According to a real currency strategist, bitcoin buyers are to be beware that the crypto carnage could continue. Bitcoin saw one of its most dramatic recent price swings yet on Friday, plunging as low as $10,400 per coin and prompting Coinbase to briefly disable trading. While this price action may encourage some to pile in … Read more
Doing a 180 – Goldman Sachs Goes Crypto: The Year of Bitcoin continues to get more interesting, as reports surfaced today that legacy bank Goldman Sachs will open a cryptocurrency trading desk by mid 2018. It’s a momentous occasion for many reasons, but not least of which is the influence the bank carries in terms … Read more
From China to Singapore, Asian countries are increasingly uneasy with the rise of bitcoin: Regulators in Asia Pacific have become increasingly uneasy with the rise of cryptocurrencies such as bitcoin. The latest to sound a warning was the Bank of Japan Governor Haruhiko Kuroda, who called the surge in bitcoin prices “abnormal” at a media … Read more
Bitcoin, Ethereum and other major cryptocurrencies slip while Ripple briefly surges to third place: Alternative digital currency Ripple made some significant gains Friday, despite the wider market for cryptocurrencies seeing a sharp pullback. Also known as XRP, it soared to $1.24 at 1:14 a.m. ET, and was up 25 percent over a period of 24 … Read more
Bitcoin falls by more than $3,000, dropping through $13,000 mark: Bitcoin and several other major cryptocurrencies plunged Thursday evening New York time as the end of an exponential year of growth neared. The slashing decline triggered temporary, built-in trading halts in the bitcoin futures traded on the CME and Cboe. Bitcoin plunged more than 20 … Read more
How Regulators Become Blockchain Innovators: Monetary and macro-prudential policies have traditionally been the main occupancy of central banks and financial regulators. But the recent surge in financial technologies, cryptocurrencies and digital transformation is gradually shaping strategic thinking and tinkering on regulatory innovation. While regulatory reactions have been ambivalent, ambiguous and oftentimes antagonistic, it would be … Read more