sec

SEC Suspends Trading In 3 Companies Due To ‘Questions’ Around Cryptocurrency Ties

24 hours ago kakp2 0
The Securities and Exchange Commission (SEC) published a report Thursday, Feb. 15 explaining the temporary suspension of trading in three companies that had made statements about acquiring cryptocurrency and “Blockchain technology-related assets”. All three companies, Cherubim Interests (CHIT), PDX Partners (PDXP), and Victura Construction Group (VICT) have been suspended starting Feb. 16 for two weeks Read More

Crypto Regulations ‘Not Close’ US Security Coordinator Says At Conference

1 day ago kakp2 0
A major US government security figure recently stated that regulation of cryptocurrencies by Washington is not “close,” CNBC reports Feb. 16. In comments which echo those from various US regulatory circles this year, special assistant to the president and White House cybersecurity coordinator Rob Joyce told the Munich Security Conference Friday that plans were still Read More

Gaming Company Atari Announces Investment In Crypto, Share Price Spikes

1 day ago kakp2 0
Atari SA, a French holding company that contains the former Atari, Inc., the publisher of video games such as Tetris and Pac Man, has seen its share price go up more than 60 percent after announcing that it would invest in cryptocurrency, Bloomberg reports Thursday, Feb. 15. According to Atari’s press release earlier this month, Atari Read More

Securities Lawyers Say Barry Silbert Tweets Are Red Flags for Regulators

2 months ago adcity Comments Off on Securities Lawyers Say Barry Silbert Tweets Are Red Flags for Regulators
Regulation Experts in US securities laws say that some of Barry Silbert’s many tweets on ETC prices, as well as a recent “pro tip” he shared with a shorter, may raise red flags for market regulators in charge of preventing price manipulation. Also Read: Litecoin Creator Charlie Lee Reveals He Sold All His Litecoin Barry Read More

Michael Novogratz: “Bitcoin May Dip to $8K” — Puts Crypto-Hedge Fund on Hiatus

2 months ago adcity Comments Off on Michael Novogratz: “Bitcoin May Dip to $8K” — Puts Crypto-Hedge Fund on Hiatus
Finance The financial mogul Michael Novogratz, a former Fortress Investment Group executive, stated back in September that he planned to start a cryptocurrency hedge fund. Now according to reports, the former macro trader is putting the hedge fund on hold as he’s not as confident as he once was, regarding bitcoin’s price. Novogratz believes the price Read More

SEC Suspends Trading in Publicly Traded `The Crypto Company´ after 2500% Rise

2 months ago adcity Comments Off on SEC Suspends Trading in Publicly Traded `The Crypto Company´ after 2500% Rise
Featured The Securities and Exchange Commission (SEC) announced “the public interest and the protection of investors require a suspension of trading in the securities of The Crypto Company.” It’s the second time this year the SEC has gone after crypto-affiliated, publicly traded companies.  Also read: Tezos Foundation Board Member Quits SEC Suspends The Crypto Company Read More

SEC Chairman: Initial Coin Offerings Will Have to Register as Securities

3 months ago adcity Comments Off on SEC Chairman: Initial Coin Offerings Will Have to Register as Securities
Featured In a recent speech to an exclusive group of attorneys in New York, Walter Joseph “Jay” Clayton III, Securities and Exchange (SEC) Chairman, in prepared remarks and brief statements, equated Initial Coin Offerings (ICOs) with securities, which will mean massive regulation of a red-hot market.  Also read: After SEC Snub, Vaneck Re-Enters Crypto Markets Read More

The What and Why Bitcoin Price Reached $7,000

4 months ago adcity Comments Off on The What and Why Bitcoin Price Reached $7,000
This week, Bitcoin price, on its usual upward trajectory, barely blinked as it smashed through the $7,000 mark. The Bitcoin community obviously celebrated as the king of digital currencies shows no sign of slowing, but what is behind this latest rally? The biggest factor behind the rally was the announcement of Chicago Mercantile Exchange’s decision Read More

Bitcoin Shatters $7k Barrier After Futures Trading Announcement by CME Group

4 months ago adcity Comments Off on Bitcoin Shatters $7k Barrier After Futures Trading Announcement by CME Group
Bitcoin continued its five-day surge, rising from $5,750 on Oct. 28 to just over $7,000 at press time on the GDAX exchange. The currency’s definitive smashing of its most recent all-time high and the $7,000 barrier seems to be tied to its increasing integration in mainstream finance. Futures and derivatives Just yesterday, the CME Group, Read More