Tether role in Bitcoin price manipulation investigated by US officials

The US Department of Justice started a criminal investigation in May 2018, looking into a potential involvement of traders in manipulating Bitcoin's price when it reached the all-time highs in December 2017. Attorneys now have a new suspicion that Tether and crypto exchange Bitfinex which have the same management team...

New study predicts Bitcoin price could reach $98,000

The forecast for Bitcoin's future looks brighter thanks to a new study performed by Satis Group, an Initial Coin Offering advisory firm. According to Sherwin Dowlat and Michael Hodapp, the authors of the report, it seems the BTC price might go as high as $98,000 in the next five...

IRS is coming after your Bitcoin transactions

In 2 months, US residents must submit their annual federal tax returns and that includes every penny made from Bitcoin or any altcoin transactions. The IRS already has an estimated 14,000 records of people who transacted cryptocurrency on the popular exchange Coinbase from 2013 to 2015 and it intends...

Basic Attention Token (BAT) experiences massive price surge after Coinbase Pro listing

After much speculation, crypto exchange Coinbase Pro listed the Basic Attention Token (BAT) on November 2. BAT is a utility token backed by the Brave browser and marketplace. Right now, BAT is the sixth token in the world based on market cap based on data from coinmarketcap.com.  The token was...

Circle Invest app rolls out “Collections” for easier crypto investment

Circle Invest, the crypto investing app officially announced yesterday, Oct. 4, they rolled out three more collections of cryptocurrency assets. The app's successful 'Buy the market' feature had all listed assets grouped in a single place so people can purchase them with a single tap. The update brings three more...

Google tightens Chrome extension rules to protect users against cryptojacking and hacks

Chrome extension developers will need to follow stricter rules as Google is taking the necessary steps to protect users against mining malware and crypto hacks. The Mountainview-based tech giant published a blog post on Monday, explaining their plan to change how Chrome handles extensions requesting extensive permissions. They're also bringing...

Swedish authority FINMA issues country’s first crypto asset management license

FINMA, the Swiss Financial Market Supervisory Authority has issued the first cryptocurrency asset management license in the country to a crypto investment fund, according to media outlet Swissinfo. The licensee is Crypto Fund, a subsidiary of Crypto Finance AG, founded last year. Until now, the fund was only able to...

DEx.top goes mobile with TrustWallet and imToken integration

The decentralized exchange DEx.top has officially announced integration with TrustWallet and imToken's dApp browsers as their first step into the mobile market. Numerous users are relying on imToken and TrustWallet thanks to their secure options for storing digital assets. Binance has recently acquired TrustWallet and imToken has more than 6 million...

SEC rejects 7 Bitcoin ETF proposals in a single day

The long wait of seeing the first Bitcoin ETF approved seems will only get longer. Yesterday, the SEC denied seven Bitcoin ETF proposals from ProShares and Direxion. At the beginning of the month, the organization delayed the SolidX/VanEck ETF proposal until September 30. This particular ETF is thought to have...

Monero fees drop by 97% after ‘Bulletproofs’ upgrade

Last Thursday Monero's blockchain went through the system-wide upgrade known as "Beryllium Bullet". The update to v.0.13.00 slightly altered the consensus mechanism of the blockchain to ensure the network's ASIC resistance following the sudden appearance of CryptoNight ASICs that nearly eliminated GPU-focused Monero miners while also causing concerns for a...

Japanese Internet group GMO announces new Yen-backed stablecoin

GMO, a large Japanese internet group announced yesterday their plans to launch a new Yen-backed stable coin. The new coin will be launched in 2019 and will be known as the GMO Japanese Yen (GJY). The Japanese internet giant has already invested in crypto exchange businesses and mining hardware. According...

Harvard, Stanford, and MIT are all crypto investors

As the adoption of cryptocurrency is growing stronger, more universities are investing in crypto assets. The Information, an educational publication reports that Harvard, Stanford, MIT, Dartmouth College, and the University of North Carolina have invested in at least one cryptocurrency fund. Sources familiar to the matter claim the five educational...

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