Cryptocurrrency News
Excluding U.S dollar-tied USDC, all asses traded sharply lower early today. Avalanche lost another 11%, followed by Solana’s 9% slump. Cardano and Polkadot surrendered 8% each. Cryptocurrencies saw a bloodbath as they experienced the meltdown heat from the financial markets, recording sharp…
It is true that in order to make profits from the financial markets, you have to have a considerable understanding and knowledge of how they work. But, even that doesn’t guarantee you a profit if you don’t have a trustworthy broker by…
As per the latest reports, the customers of Binance in the United Kingdom have received yet another blow from Binance. The reports suggest that Binance has again revoked the ability for the United Kingdom customers from withdrawing GBP (fiat). The exchange has…
Before the recent price correction, the Bitcoin price has been pushing towards new heights over 10,300 USD and trying to hit a new highest price point this year. In the new decade, Bitcoin has been experiencing a strong push upwards helping all…
Ethereum (ETH), the second-largest digital currency in the market, has experienced a large price growth recently and has hit a point at which it has not been since September of last year. The currency has encountered the largest constant growth since the…
Anthony Pompliano, the Co-Founder of Morgan Creek Digital was interviewed by CNBC, along with Meltem Demirors, the CSO of Coinshare. Morgan Creek Digital is a subsidary of Morgan Creek Capital Management that specializes in crypto asset investment. Pompliano said that jurisdictions are…
The centralized crypto exchange BitStamp is adding the British Pound (GBP) as a funding option. The crypto exchange, in cooperation BCB Group, a financial services enterprise, in order to enable customers to deposit as well as withdraw funds in the British Pound….
In its second quarter report the social media giant, Facebook, mentioned that there is a possibility that Libra will not be launched next year. This is due to numerous factors that are negatively affecting the launch. The company understands that the adverse…
Huobi Group, a cryptocurrency exchange, gained licenses to launch a cryptocurrency trading platform in Thailand. This is the 5th time that an exchange acquireS a license. The Huobi Thailand exchange will be officially launched later this year. As reported by the company,…
On June 18, Facebook announced that in 2020 it is going to launch a cryptocurrency called Libra. This announcement surprised regulators and shocked everyone that was against cryptocurrency adoption. Since then, all these politicians and financiers have been heavily criticizing the company….
Libra, Facebook’s infamous crypto coin, will be a great tool for everyone. It will empower people to make instant micropayments which are impossible in the case of mobile monetary transactions. Libra globally increases arouse many issues around the globe. Libra, like most crypto…
Economist Andy Xie insists that crypto coins will never become a full fledged currency due to the volatility, and only a few exchanges will be able to make money on fluctuations in rates, The Korea Times reports. “Many people believe that Bitcoin…
The Singapore based crypto Exchange Huobi reported about the plans to release its own public blockchain called FinanceChain to provide services in the sphere of decentralized finance. Huobi is collaborating with startup Nervos to release a decentralized FinanceChain network, with the help of…
Jed McCaleb, a US-based programmer and businessman, is getting sued by two crypto investors: Joseph Jones and Peter Steinmetz. In late 2010, Jed McCaleb created a Bitcoin exchange named MtGox.com based in Tokyo, Japan. Three years after its launch this exchange was…
The anti-money laundering crypto regulations by The Financial Action Task Force won’t have as much of an adverse effect on the market as was previously thought. Despite this, there are still some unanswered questions about the document. Coin Central reported that the…
Libra, the Facebook coin is launching this week and has already gained support from big names in the spheres of technology and finance. Facebook is a US-based social media company that is considered a member of the Big Four tech companies with…
The Indian government is trying to legislate a bill that penalizes crypto coin users with a jail sentence of 10 years in another attempt to suppress the crypto community. The new Indian crypto regulations are harsher than in China. The Banning Crypto-assets…
The FBI decided to ask on Twitter for the United States citizens who suffered from the disappearance of $100 mln in crypto assets from QuadrigaCX to come out. After that they gave link to a list of questions for the victims about…
Stablecoin maintains a rapid increase in popularity and use as Binance shows support for it and adds a new one on their exchange. Binance, one of the largest crypto exchanges worldwide, was established in 2017 in China but moved to Japan after…
According to a crypto website, The Block, Bitfinex, a large crypto asset exchange, will be launching the Tether (USDT) stablecoin managed by Tether or the Lightning Network. Bitfinex is a crypto exchange owned by iFinex Inc. and was founded in December 2012….
