Coins

Venezuelan President Raises Petro’s Value Again in Bid to Create ‘New System’

January 16th, 2019

For the second time in a little over a month, Venezuela’s president Nicolas Maduro has hiked up the value of the national cryptocurrency, the petro, this time to 36,000 sovereign bolivars. The move has again been met with criticism. Also read: Russia Not Ready for the Petro, Proposes Plan to Aid Venezuela Without It ‘A New…

Bitcoin could Become the Global Currency amidst the Worldwide Chaos

January 16th, 2019

Some like Max Keiser says Bitcoin could be the resistance currency while others like Jack Dorsey says Bitcoin could be the internet currency. With the way the global debt is rising, the stock market is reportedly waiting for a collapse, countries like Russia are planning de-dollarisation, economies like the US and China are having trade…

Expert Opinion: Bakkt Moves Ahead Despite US Government Shutdown, World Gets Ready For The Ethereum Fork

January 15th, 2019

“This analysis is an adaptation from the work of Mati Greenspan, Senior Market Analyst at eToro” Key Highlights: Bakkt to move ahead despite US Government Shutdown Vontobel has announced their own crypto custodial service and digital asset vault Ethereum to undergo hard fork tomorrow night Bakkt moves ahead as scheduled while Vontobel announces crypto custodial services So the…

Denmark Tax Agency Investigating Country’s Crypto Trading Volume

January 15th, 2019

Denmark’s Task Agency will soon have wider coverage of country’s cryptocurrency trading data. An official release disclosed that the Tax Council have permitted ‘Skattestyrelsen (SKAT), the Tax Agency of Denmark’ to obtain information on Bitcoin and other crypto trading data ‘for the period 2016-2018. Danish Bitcoin Traders Under Tax-Campaign Skattestyrelsen (SKAT), country’s tax agency is…

South African Reserve Bank Proposed Tougher Crypto Regulations, Not Ban

January 15th, 2019

Amid increasing crypto scams and fake ICO offerings across Africa, the South African Reserve Bank (SARB) presented a descriptive report concerning various cryptocurrency aspects within the country. Accordingly, they demand public to ‘review the policy paper’ and comment on the same. Regulation to Combat Financial Risk The new consultation paper by SARB highlights key approaches…

Here’s Why Bitcoin Price Swings to $3,700 & Crypto Market Turns Green

January 15th, 2019

Bitcoin and altcoins are seeing the greens between 2 to 5 percent range with Ethereum surging over 8 percent. The market turned green as Bakkt announced its first acquisition declaring they are not sitting idle while awaiting regulatory approval from CFTC. Meanwhile, Vontobel, a Swiss multi-billion dollar bank announced its entry into the crypto industry…

TRON Partnered with ABCC Exchange, TRX 10 Tokens to be First Listed on ABCC

January 15th, 2019

TRON (TRX) is becoming the hot topic every new day. On January 15, 2019, Justin Sun, the co-founder of world’s 9th largest cryptocurrency, TRX has appreciated ‘ABCC Exchange’ as the exchange announced a partnership with Tron platform. ABCC Exchange is truly an awesome platform that has witnessed great development. We are glad to partner with…

Large Bitcoin Miners Losing their Dominance, Unknown Miners Join the Race: Diar Research

January 15th, 2019

2018 was not an exceptional year for bitcoin and crypto- industry at large but it has changed the complete dynamics of the crypto mining industry. While the industry has seen a few calamities because of the dropping prices, it has also reduced the dominance of popular mining pools and has led to emergence of newer…

Cryptopia Hacked: Falls Victim to Security Breach, Police Investigating

January 15th, 2019

Exchange level security breaches and hacks were the biggest pain point for crypto exchanges in 2018 and the start of 2019 seems to be not very different. While we are still in the second week of New Year, we already have a reported ‘security breach’. This time the victim is Cryptopia, a popular New Zealand…

Breaking News: BitMEX Fears Regulator’s Crack Down, Ditches North American Markets

January 15th, 2019

One of the active crypto exchange and the Bitcoin futures trading platform, BitMEX is shutting client’s trading accounts in US and Quebec. Per SCMP, this move is a result of the Quebec regulator’s action on curbing unauthorized exchanges. Image Source: Bitmex BitMEX Under Regulatory Pressure Back in early 2018, Autorite des marches financiers (AMF), Quebec’s…