Major Crypto Exchange Kraken Values Itself at $8B: is it Too Much?

Amid a multi-month bear market in crypto land, this industry’s leading startups have still shot for the stars. Case in point, leaked documents indicate that a distinguished crypto exchange, Kraken, is seeking to be valued at a jaw-dropping sum, which may place the platform among the ranks of Earth’s foremost startups. While the firm’s appetite for grandeur is… Read More »

Germany’s Second Largest Stock Exchange is Launching a Zero-Fee Crypto Exchange

Advertisement The second largest stock exchange in Germany, the Stuttgart Exchange Group and the banking institute SolarisBank are joining forces to create infrastructure for a zero-fee crypto exchange. While some digital currency fanatics welcome large banking establishments into the crypto-affray, others believe it goes against the decentralized nature of cryptocurrency. However, you cannot stop the market from evolving… Read More »

Bitcoin Price Consolidates Sub-$3.5K With Bulls and Bears in Stalemate

Bitcoin (BTC) is consolidating below $3,500 for the third day straight. The challenge now is to gauge whether the bulls or the bears will win out in the coming days. As discussed yesterday, the leading cryptocurrency could soon see a corrective rally if prices manage to clear the crucial resistance at $3,633 (the high of an “inverted hammer”… Read More »

Sign Of The Times: Basis Shutters $133M Crypto Project Due To Regulation

Although crypto startups have been capitulating en-masse due to financial restraints, a direct byproduct of Bitcoin’s rapid drawdown in value, reports indicate that a promising stablecoin venture has folded due to regulatory qualms. $133M Crypto Project Folds Due To “Regulatory Headwinds” In recent months, stablecoins, cryptocurrencies tied to an asset deemed “stable” (ex. U.S. dollar, gold, etc.), have… Read More »

Opera Rolls New Blockchain-Oriented Browser To Interact You With Web 3.0

During the Hard Fork Decentralized Event in London which was held for three days (December 12 -14), Opera announced the launch of cryptocurrency wallet on its Android App. Opera’s new blockchain oriented browser is particularly built to help users browse with the decentralized web or Web 3.0. First Browser with Decentralized Mechanism This is the first of its… Read More »

$133 Million Stablecoin Project of Basis is Reportedly Shutting Down

The Basis stablecoin project which had raised over $133 Million in venture capital, is reportedly shutting down and returning a vast majority of the funds to investors. Unlike other projects shutting down due to the bear market, Basis is shutting down due to regulatory hurdles as it tried to get the stablecoin project up and running. Backed by Bain… Read More »

Europe’s Top Asset Manager Calls For Crypto Ban While U.S. Institutions Build

Advertisement According to a Reuters report, Allianz Global Investors (GI) CEO Andreas Utermann encouraged regulators to outlaw crypto. At a conference held in London, directed toward Andrew Bailey, the head of Britain’s Financial Conduct Authority. Utterman said: “You should outlaw it [crypto]. I am personally surprised that regulators haven’t stepped in harder.” Regulators Aren’t Outlawing Crypto Recently, the… Read More »

Cryptocurrency User Base Swells Despite Market Meltdown: Cambridge University Research

Over the past few weeks, cryptocurrencies prices are in the different mood of their own. As one believes the prices have reached the floor, the price breaks the support levels and sink deeper. While bears seem to be in command of the market, there is some positive fundamental news for the cryptocurrencies. According to the latest report put… Read More »

Crypto Users Double Amid Market Meltdown, a Sign of Recovery?

This year has undoubtedly been the worse one for cryptocurrencies in terms of prices but it is not all doom and gloom as adoption is growing as actual usage of cryptos is on the up. Double The Users in 2018 With a dump of around 87% since January, crypto markets are on the floor showing no signs of… Read More »

Stuttgart Stock Exchange to Launch Crypto Trading Platform in 2019

The Stuttgart stock exchange (Boerse Stuttgart) announced it will launch a crypto trading venue in the first half of 2019 through a partnership with solarisBank.  ‘Taking Trading in Cryptocurrencies to the Next Level’ In an announcement today, solarisBank revealed a key partnership that will bring a new product to the crypto market in 2019. Teaming up with the Boerse… Read More »