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Ukrainian Financial Stability Council Supports Regulatory Concept for Cryptocurrencies

The Financial Stability Council of Ukraine has supported a concept for crypto regulations, Timur Khromaev, head of the National Securities and Stock Market Commission (SSMCS) reported in a Facebook post July 20. According to Khromaev, the concept…
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XRP Technical Analysis: Spike in XRP FUDs Signals a Bottoming Market

On a weekly basis, XRP lags and is up one percent in the same time frame. This comes at the backdrop of FUDs and talk of SEC anticipated clarification of XRP. Despite all, XRP is still trading above key support lines. It is likely that weekend’s…
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Coinbase Reportedly Secures $20 Billion Hedge Fund Through Its Prime Brokerage Services

Major U.S. crypto wallet and exchange Coinbase has reportedly secured a $20 billion hedge fund for its custody service, Business Insider reports July 19. Coinbase launched “Coinbase Custody,” its digital assets custodian solution for large…
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Bank Broker TP Icap Eyes Entry into Cryptocurrency Sector

Interdealer broker TP Icap, one of the world’s largest institutions within the financial, energy, and commodities markets, is about to approach virtual currencies. It has set up a working group for the purpose of analyzing the best way…
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UK Law Commission to Review Legal Frameworks to Remain ‘Competitive’ in Era of Smart Contracts

The U.K. Law Commission will review legal frameworks to ensure that British courts remain a “competitive” choice for businesses that use smart contracts. The announcement was made in the Commission’s 2018 report released July 19. The…
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BitMEX CEO: Bitcoin Hasn’t Seen the Worst, $5,000 Imminent Before Big Rally

On CNBC’s Fast Money, BitMEX CEO Arthur Hayes reaffirmed his stance on the price of bitcoin stabilizing in the $5,000 region before initiating the next rally. Is a 30% Drop Imminent? On July 1, Hayes appeared on CNBC’s Fast Money and discussed…
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Ripple Price Analysis: XRP/USD Turned Bearish?

Key Highlights Ripple price broke a major support area near $0.4750 to move into a bearish zone against the US dollar. There is a key bearish trend line in place with resistance at $0.4700 on the hourly chart of the XRP/USD pair (data source…
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Tron (TRX) Price Watch: More Bulls Ready to Join This Retest?

Tron Price Key Highlights Tron recently broke past a descending trend line on the 4-hour chart to signal a reversal from the downtrend. Price hit resistance at 0.0435 and is in the middle of a correction from the rally. Using the Fibonacci…
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HSBC Global Head of Digital Says the Bank Is ‘Cautiously Looking’ at Crypto Investment

Global Head of Digital at HSBC, Josh Bottomley, said that the bank is “cautiously looking” at cryptocurrency use cases, Forbes reported July 19. In an interview with Forbes, Bottomley said that HSBC is “cautiously looking into this area…
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Switzerland to Ease Regulation for Cryptocurrency Ecosystem

Once called “Crypto Nation,” Switzerland has recently been driving away the ecosystem after setting up a more stringent regulatory framework. Having dropped from second place last year to sixth in 2018, in a PwC country ranking…