Tag Archives: tokens

The Real Reason SEC Moved to Suspend Trading for 3 Companies

By David Drake Three companies, Victura Construction Group, PDX Partners and Cherubim Interests, aren’t allowed to trade their stocks during the period between February 16 and March 2, 2018. This is because the Securities and Exchange Commission (SEC) has temporarily halted their trading following claims that the companies had acquired blockchain and cryptocurrency related assets. “The SEC imposed a 2 […]

Will Other UAE Countries Follow Abu Dhabi in Regulating Crypto Trading?

by David Drake Five months after introducing guidelines for initial coin offerings (ICOs), the government in Abu Dhabi is now looking for ways to regulate cryptocurrency intermediaries and exchanges. For players in the cryptocurrency industry, this has not come as a surprise. “It wouldn’t surprise me to see some type of cryptocurrency regulation within the Middle East. It is bound […]

Wondering Whether to Invest in Bitcoin? Top 2 Reasons Why you Actually Should

by David Drake Bitcoin is still the cryptocurrency market leader commanding 38% of the entire market valuation. Despite experiencing high volatility last month, this cryptocurrency continues to exhibit high resilience, gaining value to trade at  $11,206 on February 2017 just weeks after it hit a low of less than $6,000. The value of digital assets, like Bitcoin, is continually being […]

Will the Bubble Burst for Bitcoin in 2018?

By David Drake Bitcoin has consistently held the number one position in the cryptocurrency market with a high of $19,783.06 in price and a market capitalization of $327 billion on December 17, 2017. However, since the turn of the year, Bitcoin has recorded a steady decline in price. The leading virtual currency traded at $13,412 on January 1, 2018 and dropped 48.9% […]

Will a Crypto-ICO Ad Ban Address the Emerging Scams Problem for Facebook?

By David Drake Moments after Facebook announced a review of its advertisement policy, the cryptocurrency prices surged with the value of Bitcoin dropping by 11% this past Thursday. In the new policy, Facebook placed a ban on adverts that promote ICOs and cryptocurrency sites deceptive adverts that fuel scams. According to Dr. John Mathews, ACA, Chief Finance Officer at Bitnation, this […]

How Telegram is Positioning Itself to Tap into $530 Billion Funds Transfer Market

By David Drake Telegram, an instant messaging cloud-based app, is seeking to transform the way people interact and make payments. Through its proposed blockchain-backed Telegram Open Network – and in conjunction with its cryptocurrency, Gram – Telegram is set to become the first western chat app to offer payment services to users. In doing so, it has become China’s WeChat […]

Will Ether Survive the Cryptocurrency Crash and its Upcoming Hard Fork?

by David Drake The price of Ether plunged further today to trade at $975. This second largest cryptocurrency is not alone in the downward trend, the widespread cryptocurrency crash has affected almost all cryptocurrencies in the market. But this isn’t the only reason why Ether’s price is experiencing a sharp drop. The upcoming hard fork could also be affecting its value. Anton […]

Does Dogecoin Enjoy Sufficient Demand to Compete in the Crypto Market?

By David Drake Dogecoin made headlines this past weekend when its value hit the $2 billion mark briefly,  up from $24 million about a year go. At the time of writing this article, its market capitalization had dropped to $1.4 billion according to the CoinMarketCap. As a cryptocurrency that was developed as a joke, and not being updated for almost two […]

Can Telegram’s Blockchain-Powered Payment System Contend with Ripple?

by David Drake Telegram, the messaging startup with an estimated 180 million users, has announced plans to run an initial coin offering (ICO). The ICO will enable the startup to raise funds to develop its own blockchain platform and cryptocurrency to facilitate payments via its messaging app. Telegram plans to roll out the biggest ICO in the market with its […]

Cryptocurrency Players Welcome Crypto Regulation, Here’s Why

by David Drake Over the past few weeks, the government in South Korea has moved to regulate cryptocurrency trading in the country. The new rules, which take effect in about two weeks, has disallowed the creation of anonymous accounts by crypto exchanges. The regulations are aimed at improving taxation and enhancing investor protection through strict anti-money laundering and know-your-customer policies. […]