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Bitcoin Drops Below $8K, Stocks See Volatility Amid Global Trade Tensions
4.6.2019
Virtually all of the top cryptocurrencies are today seeing deep red in a market-wide correction, with bitcoin dropping back below the $8,000 price point
Bitcoin.com’s Local Bitcoin Cash Marketplace Is Now Open for Trading
4.6.2019
The highly anticipated Local.Bitcoin.com is now available to the general public. As of right now, anyone in the world can use the service to trade bitcoin cash (BCH) securely. Since pre-launch signups were announced last month, thousands of traders have created accounts and there are over 2,200...
Morgan Stanley Predicts Recession Within a Year if Trade War Drags On
3.6.2019
The prolonged trade war between the United States and China has been one of the most damaging diplomatic and economic developments over the past few months. Despite the hope that the issue was going to be resolved, all talks broke down last month and soon enough, the problem escalated...
White House Economic Adviser Kevin Hassett To Step Down Soon
3.6.2019
Over the years, numerous high profile advisers and officials have left the Trump administration for a variety of reasons. However, the reason behind economic advisor Hassett’s departure is still unclear so far. Ever since Donald Trump became the president of the United States, the sudden departure...
Localbitcoins Removes In-Person Cash Trades Forcing Traders to Look Elsewhere
2.6.2019
On June 1, cryptocurrency enthusiasts were shocked to hear that the peer-to-peer exchange Localbitcoins has ceased offering in-person cash trades. According to a few users, all pending fiat trades have been canceled, leaving local traders who prefer cash high and dry and forced to seek other...
Bitwise Calls Out to SEC: 95% of Bitcoin Trade Volume Is Fake, Real Market Is Or
31.5.2019
Bitwise: 95% of BTC trade volume is fake, calls on SEC to acknowledge the market is stable
Litecoin Price Analysis: China-US Trade War Benefits Cryptomarket, Litecoin (LTC) Soon To Turn Green
31.5.2019
A China bond sell-off to give wings to Litecoin, Bitcoin, Ethereum, and XRP. Litecoin to soon recover intra-day drop. Litecoin experienced a steep fall in the intraday market. The coin touched its 24hr high at $119 but soon dropped due to the selling pressure. The investors of Litecoin are going...
Report: Robinhood Using Crypto Trade Execution Services From Jump Trading
30.5.2019
U.S.-based stock and crypto trading app Robinhood has reportedly been cooperating with Chicago trading firm Jump Trading for crypto trade execution services
How Could US-China Trade War Affect Crypto
30.5.2019
When we think about a war of any sort, trade war included, we don’t tend to think about anything remotely positive. Yet, the current US-China trade war, if it spreads into the US bond market, can see China selling-off US Treasuries, which might in turn make certain cryptos soar.
This possibility...
Bitfury, Tech Firm Mphasis Plan Blockchain Disruption in Trade Finance
29.5.2019
Blackstone-owned IT firm Mphasis has partnered with blockchain tech firm Bitfury to automate and tokenize trade finance processes
Crypto Assets Outshine Most Traditional Investments in 2019
29.5.2019
Last year, cryptocurrency proponents either complained about the low prices or celebrated the fact they could obtain cheaper coins. 2019 has been an entirely different story, however, as digital assets have started to gain significant value in comparison to traditional assets like stocks, oil,...
Blackstone Majority-Owned Indian Tech Firm Partners With Bitfury on Trade Finance Project
28.5.2019
Indian tech firm Mphasis — majority-owned by the U.S. multinational private equity firm Blackstone Group — has partnered with Bitfury on a forthcoming trade finance project
Kenetic Co-Founder: Bitcoin to Trade at $30,000 by Late 2019, Regardless of Bitcoin ETF
28.5.2019
Kenetic co-founder Jehan Chu has predicted that bitcoin will surge up to $30,000 by the end of 2019, regardless of the approval of a BTC ETF
South Korean Won Gets Hammered With Increase In Foreign Investments
27.5.2019
The rise in trade by South Korean investors in foreign stocks and bonds in the previous quarter is threatening to push the Won currency further down. An increase of 51 percent was observed in foreign stocks and bond trades by Korean investors in the last three months alone according to data...
Pressure Rises on Chinese Economy as Industrial Profits Shrink for April
27.5.2019
The downturn in the Chinese economy and the shrinking of domestic demand has been one of the biggest stories in international economics for the better part of a year. In addition to that, the turmoil brought upon by the damaging trade war with the United States has had its own effect on...
Traders Are Now Banned From Using Localbitcoins Exchange in Iran
24.5.2019
Traders from Iran have been banned from using the peer-to-peer trading platform Localbitcoins.com within the country. The Iranian section of the website displays a short message that states that the exchange is “currently not available.” The news follows significant Iranian rial trade...
3commas Helps You Balance Your Crypto Portfolio
24.5.2019
Hodling or liquidating your crypto assets are two extremes that are not the best investment strategies in most cases. 3commas is a platform that allows you to constantly rebalance your portfolio in order to limit losses and maximize profit. Also read: How to Easily Find a Bitcoin Cash ATM Near...
Wall Street Believes That the Trade War with China is Set to Continue
24.5.2019
The trade war between the United States and China has proven to be the biggest diplomatic and economic issue in the world over the past few months. However, following the escalation of tensions between the two sides over the past few weeks, there is a belief that the trade war is going to persist...
Grayscale Gets Regulatory Nod From FINRA for Ethereum Trust to Trade on OTC Markets
23.5.2019
Following regulatory approval, Grayscale’s third cryptocurrency trust is about to hit the retail market
Markets Update: Bulls Show Signs of Exhaustion as Crypto Prices Taper
23.5.2019
Cryptocurrency prices have dipped slightly since our last markets update as most digital assets are down between 2-7% over the last 24 hours. Today, on May 23, the market capitalization of the entire cryptoconomy is around $237 billion and the daily global trade volume is roughly $77 billion. Also...