Russia Reports 15% Increase in Number of Crypto Mining Companies

Russia Reports 15% Increase in Number of Crypto Mining CompaniesThe Russian crypto sector is expanding. The number of businesses operating mining facilities has increased this year, more Russians own cryptocurrency. Data confirming these trends has been presented by the country’s crypto and blockchain association, which also warned that delayed embrace of digital financial technology costs Russia a trillion rubles each year. Also read: Swissquote […]

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Swissquote Reports 44% Increase in Profit After Adding Crypto Services

Swissquote Reports 44% Increase in Profit After Adding Crypto ServicesSwiss online banking group, Swissquote, has benefited greatly from the addition of cryptocurrency investing to the set of services it offers, reporting a significant increase in its H1 2018 profits. The news comes while Switzerland is debating over how to keep crypto businesses in the country when the majority of Swiss banks refuse to provide […]

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What Is Open Banking, and Is It Good or Bad?

You know that major feature of blockchain technology? The one that cuts out the intermediaries and drives down the fees? Open banking is like fintech’s solution to that. If your bank is involved in open banking, it means that it’s part of a network of financial institutions. And between these institutions, your data is shared securely […]

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Coinmarketcap Responds to Accusations of Aiding Wash Trading

Coinmarketcap Responds to Accusations of Aiding Wash TradingCoinmarketcap (CMC), the web’s most popular cryptocurrency tracker website, has responded to accusations that it is implicit in supporting wash trading. This week, a platform called Crypto Exchange Ranks published detailed allegations of how CMC incentivizes exchanges to report fake volume. In a new blog post, Coinmarketcap has detailed its determination to support “transparency and […]

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Study Finds Cryptocurrency Rebalance Portfolios Outperform ‘Hodling’

Study Finds Cryptocurrency Rebalance Portfolios Outperform 'Hodling'Shrimpy cryptocurrency portfolio management is a platform that helps investors curate a portfolio with automated investment strategies. With the company’s portfolio experience, the Shrimpy team published a study that gives an informative technical analysis comparing two types of cryptocurrency investment methods: rebalance against holding (hodl). Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space   […]

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ATO to Target Crypto Traders Using International Data Agreements

ATO to Target Crypto Traders Using International Data AgreementsAustralia’s financial press is expecting that the Australian Taxation Office (ATO) will take a hard stance on cryptocurrency investors this tax season, with the ATO recently vowing to leverage international data-matching agreements in order to track the taxation obligations of Australian cryptocurrency traders. Also Read: The Weekly: Coinbase Custody Opens, Malta Adopts Crypto Law, Bittrex Invades […]

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The Poor Flip, the Rich Hodl, Startup Finds Out Tracing Its Tokens

The Poor Flip, the Rich Hodl, Startup Finds Out Tracing Its TokensThe team of a young Ukrainian crypto company has made an effort to collect some interesting data about what happened with their tokens after the sale. It turns out investors from developing countries are inclined to sell the coins within months after their listing, while buyers from developed nations tend to hold them longer. Also […]

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CFTC Subpoenas Leading Exchanges for Trading Data

CFTC Subpoenas Leading Exchanges for Trading DataAccording to anonymous sources cited by The Wall Street Journal, The United States Commodity Futures Trading Commission (CFTC) is coordinating with the U.S. Justice Department in conducting investigations into price manipulation in the spot BTC markets. The report claims that the CFTC launched a criminal probe into BTC price manipulation after several cryptocurrency exchanges rejected […]

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Data Prediction Sites Show More Conservative Cryptocurrency Price Forecasts

Data Prediction Sites Show More Conservative Cryptocurrency Price ForecastsThere are a lot of members within the cryptocurrency industry who have tried to predict the price of digital assets like Bitcoin Core (BTC). Furthermore, there are also a ton of bigwig Wall Street types who also try to predict the price of cryptocurrencies — While some of their BTC forecasts predict the currency’s value […]

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Top Ways Blockchain Tech Is Changing Social Media

Have you ever found yourself feeling like “social” media is actually the complete opposite? Not only does the content on it often cause depression and anxiety, but there’s a plethora of fake news, data leaks, and advertisers clamoring for attention. The EU’s GDPR is making things more complicated all around, and people are starting to […]

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