Today in the news:
- The total cryptocurrency market cap has dropped below $250 Billion.
- The SEC has put two Bitcoin ETF proposals back on the table and the SEC chief appears to be softening his sentiment toward ICOs.
- India bans banks from dealing in cryptocurrencies.
- The EOS' team has launched EOSIO Dawn 3.0.
- And more crypto news below...
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Latest Crypto News - April 06, 2018
Bitcoin Eyes $6K After Key Resistance Fails to Hold
Bitcoin (BTC) risks falling to $6,000 in the next 24 hours, but there is limited room for a drop below that level, the technical studies indicate.
Read more: www.coindesk.com
More sources about Bitcoin's price:
Is Every ICO a Fraud? 'Absolutely Not' Says SEC Chief
The SEC's highest-ranking official appears to be softening his sentiment toward ICOs. At a Princeton University event Thursday, SEC chairman Jay Clayton went so far as to reject the idea that all ICOs are fraudulent, answering "absolutely not" to a question centered on whether his agency's actions against the founders of blockchain projects amounts to such an admission.
Read more: www.coindesk.com
Other sources:
SEC Quietly Puts Bitcoin ETF Proposals Back on the Table
The US Securities and Exchange Commission (SEC) has quietly begun considering two Bitcoin ETF proposals, public documents show.
Read more: www.ccn.com
Other sources:
In a Blow to Bitcoin, India Bans Banks from Dealing in Cryptocurrencies
In what amounts to a major clampdown down on bitcoin and other cryptocurrencies, the Reserve Bank of India (RBI) announced in a press release today, April 5, 2018, that it is banning banks and regulated financial entities from dealing with digital currencies.
Read more: bitcoinmagazine.com
Other sources:
EOS Takes Another Step to Main Launch with DAWN 3.0 Release
The EOS ecosystem is on track for its main release in June, and the next step was made, a pre-release of the EOSIO ecosystem. The DAWN 3.0 release has all the functionalities of the upcoming main ecosystem, and is open for testing.
Read more: cryptovest.com
Russia to Build a Crypto-Park to Encourage Economy Digitalization
Russian Association of Blockchain and Cryptocurrencies (RACIB) aims to deploy a grand-scale crypto-park in Stupino to facilitate fundraising via ICOs and develop blockchain-based products and decentralized apps, Cryptorussia portal reported.
Read more: cryptovest.com
Spain's Tax Authorities Seek Crypto User Names and Bank Accounts
Spanish tax authorities have sent requests for information on cryptocurrency investors to over 60 companies, a source at the country's tax agency confirmed to CoinDesk following reports in local media.
Read more: www.coindesk.com
Other sources:
Research: 14% of Young Japanese Male Professionals Own Cryptocurrency
On April 3, 2018, the New R25 Research Institute, an initiative of R25 Co., Ltd., published findings of its recent investigation of the “real currency holding” among businessmen ages 25-30, revealing 14% of young professionals owned cryptocurrency.
Read more: www.ccn.com
Major Exchanges Show No Interest in Listing Ripple’s XRP
Even major cryptocurrencies and digital assets can struggle to get listed on specific exchanges. For example, Ripple is trying to get on more US-based trading platforms, yet it has failed to make an impact. Even attempts to “bribe” exchanges have not succeeded so far.
Read more: themerkle.com
Monero Fork Underway In Bid to Block Big Miners
A planned hard fork of privacy-centric cryptocurrency monero has just executed and the community is keenly observing the results.
Read more: www.coindesk.com
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