SEC reviews new rules for Bitcoin options trading

Bitcoin (BTC) has recorded its biggest mining difficulty drop of nearly 28% on July 3, but one model suggests that the BTC price will not bottom until October.In a series of tweets on July 2, investment manager Timothy Peterson flagged the relationship between Bitcoin price and hash rate as arguable evidence that the dip is…

The cryptocurrency market’s growing correlation with the Nasdaq 100 hinders bullish prospects as the month draws to a close.

The survey took place in the EU's major economic areas such as France, Germany, Italy, Spain, Belgium, and the Netherlands. 283 Total views 27 Total shares On Tuesday, the European Central Bank, or ECB, published the results of a new survey conducted in six eurozone areas; the Netherlands, Spain, Italy, Belgium, France, and Germany. Together,…

The SEC notice seemed to be an industry first after the commission approved the listing and trading of spot Bitcoin exchange-traded funds on US exchanges in January.

The major flaw in Facebook’s planned cryptocurrency, Libra, is that it’s a closed system — akin to a “walled garden.”That’s the argument made by Marcus Treacher, Ripple’s senior vice president of customer success, in a CNBC interview published on Sept. 27.“Walled garden” strategies and the antitrust pushbackThe “walled garden” metaphor has notably been used in…

United States-based bitcoin (BTC)-supporting payments service Square Crypto announced that it recruited former Google product director Steve Lee in a tweet published on June 12.Square Crypto was announced in March of this year when the organization joined Twitter, and planned to hire crypto engineers and designers to work on the bitcoin and crypto ecosystem, paying…

Two dozen security tokens drove $9.15 million in trade during September. 1746 Total views 15 Total shares Following four months of spectacular growth, security token trade volumes have crashed by nearly 60%.From May through August, monthly volume gains for the sector ranged between 113% and 280%, posting record highs that increased from $998,000, to nearly…

The Federal Financial Supervisory Authority (BaFin), Germany's financial regulator, has issued a public warning about cryptocurrency exchange CoinBene on May 28.The watchdog says that CoinBene has been recruiting freelance crypto traders who get paid on commission. BaFin states that since crypto assets are financial instruments, trading them requires authorization under Germany’s Banking Act, or Kreditwesengesetz…

The United States Federal Reserve needs its own digital currency to protect against a possible overnight proliferation of stablecoin technology, says Fed chairman Jerome Powell. 2540 Total views 14 Total shares Cryptocurrency stablecoins could become systemically important overnight, says United States Federal Reserve Chairman Jerome Powell, and that’s why the Fed is determined to get…