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Wednesday, January 3, 2018
CryptoCurrency News: 2017's Crypto (R)evolution Was Just the Beginning
The crypto markets aren't small business anymore – here, one of the ecosystem's earliest traders recaps 2017's wild rise to the financial mainstream.
via CoinDesk
CryptoCurrency News: SEC Seeks Comment on CBOE Bitcoin ETF Filings
The SEC released a filing for a proposed rule change for public comment. If implemented, the change would let Cboe launch a bitcoin ETF.
via CoinDesk
CryptoCurrency News: Judge Dismisses Long-Shot Bid to Overturn New York Bitcoin Law
The New York State Court granted a motion to dismiss a two-year one-man lawsuit that tried to overturn the existing New York bitcoin law.
via CoinDesk
CryptoCurrency News: RBC Report: Crypto and Blockchain Could Unlock $10 Trillion Market
A new report by a Royal Bank of Canada analyst outlines potential use cases for blockchain technologies while predicting a $10 trillion industry.
via CoinDesk
CryptoCurrency News: Ripple's XRP Token Sets All-Time Price High Above $3
Ripple hit a new all-time-high above $3 today, up more than 200 percent from its value just a week ago.
via CoinDesk
[FOREX NEWS] FOMC Meeting minutes show a divided committee – USD ticks up
Some dovish members see a change in long-term inflation expectations. There has been no progress on understanding the low level of inflation that Yellen called “mysterious” in the past. The majority are still confident that inflation will reach 2% in the medium term. The hawkish group is more concerned a more severe undershoot in the [...]
The post FOMC Meeting minutes show a divided committee – USD ticks up appeared first on Forex Crunch.
via Forex Crunch
CryptoCurrency News: RSK Beta Brings Ethereum-Style Smart Contracts Closer to Bitcoin
RSK, a much-anticipated project designed to boost bitcoin's functionality, took a step toward becoming real Tuesday with a beta launch.
via CoinDesk
[FOREX NEWS] Ripple price hits new high: XRPUSD touches $2.65, market cap 43% of bitcoin
The price of Ripple did not stop after conquering the second place from Ethereum. The cryptocurrency that is gaining interest from Japanese banks continues rallying with XRP/USD hitting a high of $2.65. The previous record was $2.49, in a double-top formation that did not last for too long. The cross-border payments solution for big banks [...]
The post Ripple price hits new high: XRPUSD touches $2.65, market cap 43% of bitcoin appeared first on Forex Crunch.
via Forex Crunch
CryptoCurrency News: ECB Official Calls for Tax on Bitcoin Transactions
Bitcoin should be regulated and even taxed, according to a European Central Bank (ECB) governing council member.
via CoinDesk
CryptoCurrency News: Bitcoin Miner Sued for Securities Fraud After ICO
Giga Watt, a startup that held an ICO to fund a bitcoin mining facility, is being sued for allegedly conducting an unregistered securities offering.
via CoinDesk
CryptoCurrency News: Bitcoin Cash Is Up, But Correction May Be On Cards
Despite decent gains today, bitcoin cash prices could take a hit in the short-term, technical charts suggest.
via CoinDesk
[FOREX NEWS] ISM Manufacturing PMI beats with 59.7 – EUR/USD hardly holds 1.20
The US manufacturing sector is looking good, at least according to ISM. The manufacturing purchasing managers’ index jumped to 59.7 points, reflecting robust growth in this small but important sector. It is a beat on 58.2 that was seen in November and a similar number that was on the cards now. The internal components are [...]
The post ISM Manufacturing PMI beats with 59.7 – EUR/USD hardly holds 1.20 appeared first on Forex Crunch.
via Forex Crunch
CryptoCurrency News: Korean Law Firm to Appeal New Bitcoin Trading Rules
A South Korean law firm has reportedly filed a constitutional appeal over upcoming regulations restricting digital currency trading.
via CoinDesk
CryptoCurrency News: Why Bitcoin Needs Fiat (And This Won't Change in 2018)
Cryptocurrency ecosystems are still dependent on the very financial system they vilify for daily support and stability, says Tim Swanson.
via CoinDesk
CryptoCurrency News: Bitcoin Eyes $18,000 as Tide Turns in Bulls' Favor
Bitcoin is strongly bid today amid reports of institutional buying, and has climbed 10 percent in the last 24 hours.
via CoinDesk
CryptoCurrency News: 'Wealth Effect' From Bitcoin Trading Could Boost Japan's GDP, Say Analysts
Analysts from Japanese financial holdings company Nomura have estimated that the rise bitcoin prices could boost Japan's economic growth.
via CoinDesk
CryptoCurrency News: E-Trade Financial Launches CME Bitcoin Futures Trading
E-Trade Financial Corporation opened trading in bitcoin futures from CME Group Tuesday evening.
via CoinDesk
CryptoCurrency News: Blockchain Voting Is Here for Enterprise, But Where Are the Users?
Not everyone wants a more transparent financial system, as these struggling sales pitches from global CSDs make painfully obvious.
via CoinDesk
[FOREX NEWS] GBP/USD limited at resistance after construction PMI
Markit’s second purchasing managers’ index for December wasn’t better than the first one. Manufacturing PMI fell by 2 points in the last month of 2017 and the construction PMI also missed. It fell from 53.1 to 52.2 points, short of 53 predicted. GBP/USD had already challenged the initial mid-September high of 1.3615 but it fell [...]
The post GBP/USD limited at resistance after construction PMI appeared first on Forex Crunch.
via Forex Crunch
[FOREX NEWS] Stellar coin price: XLM/USD leaps some 40%+, battles litecoin for 6th place
A new star shines in the world of cryptocurrencies: Stellar. The shiny cryptocurrency with its XLM coins now has a market cap of nearly $14 billion US dollars and has beat litecoin, NEM, IOTA, and Dash to reach the sixth place in terms of market capitalization. The battle with litecoin continues and both digital currencies [...]
The post Stellar coin price: XLM/USD leaps some 40%+, battles litecoin for 6th place appeared first on Forex Crunch.
via Forex Crunch
[FOREX NEWS] Cardanao price surges another 30% on first use case – market cap half of bitcoin cash
After Cardano coin’s market cap surpassed that of litecoin, the digital coin continues to higher and higher ground. The price of the Cardano coin is up some 30% in the past 24 hours, already worth around $0.92, getting closer to parity with the US dollar. The ADA coin’s leap sends the market capitalization to $24 [...]
The post Cardanao price surges another 30% on first use case – market cap half of bitcoin cash appeared first on Forex Crunch.
via Forex Crunch
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