Square receives cryptocurrency license from NYDFS
Jun 19, 2018 04:17 am UTC| Digital Currency
The New York State Department of Financial Services (DFS) has granted a virtual currency license to Square, a financial services company that already holds a money-transmitter license from the DFS. The DFS said that it...
Russia's Sberbank and Alfa Bank to pilot cryptocurrency portfolios
Jun 18, 2018 11:59 am UTC| Digital Currency
Leading Russian banks Sberbank and Alfa Bank are piloting digital currency portfolios for their private clients, CoinDesk reported referring to a report from local news source Kommersant. The pilot will be conducted...

FxWirePro: ETH/USD rangebound below 500, bias remains bearish
Jun 18, 2018 11:18 am UTC| Digital Currency
ETH/USD is trading in a close range on Monday, just shy of 500 levels at the time of writing (Coinbase). The pairs upside is capped by 511 and a break above would see the pair 538 (3h 100-SMA)/552 (20-DMA). Further...

FxWirePro: BTC/USD rangebound, upside capped by 10-DMA, bias bearish
Jun 18, 2018 07:32 am UTC| Digital Currency
BTC/USD is trading in a close range on Monday with its upside capped by 10-DMA. It is currently trading at 6433 levels at the time of writing (Bitstamp). On the topside, the pair faces resistance at 6524 (3h 50-SMA) and...

Bank of International Settlements Releases Doomsday Report on Cryptocurrency
Jun 17, 2018 23:20 pm UTC| Digital Currency
Many financial analysts, experts, economists, and institutions are investing in cryptocurrency. However, the Bank of International Settlements (BIS) just released a report indicating its reservations on the matter. This...
SEC paves the way for CBOE’s Ethereum Futures
Jun 15, 2018 18:55 pm UTC| Research & Analysis Digital Currency Insights & Views
Ever since the futures market were announced for Bitcoins, a lot of Bitcoin users were extremely excited and a few sets were hyperactive. Divulging institutional investors to Bitcoins price swings sounds very powerful....
Spotlight: The perception of Bitcoin merits as shortcomings
Jun 15, 2018 08:52 am UTC| Digital Currency Research & Analysis Insights & Views
Despite the exponential capital appreciation in BTCUSD in 2017, the same has the awful flinch to begin with 2018 which is concerning matter for few class of investors and is prominent appeal for other class, like, the...