Bitcoin Group SE Buys Investment Bank Tremmel For Undisclosed Figure

Bitcoin Group SE has bought 100 percent shares of investment bank Tremmel for an undisclosed amount. This is the German digital currency exchange operator’s second acquisition in 2018. Bitcoin Group, which holds current assets of $40 million, said Tremmel allows it to issue its own cryptocurrency-related products, conduct proprietary trading and operate bitcoin ATMs. Also…

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Monero [XMR/USD] Technical Analysis: Cryptocurrency stays beaten and bruised under the bear regime

The cryptocurrency market’s bear run does not look to have ended, with many cryptocurrencies like Bitcoin [BTC], Ethereum [ETH] and Monero [XMR] all seeing red across the charts. Monero [XMR] was also in the news recently when Nouriel Roubini stated that the cryptocurrency will be “cracked down by the Feds” soon. 1-hour: The Monero one-hour…

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Ethereum [ETH/USD] Technical Analysis: Cryptocurrency will be entertained by bull’s race

Ethereum [ETH], the second-biggest cryptocurrency by market cap, has continued to bleed red at the time of writing. The cryptocurrency has broken down to one of its lowest points ever since its all-time high at the beginning of this year. According to CoinMarketCap, the coin was trading at $209.02, with a market cap of more…

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Bitcoin [BTC/USD] Technical Analysis: Bears continue to hold cryptocurrency captive as prices stagnate

The cryptocurrency market’s rise and fall have been quite sporadic, with several coins shifting between the green and the red spectrum over the past couple of days. Major cryptocurrencies like Bitcoin [BTC], Ethereum [ETH] and XRP have all been trying to get out of the bear zone, but to no avail. 1-hour: The Bitcoin [BTC]…

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Vietnam at Crossroads on Cryptocurrency Regulations

Vietnamese authorities are still considering their approach to regulating the cryptocurrency space. The Ministry of Justice has put forward several alternative solutions and the Ministry of Industry and Trade has expressed its opposition to the ban on imports of mining equipment. Also read: Uzbekistan Sets up International Arbitration Center for Crypto Businesses Justice Ministry Reports…

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Bitcoin Legal Precedent in China, FX Wages Rising – Best of the Week

Swiss blockchain company buys UK company, UK licence Trade.io, a Swiss company that aims to be a blockchain-style financial institution, has purchased a foreign exchange company. This is significant because the latter has a licence to operate in the UK. Join the Leading Industry Event! The name of the purchased party is Primus Capital Markets…

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Cryptocurrency Holders File Lawsuit Against US Telcos Over SIM Swapping Incidents

Cryptocurrency users are often targeted by criminals. Especially those users who rely on exchanges to manage and store funds. A new lawsuit filed against AT&T and T-Mobile is of great interest in this regard. The lawsuit alleges that neither company did enough to prevent the SIM swapping attacks that resulted in the theft of more…

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Major platform for game developers now accepts cryptocurrency

Game developers have gained an opportunity to build cryptocurrencies into their products since the MobileGO’s [MGO] “made-for-gaming” token now available in the Xsolla platform. Due to this partnership, users will gain access to more than 500 games on Xsolla platform utilizing the MGO token. As part of the new partnership, Xsolla, a platform with a…

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VersaVault Initiates Commercialization Of Its Safety Deposit Box For Cryptocurrency

VersaVault, a subsidiary of Canada-based all-digital bank VersaBank, has successfully completed beta testing for its blockchain digital safety deposit box and is initiating commercialization of its services. First announced in January of this year, VersaVault’s digital safety deposit box will enable the bank’s customers to easily, safely, and privately store their digital valuables, including cryptocurrencies,…

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J.P. Morgan sees three potential long-term stock winners from blockchain

Blockchain technology, made famous by cryptocurrencies, is still relatively new and not easy to get exposure to as an investor. J.P. Morgan listed three public companies that could benefit long-term from the emerging tech and have nothing to do with bitcoin. “Investors should be looking to identify where the opportunity to replace a middleman is…

