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Tether Found a New Bank, and it Might be in the Bahamas: Report

ccn | 10-16-2018

Tether, the controversial issuer of the USDT cryptocurrency, may have found a new banking partner in the Bahamas. Tether May Have a New Bank As first reported by The Block’s Larry Cermak, Tether — whose USD-pegged cryptocurrency has a market cap in the billions of dollars — is said to be holding its fiat reservesThe post Tether Found a New Bank, and it Might be in the Bahamas: Report appeared first on CCN

Categories: USDT|Fiat|Market
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Huobi Joins OKEx, Adds Four New Stablecoins

bitcoinmagazine | 10-16-2018

Huobi Global has announced its decision to list four USD-pegged stablecoins by the end of the week.In a support notice published on its platform, the company noted that users will be able to make deposits for Paxos Standard Token (PAX), True USD (TUSD), Circle’s (USDC), and Gemini exchange’s (GUSD) on its exchange starting from Friday, October 19, 2018 (GMT +8).That was as much detail as the exchange revealed, as it says further information for when trading would start on the exchange will be announced at a later date. Huobi is the fifth largest digital currency exchange and is currently the ninth largest market for Tether, according to data from CoinMarketCap. Huobi becomes the latest top 10 crytpocurrency exchange to add new stablecoins as uncertainty continues to mar Tether’s market reputation. OKEx took the same step by adding the aforementioned tokens to its listed assets yesterday. Tether, the world's largest stablecoin, lost its peg in the early hours of October 15, 2018, causing major price discrepancies between bitcoin’s BTC/USDT and BTC/USD trading pairs across the market.While uncertainty persists regarding Tether's USD holdings, Leonardo Real, Tether’s chief compliance officer, in an email response to CNBC, believes the current happenings in the market are no cause for alarm."We would like to reiterate that although markets have shown temporary fluctuations in price, all USDT in circulation a...

Categories: Exchange|Market|Trading|USDT|ICO
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LiveJasmin Partners With PumaPay so Customers Can Pay Using Cryptos

blokt | 10-16-2018

The adult entertainment sector has been one of the first adopters of technology, especially when it makes the lives of their customers easier and provides more anonymity. Now popular adult live streaming website LiveJasmin is partnering with PumaPay to utilize the latter’s open-source blockchain-based billing protocol that will allow users to make cryptocurrency payments. PumaPay also […]LiveJasmin Partners With PumaPay so Customers Can Pay Using Cryptos was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

Categories: Blockchain|BTC|Technology
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Pantera Capital CEO: ‘SEC Doesn’t Want Widows and Orphans Buying Bitcoin ETFs… I Think an ETF Is Years Away’

cryptoglobe | 10-16-2018

On Monday (15 October 2018), Dan Morehead, the founder and CEO of Pantera Capital Management, one of the leading blockchain investment firms and one of the largest institutional owners of cryptocurrencies, spoke as part of a panel on investing at Bloomberg's Institutional Crypto conference in New York City. This article highlights some of his most interesting comments.

Categories: BTC|Blockchain
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Bitfinex Introduces Top Secret Banking System

bitcoin.com | 10-16-2018

Bitfinex has restored the ability of customers to make fiat currency deposits. Details of its new deposit system remain shrouded in secrecy, however, with the exchange going to extraordinary lengths to conceal the identity of the bank(s) in question. Its “distributed” system, designed to circumvent censorship, has brought the critics out in full force. Also […]The post Bitfinex Introduces Top Secret Banking System appeared first on Bitcoin News.

Categories: Exchange|USDT|Fiat|BTC
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Tezos Surges 15% Amidst Market Recovery and Kraken Listing

newsbtc | 10-16-2018

Tezos (XTZ) surged 15% over the past 24 hours amidst a general cryptocurrency market recovery and its recent listing on Kraken. The cryptocurrency has been one of worst affected by the market crash, falling over 90% since its one year high it reached in December. Despite being one of the worst major altcoins affected by...The post Tezos Surges 15% Amidst Market Recovery and Kraken Listing appeared first on NewsBTC.

