Crypto adoption rises despite setback from scams and rug-pulls | Weekly recap

Private firms such as Visa, Mastercard and Google continue to show interest in the crypto scene despite a proliferation of scam schemes observed this week

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Here’s Why Solana’s Future Is Still Bright Despite SOL Price Nuking 97% Below ATH: Vitalik Buterin

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Thai SEC approves four crypto firms despite Zipmex woes

Thailand’s regulators are still approving crypto companies despite one of its largest ones suspending withdrawals.

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Bitcoin’s price movements after El Salvador and MicroStrategy purchase

Bitcoin BTC/USD is the largest cryptocurrency in terms of market capitalization, and it has maintained its level of dominance in the crypto space despite the bearish crypto market. Despite its recent bearish outlook, a lot of investors and even entire countries are buying cryptocurrency.

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Despite Bitcoin ETF Application Withdrawals, Wall Street Shows Interest in OTC Desks for Crypto

This week, after months of delays and modifications, Bitcoin exchange-traded fund (ETF) application that VanEck, CBOE, and SolidX put together was pulled. Bakkt even put off their launch of a crypto futures vehicle.

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Dormant Wallet Filled with Old Bitcoins Comes to Life Slumping Crypto Prices

Despite a plenty of speculation among the cryptocurrency community members, it is still unknown who is the owner of the mysterious bitcoin wallet. The post Dormant Wallet Filled with Old Bitcoins Comes to Life Slumping Crypto Prices appeared first on CoinSpeaker.

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Crypto Hedge Fund BlockTower Expanding despite Market Blues

BlockTower, a crypto-oriented hedge fund founded by a Goldman Sachs alumnus, is expanding its business despite the bearish trend in the crypto market.

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Robinhood Is Making a Fortune from Its Millenial Mob of Crypto Traders

Robinhood has been making waves since it launched its zero-fee crypto trading platform in 2013. The adoption of different altcoins, regulatory approval in a handful of American states, and a fast-growing user base have all pointed to a potential unicorn in the space.

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Wall Street And Crypto: A Brief Overview

Despite The Market Correction, Institutions Are Interested Despite 2018’s market tumble, Wall Street institutions are still showing interest in offering crypto-related products, services, and solutions that are aimed at retail and corporate clients alike.

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Committed Crypto Enthusiast Embarks On “21-Day Bitcoin Challenge”

Despite China’s crypto crackdown, a Chinese cryptocurrency enthusiast recently embarked on a twenty-one-day journey to survive solely on a small stash of Bitcoin, no more, no less. 21 Days, 0.

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Tron (TRX) and Ripple (XRP) Communities are Growing Despite Price Woes as Tip Bot Activity Shows Crypto Adoption

Tron and Ripple Communities Rise Up to Support Adoption of Respective Tokens Through Social Media When it comes to having supportive and active communities, Tron and Ripple are at the top of their game.

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Dogecoin Price: Momentum Flattens out Despite Elon Musk Talking to Jackson Palmer

Kicking off a new week in the world of crypto trading can often have interesting consequences. In the case of Dogecoin’s price, it appears the market is trading sideways, at least for the time being.

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Growing Number of Indian Crypto Exchanges Say Fiat Support Is Back Despite RBI Ban

A growing number of crypto exchanges in India have announced the return of fiat deposit and withdrawal support despite the crypto banking ban imposed by the country’s central bank. Several other exchanges in the country also allow their users to use Indian rupees to buy and cash out cryptocurrencies through their exchange-escrow peer-to-peer (P2P) services.

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Crypto Derivatives: Full Market At Least A Year Away, Says Strajnar

News that Wall Street investment bank Morgan Stanley was planning to offer Bitcoin swap trading for its clients helped resuscitate the market last week. Crypto’s total value rallied back above the $200bn boundary by early on Thursday afternoon; it had sunk to below $190bn the day before.

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Uber Co-Founder Launches Institutional Crypto Trading Platform

Despite a multi-month bear market, institutional investor interest in digital assets continues to take rise. To meet increasing demand, crypto-asset broker Voyager is launching a new, institutional division.

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‘Crypto Is Not Dead,’ Says Allianz Chief Economic Adviser

Despite the fact that the cryptocurrency market has lost over $600 billion of its capitalization since January, the Chief Economic Adviser of Allianz maintains that it’s not even close to being dead.

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“Crypto Is Not Dead” Says Allianz Chief Economic Adviser

Despite the fact that the cryptocurrency market has lost over $600 billion of its capitalization since January, the Chief Economic Adviser of Allianz maintains that it’s not even close to being dead.

