Brokers Crypto Markets News Platforms 

Cumberland Launches Crypto Trading Platform for Institutions

“Cryptocurrency trading firm Cumberland announced on Tuesday that it has launched a spot trading platform for its customers” writes David Kimberley for financemagnates.com. Called Marea, the new platform will allow clients to place orders online and interact with members of the Cumberland team.With retail interesting petering out, market makers, brokers and exchanges are turning their attention to the institutional trading world. In some ways, pursuing the latter model could be a positive for the cryptocurrency trading world as lots of poorer investors losing money tends to lead to greater regulatory…

Read More
Crypto News 

In the Daily: Cryptocurrency Payments, Nvidia Losses, Suspended CFD

“We also look at the latest financial report from Nvidia indicating losses due to falling demand for chips used in cryptocurrency mining” reports bitcointoday.club. According to a recent study conducted by cybersecurity company Kaspersky Labs, 13 percent of those surveyed have already used crypto to make purchases.The popularity of cryptocurrency as a payment method has been increasing despite the falling price of digital assets over the past year.n the first edition of The Daily this weekend, we focus on a study estimating that 13 percent of people have used digital…

Read More
Crypto News 

Startups-Focused Law Firm Now Accepts Bitcoin Cash Payments

“The corporate law firm, which has helped over 300 startups raise more than $500 million in venture capital, now accepts direct cryptocurrency payments via Bitpay” reports bitcointoday.club. We speak our clients’ language and now accept payment in their preferred currency.” What do you think about law firms accepting bitcoin payments?. Cryptocurrency ventures that don’t wish to convert their holdings to fiat can now pay for legal services with bitcoin cash (BCH) or bitcoin core (BTC) with Atrium.Also Read: Wikipedia Now Accepts Bitcoin Cash Donations via Bitpay Atrium, a legal services…

Read More
Crypto News Platforms 

Financial Firm Offers ‘Almost Instantaneous’ Loans Up to $30,000 With Crypto as Collateral

“A financial company is giving crypto holders the opportunity to take out cash loans while using their digital assets as collateral” writes Connor Blenkinsop for cointelegraph.com. Meanwhile, YouHodler believes its product helps traders leverage their crypto portfolio with additional cash in order to buy further digital assets.Six cryptocurrencies are accepted as collateral, including Bitcoin, Litecoin, Ethereum, XRP, Bitcoin Cash and BSV. Others, including XLM, Dash and ZCash, are said to be in the pipeline. Instead, the platform wants to adopt a more user-friendly, fast and sustainable approach than old-fashioned institutions…

Read More
Crypto News 

‘Japanese Amazon’ Rakuten Tries Hand on Crypto

“A big Japanese e-commerce company, dubbed the Amazon of Japan, Rakuten, released a statement about their plans on making Bitcoin and other cryptocurrency as form of payment processor” reports livebitcoinnews.com. Actually, it’s not the first time that Rakuten has gotten interested in offering Cryptocurrency as an option for payment.Rakuten Pay, the app platform, is expected to release a new version in the next 4 weeks, attached with a Cryptocurrency payment choice, alongside cash.It also showed optimism for Cryptocurrency capitalists willing to know about the effect of Rakuten’s offering for Bitcoin…

Read More
Crypto News 

Coinbase Buys Blockchain Intelligence Startup Neutrino

“Based in Italy, Neutrino helps map blockchain networks, and in particular crypto token transactions, to pull in information and insight” reports techcrunch.com. Coinbase, the world’s most valuable crypto company, is gearing up to add more cryptocurrencies to its exchange thanks to its latest acquisition.We already know the firm wants to a glut of new crypto assets, but today it announced it has snapped up blockchain intelligence startup Neutrino in an undisclosed deal that seemed destined to help further that goal. Source: techcrunch.com

Read More
Crypto Markets News 

Bitcoin Forms Green Candle on Monthly Chart After 6 Months

“As of the time of this writing, Bitcoin is on an up trend, trading at $3,828.50, marking a 2.29% change in 24 hours” reports livebitcoinnews.com. Among the top ten digital assets, Ethereum (ETH) has posted the biggest gain, seeing a 10.41% 24-hour change, trading at 139.14 to the US dollar.The upward movement has seen its market capitalization grow from USD $64 Trillion to $USD 65.9 Trillion, owning 52.14% of the total cryptocurrency market cap.Ethereum is followed by Bitcoin Cash (BCH) with 6.68% growth, and EOS (EOS) recording a 4.34% increase.Bitcoin’s…

Read More
Crypto Futures Markets News 

Indonesia Launches Regulatory Framework for Crypto Futures Market

“The new regulatory framework announced today is comprised of numerous major rules for operators in the crypto futures space” writes Celeste Skinner for financemagnates.com. Operating under Indonesia’s Ministry of Trade, the regulator has stated that cryptocurrency futures exchanges wanting to operate in Indonesia, must be registered and approved before they can commence operations.The regulation announced today, follows on from reports released back in June of last year, that cryptocurrency futures trading is legal in Indonesia.The Indonesian Commodity Futures Trading Supervisory Agency (Bappebti) announced via an official press release that it…

Read More
Crypto News 

Crypto Crime Trends Evolving as Users Wise Up: Exchange Hacks, Darknet and Money Laundering

“At the right time, at least half of the stolen funds are cashed out using various conversion services within 112 days” writes Gareth Jenkinson for cointelegraph.com. Hackers waste no time cashing out stolen cryptocurrency, usually within three months after the initial attack.The second organization is less thorough in their approach, biding their time before converting stolen funds to clean money.In certain countries, existing anti money-laundering (AML) and Know Your Customer (KYC) regulations apply to cryptocurrency exchanges, which has helped curb some instances of crypto money laundering.The information could become pivotal…

Read More
Crypto News 

CFTC Commissioner Brian Quintenz Suggests Creation of Crypto Self-Regulatory Organization

“United States Commodity and Futures Trading Commission (CFTC) commissioner Brian Quintenz has suggested that participants in the cryptocurrency industry should create a self-regulatory structure” writes Adrian Zmudzinski for cointelegraph.com. Securities and Exchange Commission (SEC) commissioner Hester Peirce, who was also a speaker at the panel, reiterated how confusing the current regulation of the crypto industry is.Still, the CFTC commissioner also pointed out that “a self-regulatory organization is specifically chartered by Congress through the law,” while this would only be a mutual association of private companies participating in the industry. Source: cointelegraph.com

Read More