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Report: High Remittance Fees and Unstable Rupee Drive Crypto Adoption in India
27.5.2020
Indians are flocking to cryptocurrency due to high remittance fees and the difficulty of exchanging rupees to a more stable currency
Crypto Custodian BitGo Joins Race to Provide Prime Brokerage Services
27.5.2020
BitGo is entering the prime brokerage space following the launch of its lending business, announcing a new entity to serve institutional traders
This Week in Crypto: A Data Perspective
27.5.2020
Powered by In this new format, IntoTheBlock will be looking at key weekly developments in the crypto space from aContinue Reading
The post This Week in Crypto: A Data Perspective appeared first on CoinMarketCap Blog
Challenges That Traders Face While Changing Their Crypto Exchange
27.5.2020
Cryptocurrency trading presents an attractive opportunity for investment. Just like the investors keep on putting their money in the equity markets, we are now witnessing the traction of investors towards cryptocurrency exchanges. Take, for instance, the rising popularity of the-bitcoin-profit.com...
South Korean Crypto Tax ‘Coming Next Year for Traders, Miners & ICOs’
27.5.2020
South Korean ministries have pledged to impose tax on cryptocurrency trading and crypto mining “from next year.”
Per reports from E Daily and Decenter, the Ministry of Economy and Finance is preparing to make an amendment to the existing Income Tax Act that will include clauses about taxing...
Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode
27.5.2020
Bitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode. The latest market update from Glassnode shows that the GNI index, which measures the overall state of the Bitcoin network, dropped 18% or...
New Crypto Bull Run ‘Inevitable’ Says Data Analytics Company CEO
27.5.2020
A new crypto bull run could be on its way as a result of government economic measures and mainstream interest
Cameron Winklevoss on Crypto Regulation: “Free-for-Alls Don’t Work”
26.5.2020
The Winklevoss twins believe crypto regulation and customer freedom can meet in the middle
Industry Leaders Battle over the Future of Crypto in New Documentary
26.5.2020
New documentary reflects on the competing narratives shaping the crypto industry
Swiss Government Rejects $103 Million Bailout for Crypto Companies Battered by Coronavirus
26.5.2020
Switzerland’s government has rejected a 100 million franc ($103 million) bailout for local cryptocurrency companies battered by the coronavirus economy, local media reported. Zug finance director Heinz Taennler requested the special funding package in April. He planned to issue out loans...
India’s Central Bank Removes Lingering Confusion Over Banking for Crypto Firms
26.5.2020
India's commercial banks can indeed provide banking services to traders and firms dealing in cryptocurrencies, the RBI has clarified
Satoshi Didn't Sign Craig Wright Message, Says Crypto Researcher
26.5.2020
Researchers examine whether a message signed by a 2009 miner and calling Craig Wright a fraud may have been signed by Satoshi Nakamoto
Delta Crypto Exchange to Expand Into Indian Market With New Funding
26.5.2020
New funding from CoinFund will help Delta establish a further presence in the Indian market
Crypto Researcher Warns Of a Growing Systemic Risk To Bitcoin
26.5.2020
The growing custodial banking layer creates a systemic risk for Bitcoin (BTC), warned popular crypto researcher Hasu and offered two solutions.
While some say that Bitcoin could be scaled by increasing its block size, allowing more transaction per block, this would worsen the assurances of...
RBI Confirms No Ban on Cryptocurrency Exchanges, Businesses or Traders in India
26.5.2020
India’s central bank, the Reserve Bank of India (RBI), has confirmed that there is no longer any banking ban on crypto exchanges, companies, or traders. This follows the supreme court decision to quash the RBI circular prohibiting banks from providing services to any customers dealing...
Samsung’s New Chip to Secure Crypto Transactions on Mobile Devices
26.5.2020
South Korean electronics corporation Samsung continues its commitment to crypto technology with its latest security chip
RBI Says No Restrictions on Banks Providing Accounts to Crypto Traders
26.5.2020
RBI’s recent response to an information request shows that Indian banks are not prohibited from dealing with cryptocurrency business
Everything You Should Know About Crypto Giveaway Scams
26.5.2020
When discussing the biggest innovations in the financial space over the years, specifically after the advancement of technology, we cannot overlook cryptocurrencies. The out-of-the-box concept that knocked our doors in 2009 was an untiring attempt of a group of people under the pseudonym of Satoshi...
How Bitcoin Mining Changed After the Halving
26.5.2020
Bitcoin’s third-ever halving this May was arguably the top crypto event of the year — especially since the coronavirus pandemicContinue Reading
The post How Bitcoin Mining Changed After the Halving appeared first on CoinMarketCap Blog
Indian Crypto Exchange CoinDCX Raises $2.5M From Polychain Capital, Coinbase Ventures
26.5.2020
India's largest crypto exchange, CoinDCX, has secured a $2.5 million strategic investment led by Polychain Capital with support from Coinbase Ventures