Germany’s BaFin clarifies stance on ICOs
Feb 21, 2018 03:14 am UTC| Digital Currency
Germanys Federal Financial Supervisory Authority (BaFin) has issued a letter on the regulatory classification of tokens issued via Initial Coin Offerings (ICOs) or token sales. The regulator said that it has been...

FxWirePro: ETH/USD hovers around channel top at 949, good to go long on break above
Feb 20, 2018 10:45 am UTC| Digital Currency
ETH/USD is extremely rangebound on Tuesday as it faces stiff trend line resistance at 949 levels. It is currently trading at 936 levels at the time of writing (Kraken). On the upside, a decisive break above 949 (trend...
Government of Kaliningrad to trial blockchain technology in social payments
Feb 20, 2018 09:37 am UTC| Digital Currency
The Government of Kaliningrad region is collaborating with Vnesheconombank (VEB) on a blockchain pilot project in the field of social payments. The government and VEB have inked an agreement on cooperation in a number...
Cryptocurrencies need some regulation to influence financial markets: S&P
Feb 20, 2018 08:50 am UTC| Digital Currency
The explosive growth of cryptocurrencies in the past couple of months has grabbed the attention regulators all across the globe. While some financial regulators see these emerging asset class as a potential threat to...

FxWirePro: BTC/USD trades just shy of trend line resistance at 11766, bias bullish, stay long
Feb 20, 2018 06:56 am UTC| Digital Currency
BTC/USD is trading higher on Tuesday as it broke above 50-DMA. It is currently trading at 11432 levels at the time of writing (Bitstamp). On the topside, the pair will run into resistance at 11766 (trend line joining...

FxWirePro: LTC/USD breaks out of daily cloud, good to go long on dips
Feb 20, 2018 06:46 am UTC| Technicals Digital Currency
LTC/USD has shown a breakout at daily Ichimoku cloud, bias higher. Technical indicators support further upside in the pair. Momentum studies are bullish and MADC has edges into positive territory. ADX is...
Citi and Credit Agricole buy stakes in blockchain startup SETL
Feb 20, 2018 06:15 am UTC| Digital Currency
London-based blockchain startup SETL has announced that Citi and Credit Agricole have joined Computershare, S2iEM, and Deloitte as shareholders in the company. In addition to Citi and Credit Agricole taking stakes in...