Crypto Exchange Approved for Regulatory Sandbox License in Bahrain

A Dubai-based cryptocurrency exchange has reportedly become the first crypto exchange in the Middle East and North Africa (MENA) region to receive a regulatory sandbox license. The license was granted by the Central Bank of Bahrain and will take effect this week. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Exchange Received Sandbox … Read more

Ripple CEO: Bitcoin Controlled by Chinese, Absurd to Think it Could be Primary World Currency

Brad Garlinghouse, Ripple CEO, answered candidly during an interview about crypto’s prospects for the future. Among other criticisms, he stressed blockchain technology is mostly hype, and that bitcoin core (BTC) is controlled by Chinese miners and has no hope of being a world currency. Also read: Crypto and Virtual Reality Meet in Ken Liu’s Science … Read more

Korean Firm Keypair Launches Credit Card-Shaped NFC Hardware Wallet

A new hardware wallet has been launched by the South Korean financial tech firm Keypair. The company’s Keywallet Touch has an interesting design as it’s shaped like a credit card and utilizes NFC technology. The company says the device’s smart card chipset supports cryptocurrencies like bitcoin cash, ethereum, bitcoin core and litecoin, while also providing … Read more

Calm Before the Storm? Little Fluctuation Among Bitcoin, Altcoins in Past Week

In terms of activity, this past week has been no different than any other in the realm of cryptocurrency. With recent SEC and CFTC statements on cryptocurrency, Ripple’s multi-million dollar research fund, and EOS mainnet launch all taking place this week, the beginning of June has certainly been eventful. However, this has not translated into … Read more

Data Prediction Sites Show More Conservative Cryptocurrency Price Forecasts

There 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 … Read more

Markets Update: Leading Cryptocurrencies Break Above Bear Channels

The bullish action witnessed by the cryptocurrency markets last week has seen many leading markets break above the bearish descending channels which have guided price action in recent weeks. The last couple of days has seen the many markets retrace – with many traders closely watching to see if the markets can hold up and … Read more

Bitcoin Cash and Ethereum Trading Volume Soars But Ripple Keeps Falling

May was a bumper month for bitcoin cash and ethereum. Both digital assets saw a major increase in global trading volume compared to the month prior. BTC held steady, averaging $200 billion a month, but ripple didn’t fare so well, recording trading volume that was down 86% since January, mirroring its decline in price. Also … Read more

Japan’s SBI Cryptocurrency Exchange Now Live for 20,000 Users

SBI Holdings’ cryptocurrency exchange is now live for a limited number of customers and with one cryptocurrency supported so far. Starting today, the mega corporation’s crypto spot trading service is available for approximately 20,000 users. Its full crypto exchange launch for the general public is set for next month with two additional cryptocurrencies. Also read: Yahoo! … Read more

Huobi Creates Its Own Cryptocurrency Exchange-Traded Fund (ETF)

Why wait for Wall Street to launch exchange traded funds following the crypto markets? Huobi, the Singapore-headquartered cryptocurrency exchange, has decided to create its own ETF style instrument based on its recently launched index of ten digital assets.  Also Read: This Week in Bitcoin: Digital Money Makes the World Go Round Huobi Index Tracker Fund The … Read more

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