Cryptocurrency Analysis and News Portal
Bitcoin’s (BTC) upcoming 2020 halving event has already posted numerous anticipatory headlines as the market waits to see how crypto’s flagship asset will react regarding its price. Additionally, speculators have filled Twitter, commenting that Bitcoin should see a jump in price, as has statedly been the case in the
Read More
The United States Commodity Futures Trading Commission (CFTC) gives its fintech research unit LabCFTC status as an independent operating office.Blockchain and digital assets are an important part of developmentEstablished by the CFTC in 2017 with the goal of engaging with the fintech community, LabCFTC will now be reporting directly
Read More
CryptoX’s official Facebook page, boasting more than 730,000 followers, has been banned by the social media giant, while the cause remains unclear.On Sept. 18, our page was removed from the platform’s search results. Consequently, CryptoX has been unable to publish anything on the account for over a month now,
Read More
The web has arguably been the biggest driver of economic and technological innovation in the 30 years since its invention. It has not only lowered barriers to publishing information and accessing that information, it has also changed peer-to-peer communication, in all senses of the term, across the globe. It
Read More
AnalysisWhen looking at the chart below, we can see that Litecoin (LTC)trade is currently trading at $50.07. The cryptocurrency price has broken out of the channel and broken the support of $52 and found a new support at $48 with resistance at $ $50.5.Litecoin’s price is trading around its support
Read More
Sylvia Garcia, a Democrat lawmaker from Texas, has recently introduced to Congress a draft bill that seeks to create more regulatory clarity on stablecoins.The draft bill was introduced to the House of Financial Services. Under the purview of the Securities Act of 1933, the House will be empowered to regulate
Read More
Bakkt announced on Oct. 24 that it will be launching the first regulated options contract for Bitcoin (BTC) futures on Dec. 9.Bakkt options contract is certified with CFTCAccording to the Bitcoin futures exchange, the key features of the Bakkt Bitcoin Options contract include capital efficiency, cash or physical settlement,
Read More
“I’m not sure that we learned too much more new, except now that they’re calling the association an independent association,” Rep. Sylvia Garcia laments.Could this be the end of the road for Facebook’s digital coin, Libra, or perhaps is it just the beginning? Similarly to congress members yesterday, we are
Read More
It’s no secret that starting and successfully launching a blockchain project is hard. When it comes to an ever-evolving and complex technology, getting a project off the ground takes more than just a great idea — it requires a dedicated team with the vision, expertise and resources to succeed.In
Read More
US Congressman Patrick McHenry is introducing (again) the Financial Services Innovation Act (2019), which first saw light in 2016. If passed, this would require the federal regulators to create Financial Services Innovation Offices (FSIOs) within their agencies. These will act as spots for permanent beta testing in which entrepreneurs can
Read More