Coinbase CEO Brian Armstrong believes that in order to attract more investors cryptocurrencies need to be stable, fast and user friendly. Brian Armstrong, CEO of major United States cryptocurrency exchange Coinbase, believes that crypto mass adoption mostly depends on volatility, scalability and usability. Armstrong made his claim during a live ask-me-anything (AMA) session on April […]
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Some cryptocurrency exchange platforms are inflating their Bitcoin trading volumes to earn higher listing fees, but the market’s liquidity is still due to trading activity on tightly regulated exchanges. In mid-March, Bitwise Asset Management issued a damning report on Bitcoin (BTC) trading figures. The San Francisco-based index fund provider declared that up 95 percent of […]
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U.S. CFTC Chairman J. Christopher Giancarlo has emphasized the agency’s commitment is to monitor, but not impede, the development of the crypto asset sector. United States Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo has emphasized the agency’s commitment is to monitor, but not impede, the development of the crypto asset sector. Giancarlo made […]
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Cumberland, the Chicago-based crypto trading unit of DRW Holdings LLC, reported a sharp, sudden spike in large Bitcoin transactions on Monday evening. Cumberland, the Chicago-based cryptocurrency trading unit of DRW Holdings LLC, reported a sharp, sudden spike in large-scale Bitcoin (BTC) transactions the evening of Monday, April 1. The company revealed the data in a […]
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The SFOX Multi-Factor Market Index indicates that the cryptocurrency market entered April as mildly bullish. Institutional cryptocurrency prime dealer SFOX’s index is now reading the digital currency market as “mildly bullish,” according to a report published on April 4. In the course of preparing the report, the company collected data about price, volume and volatility […]
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The number of Google search requests for “Bitcoin” nearly tripled during the recent price spike. Google searches for “Bitcoin” nearly tripled during the recent price spike, according to Google Trends data. According to Google Trends, search requests for Bitcoin (BTC) jumped from roughly 30 to 100 following the leading cryptocurrency’s surge on the night of […]
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Regulated crypto trading platform IronX has rolled out following a $26 million initial coin offering. Cryptocurrency exchange IronX has launched for the public following a $26 million initial coin offering (ICO), technology-focused media outlet The Fintech Times reported on April 4. IronX is a regulated trading platform that was jointly established by digital trading firm […]
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Hut 8 crypto mining, which runs a joint venture in Alberta with Bitfury, has reportedly laid off more staff. Canadian Bitcoin (BTC) mining firm Hut 8 has reportedly laid off employees at its facilities in the province of Alberta, the Canadian Broadcasting Corporation (CBC) reports April 4. Hut 8’s crypto mining facilities in Drumheller and […]
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Hong Kong’s financial watchdog secretary states that illicit crypto mining operations are subject to local trading law. The secretary of Hong Kong’s Financial Services and the Treasury has stated that crypto mining operations are regulated by local trading law. His written response to Hong Kong’s Legislative Council was published on Wednesday, April 3. The Council […]
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18 out of the 20 top cryptos by market cap are in the red today, while still seeing solid growth over the past 7 days. Thursday, April 4 — following its first major bullish move in 2019, the crypto markets reversed to see red today, with Bitcoin (BTC) having dipped below the $5,000 threshold. Out […]
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