josephyoung

  • Industry

    Major US Crypto Exchange Gemini to Expand to UK, Improvement For Europe

    For many years, the crypto exchange market of Europe has lagged behind the US, Japan, and South Korea in terms of infrastructure, regulation, security, and liquidity. According to FT, two sources close to Gemini have stated that the major US-based crypto exchange has hired advisers to consult the...

    Joseph Young | September 24, 2018 | 8:06 am
  • Ethereum

    Will Ripple Flippen Ethereum? Gap is Less Than 10% as XRP Gains 50%

    Since December 2017 when the price of XRP, the native currency of Ripple, achieved $3, XRP has failed to come close in flippening Ethereum in market cap. Ten months ago, at the peak of the crypto market when the valuation of cryptocurrencies hovered at around $900 billion, Ripple...

    Joseph Young | September 21, 2018 | 12:38 pm
  • bank of america
    Bitcoin

    Bitcoin is 300 Times Cheaper Than Wire Transfers, Banks Take 83% Profit

    Since 2017, so-called “experts” in the finance sector have criticized Bitcoin for being too expensive. Yet, banks are pocketing 83 percent profit on every wire transfer. According to Bank of America’s official data, the $302 billion bank charges $30 for outbound domestic wire transfer and $35 for outbound...

    Joseph Young | September 18, 2018 | 1:00 pm
  • taiwan
    Blockchain

    Taiwan Pursues Favorable Crypto and Blockchain Regulation, Next Major Market?

    Asia’s seventh largest economy Taiwan has pursued friendly regulation for crypto and blockchain companies, as the government recognized the potential of blockchain technology in bolstering the economic growth of the country. This year, Malta, described as the “Blockchain Island,” established a new trend of implementing favorable policies for...

    Joseph Young | September 18, 2018 | 10:56 am
  • Bitcoin

    Morgan Stanley to Offer Bitcoin Trading, Following Citigroup and Goldman

    $83 billion investment bank Morgan Stanley is following the footsteps of Citigroup and Goldman Sachs, and will soon offer Bitcoin swap trading to its clients. As reported by Alastair Marsh at Bloomberg, the US banking giant has already developed the infrastructure required to offer complex derivatives tied to...

    Joseph Young | September 13, 2018 | 4:03 pm
  • Venezuela
    Bitcoin

    Year-to-Date, Bitcoin Outperformed 3 National Currencies Despite Major Correction

    Bitcoin, the most dominant cryptocurrency in the global market, has still managed to outperform three national currencies year-to-date despite its steep decline since December of last year. Charlie Bilello, the director of research at Pension Partners, a New York-based investment advisory which manages mutual funds and separate accounts,...

    Joseph Young | September 3, 2018 | 4:12 pm
  • Bitcoin ETF
    Bitcoin

    Trader: Bitcoin Break Out Imminent as Weekly Chart Turns Bullish, $8,000 Next?

    Over the past 24 hours, many well-recognized traders in the cryptocurrency market have expressed their optimism toward the stabilization of Bitcoin and its positive weekly moving average convergence divergence (MACD). Popular cryptocurrency traders and analysts including Crypto Rand have placed heavy emphasis on the weekly MACD indicator of...

    Joseph Young | September 3, 2018 | 7:41 am

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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