Categories: Market|XTZ|Altcoin|BTC|ETH
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Former Coinbase Employee to Join Bakkt Team

blokt | 10-16-2018

The team is one part of cryptocurrency projects that is often underestimated. If we look at the recent listing of 0x Project to Coinbase Pro, three of the five advisors are former Coinbase employees. Bakkt is one project that is taking the team into account. The project announced yesterday that it would be adding former […]Former Coinbase Employee to Join Bakkt Team was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

Categories: BTC|Blockchain
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Roger Ver aka Bitcoin Jesus Joined Azbit Exchange as a New Member of Advisory Board

coinspeaker | 10-16-2018

Early Bitcoin investor Roger Ver has sparked the rumors going around the launch of a self-owned exchange, as the cryptocurrency enthusiast joined the advisory board of Azbit exchange.The post Roger Ver aka Bitcoin Jesus Joined Azbit Exchange as a New Member of Advisory Board appeared first on CoinSpeaker.

Categories: BTC|Exchange|Altcoin|Business
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Tether Market Cap Sinks to $2.2 Billion as another 250 Million USDT Exits Circulation

ccn | 10-16-2018

The loss of its U.S. dollar peg isn’t the only thing driving down the market cap of tether (USDT), the cryptocurrency market’s largest “stablecoin.” Tether Falls Below Dollar Parity The USD-backed token, which as recently as late August had a circulating valuation of nearly $2.9 billion, is now worth just $2.2 billion, representing a two-monthThe post Tether Market Cap Sinks to $2.2 Billion as another 250 Million USDT Exits Circulation appeared first on CCN

Categories: USDT|Market|Fiat|ICO
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Nouriel Roubini Attacks Blockchain in Latest Rant

bitcoin.com | 10-16-2018

NYU economics professor Nouriel Roubini, commonly known as Dr. Doom in mainstream financial media circles, is a long-established Bitcoin and cryptocurrency skeptic. In his latest rant he focuses on blockchain technology and the people promoting it. Also Read: Research: Corporations Fail to Deliver on Blockchain Hype, Scalability a Top Concern Greedy White Men Roubini, who […]The post Nouriel Roubini Attacks Blockchain in Latest Rant appeared first on Bitcoin News.

Categories: Blockchain|BTC|Technology
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Bitfinex Secures an Account with Deltec Banks, Tether Still Unpegged

trustnodes | 10-16-2018

Bitfinex has today announced “distributed banking” to presumably try and hide bank details from the public after they’ve seen a number of bank account closures following a banking blockade last...The post Bitfinex Secures an Account with Deltec Banks, Tether Still Unpegged appeared first on Trustnodes.

Categories: Exchange|USDT|Fiat
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Bitfinex Launches ‘New, Improved’ Deposit System Amid Market Chaos

cryptoglobe | 10-16-2018

Bitfinex launches 'new' deposit system after brief outage last week which has fed the speculation regarding Bitfinex and Tether and contributed to the 'wild prices' yesterday (15 October). Critics say that there is no visible change in new 'system' and Bitfinex again fires back against 'targeted campaign'.

Categories: Exchange|USDT|Market
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Fidelity Just Removed ‘Huge Obstacle’ to Investing in Cryptocurrencies

bitcoinist | 10-16-2018

Here is why the cryptocurrency space was largely “impressed” by Fidelity Investments announcing it will offer its 27 million customers a way to store and trade digital currencies.  Fidelity Unveils ‘Fidelity Digital Assets’ Currently, Fidelity manages $7.2 trillion dollars, making it the fourth largest asset manager in the world. It is the leader in the United States when it comes to 401(k) retirement savings plans, and is one of the largest 403(b) retirement plan providers for not-for-profitRead MoreThe post Fidelity Just Removed ‘Huge Obstacle’ to Investing in Cryptocurrencies appeared first on Bitcoinist.com.

Categories: BTC
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Coinbase Opens Office in Dublin to Serve the European Market

livebitcoinnews | 10-16-2018

The leading cryptocurrency exchange, Coinbase, has announced the opening of its new office in Dublin, the Irish capital city. Firm Starts European Operations Coinbase, the U.S.-based leading cryptocurrency exchange, has been working aggressively to grow its business. As part of its growth strategy, the company has taken multiple steps, including the launch of services for...The post Coinbase Opens Office in Dublin to Serve the European Market appeared first on Live Bitcoin News.

