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The global demand from investors and speculators for Bitcoin has been rising steadily. After 2017’s crazy bull run, no one wants to miss out on the next leg up. Despite all of the hardship during Q1 of 2018, it seems things are looking up again. LedgerX has confirmed that its Bitcoin derivatives trading volume is increasing rapidly. Bitcoin … Read more
Urdubit, a leading Pakistani bitcoin exchange, has closed down permanently. The news came after the central bank of Pakistan announced a ban on dealings with cryptocurrencies. The trading platform urged customers to withdraw their funds “as fast as possible”. Its team confirmed on social media its operations had been suspended due to the prohibition of … Read more
The State Bank of Pakistan (SBP) has issued a circular on the “prohibition of dealing in virtual currencies”. The measure comes right after a similar move by the central bank of neighboring India. Commercial banks and payment providers have been told to stay away from crypto operations. They should not facilitate transactions of virtual currencies … Read more
This week the cryptocurrency exchange Huobi’s educational subsidiary ‘Huobi Research’ conducted a survey with close to 2,000 individuals from 23 different countries to get a visual of what cryptocurrency sentiment looks like today. As cryptocurrencies have slid in value over the past three months according to the report, 77.9 percent of those polled were still … Read more
A new set of regulations for ICOs has been presented by the Russian Ministry of Communications. Companies organizing token sales will be obliged to guarantee that investors can sell back their tokens. Coin issuers will have to prove they control at least 100 million rubles of authorized capital in a Russian bank account. Also read: … Read more
Bitcoin has endured another small slump. After spending nearly 24 hours at $7,100, bitcoin’s price has dropped by $200 and now stands at $6,900. This has become something of a routine over the past two weeks. Bitcoin jumps a bit, then falls a bit. While nothing huge appears to be happening, bitcoin resistance levels seem … Read more
Reports have alleged that many Chinese cryptocurrency investors are seeking middle-men agencies on Wechat to facilitate their transactions in order to bypass the nation’s prohibitive virtual currency regulations and access exposure to initial coin offerings (ICOs). Also Read: Ford to Use Cryptocurrency for Inter-Vehicle Communication System ICO Token Brokerages Allow Chinese Investors to Bypass Ban According … Read more
Cryptocurrency exchange Youbit has reportedly re-emerged after a series of hacks and a bankruptcy filing, amid an insurance claim controversy and civil lawsuits. The exchange continues to operate after it was sold and renamed, local media reported. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Insurance Claim Denied DB Insurance, one of … Read more
At times when the Indian crypto community is dealing with increasingly hostile environment, an initiative is bringing new investors on board. Bitcoin gift vouchers are gaining popularity in India’s IT hub – Hyderabad. A growing number of Indians like the idea of a cheap and low-risk entry into cryptocurrencies. Also read: Tax Filing Platform Teams … Read more
Purchasing and selling cryptocurrency is about to become simpler for hedge funds and institutional investors, as a new Blockchain-based terminal is promising to offer transparency via sophisticated compliance software. Disclosure: This is a Sponsored Article The Blockchain Terminal (BCT) is a desktop designed to bring together the data and information which chief compliance officers (CCOs,) … Read more
