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Crypto-Broker Instacoins Receives Operating License in Estonia


Disclaimer: The text below is a press release that was not written by Cryptonews.com. ________________ Instacoins Estonia OÜ, a cryptocurrency brokerage, is pleased to announce it has received an operating license from the Estonian Financial Intelligence Unit (FIU). The company is now fully...

$10K Bitcoin Prompts Influencers to Call a Bull Market


Cryptocurrencies have gained significant value over the last few weeks and it’s causing exuberance among digital currency proponents. Now a number of traders and influencers believe bitcoin and other coins are in bullish territory. Despite the surge to $13K last July and the deep pullback...

XRP Plummets 56% in One Candle, Bitmex Traders Outraged Over Flash Crash


A number of XRP traders are complaining about massive liquidations on Bitmex as the price of XRP spiked and was brought down by 56% in a single candle. After the incident, well known traders with leveraged positions took to Twitter to complain about the upset as some investors were completely...

Crypto Lending Startup BlockFi Raises USD 30M, Plans Singapore Office


Zac Prince, co-founder of BlockFi. Source: a video screenshot, Youtube, Bitcoin Archives Following the millions raised in the series A funding, major U.S.-based cryptocurrency lending startup BlockFi sees almost 64% more in funding just six months later. Also, they're about to open a Singapore...

Crypto Exchange Model Disruptor FCoin Reports 'Severe' Damages, Data Loss


Source: iStock/traffic_analyzer Something is happening over at FCoin, a Chinese crypto exchange, and it resulted in the mysterious case of missing data. Meanwhile, the exchange opened a withdrawal process. FCoin was founded by the former CEO of Huobi exchange, Zhang Jian. It's said to be...

IRS Says No Taxes on Gaming Cash, Crypto Regulation Remains Hazy


U.S. taxpayers have been freed from tax obligations on gaming transactions carried out with virtual cash, according to recent language modifications to the Internal Revenue Service (IRS) webpage. However, confusion still remains in the IRS tax regulations for real cryptocurrencies. The website...

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