Categories: Exchange|Market|BTC|Trading|Business
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Roubini’s Temper Out of Control – Possible Liability for Defamation, Suggests Government Enforcement Defense Lawyer

blokt | 10-16-2018

Call it an emotional outburst or a deliberate ploy to get his point across, Nouriel Roubini, aka Dr. Doom, seems to be shooting (metaphorically, of course) in the general direction of anyone who disagrees with his take on the crypto economy. At this point, it wouldn’t probably be much of an exaggeration to call some […]Roubini’s Temper Out of Control – Possible Liability for Defamation, Suggests Government Enforcement Defense Lawyer was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

Categories: BTC|Blockchain
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Mike Novogratz: Bitcoin Rally Likely to Start in 2019

coinspeaker | 10-16-2018

Novogratz said that the arrival of institutional players has taken a little longer than expected. As a result, he cuts down on Bitcoin price prediction to below $10000 by the year-end. The post Mike Novogratz: Bitcoin Rally Likely to Start in 2019 appeared first on CoinSpeaker.

Categories: BTC|Trading|Altcoin|Business
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Crypto Exchange Kraken Lists Tezos

cryptoinsider | 10-16-2018

Notable crypto exchange Kraken announced the listing of Tezos coins late yesterday evening. Trading will begin today at 11 am Eastern Standard Time today.The post Crypto Exchange Kraken Lists Tezos appeared first on Crypto Insider.

Categories: Exchange|Trading|Altcoin
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Fifth Largest Crypto Exchange Huobi Lists Four USD-Backed Stablecoins, Following OKEx

cointelegraph | 10-16-2018

World’s 5th largest crypto exchange Huobi follows OKEx in listing four USD-backed stablecoins for deposit starting friday

Categories: Exchange|USDT|Blockchain
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What Led the World’s Largest Brokerage to Fully Integrate Crypto After 1 Year of Testing?

ccn | 10-16-2018

In late 2017, Fidelity, one of the largest brokerages and asset managers with 7.2 trillion in assets under management as of October 2018, launched its first crypto initiative. By partnering with Coinbase, the biggest crypto-to-fiat exchange in the global market, Fidelity enabled its clients to track investments in major cryptocurrencies like Bitcoin and Ethereum throughThe post What Led the World’s Largest Brokerage to Fully Integrate Crypto After 1 Year of Testing? appeared first on CCN

Categories: BTC|ETH|Exchange|Market|Trading
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Reshape Blockchain Security With BlockSafe Technologies - [BTC Media Sponsor]

bitcoinmagazine | 10-16-2018

In today’srapidly advancing world of blockchain innovation, it’s no secret that cryptocurrencywallets, exchanges and enterprise platforms are targets for nefarious activity.Underscoring this threat are three notable hacks and accompanying losses forinvestors in recent history: Mt. Gox (650,000 BTC lost), Bitfinex (120,000 BTClost) and DAO Ethereum ($50 million lost). At the epicenterof efforts to thwart the proliferation of these intrusions is BlockSafe Technologies. A U.S. company with headquarters in Edison, New Jersey, BlockSafe is a subsidiary company of StrikeForceTechnologies, Inc., a leading cybersecurity solutions provider for corporations,government agencies and consumers that has been in business over 18 years. According toBlockSafe, most hacks involve wallets compromised by malware, where keyloggersare used to obtain secret codes and clipboard information is used to redirectdestination addresses. Once a wallet has been hacked, getting money returned oreven the prospect of legal recourse has always proven next to impossible. BlockSafeemploys a multipronged approach that locks down the decentralized ecosystemalong the three primary exposure points of wallets, exchanges and privateblockchains. Through a comprehensive set of solutions, BlockSafe provides astable approach for today’s topsy-turvy blockchain ecosystem at its two higheston-ramps of vulnerability: user authentication and interaction. ...

Categories: BTC|Blockchain|Business|ETH|Exchange
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Coinfloor Obtains DLT Provider License in Gibraltar

bitcoin.com | 10-16-2018

Coinfloor, the oldest operational cryptocurrency exchange in the U.K., has become the first company to secure a distributed ledger technology (DLT) license in Gibraltar. Also Read: 19 Companies Licensed to Operate Crypto Exchanges in Philippine Economic Zone British Overseas Territory Recognizes First Offshore Crypto Entity The London-based crypto exchange, which is backed by Transferwise founder Taavet […]The post Coinfloor Obtains DLT Provider License in Gibraltar appeared first on Bitcoin News.

