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Abu Dhabi Global Market Launches Crypto Regulatory Framework

The financial authority of Abu Dhabi Global Market has launched a regulatory framework for cryptocurrency activities following the completion of a public consultation. The market’s financial watchdog has also published a guideline explaining how crypto asset activities are now regulated. Also read:¬†Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Regulatory Framework Launched Abu Dhabi […]

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3 Reasons Bitcoin is Singing the Blues

The price of Bitcoin has been resting at around $6,000 recently ‚ÄĒ a disappointing 2018 low point. With so much talk and news coming out about cryptocurrency, many dejected investors are wondering ‘What is holding Bitcoin back?’ ‘Chain Gang Blues’ Bitcoin has had many great upgrades recently, especially with the addition of the Lightning Network […]

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South Africa‚Äôs Central Bank Sees Ethereum Blockchain Only as ‚ÄėBackup‚Äô

The South African Reserve Bank (SARB), South Africa‚Äôs Central Bank, has concluded a multi-bank project to test bank-to-bank payment transfers using the Ethereum based platform, Quorum. Project Khokha is a collaboration of eight South African banks including SARB, Absa, Capitec, Discovery, Investec, FirstRand, Nedbank, and Standard Bank. 70,000 Transactions in Two Hours The project used […]

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Abnormal Tether Price Moves on Kraken Leave Analysts Puzzled

Massive trade orders on Kraken fail to sway the price of Tether any further than modest ones, leaving researchers and analysts puzzled. Unlikely Coincidences ‚ÄúUSD-backed‚ÄĚ Tether (USDT) is making headlines yet again for the dubious activity surrounding the token. A report from Bloomberg today details evidence that Tether markets on the US-based Kraken exchange are […]

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Bubbletone Collects $8.6 Million via ICO and Successfully Tests Proprietary Roaming-Free SIM Card

The blockchain-based global telecom platform Bubbletone¬†has successfully completed its ICO, collecting $8.6 million. All Universal Mobile Tokens (UMT) will be issued to crowdsale participants by 10 July. Soon the company plans the market launch of an original roaming-free Bubbletone SIM card that developers are already actively testing in the US and Europe.¬†In addition, a Bubbletone […]

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Allianz: Bitcoin is a Buy Below $5000

Allianz’s chief economic advisor, Mohamed El-Erian, has called bitcoin a buying opportunity ‚ÄĒ if the market leader falls below $5000. Not everyone agrees, however, and the non-believers have come out in force.¬† ‘You Might as Well go to Vegas’ Bitcoin was trading at roughly $5,870 when El-Erian told CNBC‘s “Squawk Box” that any price below […]

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