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South African Bitcoin Investment Company Pushes Back Against Texas Scam Allegations
16.7.2020
Mirror Trading International (MTI), a South African bitcoin investment company at the center of a cease and desist order issued by the Texas State Securities Board (TSSB), is pushing back allegations that it is running a Ponzi scheme or a scam. MTI CEO Johann Steynberg issued a statement assuaging...
European Digital Bank Revolut Expands Bitcoin Trading Services to 49 US States
16.7.2020
British digital bank Revolut said Wednesday that it will start offering its cryptocurrency trading services in the U.S. Users in 49 U.S. states, excluding Tennesee, can now buy and sell bitcoin (BTC) and ethereum (ETH) through the Revolut app, it said. They can also store their digital assets...
CFTC Committee to Hold Remote Meeting on DLT and Digital Currencies
15.7.2020
An upcoming U.S. Commodity Futures Trading Commission, or CFTC, advisory group meeting will host talk on a number of topics, including Distributed Ledger Technology, or DLT, digital assets and trading
New Metric Suggests Imminent Volatility for Bitcoin
15.7.2020
The ratio of low exchange volume to high on-chain transaction volume frequently corresponds with increased volatility
Revolut's Crypto Trading App Expands to 49 States Following Significant Delays
15.7.2020
U.K. fintech giant Revolut makes crypto available to its users in 49 states following significant delays
UK Fintech Firm Revolut Brings Bitcoin, Ether Trading to US Customers
15.7.2020
Revolut customers in the U.S. can now buy, hold and sell BTC and ETH on the digital bank’s crypto platform, thanks to a partnership with Paxos
Emerging Markets Drive Paxful First Half 2020 Bitcoin Volume to $1.1 Billion
14.7.2020
Peer-to-peer (P2P) crypto exchange Paxful reported Tuesday that its bitcoin trading volumes climbed 35% to $1.1 billion during the first six months of 2020 compared to $817 million a year ago. More than $182 million worth of bitcoin (BTC), on average, was traded on the platform every month between...
Paxful Reaches the $4.6B Milestone in P2P Bitcoin Trading Volume
14.7.2020
Peer-to-peer Bitcoin trading platform Paxful crossed the $4.6 billion trading volume threshold as the company is entering its fifth year
Shariah Law Opens to Crypto Trading, but Full Adoption Highly Unlikely
14.7.2020
The Islamic world seems primed for widespread digital asset adoption, as well-respected scholars claim that crypto trading is fully compatible with Sharia law
Bitcoin and Altcoins Trading Near Make-or-Break Levels
14.7.2020
Bitcoin price made a couple of attempts to clear the USD 9,300 and USD 9,320 resistance levels. BTC failed to continue higher and recently declined by 1%. It is currently (08:30 UTC) approaching the USD 9,150 support, below which it could revisit USD 9,000.
Similarly, most major altcoins are slowly...
Data Says HODL! People Are Trading Ethereum (ETH) More, Bitcoin Less
14.7.2020
Exchange balances for ETH and BTC move in opposite directions in a new insight into investor sentiment
Crypto Exchange Coincheck Supports Trading for BAT Tokens
14.7.2020
Coincheck joins Japan-based exchanges GMO Coin and BitFlyer in supporting trading for Brave’s Basic Attention Token starting on July 21
Abra Crypto App Charged by SEC for Transactions Affecting Thousands of US Stock and ETF Purchases
13.7.2020
Abra cryptocurrency app has been charged by two U.S. regulators: the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The company has agreed to cease-and-desist orders as well as fines. The SEC says Abra’s employees “effected thousands...
Deposition of Craig Wright’s Wife Shows Little Understanding of Bitcoin Private Keys
13.7.2020
According to a court filing on June 30, the Kleiman v. Wright case has postponed the jury trial until October 13 in the Miami Division courthouse. Meanwhile, a deposition stemming from Craig Wright’s wife, Ramona Watts, shows that she has little understanding of how Bitcoin works after being...
Chainlink (LINK) Hits a Fresh ATH After 3 Years of Trading Sideways
13.7.2020
Chainlink hits a fresh All-Time High as its smart contract-based blockchain platform extends its services in all the dimensions possible. In one such recent news about Chainlink’s integration for a smart way of interaction through SMS messaging with the help of the Conflux Network. Here, Chainlink...
Japanese Exchange Holdings of Bitcoin Surged During the Pandemic
11.7.2020
Japanese holdings of cryptocurrencies such as Bitcoin, XRP, and Ether all surged during the coronavirus pandemic
On the Importance of Not Losing — A Guide to Compound Interest
11.7.2020
Finding a high-performance asset without insight is challenging, but systematically controlling losses is what is really needed to succeed
Bitfinex Must Face New York’s Accusations Over the Loss of $850M in Co-Mingled Funds
10.7.2020
The popular digital currency trading platform, Bitfinex must deal with the New York Office of the Attorney General (NYAG) over the alleged hiding of over $800 million in client and corporate funds. The NY state Supreme Court’s Appellate Division overruled an appeal on Thursday, after...
Bitcoin’s Correlation With Gold Is Weakening, Says New Kraken Report
10.7.2020
A drop in Bitcoin trading resulted in a six-month low of Bitcoin’s annualized volatility
Malaysian Shariah Council Permits Cryptocurrency Investing and Trading
10.7.2020
The Shariah Advisory Council of Malaysia’s securities commission has advised that it is permissible to invest and trade cryptocurrencies on registered crypto exchanges. About 60% of the country’s population are Muslims, many of whom have been reluctant to trade crypto in fear that...