Bitwise CIO Says $100K Bitcoin a Difficult Prediction to Make, Calls Ethereum the ‘Asset of the Year’

While there’s been an awful lot of calls for bitcoin to reach six-digits in value in 2021, as the end of the year draws closer, it doesn’t seem like $100K per bitcoin will happen. Bitwise Asset Management’s chief investment officer Matt Hougan told the press on Monday that “$100,000 by the end of the year … Read moreBitwise CIO Says $100K Bitcoin a Difficult Prediction to Make, Calls Ethereum the ‘Asset of the Year’

China Plans Digital Asset Exchange, Could Serve E-yuan’s Cross Border Goal

China is looking to set up a digital asset exchange, a new blue print published on the State Council website has suggested. The document did not provide much details about the exchange’s structure but it shows the move is coming as the government lays out steps to complement the pilot and pending public roll out of the digital yuan. Overall, it seems to form a part … Read moreChina Plans Digital Asset Exchange, Could Serve E-yuan’s Cross Border Goal

US SEC Charges Man With Defrauding Crypto Investors in Two Digital Asset Securities Offerings

The U.S. Securities and Exchange Commission (SEC) has charged a citizen of Latvia with defrauding investors in two crypto offerings. The fraudster “used fake names, fictitious entities, and fraudulent profiles to perpetrate his schemes, and misappropriated nearly all of the investor funds that were raised.” Two Fraudulent Crypto Schemes The SEC announced Thursday that it … Read moreUS SEC Charges Man With Defrauding Crypto Investors in Two Digital Asset Securities Offerings