#Bitcoin News

Payments App Skrill Introduces Cryptocurrency Trading for Bitcoin, Bitcoin Cash, Litecoin, and Ether

Skrill Payments Platform Unveils Crypto Swapping Service

December 2, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Skrill (formerly Moneybookers), a London-based centralized payments platform that claims to help users to facilitate cost-efficient money transfers across borders, has expanded its cryptocurrency trading service, integrating a new feature dubbed crypto-to-crypto, to allow its users to purchase the supported cryptoassets on its platform with bitcoin (BTC), reports EconoTimes on...

Man With a Mission: Jack Dorsey Wants to Bring Bitcoin Adoption to Africa

December 2, 2019 by Ashwath Balakrishnan at Bitcoin

For the last month, Twitter and Square CEO, Jack Dorsey, has been going around Africa to understand the state of the region, most likely from a financial services and payment perspective. According to Forbes, Dorsey met Bitcoin business owners at a meetup in Nigeria and subsequently tweeted that Africa will...

Bitcoin, Ether, and XRP Weekly Market Update December 2, 2019

December 2, 2019 by Georgi Hristov at Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, News, News Digest, Price Analysis, Price pages, Ripple, Stablecoins, Top Coins For The Week

The total crypto market cap added $20.2 billion of its value during the last seven days and now stands at $202.4 billion. The top 10 currencies are all in green for the same time frame with EOS (EOS) and Cardano (ADA) being the best performers with 13.7 and 10.5 percent...

Canada: Digital Asset Firm Files Prospectus for Bitcoin (BTC) Fund IPO

November 29, 2019 by Aisshwarya Tiwari at Bitcoin

In a press release issued on November 28, 2019, Canadian fund management firm 3iQ announced that it had filed and been receipted on its preliminary prospectus for The Bitcoin Fund. Bitcoin Fund IPO on the Cusp The governmental and regulatory acceptance of digital currencies seems to be witnessing a steady...

Poloniex Bitcoin Exchange Continues Expansion Push with DEX Acquisition

November 29, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Poloniex, a top cryptocurrency exchange established in 2014, has acquired TRXMarket, a decentralized exchange (DEX) powered by the TRON (TRX) distributed ledger technology (DLT) network. With the deal, TRXMarket will now come under the umbrella of Poloniex as PoloniDEX, reports BITTIMES on November 28, 2019. Poloniex Forges Ahead As part...

Europe: Banks May Hold and Sell Bitcoin Starting From 2020

November 29, 2019 by Edoardo Vecchio at Bitcoin

According to a new bill on the Fourth Money Laundering Directive drafted by the European Union (EU), banks could be authorized to offer digital assets services including storage for customers. Germany would likely be the first nation to adopt the proposal. According to a German news report published on November...

IDAX Crypto Exchange CEO Disappears Amidst Exit Scam Rumors

November 29, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

IDAX, an Asian crypto exchange whose users have been unable to make withdrawals since November 24, has announced that it’s CEO, who allegedly absconded with the exchange’s cold wallet is still nowhere to be found and as such, it is suspending all deposits and withdrawals indefinitely, according to a blog...

Fidelity Investments Set to Reward Employees in Cryptocurrency

November 28, 2019 by Aisshwarya Tiwari at Bitcoin

Wall Street titan Fidelity Investments is poised to reward its employees in cryptocurrencies, per a report by Finance Magnets, November 27, 2019. Making Crypto an Everyday Phenomenon One of the largest financial institutions in the world by reported assets under management (AuM) - Fidelity Investments – is reportedly rewarding its...

China Targets OTC Trading Channels as Crypto Clampdown Rages On

November 28, 2019 by Ashwath Balakrishnan at Bitcoin

The Chinese government is taking its regulatory hammering one step further by closing down unofficial Weibo channels that facilitate OTC trading between retail investors. According to Bloomberg, many Chinese investors held their money on exchanges such as Binance, OKEx, and Bitsoda and stand to potentially lose their holdings depending on...

Why CZ’s Reaction to the ‘Police Raid’ Is More Disturbing Than the Raid Itself

November 27, 2019 by Aisshwarya Tiwari at Bitcoin

Anyone with a finger on the pulse of the crypto-sphere would know about The Block’s explosive report that came out earlier this week. In it, the news outlet claimed that “Binance's Shanghai office shut down following police raid.” Separating Fact from Fiction The reactions which followed the accusations were instant...

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