Fed’s ‘sugar high’ may propel Bitcoin surge: Arthur Hayes

Cypherpunks co-founder Timothy C. May has reportedly died of natural causes, a Facebook eulogy posted by cypherpunk Lucky Green stated Dec. 15.In his social media post, Green informed:“Word has reached me that my dear friend, co-conspirator in many things and for many years, fellow Freedom Fighter Tim May passed away earlier this week at his…

The SEC lawsuit alleges that Coinbase operated as an unregistered broker and several tokens offered on its platform qualify as security. 921 Total views 5 Total shares The United States Securities and Exchange Commission has filed a lawsuit against New York-based crypto exchange Coinbase for offering unregistered securities.The SEC lawsuit alleged that Coinbase has never registered…

Bitcoin (BTC) spiked to $17,000 at the Nov. 15 Wall Street open as fresh United States economic data continued to show inflation cooling.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“Good” PPI boosts risk assetsData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it came closer to multi-day highs.Volatility had returned an hour before the open…

The United Arab Emirates (UAE) and Saudi Arabia have announced an agreement to cooperate on the creation of a cryptocurrency, UAE official news agency Emirate News Agency reports on Jan. 19.According to the report, the Executive Committee of the Saudi-Emirati Coordination Council has held a meeting in UAE capital Abu Dhabi, with 16 members in…

Finney, the world’s purportedly first blockchain-enabled smartphone, will soon be available for purchase in Bangladesh.According to a report by local newspaper The Daily Star on Sept. 9, the Bangladesh Telecommunication Regulatory Commission approved the phone for import in August and it will be available on the Bangladeshi market in October.Mobile Phones in BangladeshFinney’s launch in…

Bitcoin (BTC) dropped to a four-month low of $76,700 on March 11, following a 6% weekly decline in the S&P 500 index. The stock market correction pushed the index to its lowest level in six months as investors priced in higher odds of a global economic downturn. Despite Bitcoin's 30% drop from its all-time high

Ethereum (ETH) options open interest increased by 5 fold over the past three months to reach $337 million. Although this figure pales in comparison to the current $1.8 billion Bitcoin (BTC) options market, Ether options have grown to reach the same size the BTC options market was roughly 15 months ago.ETH options open interest in USD…

The South Korean government plans to tax capital gains on cryptocurrency transactions. A Dec. 9 report from The Korea Times reveals that a revised bill to introduce the measure will be drawn up by the country’s Ministry of Economy and Finance by the first half of 2020.In parallel, the Korean National Assembly is in the…

The previous all-time high in daily transactions was recorded in 2018. Daily transactions on the Ethereum blockchain have just recorded a new all-time high amid the general surge of congestion on the network.On Sept. 17, the amount of daily transactions on the Ethereum network amounted to 1,406,000, according to data from major Ethereum browser Etherscan.…