Altcoin Price Analysis: Bears Slowdown, IOT/USD May Recover Today

Altcoin Price Analysis: Bears Slowdown, IOT/USD May Recover Today The meltdown continues and even though fundamentals are strong, altcoin prices including those of ADA/USD and IOT/USD could consolidate after the last two day’s losses mostly because of yesterday’s high volumes and tight trade ranges. Needless to say, our forecasts remain constant. That’s unless there are…

Details

Tron Price Analysis: TRX/USD Bulls Likely to Drive Prices Back to 2 Cents

Tron Price Analysis: TRX/USD Bulls Likely to Drive Prices Back to 2 Cents There is a clear divergence between fundamentals—Tron Accelerator program, transactions spike and on-chain development and TRX/USD prices.  Regardless, dropping prices shouldn’t be defining metrics because fundamentals often lead prices. As such, we expect TRX to rebound back to early this week’s valuation…

Details

‘The Big Issue’ Newspaper Launches Blockchain Platform to Promote Impact Investing

‘The Big Issue’ Newspaper Launches Blockchain Platform to Promote Impact Investing The Big Issue, a street newspaper sold by the homeless in the U.K. and other countries, is launching a blockchain-driven platform to promote impact investing, The Financial Times reports Monday, Nov. 18. Three investment companies — UK Standard Life Aberdeen, U.S. Columbia Threadneedle, and AllianceBernstein — will join The Big Issue as founders…

Details

Tom Lee Maintains $15,000 Year-End BTC Prediction Despite Market Crash

Tom Lee Maintains $15,000 Year-End BTC Prediction Despite Market Crash Despite the present market crash, major Wall Street crypto bull Tom Lee has reiterated his recently reduced year-end price prediction for Bitcoin (BTC) at $15,000 in an interview with CNBC’s Squawk Box on Tuesday, Nov. 20. In the recent statement, the head of research at Fundstrat Global Advisors pointed out two major types of crypto…

Details

OKEx Blasts ‘Defamatory’ Allegations Amid BCH Futures Settlement Furor

OKEx Blasts ‘Defamatory’ Allegations Amid BCH Futures Settlement Furor Cryptocurrency exchange OKEx has pushed back against allegations made by Hong-Kong based trading firm Amber AI over its early settlement of bitcoin cash (BCH) futures contracts last week. Calling a Monday blog post from the firm “defamatory,” OKEx said in a statement on Tuesday that the allegations are “completely false”…

Details

UK Could Ban Some Crypto Derivatives, Says Financial Watchdog Exec

UK Could Ban Some Crypto Derivatives, Says Financial Watchdog Exec The U.K.’s Financial Conduct Authority (FCA) is considering a ban on some cryptocurrency-based derivatives, a senior executive has said. Speaking at an event in London covering the regulation of cryptocurrencies, Christopher Woolard, executive board member and director of strategy and competition at the FCA, said that the…

Details

Crypto Payments Processor BitPay to Support Paxos Stablecoin

Crypto Payments Processor BitPay to Support Paxos Stablecoin Crypto startup Paxos is partnering with payments firm BitPay to allow the latter’s merchants to utilize the Paxos Standard stablecoin in settling transactions. Announced Tuesday, the move will give BitPay clients the ability to conduct transactions using a cryptocurrency while maintaining the “the trust and stability of the U.S.…

Details

Spain’s Finance Ministry to Inspect 15,000 Crypto-holding Taxpayers to Prevent Tax Fraud

Spain’s Finance Ministry to Inspect 15,000 Crypto-holding Taxpayers to Prevent Tax Fraud The Spanish Ministry of Finance (Hacienda) will oversee 15,000 taxpayers who have made transactions with cryptocurrencies in the last year, El País, the largest Spanish-language newspaper, reports Nov. 19. Under the auspices of Hacienda, Spain’s tax agency, the Agencia Estatal de Administración Tributaria (AEAT), underlined that it will…

Details

Greek Supreme Court is Violating Alleged Bitcoin Launderer’s Rights, Lawyer Argues

Greek Supreme Court is Violating Alleged Bitcoin Launderer’s Rights, Lawyer Argues The lawyer representing the alleged former operator of now-defunct crypto exchange BTC-e, Alexander Vinnik, has accused the Greek Supreme Court of “grossly violating” his rights, major Russian state-owned news agency TASS reported Nov. 19.39-year old Russian national Vinnik, a.k.a “Mr. Bitcoin,” was indicted by U.S.authorities and detained in Greece on July 25, 2017 on criminal charges…

Details