Markets Update: Cryptocurrencies Follow Bullish Piercing Pattern as Buyers Advance

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Digital currency markets have seen some gains during the early morning trading sessions on Saturday. Since our last markets update, the entire cryptocurrency economy has gained $4 billion and a slew of the top digital assets are up between 2-6% over the last 24 hours. Also read: Openbazaar’s New Social Media Platform Aims to Foster Privacy…

St. Louis Federal Reserve Predicts ‘Flood’ of Altcoins Will Drive Down BTC Prices

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The St. Louis branch of the Federal Reserve bank has published a report seeking to examine the long-term prospects of BTC as an investment. The paper is highly critical of bullish outlooks for bitcoin, asserting that a “flood” of altcoins will deflate the price of all cryptocurrencies relative to fiat currencies over time. Also Read: Marshall…

Cryptocurrency Exchanges Eye Russia for Expansion Despite Sanctions

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Sanctions imposed by governments as part of geopolitical struggles do not always filter through to under-regulated industries. Ambitious businesses covet every opportunity for expansion and diversification. That seems to be the reason why a growing number of crypto exchanges are turning their attention to Russia and its diaspora, despite the disapprobation this risks drawing from…

2018’s Top Cryptocurrencies Ranked by Github Activity

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Over the past 12 months, digital asset values have dropped considerably, but behind the scenes cryptocurrency development has increased. Research from data collection websites that track the amount of Github activity taking place in cryptocurrency repositories shows blockchain development is continuing to grow. Also Read: The Cashaccount.info Platform Tethers Names to Bitcoin Cash Addresses Cryptocurrency Github…

Indian Exchanges End Year With Improved Services, Optimism About Regulation

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As the Indian government deliberates over cryptocurrency regulation, positive sentiment grows among local crypto exchanges regarding their government’s eventual decision. A number of them have also added new features and improved services such as offering interest on crypto deposits, increased liquidity, and better security. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive…

Indian Crypto Exchange Sees Record Trading Volumes Amid Regulatory Uncertainty

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Despite regulatory uncertainty and banking restriction imposed by the country’s central bank, an Indian cryptocurrency exchange is seeing record trading volumes every month. The CEO of Wazirx told news.Bitcoin.com that the recent uptick in crypto prices has prompted a lot of Indians to start trading again. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive…

Poll Shows 13% of Russians Use Cryptocurrency for Online Purchases

Poll Shows 13% of Russians Use Cryptocurrency for Online Purchases

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Cryptocurrency transactions are becoming a viable alternative to traditional electronic payments and Russia is no exception to the trend. Recently conducted surveys indicate that a large number of Russians have already started using digital coins for online purchases and many others are willing to try.    Also read: Russians to Be Allowed ICO Investments up…

Canadian Crypto Exchange Coinsquare Now in 25 European Countries

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One of Canada’s largest cryptocurrency exchanges, Coinsquare, has officially launched in 25 European countries. A Coinsquare spokesperson has shared some details with news.Bitcoin.com. Users in Europe now have access to all major services the exchange offers, including all supported cryptocurrencies. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Coinsquare in 25…

France Rejects Cryptocurrency-Friendly Tax Amendments

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France’s National Assembly has rejected a number of tax amendments aimed at lowering taxes for cryptocurrency traders and users. Among rejected amendments are those concerning capital gains and losses and crypto tax exemptions. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Crypto Amendments Rejected The French National Assembly rejected a number of…

Free Speech Social Network Gab Starts Accepting BTC

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Gab, a social network dedicated to preserving freedom of speech, has announced that its store now accepts BTC directly after banks and payment processors denied the platform service. “Literally no one can no-platform our new crypto shop,” Gab announced. The platform integrated Btcpay Server after it was refused service by Coinbase and Bitpay. Also read: Indian…