Categories: Exchange|BTC|Regulation|Blockchain|Technology
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How the Dutch Are Setting an Example in Blockchain Adoption

blokt | 10-16-2018

Numerous technology giants are showing interest in blockchain technology. However, governments are still cautious about laying their hands on distributed ledgers. Low blockchain literacy and apprehensions about the implications of this technology could be at the heart of this approach. The Netherlands, on the other hand, has dived into the world of blockchains and is […]How the Dutch Are Setting an Example in Blockchain Adoption was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

Categories: Blockchain|Technology|BTC
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Binance targets Uganda with new fiat to crypto exchange launch

cryptonewsreview | 10-16-2018

Binance is once again targeting the African crypto industry as it announces the official launch of its new fiat to crypto Exchange in Uganda. by Alan Wass for CNR The African crypto industry can sometimes go under the radar even though it has one of the fastest growing economies of any continent. Now we hear […]The post Binance targets Uganda with new fiat to crypto exchange launch appeared first on CryptoNewsReview.

Categories: Exchange|Fiat
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Speculation Increases for Icon [ICX] With Burn Approaching

blokt | 10-16-2018

Icon was one of the projects which many traders and investors were optimistic about at the start of the year. But Icon got swept up in the bear market with other cryptocurrencies, decreasing from above $12 in January to around $0.70 today. Talk about the project has been reignited with a number of significant events […]Speculation Increases for Icon [ICX] With Burn Approaching was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

Categories: BTC|Market|Blockchain|Trading|Business
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Polish Darknet Vendor of Counterfeit Euro Bills is Taken Into Custody

themerkle | 10-16-2018

Offering any product or service on the darknet can be a very risky business. This is especially true when trying to bring illegal goods to consumers, such as drugs, guns, or even counterfeit goods. In Poland, one of the most prolific darknet vendors of counterfeit goods has been arrested. His main business revolves around selling […]The post Polish Darknet Vendor of Counterfeit Euro Bills is Taken Into Custody appeared first on NullTX.

Categories: Fiat|Business|ICO
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The Week: Tether Panic, Fidelity and US Senate Showdown

cryptoglobe | 10-16-2018

The Tether sell off led to a price spike as traders bought bitcoin and other cryptocurrencies to exit the rapidly devaluing USDT. Several positive regulatory developments have occurred last week and most notably Fidelity will launch crypto custody and brokerage solutions for institutional investors. Nouriel Roubini aka 'Dr Doom' spoke at the US Senate hearing alongside Peter Van Valkenburgh, Director of Research at Coin Center.

Categories: USDT|Regulation|BTC|Trading
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Bitfinex Reopens Deposits but Stays Silent About Bank Arrangements

bitcoinist | 10-16-2018

Cryptocurrency exchange Bitfinex confirmed it has reopened fiat currency deposits for all users October 16th, while remaining secretive about changes in its banking relationships. ‘New, Improved And Increasingly Resilient’ In a blog post, the exchange, which on Thursday began restricting deposits for certain users, said it had finished implementing what it described as “a new, improved and increasingly resilient fiat depositing system.” “This new process will once again allow KYC-verified users from around the worldRead MoreThe post Bitfinex Reopens Deposits but Stays Silent About Bank Arrangements appeared first on Bitcoinist.com.

Categories: Exchange|Fiat|BTC
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Steve Wozniak Joins a Blockchain Firm as Co-Founder

livebitcoinnews | 10-16-2018

Apple co-founder Steve Wozniak has been named co-founder of blockchain-based venture capital firm Equi Global. Looking to Disrupt the Venture Capital Industry Steve Wozniak,  co-founder of Apple, has formally joined a blockchain-based venture capital firm, Equi Global, as co-founder. Live Bitcoin News had reported about Wozniak’s plans to get involved with the controversial start-up in...The post Steve Wozniak Joins a Blockchain Firm as Co-Founder appeared first on Live Bitcoin News.

