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Ethereum Price – Ether Outlook Unclear

Ether is slightly moving down on Friday, Dec 21, trading at $117.18, reports Dmitriy Gurkovskiy, Chief Analyst at RoboForex. Technically, an upward correction is coming. Previously, the price made a new low, although not a key one, then it converged and broke out the previous…

US Lawmakers File Bill to Exclude Cryptocurrencies From Securities Definition

Two U.S. congressmen have introduced a bill aimed at amending the country’s securities laws to exclude cryptocurrencies from the definition of a security. The bipartisan bill also seeks to adjust taxation and create tax exemptions for certain cryptocurrency transactions. Also read: Indian Supreme Court Moves Crypto Hearing,…

Bitcoin Rally Shouldn’t Excite the Bulls Yet, Trend Still Bearish

The Bitcoin price appears to have bottomed out near the $3,000-level after falling more than 80% this year. The digital currency at press time is trading above $4,000, up over 30% within just a week. It is clear that traders interested in the long-term aspect…

Binance CEO: About Time Facebook Launches Its Own Crypto, Bolsters Adoption

Even amid 2018’s crypto market downturn, reports have recently begun to sprout up that Facebook, one of the largest technology giant on Planet Earth, has started to earnestly dive into blockchain development. This week, NewsBTC reported that Facebook’s in-house blockchain branch, a project headed by former…

How Much Steam Is Left In The Christmas Crypto Rally?

Many had predicted a year end Santa rally for Bitcoin and crypto markets. It appears that this has kicked in over the past few days as most cryptos are making daily gains. The big question however is how long will this rally last? Bitcoin Santa…

Brazil: Major Supermarket Chain Starts Accepting Crypto Payments

A major Brazilian supermarket is in the daily cryptocurrency news. Oasis Supermercados is the name of the chain located in Rio de Janeiro which has recently started accepting cryptocurrency payments after training its employees on how to do it. As the local news outlet Portal…

Cryptocurrency Market Update: Bitcoin Cash Doubles in Three Days

FOMO Moments A rare green Friday for crypto markets; Bitcoin Cash and SV are on a charge, Tron and Iota following. It makes a change to see markets in the green on a Friday. The crypto rally that started on Monday has continued throughout the…

Thai SEC Plans to Relax ICO Regulations

The Thai Securities and Exchange Commission (SEC) is reportedly planning to ease the country’s regulation for initial coin offerings. The regulator is conducting a public hearing to relax rules on pre-sales and private token sales. The commission has also unveiled plans to prevent the exploitation…

Litecoin (LTC) Founder Aims Sights At Crypto Adoption

Litecoin Founder Charlie Reminisces  Just one year ago, Litecoin’s founder Charlie Lee, better known as “Coblee” or “Satoshilite,” took to the Litecoin (LTC) subreddit to convey a surprising announcement. For those who missed the memo, Lee, who has been a cryptocurrency proponent for a majority…

Analysts Applaud Square’s Bitcoin Strategy as Brilliant Despite Low Profitability

It has been nearly one year since San Fransisco-based payment processing company, Square, rolled out peer-to-peer Bitcoin trading within their popular Cash App, allowing customers to buy, hold, and sell the cryptocurrency without incurring any fees. The company’s decision was lauded by the company’s investors…

Crypto Assets Won’t Be Classified As Securities With Proposed U.S. Bill

Since Bitcoin (BTC) was formally classified as a pseudo-commodity, crypto investors have been pestering regulators, namely the U.S. Securities and Exchange Commission (SEC), how their favorite cryptocurrencies stack up. Ethereum (ETH), in its “current decentralized state,” was hinted at being in the same boat as…