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Telegram Drops TON Cryptocurrency Project After US Prohibits Global Distribution
13.5.2020
Popular messaging app Telegram has shut down its TON cryptocurrency project. Telegram founder Pavel Durov explains that a US court has stopped his TON project and prevented the gram cryptocurrency from being distributed to investors, not just in the US but globally. Telegram Discontinues...
If Blockchain Is the Door to the Future of Finance, Liquidity Is the Key
13.5.2020
Liquidity should be seen as the primary indicator of the overall health of markets and exchanges — and also as a crucial factor for economic trading
17,000 Creditors Hope to Recover Assets Lost to Defunct Exchange QuadrigaCX
13.5.2020
QuadrigaCX trustee Ernst & Young has received close to 17,000 proofs of claim from creditors, denominated in various fiat and cryptocurrencies
$2 Billion Cryptocurrency Hedge Fund Industry Set to ‘Grow Significantly’
13.5.2020
Cryptocurrency hedge funds’ assets under management have been increasing significantly, rising to more than $2 billion at the end of last year, according to a recent survey. The crypto hedge fund industry is expected to “grow significantly” along with the price of bitcoin. Hedge...
Most Crypto Users Think QuadrigaCX CEO Faked Own Death
13.5.2020
Viewers polled at Consensus: Distributed believe Gerald Cotten from the defunct crypto exchange QuadrigaCX may still be alive
Buying Corporate Bonds and ETFs: US Federal Reserve Continues to Bailout ‘Too Big to Fail’
12.5.2020
The U.S. Federal Reserve has continued its schemes of monetary easing and funding a number of private banks during the Covid-19 outbreak. On Monday evening, the Fed revealed it would be buying corporate bonds and exchange-traded funds using the entity’s Secondary Market Corporate Credit...
JPMorgan Chase Starts Accepting Bitcoin Businesses for Banking Services
12.5.2020
JPMorgan Chase has reportedly started providing banking services to bitcoin businesses, with the first two clients being Coinbase and Gemini exchanges. JPMorgan also recently recommended having cryptocurrency in investment portfolios as its CEO, Jamie Dimon, changed his mind about bitcoin. JPMorgan...
New User Registrations on Binance Approach All-Time High Amid Bitcoin Halving
12.5.2020
Binance’s CEO said that the number of new user registrations has reapproached the levels seen at the peak of the 2017/2018 parabolic bull run
JPMorgan Provides Banking Services to Crypto Exchanges Coinbase and Gemini
12.5.2020
Coinbase and Gemini reportedly had their accounts approved with JPMorgan Chase in April
Binance Invests in Major Indonesia Crypto Exchange Tokocrypto
12.5.2020
Major cryptocurrency exchange Binance is cementing its presence in Indonesia, announcing an investment in a major domestic regulated exchange Tokocrypto
Tether USDT Surpasses XRP as the 3rd Largest Cryptocurrency
12.5.2020
Stablecoin Tether has just surpassed XRP as the third-largest cryptocurrency and is now the second-largest altcoin behind Ethereum’s Ether (ETH)
Up to 30% of Bitcoin Miners Close Shop as Business Turns Unprofitable After Halving
12.5.2020
About a third of Bitcoin (BTC) mining firms may already be switching off their machines as the business becomes unprofitable due to a reduction in mining rewards. The third Bitcoin halving – consummated earlier today – reduced supply of the pioneering cryptocurrency, cutting the bonus...
Ammous and Voorhees Come to Consensus on Failures of Centralized Powers
11.5.2020
Two of the cryptocurrency space’s most outspoken critics of central banks spoke about failures during the current coronavirus pandemic and how Bitcoin could have prevented them
Binance.US Launches OTC Trading Platform
11.5.2020
Top crypto exchange’s U.S. branch now supports over-the-counter (OTC) trades
A Crypto Trader’s View on Managing Risk
11.5.2020
As we all know, cryptocurrency is the most volatile market in the world, at least for the last few years.Continue Reading
The post A Crypto Trader’s View on Managing Risk appeared first on CoinMarketCap Blog
Paxful P2P Trading Integrated Into Infinito Wallet
11.5.2020
Multi-crypto wallet Infinito is integrating Paxful’s P2P trading services into its platform
Bitcoin Mining Markets Heat Up: Ebang’s $41M Deficit, Bitmain’s Alleged 2020 Revenue
10.5.2020
The Chinese ASIC mining rig manufacturer Bitmain reportedly pulled in $300 million in revenue during Q1 2020. Meanwhile, as Bitmain claims to be regaining market share, the firm Ebang recently applied with the U.S. Securities and Exchange Commission (SEC) for initial public offering (IPO) status....
Chinese Court Rules Bitcoin Is Asset Protected by Law
9.5.2020
A court in Shanghai, China, has reportedly ruled that bitcoin is an asset protected by Chinese law in a case that has dragged on for years. The case involves a theft of two different cryptocurrencies, one being bitcoin, from an American. The defendants argued that bitcoin was not recognized under...
Cryptocurrency News From Japan: May 3 - May 9 in Review
9.5.2020
Multiple exchanges posted positive fiscal year end numbers, a self-regulatory agency listed crypto asset market price references, and more headlined news from Japan this past week
Award-Winning Filmmaker Torsten Hoffmann Launches Bitcoin Documentary Cryptopia
9.5.2020
This week filmmaker Torsten Hoffmann launched the cryptocurrency-infused documentary “Cryptopia: Bitcoin, Blockchains and the Future of the Internet.” Cryptopia discusses the powerful economy and flourishing ideas that stemmed from Satoshi’s invention through the eyes of some...