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A Sign of Adoption: Line Says 62% of its Exchange Users Are New to Crypto
3.4.2020
Chat app operator Line says that 62% of its Bitmax crypto trading platform users have no prior experience in cryptoasset trading.
Bitmax is accessible from the Line chat app, which Line says has 83 million users in Japan. App users can access the exchange via a tab, and can also redeem points...
Revolut Brings Crypto Without Private Keys to 10m+ Users
3.4.2020
USD 5.5bn fintech Revolut has decided to open crypto trading feature to their "standard" customers earlier than planned, thus helping crypto adoption and securing another revenue stream during the global financial and economic turmoil, prompted by the COVID-19 pandemic.
The crypto...
Bitcoin And Altcoins Trend Turns Bullish
3.4.2020
Yesterday, we saw a positive price action, resulting in more upsides in bitcoin price above the USD 6,850 and USD 7,020 resistance levels. BTC/USD even climbed towards USD 7,250 before correcting lower. The price is currently (08:30 UTC) rising and it seems like it could revisit the USD 7,250 level...
Provably fair: every online casino should want to adopt it
3.4.2020
Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists.
Online gambling is a growing industry like few others. People love to play their favourite games of chance and, when it comes to speed and comfort, they prefer doing it from the safety of their...
Ripple Expands in Asia, Brave & CoinTracker Reach New Milestones + More News
2.4.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Adoption news
London-based international money transfer service Azimo and Thailand’s Siam Commercial Bank (SCB) have partnered...
Exclusive: QE Won't Trigger Hyperinflation, says World's Hyperinflation Expert
2.4.2020
The central bank of Zimbabwe issued a 100,000,000,000,000 note during the hyperinflation in 2009. It barely paid for a loaf of bread. There has been a lot of discussion recently on the effects of the COVID-19 pandemic on the global economy, on the measures taken by the governments to mitigate those...
Research: Bitcoin Still Correlated with US Markets, But Not for Long
2.4.2020
Bitcoin (BTC) prices have been correlated with American equities of late, but that situation is set to change, per a new report.
This was the key takeaway from a study published by Binance Research, a unit the global crypto exchange, aimed at uncovering the full effect of the current...
CoinMarketCap to Remain 'Independent' as Binance Confirms Acquisition
2.4.2020
Major crypto exchange Binance confirmed that it has acquired CoinMarketCap, adding that the biggest crypto market data provider will continue to be run as an independent business entity.
The company did not disclose any other details of the deal.
Brandon Chez, the founder of CoinMarketCap, will...
Bitcoin & Bitcoin Cash Holders More Profitable Than Ethereum & Litecoin Holders
2.4.2020
Judging from a blockchain analysis tool that works across a range of digital assets, the majority of holders of both bitcoin (BTC) and bitcoin cash (BCH) seem to be still “making money.” Ethereum (ETH) and litecoin (LTC) users are not so lucky.
The new set of tools, developed by blockchain...
US 'Largely Compliant' with FATF Recommendations, but Issues Remain
2.4.2020
The United States is "largely compliant" with recommendations around digital assets, but issues remain, says multi-government regulator whose recommendations are recognised as the global anti-money laundering (AML) and counter-terrorist financing (CTF) standard.
The Financial Action Task...
Prosecutors Charge Two Men over Coincheck Hack, But Not For Hacking
2.4.2020
Tokyo prosecutors have formally charged two men with handling stolen cryptoassets as part of the investigation into the January 2018 hack on crypto exchange Coincheck – still the biggest crypto heist in human history.
Per media outlet Nikkei, the two men, an Osaka-based 39-year-old and a doctor...
Bitcoin Merchant Resilience Amid Pandemic Surprises Analysts
2.4.2020
Analysts are surprised by the resilience of the bitcoin (BTC) merchant services, as well as by the lower drop in purchasing than expected. Furthermore, each of the three categories they inspected, reacted in their own way to the coronavirus-caused economic crisis.
Blockchain and analytics...
Bitcoin And Altcoins Look Primed For Further Upsides
2.4.2020
After a short term corrective decrease, bitcoin price found support near the USD 6,200 level. BTC/USD started a fresh bullish wave and gained momentum above USD 6,400. The price was able to surpass the key USD 6,550 resistance and it seems like it could continue to rise towards the USD 6,850...
Scammers Raise USD 4.9m in Ethereum in 2 Months + More News
1.4.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crime news
A South Korean scam operator has reportedly gathered around USD 4.9 million in ethereum (ETH) as part of a multi-level...
Miners Pressing Bitcoin Price, but Analyst See a Bright Future
1.4.2020
Miners are pressing bitcoin (BTC) price now, they'll likely press it more in the near future, but the future after that has a bull in it, analysts find.
Miner-led selling pressure for bitcoin is high and will probably increase even more in the months ahead as it goes through its halving expected...
Crypto.com Waives Credit Card Fees for Crypto Purchases for 3 Months
1.4.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Crypto.com Waives Credit Card Fees for Crypto Purchases for 3 Months
Additionally, up to 20% back on essential purchases (food, groceries and delivery)
<HONG KONG, April 2, 2020> - Crypto.com announced...
66,000 Spanish Crypto Traders Warned to Pay Tax on their Earnings
1.4.2020
Source: Adobe/Hugh O'Neill
Either more Spanish citizens than ever before traded in cryptoassets in the past financial year or the country’s tax authorities have become more adept at monitoring citizens’ crypto-related activities. That appears to be the takeaway after Spanish tax authorities said...
Will New P2P Legislation Hurt South Korean DeFi Industry?
1.4.2020
South Korean decentralized finance (DeFi) players have called for calm after some experts claimed that forthcoming legislation could effectively hamstring the nation’s fledgling DeFi market.
Many industry insiders have expressed alarm over a recent amendment made to a digital finance act pertaining...
PayPal to Make New Blockchain, AML Hire in New York
1.4.2020
Payments giant PayPal could be set to take another dip into the world of blockchain – as it is set to recruit a director for Anti-Money Laundering (AML) and Blockchain Strategy for its New York office.
Per the now-expired job posting published in March, PayPal said it was seeking a new recruit,...
Coin Race: Top Winners & Losers of March and 1st Quarter of 2020
1.4.2020
Though the month of March, the last of the year's first quarter, started promising, it witnessed a major plunge of the market. The number one coin by market capitalization, bitcoin (BTC), took a swift dive to the USD 4,000 level and despite it recovered around 50% of its losses it dropped for...