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How Savvy Crypto Traders Gamed Coinbase’s Latest Listing for a 35% Payday

If there’s money to be made in the crypto markets, you can bet traders will be the first on the scene.Such was the case at least last week, when Coinbase Pro, the cryptocurrency trading platform operated by San Francisco startup Coinbase, announced it would list the cryptocurrency 0x (ZRX), a move that put the “Coinbase […]

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Is The Correlation Between Stocks And Bitcoin Real?

Market analysts have repeatedly asked whether stocks and bitcoin are correlated.Long story short, it depends on one’s time frame.In the short-term, there are certainly instances where stocks and the digital currency have moved in tandem.During 2017, for example, both stocks and digital currencies experienced notable gains. Then, earlier this year, when both asset classes started plummeting, […]

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Halfway Milestone: Crypto Trading App Robinhood Launches in U.S. State #25, Ohio

Robinhood is now in Ohio bringing the number of states that the cryptocurrency and stocks trading app is currently available in to 25.In a tweeted statement, the trading startup indicated that Ohioans can now trade various cryptocurrencies commission-free on the Robinhood app. Some of the cryptocurrencies that the users of the app can trade include […]

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Coinbase’s Huge Valuation Could Have Been Even Larger

Cryptocurrency exchange Coinbase made big headlines yesterday, after a Recode report that it’s closing in on a $500 million investment led by Tiger Global at an $8 billion valuation.Why it matters: This means that Coinbase would effectively quintuple its valuation from a round just 14 months ago. It’s a huge validation for the company and the […]

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Cryptocurrency ATMs Coming To Argentina To Exploit Peso Volatility

Argentina could get up to 30 automated teller machines that buy and sell bitcoin by the end of the year, industry representatives said, an expansion of the cryptocurrency market amid an economic crisis that has seen the peso’s value tumble.Athena Bitcoin, a U.S. company that specializes in cryptocurrency ATMs, launched Argentina’s first bitcoin ATM last […]

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Federal Reserve Chief Says Crypto is Not Used; Evidence of Activity

Jerome Powell, the chairman of the Federal Reserve, has reportedly argued about the validity of crypto as payment tools.According to the Russian Market, which first reported the statement, the FED chairman said that crypto “almost” didn’t get accepted for payments by merchants. There was no evidence that could validate that Powell made the comment, but […]

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Major Indian Bitcoin Exchange Zebpay Shuts Down Due to Banking Freeze

Zebpay, one of India’s biggest cryptocurrency exchanges, has announced the shuttering of all exchange services on Friday following the central bank’s banking ban on the crypto industry.Launch in 2015, Zebpay started trading with an app-only service that quickly became one of India’s most-downloaded bitcoin wallet and exchange apps. With a know your customer (KYC) model, […]

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Fake Exchange Volumes, The Crypto Industry’s New Scourge

The world of cryptocurrencies has many secrets, despite its young age. However, as this technology promotes transparency, many of those secrets are slowly being discovered. One such secret includes the sudden rise of crypto exchanges, many of which were next to unknown only a few, short months ago.Crypto Exchanges Reporting Fake VolumesToday, exchanges like BitForex, […]

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Lamassu Unveils New Line Of Bitcoin, Cryptocurrency ATMs

On September 24th, Lamassu announced the introduction of their new line of cryptocurrency ATMs to the public. Lamassu calls its new line of ATMs, “Sintra.” The ATMs herald a new line of ATMs as another crucial step in crypto’s march towards widespread consumer use and accessibility. GROWING INDUSTRYAccording to CoinATMrader.com, there are currently roughly 3,750 crypto […]

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Over 75 New Banks: JPMorgan Expands Blockchain Payments Trial

A major blockchain payments trial launched by JPMorgan, Australia’s ANZ and the Royal Bank of Canada has just gained over 75 new banks as participants.As reported by CoinDesk, the three banks set up the project in October 2017, aiming to slash both the time and costs required for interbank payments using traditional methods.Called the the […]

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