#Altcoins

U.S. House Committees Begin Discussing Cryptocurrencies with SEC

July 24, 2018 by Rahul Nambiampurath at Altcoins, Bitcoin, News, Regulation

Two committees of the American Congress held a public hearing in July 2018 to discuss matters related to cryptocurrencies. They discussed the use of bitcoin as means of payment, general applications of blockchain technology and the necessity of a sound legal framework. There have been several debates and discussions for...

G20 Crypto Regulation Decision Boosts Bitcoin to Two-Month High

July 24, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Finance, News, Regulation

Bitcoin has hit a two-month price high of $7,820, at the time of writing, amidst its ongoing resurgence following a meeting of G20 finance ministers in Buenos Aires on 21 and 22 July 2018. At the meeting, ministers discussed cryptocurrency and issued a communique stating that while it remains under...

Bitcoin Surges 17 Percent to Close Week in mid-7,000s: BTCManager’s Week in Review July 23

July 24, 2018 by Alex Lielacher at Altcoins, Bitcoin, Blockchain, Cryptocyclopedia, Finance, News, Regulation

The price of bitcoin rallied by over 17 percent week-on-week giving bitcoin hodlers hope that the worst might finally be over for this year. This week’s price surge was driven by the news that the world’s largest asset manager, BlackRock, may start to invest in bitcoin, as well as the...

South Korea Office window cryptocurrency department FSC

South Korean Regulators Create Exclusive Cryptocurrency Department for Policymaking

July 23, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, Finance, News, Regulation

The South Korean cryptocurrency ecosystem has achieved another feat in its journey towards legalization. The South Korean Financial Services Commission (FSC) has announced on July 17, 2018, via a press release that it would conduct an organizational reshuffle, in a bid to establish a body called Financial Information Bureau (FIB),...

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Asian Family Office Set to Launch Cryptocurrency Custodial Services in Hong Kong

July 23, 2018 by Aisshwarya Tiwari at Adoption, Altcoins, Bitcoin, Exchange, Investment, News

Fusang Investment Office, a top Asian asset management firm based out of Hong Kong, has its intentions set to launch a crypto-custody service named Fusang Vault in the 4th quarter of the year, as reported by South China Morning Post on July 23, 2018. The asset managing firm specializes in...

Russia Swiftly Warming up to Blockchain and Cryptocurrencies

July 23, 2018 by Ogwu Osaemezu Emmanuel at Adoption, Altcoins, Bitcoin, Blockchain, Investment, News

While distributed ledger technology (DLT) is still very much in its nascent stages globally, the undeniable fact remains that some nations have quickly embraced the groundbreaking technology with open arms, formulating practical use cases for the blockchain, with states like Russia still sitting on the fence. However, it appears the former...

How to Use Koinex Loop for Buying or Selling Bitcoins in India

July 23, 2018 by Priyeshu Garg at Adoption, Altcoins, Bitcoin, Cryptocyclopedia, Exchange

Koinex Loop is a p2p token transaction network by Koinex, one of India’s leading exchanges. After the enforcement of RBI’s directive for banks to not engage with cryptocurrency firms, Indian users desperately needed more options for buying and selling cryptocurrencies. Loop comes to the rescue and is branded as a...

Women and the Future of Cryptocurrency: A Case Study in Everyday Digital Asset Payments

July 23, 2018 by Lisa Bowman at Adoption, Altcoins, Bitcoin, News

Recently, significant attention has been given to the limited number of women involved in the crypto space. This limited number applies not only to investors and coin holders but also to innovators and developers in the area. As women comprise about half of the population, their shortage in the cryptosphere...

Coinbase RoundUp: Token Additions, SEC Acquisition, and FINRA Probe?

July 23, 2018 by Priyeshu Garg at Adoption, Altcoins, Business, Development, Finance, Investment, News, Regulation

One of the first crypto unicorns in the space, Coinbase, has enjoyed the same volatility native to the sector it represents just this past week. Most notably, the firm announced the potential addition of five new cryptocurrencies, an odd (and apparently unnecessary) declaration regarding confirmation from the SEC and FINRA,...

Bitcoin Futures Average Daily Volume Grows 93 Percent In Q2

July 22, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Investment, News

CME Group has released data indicating that the Average Daily Volume (ADV) of bitcoin futures contracts grew 93 percent in the second quarter of 2018. In a July 20, 2018, tweet on its Twitter account, the derivatives trading giant also revealed that over the same period, the rate of open interest...

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