A Singapore-based sports blockchain venture begins trading a token released by Italian soccer club, Juventus. Cryptocurrencies like Bitcoin (BTC) are not new to the sports industry. Some NBA teams began accepting BTC as payment for tickets as early as 2014. Since then, the relationship between sports and crypto has been rapidly evolving. Today, a firm…
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Major cryptocurrency exchange Binance is deepening its presence in two major emerging markets, India and Indonesia. Major cryptocurrency exchange Binance is deepening its presence in two major emerging markets, India and Indonesia. In an announcement published on April 14, the exchange revealed that users are now able to trade cryptocurrencies peer-to-peer (P2P) for Indian Rupees…
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Binance’s United States-based arm, Binance.US, will launch staking rewards for Tezos on April 16, to totally support three tokens for staking. As Tezos (XTZ) staking has apparently been getting more popular in recent months, the service will be soon available on another cryptocurrency exchange in the United States. Binance.US, the U.S. arm of the world’s…
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With many in the world staying at home, Brave has seen its token expand to new crypto exchanges, including Japan-based bitFlyer. One of the largest cryptocurrency exchanges in Japan and one of the biggest Bitcoin brokers worldwide just announced it would be adding a new coin for trading. In an April 9 press release, crypto…
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Top crypto exchange Binance has officially launched Bitcoin options on its futures trading platform. Top cryptocurrency exchange Binance has officially launched Bitcoin (BTC) options on its futures trading platform. Confirming hints earlier this month, the rollout was announced this morning, April 13. It is, for now, limited to the exchange’s mobile app. Binance offering U.S.-style…
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Have users lost trust in BitMex since Black Thursday’s outage? Since Black Thursday, BitMex users have been withdrawing Bitcoins (BTC) from the exchange in droves. On March 13, BitMex held 306,814 Bitcoins (BTC), by April 9, this number had dropped to 222,025 — this represents a 38% decrease in Bitcoin holdings. Source: TokenAnalyst Although it…
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The cryptocurrency exchange made the decision in the midst of allegations that Monero transactions were used for criminal acts. Huobi Korea announced on April 8 that they would be ending support for Monero (XMR) trading starting on April 9, 2020. They stated that this was due to “low trading volumes and anonymity functions”. They did…
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Given the economic losses due to the COVID-19 pandemic, can we expect governments to be more vigilant in taxing cryptocurrency this year? Could this be the year the world gets serious about cryptocurrency taxation? The coronavirus pandemic, after all, could cost the global economy as much as $4.1 trillion — or almost 5% of global…
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Analysis from Coin Metrics suggests that a giant selloff sparked an immediate knock-on effect for BTC/USD, which shed hit lows of $6,850. Bitcoin (BTC) fell below $7,000 minutes after an investor prepared to sell 1,000 BTC on a major exchange, data shows. Discovered by monitoring resource Coin Metrics, the deposit on Huobi Global on April…
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Crypto exchange Binance is enabling citizens in five further countries to buy crypto using Visa cards with their national fiat currencies. Cryptocurrency exchange Binance is enabling citizens in five further countries to buy cryptocurrency using Visa debit and credit cards with their national fiat currencies. The new service, announced April 10, will extend card support…
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