NY Attorney General warns investors and crypto firms of 'extreme risks'

Following weeks of volatility in the crypto markets and two high-profile legal cases involving crypto firms in New York state, NY Attorney General Letitia James has issued her starkest warning yet to all participants in the industry. In a double alert published on March 1, James warned retail traders that they face heightened risks and low protection, both in terms of […]

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Investor Sues MoneyGram for Falsely Representing XRP

MoneyGram International, a publicly-listed remittance company, is facing a class-action lawsuit for alleged misrepresentation of its partnership with Ripple and XRP token. According to a Cointelegraph report, the lead plaintiff of the lawsuit, which was filed in California on Monday, was an investor in MoneyGram and purchased the company securities between June 17, 2019, and February 22, 2021. MoneyGram entered into a […]

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CoinGeek Weekly Livestream to feature special edition for gaming industry

For those who are unaware, on February 24, 2021, Calvin Ayre announced his decision to cease CalvinAyre.com’s operations as a gambling news website after 10+ years of publishing. News and interviews surrounding the intersection of the gaming industry and Bitcoin will find a new home at CoinGeek.com and this is a positive thing—it’s a message of just how much opportunity […]

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Ethereum Price Analysis: ETH is Facing Uphill Task Near $1,650

Ethereum price is recovering from $1,300 against the US Dollar. ETH/USD must settle above $1,650 to start a strong upward move in the coming sessions. Ethereum Price Analysis After a break below the $1,720 support, Ethereum extended its decline against the US Dollar. ETH broke the $1,500 support zone and it even settled below the 55 simple moving average (4-hours). […]

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Euronext Reports Marginal MoM Uptick in February FX ADV

Euronext, the pan-European exchange operator, reported a marginal 2.8 percent increase in the average daily volume (ADV) of foreign exchange (FX) trading in February 2021 when compared to the figures of the previous month. The FX ADV for last month on the platforms of the exchange operator came in at $21.89 billion, compared to January’s $21.29, a month that itself […]

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India Banning Cryptocurrencies Could Backtrack the Nation in Financial Innovation

India changed a banking ban on crypto trading in March 2020. The government has openly spoken about introducing its cryptocurrency while banning others in the unknown Crypto and Regulation of Official Digital Currency 2021 Bill.  On Wednesday, Reserve Bank of India (RBI) Governor Shaktikanta Das said cryptocurrencies could harm financial stability, thus impacting the economy. His comment comes when the […]

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Upside Potential in NFTs is Massive Says Gary Vaynerchuk

Entrepreneur and YouTube celebrity Gary Vaynerchuk recently tweeted about NFTs, saying they will be more disruptive to the music industry than Napster was. Adding “technology always squeezes the middle,” and that he’s excited for what lies ahead. And they thought Napster was disruptive … wait to blockchain / NFT hit the music industry Shits about to be super interesting … […]

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Morocco central bank exploring digital currency but Bitcoin still banned

The central bank of Morocco has reportedly set up a committee to explore the merits and the risks of a digital dirham. The exploratory committee will also study Bitcoin and other digital currencies which are still banned by the Moroccan government. Bank Al-Maghrib (BAM) seems to be gradually changing its stance on digital currencies, local outlet Morocco World News reports. […]

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CBOE files to list Van Eck's proposed Bitcoin ETF

Globally leading exchange holding company, Chicago Board Options Exchange, or CBOE, has filed to list the Bitcoin exchange-traded fund proposed by asset manager, Van Eck. CBOE filed a Form 19b-4 requesting permission to list the ETF from the U.S. Securities and Exchange Commission on Jan. 3. In the form, CBOE emphasizes the benefits an ETF would offer to retail investors […]

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