Bad news for digital currency prices, granted that the Securities and Exchange Commission once again rejected the proposal to list a cryptocurrency exchange-traded fund on the Gemini exchange. The proposal, which was rejected in a 3-1 vote, was made by twins Tyler & Cameron Winklevoss, founders of the Gemini exchange and famous for their legal…
In light of the recent Bitcoin price rally, the European Parliament Committee on Economic and Monetary Affairs issued a report outlining their expectations of the future for the cryptocurrency industry. The committee considers that if central banks would get involved in the market and begin issuing centralized digital currencies, traditional coins like Bitcoin could be…
Smart contracts have often been praised for their accuracy, transparency, speed, security, trust and efficiency, yet mass-adoption is slowed down due to legal uncertainty. Now, reports indicate that the U.K. Law Commission is working on a research project that would bring legal clarity to the smart contract market. The agency published a white paper, outlining…
Apple’s Co-Founder, Steve Wozniak, has often voiced his positive opinion on Bitcoin, but it seems like he doesn’t have the same view on blockchain technology – for now. During a speech he held at the NEX Technology Conference in New York, Wozniak made several statements concerning blockchain technology.
He compared the current hype to that of the…
The U.S. Department of Justice (DoJ) has arrested more than 40 individuals suspected for selling illicit goods on dark web marketplaces. Following the arrests, a total of $23.6 million worth of weapons, drugs and digital currencies have been seized. The operation has been based on what the DoJ has referred to as "the first nationwide…
Following the massive price surges of October, the month of November started positively for Bitcoin. On Friday, the digital currency managed to skyrocket past the threshold of $7,400 thus reaching a new all-time high. Currently, the new ATH held by BTC is of $7,454, following the 6% increase in price.
At this time, numerous economic analysts…
The year of 2017 has brought a great increase in Bitcoin price, yet during this year, numerous countries have decided to regulate digital currencies and blockchain technology. One of the latest examples in this direction is Kazakhstan, which is reportedly considering restricting some digital currency-related activities.
According to recent reports, the National Bank of Kazakhstan has…
For months now, banks and financial institutions all over the world have invested considerable capital in blockchain technology research and project development. The Bank of America for instance has just filed a couple of patents meant for a blockchain system that will improve the tracking process of file transfers in real time.
By utilizing this system,…
While merchants throughout the world accept Bitcoin as a method of payment, governments are generally more laid-back and conservative in this regard. However, recent reports indicate that officials from the Swedish Enforcement Agency have settled a pending debt using the digital currency, which makes them the first country to accept Bitcoin for a debt being…
Despite some negative news surrounding the digital currency ecosystem, continuous investor support has caused yet another price rally for Bitcoin, surpassing the $5,000 threshold and reaching once again a new all-time high, just a little shy of the $5,850 mark.
On Thursday, the Bitcoin price managed to quietly pass the $5,000 mark and from there start…