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A Top-20 Crypto Exchange Is Replacing Tether With a Rival Stablecoin

Tether, despite questions surrounding its finances, remains the dominant stablecoin. Following a recent announcement, is that starting to change?

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Why Is Bitcoin Better Than Traditional Investments?

Despite the broad-based pessimism among cryptocurrency speculators, there are facts that speak by themselves – the numbers. Do you know that even in the environment of the crypto bubble bursting in December 2017, those who bought crypto a year ago are still in profit.

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Bitcoin Shown In Popular British Soap

In recent years, Bitcoin has been referenced in pop culture, including songs from the rap giant Eminem and one of his latest songs, Not Alike, multiple TV shows and many more. Now the crypto has become the focal plot point for a British soap which is watched by million around the United Kingdom.

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‘Crypto Market Will Absolutely Grow 1000x and More,’ Says Binance CEO

Despite some pessimistic moods in the crypto community, Changpeng Zhao, the CEO of Binance, believes that crypto still has room for 1000x growth in the upcoming years. The post ‘Crypto Market Will Absolutely Grow 1000x and More,’ Says Binance CEO appeared first on CoinSpeaker.

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Survey: 60% of Crypto Investors Don’t mind getting paid in Bitcoin Despite Recent Bearish Trend

There is an acrimony between some members of staff of organizations on the need to settle salaries with cryptocurrency. This could be confirmed from a recent survey that was carried out by Chronobank, a HR startup that was among the early adopters of cryptocurrency.

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Abra Wallet Opens Despite BCH Dispute

On Wednesday 12th September, one of the only cryptocurrency wallet applications that supports 28 applications revealed that it is in cooperation with Bitcoin Cash. Bitcoin Cash can now be deposited, withdrawn and even stored from the Abra wallet.

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Stellar Exceeds Ripple In The Past Week

Stellar’s native token XLM is one of the few that has been able to keep on its toes and make sure it stays in the green over the past week. Being able to gain over 6. 40% within the last 24 hours has put XLM at 1.

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Mt. Gox Victims Must Go To Tokyo, Not US

The Mt. Gox exchange hacks still lurk in the air despite its implosion four years ago in 2014. The United States District Court for the Eastern District of Pennsylvania determined recently it doesn’t have jurisdiction in a case that involves Gox victims and a closely associated bank, in effect condemning the victims to redress their problems at the scene of the crime which is in Tokyo, not the US.

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Bitcoin (BTC): Fear Of A Global Currency Crisis Has Seen Accumulation On Rise Despite Recent Correction

It does seem like investors have been losing interest in Bitcoin (BTC). The search volume for Bitcoin (BTC) and cryptocurrencies have been on a constant decline since the beginning of the correction.

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Despite Slump, ICOs ‘Hodling’ $720M Worth Of Ethereum

Have initial coin offerings (ICOs) cashed out their Ethereum tokens (CRYPTO: ETH) in order to realize gains from last December and avoid this year’s bear market? You might think so but guess again.

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Crypto Billionaire Di Iorio Seeks New Start for Jaxx as All-in-One Wallet

Despite some concerns about security, the new Jaxx Liberty mobile wallet could become an all-purpose crypto app.

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Stablecoins Not The Solution For Bitcoins Issues

The launch of stablecoins is viewed as a palliative measure to decrease the impact of the recent crisis with Bitcoin, some have even described it as ETFs replacement for a short time. However, Barry Eichengreen, a professor of Economics UC Berkeley has said that stablecoins are not the way to fix the problem.

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Despite Market Slump, Major US Crypto Exchange Bittrex Aggressively Expands Globally

Even in this most recent market rut, Bittrex, a well-established Seattle-based cryptocurrency exchange, is dead set on bolstering its sphere of influence over the cryptocurrency and blockchain industries.

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Did Traders Throw Caution to the Wind in China Amid Crypto Ban?

Enthusiastic traders are mocking the crypto ban in China. Despite the authorities launching several attacks on the cryptocurrency sector, digital currencies still survive in the country. A South China Morning Post report suggests that trade is not just active in the country but also thriving right beneath the rule of law.

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Chinese Crypto Investors Circumventing Increased Government Regulations

Despite increasing state regulations surrounding the year-long cryptocurrency ban in China, investors are still finding ways to get involved with the market. On August 23rd, the Shanghai Securities Times reported that Chinese authorities are increasing their regulation by preventing investors’ access to 124 non-native exchanges.

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The Great Crypto Debate: Is PoW, PoS, Or PoT The Best Blockchain Mining Consensus?

The Great Crypto Debate: PoW, PoS, and PoT The blockchain industry continues to grow, despite significantly declining prices in most major cryptocurrencies. According to most experts, this is to be expected.

