Bitcoin

A Short History of Major Fiat Currency Collapses and What Triggered Them

February 1st, 2019

Earlier this year we witnessed a mini flash crash that hit the fiat currency markets. It took approximately seven minutes for the Australian dollar to plummet against the Japanese yen, which surged to levels that it had last held almost a decade ago. Like a number of fiat currencies, bitcoin is going through its own…

Over 50 Bitcoin ATMs Operate Legally in Russia, Study Finds

February 1st, 2019

At least 51 cryptocurrency ATMs operate in compliance with the current regulations in Russia, estimates a new report. According to the study produced by the country’s crypto industry association, the average monthly turnover of each of these teller machines is around $27,000. Most BATMs Concentrated in Large Cities The number of bitcoin ATMs around the…

Markets Update: Most Cryptos Consolidating

February 1st, 2019

The cryptocurrency meta-trend has seen most leading markets continue to grind sideways at key support zones, though there has been a slight bounce in the last few hours. Among the weakest performing major markets in recent days are tron (TRX), which has broken a critical ascending trendline following the bittorrent token (BTT) airdrop, and nem…

Cottonwood Becomes Second Cryptocurrency ATM Operator to Receive Bitlicense

February 1st, 2019

U.S.-based cryptocurrency ATM operator Cottonwood Vending has been granted regulatory approval to operate in the state of New York. As such, Cottonwood has become the second cryptocurrency ATM operator to receive a Bitlicense by the New York State Department of Financial Services (NYDFS). Cottonwood Granted Virtual Currency License by New York Regulator On Jan. 31,…

The Daily: Bitcoin Carnivory, Dapps & DEXs, Quadrigacx Claims Insolvency

February 1st, 2019

The Daily curates stories from the eclectic and often bizarre world of Bitcoin. Today’s roundup demonstrates just how varied that world can be, taking in Bitcoin carnivory, decentralized apps, and a new price comparison tool for token traders. We begin in Canada though, with confirmation that Quadrigacx exchange has bitten the dust. Canadian Exchange Searches…

PR: aXpire.io Updates – AXPR HODL Initiative and CoinExchange.io Listing

February 1st, 2019

aXpire.io is proud to announce the launch of its AXPR Prime program, which is a loyalty program for HODLERS of at least 250,000 AXPR. Members of the program receive a number of benefits, including: Free entry into weekly 10,000 AXPR Prime contests. 1 chance to win per 250K AXPR. Early-access to new aXpire products and…

South Korea Updates ICO Stance After 3-Month Investigation

February 1st, 2019

The South Korean government has updated its stance on initial coin offerings (ICOs) as well as announced the results of its 3-month investigation of ICO activities carried out by Korean companies. The government found that many companies have bypassed its ICO ban and conducted token sales overseas. ICO Policy Update The South Korean government announced…

Coincheck Registers 1.7M New Users Since Resuming Operations

February 1st, 2019

Coincheck has reported 1.73 million downloads of its mobile app since the Japanese cryptocurrency exchange resumed new account signups, withdrawals, deposits and limited trading in October. By the end of December, more than 900,000 of the new users had gone on to confirm their identities, in what looks like a remarkable comeback for an exchange…

BCH Community Responds to Allegations of Faked Coinbase Video

February 1st, 2019

The BTC community recently accused Coinbase of editing a video to make zero-conf BCH payments appear quicker than they actually are. In response, Bitcoin Cash supporters have provided pictorial evidence that the video was not faked. They then went on to discuss ways in which replace-by-fee has altered the reliability of 0-conf on BTC. BTC…

Crypto Startups Push Swiss VC Investments to a Record $1.25B

February 1st, 2019

Startups based in Switzerland have attracted a record amount of venture capital in 2018 and companies from the cryptocurrency industry have contributed to the notable increase. Zug, which is home to the country’s Crypto Valley, is among the cantons with the highest growth in investment volume, a new report reveals.   VC Record Driven by…