Categories: Blockchain|BTC
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Charles Hoskinson and Ken Kodama Address Cardano Community in Open Letter

blokt | 10-16-2018

Cardano is one of the most promising projects in the blockchain sector. It is not just reimagining how blockchains work but also changing the world of digital currencies. In a new open letter, IOHK and Emurgo chiefs shared their opinions on Cardano. IOHK and Emurgo are engaged in developing and managing the Cardano blockchain, along with […]Charles Hoskinson and Ken Kodama Address Cardano Community in Open Letter was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

Categories: ADA|Blockchain|BTC
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Mike Novogratz Explains Why the Beginning of 2019 Will Be Big for Bitcoin

cryptoglobe | 10-16-2018

Mike Novogratz, founder & CEO of cryptocurrency fund Galaxy Digital, recently went on Bloomberg Television to discuss developments in the cryptocurrency space. Specifically, Mike sees Fidelity’s newest custody solution as very bullish for bitcoin.

Categories: BTC|Trading
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Ripple’s Digital Currency XRP Maintains Bullish Movements

blokt | 10-16-2018

The market leader Bitcoin increased significantly yesterday moving from around $6200 to approximately $6850. It since retraced to $6450 and has been trading on low volume since then. Ripple’s digital currency XRP is one of the few coins to follow up with bullish movements today. The catalyst for this follow-up in appreciation is likely to be positive […]Ripple’s Digital Currency XRP Maintains Bullish Movements was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

Categories: Trading|XRP|BTC|Market|Blockchain
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Spread between BTC/USD and BTC/USDT Crosses $300

ccn | 10-16-2018

The imbalanced peg between the US Dollar and Tether LLC’s USDT has resulted in a $300-spread in Bitcoin price. At the press time, the aggregated Bitcoin-to-dollar exchange rate on non-Tether exchanges is approximately 6430-fiat. Meanwhile, on Tether exchanges like BitFinex, the same forex rate is above 6700-fiat. The strange trading activity, which started surfacing onThe post Spread between BTC/USD and BTC/USDT Crosses $300 appeared first on CCN

Categories: USDT|BTC|Exchange|Trading|Fiat
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Cryptocurrency Exchange CoinCola Partners With Dash as It Launches in Venezuela

blokt | 10-16-2018

Hong Kong based cryptocurrency exchange CoinCola is taking its global expansion campaign seriously and as a result, has partnered with Dash to enter the Venezuelan crypto market through multiple promotional deals running from Oct. 1 to Dec. 31. The cryptocurrency exchange partnered with Dash because of the cryptocurrency’s large footprint in the Venezuelan crypto market. A […]Cryptocurrency Exchange CoinCola Partners With Dash as It Launches in Venezuela was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

Categories: DASH|Exchange|Market|BTC|Asia
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Un-Stablecoin? What the Recent USDT Price Dip Means for the Industry

financemagnates | 10-16-2018

What does Tether's downward price movement signal for the coin and the industry?

Categories: USDT|Trading|Exchange|Blockchain
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Japan: Messaging Giant LINE Launches Trading of Its LINK Token on Native Exchange

cointelegraph | 10-16-2018

Officials at Japanese messaging giant LINE confirm native LINK token trading is now live

Categories: Asia|ICO|Trading|Exchange|Blockchain
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50 Indian Traders Share Thoughts on Investing, RBI Ban, Future of Crypto in India

bitcoin.com | 10-16-2018

Fifty traders who use Indian crypto exchange Instashift have shared their thoughts on the current crypto environment in India. Most of them said that they “hodl” and would continue to invest in crypto despite regulatory uncertainty. Also read: RBI Argues Supreme Court Should Not Interfere With Its Crypto Decision Most Respondents Are Hodlers A survey was […]The post 50 Indian Traders Share Thoughts on Investing, RBI Ban, Future of Crypto in India appeared first on Bitcoin News.

Categories: BTC|Exchange|Business
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Will Fidelity satisfy the institutional bitcoin glut?

cryptoinsider | 10-16-2018

Despite the bear market that began eight months ago, there is one niche that never slowed down; bitcoin OTC (over the counter) trades, or block trades, as some prefer to call it.  Throughout this time, I have had institutional clients looking to buy anywhere from 100,000 btc up to 1,000,000 btc. The bitcoin price movement […]The post Will Fidelity satisfy the institutional bitcoin glut? appeared first on Crypto Insider.

