Cryptocurrency News

First Pension Funds Investing in Crypto — a Sign of Things to Come?

First Pension Funds Investing in Crypto — a Sign of Things to Come?

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Positive moves are being made for investor sentiment in the cryptocurrency space despite a year-long bear market. This comes after $40 million was raised by cryptocurrency investment firm Morgan Creek Digital, which is headed up by its founder, Anthony Pompliano. The crypto-focused hedge fund is part of Morgan Creek Capital, which manages over $1 billion…
US State of Wyoming Passes Two Blockchain-Related Bills

US State of Wyoming Passes Two Blockchain-Related Bills

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Two blockchain-related bills — on tokenization and issues with compliance — have been passed in the United States state of Wyoming on Feb. 19, according to the official website of the state legislature. As Cointelegraph reported, the bill on tokenization, House Bill 185, was introduced on Jan. 16. The bill lays the groundwork for storing…
US: Crypto Advocacy Group Encourages Financial Regulators to Foster Innovation

US: Crypto Advocacy Group Encourages Financial Regulators to Foster Innovation

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United States blockchain advocacy group the Chamber of Digital Commerce has encouraged two major financial regulators to foster blockchain innovation, according to an official tweet on Feb. 19. The group has reportedly provided comments to the Commodity Futures Trading Commission (CFTC) and the Consumer Financial Protection Bureau (CFPB) in different proceedings this week. Generally, the…
Crypto – Bitcoin Edges Back Down Below $4k as SEC Countdown Begins

Crypto - Bitcoin Edges Back Down Below $4k as SEC Countdown Begins

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© Reuters. Investing.com -- Bitcoin prices inched back down on Wednesday, after breaching $4,000 for the first time in six weeks on hopes that the U.S. Securities and Exchange Commission is getting closer to approving investment vehicles that would broaden the asset's appeal. The SEC confirmed Wednesday that it has received a formal request to…
Ex-Goldman Sachs Engineers Raise $3 Million to Combat Crypto Market  Manipulation

Ex-Goldman Sachs Engineers Raise $3 Million to Combat Crypto Market Manipulation

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Solidus Labs has raised $3 million to combat crypto market manipulation, according to a press release shared with Cointelegraph on Feb. 20. Solidus Labs is a trade surveillance firm whose team includes former Goldman Sachs (NYSE:) fintech engineers. The company reports to helps both traditional and crypto-focused service providers foster compliance while trading digital assets.…
Ongoing Economic Crises in Venezuela and Beyond Show That the Idea of Bitcoin as a Store of Value Is Increasingly Catching On

Ongoing Economic Crises in Venezuela and Beyond Show That the Idea of Bitcoin as a Store of Value Is Increasingly Catching On

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Just when it seemed like the economic and political situation in Venezuela couldn't get much worse, it has. Back in December, the Venezuelan bolívar witnessed its peak annual inflation rate for 2018, with this rate coming in at a dizzying 80,000 percent, according to the calculations of Steve Hanke of John Hopkins University. However, with…
Stablecoins to Play Key Role in Crypto Adoption, Says New Report

Stablecoins to Play Key Role in Crypto Adoption, Says New Report

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Stablecoins will play a key role in mainstream adoption of crypto technologies, according to a report published by California-based stablecoin startup Reserve on Wednesday, Feb. 20. The report, entitled “The State of Stablecoins 2019: Hype vs. Reality in the Race for Stable, Global, Digital Money” is based on information collected from 40 crypto and stablecoin…
Coinbase Adds Bitcoin Cash Support to Wallet App

Coinbase Adds Bitcoin Cash Support to Wallet App

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United States-based cryptocurrency exchange and wallet service provider Coinbase has added support for (BCH) to its Coinbase Wallet, according to an announcement published on Feb. 19. The update states that users can now store Cash on Coinbase Wallet, adding: Continue Reading on CoinTelegraph Disclaimer: Fusion Media would like to remind you that the data contained…
Major Crypto Wallet Provider Blockchain.com Opens Office in Lithuania

Major Crypto Wallet Provider Blockchain.com Opens Office in Lithuania

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Major crypto wallet provider Blockchain.com has opened its fifth office location, continuing its expansion into Europe, the company announced in a blog post on Feb. 19. According to Blockchain.com, the company considered several locations in Europe, choosing Vilnius, Lithuania. The firm said it found that the country was truly committed to innovation and the perfect…
SEC Set to Begin Fresh Consultation Period on CBOE-VanEck Bitcoin ETF

SEC Set to Begin Fresh Consultation Period on CBOE-VanEck Bitcoin ETF

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United States regulator the Securities and Exchange Commission (SEC) says it will shortly commence the countdown period to approval or disapproval of the VanEck/SolidX exchange-traded fund (ETF). The news was announced in an unpublished notice that was filed on Feb. 19. The move is the latest in a series of back-and-forth exchanges between the SEC…