SEC opposes Richard Heart’s bid to dismiss $1B securities lawsuit

The Italian government has published its list of 30 blockchain high-level experts to further its integration of the technology at state level, Cointelegraph Italy reported Dec. 27.The result of a four-month hiring and consultation process, the group will work for free advising authorities how to create a “national strategy on distributed register and blockchain technologies.”The…

On June 1, Finnish peer-to-peer (p2p) bitcoin (BTC) trading platform LocalBitcoins quietly removed in-person cash trading from its service. Three days later, the company publicly confirmed the ban on Twitter. As per the accompanying statement, LocalBitcoins had to renounce local cash trading to “adapt to the current regulatory environment.”The removal of the option has angered…

Sunday, Aug. 18 — Crypto markets are seeing a strong surge of green, with altcoins posting the strongest gains and Bitcoin (BTC) circling the $10,400 mark.Market visualization. Source: Coin360After yesterday’s correction, BTC is today up nearly 2%, bringing it to $10,393 by press time. While still roughly $1,000 short of its price point at the start…

The Polyient Games Founders Key, or PGFK, token sale begins Sep. 15, with a strictly limited 12,000 of the tokens up for grabs. This follows an August pre-sale during which the company sold an initial 500 tokens.Each PGFK will be a non-fungible token, or NFT, with a twist. Using a smart contract called the “Particle…

This week the crypto market endured a sharp drop in valuation after Coinbase, the leading U.S. exchange, reported a $430 million quarterly net loss and South Korea announced plans to introduce a 20% tax on crypto gains.During its worst moment, the total market crypto market cap faced a 39% drop from $1.81 trillion to $1.10 trillion…

As many as 99% of all cryptocurrencies will likely go to zero, according to a new prediction by Ripple CEO Brad Garlinghouse.There are too many crypto projects, says Garlinghouse In an interview with Bloomberg released Nov. 5, Garlinghouse claimed that there are too many cryptocurrencies so far, forecasting that only 1% of all crypto is here…

Bitcoin daily price chart. Source: Coin360Bitcoin (BTC) bulls appear to have found a second wind which allowed them to push the price above $9,000 to daily high at $9,150.  As discussed in an earlier analysis, bulls had been fighting to hold the price above $8,800 throughout the day and multiple attempts at knocking out the…

Bitcoin (BTC) has long been touted as digital gold by crypto enthusiasts. Now as the digital asset faces its first economic crisis since its birth, Bitcoin has validated the narrative and outperformed gold by a large margin in 2020. This suggests two important things, Bitcoin is here to stay and it is a better bet…