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BITCOIN PRICE: 7,236.64     HIGH: 7,445.00     LOW: 7,170.00

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BlockShow Europe 2018 • May 28-29, 2018

Just like that last time in Munich, the goal of BlockShow Europe 2018 stays the same: to bring together the…

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Tag: Upbit

South Korea Maintains Positive Outlook for Cryptocurrencies; Widens Probe to Prevent Fraudulent Activities

Category: Altcoins, Business, Finance, News, Regulation

South Korea Maintains Positive Outlook for Cryptocurrencies; Widens Probe to Prevent Fraudulent Activities

The cryptocurrency market is known for its dynamic price volatilities, with mainstream media outlets having a field day when bitcoin decides to jump by several thousand dollars. However, the price is not the only wavering change in the crypto-market, with regulatory bodies scrutinizing the industry not seeming to halt for taking a breather as well. After South Korea’s announcement in…

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Investors Expect Cryptocurrency Market to Recover after UPbit Investigation Woes

Category: Altcoins, Bitcoin, Commentary, Finance, News, Regulation

Investors Expect Cryptocurrency Market to Recover after UPbit Investigation Woes

The cryptocurrency market has fallen by large margins after UPbit, South Korea’s biggest cryptocurrency exchange and formerly the world’s second-largest trading platform, was raided and investigated by local police on May 11, 2018. Raided, but Far from Finished Investors still expect the market to recover swiftly in the short-term as traders move their funds to other international and local exchanges….

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Bitcoin Price Falls Below $8,500 as Upbit Under Investigation By FSC & KoFIU

Category: Bitcoin, Finance, News, Regulation

Bitcoin Price Falls Below $8,500 as Upbit Under Investigation By FSC & KoFIU

Upbit, South Korea’s largest cryptocurrency exchange platform, is currently under investigation as it is suspected of engaging in false financial reporting activities, deceiving investors in the process as the price of bitcoin breaks below $9,000. Local media outlets in South Korea also report that the exchange’s office has been raided. The latest development follows is the a series of crackdowns…

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Decred Jumps on Listing by Korean Cryptocurrency Exchange Upbit

Category: Altcoins, Commentary, Finance, News

Decred Jumps on Listing by Korean Cryptocurrency Exchange Upbit

Decred (DCR), the popular altcoin that implements on-chain governance, has been given the go-ahead to trade on the South Korean cryptocurrency exchange, Upbit. The announcement was made during the Asian session of May 4 and the addition of the altcoin to the fourth largest exchange by 24-hour volume will no doubt be beneficial for the future path of Decred’s price…

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South Korean Crypto Exchanges Earned $648 Million in 2017 that is Taxable

Category: Altcoins, Bitcoin, Finance, News, Regulation

South Korean Crypto Exchanges Earned $648 Million in 2017 that is Taxable

While the global markets for cryptocurrencies exploded in 2017, South Korea was one of the countries that saw a massive spike in trading volume as crypto-mania took over. There were often high premiums being paid by traders on South Korean exchanges as the high levels of demand were placing demands on the liquidity of even the major cryptos. The surge…

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