Cryptocurrency Analysis and News Portal
In a July 7 interview with predecessor Jim Newsome, current Chairman of the Commodity Futures Trading Commission (CFTC) Heath Tarbert ran down a list of pending concerns standing between cryptocurrencies and the long-awaited promised land of regulatory clarity.Securities regulation and the CFTC’s purviewTarbert was careful to outline the distinction between
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Institutional interest in digital assets has been growing. The Chicago Mercantile Exchange’s volume of Bitcoin (BTC) options hit a high of $40 million on May 13, 2020. The world’s largest digital currency asset manager, Grayscale, posted record-breaking capital inflow to its GBTC fund in Q1 2020, and Fidelity’s cryptocurrency services
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Recent findings from analytics company Digital Assets Data show miners hanging on to their Bitcoin (BTC). "Rolling MRI (Miner's Rolling Inventory) has declined significantly since the halving, meaning that miners are holding onto more BTC than they are mining, despite the (presumed) increased costs of the added hash power to the
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Simon Dedic has beef with crypto rankings. The co-founder of crypto research house Blockfyre specifically suggests that five of the top ten cryptocurrencies by market cap don’t deserve their high-profile spot.In an inflammatory June 21 tweet, Dedic called out XRP, Bitcoin Cash, Bitcoin Satoshi’s Vision, Litecoin and EOS and said
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The Internal Revenue Service (IRS) has won a case in which it demanded that a Maryland couple liquidate their bitcoin to pay-off a $1.1 million tax debt.Alexander and Laura Strashny proposed to the IRS to pay their 2017 tax liability, generated from non-crypto activities, in installments over a six-year
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The largest cryptocurrency exchange in the United States is considering offering support for a variety of new digital assets.According to a June 10 blog post from Coinbase, the exchange is exploring support for Aave, Aragon, Arweave, Bancor, COMP, DigiByte, Horizen, Livepeer, NuCypher, Numeraire, KEEP Network, Origin Protocol, Ren, Render Network,
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Kingdom Trust, a South Dakota-based custodian managing more than $13 billion assets, is closely eying the tokenization sector.Speaking to Cryptox, Kingdom Trust chief executive, Ryan Radloff, revealed that the firm wants to tokenize the more than 20,000 alternative, crypto, and legacy assets that it currently offers custody services for. He
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Minecraft, one of the world’s most popular video games, has a new plugin enabling players to place blockchain assets directly into their servers. Built by gaming startup Enjin, EnjinCraft is an open-source blockchain plugin that enables players to spawn assets in the Minecraft Java Edition without the need to write any
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Crypto sleuthing firm Elliptic has expanded its scope to cover some 97% of digital assets by trading volume – the broadest range of any crime-fighting blockchain analytics service, the company said.Announced Wednesday, Elliptic Navigator adds 87 new crypto assets to the firm’s existing purview.That said, touting just the number of
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Close to 17,000 creditors of the now-shuttered Canadian crypto exchange QuadrigaCX have filed to reclaim their lost assets.Details of the claims were revealed in an interim status report published on May 12 by Ernst & Young (EY), the trustee for QuadrigaCX’s ongoing bankruptcy proceedings.Details of submitted claims so farThe report
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