Bookmarking Crypto Insights
The 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 … Read more
Bitcoin Cash turns one — a look at the altcoin’s journey after its controversial fork from the Bitcoin blockchain in 2017 Go to Source Powered by WPeMatico
With Binance entering its Coin of the Month voting season, now is a great time to discuss the common practices of crypto exchanges. While exchanges are a necessary element of the industry, they are still lacking in a number of areas. One feature which particularly bothers investors is how slow most exchanges are to list … Read more
Crypto markets have seen their second day of losses, with Bitcoin dipping below $7,500 and virtually all major cryptocurrencies in the red Go to Source Powered by WPeMatico
The crypto mining business has become a multi-billion dollar industry, and one company has had the lion’s share. Bitmain Technologies has dominated the mining hardware manufacturing industry, and according to a new report, the firm is now valued at over $14 billion. The report further revealed that the Beijing-based firm had made $1 billion in … Read more
Japanese financial services giant SBI Holdings plans to develop a crypto derivatives platform following new investment in an American trading platform developer Go to Source Powered by WPeMatico
A Japanese company listed on the Tokyo Stock Exchange is offering loans secured by three cryptocurrencies: BTC, BCH, and ETH. Clients can borrow up to 300 million yen (~$2.7 million) at varying interest rates. The company has also established a subsidiary overseas for its crypto business. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space … Read more
Mike Novogratz is making a big bet on the role of cryptocurrencies in the near future. The billionaire investor has been one of the most fervent and bullish crypto believers despite the market’s unpredictability, especially in the last few months. And now, after patiently waiting for months, his crypto merchant bank, Galaxy Digital LP, is … Read more
The Securities and Exchange Commission has been grappling with the crypto industry as it strives to formulate rules for an industry that evolves faster than any other. While it’s yet to come up with a comprehensive set of rules, the commission is taking steps in that direction, and it’s appointed the first-ever senior adviser for … Read more
Looking at the monthly charts, July saw BTC produce its second best performing month of price action during 2018 after gaining in value by more than 20%. By contrast, the majority of leading cryptocurrency markets by capitalization posted their third consecutive red monthly candle. Stellar was the highest performing top crypto market during July, gaining … Read more