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Huobi Opens Office in Russia, Plans Startup Accelerator and Mining Hotels

The Russian branch of digital asset exchange Huobi is scheduled to open on Nov. 12 with a Russian-language website and local support services. The global cryptocurrency company wants to support Russian startups and mining projects, in addition to launching an educational program. Also read: Abu Dhabi Securities Exchange to Create Infrastructure for Cryptocurrency Assets New…

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Crypto Forecast: Digital Currency Market Estimated to Hit $1 Trillion Before 2018 Ends

The cryptocurrency market valuation is most likely  to strike $1 trillion this very year, the market cap of digital currency appears to just rise by a small margin. Although some of the cryptocurrencies are cumulatively declining, the market cap appears to soar year-on-year. As the 10 year anniversary of BTC whitepaper was celebrated, many cryptocurrencies like…

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Crypto Market App for Android – Cryptocurrency Prices and Charts

Crypto Market provides users all over the world access to relevant cryptocurrency information. The mobile app provider is forging the path for broader adoption of Bitcoin and altcoins. Its Android application has been downloaded over 500,000 times due to an innovative and complete approach to this nascent industry. Demand for mainstream exposure to cryptocurrency information…

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OSC Offering Cryptocurrency Education in Ontario

Cryptocurrencies trade is a booming business to those who have learned the rope and those that get into it with full information of how things work. On the contrary, it can be another arena for gnashing teeth once you meet the fraudulent artists waiting to pounce on you. About the Ontario Security Commission Ontario Security…

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Taiwan To Amend Laws Against Anonymous Cryptocurrency Transactions

Taiwan is following the government in showing amendments regarding laws on cryptocurrency transaction regulations. This territory’s Financial Supervisory Commission (FSC) holds the revision for the authority to crack down basically on anonymous cryptocurrency transactions. The highest legislative body at Taiwan, Legislative Yuan passes the amendments on Friday for the existing laws. According to Focus Taiwan…

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XRP [XRP/USD] Technical Analysis: Cryptocurrency struggles to rise as other coins enjoy the bull party

The cryptocurrency market seems to have taken a roller coaster ride with some coins seeing an uptrend while others are still under the bear’s thumb. Bitcoin [BTC], Ethereum [ETH] and Bitcoin Cash [BCH] are all riding the bull wave while XRP still seems to be having trouble getting out of the bear’s shadow. 1-hour: XRP…

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SEC Report: Reducing Cryptocurrency Scams Among Their Top Priorities

In the U.S. Securities and Exchange Commission’s (SEC) latest annual report, the regulatory authority explained that reducing the number of cryptocurrency-related scams is currently among their top priorities. The report specifically cites initial coin offerings (ICOs) as one such sector of the industry that they are focusing on. The report comes amidst an exponential increase in crypto-related…

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3 Cryptocurrencies Likely to Beat BTC Price Short-Term (WaBi, BNB, TRX)

Who can beat BTC price in the short term? This week three very unique coins have been selected: WaBi, BNB, and TRON. WABI looks to be the top contender to produce the highest returns as a cryptocurrency. Market Conditions The price stagnation within BTC price 00 has led to many mini altcoin rallies. Cryptocurrencies highlighted…

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Daily Byte: Friday, November 2, 2018

Crypto is back in the news for illicit use, Buterin wants less influence, and CryptoKitties are on the loose. Here is some of what’s happening for Friday, November 2, 2018: Buterin Says It’s Better To Fade Away At Devcon4, Ethereum founder Vitalik Buterin painted a roadmap for Ethereum’s future success, and it does not include…

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Bitcoin Cash [BCH/USD] Technical Analysis: Bear confronts cryptocurrency again; sideways movement infuriates investors

The cryptocurrency market’s climb into the bear pit has been slow and steady, with many currencies like Bitcoin [BTC], Ethereum [ETH] and Bitcoin Cash [BCH] all maintaining a sideways movement after the bullish spike. Bitcoin Cash, which has been in the news because of its biggest proponent Roger Ver, has created ripples in the cryptosphere with…

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