Wine Retailer to Buy Majority Stake in Japanese Bitcoin Exchange for $30M

Madison Holdings Group Ltd. has agreed to buy 67.2 percent of Japanese cryptocurrency exchange Bitocean for 1.68 billion yen ($15.12 million). Inclusive of fees, the wines and alcoholic beverages company will pay a total $30.12 million. According to local media reports, the deal is to be completed through a subsidiary, Madison Labs. Also read: Cryptocurrency Exchanges … Read more

Ethereum Price Watch: Currency Slips Below the $120 Mark Before Making Quick Recovery

As can be seen from the chart below, Ether has had a rough showing over the course of the past 24 hours. After dropping from above the $200 range (to around $150) a few days back, the premier digital asset was recently seen to have stooped to a new 2018 low of $119.90 just a … Read more