse

Bitcoin Took a Hit Last Week But These Cryptos Fared Worse

Bitcoin hogged the limelight in the cryptocurrency markets last week as it fell to one-month lows below $8,000.

Yet, while the world's largest cryptocurrency by market capitalization suffered a 3.6 percent week-on-week drop in prices, it still outclassed other major names like bitcoin cash (BCH) and EOS, which both reported double-digit losses.

Meanwhile, the previous week's winner zilliqa (ZIL) fell almost 20 percent to become the biggest loser among the top 25 cryptocurrencie...


News Desk  /  Cryptovest.com  | 

Krypton Capital Launches Krypton Trading, a Comprehensive Algo-Trading Solution for Digital Assets

Krypton Capital Launches Krypton Trading, a Comprehensive Algo-Trading Solution for Digital Assets

Krypton Capital has launched Krypton Trading, an algo-trading company with unique technology solutions designed to maximize profits in highly volatile cryptocurrency markets.



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Lubomir Tassev  /  Bitcoin.com  | 

Poland Backpedals on “Irrational” Crypto Tax After Strong Backlash

Poland Backpedals on “Irrational” Crypto Tax After Strong Backlash

Authorities in Poland have realized how inapplicable their decision to tax all crypto transactions really is. A high-ranking official from the Finance Ministry said in an interview that his department “accepts the irrational effect” of the tax it wanted to levy on every purchase and sale of cryptocurrency, regardless of their profitability. Other reports suggest that Warsaw has no intentions to strictly follow the letter of the current tax law before it develops a comprehensive approach towar...


Cointelegraph.com News  | 

Roger Ver and Mate Tokay from Bitcoin.com Join A New Fintech Startup Advisory Board

Roger Ver and Mate Tokay from Bitcoin.com Join A New Fintech Startup Advisory Board

Bitcoin.com’s CEO Roger Ver and COO Mate Tokay have become advisors to a fintech startup MoneyToken, as reported in MoneyToken’s announcement. The partnership between MoneyToken and Bitcoin.com may bring new benefits to the Bitcoin Cash (BCH) community, as BCH will be available as accepted collateral on the MoneyToken lending platform, says the joint press release.

According to Bitcoin.com, Roger Ver is also an advocate of Bitcoin Cash and one of the key influencers in the cr...


CoinDesk  | 

Bitcoin Miner Maker Canaan Files for Hong Kong IPO

Bitcoin Miner Maker Canaan Files for Hong Kong IPO

Canaan Creative, one of the biggest manufacturers of bitcoin mining chips and devices, has filed for an initial public offering (IPO) with the Stock Exchange of Hong Kong (HKEX).

Filed on May 15, the firm's application is still in draft form and pending approval from the HKEX, so it remains unknown at this stage how much the China-based company is valued at and what figure it intends to raise.

However, a report from Bloomberg suggests that the firm aims to raise $1 billion, whi...


Cointelegraph.com News  | 

China's IT Ministry: 2017 Saw Peak Investment in Domestic Blockchain Industry

China's IT Ministry: 2017 Saw Peak Investment in Domestic Blockchain Industry

A major Blockchain Industry White Paper published by China’s Ministry of Industry and Information Technology reveals that the domestic blockchain industry saw “exponential” growth in 2017, according to a ministry press release today, May 21.                            

The 157-page report shows that 178 new blockchain startups were launched in China in 2017, bringing the total number to 456. This compares with 136 new startups in 2016, a figure that had already trip...


Cointelegraph.com News  | 

UK: Fiat Exchange LMAX Launches Crypto Trading to ‘Further Legitimize Market’

UK: Fiat Exchange LMAX Launches Crypto Trading to ‘Further Legitimize Market’

UK trading platform LMAX has announced its entrance into the cryptocurrency market, launching an exchange targeting institutional investors, Financial Times reports today, May 21.

LMAX, which has offered fiat currency trading since its inception in 2010, plans to cement the legitimacy of the cryptocurrency arena as institutional interest continues to grow.

“We are furthering the legitimization of the crypto currency [sic] market by offering institutions a platform on wh...


CoinDesk  | 

Blockchain's Killer App? Making Trade Wars Obsolete

Blockchain's Killer App? Making Trade Wars Obsolete

Pindar Wong is the chairman of VeriFi (Hong Kong) Ltd. An internet pioneer, he co­founded the first licensed Internet Service Provider in Hong Kong in 1993. 

On Hainan Island, China's Hawaii, in the shadow of sanctions, tit-for-tat tariffs and a looming trade war, China's paramount leader stood up for globalization last month by launching a surprise defense of world trade. Laudable though his position might be, Xi Jinping's bargaining position - and that of Donald Trump - may soon be...


Christine Masters  /  Cryptovest.com  | 

Roger Ver Riles Up Community to Send BCH to HK Stock Exchange Chief Economist

Roger Ver Riles Up Community to Send BCH to HK Stock Exchange Chief Economist

Did Roger Ver just jump the shark yet again? Ver triggered what some see as a crowdsourced bribe to HK Stock Exchange Chief Economist Shusong Ba.



