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Just a few weeks ago, the Zimbabwean cryptocurrency exchange Golix gained its first national competitor when Styx24 opened its doors online. Almost simultaneously Golix introduced a Bitcoin ATM to its customers, accessible inside their offices in central Harare. Also read: Bitcoin Adoption Continues to Thrive Within Africa’s Borders Need US Dollar Bills In Zimbabwe? Got … Read more
Cryptocurrency exchange Kraken is suspending all of its services to Japanese residents. The exchange has been allowed to operate in Japan while its application with the country’s financial regulator is being reviewed. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Kraken Pulling Out of Japan Kraken announced on Tuesday the suspension of its services … Read more
In recent weeks, the SEC sent a shockwave of concern that’s reverberating through the blockchain industry – issuing subpoenas to companies that have conducted Initial Coin Offerings (ICOs). Those of us who understand the regulatory process foresaw the SEC subpoena sweep coming from miles away. Those who operated under the false assumption that blockchains, ICOs … Read more
A lot of people are actively wondering how the cryptocurrency markets will evolve in the days and weeks to come. As of right now, it remains unclear which direction we will head in over the next few days. One thing is for certain: the Litecoin price is going up in value pretty quickly. That is … Read more
In the world of cryptocurrencies, there are always plenty of exciting developments to keep an eye on. Over the past 36 hours, it seemed as if all markets would enter a bear market once again, but things are not looking all that bad, for the time being. More specifically, all markets are still in the … Read more
Cryptocurrencies are often criticized for failing to replicate some of the basic functions of fiat money. Governments are always ready to warn you that you can’t spend, or save, or trade, or make digital coins. This state of mind, however, is slowly but surely changing, as more benefits become apparent. Paying, saving, investing – bitcoin … Read more
The hacked Japanese cryptocurrency exchange Coincheck has officially been acquired by one of Japan’s largest online brokerage firms. Monex Group has outlined its plans of reviving Coincheck and the risks associated with the acquisition. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Acquisition Completed Coincheck has officially become a wholly-owned subsidiary of Monex Group … Read more
China’s cryptocurrency markets have witnessed a number of significant events in recent weeks, including affirmation from the People Bank of China (PBOC)’s new governor, which will likely intensify the country’s crackdown on cryptocurrency. Also Read: Chinese Merchants in Moscow Convert Most of Their Cash to Crypto New PBOC Governor Reaffirms Stern Position Regarding Cryptocurrencies Whilst attending … Read more
DEXs are quickly gaining popularity over centralized exchanges because they let regular investors leverage faster trades. As Ethereum co-founder Vitalik Buterin has stated, the focus of DEXs is “NOT satisfying the needs of ‘whales’ and professional traders. Rather, it is in user convenience for regular people.” If DEXs become more user-friendly and offer the advanced trading … Read more
Chinese traders in Moscow’s huge wholesale bazaars have become the most active buyers and sellers of cryptocurrency in the Russian capital. The retail turnover there is estimated at almost $10 billion a month. Authorities say that most of it is converted to cryptocurrencies and sent back to China where it‘s exchanged to yuan. Also … Read more
