Mining Difficulty Records Second-Largest Drop in History as Bitcoin Price Hovers Below $4,000The price of Bitcoin dropped below the $3,800 level on several exchanges on Monday, December 3, while the general pessimistic sentiment on the market reflected in declining Bitcoin’s network difficulty, which earlier today fell by more than 15 percent following the regular adjustment.
New FINMA FinTech License Will Allow Swiss Crypto Startups to Handle Up To $100 MillionThe Swiss Financial Market Supervisory Authority (FINMA) has announced on Monday, December 3, that local blockchain and cryptocurrency startups can now apply for a new fintech license that would allow them to handle deposits of up to 100 million CHF ($100 million), just like traditional banks. According to the official announcement, starting from January 1, […]
DECENT Launches “Token 4 Hope”, a Donation Management Initiative for the Economically DisadvantagedDECENT, a non-profit foundation behind the open source blockchain platform DCore, has announced it is developing Token 4 Hope, a humanitarian project aimed at helping economically disadvantaged individuals through tokenization, transparency, and credibility.
Wall Street Crypto Bull Tom Lee to Keynote at Blockchain Economy Istanbul SummitTom Lee, the renowned Wall Street analyst and Managing Partner and Head of Research at Fundstrat Global Advisors, is coming to Istanbul February 2019 to take the stage at the Blockchain Economy Istanbul Summit as a keynote speaker.
Canadian ASIC Chip Designer Squire Mining to Purchase CoinGeek for $45 MillionVancouver-based Squire Mining is reportedly set to purchase CoinGeek, a crypto news publication and mining pool operator, for $45.3 million. As reported by Finance Magnates, the deal will make Squire Mining the world’s “largest, publicly traded Bitcoin miner.”
Coinbase Adds Privacy-Focused Zcash to its Pro Trading ExchangeLeading U.S. cryptocurrency exchange Coinbase announced it is launching Zcash (ZEC) trading on its professional trading platform Coinbase Pro.
Stock Market Giant Nasdaq and VanEck Will Offer Bitcoin FuturesThe world’s second largest stock exchange Nasdaq has announced partnership with U.S. investment firm VanEck aiming at bringing a host of new regulated cryptocurrency financial products to market, including Bitcoin futures.
Bitcoin Price Desperate to Break Out From Below $3,800 as the Markets Reach Lowest Levels Since September 2017On Saturday, Nov. 24, price if the flagship cryptocurrency dropped below the $4,000 support level for the first time since September 2017. It even went worse, as Bitcoin dropped at some point below $3,500 at exchanges like Coinbase and Bitstamp, however, come Sunday evening, the prices were somewhat stabilized around the $3,750 mark, as CoinMarketCap […]
Bakkt Sees Most Demand in Bitcoin as the Futures Platform Launch Delayed Until January 2019On November 20, ICE, the parent company of the New York Stock Exchange, announced the delay of the Bakkt Bitcoin futures market launch from December 12 to January 24, 2019.
Bitcoin Hits New Lows as Price Crashes Below $5,000Start of a new week turned out be far from bright for the flagship cryptocurrency, as the gradual slide turned into a free-fall. At approximately 16:30 UTC on Monday, Nov. 19, for the first time in 2018, the price of Bitcoin fell below $5,000 on several exchanges, including Bitstamp and Coinbase.
Bitcoin P2P Exchange Hodl Hodl Raises Seed Funding From WhalePanda and Other Private InvestorsHodl Hodl – a global P2P cryptocurrency exchange that doesn’t hold users funds – recently raised money in the seed round from five private investors
Largest Swiss Exchange to List World’s First Crypto ETP Under HODL IndexSwitzerland’s major stock exchange SIX Swiss Exchange will list the world’s first crypto-based exchange-traded product (ETP) next week, the Financial Times reported Saturday, November 16.