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Mining Giant Canaan Faces Stiff Competition After IPO Shares Slump
10.1.2020
On November 21, the Chinese mining rig manufacturer Canaan Inc. launched its initial public offering (IPO) sale of $90 million worth of U.S. shares. Canaan shares initially sold for $8.99, but plummeted over 48% on December 16 to $4.65 per share. Since then, Canaan has launched a series of five...
Federal Reserve Considers Creating a Separate Entity for Cash Injections
8.1.2020
While American President Donald Trump wages war with Iran, the U.S. Federal Reserve has continued to inject fresh capital into the hands of private banks by giving them $100 billion in overnight and 14-day repos on Tuesday. The same day, Rabobank strategist Philip Marey predicted the central bank...
Bitcoin Price Rockets to $8,450 as Iran Attacks U.S. Bases in Iraq
8.1.2020
The looming threat of war between the U.S. and Iran pushed commodity prices to record highs and Bitcoin price appears close to confirming a trend reversal near $8.5K
5th straight green day for Bitcoin What is happening
7.1.2020
CoinMarketCap Daily Newsletter Your daily newsletter for 7 January, 2020 “The highest appreciation is not to utter words, but to live by them.” - John F. Kennedy In today's newsletter, we will be covering: U.S. state of Virginia's legislature looking to blockchain […]
The post 5th straight...
5th straight green day for Bitcoin What is happening
7.1.2020
CoinMarketCap Daily Newsletter Your daily newsletter for 7 January, 2020 “The highest appreciation is not to utter words, but to live by them.” - John F. Kennedy In today's newsletter, we will be covering: U.S. state of Virginia's legislature looking to blockchain […]
The post 5th straight...
Regs Roundup: SEC Actions, Crypto Tax-Free in Korea, India’s National Blockchain Seminar
7.1.2020
In this roundup, we cover several crypto-related actions by the U.S. Securities and Exchange Commission (SEC) and the New York regulator’s crypto job posting. We also cover new Chinese laws, South Korea’s tax clarification, India’s blockchain education, the IMF working with...
John McAfee Plans to Tokenize All 535 Members of US Congress
5.1.2020
On Saturday, the notorious John McAfee revealed a new project he’s launching that aims to tokenize all 535 members of U.S. Congress in order to sell them on the open market. McAfee said that the U.S. representative tokens will be listed on his exchange McAfeedex so people can find out what...
Telegram Rejects SEC Request to Hand Over Bank Records for TON
5.1.2020
Telegram Group, the company behind the TON blockchain project, has reportedly refused to share information with the SEC showing how much it spent of the $1.7 billion raised from investors in the past couple of years and where. In a recent court filing, the securities regulator alleges that Telegram...
Crypto Investor Sues U.S. Law Firm over ‘Erroneous’ Advice
3.1.2020
A cryptocurrency investment company has hit a major law firm with a malpractice suit in a potential watershed case for the American legal and crypto worlds.
According to legal documents submitted to a court in the American state of Illinois, Crypto Assets Fund has filed against Faegre Baker...
Bitcoin as Safe Haven Narrative is Tested Again After U.S. Strike in Iran
3.1.2020
The remains of a vehicle hit by missiles outside the Baghdad Airport. Source: a video screenshot, Youtube, Guardian News
The popular oft-debated narrative of Bitcoin (BTC) as a safe haven is being tested yet again, following the U.S. strike in Iran.
Iranian Major-General Qassem Soleimani, head...
China Takes Another Step Away From USD Hegemony
1.1.2020
The China Foreign Exchange Trade System (CFETS) announced that effective January 1, 2020, the system “will adjust weights for CFETS RMB Index,” decreasing the weighting of the USD for the second time in the currency basket’s history from 22.40% to 21.59%, and increasing the Euro...
In Race for 2030 Currency Supremacy, the Dollar Is Its Own Worst Enemy
31.12.2019
As the roaring '20s begin, the U.S. dollar looks as strong as ever. But signs of decline are on the horizon
Ethereum Proponent Virgil Griffith Deemed a Flight Risk, Judge Denies Bail
30.12.2019
U.S. law enforcement filed in November criminal charges against Ethereum researcher Virgil Griffith because he traveled to North Korea and taught “his audience how to use blockchain technology.” Griffith was arrested on Thanksgiving Day and has been forced to remain in prison the whole...
92000 ETH has been moved
27.12.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 27 December, 2019 “There's no such thing as a free lunch.” - Milton Friedman In today's newsletter, we will be covering: Ethereum co-founder reportedly selling 90k ETH to U.S. cryptocurrency exchange OKEx launching Bitcoin […]
The post...
92000 ETH has been moved
27.12.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 27 December, 2019 “There's no such thing as a free lunch.” - Milton Friedman In today's newsletter, we will be covering: Ethereum co-founder reportedly selling 90k ETH to U.S. cryptocurrency exchange OKEx launching Bitcoin […]
The post...
Crypto’s Counterpunch to U.S. Hegemony and Empire
27.12.2019
“The Muslim world should be designing measures to save themselves from the domination of the United States dollar and the American financial regime.” —Hassan Rouhani, President of Iran Also Read: Crypto Confronts Social Justice Warriors Hegemony and Muslim Resistance Hegemony...
Ethereum Co-Founder Reportedly Sells 90k ETH To U.S. Cryptocurrency Exchange
27.12.2019
Sources show that Ethereum co-founder sells 90k ETH to Kraken
Greek Court Suspends Decision to Extradite Alexander Vinnik
25.12.2019
The Supreme Administrative Court of Greece has suspended a decision to extradite the alleged BTC-e operator Alexander Vinnik. The temporary measure has been imposed to allow the review of an appeal against the extradition. The Russian national, accused of laundering billions of dollars through...
Mnuchin Affirms $1.5 Trillion Unaccounted For, Still Demands Strict Bitcoin Regulation
23.12.2019
U.S. Treasury Secretary Steven Mnuchin remarked last week that a reported $1.5 trillion in missing cash — mostly one hundred dollar bills — was “sitting in bank vaults all over the world.” The famously anti-bitcoin U.S. official noted that “there’s a lot...
Regulatory Roundup: New US Crypto Bill, France’s 1st Approved ICO, Muslim Crypto
23.12.2019
In this roundup, we cover a wide range of regulatory developments in the crypto space. Much has transpired in the U.S., including a new crypto bill, SEC’s proposal, lawmakers seeking answers from the IRS, and the state of Michigan signing several crypto bills into law. We also cover...