The upcoming event Consensus 2018 is gaining a lot of attention as Analyst and Wall Street strategist shares his bullish sentiments of the event and people’s interests grow despite Vitalik’s boycott, that is expected to bring another bull rally like last time.

Continue reading: https://coingape.com/consensus-2018-is-bull-drive-off-amid-conflicts/

Warren Buffett, the revered billionaire investor, and a crypto bear yet again blasted bitcoin at the annual shareholder meeting of Berkshire Hathaway.

“Cryptocurrencies will come to bad ending” the Oracle of Omaha reiterated to his negative stance towards cryptos claiming Bitcoin is “probably rat poison squared.”

Here is more: https://coingape.com/warren-buffett-bitcoinfomo-after-google-and-amazon-miss-out/

On one side, countries like Singapore, Switzerland, and Malta are trying to win the race of becoming a crypto hub while on the other side countries like China, India and Iran are banning the cryptocurrencies.

The newest addition to the list is Norway. Bitmynt AS, a Norwegian cryptocurrency exchange lost the case against Nordea, which is a Scandinavian financial services group. On May 4, the ruling for the case where Nordea was sued by Bitmynt for closing the account of the exchange was concluded.

Continue reading: https://coingape.com/bitcoin-today-needs-a-boost-in-norway/

[“We’re not going to tarnish our reputation” Dow Jones CEO]

“We’re not going to tarnish our reputation” Dow Jones CEO

The popular S&P Dow Jones Indices has come forward and made it clear that they are not going to introduce cryptocurrency indexes, for now. S&P has been receiving a lot of requests from their customers to build a platform that allows them to track the cryptocurrencies, but the index provider has no plans to offer any such solution for the time being at least.

Continue reading: https://coingape.com/institutional-investors-entering-into-crypto-industry/

The second largest cryptocurrency exchange by Coinmarketcap, Huobi has listed IOTA today. Currently, at 9th spot, a solid surge has seen in IOTA price which has been jump-started by IOTA foundation’s announcement of ecosystem platform and joining the big players in the automotive industry.

continue reading: https://coingape.com/iota-price-gains-with-huobi-listing/

The lawmakers of South Korea are moving towards introducing the bill to legalize the limited number of newly launched ICOs that will be under government supervision. After banning the ICOs completely last year, South Korean companies took to abroad to launch their ICOs.

Continue reading: https://coingape.com/south-korea-bill-to-legalize-icos/

The Bank of Korea (BOK) expressed its interest in introducing a Central Bank Digital Currency and guidelines on the cryptocurrencies within the first half of this year. The bank has also stated that a trial test would be first conducted before launching the digital currency.

Continue reading: https://coingape.com/bok-planning-to-launch-own-digital-currency/

[SEC & CFTC examining whether Ethereum is a security]

SEC & CFTC examining whether Ethereum is a security

After Bitcoin, Ethereum is the most popular and valued cryptocurrency in the world which has come under the scrutiny of US regulators who are working out the decision if this digital currency among others should be regulated as securities under the federal law.

Reportedly, the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) are investigating into the popular cryptocurrencies to determine if they classify as a security or not.

Continue reading: https://coingape.com/ethereum-under-heavy-scrutiny-of-regulators/

Another good news for the Verge (XVG) community has come into the form of Bitfinex listing. One of the top cryptocurrency exchanges, Bitfinex is among the top 10 cryptocurrency exchanges with highest 24-hour trading volume as per Coinmarketcap.

In its official announcement, the exchange stated “Bitfinex is pleased to introduce trading for Verge Currency (XVG). Deposits have been enabled, with trading set to go live at 11.30AM UTC.” Right now, Verge is live on Bitfinex exchange.

BTC, ETH, and USD are the available tradable pairs for XVG. The announcement further mentions: “Margin trading and P2P funding will be enabled gradually, as and when the order books develop liquidity.”

Currently, the majority of the cryptos, from Bitcoin, Ethereum, EOS to Litecoin, Dash, and VeChain are experiencing a dip in their prices. However, only a few of them are in the green but not as much as 20.85 percent except Bitcoin Private.

continue reading: https://coingape.com/bitfinex-listing-drives-verge-price-up

[Now, Bitcoin Cash is Bitcoin Cash, rightfully so!]

Now, Bitcoin Cash is Bitcoin Cash, rightfully so!