Categories: BTC|Market|Trading
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Singapore-based Huobi to Add Four More Stablecoins in the Next Few Days

cryptoglobe | 10-16-2018

Singapore-based crypto asset exchange announced today that it will add four new stablecoins to its trading platform by October 19th. These coins include: Paxos Standard Token (PAX), True USD (TUSD), Circle’s (USDC), and Gemini exchange’s (GUSD). This announcement comes shortly after Malta-based digital asset trading platform, OKEx announced it will list the same stablecoins - even though their circulation remains quite low.

Categories: Trading|Exchange|ICO
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Crypto Exchange Bitfinex Restarts Fiat Deposits Claiming 'Improved' Process

coindesk | 10-16-2018

Cryptocurrency exchange Bitfinex says it has rolled out a new process for depositing fiat currency after it halted the service last week.

Categories: Exchange|Fiat
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Bitcoin Continues to Trade at Premium on Bitfinex After Tether Crash

blokt | 10-16-2018

Bitcoin is trading at a 4-5% premium on Bitfinex after the USD-pegged stable coin USD Tether (USDT) crashed. USD made a move down to a low of 0.85 but has since retraced to 0.955, decreasing the premium seen on Bitfinex. Bitcoin is trading around $6450 on Coinbase. After a sharp increase yesterday, today’s candle is […]Bitcoin Continues to Trade at Premium on Bitfinex After Tether Crash was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

Categories: BTC|USDT|Exchange|Trading|Blockchain
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“An Extremely High Percentage” of Institutional Investors Interested in Crypto Says Fidelity’s Jessop

trustnodes | 10-16-2018

Tom Jessop, Fidelity Investments head of corporate business development and digital assets, said an internal survey of institutional investors showed there is “an extremely high percentage interested in this space.” His...The post “An Extremely High Percentage” of Institutional Investors Interested in Crypto Says Fidelity’s Jessop appeared first on Trustnodes.

Categories: Business|BTC|ETH
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Kraken Announces Tezos Listing

cryptoglobe | 10-16-2018

Crypto exchange Kraken has announced that Tezos (XTZ) will be listed on its platform and trading in Tezos will begin today - Tuesday, October 16 2018.  The inclusion of Tezos (XTZ) is a development which underlines the growing influence of Tezos which once held the record for most money raised in an ICO before suffering a difficult period punctuated by infighting earlier this year.

Categories: XTZ|ICO|Exchange|Trading
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Newsflash: Bitfinex Unveils ‘Distributed Banking Solution,’ Resumes Fiat Deposits

ccn | 10-16-2018

Cryptocurrency exchange giant Bitfinex has unveiled a “distributed banking solution” that it says will be a “resilient” solution to its much-chronicled banking woes. Announced on Tuesday, the new system will allow KYC-verified users to immediately begin initiating fiat deposits across USD, GBP, JPY, and EUR, which had been paused for almost a week. Alleging thatThe post Newsflash: Bitfinex Unveils ‘Distributed Banking Solution,’ Resumes Fiat Deposits appeared first on CCN

Categories: Exchange|Fiat
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BlockFi Now Offers Litecoin and Gemini Stablecoin-Backed Loan Options

bitcoinmagazine | 10-16-2018

Crypto-to-USD lender BlockFi has announced that it will support loans backed by both Litecoin and Gemini’s recent stablecoin token GUSD. This is the first time the company is expanding to accept collateral in one of the crypto industry’s top-10 assets besides bitcoin and ether. In addition, BlockFi is also the first crypto-backed lender to support loans backed by GUSD.Founded in 2017, BlockFi offers both debt and credit products and seeks to bring liquidity to the cryptocurrency space. Based in New York, the company operates in over 40 states and is backed by some of the country’s leading financial firms including PJC and ConsenSys Ventures, as well as Galaxy Digital Ventures LLC, which provided the company with nearly $53 million in capital during a funding round in July 2018. This marked the first investment into crypto-backed loans from an institutional enterprise. Zac Prince is the company CEO. Speaking with Bitcoin Magazine, he said that BlockFi’s acceptance of Litecoin was a “logical first step” toward supporting most — if not all — of the world’s top 10 cryptocurrencies. “Litecoin was recently added to Gemini and has a long history of price appreciation,” he commented. “Having large, imbedded capital gains is one of the motivating factors for considering a loan backed by crypto. Litecoin also has strong liquidity with USD pairs in multiple trading venues.” With the addition of GUSD, BlockFi can o...

