Markets Update: Cryptocurrency Prices Rebound During the First Week of July

Markets Update: Cryptocurrency Prices Rebound During the First Week of JulyCryptocurrency markets are doing better this week since our last markets update as the entire digital asset economy is now valued at around $270.4Bn. Most digital currencies are up between 7-25 percent over the last seven days and trade volumes have picked up over the last week as well. The trend reversal has given enthusiasts […]

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Markets Update: Cryptocurrency Prices Tumble Before the Weekend

Markets Update: Cryptocurrency Prices Tumble Before the WeekendCryptocurrency markets are slumping today as most digital asset markets are seeing losses between 8-20 percent over the past 24-hours. Lots of speculators are attributing the dump to the recent measures taken by Japan’s Financial Services Agency (FSA), asking cryptocurrency exchanges like Bitflyer to make improvements to the Japanese trading platforms’ anti-money laundering practices. Also […]

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With No One Price Law for Bitcoin, Japan’s FSA Debates Restrictions on Leverage

With No One Price Law for Bitcoin, Japan’s FSA Debates Restrictions on LeverageThe different prices of bitcoin and other cryptocurrencies between countries and exchanges have led investors to seek arbitrage opportunities, a trend noticed by financial regulators around the world. Discussions are underway at the Japanese Financial Services Agency on restricting leverage. Also read: This Village Decided to Launch Japan’s First Municipal ICO Value of Bitcoin up 10% After […]

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FSA Study Reveals 3.5 Million Cryptocurrency Traders in Japan

FSA Study Reveals 3.5 Million Cryptocurrency Traders in JapanThe Japanese Financial Services Agency (FSA) has been investigating a variety of cryptocurrency trading platforms to make sure they are following Japan’s digital currency regulatory policy. Just recently the FSA published a report stemming from their investigations that reveals a lot of statistics about how many cryptocurrency traders reside in Japan, and other types of […]

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Markets Update: Cryptocurrency Prices See Some Slight Recovery

Markets Update: Cryptocurrency Prices See Some Slight RecoveryThe price of bitcoin and a slew of other cryptocurrencies have started to see some slight recovery on Tuesday, April 3rd’s morning (EDT) trading sessions. The entire economy of over 1,500 different cryptocurrencies has increased in value surpassing a $278 billion market capitalization with 5-20 percent gains. Also read: Huobi’s Sentiment Index Shows Cryptocurrency Investors Still […]

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Markets Update: Trader Sentiment Optimistic But Signals Still Unclear

Markets Update: Trader Sentiment Optimistic But Signals Still UnclearCryptocurrency markets are bouncing around in value over the course of the weekend as the entire crypto-market capitalization currently rests at $329 billion USD. BTC/USD markets briefly jumped above the $9K region on Sunday, March 25 but dropped an hour later to a low of $8,398. Most of the digital currencies within the crypto-economy have […]

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Markets Update: Crypto Assets Spike But Traders Are Skeptical

Markets Update: Crypto Assets Spike But Traders Are SkepticalMost of the top crypto assets are seeing gains today as many cryptocurrencies suffered losses over the past week. BTC/USD markets reached a weighted average of $9,892 across global exchanges during the overnight trading sessions. This rise follows BTC/USD prices touching a low of $8,366 on March 9 and many other digital assets reaching lows […]

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132 Customers File Class Action Lawsuit Against Coincheck

132 Customers File Class Action Lawsuit Against CoincheckThis week local Japanese news outlets report that the exchange Coincheck, who suffered from a $530Mn USD loss of the cryptocurrency NEM, is facing a class action lawsuit. Reports detail that 132 Coincheck customers have banded together asking for a refund of 228 million yen ($2Mn). Also read: Digital Currency Group Welcomes Bitcoin-Friendly Bank to the […]

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South Korea Finds Nearly $600 Million in Crypto Crime

South Korea Finds Nearly $600 Million in Crypto CrimeReports from the 대한민국 Republic of South Korea (ROK) indicate its Customs Service announced on Wednesday, 31 January 2018, it has discovered “cryptocurrency crimes” which amount to nearly 600 million USD. Also read: Nassim Nicholas Taleb vs David Birch on The Bitcoin Standard South Korea Customs Service Finds Almost $600 Million in Cryptocurrency Crime ROK Customs […]

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Japan’s Largest Bank to Launch Cryptocurrency Exchange

Japan's Largest Bank to Launch Cryptocurrency ExchangeAs bitcoin trading becomes the new mainstream in Japan, leading financial firms are stepping in to offer services to preserve their market share. MUFG, the largest bank in the country, is now planning to launch its own exchange, a pegged cryptocurrency and bitcoin segregated accounts for clients of other exchanges. Also Read: Some UK Mortgage […]

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