According to an email sent to multiple users of the exchange and shared with CoinDesk, Valerie Gauthier, a victim specialist with the FBI, has been reaching out to former users of the exchange to alert them of a new portal containing information about the case, confirming that the investigation continues. “A criminal investigation can be a lengthy undertaking, and, for several reasons, we cannot tell you about its progress at its time,” Gauthier wrote. Victims can contact the FBI at quadrigavictims@fbi.gov, though “inquiries about the status of the case will…
Day: January 14, 2020
Binance.US Launches New App on iOS and Android
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 states can seamlessly access their accounts. New users get a $15 signup bonus and 30 days of free trading.…
Bitcoin Price Going Up as Markets Rebound From Holiday Slump
Bitcoin Price Going Up as Markets Rebound From Holiday Slump January 14, 2020 by Ramiro Burgos The bitcoin price is showing some strength after a weak holiday season. Although for the first time in a few years the bottom was higher than previous years. Now we’re heading into the new year we’re seeing the markets rise into the $8,000 to $12k range as predicted. Let’s look at the data. Also Read: Meager Christmas Gifts for Bitcoin Price in 2019 – How About the New Year Bitcoin Price Technical Analysis Long-Term…
Mati Greenspan on the Technical and Macro Roots of Bitcoin’s Price Surge
Bitcoin is up more than 8 percent in the last 24 hours. BSV, meanwhile, is up nearly a whopping 100 percent. The question is, of course, why? Is it some larger macro context? A pump-and-dump? Or just the crypto markets being as crazy as they are. The Breakdown invited guest Mati Greenspan, former eToro analyst and now founder of Quantum Economics, to give his take. We also look at two stories around the growing crypto derivatives markets: the launch of the CME’s options on bitcoin futures and CFTC Chair Heath…
Mati Greenspan on the Technical and Macro Roots of Bitcoin’s Price Surge
Bitcoin is up more than 8 percent in the last 24 hours. BSV, meanwhile, is up nearly a whopping 100 percent. The question is, of course, why? Is it some larger macro context? A pump-and-dump? Or just the crypto markets being as crazy as they are. The Breakdown invited guest Mati Greenspan, former eToro analyst and now founder of Quantum Economics, to give his take. We also look at two stories around the growing crypto derivatives markets: the launch of the CME’s options on bitcoin futures and CFTC Chair Heath…
Bitcoin and ETH Are Commodities, While XRP’s Status Is Unclear, CFTC Says
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 the United States, the CFTC is responsible for regulating commodities, while securities fall under the Securities Exchange Commission. At the same…
Blockvest’s Defense Based on Falsified Documents, Claims SEC
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 emergency court order. The project had nevertheless already collected more than $2.5 million in a pre-ICO sale of its BLV token. Though the Southern…
More Than Half of Financial Advisors Want Better Regulation Before Investing in Crypto
More than half of financial advisors in the U.S. are too spooked by regulatory uncertainty to initiate or expand their cryptocurrency investments, a new study by Bitwise Asset Management found. The annual survey, released Tuesday, asked 415 advisors a range of questions on their crypto sentiments, including where they think the market is going, how their clients approach crypto, and what it would take for them to invest more in the space. Bitwise found that advisors are increasingly bullish on bitcoin’s future but hesitant to invest in it – for…
The Race to Lead 3 Class-Action Suits Against Bitfinex Over 2017 BTC Bull Run Is On
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 Counsel” for a number of parties filing similar class-action suits. Young et al are represented by law firms Radice and Kirby McInerney. Meaning of the new classification for…
The Race to Lead 3 Class-Action Suits Against IFinex Over 2017 BTC Bull Run Is On
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 Counsel” for a number of parties filing similar class-action suits. Young et al are represented by law firms Radice and Kirby McInerney. Meaning of the new classification for…