Cryptocurrency derivatives platform, BitMEX has revealed that it is set to launch corporate services for its customers. BitMEX Ready with Corporate Accounts BitMEX, a cryptocurrency derivatives giant based in Hong Kong, recently revealed that it will be launching a new program that will come with benefits for its corporate customers. […]
cryptocurrency
Singaporean Authorities Start Cracking Down on Unlicensed Bitcoin Sellers
Authorities in Singapore have started cracking down on unlicensed Bitcoin sales, which is in line with the regulations passed in the country. First to be Arrested Under New Anti-Money Laundering Law Singapore authorities arrested and charged a 23-year-old woman for violating the country’s ban on unlicensed Bitcoin sales. The arrest […]
Bitmain Co-founder Halts Shipment as Power Struggles Continue to Affect Company
The power struggles between the founders of Bitmain are now affecting customers as a co-founder of the company has stopped the shipment of mining hardware. Co-founder Zhan Stops Shipment of Mining Hardware The co-founder of the cryptocurrency mining hardware company, Bitmain, has stopped the shipment of some mining equipment, with […]
Russian Economy Minister Wants Regulated Crypto Market Rather Than Outright Ban
The Russian economic ministry is calling for a controllable cryptocurrency market in the country instead of the outright ban proposed by the government. Do Not Ban Cryptocurrency Transactions The Russian Ministry of Economic Development sent a letter to the country’s parliament, criticizing a package of draft bills recently put forward […]
Thousands of Cryptocurrency Traders’ Bank Accounts Frozen by Chinese Authorities
The Chinese police have frozen thousands of bank accounts connected to cryptocurrency traders as it suspects illicit activities on the part of the traders. China’s Police Freezes Crypto Bank Accounts Several thousands of bank accounts held by cryptocurrency traders in China have reportedly been frozen by the country’s police force. […]
Two Swiss Banks Start Offering Cryptocurrency Trading and Custody Services After Receiving Regulatory Approval
Two banks in Zurich have started offering cryptocurrency trading and custody services after gaining approval from the country’s financial regulator. Maerki Baumann and InCore Bank Now Offering Crypto Services Switzerland’s financial regulator, FINMA, has given the green light to two banks based in Zurich to start providing cryptocurrency services to […]
Iran Set to Restrict Cryptocurrency Exchanges Under Currency Smuggling Regulations
The Iranian parliament is looking to propose regulations that would restrict the activities of cryptocurrency exchanges in the country. Operating Crypto Exchanges Riskier in Iran Cryptocurrency exchanges in Iran will find it harder to operate as per the latest proposal by the country’s parliament. According to Iranian news outlet ArzDigital, […]
Andreessen Horowitz Predicts Fourth Crypto Bull Run
Cryptocurrency expert Andreessen Horowitz believes that the fourth cryptocurrency bull cycle is upon us, and it will be driven by high-quality projects in the industry. High-Quality Projects to Usher in Crypto Bull Cycle Andreessen Horowitz, a famous venture capital investor, recently launched a new $515 million crypto fund. He revealed […]
Miners Expect BTC Price to Surpass $12,000 after Halving
Cryptocurrency miners expect the price of Bitcoin to surpass the $12,000 mark after the halving event takes place and they are hoarding most of the BTC they mine. BTC Price to Surpass $12,000 Soon Bitcoin miners are hoarding the cryptocurrency they are mining as they believe the price of the […]
Cryptocurrency Interest Spikes in Nine Countries: CoinMarketCap
CoinMarketCap has released statistics about the countries with the most interest growth in cryptocurrencies, with Nigeria, India, and Pakistan, amongst the listed nations. Cryptocurrency Interest Growth Recorded in Nine Countries Crypto data website, CoinMarketCap, has released details about the top countries with the most significant increase in the number of […]
Cryptocurrency Spot and Futures Markets Hits $8.8 Trillion Trading Volume in Q1: Report
The total volume of cryptocurrency spot and futures market traded in the first quarter of 2020 was approximately $8.8 trillion, according to industry reports. Futures and Spot Markets Expect Increase in Trading Volume An industry report by Tokeninsight revealed that the trading of cryptocurrency futures and spot had increased dramatically […]
Purse.io Returns Stronger Six Days After Dissolving
Cryptocurrency marketplace, Purse.io has returned more robust than ever just six days after it announced it would be discontinuing its services. Purse.io Now Stronger Than Ever On April 17, the cryptocurrency marketplace, Purse.io, revealed that it would be shutting down its services and dissolving the company. However, six days later, […]
Crypto Lender dYdX Processed $1.1 Billion Cryptocurrency Loans in 1 Year
A popular cryptocurrency lender has revealed that it processed over a billion dollars’ worth of cryptocurrency loans in 12 months. 70% of Loans Processed in 2 Months According to the cryptocurrency lender, dYdX, the company has given out a total of $1.14 billion in digital asset loans over the past […]
Stablecoins Are Not Inflating The Cryptocurrency Market Cap, Study Shows
Recent research has shown that the issuance of stablecoins does not push the price of Bitcoin or other cryptocurrencies higher. Stablecoins Do Not Increase Crypto Market Cap A study, funded by the University of California Berkeley’s Haas Blockchain Initiative, shows that the issuance of stablecoins does not increase the prices […]
Bitcoin SV Conducts First Halving to Cut Miner Rewards
The Bitcoin SV network carried out its first halving a few hours ago, reducing miners’ rewards on the system by 50%. Bitcoin SV’s First Halving Although the entire cryptocurrency sector is focused on the upcoming halving of the Bitcoin network, its sister networks, Bitcoin Cash and Bitcoin SV, both carried […]
Huobi Could Return to US Market This Month
Cryptocurrency exchange, Huobi, has indicated that it could return to the U.S. market as early as this month, according to a company executive. Global Crypto Exchange Huobi Could Reopen U.S. Trading this Month An executive of the global cryptocurrency exchange, Huobi, revealed that they are planning to start offering trading […]
