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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Viennese crypto and fintech firm Bitpanda has received a payment service provider license from Austria’s financial regulator in accordance with EU-wide rules. Viennese crypto and fintech firm Bitpanda has received a payment service provider license from Austria’s financial regulator. The development was reported by Cointelegraph auf Deutsch on April 4. The license has reportedly been […]
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The United States county of Missoula, in Montana, has adopted previously discussed regulation of cryptocurrency mining. The United States county of Missoula, in the state of Montana, has adopted regulation for cryptocurrency mining, local media outlet the Missoulian reports on April 5. Per the report, the Missoula County Board of Commissioners voted unanimously to impose new […]
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The crypto exchange also placed higher than Twitter and Intel in the listings, which refer to the U.S. market. United States cryptocurrency exchange Coinbase has become the only cryptocurrency business to make it into LinkedIn’s list of the most popular companies for 2019, results confirmed on April 3. The yearly rundown, which ranks company popularity […]
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Barclays and the Royal Bank of Scotland joined around 40 entities testing a platform based on R3’s Corda. Two major United Kingdom banks — Barclays and Royal Bank of Scotland (RBS) — have joined a trial using blockchain to streamline real estate purchasing after rethinking the technology’s potential, Bloomberg reported on April 4. The trial, […]
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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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Canadian cryptocurrency exchange Coinsquare announced that it will be launching a Canadian dollar-back stablecoin. Coinsquare, one of Canada’s top crypto exchanges, will be launching a stablecoin backed by the Canadian dollar dubbed eCAD, according to a press release on April 4. The new coin will purportedly be backed at a 1:1 ratio with Canadian dollars. […]
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A cryptocurrency tax software startup has integrated with major tax filing software TurboTax. Cryptocurrency-focused tax software CryptoTrader.Tax has integrated with leading American tax software Intuit TurboTax, according to a press release on April 4. The integration will purportedly allow users to export tax calculations from CryptoTrader.Tax to the TurboTax filing software, which will supposedly make […]
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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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