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The majority of crypto markets appear to have regained correlation with bitcoin, with BCH, ETH, LTC, DASH and many other major markets dumping in unison with BTC. For bitcoin, today’s retrace down to test the $11,000 USD line comprises the sixth consecutive day that BTC has lost value after testing the $20,000 area, whereas BCH […]
The post Markets Update: Major Crypto Markets Dump in Unison appeared first on Bitcoin News.
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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 […]
The post Popular Chat App Kakao’s Exchange Upbit Claims Number One Spot in South Korea appeared first on Bitcoin News.
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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 […]
The post Markets Update: Bitcoin Price Continues to Feel Bearish Sentiment appeared first on Bitcoin News.
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This week it seems the euphoria from the introduction of CME Group and Cboe’s bitcoin-based futures markets has fizzled. Since both companies announced launching their futures products, the price of bitcoin gained over three times its value in just 45 days. Since the derivatives markets have begun the futures products’ volumes has been lackluster, and […]
The post Market Optimism Declines as Bitcoin Futures Euphoria Ends appeared first on Bitcoin News.
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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 […]
The post Japanese Entertainment Giant DMM Unveils Details of Crypto Exchange to Launch Next Month appeared first on Bitcoin News.
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The Philippine central bank, Bangko Sentral ng Pilipinas (BSP) and the country’s regulators are planning to create regulatory standards for digital assets like bitcoin. This week the BSP Deputy Governor, Chuchi Fonacier, said the bank is working with the Securities and Exchange Commission in order to create regulatory guidelines for Philippine businesses and exchanges who […]
The post The Philippine Central Bank Considers Regulation Standards for Bitcoin appeared first on Bitcoin News.
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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 […]
The post ‘7 Million Transactions a Second’ — Research Paper Declares 1TB Blocks Feasible appeared first on Bitcoin News.
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Bitcoin Cash (BCH) has experienced dramatic bullish action recently, gaining over 100% against USD in just three days. As of this writing, BCH is consolidating at approximately $3,800 after breaking above $4,000 for the first time ever. BCH’s bullish momentum has coincided with a more than 20% drop in the price of bitcoin core (BTC). […]
The post Markets Update: Bitcoin Cash Rallies to $4000 — While BTC Markets Dip appeared first on Bitcoin News.
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The South Korean cryptocurrency exchange affiliated with Kakao Talk has recently become the center of regulatory controversy. Upbit is the only major exchange in Korea that has not joined the other exchanges in support of self-regulation. Their agreement with Bittrex raises the question of how the regulation applies to them. Meanwhile, the exchange is having […]
The post Major Korean Crypto Exchange Upbit at Center of Regulatory Controversy appeared first on Bitcoin News.
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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 […]
The post Markets Update: Several Coins Surging as Crypto-Economy Value Tops $600 Billion appeared first on Bitcoin News.
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