Markets Update: BCH and BNB Outperform Leading Crypto Assets

Despite the cryptocurrency markets appearing increasingly bullish, the leading crypto assets have posted mixed results in recent weeks. While BCH and LTC have made significant gains over BTC in recent months, ETH and XRP have lost value against BTC for much of 2019. Also Read: The Number of Crypto Exchanges Offering Margin Has Multiplied BTC … Read more

Crypto Investor Brock Pierce Is Attempting to Pull Mt. Gox From the Ashes

Prominent cryptocurrency entrepreneur Brock Pierce is attempting to revive the defunct Mt. Gox exchange by submitting a single rehabilitation plan for creditors called Gox Rising. Back in 2014, the former CEO of Mt. Gox, Mark Karpeles, reportedly signed over all of the business’s assets to Pierce and a firm called Sunlot Holdings Limited. Also read: Indian Supreme … Read more

Canada Encourages Cannabis Sector to Transact Discreetly

The Office of the Privacy Commissioner of Canada has published a document advising Canadian citizens to use cash to conduct transactions pertaining to cannabis in order to protect personal information. In response to the guidance, Etoro market analyst Mati Greenspan has predicted the liberalization of Canada’s cannabis sector will bolster local privacy coin adoption. Also … Read more

Cash to Crypto Trade Blooming in Moscow, Reports Say

Buying cryptocurrency in Russia these days increasingly means parting with fiat cash, be it Russian rubles or American dollars. According to numbers quoted by local media, the 24-hour market turnover, just in Moscow, reaches a staggering $50 million dollars on peak days. Some say the cash-crypto trade resembles the wild-wild-east street forex of the 90s, … Read more

Indians Use Creative Means to Trade Bitcoin Amid RBI Ban

Indian crypto traders have found some creative ways to trade cryptocurrencies, especially bitcoin, to circumvent the crypto banking ban imposed by the country’s central bank. The Reserve Bank of India has banned financial institutions from providing services to companies dealing in cryptocurrency. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Money Finds a Way … Read more

Markets Update: BTC Gains 30% in Two Weeks, Alts Lose Correlation

The BTC markets have gained approximately 30% in two weeks, with prices currently sitting at $8,300 USD after roughly 48 hours of consolidation above $8,000. After producing gains against the dollar, many other leading cryptocurrency markets have continued to produce inverse correlation when measured against BTC. Also Read: Japanese Crypto Exchanges Working on Lowering Margin Trading … Read more

Coinbase Inquiry Finds No Improper BCH Trading Took Place Prior to Launch

An inquiry by leading United States-based cryptocurrency exchange, Coinbase, has found that no improper trading took place last December surrounding the launch of its Bitcoin Cash pairings. Also Read: SEC Postpones Deliberations on NYSE Arca Bitcoin ETFs Coinbase Inquiry Finds No Insider Trading on BCH Markets A Coinbase spokesperson has confirmed that the investigations into potential … Read more

Markets Update: HODLers Pray for Higher Lows, Prospective Coinbase Listings Rally

The BTC markets are currently attempting to establish a higher low above $6000 after failing to break above resistance at $6800 at the end of June, whilst BCH appears to have bounced off the critical support area of $600 – $650 for the second time in 2018. In recent altcoin market action, Cardano (ADA), Basic … Read more