Top Cryptocurrency Markets Dip While Traders Play the Range
After the tight trading range over the last few weeks, many people joked about cryptocurrency prices remaining stable indefinitely. Of course, most crypto enthusiasts know better and on Monday, after a dull trading weekend, the majority of digital asset markets saw price declines across the board. Bitcoin (BTC) prices saw a low of $6,208 and […]
Multy Crypto Wallet Enables Multisignature Scheme for Android and iOS
Multy, an open-source mobile wallet for Bitcoin and Ethereum, announced enabling multi-signature scheme for wallets with more than one owner. This feature makes it easy to control company and family budgets by several owners of one wallet. Vadim Makovsky, Co-founder and CEO of Multy stated, “In Multy, we believe that using cryptocurrencies should be secure, […]
Bakkt Could Get Regulatory Green-Light for its Bitcoin Futures as Soon as Next Week
Intercontinental Exchange’s Bakkt could get the green-light to launch its bitcoin futures product as soon as next week, according to a source with direct knowledge of the situation. Bakkt, the cryptocurrency platform, in recent weeks has been meeting frequently with regulators from the Commodities Futures Trading Commission to get its product approved. A source said […]
Sony Develops Cryptocurrency Hardware Wallet Technology Using IC Cards
Sony Computer Science Laboratories, Inc. has developed a contactless IC card type cryptocurrency “hardware wallet technology *1 ” by utilizing Sony Corporation’s IC card technology. Currently, many cryptocurrency users are trading cryptocurrencies using online wallets *2 from the locations where they initially purchased their cryptocurrencies. When a user owns a cryptocurrency, what they actually own […]
Square’s Open-Sources Bitcoin Cold Storage Solution
Late last year, Square began offering the ability to buy and sell Bitcoin with Cash App. As part of that launch Square invested heavily in building out our cryptocurrency infrastructure to help protect Square customers’ funds, and Square itself, from both internal and external threats. Cryptocurrencies like Bitcoin require private keys to access and move […]
Cryptocurrency Exchange Coinbase Launch Digital Dollar USDC
Cryptocurrency exchange and brokerage giant Coinbase has provided a major stamp of approval to one of several recently launched USD-pegged cryptocurrency “stablecoins” seeking to supplant tether (USDT) as the leader in this burgeoning market niche. The San Francisco-based Coinbase on Tuesday announced that beginning today, customers can buy, sell, send, and receive USD Coin, the […]
Crypto Market Consolidating in Response to Low Prices
Bearish sentiment in the cryptocurrency market has driven an industry-wide increase in mergers and acquisitions, with such deals spiking by more than 200 percent year on year in 2018. According to figures compiled by JMP Securities for Pitchbook, 115 deals have already been announced throughout the world this year, with roughly 30 more expected by […]
SVPool is Open for Business for Bitcoin Miners
SVPool is open to all public miners on the Bitcoin BCH network. The public BCH mining pool is a personal initiative of nChain Chief Scientist Dr. Craig S. Wright. SVPool (meaning Satoshi Vision Pool) is for BCH miners who support the original Satoshi Nakamoto vision for Bitcoin and want to generate more long-term revenue. BTC […]
Cryptocurrency Market Worth $1.40 Billion by 2024
According to the new market research report on “Cryptocurrency Market by Offering (Hardware: GPU, FPGA, ASIC, & Wallet, and Software), Process (Mining and Transaction), Type, Application (Trading, Remittance, Payment: Peer-to-Peer Payment, Ecommerce, and Retail), and Geography – Global Forecast to 2024”, published by MarketsandMarkets™, the Cryptocurrency Market is projected to reach USD 1.40 billion by […]
U.S. City Ephrata Ban on New Cryptocurrency Mining
Ephrata joined the ranks of Grant County cities temporarily banning cryptocurrency development after the city council voted Wednesday to block new cryptocurrency operations for the next 12 months. “A moratorium means taking a break,” council member Kathleen Allstot said. “This is a one year break. … We wait to see what’s going, make sure this […]
U.S. Jewelry Retailer Marks Jewelers Accepting Payments in Cryptocurrency
U.S. jewelry retailer Marks Jewelers has started accepting payments in cryptocurrency, including bitcoin cash. Shoppers can now pay for luxury goods such as fine diamonds, watches and engagement rings using BCH and seven other digital currencies. In addition to BCH, the company is now accepting payments in cryptocurrencies such as bitcoin and ether. “This will […]
Cryptoasset Taxonomy Report Reveals a Concentration of Crypto Power
Cryptocompare, the cryptocurrency market data aggregator, has published a Cryptoasset Taxonomy Report. The nearly 80-page document is designed to provide investors, regulators and the industry with an independent classification of coins and tokens to help differentiate from a long list of ever-growing options. The report is based on an analysis of over 200 crypto assets, […]
SimpleFX Makes CFD Trading Fast and Easy Like Never Before with the Launch of the New SimpleFX WebTrader Tool
SimpleFX, one of the fastest growing CFD platforms, has just released a new version of SimpleFX WebTrader with the goal of becoming the fastest and easiest of all trading tools available at present. The company has also joined hands with the affiliate tracking platform Unilink.io to help its clients enjoy real-time revenue tracking benefit and […]
World Payments Report 2018: Digital Payments are Experiencing a Boom
Digital payments are experiencing a boom, driven by developing markets, according to the World Payments Report 2018 launched today from Capgemini and BNP Paribas. However, the innovation landscape in payments is uncertain as BigTech1 entrants make their presence felt, and incumbents face technical and regulatory complexity in the development of new collaborative payments ecosystems between […]
Iranian Bitcoin Transactions Estimated at $3.8M Since 2013
The U.S. organization, known as Fincen, issued the warning in an advisory to assist U.S. banks and other financial actors such as cryptocurrency exchanges in identifying “potentially illicit transactions related to the Islamic Republic of Iran.” The document includes a lengthy section relating to crypto, as well as an estimate that “since 2013, Iran’s use […]
Fidelity Investments Launches New Company, Fidelity Digital Assets
Fidelity Investments, one of the world’s largest and most diversified financial services providers with more than $7.2 trillion in client assets, today announced the launch of a new company, Fidelity Digital Asset Services, LLC (“Fidelity Digital Assets”). The company will offer enterprise-quality custody and trade execution services for digital assets, commonly referred to as cryptocurrencies, […]
Fake News Site Uses Prime Minister Jacinda Ardern to Promote Bitcoin
Prime Minister Jacinda Ardern’s office has reported a series of Facebook ads using her image to sell cryptocurrency as fake news. The ads were targeted specifically at Kiwis and pointed readers to a website dressed up to look like CNN, with a fake news story about the New Zealand Treasury supposedly investing half of its […]
UK Cryptocurrency Regulations Could Take up to Two Years Based on Comparable Regulatory Extensions
UK regulation of the cryptocurrency market would take two years to introduce based on comparable extensions of the FCA’s remit. James Kaufmann, Legal Director at RPC says that this based on the best-case scenario where proposals in the recent House of Commons Treasury Committee report* start to be progressed. The process of introducing the necessary […]
