The latest Bloomberg crypto newsletter contends that the election of Joe Biden as president of the United States would bring greater mainstream adoption of Bitcoin (BTC), including a potential exchange-traded fund approval. Further, it referred to the policies of President Donald Trump's administration with regard to crypto as...
Institutional investors have replaced high net-worth individuals as the biggest buyers of cryptocurrency transactions worth over $100,000, Bloomberg reported October 1.According to Bloomberg, traditional investors and buyers such as hedge funds have become more involved into the $220 billion cryptocurrency market through private transactions. Bloomberg also notes that...
Over the past week, altcoin Ripple’s (XRP) price has gone through the roof. It has seen an unprecedented 140 percent growth over the past seven days, up almost 63 percent in the past 24 hours alone, trading at around $0.61 at press time.XRP has gone as far as...
Cryptocurrency exchange Coinbase has announced a new process that will allow it to list more digital assets faster, according to a statement published September 25.Per the announcement, the new process refers only to digital assets that are compliant with local law, which means that certain assets listed on...
The U.S. House of Representatives passed a bill on September 26 that would establish a crypto task force to combat terrorist use of cryptocurrencies, public records indicate.House Resolution (H.R.) 5036, which represents an amended version of the bill proposed by Rep. Ted Budd (R-NC) to the Committee on...
French stock market regulator, the Autorite des Marches Financiers (AMF), announced it is blacklisting 21 new investment websites, including multiple crypto-related sites, September 26.The AMF characterizes the new additions as “unauthorized websites” that offer “atypical investments,” and directs users to its existing blacklist, which it notes is “not...
U.S. Rep. Tom Emmer (R-MN) is planning to introduce three bills to support blockchain technology and cryptocurrencies, according to a press release published September 21.The three upcoming bills are entitled the “Resolution Supporting Digital Currencies and Blockchain Technology,” the “Blockchain Regulatory Certainty Act,” and the “Safe Harbor for...
A draft bill on crypto regulation presented to Colombia’s Congress has been heavily criticized by the local tech sector, Colombian financial journal Dinero reports Tuesday, September 24.The draft was introduced in late July by senator Carlos Abraham Jimenez from Cambio Radical, the second largest party in the lower...
Software giant Microsoft has requested European Union (E.U.) approval of its $7.5 billion acquisition of web-based hosting service GitHub, Reuters reported September 17. According to Reuters, Microsoft filed the request last Friday, and the decision will be made by October 19.GitHub is an open-source coding website, a repository...
Sunday, September 23: crypto markets are seeing another wave of green. All but one of the top 20 cryptocurrencies by market cap have made gains over the past 24 hours, according to CoinMarketCap.Market visualization from Coin360After suffering a slight decline yesterday, Bitcoin (BTC) rebounded today, trading above $6,700...