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 […]
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CoinMarketCap and major crypto exchanges are pushing to improve liquidity, strengthening the long-term growth trend of the sector. In May, crypto market data provider CoinMarketCap requested all exchanges in the global exchange market disclose accurate data in a move to improve transparency of the information displayed on the platform. CoinMarketCap declared an ultimatum to all […]
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Digital money has been gradually transforming the world’s charity landscape, involving governments and traditional nonprofits. The technology that underpins cryptocurrencies has been gradually entering the charity sector, purportedly providing more transparency and trust to the industry — especially given a decrease in people’s trust in charity organizations, where the public is increasingly concerned about how […]
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Executives compared the launch to the 1969 moon landing after Bakkt faced multiple delays due to compliance issues. Institutional cryptocurrency platform Bakkt will begin testing its first product, physically-delivered bitcoin (BTC) futures on July 22, the company announced in a blog post on June 13. Bakkt, which has seen multiple delays over regulatory compliance since […]
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There exists a possibility the abrupt fall of bitcoin to $6,400 could hinder the chances of an ETF approval. On May 17, bitcoin’s (BTC) price experienced a “flash crash,” dropping to $6,400 within minutes, which was triggered by a 5,000 BTC sell-off — equivalent to around $35 million at the time. An individual investor, speculated […]
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Robinhood Crypto officially launched its commission-free trading in New York after acquiring a BitLicense in January 2019. American stock brokerage Robinhood Crypto has officially launched its zero-fee crypto trading app in New York, the company announced in a blog post on May 23. Following the acquisition of a BitLicense by the New York State Department […]
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Bitstamp processed a very large sell order, while Bakkt’s bitcoin futures should be tested in July. Top Stories This Week Coming every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — […]
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Onchain Custodian CEO predicts more collaboration between traditional and crypto custodians; fellow panelists agree. Alexandre Kech, CEO of Onchain Custodian, predicted that collaboration between crypto and traditional custodians will grow. Kech’s remarks came during a panel called “Custody: The New Global Competitive Landscape,” part of Consensus 2019 on May 14. Kech observed that crypto custodians […]
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American payments startup Uphold has announced that it will use Ledger Vault to add more security to its platform. French crypto hardware firm Ledger will provide its technology to American payments startup Uphold to improve security, according to a press release shared with Cointelegraph on May 13. Formerly known as Bitreserve, Uphold will reportedly incorporate […]
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First announced in August 2018, ICE’s Bakkt is planning to test bitcoin futures trading and custody in July 2019. Bakkt plans to roll out testing for bitcoin futures trading in early July 2019, Bakkt CEO Kelly Loeffler announced in a Medium post on May 13. First announced in August 2018, institutional crypto exchange Bakkt now […]
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