Venezuela has been listed as the third country with the most cryptocurrency adoption in the world by Chainalysis in its 2020 report. With its citizens coping with crippling inflation and losing purchasing power, the country has taken a turn for these assets to survive. But what are the real numbers behind this crisis that made […]
A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. Announcements of stablecoins and exchange services from giants Binance, […]
Coinbase has announced that it plans to list over 30 cryptocurrencies, with many more to follow. In its largest listing spree to date, the California-based exchange will add dozens of cryptocurrencies in the coming months, including dai, mana and neo. Moving forward, Coinbase ultimately plans to add over 90 percent of “all compliant digital assets.” […]
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When you’re trading digital assets, speed matters — particularly so if you’re engaged in high-frequency trading, when every millisecond counts. Executing orders a fraction of a second ahead of the market can mean the difference between profit and loss. New data reveals which cryptocurrency exchanges are the fastest — and which are struggling to keep […]
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British-based digital bank Revolut has applied for financial licenses in two European Union member states, Lithuania and Luxemburg, in the light of risks associated with Brexit. We’ve covered its progress in The Daily. Also in the rubric on Wednesday, Estonian startup introduces multi-currency wallet supporting BCH, Binance increases the market supply of its BNB coin, […]
The post The Daily: UK’s Revolut Seeks EU Licenses, Quppy Launches Wallet With BCH appeared first on Bitcoin News.
Speculation has been swirling around a BTC wallet held dormant for over four years that is suddenly showing movement. That it contains something on the order of nearly one billion dollars worth of bitcoin core (BTC) has the ecosystem in both investigative mode and panic, as it could signal a giant dump at the very […]
The post $800M BTC Wallet Reactivates: Tens of Millions to Exchanges appeared first on Bitcoin News.
A primary attraction of decentralized cryptocurrencies is that they’re censorship-resistant. The more centralized a coin is, the easier it is for its supply to be controlled. But there’s another problem with overly-centralized cryptocurrencies such as ripple: they risk being classified as a security, which brings all kinds of problems. Also read: Emin Gün Sirer Discusses Cryptocurrency […]
Payment company Circle has announced that it has purchased Poloniex cryptocurrency exchange. Rumors of the acquisition had been circulating for weeks, and were finally confirmed today in press releases issued by both parties. Poloniex is one of the most well established cryptocurrency exchanges, but has been stagnating. It is hoped that the partnership will revitalize […]
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Cryptocurrency markets are suffering from new lows on the first of February as nearly every digital asset is down 3-20 percent. Since the last week of December 2017, bitcoin core (BTC/USD) markets are seeing a continuous downward spiral not seen since 2014. At the moment BTC is desperately trying to climb above the $9K region […]
The post Markets Update: Bears Claw Cryptocurrency Prices Down to New Lows appeared first on Bitcoin News.