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With an estimated population of hundreds of millions of unbanked and underbanked people, Africa is a prime location for game changing financial technologies like bitcoin to take hold. A new report shows again that while not reaching the speculative online trading volume of Asia or the West, Africans are investing in bitcoin in growing numbers, … Read more
As if it wasn’t clear enough, we just got another indication that the cryptocurrency markets have soured for price speculators. One of the biggest names in the contracts-for-difference field, IG Group, has revealed that crypto CFD trading is on the decline this year. Also Read: Monthly Web Traffic for Major Bitcoin Exchanges Falls by Half … Read more
According to recent data collected by the South Korean government, the accumulated commission income of the country’s 30 cryptocurrency exchanges last year was 87.5 times that of the previous year. The vast increase in income and crypto transactions was largely contributed by the newcomer exchange backed by Kakao Corp. Also read: Indians Look to Buy … Read more
After a somewhat excitable day across all cryptocurrency markets yesterday, things are down to their old habits. We see small to big retraces for all major cryptocurrencies, barring one exception. The EOS price is the only currency in the top 10 which is still in the green as of right now. Thanks to a small … Read more
After a few difficult days, it seems the cryptocurrency markets are slowly going back to normal. More specifically, the Ethereum price has climbed back above $1,000 as of last night, after dipping all the way down to $799. A very remarkable bound back, even though all markets are still in a bearish state right now. … Read more
Amid regulatory uncertainty, South Korean cryptocurrency exchange Upbit has grown rapidly, offering 121 cryptocurrencies and over 200 trading pairs. Backed by Kakao Corp, the platform is now the largest crypto exchange by volume globally. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Upbit Tops the Chart South Korean … Read more
In a rather surprising turn of events, it seems the XRP price is slowly starting to mount a comeback all of a sudden. More specifically, the XRP price has taken a major beating in the past two weeks, but the momentum is slowly turning in favor of Ripple’s asset once again. With a value of … Read more
Things are finally getting back on track for Bitcoin. After a rough patch at the end of 2017 and early 2018, the Bitcoin price is finally moving up once again. More specifically, we now have a Bitcoin price of $116,461, which is a nice 10.53% increase compared to 24 hours ago. Whether or not this … Read more
Kakao’s cryptocurrency exchange Upbit now claims to be the largest crypto exchange by volume in South Korea, one of the top three markets globally. Listing over 120 coins and leveraging Kakao Talk’s massive user base, Upbit currently facilitates an average daily trading volume of 5 trillion won. Also read: South Korea Clarifies Position After Reports of … Read more
