Cryptocurrency News


etoro-crypto-101218.jpg Israeli social trading platform eToro has cut the costs of investing in cryptocurrencies on its platform in order to attract more retail investors and to promote mass adoption of cryptocurrency and the blockchain technology that underpins it. The cut in spread trade fees on all crypto-assets listed on the eToro platform will be effective immediately.

rttcalendar-oct12.jpg Cryptocurrencies, led by Bitcoin, opened the week firmly in the green, boosted by the improvement in the market sentiment witnessed since late last week. However, they lost momentum soon and trended lower. Here is a collection of the main news from the cryptocurrency and blockchain space this week.

cryptocurrency-oct12.jpg Cryptocurrencies are a mixed bag Friday morning after Thursday's highly volatility that saw Bitcoin falling nearly 5 percent intra-day and the market capitalization getting wiped off by about $6 billion. Here is a wrap of the main news from the cryptocurrency space over the past 24 hours.

cryptocurrency-july20_12oct18.jpg South Korean cryptocurrency exchange Bithumb sold more than a third of its interest to Singapore-based BK Global Consortium for 400 billion won or $353 million, according to local media outlet Yonhap news. BTC Korea Holdings, which owned a 75.99 percent stake in Bithumb, has agreed to sell 50 percent plus 1 share of the ownership to blockchain investment consortium BK Global.

bitcoinwhales-oct12.jpg A study by a cryptocurrency market watchdog shows that bitcoin's largest holders are a diverse group that may be stabilizing, rather than destabilizing the market. The results of an analysis of bitcoin's 32 largest wallets by analytics firm Chainalysis, comes in the wake of rumors that a $2 billion whale, or out-sized bitcoin holder, was suspected of single-handedly setting off a 15 percent plung

binance-charity-101118.jpg Binance, the world's largest cryptocurrency exchange by market capitalization, has decided to donate all fees associated with the listing of a cryptocurrency token to charity, starting immediately. The project team has been given the prerogative to decide the amount of the listing fee, or what now is called a donation by Binance. There is also no minimum required listing fee.

cryptocurrency-sept04_11oct18.jpg Cryptocurrencies are a sea of red Thursday morning as they joined the global financial market sell-off. Major ones like Bitcoin and Ethereum are significantly lower and altcoins copied them. Market capitalization also eroded and just above $200 billion. Here is a wrap of the main news from the cryptocurrency and blockchain space over the past 24 hours.

cryptoantimoney-oct11.jpg A new study has found that criminals have laundered $2.5 billion worth of Bitcoin, 97 percent of which is from unregulated cryptocurrency exchanges or in countries with lax Anti-Money-Laundering (AML) regulations. Cryptocurrency research group CipherTrace conducted an analysis of 45 million transactions from the top 20 cryptocurrency exchanges in the world to measure the level of bitcoin payments

coinbasejapan-oct11.jpg U.S. cryptocurrency exchange Coinbase, which awaits an operating license in Japan, remarked that the ongoing cryptocurrency crackdown in the country will give it an advantage due to its stricter stance on security. The exchange expressed confidence that it will win regulatory approval in 2019.

googlecallscreen-oct11.jpg Google is talking about cryptocurrencies in its new ad for its Call Screen service. The ad, however, is not clear whether the internet giant's stance is positive or negative. The video ad features a conversation between two people about cryptocurrencies, mainly regarding crypto mining. A PwC study found that the Bitcoin network is consuming around 2.55 gigawatts of energy annually.

bitcoin-mining-101018.jpg Bitcoin Mining is looking less profitable despite the strong revenue growth, according to the latest report by blockchain research group Diar. This is particularly affecting miners paying retail electricity prices, and whose businesses are turning unprofitable for the first time in September.

cryptocurrency-oct10.jpg Cryptocurrencies, led by Bitcoin, are trading with losses Wednesday morning amid a lack of any major positive news. In news, internet giant Google alluded to cryptocurrency mining in its latest advertisement for its Call Screen service. This move made crypto enthusiasts to speculate on the company's stance towards cryptocurrencies in general.

bitcoincom-oct10.jpg Bitcoin.com, a Bitcoin and Bitcoin Cash digital wallet provider, is likely to buy or develop its own cryptocurrency exchange, according to its Chief Executive Officer Roger Ver. In an interview with Bloomberg Ver said he is considering finding a partner to produce the platform, or may build one internally. Bitcoin Cash would be the base-currency for the exchange, he noted.

cryptocurrency-oct09.jpg Bitcoin and its peers are trading lower Tuesday morning, after attempting further gains on Monday. In news, the International Monetary Fund warned that "Continued rapid growth of crypto assets could create new vulnerabilities in the international financial system."

binancecryptocurrencies-sept17_09oct18.jpg Binance, the world's largest cryptocurrency exchange, has decided to delist and cease trading on all trading pairs of four coins and tokens following a review. Bytecoin (BCN), ChatCoin (CHAT), Iconomi (ICN) and Triggers (TRIG) will be delisted from October 12. However, withdrawals of these coins and tokens from Binance will continue to be supported for another 30 days until November 12.

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