Bitcoin Today: Prices Rally Toward $7000 Amid Mixed Sentiment

Analysts as Bank of America/Merrill Lynch said in a note that bitcoin is one of the "greatest asset price bubbles in history," according to Coindesk. Analysts said that given bitcoin's 60% correction already in 2017, the bubble is already popping. BofA compared bitcoin to other great bubbles in history – U.S. …
Google Alert – bitcoin

Coinbase Takes Steps Toward Becoming an Alternative Trading System (bitcoinmagazine.com)

Cryptocurrency trading firm Coinbase has entered into talks with the U.S. Securities and Exchange Commission about registering as a licensed broker-dealer firm and electronic trading venue, The Wall Street Journal reported on Friday, April 6, 2018.The move comes just as U.S. regulators have begun clarifying their stance on virtual currencies. Testifying before the…

Bitcoin

Korean Regulator Tips Cryptocurrency Prospects Back Toward “Normalization” (bitcoinmagazine.com)

On February 20, 2018, investors saw signs of yet another directional shift in South Korea’s regulatory stance on cryptocurrencies. According to Reuters, Choe Heung-sik, the governor of South Korea’s Financial Supervisory Service (FSS), told reporters, “The whole world is now framing the outline (for cryptocurrency) and therefore (the…

Bitcoin

Bitcoin Today: Prices Climb Toward $12000 Amid Asian Regulation Developments

Renewed optimism in the future of South Korean regulation played a large part in bitcoin's Tuesday rally. South Korea Financial Supervisory Service Gov. Choe Heung-sik said the government will support cryptocurrency trading "if normal transactions are made," Yonhap News Agency reported.
Google Alert – bitcoin

CME Takes Cautious Stance Toward Crypto-Futures Besides Bitcoin

Though Bitcoin has grabbed the bulk of the hype, there are about 1,500 other digital tokens listed on Coinmarketcap.com. Ethereum and Ripple have the second- and third-highest market capitalizations among digital currencies, $ 100 billion and $ 38 billion, respectively, trailing only Bitcoin's $ 155 billion, …
Google Alert – bitcoin