Month: July 2018

The cryptocurrency markets continued to post a positive performance on Tuesday, with almost all Top Ten coins posting considerable increases. As at press time on Tuesday late morning Bitcoin was trading at well above the $6,700 level on Binance with turnover increasing quite considerably over the past hours. It seems that the news announcements with regard to institutional money appeared poised to flow into the cryptocurrency market has had a positive effect on the sentiment of the markets. Bitcoin Cash Read more …

U.S. cryptocurrency exchange Coinbase has reportedly received regulatory approval to acquire several securities firms – a move that could eventually see it supporting trading in tokens deemed as securities. A spokesperson for the exchange said on Monday that both the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) have approved recently revealed acquisition deals for currently regulated firms, according to a report from Bloomberg. Last month, the exchange announced that it intends to purchase three companies – Keystone Read more …

Finance CFA Institute, with over 150,000 members, is adding cryptocurrency topics to its curriculum for the first time. The course material will be released in August. A record 227,031 people in 91 countries and territories reportedly registered to take CFA exams this year. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Added to CFA Curriculum The world’s largest association of investment professionals, CFA Institute, “is adding topics on cryptocurrencies and blockchain to its Level I and II curriculums Read more …

Bitcoin (BTC) scaled the crucial 50-day moving average (MA) on Monday for the first time in nearly two months, taking its price above $6,700. The corrective rally picked up the pace 24 hours ago, possibly due to reports stating that BlackRock, INC – the world’s largest asset manager and exchange-traded fund (ETF) provider – is considering venturing into cryptocurrency markets. Later in the day, BlackRock CEO Larry Fink clarified rumors by stating that he doesn’t see a huge demand for cryptocurrencies Read more …

Yesterday, Bloomberg reported that Coinbase has finally got the green light from regulators to list and offer the trading of crypto assets. A Cryptocurrency Game Changer: Coinbase Gets Regulatory Approval Seeing Coinbase list SEC-regulate crypto securities has been a topic of discussion in this nascent space for months now. In blog post from early June, Asiff Hirji, the President and Chief Operating Officer of Coinbase, wrote about the exchange’s “path” towards offering crypto securities support. He wrote: “Today, we’re announcing that Read more …

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Gaël Monfils, the 31-year-old French tennis star, is known as “Sliderman” for his on-court showmanship. He may take chances when trying to win Grand Slam matches, but when it comes to personal finance Monfils – Read more …

Barely two months after announcing that it would start accepting donations in cryptocurrency, East London’s Shacklewell Lane Mosque has received more contributions in cryptocurrency compared to cash. According to iNews, the Dalston, East London-based mosque collected donations amounting to approximately £13,983 in cryptocurrency. This was four times more than the value of contributions that were received in cash – £3,460. During the Muslim fasting period of Ramadhan, 24 cryptocurrency donations were received by the mosque. One individual gave as much Read more …

Japanese mobile giant LINE has officially launched operations of its Singapore-based cryptocurrency exchange BITBOX with support for 30 cryptocurrencies including bitcoin. With an announcement on Tuesday, LINE confirmed the exchange will only support crypto-exclusive trading pairs with no trading offered between fiat currency and cryptocurrencies. Around 30 coins are being traded presently at launch including Bitcoin, Ethereum, Ripple, Bitcoin Cash and Litecoin, all of which went through “a very rigorous evaluation process” by the exchange’s screening committee that will be Read more …

The world’s first bank-backed cryptocurrency exchange is now open to the public after months of delays. Japanese financial giant SBI Holdings formally launched its in-house cryptocurrency trading platform dubbed VCTRADE last month. Yet as reported by CoinDesk at the time, the trading service was only available for a group of selected users who pre-registered with the platform in October 2017. In an announcement released on Tuesday, SBI Holdings said the service is now fully open for users aged from 20–70 who reside in Read more …