Coins

Crypto Weekly: SEC Rejects Bitwise ETF Halts Telegram ICO, UNICEF Launches Crypto Fund

October 13th, 2019

Key Highlights UNICEF Initiates Crypto Fund CFTC Could Approve Ethereum Derivatives Trading Global Exchanges Urge FCA To Back Down On Its Proposed Ban On Crypto-Linked Derivates BitFinex and Tether Slapped With a Lawsuit Alleging Market Manipulation SEC Rejects Bitwise’s Bitcoin ETF Telegram’s $1.7 Billion ICO Halted by SEC UNICEF Announces Crypto Fund The United Nations’…

Over 1000 Coins Dead In 8 Years: Long Hash Report

October 13th, 2019

A recent study has revealed how the crypto ecosystem is becoming free from a collection of coins affiliated with projects with little or no business proposition, market traction, and ready products, more commonly known as “shitcoins”. According to the study, more than 1000 cryptocurrencies are now dead! There Are Top Coins, Shitcoins And Dead Coins…

Coinbase Receives E-Money License From the Central Bank of Ireland

October 13th, 2019

Coinbase has secured a new legal foothold in Europe. The San Francisco-based cryptocurrency exchange has received an e-money license from the Bank of Ireland, which it can potentially use to continuing serving its customers across the continent, in case Brexit causes any disruptions. Coinbase Granted an Irish E-Money License Coinbase announced over the weekend that…

DeFi applications Contributed More Than 2.275 million ETH in Q3: Report

October 12th, 2019

While the second quarter of Ethereum application users was not such an active one, the wave of DeFi (Decentralized Finance) has brought in more than 310,000 new users. MakerDao and Nest Are The Leading Defi Apps DeFi applications have contributed more than 2.275 million Ethers in the third quarter. Also, these applications account for more…

CFTC, FinCEN, and SEC Issue Warnings to Crypto Firms on Regulatory Compliance

October 12th, 2019

Digital assets firm has often avoided following specific rules riding on the ambiguity of the nature of the assets. The most common among them are bypassing registration as securities. Nevertheless, the joint statement aims to keep no stone unturned. It explicitly defines the various financial instruments like derivatives, Money Services Businesses (MSB), mutual funds, etc.,…

Bitcoin Macro: Analysts See a Rising Wave of Investments among Millionaires

October 12th, 2019

Gone are the days when Bitcoin used to trade only via cryptocurrency exchanges. In 2019, numerous institutional platforms started providing products and services on digital assets. The development was seen with Custody, Trust funds, trading portals, and derivates market. Michael Novogratz, the founder of Galaxy Digital, recently reiterated his stand on the institutional interest. Earlier,…

Binance Futures Records 4th highest Volume In Crypto Futures Industry in Just a Month

October 11th, 2019

Binance Futures has once again recorded a new high trading volume. It has recorded a trading volume of 16K BTC in an hour. Interestingly, Binance Futures is not even a month old. As a matter of fact, the volume recorded is the 4th highest in the crypto futures industry. Binance Futures on An All-Time High…

If You’d Bought These Coins in 2014, This Is What You’d Have Made

October 11th, 2019

Fall is here, and it’s a good time for reflection, regrouping and gearing up for the coming new year. In the case of crypto, looking back at the markets of the past puts things into a similar perspective. An examination of the top 10 cryptocurrencies of just five years ago sheds light on how far…

XBT/USD Analysis: Bitcoin Shifting The Target Back To $8,000 – BitMEX Margin Trading

October 11th, 2019

The slow trading activities witnessed in the past 24 hours has been a key player In Bitcoin price returned above $8,800. The first breakout this week elevated XBT/USD above $8,700 but failed to trade above the resistance at $8,750. The sellers took advantage and forced a lower leg action towards $8,500. Luckily high congestion of…

Bitcoin Options Contracts Will Attract Massive Demand from Asian Crypto Traders – CME Global Head

October 10th, 2019

Tim McCourt, CME Group’s global head of equity products and alternative investments believes that the upcoming launch of Bitcoin options contracts will likely become a favorite of Asian crypto miners and traders.  Traders in for Huge Benefits CME Group announced the launch of its new crypto-derivative product on the 20th of September. The update mentioned that…