Today in the news:

• The total cryptocurrency market cap has dropped below $250 Billion.
• The SEC has put two Bitcoin ETF proposals back on the table and the SEC chief appears to be softening his sentiment toward ICOs.
• India bans banks from dealing in cryptocurrencies.
• The EOS' team has launched EOSIO Dawn 3.0.
• And more crypto news below...

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Latest Crypto News - April 06, 2018

Bitcoin Eyes $6K After Key Resistance Fails to Hold

Bitcoin (BTC) risks falling to $6,000 in the next 24 hours, but there is limited room for a drop below that level, the technical studies indicate.
_{Read more: www.coindesk.com}

More sources about Bitcoin's price:

• Cryptocurrency Market Dips Below $250 Billion, Bitcoin Price Struggles at $6,600

Is Every ICO a Fraud? 'Absolutely Not' Says SEC Chief

The SEC's highest-ranking official appears to be softening his sentiment toward ICOs. At a Princeton University event Thursday, SEC chairman Jay Clayton went so far as to reject the idea that all ICOs are fraudulent, answering "absolutely not" to a question centered on whether his agency's actions against the founders of blockchain projects amounts to such an admission.
_{Read more: www.coindesk.com}

Other sources:

• ICOs Are 'Absolutely Not' All Fraudulent Says the Chairman of the SEC

SEC Quietly Puts Bitcoin ETF Proposals Back on the Table

The US Securities and Exchange Commission (SEC) has quietly begun considering two Bitcoin ETF proposals, public documents show.
_{Read more: www.ccn.com}

Other sources:

• SEC Initiates Formal Proceedings on Coveted Bitcoin ETF

In a Blow to Bitcoin, India Bans Banks from Dealing in Cryptocurrencies

In what amounts to a major clampdown down on bitcoin and other cryptocurrencies, the Reserve Bank of India (RBI) announced in a press release today, April 5, 2018, that it is banning banks and regulated financial entities from dealing with digital currencies.
_{Read more: bitcoinmagazine.com}

Other sources:

• Indian Cen Bank Bans Regulated Institutions from Dealing with Crypto

EOS Takes Another Step to Main Launch with DAWN 3.0 Release

The EOS ecosystem is on track for its main release in June, and the next step was made, a pre-release of the EOSIO ecosystem. The DAWN 3.0 release has all the functionalities of the upcoming main ecosystem, and is open for testing.
_{Read more: cryptovest.com}

Russia to Build a Crypto-Park to Encourage Economy Digitalization

Russian Association of Blockchain and Cryptocurrencies (RACIB) aims to deploy a grand-scale crypto-park in Stupino to facilitate fundraising via ICOs and develop blockchain-based products and decentralized apps, Cryptorussia portal reported.
_{Read more: cryptovest.com}

Spain's Tax Authorities Seek Crypto User Names and Bank Accounts

Spanish tax authorities have sent requests for information on cryptocurrency investors to over 60 companies, a source at the country's tax agency confirmed to CoinDesk following reports in local media.
_{Read more: www.coindesk.com}

Other sources:

• Spanish Tax Authority Seeks Cryptocurrency Users’ Details from 60 Companies: Report

Research: 14% of Young Japanese Male Professionals Own Cryptocurrency

On April 3, 2018, the New R25 Research Institute, an initiative of R25 Co., Ltd., published findings of its recent investigation of the “real currency holding” among businessmen ages 25-30, revealing 14% of young professionals owned cryptocurrency.
_{Read more: www.ccn.com}

Major Exchanges Show No Interest in Listing Ripple’s XRP

Even major cryptocurrencies and digital assets can struggle to get listed on specific exchanges. For example, Ripple is trying to get on more US-based trading platforms, yet it has failed to make an impact. Even attempts to “bribe” exchanges have not succeeded so far.
_{Read more: themerkle.com}

Monero Fork Underway In Bid to Block Big Miners

A planned hard fork of privacy-centric cryptocurrency monero has just executed and the community is keenly observing the results.
_{Read more: www.coindesk.com}

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