Cryptocurrency Analysis and News Portal
A New York investment firm wants to buy claims from former QuadrigaCX users – provided there's enough interest from creditors entitled to assets held by the infamous exchange.Argo Partners is opening a dialogue with creditors of QuadrigaCX, which collapsed nearly a year ago following the death of its founder and
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For the first time in nearly 40 years, the U.S. Securities and Exchange Commission is lowering the barriers to investing in private securities. How much lower is unclear, however.Three of the five SEC commissioners voted to publish a proposal for updating the definition of “accredited investors,” a category of individuals
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Cryptocurrency investment is among the top five investor threats for 2020, according to the North American Securities Administrators Association (NASAA).The NASAA, the oldest international investor protection organization, has officially announced the top five products or schemes likely to defraud investors in the coming year. In order to provide the
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The United States Securities Exchange Commission (SEC) has announced that it is looking for ways to expand the classification of “accredited investor,” with potentially major implications for capital formation of firms hesitant to meet full public reporting requirements.The amendments and who gets to be accreditedPer a Dec. 18 announcement
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The U.S. Securities and Exchange Commission (SEC) wants to allow more individuals and entities to invest in regulated financial instruments.According to a press release issued Wednesday, the SEC intends to add a list of new qualifications to become an accredited investor. At present, accredited investors are defined as individuals with
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While the cryptocurrency is losing ground, the number of bullish bets, as represented by the BTC/USD long positions on Bitfinex, have jumped to a record high of 44,523 contracts, surpassing the previous high of 40,193 reached in March 2018. Meanwhile, short positions have remained stuck largely in the 5,000–8,000
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The bitcoin price has fallen by 50 percent since July from $13,900 to sub-$6,900. The steep drop caused mining to be less profitable, causing small miners to sell-off.Bad idea to long dropping bitcoin hashrateDuring miner capitulation, small miners and mining centers tend to sell-off their holdings to cope with declining
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Telegram told investors it was using BNY Mellon and Credit Suisse, to move and store fiat raised in last year’s token sale, court filings indicate. Source
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The anti-crypto United States Congressman Brad Sherman (D-CA) has been elected to serve as Chairman of the Subcommittee on Investor Protection, Entrepreneurship and Capital Markets.On Dec. 5, Chairwoman of the House Financial Services Committee Maxine Waters (D-CA) announced that Sherman was elected to take up the position of Chair
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U.S. asset manager WisdomTree launched its first investment product related to Bitcoin, an exchange-traded product (ETP) which will guarantee large investors exposure to BTC without the need to directly hold the asset. The news was published by WisdomTree on December 3. WisdomTree Embraces Bitcoin WisdomTree, one of the industry’s largest ETF provider
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