Bookmarking Crypto Insights
Auto Added by WPeMatico
The largest cryptocurrency exchange in South Korea by trading volume, Bithumb, has reportedly been sold to a Singapore-based consortium for approximately 400 billion won or $354 million. Bk Global Consortium, led by plastic surgeon Kim Byung-gun, will acquire the controlling stake and become the largest shareholder of Bithumb. Also read: 160 Crypto Exchanges Seek to Enter … Read more
Japanese crypto exchange Zaif has concluded a business transfer agreement with another regulated crypto exchange in Japan. Fisco Cryptocurrency Exchange will take over all of Zaif’s services and will be responsible for repaying users who lost their coins when Zaif was hacked last month. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals … Read more
At press time, the father of cryptocurrency is remaining in the $6,200 range. The price is down by roughly $300 since Wednesday, when bitcoin had seemingly found longstanding comfort in the $6,500 range. Bitcoin had remained here for several days, though the latest fall was probably to be expected considering the recent (and hefty) drop … Read more
The cryptocurrency markets appear to be consolidating following the significant sell-off that transpired on Thursday. The event saw BTC produce the largest percentage red daily candle posted since Sep. 5, driving losses across most major markets. ZRX was the most notable exception to the bearish price action that erupted through most cryptocurrencies, rallying significantly following … Read more
The current market conditions do not warrant too much excitement where the Bitcoin price is concerned. After yesterday’s steep drop, it is only normal a lot of traders are now hedging their bets. With a relatively strong “sell signal” across the charts, the following three predictions are worth paying attention to. #3 The Troublesome Outlook … Read more
The largest crypto exchange in South Korea by trading volume, Bithumb, has launched two cryptocurrency market indices. One tracks all coins listed on the exchange while the other tracks only altcoins. Meanwhile, Upbit, the country’s largest crypto exchange by the number of coins listed, has two similar indices and sub-indices divided into three broad categories. … Read more
Well, so much for loving $6,500. After what feels like weeks of simply hovering at $6,500 and refusing to budge, the father of cryptocurrency has plunged by over five percent within the last 24 hours and is now trading for a measly $6,200. It’s probably fair to say that 2018 has not been the year … Read more
In a drastic turn of events, Ethereum, the world’s second largest cryptocurrency by total market capitalization, has seen a drop of more than 11% in its relative value during the past 24-hours. As is clear from the chart below, Ether’s downward slide started yesterday afternoon when within a couple of hours the currency stooped from … Read more
There’s a new exchange system under development called Zigzag.io, an app that allows users to swap bitcoin core for other digital assets like bitcoin cash, dash, and ethereum over the Lightning Network. The beta application is currently available to test cryptocurrency trades as the project launched on the main-network during the first week of September. … Read more
A major cryptocurrency exchange in India, Unocoin, has confirmed that it is launching crypto ATMs. While a formal announcement has not been made, an image of one of the exchange’s ATMs spreading on social media suggests that the machines support at least five cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Unocoin’s Crypto … Read more