Markets Update: Crypto Prices Surge After Last Week’s Pullback

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Digital currency markets have regained some of the losses they endured last week, with the entire cryptoconomy now valued at $275 billion this Saturday. Most cryptocurrencies are up in value between 2-8% today but global trade volumes have tapered off with only $63 billion swapped in the last 24 hours. Also read: Bitcoin.com’s Local Bitcoin…

New SLP Token Allows You to Transact in BTC But With BCH Fees

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There’s a new Simple Ledger Protocol (SLP) based token called BTC2 that’s backed 1:1 with BTC. People can obtain the BTC2 token using cryptocurrency swapping application Sideshift.ai. With BTC2, you can essentially transact with BTC, but utilize the same network fee (less than a penny) as bitcoin cash transactions. Also read: Meet the Developer Who…

CME’s Bitcoin Futures Hit New Records

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Ever since the Chicago Board Options Exchange (Cboe) announced it was ending its bitcoin futures products back in March, the Chicago Mercantile Exchange (CME Group) has seen a huge influx of bitcoin derivatives volumes. During the second week of May, CME’s bitcoin futures touched a milestone when it surpassed 33,000 contracts ($1.3 billion notional value)…

Yahoo Japan-Backed Exchange Launches Crypto-Yen Markets and Margin Trading

Yahoo Japan-Backed Exchange Launches Crypto-Yen Markets and Margin Trading

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Back in April 2018, it was revealed that Yahoo Japan was planning to launch a cryptocurrency exchange licensed by Japan’s Financial Services Agency (FSA). Now, a year later, Yahoo Japan’s trading platform Taotao is open offering BTC and ETH trading while also providing users with margin trading available in litecoin (LTC), ripple (XRP) and bitcoin…

Markets Update: Crypto Prices Sink Lower Finding New Support Levels

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On June 9, digital currency markets have been meandering along in a consolidated manner after the slight downturn this afternoon. At the moment, the entire cryptocurrency market is around $243 billion, but global trade volume has dropped from $80 billion on June 5 to $56 billion this weekend. Also read: Bitcoin.com’s Local Bitcoin Cash Marketplace…

Blockstream Developers Alleged to Earn $850K Per Year

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There are perks to working for Blockstream, aside from having to answer to Samson Mow. Developers for the Bitcoin Core software company are alleged to earn up to $850K per year thanks to a “stock option” that sees them paid 20% of their salary in BTC. That BTC is pegged at the price bitcoin was…

Testing the Noncustodial Button Wallet With BCH Over Telegram Messenger

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Users of the Telegram-infused cryptocurrency Button Wallet can now purchase digital assets through its partnership with the payment processor Wyre. Button Wallet allows users to store, send, and receive cryptocurrencies like BCH, ETH, BTC, LTC, and ETC through the Telegram messaging app. The following is an in-depth review of my experience using Button Wallet after…

Study: Publicly Listed Chinese Firms Quietly Participate in Bitcoin Mining

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According to regional reports, a few publicly listed Chinese companies have been secretly mining bitcoin by pretending to provide cloud or web hosting services. Moreover, recent studies have revealed a growing trend of mystery miners processing the BCH and BTC networks at the same time as these firms have been running undercover mining operations in…

Crypto Assets Outshine Most Traditional Investments in 2019

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Last year, cryptocurrency proponents either complained about the low prices or celebrated the fact they could obtain cheaper coins. 2019 has been an entirely different story, however, as digital assets have started to gain significant value in comparison to traditional assets like stocks, oil, and precious metals. Also Read: US Copyright Office Responds to Craig…

Traders Are Now Banned From Using Localbitcoins Exchange in Iran

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Traders from Iran have been banned from using the peer-to-peer trading platform Localbitcoins.com within the country. The Iranian section of the website displays a short message that states that the exchange is “currently not available.” The news follows significant Iranian rial trade volume on the Localbitcoins platform, which has been climbing steadily over the last…