The South Korean government has announced that six major banks will be ready to provide services to cryptocurrency exchanges this month. Under the new system, the government requires exchanges to share user data with banks. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto Regulations Exchanges to Share Data with Banks The Korean […]
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After a strong Saturday, the global market has dropped over 10%. Bitcoin (BTC) is down 8% to US$11,500, and a over 75% of the top 100 coins have also lost Bitcoin value in the past 24 hours. However, there are a handful of strong contenders that have overcome this dip. Among these are Waltonchain (WTC) and VeChain (VEN). VEN is up 2% in USD, currently trading just above $US8.00, with a BTC value of just under 70k sats. WTC is down a slight 2% in USD, and trading around US$29.00. Today’s performance of both coins is symbolic of their sizable
More than half of Russians have some knowledge about bitcoin, according to a new survey. Awareness is higher among young people and in major cities. Three quarters of the Muscovites feel informed about the leading cryptocurrency thanks to 185,000 publications in news outlets. Bitcoin is the most popular word in Russian social media, another study shows. […]
From Israel to Australia, commercial banks in various parts of the world have tried preventing people from entering the cryptocurrency market by blocking money transfers to bitcoin exchanges. Now the largest consumer association in Portugal has called out a local bank for trying to do the same. Also Read: U.S. Rating Agency to Issue Bitcoin […]
It was the best of times, it was the worst of times. From the hubris and excess of the North American Bitcoin Conference to the gloominess of the crypto markets, it’s been a feel-o-coaster of a week. Fear, uncertainty and doubt were the overarching emotions amidst a turbulent seven days, but there was also space […]
This week the sponsor of the Bitcoin Investment Trust, Grayscale Investments has announced the launch of a 91-for-1 stock split of the Trust’s issued and outstanding shares. According to Grayscale, the division will take place on January 22 and shareholders will receive 90 more shares on top of their original shares held. Also read: Markets Update: […]
Many European cryptocurrency investors are about to get another venue for investing in bitcoin cash with their regional fiat. The GDAX exchange will start offering BCH/EUR trading again in just a couple of days. Also Read: Bitcoin Cash Added to Keepkey Wallet, Exchanges in India and Hong Kong BCH/EUR on GDAX GDAX exchange, a subsidiary […]
Whenever cryptocurrency exchanges issue their own coins, some people will be wary. After all, such currencies can only be traded on the main exchange, which makes them seem prone to market manipulation. In the case of Binance Coin, things appear to be looking pretty good. It is an interesting cryptocurrency in its own right, especially because it has surged in value by so much. Why Does Binance Need its own Coin? That is always the main question to ask when exchanges decide to make moves like this. Native exchange-traded currencies which can’t be exchanged anywhere else also make for an interesting
The initial coin offering industry is still very popular as of right now. It is evident this business model has also created a few more problems in terms of regulations and lawsuits. Cointopia aims to become a new ICO-oriented platform which focuses on creating a stronger community for this sector. Moreover, Cointopia wants to become a comprehensive solution for token sales and post-ICO management. It’s a very interesting concept which could help legitimize the industry as a whole. Cointopia Focuses on the ICO Industry The main bread and butter of Cointopia is matching users with the best upcoming ICOs. Rather than presenting
Additional Wall Street money might start making its way into cryptocurrency investments soon. An American rating agency is set to issue grades for bitcoin and a host of altcoins this week, possibly opening the door for more fund managers to enter the field. Also Read: Bitcoin Hardware Wallet Maker Ledger Raises $75 Million from VC Investors […]