Nikkei Claims Criminal Charges Can Be Filed Against Binance, CEO Clears up FUD

Japanese mainstream media outlet Nikkei reported earlier this week that criminal charges could be filed against Binance if it failed to halt its Japan operations. Binance CEO Changpeng Zhao swiftly responded to the report, stating that it was “irresponsible journalism.” On March 22, Nikkei reported that the Japanese Financial Services Agency (FSA) had warned Binance about its operations … Read more

Class Action Complaint Accuses Coinbase of ‘Insider Trading’

A class action lawsuit was filed against Coinbase this past Thursday on March 1 accusing the exchange of ‘insider trading’ for the bitcoin cash launch last December. The complaint filed by the plaintiff is demanding a jury trial for losses incurred on behalf of himself and the other customers involved. Also read: Markets Update: Crypto Markets … Read more

Robinhood Starts Rolling Out Cryptocurrency Trading Today

Robinhood has finally launched today its highly anticipated crypto trading for bitcoin and ethereum, allowing its now 4 million investors to trade cryptocurrencies alongside stocks, ETFs, and options on the same platform. The feature is being gradually rolled out to people residing in five American states. Also Read: Bug at Japanese Government-Approved Zaif Exchange Let Users … Read more

Hello Group Develops Exchange Platform Offering Bitcoin Cash Trading Pairs

Bitcoin cash (BCH) continues to establish itself as a versatile cryptocurrency, pulled by market forces to fill various niches. It is already supported by many wallets and ATMs, and now Hello Group plans to use BCH as the base currency on its latest exchange platform offering. Also Read: American ATM Network Athena Bitcoin Adds Bitcoin … Read more

Jay Z’s Company Invests in Robinhood’s Cryptocurrency Trading Platform

Renowned rapper and producer Jay Z’s entertainment company Roc Nation, founded in 2008, has invested in Robinhood’s cryptocurrency trading platform. Arrive, a subsidiary of Roc Nation, stated in an official announcement that it has invested in Robinhood because of its vision to improve the accessibility of financial markets. Arrive’s statement emphasized the importance of Robinhood’s … Read more

Binance Cryptocurrency Exchange Expected to Remain Offline for 12 Hours

Binance, one of the world’s largest cryptocurrency exchanges which is said to be the fastest growing startup in history, has been offline for several hours. The Binance development team along with its CEO Changpeng Zhao–who was recently included in the Forbes list of cryptocurrency’s richest people–announced that a server issue led the trading platform to … Read more

Australia’s Bondi Brothers Quit Their Day Jobs to Focus on Crypto Trading

Given the recent increase – and subsequent decline – of the Bitcoin price, most people think it’s too late to make big money with cryptocurrency. Nothing could be further from the truth, though. If the Bondi brothers are to be believed, they make an average of AUD$2,000 per day just by trading various cryptocurrencies. It doesn’t take … Read more

Japan’s Largest Bank to Launch Cryptocurrency Exchange

As bitcoin trading becomes the new mainstream in Japan, leading financial firms are stepping in to offer services to preserve their market share. MUFG, the largest bank in the country, is now planning to launch its own exchange, a pegged cryptocurrency and bitcoin segregated accounts for clients of other exchanges. Also Read: Some UK Mortgage … Read more

Faced With Never Owning a Whole Bitcoin, Investors Are Turning to Altcoins

For the price of one millibit – or a thousandth of a bitcoin – you can buy 700 verge or 1,300 reddcoin. These microcap coins lack bitcoin’s luster, but they do have two things in their favor: there’s a lot of them and they’re ”cheap”. Priced out of being able to afford a whole bitcoin, … Read more

The Psychology of the Cryptocurrency FOMO-FUD Cycle Has Been Weaponized

It comes with little surprise that promoters of new altcoins and ICO tokens use every tool at their disposal to gain an advantage in the ever-crowded cryptocurrency market. While the positive marketing approaches are well known and widely talked about, like sponsorship deals with rappers, sport stars and other celebrities, the negative side of the … Read more