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Avi Mizrahi  /  Bitcoin.com  | 

Bitcoin in Brief Monday: New EU Rules Kill Another Crypto Venture

Bitcoin in Brief Monday: New EU Rules Kill Another Crypto Venture

The upcoming implementation of a major regulatory push by the European Union to control how companies can operate on the Internet has killed another venture in the cryptocurrency sphere. This story, astrology-based financial investment, and many more feature in today’s edition of Bitcoin in Brief.

Also Read: Marvel, The Simpsons Go Crypto

Parity Shuts Down ICO Passport Service

The team behind Parity Technologies, the developers of the Parity multi-signature wallet, have announce...


Cointelegraph.com News  | 

Just Resigned CEO of World’s Largest Crypto Exchange OKEx Joins Rival Exchange Huobi

Just Resigned CEO of World’s Largest Crypto Exchange OKEx Joins Rival Exchange Huobi

The outgoing CEO of OKEx crypto exchange has joined rival exchange Huobi just days after resigning from his former post, Cointelegraph Japan reports today, May 21.

Li Shufei, also known as Chris Lee, left his roles as CEO of OKEx and CFO of parent operator OkCoin on May 14, reportedly to “start a new life.” Lee is now joining Huobi as Board Secretary and VP of International Business Development, effective May 18.

Among many tasks, Lee will support Huobi's global busines...


CoinDesk  | 

Colorado's Politicians Could Soon Accept Crypto Contributions

Colorado's Politicians Could Soon Accept Crypto Contributions

The state of Colorado could soon allow political committees to accept contributions in cryptocurrency.

The Office of the Colorado Secretary of State published a new working draft of its "Rules Concerning Campaign and Political Finance" on Wednesday, which notably includes a new section on cryptocurrency donations.

The document, which updates the Code of Colorado Regulations, does not specify any particular cryptocurrencies in the new rule, but does allow for market volatility a...


Christine Masters  /  Cryptovest.com  | 

TEZOS Pressured by Class Action Lawsuit, Community Still Hopes on Official Launch

TEZOS Pressured by Class Action Lawsuit, Community Still Hopes on Official Launch

The pre-launch “tezzies”, or ERC-20 tokens, are hovering around $5, and the community may be losing patience.



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News Desk  /  Cryptovest.com  | 

Coinzilla Raises the Crypto Traffic Game After Big Names Ban Ads

Coinzilla Raises the Crypto Traffic Game After Big Names Ban Ads

The project aims to make online advertising for crypto-related projects easier and more efficient.



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CoinDesk  | 

Former OKEx Chief Joins Rival Cryptocurrency Exchange Huobi

Former OKEx Chief Joins Rival Cryptocurrency Exchange Huobi

Chris Lee, the former CEO of Hong Kong-based crypto exchange OKEx, has announced he is joining rival platform Huobi as its vice president of global business development.

According to an announcement by Singapore-based Huobi on Monday, Lee will head the group's global mergers and acquisitions strategy and supervise international development as the exchange moves towards global expansion.

"I am a big believer in blockchain technology and view exchanges as the heart of the industr...


Christine Masters  /  Cryptovest.com  | 

VeChain (VEN) Reveals Renewed White Paper, Roadmap

VeChain (VEN) Reveals Renewed White Paper, Roadmap

The network, soon to start working with a two-token reward model, is one of the most complicated systems among crypto platforms.



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Bitcoin.com PR  /  Bitcoin.com  | 

PR: ECOMI Partners with tokidoki to Transform Characters into Digital Collectables

PR: ECOMI Partners with tokidoki to Transform Characters into Digital Collectables

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

During Consensus Week in New York, Singapore-based blockchain technology company, ECOMI, announced its first license with tokidoki, the internationally recognized and iconic lifestyle...


Miguel Gomez  /  Cryptovest.com  | 

Cryptocurrency Confirmed as Property in Russia, Justice Minister Says

Cryptocurrency Confirmed as Property in Russia, Justice Minister Says

The Russian justice minister established once and for all that cryptocurrency is property after a landmark bankruptcy trial ruled along these terms.



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Komfie Manalo  /  Cryptovest.com  | 

Exclusive: Manila’s Special Economic Zone Crypto Coin to Go Global

Exclusive: Manila’s Special Economic Zone Crypto Coin to Go Global

The special economic zone cryptocurrency the Philippines is planning is to be rolled out in SEZs around the world.



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CoinDesk  | 

Back Above $8,500: Does Bitcoin's Rally Have Legs?

Back Above $8,500: Does Bitcoin's Rally Have Legs?

Bitcoin (BTC) has bounced back above $8,500, but the rally is not backed by decent trading volumes, the technical charts indicate.

The cryptocurrency closed below key technical levels on Thursday, signaling a bearish breakdown, but the sell-off unexpectedly ran out of steam at $7,925 a day later. Subsequently, bitcoin gained more than $500 over the weekend, rising back above resistance at the 50-day moving average.

At time of writing, BTC is changing hands at around $8,530, hav...