In recent weeks various industry observers have indicated that the cryptocurrency market is experiencing a bullish run. The notion has received more support with a fresh report implying that the bear market is actually waning and it is in the accumulation phase. Heavy Accumulation According to a recently published report by Adamant Capital, Bitcoin is…
On April 17th, word went around that Coinbase crypto services will be expanding to 11 new countries. And the information is true. According to the crypto exchange, Coinbase will expand its crypto-to-crypto conversions and trading services to Colombia and Mexico, among other countries. Here’s what we know. Coinbase Expanding Crypto Services Based in San Francisco,…
According to media site Globes, the team behind blockchain smartphone Finney has laid off a quarter of its workforce. Sirin Labs has let go of 15 team members after overestimating sales of its innovative device. The company said it had received 160,000 Finney pre-orders in late 2018, so what’s happened? Sirin Labs Loses Workforce The company…
Rakuten has begun accepting applications for accounts for its anticipated cryptocurrency exchange called “Rakuten Wallet.” The company announced that pre-registration is available for customers with Rakuten Bank, but further details as to whether the service will be available for everyone has not yet been revealed. The company previously stated that the crypto exchange will commence…
A new blockchain-focused venture capital fund called Proof of Capital has been established by a group of investors. The aim of the $50 million USD fund is to encourage further adoption of blockchain technology. Blockchain Venture Fund: Proof of Capital The new fund has been founded by three partners: Phil Chen, Chris McCann, and Edith…
Unocoin, a leading crypto exchange in India, is struggling to stay afloat. Why? Because India has promulgated a law banning cryptocurrency-related trading in the country. So why is Unocoin sticking around? There are 14 employees left at Unocoin, after the exchange shaved off 86% of its workforce. The exchange is trying to recover its huge losses…
This week, some are focusing on the recent fire that broke out in Notre-Dame cathedral, while others are looking at Bruno Le Maire, the French Finance Minister. According to Le Maire, EU member states should implement the same crypto regulations the French parliament approved last week. Here’s what we know. French Crypto Regulations are Key,…
In a potentially rebellious move, major Japanese financial services company, SBI Holdings, announced it is delisting Bitcoin Cash (BCH) from its digital currency exchange. Let’s check this out. SBI Delists Bitcoin Cash (BCH) Yesterday, we covered the controversy surrounding the delisting of Bitcoin SV (BSV). Specifically, the world’s largest cryptocurrency exchange, Binance, announced yesterday that it…
In 2018, and early this year, Bitcoin experienced a bearish market that riled the interest of several parties and social media companies such as Facebook. As a result, Facebook has since entered the blockchain space with its own cryptocurrency known as FBCoin. FBCoin and WhatsApp Users “FBCoin” is an unofficial name for the crypto asset…
One of the largest crypto exchanges in the world, Binance, has delisted Bitcoin SV (BSV), it announced earlier today. The move comes after a week of controversy surrounding the cryptocurrency’s founder Craig Wright. Bitcoin SV Earlier today, the world’s largest crypto exchange by market volume announced it will be delisting all BSV trading pairs on…
