It wouldn’t take long to get familiar with the so-called “pump and dump” scheme in the crypto space in China –– that is, to pump up the price of crypto tokens in order to attract retail investors and after they ramped up the price, to sell the tokens and leave. In most cases, such crypto projects or the investors behind …
Coinzilla Banner 728×90 Crunchify.com social sharing. Get your copy here: http://crunchify.me/1VIxAsz From yesterday when the market capitalization hit $140,876,000,00 which is the years low so far, the evaluation stabilized and has recovered since. Market Cap: $149,526,895,826 24h Vol: $21,273,834,946 BTC Dominance: 53.3% Looking at the global chart you can see that the evaluation has formed a ranging channel in which …
Lou Kerner, a partner at venture capital firm CryptoOracle, compared the current slump in crypto prices to the dot-com burst in the early 2000s in an interview with CNBC Nov. 21. On CNBC’s “Worldwide Exchange” show, Kern stated that strong coins should be viewed like the big companies that came out of the dot-com bubble, using the example of e-commerce …
The U.S. Securities and Exchange Commission (SEC) has been gone to significant lengths in an attempt to understand the crypto asset space. This effort is to be applauded. However, the SEC has failed to come to terms with one fundamental aspect of crypto assets and systems. Namely, properly constructed crypto systems do not involve “persons” or “entities” and do not …
The University of Tokyo will launch a blockchain course following a donation of nearly $800,000 from several companies, including Japanese banking giant Sumitomo Mitsui (SMBC) and the Ethereum Foundation, Cointelegraph Japan reports Nov. 21. In a Nov. 20 press release, SMBC lists five more contributors, apart from itself and the Ethereum Foundation, who contributed to the donation: Good Luck 3, …
Spencer Bogart, a partner at the venture capital firm Blockchain Capital, believes that crypto opportunities are “still gigantic” despite the current bear market, the expert claimed in an interview with Bloomberg on Monday, Nov. 19. The expert at the crypto and blockchain-focused venture capital startup has maintained his pro-Bitcoin (BTC) stance, pointing out the critical role of “programmable money,” which …
The Indian government is actively preparing a draft bill on crypto regulation, which is expected to see light this December, according to documents obtained by digital news website Quartz India Tuesday, Nov. 20. The government has filed a counter-affidavit yesterday, Nov. 19 in the Supreme Court of India, which is currently hearing a case filed by several crypto exchanges against …
Despite the present market crash, major Wall Street crypto bull Tom Lee has reiterated his recently reduced year-end price prediction for Bitcoin (BTC) at $15,000 in an interview with CNBC’s Squawk Box on Tuesday, Nov. 20. In the recent statement, the head of research at Fundstrat Global Advisors pointed out two major types of crypto players — those who are …
Big news came from Binance this week, as their venture wing announced a significant investment in US over-the-counter (OTC) crypto trading desk Koi Trading. Binance and Koi Trading In a press release yesterday, Binance Labs revealed that it had made a $3 million investment into Koi Trading, a small sum for the world’s largest cryptocurrency exchange, but a notable one nonetheless. Koi Trading is …
An online platform created in Russia has set a noble goal of making the cryptocurrency industry safer for investors. The project investigates initial coin offerings (ICOs) that have raised suspicions and performs the due diligence for free. A report about each ICO is then published containing а summary of the findings and a conclusion about the project’s nature. Coin Offerings …
