The Daily: Crypto Vault in Hong Kong, ‘Herd of Institutional Investors’ in Crypto

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A Hong Kong-based investment firm is planning to launch a new crypto-custody service to address the growing interest from institutional clients, and we’ve covered the story in today’s Bitcoin in Brief. Also in The Daily, billionaire Mike Novogratz expects an influx of institutional investors into the crypto space; a new survey claims 30 percent of … Read more

Japanese Crypto Exchanges Submit Business Improvement Plans

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Six government-approved cryptocurrency exchanges in Japan have submitted their business improvement plans to the country’s top financial regulator. While improving their internal systems, most have also engaged in different areas of business expansion. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Six Business Improvement Plans Submitted Six of Japan’s 16 government-approved cryptocurrency exchanges have … Read more

Ethereum Price: Battle for $470 is in Full Effect

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The rather uneasy situation across all cryptocurrency markets continues unabated. With Bitcoin still soaring, altcoins continue to struggle for any real momentum at this stage. The Ethereum price has finally found some support and is slowly bouncing back after a few rough days. Successfully maintaining the $470 price level will not be easy. Ethereum Price … Read more

India Exchange Unocoin Suspends Withdrawals Following Central Bank Demands

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“Deposits/Withdrawals Notice,” came the post title from popular Indian cryptocurrency exchange Unocoin this week. “As per orders from RBI,” the exchange explained, “bank INR withdrawals and INR Deposits have temporarily been disabled. Once an alternative method of funding is identified and deployed, we will resume the deposit and withdrawal services.” Also read: Cryptowhispers: DDoS Attacks, … Read more