|Day's Range||6,622.517 - 6,802.721|
|52 Week Range||2,044.4099 - 18,750.9258|
During a talk at the Economic Club of New York, Goldman Sachs CEO Lloyd Blankfein laid out how cryptocurrency might gain a foothold in the mainstream financial system.
Tether announced its tokens are fully-backed by real cash according to a third-party review but the crypto community doesn't seem convinced.
Investing.com – Bitcoin's steadied from a drop earlier in the session, shrugging off a report of a cyberattack on a major cryptocurrency exchange.
The price of cryptocurrencies rebounded Wednesday despite news of fresh security breach at a crypto trading platform briefly undercut confidence. Reports that Goldman Sachs Group may expand the digital assets that it intends on trading on its cryptocurency platform may have renewed optimism in the nascent market. Bitcoin(BTCUSD)(COINDESK:BTC-USD), the world’s biggest digital currency, last traded at $6,750.90, up 0.8% Since Tuesday 5 p.m. Eastern Time on the Kraken crypto exchange.
The committee that oversees ethics on the House said Capitol Hill lawmakers will be required to disclose holdings of cryptocurrencies that exceed a certain threshold. “In particular, the [ethics] Committee has determined that with respect to financial disclosure, cryptocurrencies will be treated as an “other forms of securities” and are therefore subject to reporting both on a financial disclosure filer’s annual Financial Disclosure Statement (FD Statements or Statements) and on Periodic Transaction Reports (PTRs) throughout the year,” the House Committee on Ethics said in a news release. The Committee said members of the House would be required to disclose holdings of more than $1,000 and record any transactions that exceed $1,000 within 45 days of the purchase or sale of the virtual asset.
Embattled cryptocurrency company Tether announced Wednesday that a third-party law firm confirmed that on June 1, at the close of business, the company’s virtual-coin balance was 100% backed by U.S. dollars. The report comes less than a week after a University of Texas report claimed Tether was being used to artificially inflate the price of bitcoin(BTCUSD)(COINDESK:BTC-USD) during the latter parts of 2017, when the price of the worlds biggest cryptocurrency headed toward $20,000.
Tether has finally produced a third-party report proclaiming that its cryptocurrency, USDT, is fully backed by U.S. dollars – with some big caveats.
Slovenia is set to win the race for a “Bitcoin City” (BTC) following a recent announcement revealing that the Eastern European country is working on creating a massive shopping center where cryptocurrencies will be accepted as payment. According to the announcement, the shopping center will be known as BTC City and it will be the […] The post Slovenia Is On Track To Become The First Country To Be Home To A “Bitcoin City” appeared first on Market Exclusive.