CFTC Probes Bitcoin Exchange BitMEX

The U.S. Commodity Futures Trading Commission (CFTC) is reportedly probing bitcoin exchange platform BitMEX over suspicions of providing service to American traders. CFTC Investigating Whether BitMEX Serviced US Traders According to Bloomberg, anonymous sources say the U.S. regulatory watchdog is investigating the popular bitcoin exchange. Reports indicate that the probe centers around BitMEX allowing U.S. […]

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Short of Target: Bitcoin’s $1K Rally Leaves Bear Bias Intact – CoinDesk

View Bitcoin’s short-term outlook will remain bearish as long as prices remain below $11,080 resistance. A break above that level would invalidate bearish lower-highs setup. The bulls may have a tough time forcing a break above $11,080 amid news of BitMEX exchange facing a regulatory probe and talks of harsher crypto regulation. Prices could drop […]

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Bitcoin vs Libra: Here are the key differences between the two cryptocurrencies – CNBC

A visual representation of a cryptocurrency coin on display in front of the logos for Facebook and Libra. Chesnot | Getty Images Facebook has made headlines of late with its plans to create a cryptocurrency. The social media company has been forced to defend the project on Capitol Hill, amid regulatory concerns around data privacy […]

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Bitcoin Ransomware That Infiltrated 100 US Enterprises Spreads to China

A ransomware virus that has successfully infiltrated more than 100 government and private enterprises in the U.S. and internationally has been detected in China, according to a recent Tencent Security report. Dubbed Ryuk, the pernicious code targets “logistics companies, technology companies and small municipalities” with high data value, demanding bounties upward of $5 million paid […]

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Bitcoin Bears ‘Poised’ After ‘Dr Doom’s’ Dire Crypto Exchange Warning – Forbes

Bitcoin and cryptocurrencies have divided the traditional financial industry and economists, with some arguing bitcoin and crypto is incompatible with the current system and others more open to the new technology. The bitcoin price, well known for its extreme volatility, has not helped matters, with bitcoin critics pointing to wild swings on crypto markets as […]

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