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BitMEX Trades Record $16 Billion in One Day

BitMEX

On Wednesday, BitMEX, which is the world’s single biggest bitcoin derivatives provider, reported more than $1 billion of open interest on the market. Trading topped $13 billion, with the number topping $16 billion across the platform’s product range. Volume had swiftly risen above $10 billion in previous hours, leading CEO Arthur Hayes to declare any […]

Samsung SDS Expands Blockchain Business With Cloud-based Enterprise Platform

Samsung

On June 18, Samsung SDS introduced customers’ common pain points in adopting blockchain and announced its blockchain business direction and the solution to the pain points. When companies apply blockchain technology to their business, they have concerns on △Converging services across various industries △Connecting different blockchain technologies △Easy application and expansion of blockchain in timely […]

CEO Twitter Jack Dorsey Answers Questions About Square’s Plans for Bitcoin

bitcoins

Square is a company best known for its disruptive card payment technology. Founded in 2009 by Twitter CEO Jack Dorsey, the company sells affordable mobile-based point-of-sale systems. But beyond the world of traditional fiat currencies, the firm is making cautious steps into the fast-paced world of cryptocurrency. Back in March, Dorsey tweeted that Square was […]

POTS Are the New ICOs and WeBuy Is Leading the March

WeBuy introduces the very first on-demand advertising platform, based on a complex web of Buyer Referral Networks (BRN), completely created and governed by users of the platform. Entering a $250 billion market, WeBuy gets rid of unnecessary third parties and doesn’t put itself in the middle. The buyer’s private information is never revealed to sellers […]

Binance Continues Expanding With New Token Sales on ‘Launchpad’

Investors

Crypto exchange Binance has shown no sign of slowing down during the year-long bear market as it continues to innovate and nurture projects to foster the embryonic industry. Its latest offering is called Launchpad which has been described as a token launch platform which helps blockchain projects raise funds and increase their reach in the […]

Tron Price Analysis: TRX Surge, can it Flip Ethereum to Second?

No doubt, Tron (TRX) is one of the best performers in the last week. It is up 39.5 percent at the time of press and trading within a bullish breakout pattern after clearing 2.5 cents. At this rate, TRX may end up testing 4 cents by the end of January. Tron Price AnalysisOverview There are […]

Ethereum Developer ConsenSys Partners With AMD To Bolster Blockchain Industry

Although the crypto market has stagnated, the startups driving the blockchain boat have continued to forge ahead with their efforts. Reports indicate that ConsenSys, a key participant in the nascent Ethereum ecosystem, has partnered with a leading American multinational semiconductor conglomerate to produce blockchain-friendly hardware and software. AMD And Blockchain Group ConsenSys Join Hands On […]

Crypto Markets Drop Slightly After Yesterday’s Surge, Stock Market Drops as Apple Plunges

Following yesterday’s crypto market surge that sent Bitcoin up more than 4% and Ethereum up more than 10%, the markets have found some levels of stability and are currently trading down slightly. Although the crypto markets are relatively stable as of now, the stock market is seeing tremendous levels of instability, with today’s drop being primarily […]

Ripple Price Analysis: XRP Bearish Below 40 Cents, NY Ready to Explore

Enthusiasts often paint a rosy picture on the burgeoning internet of value claiming it will disrupt and eventually replace centralized set-ups. But before this come to pass, the community understands that education and general awareness is key. It is for this reason that Ripple has so far donated $80 million to various causes. On their […]

Crypto Markets Recover Slightly After Yesterday’s Drop, Equities Market Trades Flat

The traditional equities market, which has seen increased volatility over the past several weeks, is currently trading flat and one prominent investor believes further instability could be right around the corner. Crypto Markets Trade Up After Yesterday’s Drop  Yesterday, Bitcoin dropped from the $3,800 region to lows of $3,645, from which it has since recovered. At the […]

Bitcoin May Breach $333,000 By 2023: Why This Prediction Isn’t Crazy

There’s no denying it, the crypto industry is known for its eccentric individuals, statements, and startups. John McAfee, for example, promised to consume his family jewels if Bitcoin (BTC) doesn’t reach $1 million apiece by 2020’s end. While McAfee’s call is by far the most bizarre, especially what he wagered, he isn’t the only industry […]

Mike Novogratz Explains Why He’s Still All-In on Crypto

Mike Novogratz

No one on Wall Street embraced cryptocurrencies with as much gusto as legendary trader Mike Novogratz. After Jamie Dimon called Bitcoin a “fraud”in September 2017, Novo, as he’s known, predicted, correctly, it would hit $10,000 and keep climbing. The former hedge fund manager and Goldman Sachs Group Inc. partner became an unlikely hero of the […]

Mike Novogratz’s Crypto Trading Desk Lost $136 Million in Nine Months

Mike Novogratz

The bad year for traders at Mike Novogratz’s cryptocurrency merchant bank got even worse in the third quarter — and that was before the market fell out of bed this month. Net realized and unrealized losses on digital assets at Galaxy Digital Holdings LP’s trading operation totaled about $41 million in the third quarter, bringing […]

Bitcoin-Rigging Criminal Probe Focused on Tie to Tether

HKUST

As Bitcoin plunges, the U.S. Justice Department is investigating whether last year’s epic rally was fueled in part by manipulation, with traders driving it up with Tether — a popular but controversial digital token. While federal prosecutors opened a broad criminal probe into cryptocurrencies months ago, they’ve recently homed in on suspicions that a tangled […]

1Broker to Start Processing Withdrawal Requests

1Broker

Marshall Islands-registered contracts-for-difference broker 1pool Ltd., which operates the 1Broker brand, has announced that the company will revive some if its functions today. The team tweeted that they will start processing clients withdrawal requests. We will start processing withdrawals tomorrow at 12:00 (UTC). Thanks for your patience in the past days! — 1Broker (@1Brokerio) October […]

Tiberius Delays Sale of Commodity-Backed Crypto

Crypto Startups

Tiberius Group AG delayed the sale of its commodity-backed cryptocurrency until December, blaming the move on credit-card companies. While the Switzerland-based asset manager and commodities trader received orders worth $1 million via its subsidiary Tiberius Technology Ventures AG, the fees from credit-card processors were unacceptably high, it said in a blog post Tuesday, ending more […]

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