As Bitcoin rallied to a multi-month high at $8,859, altcoins vigorously shook off their current malaise by posting double-digit gains, most notably, Bitcoin SV. On Tuesday Bitcoin price (BTC) pushed through $8,600 and rallied all the way to $8,859 before taking what appears to be a breather near $8,750.  As reported earlier by Cointelegraph, crypto analyst Tone Vays predicted that if Bitcoin price gained above $8,600, $8,800 would serve as the next level of stiff resistance. At the time of writing Bitcoin is up 7.74% for the […]

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A different view of cryptocurrencies post-crisis? ‘‘It was quite profound to see Bitcoin acting as a clear safe haven.â€� For one week, the Iran–United States military crisis gripped the crypto community. It began on Jan. 3 with a U.S. drone strike on a convoy traveling near Baghdad International Airport, killing Iranian major general Qasem Soleimani of the Islamic Revolutionary Guard Corps. The price of Bitcoin (BTC) soared. As reported by Cointelegraph at the time, there is strong evidence to suggest that BTC’s price surge from $7,000 to […]

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Managing director Tim McCourt says CME’s Bitcoin’s options launch was a success, hitting multiple targets on day one. The Chicago Mercantile Exchange (CME) is happy with the results of its Bitcoin options trading product launch on Jan. 13, according to CME Group’s managing director and global head of equity index alternative investment products Tim McCourt.  First days of new options offering a success “We’re very pleased with how day one went,” McCourt told Cointelegraph in a Jan. 14 interview. “We’ve had positive feedback from customers on day […]

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U.S.-based exchange Kraken has acquired Australia’s oldest crypto exchange, Bit Trade. U.S.-based crypto exchange Kraken has acquired Australia’s oldest crypto exchange.  In a recent development, Kraken announced its acquisition of Bit Trade, an Australia-based crypto exchange formed in 2013, in a Jan. 14 press release on Kraken’s blog.  The Bit Trades website will, for the time being, still operate as it does presently, a representative from Kraken clarified to Cointelegraph. Looking toward the outback By bringing Bit Trade into the fold, Kraken will look to become the […]

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On January 9th, digital asset marketplace Binance.US unveiled a mobile app for iOS and Android users. On January 9th, digital asset marketplace Binance.US unveiled a mobile app for iOS and Android users. Early user response? After successful beta testing on both iOS and Android versions in December, users can now trade over 25 digital currencies in real-time. “Binancians” can track and analyze market movements, as well as trade within ACH limits up to $30k, make wire transfers, and make debit card payments. Existing customers in 37 eligible […]

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Bitcoin and Ether are commodities, while the status of XRP is still unclear, CFTC Chairman Heath Tarbert believes. Bitcoin (BTC) and Ether (ETH) are commodities, while the status of XRP is still unclear, the chairman of the Commodity Futures Trading Commission (CFTC) said. CFTC Chairman Heath Tarbert has reiterated the regulator’s stance on both Bitcoin and Ether in an interview with online news outlet Cheddar on Jan. 13. Tarbert said: “So right now, Bitcoin and Ether are the two that we think fall under our jurisdiction.” In […]

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Blockvest’s founder Reginald Ringgold is alleged to have forged signatures and encouraged false declarations in key lawsuit evidence, the SEC argues. The United States Securities and Exchange Commission have argued in a Jan. 10 filing that Blockvest founder Reginald Buddy Ringgold III falsified and, in one case, forged signatures in documents critical to the case. The commission had previously charged Blockvest with falsely declaring that its initial coin offering (ICO) was registered with the regulator. A pre-ICO? In Oct. 2018, the SEC halted Blockvest’s ICO in an […]

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Legal counsel for one of several active class-action lawsuits against iFinex for allegedly manipulating BTC’s price has filed to lead the entire class and proceedings. One legal team looks to lead the three ongoing suits against IFinex alleging that illegal conduct involving iFinex’s subsidiaries Tether and Bitfinex was behind Bitcoin’s (BTC) 2017 bull run. Per a Jan. 13 filing with the court of the Southern District of New York (SDNY), the counsel for Eric Young, Adam Kurtz and David Crystal are asking to be deemed “Interim Lead […]

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The Texas State Securities Board has included cryptocurrencies in its list of top threats to investors, according to the latest Texas Investor Guide. Texas regulators have included cryptocurrencies in their list of top threats to investors, according to the latest Texas Investor Guide. In its tenth anniversary edition of the State Securities Board’s “Texas Investor Guide: Strategies for Investing Wisely and Avoiding Financial Fraud,” the regulator added cryptocurrency to the list of investments that raise red flags and require careful scrutiny. The document specifically outlined that cryptocurrencies […]

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