Rumor Spreads That Fed Will Announce Digital Dollar – January 17

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$8,898

Bitcoin price has gained 2% over the last 24 hours, appearing to be about to test the $9,000 level.

Top-20 altcoins have performed well, as Ethereum gains 4%, XRP 2%, and Bitcoin Cash 5%.

The day’s biggest gainer is Ethereum Classic, which is up 17%.

Top Stories for January 17, 2019 🔥

👉 Rumor Spreads That Fed Will Announce Digital Dollar

According to prominent blockchain venture capitalist Anthony Pompliano, rumors have been circulating that the Federal Reserve will announce a digital dollar.

He has claimed that the effort is similar to China’s movement to digitize the Yuan, and that an announcement could come as soon as this week.

👉 Uzbekistan May Launch National Mining Pool

The country of Uzbekistan has been reported to be exploring the creation of a national crypto mining pool and exchange.

Plans for the initiative were shared in a press conference by the country’s National Agency for Project Management (NAPM).

👉 SEC Issues Warning About IEOs

The United States Securities and Exchange Commission (SEC) has warned investors to take caution when investing in initial exchange offerings (IEOs).

The warning stated that IEOs “may be conducted in violation of the federal securities laws” and “lack many of the investor protections” of registered securities offerings.