A temporary ban on Faster Payments means U.K. cryptocurrency traders must send funds via SWIFT. United States cryptocurrency exchange Coinbase has abruptly imposed a minimum deposit amount of 1,000 British Pounds ($1,240) for United Kingdom account holders, staff confirmed in private emails on July 16. Coinbase Suspends Faster Payments Deposits in U.K. Coinbase, which previously […]
Continue Reading
The billionaire investor appeared to stand up for internet freedom in India, but his comments gained little appreciation. Bitcoin (BTC) proponent and Tezos investor Tim Draper hit out at the Indian government on Twitter July 16 after alleged evidence appeared it was preparing to ban cryptocurrency. Draper Appears To Mistake Draft Law For Genuine Ban […]
Continue Reading
Bitcoin’s average transaction volume is topping $3 billion per day, data from crypto analytics site Coinmetrics.io reveals. Bitcoin’s average transaction volume is topping $3 billion per day, data from crypto analytics site Coinmetrics.io reveals as of July 16. Bitcoin’s Uptrend in Daily Transaction Value Eclipsing Altcoins’ The data — which has been adjusted to remove […]
Continue Reading
France is poised to approve initial coin offerings operators and other crypto businesses with its new regulatory approach to the sector. France is poised to approve initial coin offerings (ICO) operators and other crypto businesses with its new regulatory approach to the sector. ‘France is a Precursor’ As Reuters reported on July 16, the new […]
Continue Reading
U.S.-based regulated crypto derivatives and clearing platform LedgerX is giving retail investors the chance to bet on Bitcoin hitting $100,000 by 2020. United States.-based regulated crypto derivatives and clearing platform LedgerX is giving retail investors the chance to bet on Bitcoin (BTC) hitting $100,000 by 2020. New Possibilities for the Retail Crypto Trader As Bloomberg […]
Continue Reading
The combined cryptocurrency market cap should shed 80% of its recent gains, Peter Brandt warns. Bitcoin Price Clings to $9,500 Support Bitcoin (BTC) continued to trade down on July 17 after a further 10% fall sent the price of the largest cryptocurrency back below $10,000. Market visualization courtesy of Coin360 Data from Coin360 showed a […]
Continue Reading
The price of bitcoin has dropped below $10,000 in a sharp pullback. Analysts discuss where the market is headling and the factors of the drop. Since July 10, the price of Bitcoin (BTC) has fallen from $13,200 to $9,684, with major cryptocurrency exchanges including Coinbase, recording a 26.6 percent drop within a period of seven […]
Continue Reading
Seven Venezuelans claim to have been lured into a $30 million Ponzi scheme with a cryptocurrency pegged to diamonds A group of Venezuelans has filed a lawsuit with a Florida Federal Court in connection with a Ponzi scheme involving $30 million in cryptocurrency promoted by Canadian investment radio host Harold Seigel. Payment and commerce news […]
Continue Reading
Bitpoint incident continues the streak of hacks targeting Japan-based exchanges. On July 12, 2019, Tokyo-headquartered cryptocurrency exchange Bitpoint promptly suspended its services after noticing an error in the outgoing funds transfer system. Soon, an official announcement followed, revealing that the trading platform had lost around 3.5 billion yen (roughly $32 million) as a result of […]
Continue Reading
Bitcoin dipped below the $10,000 threshold for the second time in July following a hearing on Facebook’s Libra crypto project. The Bitcoin (BTC) price has dipped below the $10,000 price mark on July 16, while all top 20 coins by market cap are seeing significant losses. Market visualization from Coin360 Bitcoin has dipped below $10,000 […]
Continue Reading