The price of Bitcoin and other markets jumped on news of a Fed rate cut, but BTC remains in an indecisive channel while holding a critical support level. The price of Bitcoin (BTC) made a severe drop in the past week, similar to the heavy dropdown of the equity markets. However, equity markets have been […]
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Major decentralized finance player MakerDAO has partnered with payment processor Simplex to create a fiat on-ramp for its Dai decentralized stablecoin. Major decentralized finance (DeFi) player MakerDAO (MKR) partnered with payment processor Simplex to create a fiat on-ramp for its Dai (DAI) decentralized stablecoin. According to an announcement on Mar. 3, the partnership makes it […]
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The company that controls 1.5% of the world’s Bitcoin believes that institutional investors have changed their view of the cryptocurrency since 2018. Bitcoin (BTC) has “solidified” its role in the world economy as both a store of value and “digital gold,” the head of the world’s largest BTC fund has said. Speaking in an interview […]
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The number of global crypto ATM’s has grown to over 7,000, after surpassing the 6,000 mark just last fall. The number of crypto ATMs across the globe has grown to over 7,000, with machines in 75 countries. At press time, CoinATMRadar listed 7,014 cryptocurrency ATMs in existence. This number also includes machines hosting digital currencies […]
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High-frequency trading is profoundly changing the way the cryptocurrency market works, and this is how. Which firms offer high-frequency trading for cryptocurrency? While still in its infancy, a few traditional HFT firms have begun offering digital assets to their clients. Even more, at least one cryptocurrency exchange is giving users the tools they need to […]
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The German financial watchdog BaFin has issued a summary instruction manual for businesses that wish to offer cryptocurrency services that require its custody. The German financial watchdog (BaFin) issued a new summary leaflet detailing how cryptocurrencies are treated under newly enacted laws for 2020. The instructions are presented as BaFin’s interpretation of the new German […]
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Measures by the French government to help stymy the spread of the coronavirus have led organizers of the Paris Blockchain Week Summit to reschedule. Organizers in Paris have rescheduled a major local blockchain industry event due to the coronavirus outbreak. According to an announcement on March 2, the Paris Blockchain Week Summit — initially meant […]
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Binance has reversed its vote in what appeared to comprise a coordinated move to take over the Steem blockchain to the benefit of Tron’s Justin Sun. On March 3, Binance CEO Changpeng Zhao announced that the exchange had removed its votes that contributed to a sudden shift of control over the Steem blockchain. Earlier today, […]
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Reaction to financial stimulus promises among market investors is “unbelievable,” one commentator says, as Bitcoin firmly avoids celebrating. Bitcoin (BTC) continued to fluctuate around its key 200-day moving average price on March 3 as traders expressed mounting concern over traditional markets. Cryptocurrency market daily overview. Source: Coin360 BTC price shuns exuberance Data from Coin360 and […]
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The United States Treasury met with prominent figures from the cryptocurrency space to discuss regulatory challenges. The United States Department of the Treasury met with prominent figures from the cryptocurrency space to discuss regulatory challenges. The Treasury announced on Mar. 2 that it along with industry thought leaders and compliance experts discussed the supervision of […]
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