Cryptocurrency Exchanges Eye Russia for Expansion Despite Sanctions

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 U.S. officials. Also read: Crypto-Friendly Statesman Takes Over Swiss Presidency Major Platforms Increase Presence in the Russian World Ever since the annexation of Crimea, Russia’s reemergence as an aspiring military, political and economic power on…

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Chatter Report: Zhao Says Blocking Customers ‘Not up to Us’, Lee Introduces the Term ‘Bitcoin Extremist’

News In today’s chatter report, we delve into the Bitcoin Cash community’s responses to Cheapair.com re-enabling BCH payments for their travel services. Also, Changpeng Zhao explains Binance’s decision to block users. Finally, Crypto Twitter fires back at Charlie Lee’s new term ‘Bitcoin Extremist’.  Also read: Cheapair.com Considers Bitpay as Coinbase Terminates Merchant Processing Solutions Bitcoin Cash Re-enabled on Cheapair.com Bitcoin Cash was recently re-enabled as a form of payment on travel booking website Cheapair.com and the r/btc subreddit rejoiced. While BCH payments have been re-enabled, commentator u/today_in_reddit noted that the…

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Analysts Bullish On Crypto As Bitcoin Rallies Past $4,000

On Sunday, the crypto market saw its first notable bout of price action in 2019, which comes after a multi-day lull following Xmas. Per previous reports from NewsBTC, the Bitcoin (BTC) price popped over $4,000 for the first time since Christmas Eve, as buying pressure quickly pushed the asset higher in a seeming “flash flood.” Since the industry event, which quickly became the talk of the town on Twitter, the auspicious $4,000 level has held strong, giving analysts and personalities ample time to comment on this unexpected micro-rally. Bitcoin Pushes…

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The Daily: Epic Founder Addresses Fortnite Crypto Rumors, Robinhood Recruiting in London

In today’s edition of The Daily we cover reports that Robinhood is working under the radar to hire staff in London for an expansion into the U.K., an auction of seized cryptocurrency in Northern Ireland, and comments from the founder of Fortnite developer Epic Games about rumored cryptocurrency partnerships. Also Read: Mckinsey: Despite Billions of Dollars, Corporate Blockchains Have Achieved Little Epic Games Founder Addresses Fortnite Crypto Rumors Tim Sweeney, the founder of Fortnite developer Epic Games, has taken to social media to address the rumors that his company might…

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Bitcoin Grows Beyond $4,000

Bitcoin (BTC) is starting to make waves again, and while they are still small, investors around the world are welcoming the positive development. The number one cryptocurrency has just breached the $4,000 mark, and while this is still five times lower price than it was in early January 2018, it is over $800 higher than in early December 2018. At the time of writing, Bitcoin price is at $4,048.60, after the coin experienced a 5.53% growth in the last 24 hours. Meanwhile, its market cap sits just above $70.5 billion,…

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SpectroCoin Receives Crypto Licences in Estonia

Most companies recognize the fact that the crypto market is constantly implementing the latest technologies, creating new opportunities to enhance the quality of its products and services – this includes looking at daily problems from different angles in order to implement changes that will lead to improvements in our everyday lives. As a financial company, SpectroCoin works towards innovation and always looks for favorable conditions and new jurisdictions for both businesses and individuals. We are delighted and proud to announce that SpectroCoin now officially holds so called crypto licences for…

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The Daily: Kraken Swamped by US Subpoenas, AMD Partners Crypto Studio

In today’s edition of The Daily, we feature a couple of stories that show how the U.S. is potentially stifling the development of the local cryptocurrency industry by burdening companies with costly compliance. We also cover a partnership between a computer chip manufacturer and a crypto studio. Also Read: Banking Struggle Drives Bitcoin ATM Manufacturer Lamassu to Switzerland US Authorities Issue Majority of Subpoenas to Kraken The popular cryptocurrency exchange Kraken has released statistics about the volumes and global breakdown of its information requests from authorities during 2018. The data…

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Bitcoin Price Watch: BTC Breaks $4K, More Gains Possible

Bitcoin price finally broke the $4,000 barrier and traded towards $4,100 against the US Dollar. There was a break above a major bearish trend line with resistance at $3,830 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently consolidating gains and dips towards $4,000 and $3,920 remain supported. Bitcoin price gained bullish momentum and cleared $4,000 against the US Dollar. BTC could correct a few points, but it is likely to resume uptrend above $4,100. Bitcoin Price Analysis Recently, we discussed about a…

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Colorado Introduces Bill With Securities Law Exemptions for Cryptocurrencies

The U.S. state of Colorado has introduced the “Colorado Digital Token Act” which provides some “exemptions from the state securities laws for cryptocurrencies,” according to the text of the bill. Meanwhile, the state’s securities commissioner has already taken action against 20 initial coin offerings. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Colorado Digital Token Act Lawmakers in Colorado introduced the “Colorado Digital Token Act” on Friday which, among other proposals, exempts cryptocurrencies from certain securities laws. According to the filing: The bill provides limited exemptions…

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