Israel’s Central Bank Issues Request for Information on DLT

A team that includes representatives from the Bank of Israel has issued a formal request for information about Distributed Ledger Technology (DLT), published on its website Dec. 18. The request — the goal of which is, as per the title, the “Regulatory Coordination of Virtual Assets”— states that “the regulators of the Israeli financial system believe that there is room to renew and strengthen cooperation and coordination among all regulators and the public” regarding DLT. Besides the country’s central bank, the team reportedly includes representatives from the country’s Securities Authority,…

Crypto Assets to Be Regulated Differently in the US, Potential Impact on Industry

The United States government could regulate crypto assets and tokens differently than stocks and traditional assets by altering the existing regulatory framework on securities. On Dec. 22, CNBC reported that two congressmen — Warren Davidson and Darren Solo — have introduced a bipartisan bill entitled “Token Taxonomy Act,” in an effort to prevent over-regulation in the cryptocurrency space. “In the early days of the internet, Congress passed legislation that provided certainty and resisted the temptation to over-regulate the market. Our intent is to achieve a similar win for America’s economy…

Bitcoin Dips Below $3,900 as Crypto Markets See Red

Saturday, Dec. 22: most of the top 20 cryptocurrencies are seeing moderate losses, with Bitcoin (BTC) struggling to stay near $3,900. Market visualization from Coin360 At press time, Bitcoin is down almost 5 percent over the last 24 hours, trading at $3,879. On its weekly chart, current prices are below the highest value on the week of near $4,200, but still significantly higher than $3,217, the value at which BTC started the week. Bitcoin 7-day price chart. Source: CoinMarketCap Ripple (XRP), the second largest cryptocurrency by market capitalization, has lost…

TRX Surge 58 Percent, Back to Top 10

Latest Tron News Months of bear pressure took a toll on several development arms as well as Consensys. Consensys–chaired by Joseph Lubin, plans to slash staff thanks to the deep losses in ETH. Like TRX, ETH prices tanked by as much as 90 percent sliding from highs of around $1,400 to sub $100. According to reports by Verge, staff from around 36 startups incubated by Consensys will face the sack, and Justin Sun is pouncing on this opportunity. In a tweet, the maverick founder of the smart contracting platform invited…

Marijuana Stocks Technical Analysis Chart 12/22/2018 by ChartGuys.com

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XRP Bullish, Break Above 40 Cents Vital For Bulls

Latest Ripple News Aside from government regulators, companies are monitoring the space.  Crypto as a Bank of International Settlement representative said is an “evil spawn of a crisis”. By design, coins are meant to supplement and even replace traditional government-issued currencies. Ravaged by hyperinflation and a total lack of trust for fiat, Venezuelans are using crypto to pay for their day to day expenses. On the other hand, Ripple is banking on xRapid, xCurrent, and xVia to replace the SWIFT of which majority of the global banks are using. The…

Bitcoin Price Analysis: BTC Resilient, Foundation Set for $6,000

Latest Bitcoin News The 2018 bear market has been punishing, and despite falling prices, adoption is picking up. The number of Bitcoin-related transactions is on the rise and even rivaling those of MasterCard.  Add that to the increasing number of Bitcoin ATMs, and it couldn’t be better. According to Data Light, Bitcoin teller machines are being installed all over the world at around six per day. It goes on to show that the number exploded from less than 50 in 2014 to 4,051 in Dec 2018. The future is bright.…

Bitcoin Ethereum Litecoin XRP BCH Technical Analysis Chart 12/21/2018 by ChartGuys.com

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3% of Americans Ready to Use Blockchain Banking Solutions

Note: this article is not intended as an endorsement or any sort of positive leaning sentiment toward the FOTON ICO. The author has no opinion of the ICO. The article is purely about the results of the survey the purveyors conducted earlier this month. According to a survey conducted by FOTON, an ICO-funded blockchain banking product that will not materialize until March based on funding efforts, 3% of American Internet users across age groups are ready to use a blockchain banking product or app today. The survey was presented to…

US Telecoms Giant Comcast to Make Blockchain Software Available in 2019

American global telecommunications conglomerate Comcast aims to make its blockchain initiative Blockgraph commercially available in 2019, according to a press release published Dec. 21. “Comcast is currently working with NBCUniversal to test Blockgraph’s capabilities with plans of incorporating it into its addressable offering in early 2019,” states the release. Comcast is a global media company founded in 2001, that provides cable television, Internet and telecoms services. Comcast is purportedly the second largest broadcasting company in the world in terms of revenue and largest TV company in the United States. The…