Bitcoin has become a combination of bubble, Ponzi scheme and environmental disaster: BIS chief
Feb 07, 2018 03:57 am UTC| Digital Currency
If central banks and financial authorities do not act pre-emptively, cryptocurrencies could become a threat to financial stability, Bank for International Settlements (BIS) General Manager Agustín Carstens...
BNSF becomes first Class-I railroad to join Blockchain in Transport Alliance
Feb 07, 2018 03:09 am UTC| Digital Currency
BNSF Railway Company (BNSF), a leading North American freight transportation company, has become the first Class I railroad to join the Blockchain in Transport Alliance (BiTA). Formed in August 2017, BiTA aims to...
Testimony of US SEC and CFTC chairs released ahead of Senate’s hearing on cryptocurrencies
Feb 06, 2018 11:09 am UTC| Digital Currency
The chairs of the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) Jay Clayton and J. Christopher Giancarlo, respectively, have prepared their testimonies for the Senate...
US CFTC warns against fraudulent cryptocurrency retirement plans
Feb 06, 2018 10:13 am UTC| Digital Currency
The U.S. Commodity Futures Trading Commission (CFTC) has issued a warning to investors against cryptocurrency retirements accounts claiming to have received approval from regulators. The CFTC explained that price...

FxWirePro: ETH/USD extends decline, dip till 488 likely
Feb 06, 2018 09:22 am UTC| Digital Currency
ETH/USD is continuing its downward move on Tuesday after it broke below Ichimoku cloud. It is currently trading at 600 levels at the time of writing. On the upside, immediate resistance is seen at 608 (1h 10-SMA) and a...
Law firm partner Marco Santori joins Blockchain as President
Feb 06, 2018 08:47 am UTC| Digital Currency
Bitcoin wallet startup Blockchain has announced that Marco Santori is joining the company as President and Chief Legal Officer. Santori joins from law firm Cooley LLP, where he was a partner and led the global financial...

FxWirePro: ETH/EUR closes below 100-DMA at 585, bias lower, good to short rallies
Feb 06, 2018 08:22 am UTC| Technicals Digital Currency
ETH/EUR closes below 100-DMA support at 585 levels, bias still bearish. Price action has broken below 61.8% Fib retrace of 115 to 1183 rally at 522. Technical studies are highly bearish. Next bear target lies...