Despite its best efforts to keep crypto out of India, it appears that the Indian government is still not willing to completely exclude cryptocurrencies. According to the new announcement, India is making plans to launch its own digital currency. India Plans to Launch a Government-Backed Cryptocurrency One senior government official from a board created by…
In an extensive paper dedicated to the future of cryptocurrencies, Juniper Research Ltd. present a bleak view of the market over the coming months and years. The financial analysis group states that the entire Bitcoin and digital asset space appears to be heading towards an “implosion”. Juniper’s Report Analyses Cryptos Over the Next Five Years During…
Switzerland has yet again proved its strong support for crypto. The country’s financial regulator FINMA has granted the same license as professional fund managers to a Zug-based startup, Crypto Finance AG. Crypto Finance Can Now Manage and Distribute Foreign and Domestic Funds With the license, Crypto Finance AG gets the status of an asset manager…
It’s commonly known that cryptocurrency mining farms located in China have a stronghold over the Bitcoin ecosystem. However, a scathing new report suggests that China’s increasing influence over the leading cryptocurrency by market cap may be putting the Bitcoin network at severe risk. China’s Control Over the King of Crypto A new report entitled The…
A new announcement made by the world’s largest crypto exchange Binance states that the exchange will soon delist up to four cryptocurrencies. Binance Continues to Review Listed Coins According to a new statement published by Binance on October 9th, in an attempt to protect its customers, Binance has started to conduct regular reviews of various…
South Korea is leading an example of being the world’s most hospitable regions for crypto and blockchain entrepreneurs. The world’s eleventh-largest economy has committed a $100 million fund to develop its capital Seoul as a center of blockchain innovation. Park Won-soon, the third-time governor of Seoul, during his visit to Switzerland’s Zug last week, revealed that…
In a recent announcement on the Binance website, the major cryptocurrency exchange explained that they would be introducing an unprecedented policy that makes coin listing fees completely transparent, with 100% of those fees being donated to charity. The move comes as exchanges face growing criticism regarding their listing policies. In the post, the exchange explains that…
As seen by the recent public outcry, there are many crypto investors that have been irked by the current state of the cryptocurrency market. Bitcoin remains steady at $6,600, with a majority of the foremost altcoins showing similar price movements, or lack thereof to be more specific, leading some to call the often-volatile crypto market “boring,” for…
Crypto industry has received an unusual amount of funding this year from investors. And a prominent venture capital investor thinks it is a big deal. Garry Tan, an early stage investor with companies like Coinbase and Instacart in his portfolio, commented on the growing amount of institutional money that is flowing into crypto-funds. He stated that he…
While the markets may indicate otherwise, the past seven days saw a slew of positive fundamental news bombard the cryptosphere, which has led some to pronounce that this week has been “the best week for crypto all year.” TD Ameritrade To Introduce Crypto To 11 Million Investors Earlier this week, on Wednesday, TD Ameritrade, an…