Cryptocurrency Analysis and News Portal
Photo: 3iQ Corp / Twitter3iQ Corp (3iQ), Canadian investment fund manager received approval from the Ontario Securities Commission (OSC) to launch a closed-end Bitcoin fund to retail investors. OSC panel has not placed any conditions on the Bitcoin fund, such as restricting the entities with whom the fund
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Everyone remembers the super hyped launch of Bakkt and the crazy alt season, price increases and the interest it was supposed to generate. None of that happened and hope for the platform has declined since launch day but don’t be fooled, Bakkt is a sleeping juggernaut waiting to explode. We’ll be launching
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A majority of investors from both rounds of financing of the blockchain-powered Telegram Open Network (TON) project have opted not to take refunds from the company.During the two rounds of financing, Telegram gathered $1.7 billion ($850 million from each round). TON was due for opening on 31st October but after
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Telegram investors have turned down the offer of a refund on their investment in the TON ICO despite an injunction by the SEC delaying the launch of the network. Telegram, which is an important part of the crypto ecosystem due to its encrypted communication abilities, has been embroiled in a dispute
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In a letter to investors, Telegram encouraged investors to view the United States Securities and Exchange Commission (SEC) hearing recently rescheduled for February as “a positive step.”Cause for optimismThe letter, sent on Oct. 19, briefly reassures investors that the recent rescheduling of hearings until Feb. 18-19 is good news
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Telegram’s grand entry into the cryptocurrency world is in limbo. After months of rumors, hype and anticipation, Telegram Open Network’s (TON) titan $1.7 billion sales round was declared illegal by the United States Securities and Exchange Commission (SEC).Just days before the Oct. 16 public token distribution, the SEC dealt
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Bitcoin was trading in negative territory on Wednesday as a broader market focus remained glued on Brexit and other critical macroeconomic events.Bitcoin price slips as speculators/investors shift focus elsewhere | Image credits: TradingView.comThe benchmark cryptocurrency slipped 0.12 percent to trade at $8,152.92, continuing its choppy actions seen after the last
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The issue of crypto taxation has attracted a monumental crowd of opinions lately in the U.S. While the government believes turning to virtual currency as a means of payment could pose a threat to the economy in terms of taxation, regulators are working hard to ensure this emerging class of
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Telegram Open Network (TON) developers responded to its investors after American regulators abruptly announced that its $1.7 billion token sale was illegal.No clear feedback from SEC for 18 monthsAccording to a TON letter to investors obtained by CryptoX, the firm has been trying to solicit feedback from the United
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Bitcoin struggled to maintain gains on Friday as investors processed the possibility of an optimistic trade deal and Brexit.The benchmark cryptocurrency was trading at $8,373.96, down 2.49 percent as of 11:03 UTC. Its downside sentiment came on the back of an unbiased Thursday, wherein its opening and closing price was
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