Over 8000 BTC Just Moved from Mt. Gox Trustee’s Wallet
The Mt. Gox trustee tasked to sell approximately 200,000 bitcoin is suspected to have dumped another 8,000 bitcoin on the cryptocurrency market, and this may be in part to blame for the overnight dip in Bitcoin and other cryptocurrency prices. Unlike traditional...
What Will Happen When All Bitcoins Are Mined? When Will This Happen?
Bitcoin and other cryptocurrencies are all the rage in the financial technology world right now. Observers have been intrigued with the earning possibilities brought about by mining, trading and investing Bitcoin. However, casual participants and bystanders wonder...
Robinhood Raises $363 Million in Funding, Sets Sights on Rival Coinbase
Thursday, the stock and cryptocurrency trading app, Robinhood, announced that it has raised an additional $363 million in funding in a recent round of investments. The new investment makes it second only to Stripe when it comes to highest valued private fintech...
What is the Bitcoin Lightning Network? A Beginner’s Explanation
The ability of Bitcoin to provide distributed ledgers is what makes it secure and decentralized, as expected of any cryptocurrency. However, as a payment platform, Bitcoin is faced with limitations regarding its aspiration for a worldwide coverage of commerce. Bitcoin...
Billionaire Mike Novogratz and Bloomberg Launching Cryptocurrency Price Index
One of the biggest bulls in bitcoin is working with an unlikely partner to create a new cryptocurrency price index. According to CCN, billionaire Mike Novogratz and Bloomberg LP are launching a new Bloomberg Galaxy Crypto Index (BGCI) service. The goal of the...
NYSE Has Plans on Opening Cryptocurrency Exchange
Coinbase Custody, Bithumb's offline exchange, and other providers of big cryptocurrency exchanges already enable large-scale institutional and retail investors to put money into cryptocurrencies like bitcoin in large sums. Coinbase Custody, for example, only takes...
Coinbase Preparing for Massive Influx of New Customers
The leading U.S. marketplace for cryptocurrencies has been quietly preparing for a monster increase in trading volume. In a reply to New York Attorney General Eric Schneiderman's inquiry into exchanges, Coinbase stated that it has doubled the size of its full-time...
Goldman Sachs to Begin Trading Bitcoin
Less than a week after Nasdaq showed interest in trading cryptocurrencies, another US financial giant is stepping up its support of the booming cryptocurrency market. According to the New York Times, investment banking giant Goldman Sachs is taking steps to become the...
Japanese Conglomerate Adopts XRP and BCH in a Big Way
Japan's financial services giant SBI Holdings intends to launch its crypto exchange this summer season, nearby press outlet Business Insider Japan claimed April 27. As per a recent statement by Business president Yoshitaka Kitao, the market SBI Virtual Currencies will...
Japan Wants Crypto Exchanges to Delist Privacy Coins
Japan's Financial Services Agency (FSA) is pressuring local cryptocurrency markets to delist privacy-centric altcoins like Monero, Zcash, and Dash. Writing in Forbes, Tokyo-based journalist Jake Adelstein reviews that sources close to this FSA state the regulatory...
CONNECT WITH CRYPTO TRADERS
