French Crypto Regulation à la carte: Context, News, Perspectives

France has been hard to classify on the crypto lovers/haters spectrum. During the 2018 G20 meetings, it claimed to aim at being a blockchain pioneer. At the same time, its ICO volumes are dwarfed by much smaller neighbors like Switzerland. On April 26, France dramatically cut the taxation of gains on cryptocurrency trading. Let’s see exactly what the French crypto context is, and how we could evaluate it after the recent regulatory changes. Crypto regulation State agencies all over the world have several incentives to step up their efforts to…

Bitcoin Price Will Surpass All-Time High, $20k Decline Was Normal

Join our community of 10 000 traders on Hacked.com for just $39 per month. Mati Greenspan, a senior analyst at eToro and a well-known bitcoin expert, told the Express in an interview that the correction of bitcoin from the $20,000 mark was expected, and he sees the bitcoin price surpassing its all-time high in the future with absolute certainty. Different Market “I don’t know what’s going to happen in the future. I’m really not a fortune teller or anything like that. I believe that more than fear of regulation that…

A Crypto Company Could ‘Overtake’ Wall Street’s Biggest Banks, Says Blockchain VC

Spencer Bogart, a partner at Blockchain Capital, said that other banks will follow Goldman Sachs’ example in opening a crypto trading desk, according to CNBC’s Fast Money today, May 4. Goldman Sachs reported yesterday that they would soon open a trading desk for Bitcoin (BTC) contracts after being “inundated” with client requests. Although Bogart told CNBC that the news is “definitely a big step,” he doesn’t think that it’s a “perfect solution, that all of a sudden now just opens the floodgates to the institutionalization of Bitcoin.” Bogart added that…

JP Morgan Files Patent For Blockchain-Powered P2P Payments Between Banks

JP Morgan Chase & Co. has outlined a peer-to-peer payments network in a patent application filed with the U.S. Patent and Trademark Office (USPTO) yesterday, May 3. The network would use distributed ledger technology (DLT), such as blockchain, for intra- and inter-bank settlements. The application describes the drawbacks of the conventional bank settlement system currently in place for cross-border payment processing: “A number of messages must be sent between the banks and clearing houses involved in processing the transaction… and clearing intermediaries in the payment flow […] [this may be]…

Blockchain Capital’s Spencer Bogart: What Goldman’s Bitcoin Bet Means For The Cryptocurrency | CNBC

Spencer Bogart, Blockchain Capital partner, discusses Goldman Sachs opening a trading desk for cryptocurrency and how it could impact price of cryptocurrencies. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC…

Ethereum Price Bursts Through $800 as Bulls Maintain Momentum

Join our community of 10 000 traders on Hacked.com for just $39 per month. The ethereum price cracked the $800 mark on Friday, as the market shook off impending regulatory concerns to reach its highest point since early March. The world’s second-largest cryptocurrency entered the month below $650 but has gone on a tear in the three days since. That rally continued this morning, and the ethereum price broached $800 on Bitfinex shortly before 12:00 UTC. At the time of writing, ETH was trading slightly below that mark at $799…

Bitcoin Price Challenges $10K Amid Bullish Sentiment, Ethereum Reclaims $800

Bitcoin prices reached $9,786 Friday, May 4, as momentum continues to build for a challenge to resistance around $10,000. Data from Cointelegraph’s price index and market visualization tool Coin360 revealed two attempts to retake the significant boundary Friday, both of which almost touched $9,800 before correcting downwards. At press time, BTC/USD was hovering around $9,730, up around 5.6 percent in the past 24 hours, and almost 50 percent since the start of April. This week has produced continued upside throughout the market, the news marked by a sudden announcement from…

Bitcoin and Ethereum Continue to Lead Crypto Market to $500 Billion

Join our community of 10 000 traders on Hacked.com for just $39 per month. Bitcoin and Ethereum, two of the most valuable cryptocurrencies in the global market, have led the cryptocurrency market to surpass $450 billion and based on the current trend, it is likely that the market crosses the $0.5 trillion mark within May. Ether Up 11% Ether, the native cryptocurrency of the Ethereum blockchain protocol, has increased by more than 11 percent against the US dollar and 6 percent against bitcoin. The market valuation of Ether has increased…

Pro-BTC Movement Scraps Lawsuit Against Ver’s Bitcoin.com, Citing Lack Of Funds

The pro-Bitcoin community movement that galvanized last week against Bitcoin.com has reversed its plans to level a lawsuit against the site, community leader MoneyTrigz announced on the group’s Telegram channel yesterday, May 3. Members of the movement were outraged that major crypto wallet and media service Bitcoin.com — run by prominent Bitcoin Cash-proponent Roger Ver — appeared to be intentionally blurring the distinction between Bitcoin (BTC) and Bitcoin Cash (BCH), and misleading buyers into buying the latter. On April 27, the group launched a website to gather claimants and donations…

Bitcoin Sets Sights Above $10K After Bull Breakout

Following a bull breakout last night, bitcoin (BTC) looks set to test $10,000 and could possibly move higher over the weekend. Bitcoin closed yesterday (as per UTC) at $9,759 on Bitfinex – the highest daily close since March 7 – signaling the upside break of the week-long narrowing price range we’ve been anticipating. The cryptocurrency also clocked a two-month high of $9,875 yesterday. At time of writing, BTC is changing hands at $9,776 and remains on the hunt for a big break above the $10,000 mark, as indicated by the…