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Stellar Buys Out Chain For Interstellar Project

It has been recently announced on Monday that the Stellar Development Foundation has purchased the Blockchain startup, Chain in cash. This has resulted in a whole new formation called Interstellar.

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Dogecoin On A 9.9% Increase, Miracle In Penny Stocks?

Despite its nature, Dogecoin is maintaining its progress on a bull run even when the market tries to find the strength to get a leg up. The recent boost by the coin is suggestive from the steady upward surge it has been going through within the past month.

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Despite Recent Crashes In Crypto Prices, 72% of Crypto Buyers Still Plan to Get More

The cryptocurrency markets have lost hundreds of billions of dollars since experiencing all time highs in early 2018.  With Bitcoin dropping from nearly $20,000 to its current price hovering around $6000 and many altcoins down about 90%, it’s fairly easy to say that many crypto holders are hurting right now.

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Charlie Lee of Litecoin (LTC) Criticizes Ethereum Blockchain’s Immutability

Blockchain and crypto coins are on the rise despite the ongoing bearish market. One of the popular figures within the crypto arena, Charlie Lee, who is Litecoin founder, recently commented on the fundamental value of cryptocurrencies.

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Ripple’s Drop To Bring In New Buyers?

Despite the Ripple coin dropping to 27 cents today it has also reached a high of 29 cents and it’s currency direction is a positive one. It could be that the low price is attracting is bringing in new traders to invest in Ripple despite their legal issues.

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Chinese Traders are Still Investing in Bitcoin by Exploiting Crypto Ban

Although the Chinese government has hailed their crypto ban as successful, it appears that traders have found multiple ways to circumvent the ban despite tightening scrutiny on crypto by state regulators.

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Crypto Market Plunges $55 Billion, Number of Australians Holding Crypto Triples since January

The number of Australians holding cryptocurrency has nearly tripled since January 2018, despite the market suffering from heavy crashes and dipping almost $55 billion at the beginning of September, news.

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Indian crypto exchange WazirX shows strong results despite RBI bank ban

WazirX, an Indian cryptocurrency exchange today marked its half-year milestone since launch. In the 6 months since starting up, WazirX details that trading volumes have increased every day. The team said, that “even in.

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Investors Defy Crypto Market Correction to Remain Optimistic

According to a September 6, 2018 report in Business Wire, investors are still generally keen on investing in cryptoassets over the coming year despite the general crypto market downturn. This is one of a number of insights presented in the Mid-Year Cryptocurrency and Blockchain survey by SharesPost.

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Bitcoin Price Will Bounce Back Despite Recent Slump, Trader Says

Bitcoin has declined over 15 percent in the last two days. Nevertheless, cryptocurrency trader Brian Stutland of CME holds that it’s going to surge back up to $7,250 in the short-term. “We Don’t Need Them” Speaking to CNBC’s Futures Now, Brian Stutland shared his position on the current state of Bitcoin (BTC) .

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Coinbase Is Considering a Cryptocurrency ETF

Despite the Securities and Exchange Commission (SEC) rejecting and delaying applications of several promising ETF proposals, Coinbase has its eyes set on launching an exchange-traded fund (ETF). The largest crypto exchange in the US is talking to BlackRock executives to get help with the product, as reported by Business Insider.

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Netcoins Adds EOS and BCH, Expands Global Network to 21,000 Virtual Crypto ATMs

Despite the gyrating prices of cryptocurrencies, their mass adoption continues to gain traction. In fact, experts say that it’s only a matter of time before they become mainstream, as concluded by various studies.

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Blockchain Firm Aranium Aims to Disrupt Private Equity Investing

Blockchain and cryptocurrencies are considered game-changers in the finance world despite Wall Street’s caution. And when it comes to private equity (PE), an early innovator could enjoy first-mover advantage.

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[FAKE News Update] Goldman Sachs is STILL Working on Crypto Products, Despite Earlier Reports This Week

Goldman Sachs is Still Working on Crypto Products, Despite “Fake News” from Earlier This Week Yesterday, it was reported that Goldman Sachs was shutting down its crypto platform after a disappointing start to the year for crypto markets.

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72% of Consumers Plan to Buy More Cryptocurrency, New Survey Finds

Despite the flurry of bad news hitting cryptocurrencies, the latest SharePost’s survey reveals that consumers and investors remain optimistic. Indeed, they are considering more digital currency purchases within the next 12 months.

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November Will Be The Turning Point For Bitcoin According To Experts

As we all know, Bitcoin is the most advanced and successful cryptocurrency of all time. In 2017 it was estimated that between 2. 9 and 5. 8 million individual users were using a cryptocurrency wallet and most of them were using Bitcoin.

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