Marshall Islands-based 1Broker has been in a flurry as of late, as the crypto-focused investment services provider came under heavy fire from the top guns of the free world, American regulators and their closest compatriots. 1Broker Sees Court Case Develop, Positive Signs As reported by NewsBTC on September 28th, 1Broker, a foreign crypto startup, was unexpectedly…
One of the most pertinent issues facing the cryptosphere today is regulation, as members of prominent governmental agencies, like the Commodities Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC), have yet to come to a unanimous opinion on how this nascent space should be regulated and managed. However, a leading member of the CFTC intends…
According to multiple sources, there is already much more institutional money in the $220 billion strong cryptocurrency market that people might be aware of. Growth in OTC Trading Highlights Shift from the Retail to the Institutional The largest buyers of crypto were high-net-worth individuals who willing to take a risk on Bitcoin and other digital…
Despite cryptocurrencies continuing to struggle throughout 2018, one finance executive thinks that a “global” FOMO rally is close to occurring. Bitcoin on the Verge of “Global Breakout,” Rally Driven by FOMO After experiencing a year-long bull market in 2017, irrational exuberance surrounding Bitcoin and other cryptocurrencies peaked in late December, and the emerging asset class…
It goes without saying that the crypto industry is built on and by its users, but a majority of the world’s population have yet to interact with blockchain technology, and subsequently, cryptocurrencies. However, one of the largest social media giants on the globe intends to amend this problem, recently launching a series of protocols, platforms,…
Another month is leaving the crypto industry with some of the best and significant developments. September 2018 was an essential month from many perspectives. This time, the industry didn’t just see adoption in technological space, but also in charity. Education and research remained at the forefront of crypto development, as an influential nonprofit favored blockchain for…
Blockchain technology continues to thrive in India. In contrast, the stance toward cryptocurrencies remains negative and unfriendly. So much so that major crypto exchanges like Zebpay were forced to shut down. Cryptocurrency Exchanges in India Forced to Close Shop The situation regarding crypto in India continues to deteriorate. A lack of proper regulations, as well…
In spite of the mixed market conditions, innovators with the cryptocurrency industry pushed forward, releasing new products and services that are likely to alter how this space operates and performs. LedgerX To Add Ethereum Derivatives Vehicle Insider sources from the New York-based LedgerX have revealed that the crypto startup intends to offer Ethereum derivatives in…
One of the most popular cryptocurrency products being released in 2018 are stable coins, which widely market themselves as having all the benefits of cryptocurrencies, minus the volatility. Despite seeming like a practical product, some critics claim that they pose too many problems to ever be widely adopted. Controversy Surrounding Tether Sparks Frenzy The stable…
As made quite apparent by the recent regulatory crackdown on 1Broker, a lesser-known crypto trading platform, centralized exchanges are becoming increasingly susceptible to external risks, like regulation and manipulation. Hence why many believe that secure, efficient, no frills attached decentralized exchanges (DEXs) can’t come fast enough. With a string of recent announcements, it has become…