Monthly Archives: January 2020

BitFlyer Now Offers US Users 0% Fees When Buying Bitcoin With USD

Tokyo-based cryptocurrency exchange bitFlyer launched its commission-free campaign for BTC/USD trading pair to its U.S. customers. People in the United States now have another zero-fee option to buy Bitcoin (BTC) with the U.S. dollar. On Jan. 30, Tokyo-based cryptocurrency exchange bitFlyer launched its commission-free campaign for BTC/USD trading pair to its U.S. customers. bitFlyer USA operates in 47 states in the U.S. and holds New York BitLicense The zero-fee feature is only available for the BTC/USD trading pair and has been implemented on bitFlyer’s pro trading tool, […]

More info

Crypto Exchange Zebpay Reopens in India Despite Banking Ban

Singapore-based crypto exchange Zebpay opens its doors to Indian clientele once again after a 16-month hiatus. Singapore-based crypto exchange Zebpay reportedly returns to the Indian market more than a year after an Indian Reserve Bank crackdown led to the exchange’s closure in the country.  After discontinuing Indian services in late 2018, Zebpay will open its exchange for the country once again, although the central bank ruling that caused its demise has not changed, IBS intelligence wrote on Jan. 29, Citing “reports.”  Shutdown in the face of regulation […]

More info

USDT Moves Every Eight Days on Average, Data Shows

Recent data shows Tether’s USDT stablecoin moves 46 times per year, on average. Recent data from crypto data site Coin Metrics shows USDT tokens change locations every eight days on average.  “The trailing 12 month velocity of @Tether_to on Omni, Ethereum and Tron has rapidly and consistently increased since September and currently sits at ATHs, where on average each $USDT turns over 46 times per year,” Coin Metrics posted on its Twitter account on Jan. 31.  Moving on three blockchains Tether, one of the crypto industry’s oldest stablecoin operations, […]

More info

Europe’s First Crypto License Issuer Warns of New Unregistered Crypto Firm

The Commission de Surveillance du Secteur Financier of Luxembourg has spotted another unregistered crypto company. Major European financial regulator, Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF), has spotted another unregistered crypto company. The firm, Crypto Bull, operating under the url crypto-bull.io, claims to be based in Luxembourg while it does not have permission to provide crypto services in the country, the CSSF announced on Jan. 31. The warning notice reads: “The CSSF informs the public that this entity has not been granted any authorisation to provide […]

More info

Bitcoin Price Drops 3% on Brexit and Coronavirus Case in the UK

The BTC/GBP pair declined by 3% as Brexit occurred and a case of coronavirus turned up in the United Kingdom. Bitcoin price (BTC) has been declining amid the recent coronavirus developments as today media reported that patients in the UK and Russia tested positive for the virus. The declining trend has been followed by major cryptocurrencies.  Cryptocurrency market daily overview. Source: Coin360 In a day that will mark the departure of the United Kingdom (11 p.m. UTC) from the European Union and the confirmation of 2 cases […]

More info

These Are the Most Traded Tokens on Decentralized Exchanges Right Now

The decentralized exchange landscape is evolving fast, with new liquidity aggregators and relays enhancing usability while reducing slippage. Trade volumes are also strong across the leading ERC20 DEXs and Binance DEX. The bulk of this volume is captured by a small proportion of tokens, however, whose demand augurs well for the projects and the DEXs they dominate. Also read: Ethereum’s Value Transfer Is Now Dominated by Stablecoins Verasity Is Binance’s King of the DEXs On Binance DEX, the decentralized exchange that operates on the eponymous Binance Chain, […]

More info

Price Analysis Jan 31: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, ADA, ETC

The bears are attempting to stall the current rally but bulls are likely to defend the closest support levels, suggesting each dip represents a buying opportunity. Morgan Creek Capital CEO Mark Yusko believes that Bitcoin should be a part of every investment portfolio. The performance analysis of the past five years shows that even portfolios that only held 1% of their total investments in Bitcoin managed to outperform their competitors. Bitcoin offers a ten-to-one downside capture, which makes it one of the most asymmetric assets that Yusko […]

More info

Trezor Wallets Can Be Hacked, Kraken Reveals

Kraken’s security division revealed that the entire family of Trezor wallets can be hacked to steal private keys, though the method requires specialized hardware. Kraken Security Labs revealed on Jan 31. that Trezor hardware wallets and their derivatives can be hacked to extract private keys. Though the procedure is quite involved, Kraken claims that it “requires just 15 minutes of physical access to the device.” The attack requires a physical intervention on the Trezor wallet by either extracting its chip and placing it on a special device […]

More info

Hierarchies of Money: Why You Use Bank Money But the Bank Wants Reserve Currency

While people tend to think of money as being all the same, the fact is governments and banks use different types of money than the everyday individual. From the top of the economic pyramid of world reserve currencies, down through central bank and commercial bank money, the capacities and function of different kinds of money vary broadly. Beyond M0, M1, and M2 classifications, reserve currencies ultimately afford policymakers opportunities not enjoyable by those holding “downstream” versions of the supply. Also Read: Money and Democracy: Why You Never […]

More info

Investigators Bust €6 Million Bitcoin and Gold Fraud Scheme

An international task force of French, Belgian and Israeli investigators brought down a fraud scheme responsible for stealing €6 million from French and Belgian citizens. French, Belgian and Israeli investigators have brought down a scheme that defrauded €6 million ($6.64 million) from French and Belgian citizens, a Jan 29. press release from Europol reads. The fraudsters promised significant returns for the victims’ investment in what appears to have been a Ponzi scheme. The international network of fraudsters was allegedly masterminded by a French-Israeli citizen. Authorities arrested nine […]

More info
1 2 3 4