#Bitcoin News

Bitcoin Standing Under a Measuring Stick

Bitcoin Is now the 8th Largest Currency in the World

June 20, 2019 by Edoardo Vecchio at Bitcoin

Bitcoin has overtaken the Russian Ruble and the Korean Won to become the eighth largest currency in the world by monetary base. Bitcoin Exceeds Korea's Monetary Base According to a chart released June 18, 2019, from Crypto Voices, bitcoin is now the eighth largest currency in the world by monetary base...

Bitcoin and Ether Market Update: June 20, 2019

June 20, 2019 by Georgi Hristov at Bitcoin

The total crypto market cap added $8 billion to its value since June 17, 2019, and moved up to $289.1 billion. The top ten coins are mostly in the green for the last 24 hours with some holding flat for the period. Binance Coin (BNB) and Cardano (ADA) are experiencing...

U.S. Deptartment Of Justice Looks to Extradite Alleged Bitcoin Scammer

June 20, 2019 by Aisshwarya Tiwari at Bitcoin

In a press release issued on June 19, 2019, the United States Department of Justice (DoJ) unsealed a complaint against a Swedish citizen named Roger Nils-Jonas Karlsson and his company, Eastern Metal Securities (EMS), for orchestrating a multi-million dollar investment scam using bitcoin. Investors Duped of More than $11 Million...

Japan's Financial Regulator Discussing Caps on Crypto Margin Trading

Japan’s FSA Set to Approve Line’s BitMax Crypto Exchange

June 20, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Line Corporation, the firm in charge of Japan’s largest messaging app, Line Messenger, is set to be approved for its BitMax bitcoin exchange from the Financial Services Agency (FSA), reports Bloomberg on June 20, 2019. Line’s BitMax Awaits FSA Nod Per sources close to the matter, Line Corp is on...

CFTC Launches Action against U.K. Firm for Laundering More than 22,800 Bitcoin (BTC)

June 19, 2019 by Aisshwarya Tiwari at Bitcoin

According to a report by Finance Feeds published on June 18, 2019, the U.S. Commodity Futures Trading Commission (CFTC) has filed a complaint against a U.K.-based firm named Control-Finance Ltd. and its sole Director Benjamin Reynolds. The regulator reported that they stole more 22,800 bitcoin (approx. $147 million) from customers...

U.K Brokerage Firm TP ICAP to Trade Bitcoin Derivatives

June 19, 2019 by Aisshwarya Tiwari at Bitcoin, News

According to a Bloomberg article published on June 17, 2019, financial services firm TP ICAP is set to enter the cryptocurrency industry starting with offering cash-settled futures contracts on the Chicago Mercantile Exchange (CME). Another Finance Firm Forays into the Crypto Industry As bitcoin (BTC) looks to regain its lost...

Breez Releases iOS App to Further Lightning Adoption

June 18, 2019 by Ashwath Balakrishnan at Bitcoin, News

Breez, a non-custodial wallet solution for the Lightning network, has launched its app for iOS with the intention of offering their full stack of services to the masses. The company believes the Bitcoin network will draw the most mainstream adoption, and the Lightning Network is the best way to use...

Venezuela State-Run Oil Firm to Pay Suppliers in Bitcoin

Venezuelans Set Bitcoin Trading Record amid Crumbling Hyperinflation

June 18, 2019 by Aisshwarya Tiwari at Bitcoin

According to data released by crypto monitoring website Coin Dance for the week ending June 15, 2019, economically troubled country Venezuela witnessed all-time high bitcoin (BTC) trading activity on P2P exchange platform Localbitcoins. Venezuelans Turn to Bitcoin to Battle Hyperinflation Venezuela is one of the few countries in the world...

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Derivative Guide: Choosing the Right Contract Based on Trading Strategy

June 17, 2019 by Ashwath Balakrishnan at Bitcoin, Press Releases

Financial markets have a plethora of derivative contracts that each serve their own distinct purpose. Futures and options are widely known contract standards that run on exchanges, but most forex traders are more familiar with CFD's - an easier way to leverage yourself in the market without the strict funding...

A Bitcoin Key Unlockchain Coinbase deposit box

Coinbase Bitcoin Custodial Service Aiming to Hit $2 Billion in Assets

June 17, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin, News

Coinbase Custody, the blockchain-based digital assets custodian that claims to function as a standalone, independent-capitalized business to Coinbase cryptocurrency exchange, has revealed via a tweet on June 13, 2019, that it currently holds nearly $1.5 billion in cryptoassets under custody and it’s working hard to up that number to $2...

Wilshire Phoenix’s Bitcoin Trust Product Checks all the Regulatory Boxes

June 16, 2019 by Liam J Kelly at Bitcoin

In an interview with BTCManager, the CEO of the New York-based investment firm Wilshire Phoenix Funds LLC. said that their United States Bitcoin and Treasury Investment Trust product is one of the most promising yet. Alongside the rise and fall of the BitWise and VanEck Bitcoin derivative offerings, William Herrmann...

Bakkt Confirms Launch of Futures on September 23

Bakkt Reveals July 22 Date for Bitcoin Futures Testing

June 14, 2019 by Aisshwarya Tiwari at Bitcoin, News

In a Medium post published on June 13, 2019, Bakkt COO Adam White stated that the institutional-grade cryptocurrency trading platform will begin testing its physically-settled bitcoin (BTC) futures from July 22, 2019. Bitcoin Futures User Acceptance Testing to Commence in July 2019 In the blog post, White stated that Bakkt...

Bitcoin on its way to the moon, a Whale Watches

Fundstrat: Technical Indicators Show Bitcoin Poised for Another Go at $9k

June 13, 2019 by Anthonia Isichei at Bitcoin, News

According to a technical analysis by a Fundstrat strategist, the cryptocurrency market is set for renewed price gains. Per a Bloomberg report on June 13, 2019, Litecoin could also continue its positive start to the year as its halving inches closer, creating further hype which could push its price even higher. Improving...

Bitcoin and Ether Market Update: June 13, 2019

June 13, 2019 by Georgi Hristov at Bitcoin

The total crypto market cap added $15.5 billion to its value since June 10, 2019, and moved up to $261.1 billion. The top ten coins are all in green for the 24-hour period with Litecoin (LTC) being the only exception with a four percent loss. Cardano’s ADA is the best...

Bitcoin, Ether, and XRP Weekly Market Update: June 10, 2019

June 10, 2019 by Georgi Hristov at Bitcoin

The total crypto market cap is $31.2 billion down for the seven-day period and now stands at $245.4 billion. The top ten cryptocurrencies are all in red for the same time frame with Litecoin (LTC) being the only exception. The worst performer on the chart is EOS which experienced a...

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