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SEC of Thailand approved 7 cryptocurrencies for local exchanges

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The Securities and Exchange Commission issued clear regulatory principles regarding the country"s regulatory framework for cryptocurrencies and ICO. The news portal freedman.club reports that the Securities and Exchange Commission of the Kingdom of Thailand (SEC) has sounded strict principles concerning the regulatory framework of the country for regulating digital currencies and conducting ICO. Previously, we wrote about some changes in Thai law regarding the taxation of Thai crypto investors, and at the same time, some principles of ICO ... Read more about " SEC of Thailand approved 7 cryptocurrencies for local exchanges " on coinatory.com

Experts: Litecoin to grow soon

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Litecoin is currently the sixth largest cryptocurrency by capitalization, but in recent months it, like many other cryptocurrencies, is not experiencing the best period. However, some analysts cryptocurrency declare that Litecoin will soon become as popular as bitcoin. After the failure of the LitePay project, and also because of the news about the launch of the main EOS network, nothing has been heard about Litecoin lately. Nevertheless, Gabriel Francisco of the TMT Blockchain Fund believes that Litecoin will be one of the first ... Read more about " Experts: Litecoin to grow soon " on coinatory.com

Mastercard will be protected by the blockchain

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"Mastercard" Corporation intends to officially patent the use of IT-technology of the blockchain. This is planned to be done to verify the payment products of the transnational financial giant in the outlets. Information is provided by the portal "BitsMedia", which refers to information from the US patent office "USPTO". As indicated in the message on the Internet resource of the US Bureau of Trademarks and Patents, the brand "Mastercard" has already been filed an appropriate application. The method and system product for checking payment ... Read more about " Mastercard will be protected by the blockchain " on coinatory.com

June 10: BTC price drop: what happened?

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For those of you, who checked the Bitcoin price today, the picture was shocking. Here"s how it looks at the time of writing on gdax.com: Doesn"t look promising, isn"t it? BTC price crashed first support zones at 7220$-7200$ and another one at 7150$ - 7095$. This opened "good old" (not really good though) supports at 6950$ and 6690$. Later on, 6950$ support was smashed and even 6690$ was challenged by the peak 6665$ After that, the price bounced up and we"ve seen buying orders to prevail the selling ones. What ... Read more about " June 10: BTC price drop: what happened? " on coinatory.com

Tom Lee confirms his forecast on Bitcoin

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In a conversation with Bloomberg this week, Fundstrat analyst Tom Lee once again confirmed his forecast for the bitcoin rate - $ 25,000 by the end of the year. One of the reasons he believes in cryptocurrencies is the likelihood that traditional financial institutions will one day actively invest in the crypto industry, seeing in it "high-yield" opportunities. According to Lee, the regulation of the crypto industry will only improve the adoption of the cryptocurrency in both the institutional and retail sectors. Lee mentioned one of his ... Read more about " Tom Lee confirms his forecast on Bitcoin " on coinatory.com

The crypto market cap grows by $ 35 billion since May 29

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For two weeks, from May 29 to June 9, the value of digital money exceeded $ 340 billion. Over the past two weeks, the bitcoin rate, for example, increased by $ 500 Most digital money has risen in price over the past two weeks, i.e. in late May and early June 2018. Since May 29, the total capitalization of the cryptocurrency has increased by $ 35 billion, now it is $ 340 billion. Virtually half of the market - 38.1% is occupied by bitcoin. Its price increased by $ 500, the coin is traded at $ 7,600. According to many financial analysts, ... Read more about " The crypto market cap grows by $ 35 billion since May 29 " on coinatory.com

The "first in the world" crypto auction will sell a picture of Andy Warhol

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Platform Maecenas announced the holding of the world"s first art blockchain-auction. In the summer of this year, Andy Warhol"s "14 Small Electric Chairs" will be exhibited at an auction using the Ethereum blockchain system. Digital certificates of partial ownership of a 49 percent share of the Warhol 1980 series will be sold through the Maecenas blockchain-platform using the ART token, bitcoin (BTC) or Ethereum (ETH). Maecenas offers digital certificates that investors can then buy and trade on the exchange. According to the ... Read more about " The "first in the world" crypto auction will sell a picture of Andy Warhol " on coinatory.com

Colombian banks close all accounts of the crypto exchange Buda

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Colombian banks closed all accounts of the South American crypto exchange Buda. This is reported by the local publishing house Diario Bitcoin, referring to the e-mail letter sent by the company to its customers. According to the report, this step was spontaneous, the banks confirmed that the accounts were closed without further explanation. The crypto exchange announced this soon after the news that it is experiencing technical difficulties but will resume work on June 13. The general director of the Buda branch in Colombia, ... Read more about " Colombian banks close all accounts of the crypto exchange Buda " on coinatory.com