Digital currency

South Korea’s Central Bank Launches Digital Currency Pilot Program

The Bank of Korea announced on April 6 that it has launched a pilot program to assess the logistics of issuing a central bank digital currency —  or CBDC. While the South Korean central bank has no immediate plans to introduce such a currency, the pilot scheme will ensure that it is prepared to do […]

Japan to Enforce New Crypto Laws from Next Month

Japan is set to enforce the updated cryptocurrency laws in the country from May 1, putting more clarity on the regulations around the decade-old sector. The Japanese House of Representatives passed amendments to two pieces of legislation – the Payment Services Act (PSA) and Financial Instruments and Exchange Act (FIEA) – last year, tightening the […]

Crypto Today: Bitcoin makes its way above $7,000, altcoins follow the lead

BTC/USD is changing hands at $7,070. The coin has gained over 4% since the beginning of the day as the upside momentum is gaining traction. Currently, BTC is moving within a short-term bullish trend amid low volatility.  At the time of writing, ETH/USD is changing hands at $150.40. The second-largest coin recovered from the Asian […]

Litecoin surges by 4% in two hours, ZEC and OMG follow suit

The price of Bitcoin has been surging at the time of the press and has been marching along with the alts. Bitcoin’s price was up by 4.23% in 3 hours and the alts also indicated a rising price. Litecoin [LTC] Source: LTC/USD on Trading View Litecoin ranked seventh on CoinMarketCap, with a market cap of […]

Revolut Expands Crypto Offering – But Not in the US

U.K. challenger bank Revolut said Thursday that all standard users will now be able to buy and sell cryptocurrencies supported in its banking app, though this won’t include U.S. residents for now. Revolut had already planned to expand its crypto offering later this year. But in an email to users, the bank’s head of crypto, […]

Bitcoin’s Recent Crash Now Holding Far Better Than Traditional Stocks As Price Eclipses $7,000

No one can deny that Bitcoin’s safe haven narrative took a big hit on March 12 after the digital asset lost more than 40% of its value within hours. However, Bitcoin was definitely not the only asset plummeting as the entire global market was getting hit at the same time due to the Coronavirus pandemic. […]

Traditional Traders Show Growing Interest in Crypto

A survey published on March 31 revealed that senior trading executives believe that large companies in the business would be interested in taking advantage of the recent crypto plunge, particularly Bitcoin (BTC). According to the Adoption of Digital Asset Trading report published by Acuiti management intelligence platform, about 100 venues capable of trading cryptocurrencies have […]

Binance Quietly Removes Visa Logo From Images of Binance Card

Binance has removed the Visa logo from its announcement of the Binance Card. It seems that the exchange was unable to reach an agreement with the payment processor. Something is amiss at Binance and its alleged relationship with Visa. Although the Visa logo was once prominently displayed on its Binance Card, it has since disappeared […]

Crypto Week in Review: Tether (USDT) Adds $2 Billion to Its Market Cap

Market Snapshot Bitcoin (BTC) briefly surged above $7,000 Thursday for the first time in nearly three weeks. Unable to hold on to its gains, BTC dropped below $6,800, ending Friday up roughly 5% on the week. While there’s no clear indicator as to why Bitcoin saw a price increase this week, there seems to be a […]

The Best Crypto Derivative Exchanges

Crypto derivatives help traders manage their risk and amplify their profits. Here are the best places to trade them. Derivatives are efficient trading instruments that can offer traders an edge in managing risk and multiplying profits. Here are the top four crypto derivative exchanges that we recommend. Why Use Derivatives? The main goal of investing […]

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