-Bitcoin news, price, information & analysis
Not a day passes in crypto land without an announcement from an exchange about a new listing. The decision to list an asset will have an immediate effect on its price as it becomes accessible to a greater number of investors. Exchanges Should Have More Responsibility With hundreds...
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...
Over the past week, as the crypto market began its slow move upwards, volume saw a resurgence, with the daily volume posted by exchanges rising from an average of $10 billion to $12 billion. Although some investors saw the rising volume as an evident sign of the return...
Hankyung, a mainstream media outlet in South Korea, has reported that Bithumb, the country’s second largest crypto exchange, will officially resume new user registrations on September 1. Bithumb has disallowed new registrations for traders in South Korea since January of 2018, following the encouragement of the government to...
Earlier this week, Lily Katz at Bloomberg reported that the GTI VERA Convergence Divergence Indicator suggests the Bitcoin downtrend is over. Experts have echoed a similar sentiment, expecting the bear market of the dominant cryptocurrency to come to an end in the upcoming months. According to Katz, the...
The South Korean financial watchdog, Financial Services Commission (FSC), has created the Financial Innovation Bureau to oversee and nurture the crypto sector as part of the fourth industrial revolution. Korean Regulator Creates Financial Innovation Bureau to Help Cryptocurrency Ecosystem Digital currency exchanges and overall businesses within the blockchain...
Local media recently reported that Bithumb, one of South Korea’s most prominent exchanges, has announced plans to make a move on the Japanese and Thai markets. Korea-Based Exchange Eyes New Markets In an exclusive with ZDNet Korea, Bithumb has announced that it plans to open operations in Japan and...
An official report released by the Bank of Korea (BOK) revealed that the outstanding balance of virtual accounts in local banks reached 2 trillion won (US$1.79 billion) as of December 2017. The amount, equivalent to about eight percent of total deposits operated by brokerage houses in South Korea,...
Financial authorities in Korea will ease regulations on crypto-based assets in attempts to line-up with policies brought forth by the G20 nations and foster growth in the industry. Korea Establishes “Unified Regulations” The new polices are “unified regulations” that relate to “all activities” of Korea’s cryptocurrency exchange operators...
A new report has revealed that three times more cryptocurrency has been stolen from crypto exchanges so far in 2018 compared to 2017. Data security company CipherTrace, which released the report, analyse cryptocurrency data to identify illicit money flow and money laundering. Money Laundering Reaches Record Highs Data...
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