Binance: Bitcoin Dominance to Reach 80% in 2020
Binance Research, the research arm of global crypto exchange Binance, has collated a series of predictions that Bitcoin market dominance will reach a figure of around 80% by the year 2020. In this Q2 survey, it said that more than half of all the VIP and institutional clients it surveyed believed that Bitcoin dominance would […]
Bitcoin Flash Crash Cripples Coinbase as Exchanges Strain Under Pressure
A widespread flash crash of Bitcoin price that took place yesterday — reported earlier in our BitcoinNews.com daily market sentiment analysis — had apparently had an effect on traders across several major crypto exchanges, including Coinbase, Binance, Bitfinex and Deribit. The sudden dip in price led to these traders unable to access their accounts, although […]
South Korea to Copy Global Models in Fintech Adoption
The government of South Korea has committed to revising current laws that would allow for more flexibility in fintech startups in the country to create new business models. This was a statement made by the Financial Services Commission (FSC), as reported by local English daily Korea Times. Should this change come into effect, local firms […]
Bitcoin Seeks Support After Falling from $13,800
For the first time in almost a full week, Bitcoin price could not maintain a full day of upwards motion, first recording a consecutive daily high for 2019 at USD 13,389, before shedding USD 1,200 almost immediately after just hours before midnight UTC (CoinDesk). According to some analysts, this is only Bitcoin’s first major pullback […]
Swiss Crypto Industry Demands Banking Services
Switzerland’s crypto industry has evolved into prominence, thanks to crypto-friendly regulations. However, financial institutions in Switzerland remain unwilling to fund crypto-based businesses. The Swiss crypto industry is now insisting that financial institutions provide banking services to crypto-based firms. As reported by Swissinfo, the blockchain industry in Switzerland, which consists of approximately 750 startups, fails to get […]
Koinex, India’s Largest Crypto Exchange, Shuts Down
Earlier today, India’s largest digital asset exchange, Koinex dropped a bombshell on the crypto enthusiasts in India by announcing its closure. After a long period of regulatory uncertainty with a draft bill proposed to impose severe punishments for any kind of crypto dealings, the wings of another avenue for speculation of the crypto space has […]
Top Countries Where You Can Accumulate Bitcoin Tax Free
Taxation is a highly unpopular subject among cryptocurrency investors and traders alike. This is because quite often their governments fail to understand what cryptocurrencies really are and end up taxing it like a seemingly similar asset such as stocks. Why do cryptocurrency investors hate being taxed in the first place? Well, no investor loves being […]
Opera’s Crypto Wallet Now Available on iOS Devices
Opera’s web browser designers have incorporated Web 3 functions into iOS devices and the Crypto Wallet is now available for download from the app store. The browser, known as Opera Touch, provides seamless access to Ethereum decentralized apps (Dapps) without the need of any browser extensions. This kind of support to the Ethereum Web3 API will provide […]
BitcoinNews.com BNB Market Analysis 26th June 2019
Buyers of the BNB coin still got their own way and broke the blue trend line for the third time. The price stopped before the price zone of $38-42.7. We wrote about this price zone in previous analyzes and it worked perfectly. At the moment, a good support for buyers is the middle line of […]
