DIGIT

PR: Coinloan Opens Platform to Bridge Gap Between Lenders and Borrower

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CoinLoan, an Estonia-based startup, has launched a crypto-to-fiat lending platform where cryptocurrency is used as collateral. From now on, crypto-backed loans are available for users all over the world. On CoinLoan, everyone can become a lender or a borrower, on his or her own terms. The platform’s primary objective is to link counteroffers and ensure … Read more

Giant Bitcoin Merchant Bank Posts Losses Over $130 Million

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Galaxy Digital, one of the earliest and largest cryptocurrency merchant banks in the space, founded by billionaire Mike Novogratz, posted first quarter earnings. Published accounts suggest the firm has lost $134 million due to a combination of an extended bear market and the usual course of starting a large company. Many analysts wonder aloud what … Read more

South Korean Regulator Presses Lawmakers to Pass Crypto Bill Urgently

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South Korea’s top financial regulator has urged lawmakers to pass the country’s first crypto bill quickly, citing the urgent need from rising incidents at crypto exchanges. There are currently several crypto-related laws pending at the National Assembly. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Law Urgently Needed South Korea’s top financial regulator, … Read more

Openbazaar Users Can Now Trade 1500 Cryptocurrencies With No KYC

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This Friday the decentralized marketplace Openbazaar announced the release of its 2.2.2 version which adds a variety of new features and improvements. One particular feature added to the latest Openbazaar release allows users to trade 1,500+ cryptocurrencies with no fees. Moreover, all the swaps are peer-to-peer trades between two parties with no KYC process.  Also … Read more

Research Finds Number of Crypto Funds has Exceeded 300

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According to analytics firm Autonomous Next, the number of active crypto funds has reached 312 – a 24% increase from the end of 2017. Also Read: You Can Become a Citizen of Antigua and Barbuda for Less Than 13 BTC Number of Active Crypto Funds Reaches 312 The number of cryptocurrency funds has significantly expanded in … Read more

US Gallup Poll Shows Only 2% of American Investors Own Bitcoin

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According to a Wells Fargo Gallup Investor and Retirement Optimism Index poll, just 2 percent of Americans surveyed own bitcoin. The poll is based on US adults who have at least $10,000 or more invested in things like mutual funds, stocks, and bonds. The Gallup survey also reveals that 26 percent of the US residents … Read more

Crowd Psychology Driving BTC Prices, Finance Experts Say

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According to a survey conducted among finance professionals, ‘crowd psychology’ is the main factor determining the movements of bitcoin market prices. More than half of the polled experts shared this opinion. Many of the individuals surveyed also expressed concerns about the issue with crypto custody, saying that the way cryptocurrency is stored now prevents BTC from becoming … Read more