Category: Finance

A New Bitcoin World

Coincheck to Start Compensating Hack Victims and Resume Operations Next Week

Coincheck to Start Compensating Hack Victims and Resume Operations Next WeekHacked Japanese exchange Coincheck is getting ready to start compensating its customers next week as it plans to resume operations. The exchange has been slapped with two business improvement orders so far by Japan’s financial regulator and may stop trading some cryptocurrencies for safety reasons. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 […]

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March 9, 2018 0

Wirex Launching Bitcoin Debit Cards in Europe

Wirex Launching Bitcoin Debit Cards in EuropeNew crypto debit cards, with multiple currency accounts in GBP, EUR, USD, and BTC are offered by Wirex in Europe. The first plastic Visa cards were issued on Thursday, according to media reports. The new cards were made available for UK users on March 8. The service should be offered to customers in other EU […]

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March 9, 2018 0

The 65 Percent Price Dip Has Made ‘Bitcoin Whales’ A lot More BTC

Last year bitcoin had a phenomenal run leading up to its all-time high of $19,600 per BTC this past mid-December. The price over the past few weeks had since dipped to a low of $5,900 on Monday, February 5, losing close to 65 percent of its value in a short period. The dip has ‘rekt’ […]

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February 12, 2018 0

‘Black Monday’ Shows Bitcoin Isn’t As ‘Dangerous’ As Regulators Claim

'Black Monday' Shows Bitcoin Isn't As 'Dangerous' As Regulators ClaimLooking at mainstream media headlines over the past few weeks shows a lot of columnists and pundits have declared that ‘bitcoin’s bubble has burst.’ They always claim that it’s much safer to invest in traditional investments like equities or the stock market while at the same time highlighting cryptocurrency’s volatile price swings. However, on Monday, […]

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February 6, 2018 0

Major British Credit Card Issuers Ban Customers From Buying Cryptocurrencies

Major British Credit Card Issuers Ban Customers From Buying CryptocurrenciesBritain’s largest banking group is banning its credit card customers from buying cryptocurrencies including bitcoin. Credit card issuers that are banning crypto transactions include the UK’s largest retail bank, Lloyds Bank, Bank of Scotland, Halifax, and MBNA. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Largest British Banking Group Banning Crypto Britain’s […]

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February 6, 2018 0

Bitcoin Futures Report Shows Bullish Sentiment Is In the Air

Bitcoin Futures Report Shows Bullish Sentiment Is In the AirBitcoin and cryptocurrency markets, in general, have been bearish during the first month of 2018 after many digital assets reached all-time price highs this past December. A lot of people have been following the correlation between the newly added bitcoin-based derivatives markets offered by Cboe and CME, alongside bitcoin spot prices over the past four […]

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January 28, 2018 0

New Research: Laundering of Illicit Funds Less than 1% of Bitcoin Transactions

Research Concludes that Laundering of Illicit Funds Constitutes Less than 1% of Bitcoin TransactionsThe Foundation for Defense of Democracies’ Center of Sanctions and Illicit Finance in conjunction with blockchain analytics company, Elliptic, has published a study seeking to track the circulations of illicit funds within the bitcoin economy from 2013 to 2016. The research concludes that the share of funds of illicit origin comprises less than one percent […]

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January 20, 2018 0

Visa Veto Leaves Several European Cryptocurrency Cards Locked Out

Visa Veto Leaves Several European Cryptocurrency Cards Locked OutEuropean cryptocurrency card holders are awakening to discover that their plastic is now worthless. A Visa-led crackdown has seen several crypto card issuers forced to call an end to their services across Europe. Visa subsidiary Wavecrest is being blamed for the withdrawal of service, which affects scores of crypto card issuers including Bitwala, Tenx, Bitpay, […]

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January 5, 2018 0

Market Optimism Declines as Bitcoin Futures Euphoria Ends

Market Optimism Declines As Bitcoin Futures Euphoria EndsThis week it seems the euphoria from the introduction of CME Group and Cboe’s bitcoin-based futures markets has fizzled. Since both companies announced launching their futures products, the price of bitcoin gained over three times its value in just 45 days. Since the derivatives markets have begun the futures products’ volumes has been lackluster, and […]

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December 21, 2017 0

Buying Bitcoin On a Margin: Winning Big or Losing Your Shirt

Buying Bitcoin On a Margin: Winning Big or Losing Your ShirtOn November 29 there were quite a few bitcoin market spikes, and so-called flash crashes on exchanges, according to traders on social media and forums. One particular group of traders that really felt the storm when markets got turbulent were margin traders on exchanges like Bitfinex. In fact, if one were to visit the Reddit forum […]

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December 2, 2017 0