Bithumb Exchange to Reportedly File for IPO in South Korea
The South Korean exchange is reportedly looking into a stock market launch despite local regulatory uncertainty. Go to Source Powered by WPeMatico
Month: June 2020
Australian Watchdog Warns of Spike in Crypto Scams During Coronavirus Pandemic
Australia’s Securities and Investment Commission says that between March and May, investment scams of all types rose by 20% as compared to the same period in 2019. Go to Source Powered by WPeMatico
Bitcoin Price Dips as Two Mining Pools’ Daily BTC Outflows Hit $68M
HaoBTC and Poolin shift over 7,000 BTC as bullish tendencies appear to fade and BTC/USD falls back to $9,500. Go to Source Powered by WPeMatico
Low Exchange Reserves Suggest Futures Traders Are Over-Leveraged
The number of Bitcoins held on exchanges continues to decline despite growing open interest in the futures markets. Go to Source Powered by WPeMatico
Messari: 1% Allocation From Institutions Could Drive BTC to $50,000
Crypto research firm Messari has estimated that Bitcoin could trade for $50,000 each if institutions allocate a low-single-digit portfolio percentage to BTC. Go to Source Powered by WPeMatico
Ousted Bitmain Co-Founder Offers to Buy $4 Billion in Shares
Micree Zhan released a scathing letter directed towards fellow Bitmain co-founder Jihan Wu, offering to buy out control of the company. Go to Source Powered by WPeMatico
CoinMetrics Finds the ‘Coinbase Effect’ is Actually Pretty Lame
CoinMetrics has found that the impact of Coinbase Pro listing announcements is overstated, producing price performances ranging from -1% to +14% over 20 days. Go to Source Powered by WPeMatico
WhatsApp Payments Suspended by Brazil’s Central Bank
WhatsApp’s payment features have been suspended in Brazil less than one month after the Facebook-owned app rolled them out. Go to Source Powered by WPeMatico
Why Binance.com.au is Now Delivering Flowers
Top crypto exchange Binance has lost a domain name dispute with an Australian florist over the website binance.com.au. Go to Source Powered by WPeMatico
Supreme Court Limits SEC’s Power to Seek Punitive Fines on Crypto Firms
The US Supreme Court made a ruling on June 23 which will limit the amount of fines the SEC can impose on crypto and blockchain firms. Go to Source Powered by WPeMatico