Ukraine’s New Policy to Legalize Crypto, Considering Full Scale Adoption

In an official statement, the Ukranian government confirmed its plans to establish regulatory frameworks to legalize crypto in the region. As a part of an initiative to consider and acknowledge cryptocurrency as an emerging technology, the Economic Development and Trade Ministry in Ukraine released a new state policy to oversee various cryptocurrency-related sectors which will The post Ukraine’s New Policy to Legalize Crypto, Considering Full Scale Adoption appeared first on CCN

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JPMorgan: US Recession by 2020 Has 60% Chance, is Crypto an Alternative?

$362 billion banking giant JPMorgan Chase has predicted a 60 percent chance for the next US recession to occur by 2020. In a global market crash, can crypto be a viable alternative to existing stores of value? “The probability of a U.S. recession within one year is almost 28 percent, and rises to more than The post JPMorgan: US Recession by 2020 Has 60% Chance, is Crypto an Alternative? appeared first on CCN

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Crypto Market Stabilizes as Tether Recovers, Real Bitcoin Price at $6,450

The crypto market has stabilized after a wild 24-hour period triggered by the sudden increase in the price of Bitcoin. On cryptocurrency-only and Tether-integrated exchanges like OKEx, Huobi, and Bitfinex, the price of Bitcoin exceeded $7,700, as the value of Tether (USDT), which is supposed to be pegged to that of the US dollar on The post Crypto Market Stabilizes as Tether Recovers, Real Bitcoin Price at $6,450 appeared first on CCN

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What’s Causing 2% Bitcoin Premium on Bitfinex? Possibility of Arbitrage

On Bitfinex, a leading cryptocurrency exchange, Bitcoin is being traded with a 2 percent premium based on the current price of $6,285. As BitMEX Research revealed, the premium of Bitcoin on Bitfinex continued to increase throughout the past week, during a period in which Tether (USDT) started to demonstrate a decline in price. Currently, on The post What’s Causing 2% Bitcoin Premium on Bitfinex? Possibility of Arbitrage appeared first on CCN

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Tron, Augur Surge 5% Ahead of Major Upgrades, is $5,800 Imminent For Bitcoin?

While Bitcoin (BTC) remains bear biased, Tron (TRX) and Augur (REP) recorded solid 5 percent gains against both BTC and the US dollar. The volume of Bitcoin has failed to recover from the low $3 billion region, down more than 30 percent since late September. Subsequent to falling by around 4 percent from $6,600 to The post Tron, Augur Surge 5% Ahead of Major Upgrades, is $5,800 Imminent For Bitcoin? appeared first on CCN

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Crypto Market Steadies at $202 Billion. Low Bitcoin Volume Remains a Concern

Over the past 24 hours, the crypto market has consistently demonstrated stability in the $202 billion region, as Bitcoin and Ethereum remained above $6,400 and $220. Yesterday, on September 16, CCN reported that the volume of Bitcoin is a concern, as it recorded nearly 30 percent drop in volume in a period of three days. The post Crypto Market Steadies at $202 Billion. Low Bitcoin Volume Remains a Concern appeared first on CCN

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$6 Billion Daily Crypto Volume is Being Faked, How Can it be Combated?

Earlier this week, the Blockchain Transparency Institute (BTI) published a report claiming that the global crypto exchange market is faking $6 billion of its daily volume. The researchers at BTI evaluated the user activity and traffic of the market’s biggest crypto exchanges, comparing their projected trading volume to other metrics. Slippage, a method utilized by The post $6 Billion Daily Crypto Volume is Being Faked, How Can it be Combated? appeared first on CCN

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Litecoin Payments are Quietly Starting to Catch On

One of the main critiques about Bitcoin is the digital currency’s troubles offering timely and cost-effective payments. Charlie Lee, the founder of Litecoin, foresaw Bitcoin’s future payment issues, and took action by designing a more payments-friendly blockchain.  After earning the nickname, ‘SatoshiLite’, Mr. Lee earned a job at Coinbase, the large San Francisco-based crypto-exchange. Mr. The post Litecoin Payments are Quietly Starting to Catch On appeared first on CCN

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