Data from CoinMarketCap showed that Bitcoin’s share of the whole cryptocurrency market hit an 11-week high last week. At current values, bitcoin has a total market capitalization of $61.7 billion.
Jay Clayton said that ICOs should willingly follow securities laws which ensure higher protection of customers’ funds while eliminating fraud and manipulation.
Bitcoin recovered yesterday after a 30% decline over the course of the last week. It had seen substantial growth in value in 2017 but suffered a 14-month decline after repeated cases wherein large exchanges were hacked.
Ethereum price is fluctuating above the $79 price level, price breakout is imminent. In case the bullish candle penetrates the supply level of $103 and close above it, $157 price level may be its target.
A member of the British Parliament has voiced an idea to allow UK residents to pay their local taxes and utility bills using Bitcoin.
Civic, district0x, Loom Network, and Decentraland are already available to trade on Coinbase Pro.
With a view to make the crypto space more user-friendly, CoinSwitch helps to convert 400+ currencies across 45,000 pairings within one service.
WCX, a trading platform which lets people access the global financial markets using just Bitcoin, allows its users go long or short on more than 100 markets, with all profits and losses paid out in Bitcoin.
MinexPay has announced public testing of their web wallet for Minexpay Crypto Cards, aiming to provide a seamless service for any customer, wherever he or she is.
China has banned all Security Token Offerings and all activities linked to them. The government wants to regulate the new tokens before legalizing them to eliminate cases of fraud.
IBM joins hands with a state-owned Abu Dhabi Oil Giant, ADNOC. They aspire to implement blockchain for value chain management to boost operational efficiency while cutting on costs.
A breakout below the support level of $3,094 will further decline in Bitcoin price towards $2,261 – $1,500 price level. Traders can remain flat as long the consolidation continues.
On December 10, South Korea’s National Assembly along with several members of the Congress will have the first official debate in this country about crypto involving high profile government officials.
Ethereum’s rise over the last three years has been extraordinary. A whole new industry of software developers, innovators, and entrepreneurs are building products on Ethereum.
The service is expected to enable speedy and seamless transactions, reduce delays and costs, and increase efficiencies in the payments process.