Bill Shihara, CEO of Bittrex, confirmed during a Unikrn Radio podcast with Unikrn CEO Rahul Sood on Jan. 31 that the Bittrex exchange will be opening up USD trading to the majority of its customers. Bittrex was founded in 2013 by Shihara and two business partners, all of whom previously worked for security at Microsoft. Shihara told Sood that Bittrex’s initial success was due to a combination of the founders’ security background, as well as their willingness to put their Read more …
It turns out, last year’s mantra “make blockchain real” was little more than wishful thinking. Instead of the increased efficiency, enterprises have encountered impractically slow transaction volumes; instead of a transparent world with ultimate accountability, companies holding sensitive customer data faced regulatory concerns. Still, there’s reason to believe the same rosy-colored forecast just might come true this year. The reason for that optimism, it turns out, is that even if the blockchains didn’t become real for businesses in 2017, they Read more …
Nischal Shetty, co-founder of social media management app Crowdfire, is set to launch a new Bitcoin and cryptocurrency exchange called WazirX. According to an announcement published on the WazirX blog, the exchange will go live in March. WazirX – India’s Most Trusted Bitcoin Exchange Formerly known as JustUnfollow, Crowdfire currently serves more than 19 million users around the world. Shetty, along with fellow Crowdfire co-founders Anirudh Khusape, Sameer Mhatre and Siddharth Menon, built WazirX in response to the current exchange Read more …
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. China is reportedly aiming to block all websites, both domestic and foreign, related to cryptocurrency trading and initial coin offerings (ICOs) in what could be the country’s final crackdown on the industry. According to a Sunday report by the Financial News, a newspaper run by China’s central bank, authorities are reportedly lining up a number of regulatory measures to further a crackdown on the cryptocurrency industry. The Read more …
The yearly Super Bowl event is mainly known for its interesting commercial and half-time shows. Even though it’s sports event watched by millions around the world, the ads are always most talked about. This year, we have seen a surprising as by TD Ameritrade talking about Bitcoin futures. This took a lot of people by surprise. Additionally, there’s also a negative report involving AML Bitcoin’s allegedly rejected Super Bowl ad. Ensuring Bitcoin gains mainstream traction has been very difficult so Read more …
As cryptocurrencies across the board once again take a downturn, bitcoin is exploring the downside below $8,000. The sharp recovery in prices on CoinDesk’s Bitcoin Price Index (BPI) from the Friday’s low of $7,695 ran into offers at a high of $9,471.46 at 21:59 UTC on Saturday. In the subsequent hours, the bears pushed the cryptocurrency back to $8,000. Bitcoin dropped further to a low of $7,876.69 at 02:30 UTC today and was last seen at $7,995. The world’s largest Read more …
Key Highlights ADA price recovered recently, but it failed to stay above $0.5000 against the US Dollar (tethered). There is a new major declining channel forming with resistance at $0.4140 on the hourly chart of ADA/USD (data feed via Bittrex). The pair is currently holding a major support area near the $0.3400-0.3500 levels. Cardano price is struggling to gain upside momentum against the US Dollar and Bitcoin. ADA/USD has to move above the $0.4200 to gain traction. Cardano Price Resistance Read more …
Peach Aviation, Japan’s number one budget airline, has announced plans to maintain their schedule to accept bitcoin as well as other cryptocurrencies for ticket payments. Peach looking to spread cryptocurrency Despite waves of fear that passed through the crypto-markets in the wake of the $500 million Coincheck hack on January 26, and speculation that Japanese regulators would rein in trading and spending in the crypto-market, Peach will stick to their previous schedule of accepting Bitcoin. As part of a bid to encourage visitors Read more …
A New York lawmaker who previously filed several bills related to blockchain has submitted new legislation that calls for studying the creation of a state-backed cryptocurrency. The measure, dated Feb. 2, calls for the creation of a task force dedicated to studying “the impact of a state-issued cryptocurrency on the state of New York.” Among the main areas of inquiry would be the regulatory implications of the undertaking, pointing to the U.S. Securities and Exchange Commission (SEC) and the Commodity Read more …
Skraps is a new micro-investing application that looks to break the mold of all others before it. While Acorns is great for investing your spare change in stocks and shares, Skraps takes it in an entirely new direction. With Skraps, you can invest your spare change in cryptocurrency. As far as investing is concerned, cryptocurrency is a brand-new asset, and one that many are too tentative to touch. There is a general perception that you need a large sum of Read more …
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. South Korea’s finance minister, notably an advocate against a proposed ban for domestic cryptocurrency exchanges, has stated that blockchain technology can revolutionize and “change the world” during a ministerial trip to China. South Korean finance minister Kim Dong-yeon has underlined the importance of blockchain technology while holding talks with the chief of China’s central bank on cooperative economic policies. Upon signing a new economic cooperation pact with China Read more …
Featured Chicago Mercantile Exchange (CME) Chairman and CEO Terry Duffy explained in a recent interview how the decision to list bitcoin futures in the last quarter of 2017 wasn’t made as a result of light or transient causes. Instead, it was a deliberate effort to bring a proven technology to well-financed clients who will help it mature. Also read: Market Risk Advisory Committee: Bitcoin Futures Self-Certification Works CME’s Chairman and CEO on Bitcoin Futures Scarlet Fu put it Read more …