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Protests Led RBI to Raise PMC Bank’s Withdrawal Limit

27.9.2019
The Reserve Bank of India has relaxed the withdrawal limit of 1,000 rupees (approximately $14) it placed on a cooperative bank a couple of days ago. The central bank said it aims to reduce the hardship of depositors after many heavy protests followed its original order. Also read: Panic at 137 Bank...

Latin American Payment App Mercado Pago Can Be Topped-Up With Crypto

26.9.2019
The Atlanta-based blockchain payment provider Bitpay has announced the firm has partnered with Mercado Livre, one of the largest ecommerce providers in Latin America. The collaboration provides people with the ability to purchase Mercado Livre gift cards with cryptocurrencies such as bitcoin cash...

Tauros Would be Accepting Crypto Payments via Debit Cards

26.9.2019
The banking company, Tauros claimed that they would accept payments from their customers in cryptocurrencies if, the customers use their debit cards. The banking firm announced that their new digital accounts would let customers deposit money via tokens like Bitcoin and will also accept fiats....

Monex Offers Crypto Rewards to Shareholders Furthering Japanese Adoption

26.9.2019
Owner of popular Japanese crypto exchange Coincheck, Monex Group, has now announced it will reward shareholders in the company with crypto. Shareholders are to receive a BTC dividend provided they have a Coincheck account. With Japan viewed as one of the top crypto adoption hotspots globally,...

Bitcoin (BTC) Continues to Struggle; Falls to $8,300 Now

26.9.2019
Bitcoin loses 4.34% to be placed near 8,300 USD. The next support may come at 8,293 USD. Bitcoin continued to struggle in a queue for the second day. Over the last 24 hours, it has been down by 4.34%, and the BTC price has now fallen to 8300 USD price range. Yesterday, the coin touched … The...

Despite Lower Prices, Bitcoin’s Hashrate Remains Strong

26.9.2019
People watching cryptocurrency markets have been patiently waiting for prices to rise and the overall sentiment to change. However, one thing that’s been extremely bullish these days is how BTC’s hashrate has doubled in the last three months. Even with today’s sluggish crypto...

Appetite for Bitcoin Futures Is Growing

25.9.2019
After all the fanfare, fevered anticipation, and breathless media coverage, Bakkt’s launch of bitcoin futures on Monday was a damp squib. Despite the rollout of physically delivered BTC futures going without a hitch, volumes were low, while the less said about bitcoin’s price in...

Bitcoin’s Network Hashrate Plunges To 40% Flash Crash

25.9.2019
A piece of shocking news was observed in the industry after Bitcoin’s network Hash rate was dipped to record low at 57,700,000 TH/S from 98,000,000 TH/S. Within 14 hours, Hashrate dipped sharply to half of its previous value, which indicates that almost half of the security has been removed, which...

Japanese Cryptocurrency Giant BitFlyer Introduces 5 New Altcoins

25.9.2019
The Tokyo based crypto exchange BitFlyer is incorporating new 5 altcoins to its portal in the USA and Europe. Five altcoins are added in Europe, and three in the United States. In a recent Bitwise report, bitFlyer was acknowledged as ‘Real-10’ crypto firm in a report to the U.S. Securities...

Bitcoin (BTC) Faces Mayday, After 11% Loss it Confines to $8600

25.9.2019
BTC loses big over the last 24 hours to be placed at 8600 USD. It may seek the support of 8059 USD soon. Bitcoin has witnessed one of the worst days of recent times. Over the last 24 hours, it has been down by more than 11% and the value has been fallen to 8600 … The post Bitcoin (BTC) Faces...

Panic at 137 Bank Branches as RBI Limits Withdrawals to ₹1,000

25.9.2019
The Reserve Bank of India has imposed regulatory restrictions on a cooperative bank with 137 branches across India, including limiting customer withdrawals to a total of 1,000 rupees (approximately $14) per account for six months. Police personnel had to be deployed to control angry customers...

Market Update: Low Volumes and Uncertainty Shake Crypto Traders

24.9.2019
The majority of digital currency markets have lost a few percentages over the last few days as cryptocurrency trade volume has been waning. Since our last market outlook, more than $20 billion in global trade volume disappeared and this Tuesday’s market data shows there’s only...

OKEx Defends Itself from Wash Trading Accusations With a BTC 100 Bet

24.9.2019
After Blockchain Transparency Institute (BTI), the group of anonymous blockchain data researchers and enthusiasts, reported that a large majority of cryptocurrency exchange OKEx's volume is fake, the exchange’s CEO Jay Hao wants to challenge this claim with a bet worth BTC 100 (USD 970,000)....

Blockstack CEO Backs US Regulatory Outlook on Crypto

24.9.2019
Notable co-founder and CEO of blockchain-based computing network, Blockstack, Muneeb Ali has created a buzz with his statement on crypto regulatory regime. The spearhead in a recent interview on CNBC’s “Squawk Box” stated that he was cautiously optimistic about the regulatory pull emphasized by...

Major German Stock Exchange Group Launches Crypto Trading

24.9.2019
Boerse Stuttgart Group, which operates Germany’s second-largest stock exchange, has launched a regulated crypto trading platform, in partnership with Solarisbank. Customers can connect directly to the new exchange and trade bitcoin against the euro without a broker. Also read: Indian...

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