Bitcoin (BTC) Likely On the Verge Of Parabolic Rally, Analyst Notes

Bitcoin Indicators Point Towards Start Of Bull Run While some have been skeptical of this rally, claiming that Bitcoin (BTC) isn’t ready to rally, a few indicators show that the recent move to $8,000 is about to kick off a parabolic run. Popular analyst Nebraskan Gooner recently noted that his proprietary “Top Goon X” indicator, which has historically flashed “buy”/”parabolic” to precede massive moves to the upside, has just issued a signal after over three years of inactivity. As seen below, the last four times a “parabolic” signal was issued…

Cryptopia Won’t Resume Trading Until Balances Are Secure, Discord Message Notes

The New Zealand police have returned the office building back to recently hacked crypto exchange Cryptopia and granted permission to resume trading. However, the exchange is not ready to renew its activity, according to a message purportedly sent by a Cryptoptia staff member on the official Discord channel on Feb. 24. After the hack that led to more than $16.1 million stolen from the crypto exchange, New Zealand police had launched an investigation along with international law enforcement to track the hackers. The initial hacking attack began on Jan. 15…

Apple Notes Blockchain Guidelines in Recent SEC Filing

Tech giant Apple has mentioned its work in forming the Blockchain Guidelines of the Responsible Minerals Initiative (RMI) in a filing with the United States Security Exchange Commission (SEC). The document, entitled “Conflict Minerals Report” was published on Feb. 15. In general, the document pertains to Apple’s business practices and ethics in sourcing minerals for its various consumer electronic devices. Apple states that it is “committed to going beyond the minimum requirements in order to meet and exceed internationally accepted due diligence standards and protect people in its supply chain…”…

Startup Launches Loaded Bitcoin Cash Notes to Spread BCH Adoption

News Bitcoin Cash proponents can purchase collectible and loaded BCH notes from a company called Global Notes based in Melbourne, Australia. The creator of Bitcoincashnotes.com is a firm believer in Satoshi Nakamoto’s vision for a peer-to-peer electronic cash system and thinks the low fees tethered to the BCH chain are “vital for the economic feasibility” of the company’s physical bitcoin cash product. Also read: Panda Exchange Deploys Hybrid Point of Sale and Crypto ATM in Bogota Loaded Bitcoin Cash Notes A startup called Global Notes has introduced a series of collectible…

JPMorgan Notes Marginal Improvements to Payment System With Blockchain Technology

Experts at financial services giant JPMorgan say that blockchain technology will provide benefits to banks and payment systems, Bloomberg reports on Jan. 29.   JPMorgan’s chair of global research, Joyce Chang, said, “Blockchain isn’t going to reinvent the global payment system, but it will provide marginal improvements. The most meaningful impact will probably be three to five years away and mostly on trade finance.” A recent report led by Chang purportedly states that blockchain applications in trade-finance are more common because of the high potential gains from efficiency through digitization.…

United Arab Emirates Will Introduce ICO Regulation in First Half of 2019, Regulator Notes

A financial regulator of United Arab Emirates (UAE) will introduce initial coin offering (ICO) regulations in the country by the end of the first half of next year. This development was reported by English-language local news outlet The National on Dec. 21. The Securities and Commodities Authority of UAE (SCA), which regulates and monitors the markets, will reportedly work with the Abu Dhabi Securities Exchange and Dubai Financial Market to develop a platform for ICO token trading. The SCA chief executive, Obad Al Zaabi, declared that the regulator has “signed…

OKEx Notes Early Delivery of BCH Futures After Trading Stop to Avoid Market Manipulation

The world’s current biggest crypto exchange OKEx has announced early delivery of Bitcoin Cash (BCH) futures contracts immediately after trading stop time today, Nov. 14, according a press release shared with Cointelegraph. As per the announcement, all Bitcoin Cash futures contracts have been set to stop trading at 9:05AM CET and delivered subsequently at 10:00AM CET due to the upcoming hard fork of Bitcoin Cash, Bitcoin ABC, scheduled for tomorrow, Nov. 15. According to Twitter, OKEx has released a notice on early delivery of Bitcoin Cash futures eight hours ago…

SEC Report Notes ‘Dozens’ of Investigations Into ICOs at End of Fiscal Year

The U.S. Securities and Exchange Commission’s (SEC) Enforcement Division has released its annual enforcement report for the 2018 fiscal year (FY), Friday, Nov. 2. The report notes actions by the Division against fraudulent Initial Coin Offerings (ICOs). According to the report, since the formation of the Division’s Cyber Unit at the end of FY 2017, the commission’s focus on cyber-related misconduct, including ICOs, has been growing steadily. The SEC attributes this to an “explosion” in crypto-asset offerings, which it says are often considered high-risk investments. According to the report: “In…

Notes from the Senate Floor

Normally, there is very limited room for drawing legitimate comparisons between a Senate hearing and an Mixed Martial Arts (MMA) fight. Yet the hearing entitled “Exploring the Cryptocurrency and Blockchain Ecosystem,” which took place on October 11, 2018 on the US Senate’s Committee on Banking, Housing & Urban Affairs’ floor, definitely bore quite a few similarities to a hyped sporting event that had made big waves just a few days ago. Two witnesses who were brought to testify on issues and promises of crypto stood by polarising views on the subject…

CFTC Chair Notes Crypto Cases in Record Year of Enforcement Actions

Christopher Giancarlo, the chairman of U.S. Commodity Futures Trading Commission (СFTC), said in an Oct. 2 speech that enforcement actions and fines increased significantly in the last fiscal year. Giancarlo presented at the Economic Club of Minnesota, stating that the enforcement of the recent fiscal year, which ended September 30, was “among the most vigorous in the history of the CFTC.” The CFTC filed 83 enforcement actions in the last fiscal year, representing a 25 percent increase from the last three years of the previous administration. The CFTC levied as…