Popular Chat App Kakao’s Exchange Upbit Claims Number One Spot in South Korea

Kakao’s cryptocurrency exchange Upbit now claims to be the largest crypto exchange by volume in South Korea, one of the top three markets globally. Listing over 120 coins and leveraging Kakao Talk’s massive user base, Upbit currently facilitates an average daily trading volume of 5 trillion won. Also read: South Korea Clarifies Position After Reports of … Read more

Markets Update: Bitcoin Price Continues to Feel Bearish Sentiment

The price of bitcoin (BTC) has been suffering from a bearish decline since it reached $19,600 USD across global markets and had touched a low of $15,299 on December 21. Over the past two days, most of the other alternative digital asset markets were stable or made some significant gains. However, now that BTC markets … Read more

Japanese Entertainment Giant DMM Unveils Details of Crypto Exchange to Launch Next Month

Japanese entertainment conglomerate DMM Group, the operator of popular e-commerce site DMM.com with 27 million members, is preparing to launch a cryptocurrency exchange. 7 cryptocurrencies, 14 trading pairs, and margin trading will be offered. Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto Transactions DMM’s Crypto Exchange Opening January Japanese e-commerce … Read more

‘7 Million Transactions a Second’ — Research Paper Declares 1TB Blocks Feasible

This week a research paper was published by the founder of Lokad, a quantitative supply chain software company, and it details how terabyte blocks (TB) implemented into the bitcoin cash (BCH) blockchain could be “feasible both technically and economically.” Also Read: Thomson Reuters Adds Bitcoin Cash to Eikon Platform Research Paper Describes How Terabyte Blocks … Read more

The Bitcoin Cash Community Prepares for ‘Change the Address Day’

The Bitcoin Cash (BCH) community, developers, and businesses that support the decentralized currency are preparing for “Change the Address Day” scheduled for January 14. At that time the BCH network and its participants will upgrade the protocol’s address format to one proposed by Bitcoin ABC developer Amaury Séchet. Also read: Korean Cryptocurrency Exchange Youbit to Close … Read more

Markets Update: Several Coins Surging as Crypto-Economy Value Tops $600 Billion

This week on December 19 the cryptocurrency market capitalization for all digital assets has crossed a significant $609bn valuation. Digital currencies are becoming more valuable every day, and this week many of them touched new all-time price highs. Also Read: Thomson Reuters Adds Bitcoin Cash to Eikon Platform The Top Ten Cryptocurrencies Are All Seeing … Read more

Legendary Investor Bill Miller Now Holds Half His Hedge Fund in Bitcoin

With the launch of bitcoin futures by two leading American options exchanges, lending the cryptocurrency more credibility among mainstream investors, Wall Street is turning to known figures to explain the phenomena. One proven financial wizard they might listen to is legendary value investor Bill Miller whose hedge fund is now holding 50% of its assets … Read more

Thomson Reuters Adds Bitcoin Cash to Eikon Platform

Over 300,000 financial professionals working in asset management, hedge funds or other institutions now have access to bitcoin cash data directly via their Thomson Reuters Eikon platform. Also Read: Trading Bitcoin for an Altcoin Won’t Shield You From the IRS Anymore Toronto-headquartered multinational mass media and information firm, Thomson Reuters Corporation (NYSE: TRI), has added … Read more