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Kraken Crypto Exchange Acquires Circle Trade OTC Desk of Circle Firm


Headquartered in San Francisco, the leading cryptocurrency trading exchange Kraken has broadcasted the news about its OTC arm acquiring the “Circle Trade” OTC desk of renowned crypto startup firm, Circle, on December 17 through an official blog post. The Kraken team addressed the deal as...

Plustoken Cash-Outs Could Be Behind BTC Price Drop, Says Report


On Monday, the blockchain surveillance company Chainalysis published an excerpt from the firm’s upcoming crime report that will publish in January. According to the Chainalysis research, the Ponzi scheme called Plustoken not only defrauded investors out of $3 billion but the scam “may...

Ciphertrace Says Banks Unknowingly Process $2 Billion in Crypto per Year


According to the blockchain analysis firm Ciphertrace, major U.S. banks process roughly $2 billion in digital currency transactions that go undetected every year. Ciphertrace disclosed a slew of financial institutions have not deployed the right KYC/AML infrastructure to detect unregistered...

Hybrid intelligence crypto fund


CoinMarketCap Daily Newsletter Your daily newsletter for 13 December, 2019 “Attitude is a little thing that makes a big difference.” - Winston Churchill In today's newsletter, we will be covering: Hybrid AI firm Cindicator launching crypto fund based on hybrid intelligence […] The post...

Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China


As the end of 2019 approaches, Coinshares Research has published its bi-annual mining report that contains informative research and observations about the bitcoin mining industry. Since Coinshare’s last report published in June, BTC’s hashrate grew by 50 exahash per second (EH/s)...

Andreessen Horowitz now has a free crypto school


CoinMarketCap Daily Newsletter Your daily newsletter for 12 December, 2019 “The roots of education are bitter, but the fruit is sweet.” - Aristotle In today's newsletter, we will be covering: VC firm Andreesson Horowitz (a16z)'s free 7-week crypto school A French-regulated […] The post...

Sweden’s Financial Authority Approves Swiss Crypto ETP Provider Amun


On December 10, Switzerland-based firm Amun AG announced the company’s base prospectus has been approved by the Swedish Financial Supervisory Authority (SFSA). The ETP provider said it has extensive plans to expand its digital asset ETPs throughout Europe, while Sweden shows “strong...

CBD Coffee Company Leverages Censorship-Resistant Nature of Crypto


On December 8, the U.S.-based coffee firm that uses cannabidiol (CBD) in its product, Crazy Calm, launched a promotion that aims to send $5 per order to the charity EatBCH. The founder of Crazy Calm, Matt Aaron, also detailed that the startup wanted to leverage the payment processor Shopify but...

Bitcoin Faces Firm Resistance Above $7,400 and Holds Bearishness


Bitcoin price trades above $7,200 and $7,300 after having dropped near to $7,000 BTC price soared as high as $7,772.62 in the past five days, but currently faces resistance at $7,400 followed by $7,500 The currency continues to trade in the selling zone; gains support from 5-day EMA and SMA Bitcoin...

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