Bitcoin

Kraken Acquires British Derivatives Platform Crypto Facilities

February 5th, 2019

Cryptocurrency exchange Kraken has acquired Crypto Facilities, a British digital asset trading platform, and index provider, in an undisclosed “nine-figure” deal. The acquisition means that Kraken will now be able to offer both spot and futures trading in bitcoin core, bitcoin cash, ripple, litecoin and ethereum while boosting revenue by attracting institutional customers. ‘Deal Turns…

Cryptograffiti’s Latest ‘Running Bitcoin’ Portrait Sees Auction Bids of Over $30K

February 5th, 2019

In roughly three days, on Feb. 7, Cryptograffiti’s latest art auction on Bitify will come to an end. “Running Bitcoin,” a tribute to the legendary cryptographer Hal Finney, currently has a bid of $31,000 at the time of writing. Over the past few months, Cryptograffiti has been creating very interesting pieces and unique auctions that…

Coinsquare Lays off 40 Employees in a Troublesome Month for Crypto Exchanges

February 4th, 2019

Leading Canadian cryptocurrency exchange Coinsquare has reportedly laid off almost a third of its staff. The news comes after at least five other trading platforms found themselves in trouble during the past month. From the need to adapt to a prolonged bear market, overcome financial difficulties and technical issues, to coping with coin losses and…

Cryptocurrencies Have Spawned an Eclectic Underground Art Movement

February 4th, 2019

What do the art and cryptocurrency worlds have in common? Among other things, the love of the conceptual, evoking of the emotions and the tendency to confuse admirers. Over the past century, we have seen cubism, starting in the early 1900s, which opened the doors for art movements like surrealism, abstract, impressionism and pop art….

Bitcoin [BTC] Enters The Longest Bear Market With A Hope of Revival: Expert Opinion

February 4th, 2019

“This analysis is an adaptation from the work of Mati Greenspan, Senior Market Analyst at eToro” Key Highlights: Bitcoin enters the longest bear market From December 2017 the market has slipped nearly 82% The current bear market has lasted for 413 days without indication of a turnaround Bitcoin enters Chinese New Year expecting a turnaround While…

PR: trade.io Enables Purchase of Cryptocurrencies With USD and EUR

February 4th, 2019

Monday, February the 4th, 2019, Hong Kong, Crypto exchange trade.io has announced a partnership with payment processor Simplex, enabling clients to purchase a range of popular cryptocurrencies by credit or debit card. Initially, the solution will support the purchase of Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), & Bitcoin Cash (BCH) with USD or EUR. Management…

Mt. Gox Restitution Process Frozen Due to One Man’s $16B Claim

February 4th, 2019

On Jan. 31, Mt. Gox victims were enraged to hear that the founder of Coinlab, Peter Vessenes, is still causing problems for the former exchange’s rehabilitation process. According to information published by public attorney Daniel Kelman, Coinlab filed a claim for ¥1.7 trillion yen (US$16 billion) which is over and above every claimant’s filing. Coinlab’s…

Tidbits: Kraken CEO Offers Help in Quadrigacx Case, Iranian Bitcoiner Learns Expensive Lesson

February 4th, 2019

Tidbits is a roundup of talking points from across the cryptosphere. In this edition, Jesse Powell offers to help the Canadian police investigate the supposed death of Quadrigacx CEO Gerald Cotten and the subsequent movement of funds. Also, the r/btc community teaches Iranian redditor Cdaemon how to keep his crypto safe.  A Helping Hand Kraken…

The Daily: Twitter CEO Talks Bitcoin, Bitstamp Releases New Mobile App

February 4th, 2019

In Monday’s edition of The Daily we cover a recent interview with Jack Dorsey where the Twitter CEO again publicly shares his views on the future of cryptocurrency. Additionally covered are a new mobile app from Bitstamp and a report about Nvidia’s revenues from the mining market. Twitter CEO Talks Bitcoin on Joe Rogan Experience…

Venezuela’s New Cryptocurrency Rules Enter Into Force

February 4th, 2019

The decree establishing a legal framework for cryptocurrencies in Venezuela has entered into force. It contains 63 articles including rules for the purchase, sale, use, distribution, and exchange of cryptocurrencies and related products. It also mandates a registration system and details audit procedures, penalties for non-compliance, and how mining equipment can be confiscated. Legal Framework…