Hedge Fund Execs Predict Bitcoin Price will Close 2019 at $9,659
May21

Hedge Fund Execs Predict Bitcoin Price will Close 2019 at $9,659

The bitcoin price has surged a little above 114 percent in 2019 so far. But, according to a new poll, the cryptocurrency has extra fuel to sustain its upside action further. US comparison website Finder surveyed ten FinTech capitalists, including executives from hedge funds Arca and BitBull Capital, on Friday. The portal found that a majority of them expected that bitcoin would pullback from its recently tested $8,000-level. However,...

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SEC delays VanEck Bitcoin ETF decision, Ripple CEO on crypto’s future and more
May21

SEC delays VanEck Bitcoin ETF decision, Ripple CEO on crypto’s future and more

Crypto News – 21 May – SEC delays VanEck Bitcoin ETF decision, Ripple CEO on crypto’s future and more Don’t forget to follow us for our daily videos#RIPPLEARMY #ripplenews #bitcoin #abnamro #VanEck #CryptoNews #abnamro #bitcoins #SEC #cryptocurrency pic.twitter.com/ZsHEt0cw1C — AMBCrypto (@CryptoAmb) 21 May 2019 Daily Crypto News – May 21 1) TD Ameritrade invests in Eris-X: According to an official announcement, the organization...

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Bitcoin SV Price Goes Vertical Following Craig Wright’s Whitepaper Copyright Claim
May21

Bitcoin SV Price Goes Vertical Following Craig Wright’s Whitepaper Copyright Claim

According to a press release published by CoinGeek, controversial crypto proponent Craig Wright has been granted copyright registrations for the original Bitcoin Whitepaper with the US Copyright Office. The pro-Bitcoin SV publication has used the news as concrete evidence that Wright is indeed Satoshi Nakamoto. Although many in the wider cryptocurrency community remain unconvinced by Wright’s claims, even in light of the latest...

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Bitcoin [BTC] has emerged as a better store-in-value than Peso in Argentina, claims Bitcoin Maximalist
May21

Bitcoin [BTC] has emerged as a better store-in-value than Peso in Argentina, claims Bitcoin Maximalist

Many countries in South America are struggling with economic frailty, with domestic fiat currencies of many falling in value under the pressure of inflation. Argentina has been one of these countries and it continues to struggle with a depreciating economy and high inflation. According to recent reports, Bitcoin [BTC] has emerged as a better store-in-value and people would have benefited more if they had bought the digital asset at...

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IRS Plans to Issue Guidance on Virtual Currency Taxation
May21

IRS Plans to Issue Guidance on Virtual Currency Taxation

Internal Revenue Service (IRS) commissioner Charles Rettig has explained to U.S. representatives that the tax department plans to issue clearer guidance toward cryptocurrency taxation soon. Since 2014, Americans have been asking the tax agency for better clarification in regard to official tax guidelines. Also read: Last Will Platform Allows Your Loved Ones to Inherit Your BCH IRS Pressured to Issue New Crypto Tax Guidelines In...

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Bitcoin SV briefly soars by 116% in an hour, reaching five-month high
May21

Bitcoin SV briefly soars by 116% in an hour, reaching five-month high

Bitcoin SV, the fork coin, pumped by 116% in an hour and reached $135 very briefly; this happened after CoinGeek’s article claimed that Craig Wright was granted US copyright registrations for Bitcoin whitepaper. As seen in the chart below, the price hit $135 in an instant and dropped down to $107, at press time. The coin, which was trading at $65 rose dramatically after the article was published, which does not seem like a...

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Japanese Parliament Moves New Crypto Regulations to the Upper House
May21

Japanese Parliament Moves New Crypto Regulations to the Upper House

Japan’s House of Representatives passed crypto-related amendments to two financial laws to the upper house. The Japanese House of Representatives has passed new crypto regulation in the upper house of the National Diet, local news agency Nikkei reports on May 21. The lower house has reportedly moved crypto-related amendments to the existing financial law to the House of Councillors at a recent plenary session.                 ...

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Bitcoin Futures: CME tops charts, trading volumes spikes by 263% as April rally buoys market
May21

Bitcoin Futures: CME tops charts, trading volumes spikes by 263% as April rally buoys market

As Bitcoin [BTC] surges to the moon, and still looks to ascend, the markets sparked a revival in April. The Futures market, an often-forgotten aspect of the diverse array of BTC products, performed exceedingly well as Bitcoin broke the $5,000 ceiling. The spearhead of this BTC futures rise was the Chicago Mercantile Exchange [CME], which saw a massive 263 percent increase in their average trading volume in the month of April alone, as...

