Binance CEO Changpeng Zhao has predicted that Binance will resume serving the US within two months, thanks to help from BAM Trading Services. Changpeng Zhao, CEO of major cryptocurrency exchange Binance, has predicted that Binance will resume crypto-to-fiat operations in the United States within the next two months. Navigating U.S. regulation Zhao, also known as […]
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Almost a third of all global bonds are now trading at negative interest, representing $15 trillion or 75 times the Bitcoin market cap. According to Deutsche Bank, 27% of global bonds traded are now negative yield, so expected to pay out less than their initial cost. Negative yield bonds dwarf Bitcoin market cap This represents […]
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Major Spanish bank Santander is reportedly ceasing to enable United Kingdom customers to deposit their fiat funds to major cryptocurrency exchange Coinbase. Major Spanish bank Santander is reportedly ceasing to enable United Kingdom customers to deposit their fiat funds to major cryptocurrency exchange Coinbase. An unverified source posting to Reddit on Aug. 14 claims to […]
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Binance’s fiat-to-crypto service for European currencies has partnered with a fast-execution crypto platform. Binance’s fiat-to-crypto conversion branch for euros and British pounds, Binance Jersey, has entered into a partnership with the crypto investment service Caspian, which provides trading, portfolio and risk management on its platform. Caspian shared news of the partnership with Cointelegraph on Aug. […]
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Cryptocurrency holders that will not reply are subject to account examination by the United States Internal Revenue Service. Last month, the United States Internal Revenue Service (IRS) sent approximately 10,000 letters to cryptocurrency holders regarding their crypto holdings. The IRS has begun sending letters to taxpayers with digital currency transactions that potentially failed to report […]
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Bitcoin price losses 7% in 24 hours sparking criticism from naysayers but sentiment has yet to turn bearish. Bitcoin (BTC) price was feeling the pressure Aug. 14 after a fresh downturn saw the largest cryptocurrency settle below $10,500. Market visualization. Source: Coin360 Trade war tensions relief lifts markets, sinks Bitcoin price Data from Coin360 painted […]
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Higher prices on LocalBitcoins coincide with political uncertainty in a move copied in Argentina. Bitcoin (BTC) has begun trading at a premium in Hong Kong as continued political uncertainty produces a widely-reported spike in demand. Copycat moves underline fiat distrust Data from P2P Bitcoin exchange LocalBitcoins showed traders paying around $300 more per coin than […]
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BTC exchange Bitex has partnered with Uruguay-based financial software company Bantotal to expand its cross-border payments offerings in Latin America. Bitcoin (BTC) exchange Bitex has partnered with Uruguay-based financial software company Bantotal in order to expand it cross-border payments system on the Bitcoin blockchain to Latin America. CoinDesk announced the companies’ new partnership in a […]
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What does the next decade hold for blockchain? Institutional adoption, portfolio diversification, fundraising schemes and IoT. In the last decade, blockchain and distributed ledger technology has had an immense impact on a multitude of industries, with 84% of organizations experimenting with the technology, with more than half (52%) of blockchain projects in the research and […]
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Political events saw the peso devalued by 30% against the US dollar overnight. Bitcoin (BTC) continues to trade at a premium in Argentina after a sharp currency devaluation sent investors running for a safe haven. Argentine peso plunges 30% Data from local cryptocurrency exchange Buenbit put Bitcoin trading around $11,750 at press time Aug. 13, […]
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