China-Based Crypto Exchange Coinex Pays Interest in BCH

Crypto exchange Coinex will pay out long-term dividends, interest, in bitcoin cash (BCH) for coinex token (CET) holders, according to its website announcement. “If your CET holdings are on Coinex, we’ll calculate the dividends into BCH and allocate directly to your accounts,” the company explained. Also read: Bitcoin Cash Speaker Series II Brings Leading Bitcoiners … Read more

Bitcoin Price Watch: Currency’s Volatility Has Seemingly Dropped

Bitcoin is unchanged over the last 48 hours and is still trading for roughly $6,500. The price is virtually unmoving, as during yesterday’s price piece we discussed the long “sideways” trend it was following. However, where bitcoin has changed – at least according to one source – is in its volatility. The volatility of bitcoin … Read more

Bitcoin Distribution Process Was ‘Fairest’ Possible System, Study Claims

Dan Held, co-founder of Interchange, published a summary on Thursday about the perceived fairness of Satoshi Nakamoto’s initial distribution of bitcoins. The director of the institutional-grade cryptocurrency portfolio management service argues that the Bitcoin protocol’s earliest cryptocurrency distribution processes remain the most honest and equitable to date, particularly in comparison with the methods favored by … Read more

Bitcoin.com Wallet Will No Longer Feature the Shapeshift Service

This week we wanted to let our wallet users know that we are sunsetting the Shapeshift API in the Bitcoin.com Wallet. The trading platform Shapeshift has decided to change the firm’s business model to a membership platform that requires the user to submit ID/KYC information.  Also read: Bitcoin Cash Games — Play Your Favorites Faster With … Read more

Nordic Region’s Largest Bank Nordea Suspected of Money Laundering

The largest bank in the Nordic region, Nordea, is reportedly suspected of being part of a major international money laundering scandal. The scheme allegedly involved a Russian client and took place over multiple years at an international branch of the bank that is now closed. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator … Read more

September Volume Report: Altcoins See Increase in Trade Activity

September saw all but three of the top twenty cryptocurrency markets post an increase in monthly trade volume. XRP pairings saw the strongest month-over-month volume gain, with 30-day volume tripling when compared with August. Also Read: Markets Update: Crypto-Traders Patiently Wait for a Break Out  BTC Stagnates, USDT and ETH Post Strongest Volume Since Q2 Despite … Read more

Four Court Cases Confirm Cryptocurrencies Are Commodities in the US

Cryptocurrencies are commodities, according to four court cases involving the U.S. Commodity Futures Trading Commission (CFTC). A federal judge recently ruled that a token is a commodity, certifying the CFTC’s authority to prosecute fraud and manipulation in the crypto space. In her ruling, the judge cited three other crypto-related cases that arrive at the same … Read more

Markets Update: Crypto-Traders Patiently Wait for a Break Out

Cryptocurrency prices have remained in a consolidated pattern over the last two weeks with a few ups and downs, but have remained fairly stable in recent days. The overall market capitalization of all 1900+ cryptocurrencies is valued at $221 billion with close to $12 billion worth traded over the last 24-hours. Also read: Bitpay Phases Out … Read more

Bitpay Phases Out Crypto-Debit Cards for European Cardholders

The global cryptocurrency payment service provider, Bitpay, has announced the company’s loadable cryptocurrency debit card services will no longer work for European customers later this month. Bitpay has emailed all of its European card holding customers and revealed it is in the midst of sunsetting all Bitpay accounts related to the Wave Crest-issued Bitpay card. … Read more

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