Litecoin [LTC/USD] Technical Analysis: Support breaks prove to be final nail in the coffin as crypto winter continues

The bear has shown no remorse to the cryptocurrency market after a brutal week. The past couple of days has seen may cryptocurrencies like Bitcoin [BTC], Ethereum [ETH] and Litecoin [LTC] crumble under the bear’s pressure, leading to price support breaks and significant drops. Litecoin, which has been struggling for a couple of weeks, continued […]

 

SEC is taking conservative and traditional approach towards regulating ICOs, says Founder of Monax

Preston Byrne, an Attorney at the ASI and the Founder of Monax, gave his insight on the U.S Securities and Exchanges [SEC]’s crack down on ICOs, in an interview with CNBC Crypto Trader. Recently, the SEC struck down two ICOs, right after scrutinizing the Founder of EtherDelta, an exchange platform for Ethereum based tokens. The […]

 

Monero [XMR]’s fluffypony says, “The trick to privacy is to be lost in the crowd”

Riccardo Spagni aka Fluffy Pony, a core team member and developer at Monero spoke about the implications and use-cases for Monero if Bitcoin decides to implement privacy into its code. In the Unchained interview with Laura Shin, Spagni also compared the privacy aspects of Zcash and Monero. Spagni said that if Bitcoin’s privacy is implemented […]

 

Bitcoin [BTC] and other cryptocurrencies’ profits monitored closely in Spain to prevent tax fraud and money laundering

The Spanish Government is looking closely at the income statements of 15,000 taxpayers to ensure that no tax evasion or money laundering occurs, according to El Pais, the Spanish daily newspaper. The Spanish Tax Agency had identified, earlier this year, that the emergence of “blockchain, and especially cryptocurrencies”, were a potential opportunity for committing tax […]

 

Bitcoin [BTC] to $3000 – $3500 still on the table, we will see “true blood in the streets”, says hedge fund manager

Anthony Pompliano, a perma-bull for Bitcoin [BTC] and the founder of Morgan Creek Capital Management, recently spoke in an interview with the host of CNBC Crypto Trader, Ran NeuNer, on the state of the cryptocurrency market. He elaborated on his opinion on why the market crashed recently. Pompliano stated that the reason for the market […]

 

Bitcoin [BTC] price crash is not due to SEC crackdown, says cryptocurrency Attorney Stephen Palley

The cryptocurrency market is suffering a bloodbath since the start of November. Bitcoin [BTC] has fallen down by approximately 80% since its all-time high. Stephen Palley, a blockchain and virtual currency Attorney spoke on Bloomberg regarding the recent crash of the cryptocurrency market. Stephen Palley said that ICOs were interesting while they lasted because people could start a […]