German banks may soon offer storage and trading facilities for Bitcoin

The economic innovation and technological advances brought about by Bitcoin and digital currencies have changed the way people from all over the world relate themselves to cryptocurrencies.
Due to the growing interest for Bitcoin from the retail sphere of the market, the financial actors started to prepare the ground for the next generation of crypto-related products and services.

Continue Reading

Turkey to become an epicenter of the crypto world

Since the crypto boom of 2017, the places we used to define as global hubs of the crypto world remained relatively static.
Switzerland, Malta and Gibraltar have acquired a reputation for being the friendliest countries in terms of crypto regulation. The United Kingdom and various regions of the United States are now recognized for providing reliable institutional infrastructures and facilities for blockchain projects.

Continue Reading

Huobi joins a blockchain alliance supported by the Chinese government

Huobi has become known as one of the largest crypto exchanges in the world, a real competitor – alongside Binance, Coinbase and Bitfinex – for the best trading platform out there.
Even recently, in an independent research, Huobi proved to be one of the main crypto exchanges holding a large Bitcoin supply which indicates the influence this platform holds on Bitcoin’s price evolution, and further on over the entire industry.

Continue Reading

Binance takes a leap of faith in India by acquiring WazirX

Binance seems to be spreading into new jurisdictions every day reaching towards its final goal of embarking people from all over the world onto the crypto boat.
And to bring people into Bitcoin and cryptocurrencies means to create easier fiat to crypto onramps that people can use to acquire digital assets with their cards.
Now, in opposition to other places of the world that have been more lenient when it comes to crypto, India has not been the most welcoming country for Bitcoin lovers.

Continue Reading

Binance allows Turkish customers to buy cryptocurrencies with fiat

The popular crypto exchange Binance signed a collaboration deal with Papara to support the Turkish lira deposits on its main website allowing customers from Turkey to buy Bitcoin and other digital currencies with fiat.
Thus, Turkish crypto enthusiasts will soon be able to exchange the Turkish lira for Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) via a new payment option offered by Turkey-based Papara digital wallet.

Continue Reading

Tether rejects the idea of a whale pushing Bitcoin’s price in December 2017

John Griffin and Amin Shams, two researchers that studied the phenomenal rise of Bitcoin’s price in December 2017, pointed out that a rich individual or group (a so-called whale) took advantage of Tether to pump Bitcoin’s price to the historical record of $20,000 in December 2017.
After multiple positions in the market from various analysts and media sources, Tether has stepped once again forward to respond to the allegations and reject such as incredible idea altogether.

Continue Reading

Alibaba joins Lolli platform to reward US users with Bitcoin

According to an official statement from Lolli, users of the service can now benefit from a 5% cashback in Bitcoin (BTC) when they shop at their new partner Alibaba.
This important collaboration was launched on November 11th as part of the Singles Day, an event imagined and created by Alibaba and considered the equivalent of the Chinese Black Friday. However, this offer is currently only available to US residents and not to Chinese citizens.

Continue Reading