China’s Sichuan province accounts for over 50% of the global hash rate, according to a study by digital asset manager CoinShares. Chinese Bitcoin (BTC) miners are now responsible for controlling as much as 66% of global hash rate, a new report claims. China’s Sichuan province is accounting for over half the global hash rate, according […]
Continue Reading
Huobi completes its executive team in Turkey by appointing ex-Deloitte exec Alphan Gogus as the new general manager. Global crypto exchange Huobi completes its executive pursuit in Turkey by appointing Alphan Gogus, a veteran in crypto and finance, as the new general manager for Huobi Turkey. A new manager for a growing market Global crypto […]
Continue Reading
Several altcoins are on the verge of resuming their downtrend. What are the critical levels to watch out for going into mid-December? Paris-based asset management firm Napoleon AM has announced the launch of a specialized professional fund under French law, the Napoleon Bitcoin Fund. The fund would replicate the price of the cash-settled Bitcoin futures […]
Continue Reading
The New York Department of Financial Services plans to review its crypto listing framework by late January 2020. The New York Department of Financial Services (NYDFS) is planning to update its virtual currency license for the first time in nearly five years. The authority has published proposed guidance on adoption or listing of virtual currencies […]
Continue Reading
Jack Dorsey, the founder and CEO of Twitter, has revealed that the company funded a dedicated team to develop a decentralized standard for social media. Jack Dorsey, the founder and CEO of Twitter and payments operator Squre, has revealed that Twitter is funding a dedicated team to develop a decentralized standard for social media. In […]
Continue Reading
Elliptic Discovery collects details of more than 200 crypto exchanges to enable banks to manage risks associated with crypto. London-based cryptocurrency compliance firm Elliptic has launched a new tool that allows banks to work more closely with crypto exchanges. Dubbed Elliptic Discovery, the product collects detailed profiles of more than 200 global crypto exchanges to […]
Continue Reading
Cryptocurrency exchange Kraken is launching support for Tezos staking starting on Dec. 13. Cryptocurrency exchange Kraken is launching support for Tezos (XTZ) staking, according to an announcement published on Dec. 11. Starting on Dec 13., Kraken will enable its users to trade with XTZ and obtain instant financial rewards. To begin staking XTZ, users have […]
Continue Reading
There are simple bullish Japanese candlestick patterns that every Bitcoin and cryptocurrency trader should know — here are 5 of them. Candlestick charts are favored by crypto traders due to their visual appeal and simple to understand nature. Their history lies in the Japanese rice trading and the system has been updated and utilized throughout […]
Continue Reading
China’s securities regulator CSRC will reportedly open a tech division that will be headed by the former chief of the central bank’s digital currency initiative. China’s securities regulator is reportedly setting up a tech division that will be headed by the former chief of the central bank’s digital currency initiative. Yao Qian, a former director […]
Continue Reading
Paris-based asset management firm Napoleon AM announced the launch of a regulated Bitcoin fund, the Napoleon Bitcoin Fund. Paris-based asset management firm Napoleon AM announced the launch of a regulated Bitcoin (BTC) fund, the Napoleon Bitcoin Fund. The company announced in a press release that the fund was created on Nov. 8 and is a […]
Continue Reading