The SEC Guidelines are HERE! Release of Crypto Token Guidance

It’s been nearly six months in the making and now the US Securities and Exchange Commission (SEC) has finally published its regulatory guidelines for token issuers. Though many questions remain unanswered, crypto enthusiasts have finally got some clarity on the issue of “tokens as securities.” SEC Guidelines The SEC Guidelines focus on tokens and how and when they may be classed as a security. It includes examples of networks and tokens that fall under security laws, as well as examples of those that don’t. It outlines a number of elements…

Bitcoin Surges Above $5,000, but the Bull Hasn’t Come Yet

This article was originally published by 8btc and written by Chloe Jiang. The price of bitcoin surged above $5,000 for the first time in 2019, bringing other major cryptocurrencies up with it. The collective market surged and broke the $140 billion mark for the first time in a week. Many investors who suffered from the crypto crash rekindled their hopes and now believe that the bull market is coming back. However, that may not be the case. For example, Zhao Dong, one of China’s most influential bitcoin billionaires and a…

Bitcoin Curiosity Went Parabolic During Tuesday’s Massive Rally: Google

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Google’s trend explorer shows that global searches for the keyword ‘bitcoin’ more than tripled during Tuesday’s massive rally. Bitcoin Searches Spike as Crypto Market Booms While the precise number of…

European Union Launches International Association of Trusted Blockchain Applications

The European Union announced the launch of the International Association of Trusted Blockchain Applications (INATBA) on its official website on April 3. According to a Cointelegraph representative who attended today’s ceremony at the European Commission in Brussels, the more than 100 members who have signed the charter include IBM, Accenture and Deutsche Telekom. Among the blockchain-related members number Iota, Ripple, ConsenSys, and the Sovrin Foundation. Per the announcement, INATBA aims to bring together industry startups, small and medium enterprises (SMEs), regulators and standard setting bodies to bring blockchain and distributed…

Is Litecoin (LTC) Up Because of FOMO? Adds $2.7 Billion in 18 Hours

Litecoin gains impressive, up 47 percent Losses from CoinBase’s hot wallet insured by a $255 million cover As one of the most secure exchange, CoinBase is not taking chances. Their chief information security officer now reveals that the exchange’s hot wallet insurance policy covers $255 million just in case of losses. That has been the state since late 2013. In the meantime, Litecoin (LTC) is up 47 percent, and buyers are aiming at $90. Litecoin Price Analysis Fundamentals CoinBase, the US exchange valued at over $8 billion is unique because…

Ripple (XRP) Medium-Term Trend Is Set, 80 Cents Likely

Ripple prices solid above 34 cents Will banks shift to xRapid because of the solution’s benefits? Several analyses show that xRapid is cheap and fast. As such, it is likely that once there is regulatory certainty around XRP, more banks will shift towards xRapid supporting Ripple (XRP) prices. Ripple Price Analysis Fundamentals Many proposals will see banker’s profit slashed. One of them is the proposal to shift away from the high-latency messaging network in SWIFT towards a time-saving, cost-saving and the transparent system powered by RippleNet. With xRapid–and through economies…

US SEC Releases No-Action Letter Confirming TurnKey Jet ICO Tokens Are Not Securities

On April 3, the United States Securities and Exchange Commission (SEC) has issued a no-action letter to TurnKey Jet, confirming that the TKJ tokens issued during the startup’s initial coin offering (ICO) are not securities. In the letter, the regulator specifies that it considered that the platform will be fully developed and operational at the time the tokens are sold, and the funds won’t be used to develop the platform. It also mentions that the tokens will be immediately usable and have been marketed for their utility, not potential profits.…

Speak Out: Discussing the Nature of Stablecoins

On the one hand, stablecoins have no extreme volatility as they are pegged to other assets like USD or gold. On the other, the peg can sometimes be lost, and arguably the most popular stablecoin (USDT) is mainly known for being the most controversial. Today, we invite you to discuss the stability of stablecoins and to share your opinion about what you consider to be the outstanding ones. Reply in the comments below! Source link

Yes, Bitcoin (BTC) Whales Are In, a $100.3 Million Buy Order is Just the Beginning

Bitcoin price up 26 percent Surge because of a 20,000 BTC single buy order The crypto market is raving, posting double-digit gains and poised for now thanks to a $100 million, single buy order trigger identified by blockchain sleuths. Because of favorable candlestick arrangement, Bitcoin is likely to edge higher but could first correct to $4,500—700 zone before trend continuation. Bitcoin Price Analysis Fundamentals Good news is Bitcoin (BTC) is up 26 percent in the last week, hauling periphery altcoins. Thus far, it is an impressive performance and despite all…

Biotech Company-Turned-Mining Firm Riot Blockchain Reports 2018 Net Loss of $58 Million

Biotechnology company turned mining firm Riot Blockchain reported a 2018 net loss of about $58 million in its financial report released on April 2. Per the report, the company’s net loss was primarily attributable to the noncash aggregate impairments, depreciation, amortization and stock-based compensation expenses amounting to about $45.2 million. The company also reportedly generated about $7.7 million in revenue through the mining of 1,081 Bitcoins (BTC), including converted Bitcoin Cash (BCH), and 3,023 Litecoins (LTC) during the year. The company claims that it has no long-term debt and that…