Roger Ver founded Bitcoin.com has finally made changes to its Webpage. Bitcoin Cash, which used to be shown as Bitcoin is now fixed and rightfully depicted as Bitcoin Cash. The change came amidst the lawsuit reports sought by Bitcoin users against Bitcoin.com and its CEO Roger Ver for defrauding the investors.

Continue reading: https://coingape.com/bitcoin-cash-is-bitcoin-cash-now/

A source has revealed that the Investment banking giant, Morgan Stanley is working on a cryptocurrency trading desk. Wall Street is certainly getting serious about the crypto sector as a few days earlier Nasdaq CEO talked about the industry’s potential and Goldman Sachs hired its first executive for its digital asset unit.

Continue reading: https://coingape.com/morgan-stanley-making-way-into-cryptos/

[Digital currency fever: After central bank ban, Iran develops own national cryptocurrency]

Digital currency fever: After central bank ban, Iran develops own national cryptocurrency

It has been only last week that the central bank of Iran prohibited local banks and credit institutions from dealing in cryptocurrencies like bitcoin in the wake of rising concerns regarding money laundering. The country is going through a currency crisis as Rial dropped down to its lowest ahead of the possible return of sanctions from the US.

Continue reading: https://coingape.com/iran-next-with-national-cryptocurrency/

One of the biggest cryptocurrency exchange, Belize-based OKEx officially launched its native token OKB. Following the listing of OKB on OKEx’s platform, the exchange registered increased 24-hour trading volume and moved to the top spot on coinmarketcap.

Continue reading: https://coingape.com/okex-launches-native-okb-token/

Currently, at $0.08, Tron has been experiencing a good surge in its prices since it’s testnet launch on March 31. A lot of developments and good news this month further drove its prices that are expected to rise even more as the highly anticipated Tron Mainnet launch date comes near.

Continue reading: https://coingape.com/tron-to-rise-with-tron-mainnet-launch/

Over 800 individuals have come together to create a community against Bitcoin.com and its CEO Roger Ver. A legal action has been pursued by the “Bitcoin.com lawsuit/victims” Telegram group for misleading the users into buying BCH instead of BTC.

Continue Reading: https://coingape.com/bitcoin-com-ceo-roger-ver-to-face-lawsuit/

The French Council of State now considers the profits generated by cryptocurrencies as capital gains of movable property that will be taxable at a flat rate of 19 percent instead of the previous 45 percent rate.

Continue reading: https://coingape.com/relief-in-crypto-taxation-france-brings-crypto-taxes-down-to-19/

Vitalik Buterin, Ethereum co-founder took a blow at the blockchain and cryptocurrency news channel, CoinDesk for posting the link to a fraudulent website in its article on OmiseGo cryptocurrency. Furthermore, Buterin is boycotting the popular Consensus conference event hosted by CoinDesk while encouraging others to do the same.

Continue reading: https://coingape.com/vitalik-buterin-bashes-coindesk-and-boycotts-its-consensus-conference/

[UK accounts for the majority of registered crypto exchanges]

In the wake of a crackdown on the crypto market by regulators in China, Japan, and South Korea, the crypto exchanges have moved out of Asia and found their call in the UK as the country accounts for the highest number of crypto exchanges. Meanwhile, after Malta, South Korea leads in trading volume race.

UK accounts for the majority of registered crypto exchanges

Over the last few years, cryptocurrency has grown in awareness, adoption, and value. As the number of cryptocurrencies has risen, so have the investors in the market. Cryptocurrency exchanges have also bloomed and spread over geographically.

Continue reading: https://coingape.com/asia-leads-the-highest-crypto-trading-volume/

Ripple is one of the steadiest cryptocurrency in the market that is currently riding at $0.8 and is expected to hit $1 soon while hitting its highest volume quarter in history. Through various collaborations and listings, Ripple is on the way to its target to become the leading payment system and solution. As XRP price moves higher investors and partners like SBI Holdings’ CEO Yoshitaka Kitao expects it to hit $10 before the year ends.

Continue reading: https://coingape.com/ripple-xrp-price-rises-to-its-highest/

Kyber Network, a decentralized ethereum-based solution is killing it with the Bithumb listing. Prior to getting integrated with one of the biggest cryptocurrency exchanges, KNC token registered a surge of 70 percent at its peak and crossed $3 USD mark. Currently, at $2.86, Kyber Network recently joined MyEtherWallet to launch a decentralized exchange that allows its users to swap their Ether into ERC20 tokens that started an upward trend in KNC price.

Continue reading: https://coingape.com/kyber-network-shot-up-by-51-ahead-of-bithumb-listing/