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Friday, June 22, 2018

Bitcoin Eyes Bear Revival After Key Support Breached

Bitcoin's bears have seized the upper hand and forced a rising wedge breakdown, the technical charts indicate. Source link

Ripple CEO Urges Coinbase to List XRP

Brad Garlinghouse, the CEO of Ripple, believes that Coinbase should list XRP along with its other supported cryptocurrencies. The Ripple chief also adamantly claims that XRP is not a security.  ‘It’s...

Mt. Gox Crypto Exchange Begins Civil Rehabilitation Proceedings, Ends Bitcoin Sell-Offs

Mt. Gox will not sell any more Bitcoin to repay creditors after swapping bankruptcy proceedings for civil rehabilitation Source link

US Federal Reserve Launches Cryptocurrency Index

This week the Federal Reserve Bank of St. Louis added cryptocurrency to their Federal Reserve Economic Data (FRED) database. It’s a seemingly small gesture, but one that signals to most...

Mt Gox to Enter Civil Rehabilitation in Major Win for Creditors

Mt. Gox's bankruptcy proceedings have been halted and its bitcoin holdings could soon be distributed to creditors seeking reimbursement. Source link

Chinese Police Arrest Bitcoin Miner Who ‘Stole’ 150 MW of Electricity

A Bitcoin miner who failed to pay a 150 megawatt electricity bill has been arrested by police in China’s Anhui Province Source link

Mt. Gox Creditors’ Legal Victory: “Enormous Assets” to be Returned

The Mt. Gox Creditor (mtgoxcreditor) posted Commencement of Civil Rehabilitation Proceedings of Mt. Gox today, indicating a victory for creditors long wondering if an attempt would be made at making...

Japan Crypto Crack Down: FSA Flags 6 Native Cryptocurrency Exchanges

Japan has also been a crypto-forward and friendly country, but it seems Japan’s top financial regulator is putting its foot down on cryptocurrency exchanges. Just this morning, the Financial Services...

FCoin Crypto Exchange Draws Fire for New ‘Trans-Fee Mining’ Model

FCoin has launched to spiking trading volumes by utilizing a new revenue model called "trans-fee mining," but the method has been likened to an ICO. Source link

BREAKING: Mt. Gox ‘Bitcoin Whale’ Trustee Won’t Sell Any More BTC

The Tokyo District Court has approved the commencement of civil rehabilitation in the ongoing Mt. Gox bankruptcy — with the process to expected to start early next year.  Mt. Gox Trustee...