Coins

JP Morgan, Fidelity Keep Their Crypto Interest Active While The World Needs to Understand Crypto Nascency Roadblocks – Expert Opinion

January 30th, 2019

“This analysis is an adaptation from the work of Mati Greenspan, Senior Market Analyst at eToro” Key Highlights JP Morgan attempts to value Bitcoin Mining Cost in its latest report Fidelity plans a March Launch of Crypto Custody services Understanding Crypto Nascency Roadblocks Wall Street Institutions continue their interests in crypto Well with Bitcoin ETF now…

South Korea’s Largest Cryptocurrency Exchange Enters Indonesian Market

January 30th, 2019

Despite the bear market, a South Korean cryptocurrency exchange, Upbit is launching its trading operation in Indonesia. The platform says that it sees huge potential for crypto asset exchange in the Indonesian market but the exchange had recently caught by Police in South Korea on wash trading activity. Upbit Exchange Promotes New Launch With Airdrop…

Authorities Caught Fake Website on Deceptive Promotion of National Cryptocurrency

January 30th, 2019

The Monetary Authority of Singapore (MAS) released yet another caution notice on grounds of cryptocurrency. However, this time, scammers ‘allegedly claimed themselves’ as a company, supported by the Singaporean government. Bogus websites Continue to Emerge In the latest release, MAS warns the public not to be indulged or misled by the ‘fraudulent crypto firm’ which…

Bitcoin & Ethereum Addresses Take a Hike While XRP Remains Popular on Social Media: Huobi Research

January 29th, 2019

While Bitcoin and Ethereum prices are in the red, the network is growing with a surge in addresses and the average number of transactions per block, however, the hash rate has taken a dip. Meanwhile, XRP community beats Ethereum on Twitter. Market Growth Amidst the Bears Onslaught Currently, the crypto market is in deep red…

Expert Opinion: Tether [USDT] becomes 4th largest cryptocurrency by Marketcap As Traders Take Foot Off The Gas

January 29th, 2019

“This analysis is an adaptation from the work of Mati Greenspan, Senior Market Analyst at eToro” Key Highlights: USDT moves to the fourth position in the market cap ranking The rise of USDT suggests the traders are fearful Short positions on Bitcoin fall drastically Tether makes a surprise jump While the crypto markets remained dull and…

Diar Research Puts Question On Binance’s, OKex and Bithumb’s move towards DEX

January 29th, 2019

While decentralized exchanges (DEX) were considered to the future of cryptocurrency exchanges, they somehow seem to have lost their charm. According to the recent report from Diar, decentralized exchanges have now hit an all-time low in terms of US dollar traded value, as well as Ether transaction on-chain. Are Decentralized Exchanges Just A Fad or…

Bitcoin Market Cap Dominance has surged 50% in the past Year – LongHash

January 29th, 2019

Bitcoin (BTC) has been struggling with the bears since 2018 and the struggle continues to this moment for altcoins as well. However, LongHash has noted that market dominance of Bitcoin has not been static but rather has risen by 50% in the last one year. A tough journey for Ethereum On the Contrary, Ethereum’s dominance…

Bitspark launches Hong Kong Dollar (HKD) Stablecoin to Challenge XRP’s Dominance in Cross Border Payments

January 29th, 2019

While stablecoins have been effective in providing shelter against volatility for traders, they could possibly be a solution for cross border payments as well. To exploit this use case and challenge XRP dominance in blockchain based cross border payments, Bitspark has launched Sparkdex HKD, the world first stablecoin that is pegged to Hong Kong Dollar…

$13 Million Worth of Stellar [XLM] on the Move in Last 24-hrs while Testnet Reset Pushed Back to Feb 27

January 29th, 2019

Stellar is currently in the red by over 3 percent at $0.0846 while about $13.2 million worth of XLM is on the move. Meanwhile, Stellar Testnet has been pushed back from January 30 to February 27, 2019. Whales are on the move! Crypto whales seem to be on the move as a huge amount of…

Bitcoin Slipped Again, Civic CEO warns On Further Drop off $3000

January 29th, 2019

The flagship cryptocurrency continues to plunge below $3600 which led crypto enthusiasts to call it a crypto winter. In a similar context, CEO of Civic key, Vinny Lingham indicates the further decline in the price of Bitcoin will make it ‘Crypto Nuclear Winter’. BTC Continues to Decline – Will it really Enter into Crypto Nuclear?…