Month: April 2019

Good news everybody, the “crypto bubble” survived last year’s financial woes, though many expected it to burst. For those of you that are new to the game, bitcoin is crypto-currency that has seen a boom in investment value in the last few years. There are a number of reasons to buy bitcoin in 2019. In fact, the current price level could be the perfect opportunity to stock up. Stepping back a little, it is worth mentioning that 2017 was an Read more …

Investing in promising blockchain startups is now possible without selling your own cryptoassets. CoinLoan lending platform, announces a case on how to acquire tokens while keeping HODL due to the coming IEO token sale of Paytomat, cryptocurrency payment solutions company. In this article, we’ll see why IEO as an alternative token sale format is worthy of your attention. Next, we’ll calculate how crypto-backed lending helps to maximize profit from such an investment. Why Join IEO? Planning to expand, Paytomat chose Read more …

It’s April 1st and that means our social media feeds are full of April Fool’s pranks and jokes. Microsoft had the right idea and banned employees from using April Fool’s jokes on social media. But among the slurry of pranks are a handful of clever and funny April Fool’s. Here’s a quick rundown of the best so far. Kayak’s “Flat Earth” Flight Route The Australian branch of travel company Kayak has poked fun at the growing Flat Earth movement. According to Read more …

A decentralized peer-to-peer network says it is well placed to cater to the growing demand for crypto lending, and has unveiled new tool that allows users to borrow USD-backed stablecoins against cryptocurrency collateral. Nitrogen cites research from Bloomberg that shows how demand for loans backed by crypto collateral soared in 2018, as the price of Bitcoin and other coins began to decrease. It says its service enables users to “borrow and lend in a safe and transparent way” — with a Read more …

The U.S. Securities and Exchange Commission (SEC) is seeking to hire a “crypto specialist” attorney advisor. According to a job posting on USAJobs, an official government jobs portal, the SEC’s Division of Trading and Markets plans to hire the new legal expert in order to help develop a “comprehensive plan” to address crypto and digital asset securities. One of the key responsibilities of the new hire would be to apply their “knowledge of federal securities laws to digital asset securities Read more …

Since it got acquired by the Monex group, Japanese cryptocurrency exchange, Coincheck has been making some major disruptive and noteworthy moves. Recently, the exchange revealed that it has launched a Bitcoin (BTC) over-the-counter trading desk targeted at heavy pocket institutional investors. Bitcoin (BTC) Over-the-Counter Trading Desk The Coincheck OTC trading desk will reportedly allow users to trade huge volumes of bitcoin directly. Trading on the platform will start from 50 BTC. Anything below that will be done via the normal Read more …

Indian cryptocurrency exchange Coindelta is terminating its services in light of the adverse operating climate for crypto businesses in the country. The development was announced in an official blog post on March 30. Eighteen months after its first launch, Coindelta has told users that severe restrictions on banking services for crypto-related firms in India has caused its operating costs to escalate, and that therefore it is not economically viable to continue operations. The post notes: “It has been really difficult Read more …

It may span only a couple of years, but the history of Bitcoin exchange-traded funds (ETFs) and the United States Securities and Exchange Commission (SEC) is already a long one. Back in March 2017, the SEC rejected the application for a Bitcoin ETF put forward by the Winklevoss twins, claiming that the underlying Bitcoin market was still too manipulable, volatile and resistant to surveillance. Fast forward to March 2019 and the SEC has still yet to approve a single Bitcoin ETF, Read more …

Pakistan has announced plans to regulate cryptocurrencies in accordance with recommendations of the Financial Action Task Force (FATF). The regulations will be introduced immediately. Pakistan embraces digital currencies reluctantly Pakistan had previously taken a hard stance against cryptocurrencies, with the country’s central bank warning banks and other financial services providers against offering services that supported virtual currency transactions. In April last year, the State Bank of Pakistan (SBP) tweeted a reminder to the general public that it oversees and regulates Read more …

Bitcoin price inched higher April 1 as the largest cryptocurrency begins a new month trading above $4100. Bitcoin Price Holds Above $4100 Data from cryptocurrency exchange Bitstamp, which traditionally hosts a more conservative price tracker than other major exchanges, showed Bitcoin at $4112 at press time Monday. BTC/USD had hit $4129 earlier in the day, marking a high not seen since a retest of the $4000 barrier in late December 2018. As Bitcoinist reported, concerns had lingered that a failure Read more …

It’s not just bitcoin futures products that are becoming popular with investors, at least according to one U.K.-based crypto derivatives provider. Crypto Facilities, a subsidiary of the San Francisco-based exchange Kraken that provides bitcoin and ether reference data for CME Group and has offered its own derivatives products for years, has seen trading volume in its altcoin futures markets jump dramatically in recent weeks – in particular, its litecoin and bitcoin cash futures contracts, said head of indices and pricing Read more …