Auto Added by WPeMatico
At one time the Beijing-based digital currency exchange Huobi was once the largest bitcoin trading platform in China before the central bank stopped domestic exchanges from trading cryptocurrencies. This month Huobi has revealed its carved a deal with the Japanese financial institution SBI Group and will be launching two new cryptocurrency exchanges in Q1 of […]
The post The Bitcoin Exchange That Once Dominated China Is Heading to Japan appeared first on Bitcoin News.
Powered by WPeMatico
2017 was an extraordinary year, as Bitcoin gained acceptance on Wall Street and altcoins generated multi-hundred-fold gains. #ANALYSIS
Powered by WPeMatico
Analysts Yoshiyuki Suimon and Kazuki Miyamoto claim bitcoin will assist Japan in a Gross Domestic Product (GDP) boost of 0.3% heading into the first three months of 2018. At the end of 2017, the cryptocurrency boasted a ¥12 trillion market capitalization, and if trends continue into early this year, that could translate into lifting Japanese […]
The post Japan’s GDP Grows Due to Bitcoin Wealth Effect appeared first on Bitcoin News.
Powered by WPeMatico
South Korea’s cryptocurrency exchanges have implemented changes to comply with the government’s mandates announced last week. In addition to restricting certain customers from trading cryptocurrencies, the exchanges have stopped issuing new virtual accounts in accordance with the regulators’ real-name requirements. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Government’s Mandates […]
The post South Korean Exchanges Revise Policies to Comply with Crypto Regulation appeared first on Bitcoin News.
Powered by WPeMatico
In 2017, Bitcoin price increased exponentially and the number of businesses that accepted Bitcoin grew by the thousands. Is this is a coincidence? Let’s take a look at the data. #NEW YEAR SPECIAL
Powered by WPeMatico
Hodling does wonders for Japan’s economy, local analysts suggest. #BRIEF
Powered by WPeMatico
The crisis of 2008, which nearly crippled the financial world, was a loud and clear warning that our financial system had become a house of cards. Its integrity depended on the continued solvency of over-leveraged financial institutions. Disclosure: This is a Sponsored Article At the time, I was working as a Senior Data Architect in the trading room of one of Germany’s biggest banks. It was there that we witnessed up close the freezing of accounts, ATMs shutting down and credit cards deactivated. It became clear that owning physical gold and silver – not gold derivatives – was one ofPowered by WPeMatico
The Venezuelan government has published a decree outlining the operation of Venezuela’s national cryptocurrency, the Petro. It details the government’s plans for the new currency, including its issuance, mining, and trading. In addition, the Petro will be backed by 5 billion barrels of crude oil. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, […]
The post Venezuela Unveils Mining, Trading, and Launch Details of National Cryptocurrency appeared first on Bitcoin News.
Powered by WPeMatico
On December 30th, 2016 the price of bitcoin (BTC) was $960 USD, and since then the price had risen 1,941 percent 350 days later to an all-time high of $19,600 across global exchanges. Now the price rests at roughly $13-14K but a lot more has changed this year besides the significant price rises of bitcoin […]
The post 2017: The Year of Altcoins, Forks, and Five Digit Bitcoin Prices appeared first on Bitcoin News.
Powered by WPeMatico
Anyone who took a look into Experience Points (XP) over the summer is undoubtedly wondering how the project grew from the tiny $350,000 market cap over 1000 times to what it is currently trading at. XP is currently trading at a price of about 1/5 of a penny, and sits at rank 61 on Coinmarketcap. Experience Points, which first launched in 2016 and was relaunched this past summer, is reminiscent of the types of coins launched in 2014 and 2015. Like older coins, the only real distinction XP provides is the mining algorithm, distribution rates rates, and total supply. XP does providePowered by WPeMatico