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On July 25, 2018, London-based Skrill announced its support of four major cryptocurrencies on its popular wallet application. Skrill’s Cryptocurrency Push As per a report on Finance Magnates, Skrill added Bitcoin, Bitcoin Cash, Litecoin, and Ethereum currency options for its customer base of over 25 million spread worldwide. Customers can now buy and sell the cryptocurrencies […]

An in-depth analysis of the fintech sector by the European Parliament Committee on Economic and Monetary Affairs revealed a highly nuanced EU Parliament position on cryptocurrencies, with the committee stating the possibility for crypto to function as an alternative to fiat currency in a variety of different applications. The July 2018 report, entitled “Competition Issues in […]

The regulatory body overseeing Japan’s digital currency and trading market introduced a rule that could potentially affect thousands of traders in the cryptocurrency-crazy nation. Regulating Crypto, One Step a Time As reported by Nikkei Asia Review on July 25, 2015, the Japan Virtual Currency Exchange Association (JVCEA)  announced a widespread crackdown on the country’s margin […]

The SEC has announced the rejection of the Winklevoss twins application for a Bitcoin ETF, marking the second time a crypto exchange-traded fund application by the Gemini exchange founders has been denied. The rule change request filing, submitted by  BATS Global Market’s BZX stock exchange, was denied in a 3-1 vote on Thursday, with the […]

IOTA and Audi Denkwerkstatt — the German car manufacturer’s think tank — have teamed up to explore the Tangle for building a permissionless mobility ecosystem, together embarking on a one-week Google Design Sprint in Berlin. #IOTA Foundation: Audi Think Tank & IOTA Foundation explore Tangle-based mobility use caseshttps://t.co/Q4dJXTEA9P#IOTA #Mobility #miota — IOTA News (@iotatokennews) July […]

Institutional solutions to cryptocurrency investing are on the rise. On July 24, 2018, Bitwise filed an application for a  cryptocurrency-based exchange-traded fund (ETF) with regulatory authorities in the U.S. Bitwise HOLD 10 Cryptocurrency Index Fund Bitwise filed an application for a top-10 cryptocurrency ETF with the U.S. Securities and Exchange Commission (SEC), according to a […]

U.K.-based cross-border payments processor TransferTo signed a partnership with the Stellar foundation, the entity behind Stellar Lumens (XLM), on July 25, 2018, to enable faster mobile payments in emerging markets. Augmenting Blockchain Networks in Developing Markets As per details of a press release, TransferTo has over 200 operational partners in 70 cities making use of […]

Despite supporting thousands of cryptocurrencies on its open-source platform, institutional investors are seemingly bearish on the broader use case of Ethereum, the world ’s second-largest digital currency by market cap. The Big Ether Short According to Forbes, cryptocurrency hedge funds and family offices believe Ethereum (ETH) will plummet further in 2018, despite the platform token […]

Roger Ver’s campaign to promote Bitcoin Cash (BCH) adoption has sparked debate in the cryptocurrency community after the release of an email exchange between crypto trading platform Bity and Bitcoin.com. Details published by Bity via Reddit on July 25, 2018, reveal a new tactic from the Bitcoin.com team to promote the adoption and usage of […]

Emerging from a multi-month downtrend, the cryptocurrency market is starting to rebound from its yearly lows. Showing optimism for the industry, Reddit Co-founder Alexis Ohanian upheld his end-of-year $20K Bitcoin and $1.5K Ethereum price predictions for 2018. ‘BTC $20K, ETH $1.5K by End of 2018’ Co-Founder of Reddit and Initialized Capital, Ohanian confirmed his 2018 […]