Posted Date: March 9, 2019
During the week of March 2, roughly 14,365 BTC changed hands via peer-to-peer (P2P) exchange Localbitcoins, equating to approximately $51.51 million worth of trade. Of that, 3,593 was BTC traded via the Russian markets, 83 percent more volume than was produced by Localbitcoins’ second-largest market, Venezuela. Also Read: Turkish Real Estate Agency Sells 9 Houses […] The post P2P Markets: Russian Localbitcoins Trade Outpaces Venezuela appeared first on Bitcoin News.

Posted Date: March 9, 2019
Cryptocurrency markets have been looking more optimistic but many digital assets are still struggling to surpass upper resistance in order to move forward. On Friday, March 8, trade volumes have increased, showing a quick spurt of renewed energy but market indicators suggest there a few more hurdles ahead. Also read: An In-Depth Look at Ethereum’s […] The post Markets Update: Cryptocurrencies Struggle to Surpass Upper Resistance appeared first on Bitcoin News.

Posted Date: March 8, 2019
A consortium of blockchain companies including Bittrex International, Brave, Cred, and Bitgo is launching a new stablecoin. Universal Protocol Alliance’s Universal Dollar (UPUSD) is a dollar-pegged token whose holders will earn interest, just like a regular savings account. The consortium has announced ambitious plans to launch UPUSD in Africa and Latin America first, to attract […] The post Universal Protocol Alliance Launches Interest-Paying Stablecoin UPUSD appeared first on Bitcoin News.

Posted Date: March 8, 2019
In Friday’s roundup of news from across the cryptosphere, we look at the rise of U.S. presidential candidate Andrew Yang and his acceptance of cryptocurrency donations. We also detail a new partnership between Kleros and Ethfinex that will see the Ethereum-based exchange utilize crowdsourced jurors to govern token listings. Finally, we round up news from […] The post In the Daily: Pro-Crypto Presidential Candidate, Kleros and Ethfinex Partner, Hardware Wallet Updates appeared first on Bitcoin News.

Posted Date: March 8, 2019
According to regional reports, members of Bitmain Technologies and other connected subsidiaries like Copernicus are starting an offshoot company called Matrix. It is not officially known yet just what Matrix will do but some sources allege that the new spinoff will offer cryptocurrency lending services, an over-the-counter (OTC) desk, and custody solutions. Also read: Survey […] The post Former Bitmain Employees May Find Refuge in a Spinoff Startup Called Matrix appeared first on Bitcoin News.

Posted Date: March 8, 2019
Social investment and trading platform Etoro has announced the launch of its platform and cryptocurrency wallet in 30 U.S. states and two territories. In America, users will have access to invest in BTC and 12 other cryptocurrencies at launch, with more to be added throughout the year. The Etoro wallet will initially support bitcoin core, […] The post Social Investment Platform Etoro Launches in 30 US States appeared first on Bitcoin News.

Posted Date: March 8, 2019
It’s been a long crypto winter, but according to a recent survey, consumers and investors are still positive about the long term value of leading cryptocurrencies. Researchers from the FINRA-registered broker Sharespost emphasize that people have recently become more optimistic about digital assets and plan to increase their holdings. Also read: An In-Depth Look at […] The post Survey Shows Consumers and Investors Remain Bullish on the Future of Cryptos appeared first on Bitcoin News.

Posted Date: March 8, 2019
The U.K.’s Financial Conduct Authority (FCA) published two reports on consumer attitudes and awareness to crypto assets in the country. The research includes qualitative interviews and a national survey of 2,132 British consumers. Also Read: In the Daily: Tokenized ETFs, Chainalysis, Binance Labs in Argentina 3% of Brits Report Buying Crypto Assets The number of […] The post UK Regulator: 3% of Consumers Surveyed Have Bought Cryptocurrency appeared first on Bitcoin News.

Posted Date: March 7, 2019
On March 5, a new hardware wallet was unveiled by U.S. tech startup Vaulttel that fits inside a mobile phone’s SIM tray. According to the manufacturer, the Intellichip SIM card uses state of the art encryption while also providing biometric authentication. Also read: 4 of Tokyo’s Hottest Nightclubs to Accept Bitcoin Cash The Vaulttel Intellichip […] The post This New Hardware Wallet Fits Into a Smartphone SIM Tray appeared first on Bitcoin News.

Posted Date: March 7, 2019
The Canada Revenue Agency (CRA) has sent an extremely detailed questionnaire to citizens it believes to be in possession of cryptocurrency. Those suspected of failing to disclose the full extent of their holdings have been asked whether they use a cryptocurrency mixing service, and if so, why. They’ve also been asked to provide the full […] The post Canada Tax Agency Poses Probing Questions to Cryptocurrency Owners appeared first on Bitcoin News.