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Korean Presidential Committee Pushes to Legalize Crypto

31.10.2019
A South Korean presidential committee is pushing for the government to establish legal status for cryptocurrency to stay competitive globally. So far, the government’s policies have been risk-focused to curb speculation, which the committee says must change. Also read: China Ranks 35 Crypto...

Primer on Cryptocurrency Price Discrepancies and Arbitrage Opportunities

30.10.2019
It is not difficult to observe that cryptocurrency prices can trade at different prices across multiple exchanges.  Price discrepancies in LTC/BTC   In this blog post, we will provide a primer on why such price discrepancies exist, and briefly address how […] The post Primer...

Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq

30.10.2019
Mining rig manufacturer Canaan has filed for an IPO with the U.S. Securities and Exchange Commission to raise $400 million on the Nasdaq Global Market. Prior to this filing, the company had also attempted to go public in Hong Kong and China. Credit Suisse and Citigroup are among its underwriters....

Exchange Tokens Have Outperformed BTC This Year

29.10.2019
Few crypto assets have outperformed bitcoin this year, but the handful that have are predominantly exchange tokens. Their success attests to that of the token sale launchpads they have hosted, which have in turn driven demand for exchange tokens. But as IEOs start to wind down, can exchanges...

Why Bitcoin is the Best Coin to Mine and Still Makes for a Profitable Venture?

29.10.2019
The evolution of the cryptocurrency concept has led to the development of a whole new ecosystem in today’s modern economy. Digital coins require several supporting technologies that include the likes of blockchain and the internet, among others. Also, the role played by the internet of things (IoT)...

China Ranks 35 Crypto Projects as President Xi Pushes Blockchain

29.10.2019
China has been on a roll with a series of crypto-related announcements. President Xi Jinping’s speech to accelerate the development of blockchain technology in China was followed by the passing of a cryptography bill. Meanwhile, China’s Center for Information and Industry Development...

After Breaking New Records Bakkt Announces Crypto Consumer App

28.10.2019
Following the all-time record of 1,179 contracts on October 25, Mike Blandina, Bakkt’s chief product officer, revealed the firm is launching another strategy after announcing its December options launch. Bakkt is releasing a consumer application so retail investors can “unlock the value...

Stealth Miners on the BCH Network Attract Scrutiny

28.10.2019
In roughly 17 days, the Bitcoin Cash network will upgrade by adding two new features to the protocol. Meanwhile, prior to the forthcoming changes, a large percentage of the BCH hashrate is being processed by unknown miners. Crypto proponents have been very focused on the hashrate and BCH pool...

Indian Crypto Trading Volumes Accelerate on Positive Sentiments

28.10.2019
Cryptocurrency trading volumes in India have accelerated despite regulatory uncertainty and banking restrictions imposed by the Reserve Bank of India (RBI). Global trading platforms and service providers have also been expanding their operations to serve Indian users. Also read: Mistakes Crypto...

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