Categories: LTC|BTC|Trading|ICO|Business
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Amid Brexit Uncertainties, Coinbase Announces a New Dublin Office

bitcoinist | 10-16-2018

Coinbase has announced the opening of a new office in Dublin. The decision to move shop to the famed Irish city may be part of a plan to hedge Brexit uncertainty by expanding the company’s presence across Europe. San Francisco-based cryptocurrency exchange Coinbase continues to expand its presence across Europe. October 15th the company said on are opening a new office in Dublin Ireland after considering a number of locales across the European Union. Coinbase isRead MoreThe post Amid Brexit Uncertainties, Coinbase Announces a New Dublin Office appeared first on Bitcoinist.com.

Categories: Exchange
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Institutional Interest in Crypto During Bearish Times is Bullish

newsbtc | 10-16-2018

An oversold market makes the best time to enter. And experts believe it is happening with crypto industry as it retains a yearly bearish bias. The significant dip seen in 2018, followed by consecutive strong rebounds from a specific bottom area has upped medium-term bullish sentiments in the crypto market. Bitcoin, the cryptocurrency with the highest dominance,...The post Institutional Interest in Crypto During Bearish Times is Bullish appeared first on NewsBTC.

Categories: Trading|BTC|Market
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The US Is Behind the Curve on Cryptocurrency Adoption, Says WEF Blockchain Head

livebitcoinnews | 10-16-2018

Sheila Warren believes the United States is behind the curve on cryptocurrency payment adoption. The head of the World Economic Forum’s blockchain policy unit says the maturity of the e-commerce arena in Asia has the U.S. playing second fiddle. Asia Leads the World in Cryptocurrency Payment Technology In an op-ed published on CNN Business on...The post The US Is Behind the Curve on Cryptocurrency Adoption, Says WEF Blockchain Head appeared first on Live Bitcoin News.

Categories: Blockchain|Asia|BTC|Technology|Business
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Hong Kong Explores Different Ways of Regulating Cryptocurrency Exchange Platforms

blokt | 10-16-2018

The Hong Kong Securities and Futures Commission (SFC) is keen on exploring different ways to regulate cryptocurrency exchange platforms operating in Hong Kong to protect retail investors. According to a South China Morning Post (SCMP) article published on Oct. 15, the Hong Kong watchdog believes that a total ban is not effective and it is […]Hong Kong Explores Different Ways of Regulating Cryptocurrency Exchange Platforms was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

Categories: Asia|Exchange|BTC|Blockchain|Business
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Barclays Shelves Plans to Launch Crypto Trading Desk, Inside Sources Report

cryptoglobe | 10-16-2018

UK-based investment bank, Barclays, which holds over $1.1 trillion in assets, has shelved its plans to launch a cryptocurrency trading platform. It's possible that the bank postponed its plans because of regulatory uncertainty and issues related, or similar, to Bitfinex and Tether which have led to cryptocurrency prices fluctuating wildly in the past 48 hours. At press time, it is unclear exactly why Barclays has puts its crypto plans on hold.

Categories: Trading|Fiat|USDT|Exchange|Market
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TokenInsight Raises Multimillion-Dollar Funding From Blockchain Venture Capital Firms

blokt | 10-16-2018

TokenInsight, Inc., an independent, third-party data analytics organization that provides ratings for blockchain companies, announced on Oct. 10 that it managed to raise a multimillion-dollar investment in a Series A financing round. How TokenInsight Plans to Utilize Funding The fundraising was led by Matrix Partners, a Chinese venture capital firm, and notable participants, including Draper Dragon, Fenbushi […]TokenInsight Raises Multimillion-Dollar Funding From Blockchain Venture Capital Firms was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

Categories: Blockchain|BTC|ICO