Business

Bitcoin Starts Strongest Quarter Q2 With Price Down Just 10% YTD

[ad_1] Bitcoin (BTC) has in total suffered just 10% from the coronavirus outbreak which obliterated stocks and caused the United States to print $6 trillion.That was according to the latest quarterly price data from monitoring resource Skew.com on March 31, which showed that for Q1 2020, BTC/USD is only down by around 10.7%. Bitcoin streets ahead of macro assets in 2020At press time, the pair remained higher after seeking new support
Business

Civic Wallet Now Offers $1M ‘FDIC-Like Insurance’ for Crypto

[ad_1] Civic Wallet is a multi-signature non-custodial wallet that now comes with a $1,000,000 guarantee from Coincover.Civic Technologies (CVC) has been known in the crypto space as one of the leading providers of decentralized identity and is now purportedly the first company to offer a non-custodial wallet with $1,000,000 protection. The wallet is currently in private beta.Speaking to Cointelegraph, Civic co-founder and CEO, Vinny Lingham compared its key feature to
Business

Coinbase Reports Record Bitcoin Buying Amid March 12 Crash

[ad_1] Leading United States-based cryptocurrency exchange Coinbase has published a report providing detailed insights into how its users responded to the violent crypto market crash suffered on March 12.While many in mainstream markets were panicking as President Trump’s travel ban sent shockwaves across the global economy, crypto traders on Coinbase were mobilizing funds to buy the dip, according to a report published March 31.Retail traders on Coinbase rally to buy
EXCHANGES

Crypto Gazette Brings Exciting News to Crypto Enthusiasts: Ledger Nano X Giveawa

[ad_1] Bitcoin Press Release:Crypto Gazette is having a significant giveaway at the end of April. The crypto-oriented online publication will gift ten Ledger Nano X devices to the luckiest of its readers at the end of the month. 30th March 2020, London, United Kingdom – An economic crisis can strike anytime, and the latest black swan event that we’ve entered is the best proof. Such an unpredictable and unforeseen event,
BLOCKCHAIN

Binance to Launch Crypto Exchange Supporting KRW-Backed Stablecoin

[ad_1] Crypto exchange Binance is preparing to enter the Korean market for the first time.According to a company blog post on March 31, the Malta-based exchange will soon open Binance KR for trading. The crypto-to-crypto exchange is so named for South Korean traders. Binance KR will be launched on Binance Cloud and offer the “market’s deepest spot trading liquidity, most robust matching engine, and most advanced state-of-the-art security, custody, and risk
Business

Bitcoin & Stocks Rise as US Economy Grinds to a Halt — Furloughs Soar

[ad_1] Monday proved to be a surprisingly fruitful day for Bitcoin (BTC) price as the digital asset rallied 12.73% to $6,599 before pulling back to $6,380 a few hours later. Despite gloomy news of the U.S. reaching 3,000 deaths from the Coronavirus and major retailers furloughing 500,000 workers, traditional markets also surged on Monday. The S&P 500 rallied 3.35% while the Dow and Nasdaq gained 3.19% and 3.62% respectively.  Crypto market daily
Business

Tokyo District Court Extends Mt. Gox Rehabilitation Plan Deadline

[ad_1] The trustee of now-defunct Japanese cryptocurrency exchange Mt. Gox has extended the deadline for the submission of rehabilitation plans. According to an official announcement published on the company’s website on March 30, Mt. Gox Rehabilitation Trustee Nobuaki Kobayashi filed a motion with the Tokyo District Court to extend the submission deadline of a rehabilitation plan. On March 27, the court released an order to extend the deadline to July 1,
EXCHANGES

23 Approved Cryptocurrency Exchanges in Japan — Number Rises Amid Pandemic

[ad_1] Despite the global coronavirus pandemic, Japan continues to approve more cryptocurrency exchanges to legally operate in the country. The latest one was approved on Monday, bringing the total number of legal crypto exchanges in Japan to 23. Also read: 2x Bitcoin — Wanna Double Your BTC to the Moon? Forget About It First Approved Crypto Exchange This Year Japan’s top financial regulator, the Financial Services Agency (FSA), registered another
Business

Kleiman Estate Calls on Former nChain CEO for Deposition in Craig Wright Case

[ad_1] After a court slammed Craig Wright for producing forged documents and giving perjured testimony in the ongoing legal circus between Wright and Ira Kleiman’s estate concerning the Tulip Trust, Kleiman’s legal team is hard at work finding a key witness. Wright’s legal team are trying to subpoena former nChain CEO Jimmy Nguyen to provide a deposition. However, it seems like they are having a difficult time tracking him down. Wright’s
EXCHANGES

Stablecoin Market Caps Swell Over $7 Billion – Volumes Surpass Most Trading Pairs

[ad_1] While most digital assets have been suffering, stablecoins have been surging since the market downturn in mid-March and tether (USDT) is capturing more than 70% of BTC trades today. Besides tether, a wide range of other dollar-pegged cryptocurrencies have also benefited this month, as the market valuation of eight different stablecoins combined is well over $7 billion. Also read: Bitcoin Mining Roundup: BTC Regains 100 Exahash, Miners Close Shop,