Monero Cuts Transactions Fees by 97% with latest Hard Fork
Monero is finally useable as currency! Monero (XMR) underwent a successful hard fork on October 18th, and the result of that hard fork is that transaction fees have plummeted an impressive 97%, from $0.60 cents to an average of just $.02 cents, according to...
US Partnership could turn up to 100k Traditional ATMs into Cryptocurrency ATMs
A partnership has been established between a traditional ATM manufacturer and a cryptocurrency vending machine firm. This partnership will make it possible to buy bitcoin at tens of thousands of locations in the US using a debit card. We've been looking for mass...
Square Officially Launches Point of Sale Terminal for Cryptocurrency
Square launches point-of-sale terminal triggering speculation for cryptocurrency integration. According to an official announcement, consumer and merchant payment network, Square Inc., has launched its point-of-sale (POS) terminal. This in of itself is good news for...
Global Money Laundering Watchdog will Release Crypto Regulation by Next Summer
The Financial Action Task Force (FATF) has said it will begin publishing rules for international cryptocurrency regulation by mid 2019. Regulation means institutional adoption - do you think this is a good thing? Retuers has reported that the French...
Goldman Sachs Invests Millions into Wall Street Cryptocurrency Venture
Have you heard? Goldman Sachs invests millions into BitGo. Goldman Sachs is doing this in its attempts to bring Wall Street investors with deep pockets into the cryptocurrency market. We’ve talked about how institutions are planning on entering the cryptocurrency...
Coinbase Launches 0x Protocol, ZRX, as first Ethereum Token
Coinbase announces 0x Protocol, ZRX, as first Ethereum token. Yesterday, 10/16/2018, Coinbase announced that they would be launching ZRX on Twitter. They also released a blog on Medium, titled “Buy and Sell ZRX on Coinbase.” Were you able to capitalize on this...
Fidelity is entering the Markets full force with Cryptocurrency Trading Platform
Fidelity is taking yet another enormous step into the cryptocurrency industry. We’ve talked about how Fidelity is taking steps to offer cryptocurrency products. Fidelity is entering the markets full force! Are you excited? We’re excited! The 72 year old firm will...
What we know about Tether
Tether is fast becoming unpegged. Bitcoin prices surged 9% within hours as Tether (USTD) started sliding against its USD peg. Tether, commonly used as a “stable-coin”, is relatively close to the price of the USD due to its supposed 1:1 ratio of USTD/USD. Is this...
CFTC Chairman: Institutional Adoption is Maturing the Cryptocurrency Market
Chris Giancarlo, the chairman of the US Commodities Futures Trading Commission (CFTC), has expressed his willingness to take a "do no harm" approach in the realm of cryptocurrencies and related technologies. This is one of the reasons why Giancarlo has been...
Plastic Surgeon Group Acquires 38% Equity in Bithumb for $350m
This is a first – CryptoTraders Pro has learned that a South Korean plastic surgeon has acquired a majority of Bithumb. Bithumb is one of the largest cryptocurrency exchanges in the cryptocurrency market. BK Global, a Singapore-based firm, is currently headed by Kim...