October 2019 | Last Cryptocurrency News Feed

Bitcoin Prices Slides 2% After Deribit, Coinbase Flash Crash

news Another flash crash has occurred for bitcoin (BTC), this time appearing on the Coinbase Pro and Deribit exchanges. At 19:55 UTC on Oct. 31, BTC’s spot price dipped from $9,260 to $9,055 in quick succession on Coinbase’s exchange for professional traders. An hour later, Deribit, a futures and options exchange for BTC, saw futures…

Cointelegraph Feed

SBI’s Crypto-Focused Venture Capital Arm Sees Major Turnaround On Year

SBI Securities’ trading revenue surged 19.2% in 2019, largely due to the inclusion of the company’s crypto investment wing, which turned a $7.1 million loss into a $30 million profit over the year.Japanese financial services giant SBI Holdings released its new financial report on Oct. 30. The report analyzed results for the six-month period ended…

CoinDesk Feed

Bitcoin Price Slides 2% After Deribit, Coinbase Flash Crash

news Another flash crash has occurred for bitcoin (BTC), this time appearing on the Coinbase Pro and Deribit exchanges. At 19:55 UTC on Oct. 31, BTC’s spot price dipped from $9,260 to $9,055 in quick succession on Coinbase’s exchange for professional traders. An hour later, Deribit, a futures and options exchange for BTC, saw futures…

Cointelegraph Feed

Security Token Platform Receives Transfer Agent License From SEC

Harbor, the digital platform for alternative assets, has received a transfer agent license from the United States Securities and Exchange Commission (SEC).On Oct. 31, Harbor CEO Joshua Stein told the Block that his blockchain-enabled platform is “now the first blockchain company to receive both a transfer agent license and a broker-dealer license.”Transfer agent license will…

Bitcoin Magazine Feed

Mt. Gox Rehabilitation Plan Deadline Extended Again

Victims of the Mt. Gox hack will have to keep on waiting for the next step in their long journey toward reimbursement. Nobuaki Kobayashi, trustee for the defunct cryptocurrency exchange, announced that the deadline to form a concrete plan to compensate defrauded customers has been extended to March 31, 2020. The Tokyo District Court has…

CoinDesk Feed

Bitcoin Needs ‘Real Use Cases’ to Become Digital Gold, Says ICE Chief

news Bitcoin might become “digital gold,” but first it needs to be used more in everyday business, Intercontinental Exchange’s chief executive said. During a quarterly earnings call Thursday, ICE head Jeffrey Sprecher said that he sees use in transactions as the prerequisite to bitcoin becoming a long-term store of value. The company’s Bakkt subsidiary, which runs…

Cointelegraph Feed

Market Mostly Trades Sideways as Bitcoin Price Hovers Around $9,100

Thursday Oct. 31 — Cryptocurrency markets are largely trading sideways with most changes among the top-20 coins not exceeding 1% on the day.Cryptocurrency market daily overview. Source: Coin360Bitcoin (BTC) has been trading sideways for the better part of the day and continues to circle around the $9,100 price mark. The coin bounced off a local low…

Cointelegraph Feed

Binance Rumored to Be Planning New Office in Beijing in First Presence in China Since 2017

Major crypto exchange Binance may be returning to China, with a planned office to open in Beijing, sources say.Binance in exileBinance, which left China in September 2017 in response to the country’s ban on crypto trading, is looking to open a new office in Beijing to accompany one operating in Shanghai, two unnamed sources told…

CoinDesk Feed

Binance to Open Beijing Office Amid China’s Renewed Blockchain Push

feature Malta-based cryptocurrency exchange Binance is opening an office in Beijing, two sources with knowledge of the matter told CoinDesk. The new outpost will join Binance’s current mainland China office in Shanghai. It’s not clear what exactly the office will do or when it will open, but the move follows a slew of announcements from Chinese…

Cointelegraph Feed

Italians Prefer BTC to Visa or Mastercard When Shopping Online

According to new data from marketing analysis firm SEMRush, Bitcoin (BTC) is the third-most preferred online payment method in Italy.Bitcoin comes in third placeOn Oct. 31, the Italian news outlet La Stampa reported that the Boston-based marketing analysis company, it was stated that in the list of the most used methods of online payment systems…