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CoinLive Weekly Recap: Find Out Last 7 Days' Top Stories

Author: CoinLive News Team Jul 30, 2018 at 02:03

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HOT STORIES OF THE DAY

Winklevoss Brothers Bitcoin ETF Rejected By SEC for Second Time

The U.S. Securities and Exchange Commission (SEC) has once again rejected an effort by investors Cameron and Tyler Winklevoss to list a bitcoin ETF.

G20 Hears Out Multiple Crypto Reports in July, Waiting for FATF to Test Its Standards by October

The G20, after it was called upon by France’s finance minister Bruno Le Maire to have a public debate about cryptocurrencies at the G20 Summit in Buenos Aires, made strides ...

US: Lawmaker Calls for More Action from Congress on Regulating Crypto

Congressman Bill Huizenga has urged for the U.S. Congress to focus on crypto regulation in an interview with Bloomberg July 27. 

Top 10 Crypto Deals in 2017 Returned Over 136,000% on Average, Report Shows

Research into the top ten crypto deals in 2017 based on their investment returns (ROI) has revealed that on average each returned over 136,000 percent...

CME Will Not Introduce Altcoin Futures Anytime Soon, Says CEO

The Chicago Mercantile Exchange (CME) will not introduce futures on cryptocurrencies other than Bitcoin (BTC) in the near future, CME CEO Terry Duffy revealed in an interview ...

Central Bank Crypto Could Bring Economic Gains: Bank of Canada Paper

Central bank-issued cryptocurrency can potentially bring economic welfare gains for Canada and the U.S., according to a central bank researcher.

Iran Plans National Cryptocurrency as New US Sanctions Loom

Iran may soon issue its own cryptocurrency as a way to bypass new economic sanctions enacted by U.S. President Donald Trump.

BRICS Bank Consortium to Research Blockchain Applications

A consortium of state-owned development banks plan to research blockchain technology for international transactions and other products, Russia-based Vnesheconombank said Thursday.

Crypto Bank Galaxy Digital Loses $134 Million in Q1

Crypto investment bank Galaxy Digital lost $134 million in the first quarter of 2018, largely due to declining cryptocurrency prices, the company announced in a quarterly earnings report Wednesday.

Bitcoin Price Pierces $8,500, Extending Bull Run Further

Fundstrat founder Tom Lee’s prediction that the bitcoin price would see “new highs in July” appears unlikely to materialize, but there’s no denying...

Japanese Crypto Exchanges Push for Limit on Margin Trading Borrowing

A self-regulatory organization formed by cryptocurrency exchanges in Japan is proposing a limit on how much investors can borrow when margin trading.

SEC Delays Decision on Asset Manager's Bitcoin ETFs Until September

The U.S. Securities and Exchange Commission (SEC) has delayed making a decision on whether to approve five bitcoin-related exchange-traded funds (ETFs)...

Another $1 Billion Blockchain Fund to Launch With Government Backing

Another Chinese city is launching a fund worth over $1 billion in order to support the development of blockchain-focused enterprises.

Cryptocurrency Market Cap Will Hit $800 Billion in 12 Months: Novogratz

Mike Novogratz, bitcoin advocate and founder of Galaxy Digital, believes that the cryptocurrency market capitalization won’t reach $800 billion...

Index ETF Tracking 10 Cryptocurrencies Filed With SEC

Bitwise Asset Management has announced its plan to launch “the first publicly-offered cryptocurrency index exchange-traded fund (ETF).”

Bitcoin Price Hits Two-Month High as Dominance Rate Spikes

Bitcoin's (BTC) price clocked a two-month high of $7,820 today and looks set to extend gains further, a key cryptomarket gauge indicates.

Wanchain's Bridge to the Ethereum Blockchain Is Now Open

Amber Baldet, former JPMorgan blockchain program lead (and current CEO of Clovyr), has expressed her doubts about the proliferation of blockchain protocols...

Google to Offer Distributed Ledger Solutions in Cloud Platform Marketplace

Google is joining the list of tech giants to deploy blockchain technology to offer customers fintech and cloud service solutions...

UK Central Bank Says New Payments System Will Be Blockchain Friendly

The Bank of England's updated payments system will be compatible with blockchain-based financial technology forms, Reuters reported Monday.

Bank of Canada Study Finds 58% of Canadians Own BTC for Investment Purposes

Canadian citizens used Bitcoin (BTC) mainly for investment purposes in 2017, according to a study by the Bank of Canada (BoC) published July 23.

US Chamber of Commerce Calls for Clarity on ICOs

The U.S. Chamber of Commerce is interested in initial coin offerings as a way for companies to tap capital – but only if they're regulated, that is.

Crypto Really (Really) Wants a Bitcoin ETF

The crypto universe has spoken: they want a bitcoin ETF and they want it now.

$46 Million of Ether is Locked in a Pair of Ponzi Dapps

The ethereum network has another pair of smash hit dapps. The decentralized applications have proven to be a viral success over the past week...

EU Study: International Nature of Cryptocurrency Markets Is a Challenge for Regulators

An EU study claims that the international nature of the cryptocurrency markets is a challenge for European regulators because many players...

G20 Eyes October Deadline for Crypto Anti-Money Laundering Standard

G20 member countries are now looking at an October deadline for reviewing a global anti-money laundering (AML) standard on cryptocurrency, a document shows.

 

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