It was only a matter of time before new futures contracts involving different cryptocurrencies came to market. Contrary to what most people expected, it appears Litecoin futures are of great interest to Crypto Facilities. It is an interesting concept which will bring more attention to one of the older alternative […]
Tag: cryptocurrency
What Is Taxbit?
Filing taxes pertaining to Bitcoin and other cryptocurrencies remains a very big problem for a lot of people. While some interesting tools exist, the process needs to be made easier and more straightforward. Taxbit can be a very helpful tool in this regard, although it may not be for everyone. […]
Cboe Says ICO Market Will Come After Investors, and It’s Not Looking Good
Chris Concannon, the president of the Chicago Board Options Exchange (Cboe), the world’s biggest derivatives market behind CME Group, has warned investors in tokens and initial coin offering (ICO) projects of an upcoming two-part regulatory reckoning. ICO Investors Could be in Trouble In an exclusive interview with Frank Chaparro from […]
South Korea’s Cryptocurrency Industry Sees a Growing Number of Trading Bots
Trading bots have been playing an increasingly important role in the world of cryptocurrency. That in itself is a very positive development, although it may lead to a lot more speculation and volatility. It seems a few bots are making their mark on the South Korean cryptocurrency industry these days, […]
The Number of Bitcoin ATMs in Australia Doubled in the Past Six Months
Australia is quickly becoming an integral part of the cryptocurrency world. Thanks to solid regulatory developments and a growing Bitcoin ATM network, bringing cryptocurrency to the masses has become a lot more straightforward. It is quite interesting to see how things have been accelerating over the past six months in […]
Decentralized Cryptocurrency Exchanges Are Finally Seeing Large Volumes, Led by IDEX
Despite skepticism from cryptocurrency traders and Ethereum users, decentralized digital asset exchanges are experiencing a rapid growth rate in terms of volume, led by IDEX, the most widely utilized decentralized application (DApp) on the Ethereum protocol. IDEX Overtakes CryptoKitties Throughout the past eight months, CryptoKitties, the Ethereum-based digital collectibles platform […]
Millionaires Don’t Receive Sufficient Crypto Investment Advice from Wealth Managers: Study
It is evident the cryptocurrency industry continues to attract people from all walks of life. Those with little money hope to strike it rich, whereas the wealthy hope to make more of what they already have. One thing both groups have in common is a desire for better cryptocurrency advice. […]
In-depth overview of outstanding blockchains in Silicon Valley: How to define the standards of the next generation of public chain?
Recently, the community discussions focus on the blockchain era 3.0 and even the era 4.0. The debate between the Vitalik Buterin and the Bytemaster, leading figures of ETH and EOS respectively, helps more people to understand how significant the underlying technology is for the blockchain development. With the rapid rise […]
More Claims Regarding Exchanges Faking Trading Volume Surface
Even though the cryptocurrency industry is of great interest to a lot of people, it has become evident that there are quite a few concerns to contend with. One of the bigger concerns involves fake trading volume on exchanges. One particular story stands out in this regard, although it needs […]
What Is the Crypto Exchange Ranks Project?
There are a lot of interesting developments in the world of cryptocurrency. Crypto Exchange Ranks is a rather unusual venture, although it could prove rather valuable in the long run. Assessing the vulnerability and liquidity of exchanges is direly needed at this point in time. CER in a Nutshell On […]
What Is the ORCA Alliance?
A lot of innovative concepts exist in the world of cryptocurrency. Not all of them will succeed in the long run, yet interesting developments tend to take place quite regularly. The ORCA Alliance, for example, seems to offer conversion from cryptocurrency to fiat currency with no fees or delays. The […]
Investors Concerned About Dozens of New Crypto Exchanges in Korea as Hacks Emerge
This week, Hankyung, a major mainstream media outlet in South Korea, reported that dozens of new cryptocurrency exchanges are set to launch in the country in the next few months with a primary focus on integrating new digital assets. Integration First, Security Second Over the past three months, Huobi Korea, […]
Citibank Plans to Replace 20,000 Employees with Robots and Automation
Jamie Forese, the president and CEO of Citibank’s institutional clients group, stated in an interview with the FT that 20,000 employees, or around 40 percent of the bank’s total workforce, can be easily replaced with machine learning and artificial intelligence (AI). Banks are Replacing Employees with AI According to Forese, […]
Bitcoin Is Now Accepted at a 550-Year-Old Istanbul Market
Earlier this week, a member of an online Bitcoin community revealed that a 550-year-old market in Istanbul contains merchants accepting Bitcoin. The photograph which the individual posted featured a big Bitcoin logo in a crowded part of the market that is widely acknowledged as a popular tourist destination. Positive Sign […]
Blockchain Can Turn the Finance Industry Upside Down: Germany’s Finance Chief
Felix Hufeld, chief of the German Financial Supervisory Authority (BaFin), the government’s main financial agency, stated in a speech at a conference held in Berlin that blockchain technology has the potential to turn the traditional finance industry upside down. Optimistic Long-Term Vision Despite the recent correction of the cryptocurrency market […]
Coinbase Remains a Kingmaker for Cryptos
Coinbase recently announced that it would be adding support for Ethereum Classic (ETC), a hard fork of Ethereum. The announcement caught the crypto community by surprise, as the exchange had repeatedly made it clear that it would not be adding any digital assets in the near future. However, the reaction […]
UK Regulator Advises Banks to “Enhance Your Scrutiny” When Dealing with Crypto Firms
The Financial Conduct Authority, a financial industry regulator in the UK, has called for appropriate caution and enhanced scrutiny from banks as they handle firms engaged in crypto trading. In an open letter to CEOs, the FCA’s Executive Directors of Supervision, Megan Butler and Jonathan Davidson, listed a number of […]
Is an Autonomous and Self-Regulating Crypto Industry Really Possible?
Regulation of the cryptocurrency industry is a divisive issue, with some being in full support while others view it as going against Satoshi Nakamoto’s vision of a self-regulating industry. Those who support regulation see it as the only way cryptos can go mainstream and attract institutional investment. There is no […]