Category: Crypto-News

Bitcoin-Friendly Cash App Tops PayPal in Google Play Store

Square’s Cash App has achieved a key milestone on the road to mainstreaming bitcoin usage by becoming the most popular app in the finance category on the U.S. Google Play Store ahead of PayPal. The app, which has spent much of the past year gaining tremendous amounts of ground within the millennial market segment is […]

Crypto Custody Startup Raises $8 Million from ConsenSys & Two Sigma Ventures

Venture firm Two Sigma and Ethereum development studio ConSensys have invested $8 million into digital asset custody solution provider Trustology, Business Insider reports. Both investors would be joining Trustology’s board of directors. London based Trustology, known for developing the TrustVault, a crypto management service that safeguards private keys by keeping them in “tamper proof, programmable […]

Over-the-Counter Trading as the Latest Battleground to Secure Institutional Investment

With the increasing trend for major financial institutions to invest in Bitcoin, United States crypto exchange and wallet provider Coinbase announced the launch of over-the-counter (OTC) trading for institutional customers on Nov. 27. OTC trading allows investors to carry out direct trades with each other. It means that the company’s institutional users won’t be trading […]

Bitcoin is a ‘Dead Man Walking’, Claims Creative Planning CIO

Bitcoin is a “dead man walking” whose price will eventually plunge to zero. That’s the dire prediction of Peter Mallouk, the president and chief investment officer of Creative Planning Inc., a Kansas investment firm that manages $32 billion in assets. The avowed bitcoin skeptic said BTC bulls are delusional saps who don’t realize that their […]

Bitcoin Price Eyes Support at $3,000 as BTC/USD Sets New Yearly Low

The bitcoin price on Friday plunged 6.5 percent against the US Dollar, breaking below the flagship cryptocurrency’s previous yearly low at $3,455. The bearish cycle took another turn after the Securities and Exchange Commission (SEC) halted its decision on the VanEck’s upcoming bitcoin ETF once again. The fundamental has been treated as one of the […]

As Expected, SEC Delays VanEck Bitcoin ETF Decision Until February 27

The Securities and Exchange Commission delayed making a decision on VanEck’s bitcoin ETF (exchange-traded fund) application until February 27, 2019. The postponement was largely expected, as 2018 draws to a close amid the ongoing crypto bear market. “The Commission finds it appropriate to designate a longer period within which to issue an order approving or […]

Crypto to Get Regulatory Certainty in South Africa in Payment System Review

Authorities in South Africa are seeking comments on proposed policy changes that could, among other things, offer cryptocurrencies regulatory certainty. Per the South African Reserve Bank (SARB) and the National Treasury, an overhaul of the national payment system (NPS), a set of infrastructures and arrangements which allow the transfer of funds between individuals and entities, […]