Posts

Showing posts from February 6, 2018

Mexicos Vicente Fox Invites the Blockchain Community to Join His Yellow Revolution

Former President of Mexico Vicente Fox was part of a panel discussion at the Blockchain Economic Forum in Singapore on February 5, 2018, and had a number of insights on blockchain technology generally and how Mexico might make use of it to help curtail corruption and rein in the drug trade.While President Fox openly admitted that he doesnt understand blockchain technology that well at this point learning more about it was a big reason he went to the conference, he does see the incredible pote

SEC Chairs Written Testimony Hints at Moderation for Cryptocurrencies, but ICOs Be Warned

The written testimony from Jay Clayton, chairman of the United States Securities and Exchange Commission SEC, was released on February 5, 2018. It comes ahead of the chairmans oral testimony before the U.S. Senate Committee on Banking, Housing and Urban Affairs on February 6, 2018, on the matter of Virtual Currencies The Oversight Role of the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission. Usually the written testimony closely mirrors the language we

Bitcoin Price Analysis Bitcoin Bulls Find Respite Along Major Support Lines

Over the last week, bitcoin has seen an aggressive markdown from the $12,000s to the $6,000s a 50 move in 7 days. Right now, a battle between the bulls and the bears is under way as the market is trying to decide if todays rally is a temporary bottom or a decisive end to the aggressive bitcoin bear marketFigure 1 BTC-USD, 1-Day Candles, Macro TrendTo date, the market has broken number lines of support including the daily 200 EMA. The daily 200 EMA has been a strong support for the last few y

Seven Takeaways From The SEC And CFTC’s Testimony On Virtual Currency

Image
via ETHNews https://www.ethnews.com/seven-takeaways-from-the-sec-and-cftcs-testimony-on-virtual-currency

Energy Trading Giant Looks To Blockchain To Meet Rising Demand

Image
via ETHNews https://www.ethnews.com/energy-trading-giant-looks-to-blockchain-to-meet-rising-demand

CFTC Issues Tax-Time Advisory For Cryptocurrency IRAs

Image
via ETHNews https://www.ethnews.com/cftc-issues-timely-advisory-for-cryptocurrency-retirement-accounts

New BIS Head Urges Authorities to 'Act Preemptively' On Cryptocurrencies

Image
via ETHNews https://www.ethnews.com/new-bis-head-urges-authorities-to-act-preemptively-on-cryptocurrencies