Tag Archives: Critical

Dow Beats Back Bears with 200 Point Rally, Bitcoin Teeters Toward ‘Critical’ Support

The bulls are back in town ahead of the US trading session, at least for one more day, and a buoyant Dow looks poised to leap nearly 150 points at the stock market’s opening bell. The mood is a bit more sour in the cryptocurrency market, where the bitcoin price is careening toward an uncomfortable milestone and could soon test its critical support level. Continue reading Dow Beats Back Bears with 200 Point Rally, Bitcoin Teeters Toward ‘Critical’ Support

Crypto Firms Speak out Against Critical McKinsey Report

Consulting giant McKinsey & Co recently published a report on the state of the blockchain industry, claiming that while crypto technology has potential, it has been unable to break away from the early “pioneer” phase with most use cases failing to take off. Continue reading Crypto Firms Speak out Against Critical McKinsey Report

International Cooperation ‘Critical’ to Bringing Illegal ICOs to Justice

International cooperation is essential for eradicating ICO fraud, said Steven Peikin, co-director of the Securities and Exchange Commission’s enforcement division. Peikin made the remarks during a December 3 speech at Harvard Law School’s Program on International Financial Systems, where he discussed the astonishing growth of the ICO market. Continue reading International Cooperation ‘Critical’ to Bringing Illegal ICOs to Justice