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SEC Shuts Down Ponzi Scheme Which Duped 300 Into ‘Diamond-Backed’ Cryptocurrency
May21

SEC Shuts Down Ponzi Scheme Which Duped 300 Into ‘Diamond-Backed’ Cryptocurrency

An indictment names several individuals and companies, with fraudulent activities continuing over a period of several years. The United States Securities and Exchange Commission (SEC) has halted a confirmed cryptocurrency Ponzi scheme after it took funds worth $30 million, the regulator confirmed in a press release on May 21. The principal behind Argyle Coin, Jose Angel Aman, is now subject to legal action for running a Ponzi scheme...

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SEC Postpones VanEck Bitcoin ETF, Yet Again. Should We Expect an Approval in 2019?
May21

SEC Postpones VanEck Bitcoin ETF, Yet Again. Should We Expect an Approval in 2019?

The SEC delays its decision on the VanEck SolidX bitcoin ETF proposal yet again. Yesterday, the United States Securities and Exchange Commission (SEC) postponed its decision on the VanEck/SolidX bitcoin (BTC) exchange-traded fund (ETF) proposal, signaling that the regulator is still not ready to see crypto-based funds being traded on regulated exchanges. However, while the general sentiment is that the agency will continue to push...

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Ethereum [ETH] wouldn’t be where it is today without infrastructure like Infura, MetaMask & Truffle, says Felix Feng
May21

Ethereum [ETH] wouldn’t be where it is today without infrastructure like Infura, MetaMask & Truffle, says Felix Feng

Felix Feng, the Co-founder and CEO of SetProtocol, recently elucidated the reason why cryptocurrency projects usually chose Ethereum, a leading smart contract platform, over other smart contract blockchains, including Proof-of-Stake chains of players such as Tezos and Tron Foundation. Feng stated on Twitter that one of the most frequent questions he’s asked was whether SetProtocol would be built on other chains. The CEO stated that...

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Australian Securities and Investments Commission Warns Public Against New Crypto Scam
May21

Australian Securities and Investments Commission Warns Public Against New Crypto Scam

The Australian financial regulator has warned the public against an alleged crypto-related scam operating with no license. The Australian Securities and Investments Commission (ASIC) has issued another warning on May 21 against an alleged crypto-related scam project. According to the report, the Australian financial regulator has today published a warning against an alleged scam entity dealing under two names, Dartalon Ltd and GFC...

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Self-Proclaimed Satoshi Craig Wright Files US Copyright Registrations for BTC White Paper
May21

Self-Proclaimed Satoshi Craig Wright Files US Copyright Registrations for BTC White Paper

Court documents show that the Wright has filed registrations with the U.S. Copyright Office. Craig Wright has filed United States copyright registrations for the Bitcoin (BTC) white paper authored by Satoshi Nakamoto. Court documents show that the U.S. Copyright Office has registrations with Wright as the author of the white paper, as well as most of the original code used to build Bitcoin. The Australian entrepreneur has long claimed...

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This Prominent Investor Sees Bitcoin Surpassing Gold as a Store of Value
May21

This Prominent Investor Sees Bitcoin Surpassing Gold as a Store of Value

Barry Silbert, CEO of digital investment house Grayscale, has been pushing the #dropgold campaign. At the heart of this is a drive to promote digital currencies as a viable alternative to investing in gold. However, considering gold’s track record over thousands of years, many are skeptical of the message. The question is, can Bitcoin replace gold as a store of value? Excited to share that the #DropGold TV spot begins airing...

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Bitcoin [BTC]: Euro overtakes JPY in BTC-to-fiat trading; USD surges to take majority
May21

Bitcoin [BTC]: Euro overtakes JPY in BTC-to-fiat trading; USD surges to take majority

Bitcoin [BTC], the strongest cryptocurrency in the market, has met its fiat equivalent, the US Dollar [USD] and together, the pair continued to hold firm as the most dominant crypto-fiat trading pair in the market. As USD continues to consolidate, the runners-up continues to be an evolving position. Euro [EUR] ascended the currency ladder and for the month of April, recorded the second highest trading volume against Bitcoin, after the...

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