Author: Urban
Page: 3
Yahoo Japan Doubles Down on Crypto, Rakuten in Regulatory Push
Some of Japan’s biggest internet companies are making big moves in the country’s cryptocurrency industry – with Yahoo Japan making a large-scale investment, and a Rakuten-fronted group pushing for the regulator to reform and clarify proposed crypto tax and initial coin offering policies. Yahoo Japan made a bold debut on the scene last year, snapping […]
A Rich Man’s Game: Crypto Arbitrage Trading
The price differential of cryptocurrencies can be quite substantial across different exchanges. This, of course, provides an excellent opportunity for arbitrage traders. What is arbitrage trading? In the financial markets, arbitrage trading refers to simultaneously buying and selling an asset or a security on two different exchanges to generate a profit from the price differential […]
Crypto Market Explodes, Bitcoins Gains 8%
After almost two weeks of trading sideways, the crypto market suddenly exploded on Friday. At the time or writing (UTC 05:08 PM) all top 100 cryptocurrencies by market capitalization are in green. Bitcoin jumped by more than 8% in the past 24 hours and is trading close to USD 3,700, while Litecoin (LTC) registered strongest […]
Twitter CEO Becomes New Crypto Superstar This Week
Jack Dorsey, co-founder and CEO of social media giant Twitter as well as founder and CEO of mobile payments company Square, has become a new crypto superstar this week. Dorsey, who has more than 4 million followers on Twitter, once again confirmed he is a huge fan of Bitcoin and holds “enough” of what he considers could become “the native […]
NEM Foundation Asks for USD 8 million, Price Slumps Further
The NEM Foundation, the developer of the NEM blockchain platform, has announced their funding proposal for 2019, which, if approved, will have the foundation restructured to have newly created product-focused teams. However, the XEM token is still going down, having dropped by 9% within the past 24 hours as of the time of writing. The […]
How Sustainable is the BitTorrent Token Rally?
Only a week ago, the new BitTorrent Tokens (BTT) sold out within minutes, and now their price is shooting up, having gained more than 800% since its sale on January 28, more than 120% in a few days in February and jumping by almost 60% in the past 24 hours (UTC 10:00 AM.) However, the questions […]
Anything is Still Possible for Crypto in South Korea
All may not be lost for the cause of initial coin offerings (ICOs) in South Korea – in the wake of a decision by the country’s top financial regulator to uphold a ban on ICOs, announced last week. The regulatory Financial Services Commission (FSC) has announced that the ban would remain in place, but some […]
Most of Stolen IOTA Funds Were Found, Company Says
Out of the USD 11.4 million of IOTA tokens (MIOTA) stolen, the majority has already been found, according to IOTA co-founder and co-chairman of its board Dominik Schiener. However, the funds are still being held by law enforcement as evidence against the perpetrator that was recently arrested in Oxford, UK. In an interview with Reuters, Schiener said, “From […]
Bitcoin Shrugs as Fidelity’s Crypto Custody Nears
Despite the news that US-based mutual fund giant Fidelity Investments may be aiming for a launch of its highly anticipated crypto custody solution in March this year, bitcoin’s reaction was muted. As of press time Wednesday morning, the price of the number one cryptocurrency was up roughly 1% over the past 24 hours, after seeing a sell-off […]
QuadrigaCX Becomes Another Troubled Crypto Exchange
After crypto exchange Liqui announced yesterday that it is shutting down, a Canadian exchange by the name QuadrigaCX, ranked 154th by 24 hour volume on Coinmarketcap, has become a headache for its customers who have been unable to withdraw funds from the exchange for months. The exchange’s website has also been unavailable for long periods of time, with various […]