‘Grand finale of altcoin reckoning’ soon, warns crypto trader
A big final flush out for altcoins could be imminent if historical market cycle patterns repeat.
Related Posts
Brazil's Supreme Court threatens to suspend X by Aug. 29
The proposed suspension of services came amid an ongoing feud between Elon Musk and Judge Alexandre de Moraes.
Over 63,000 BTC were sent to exchanges in last 72 hours — CryptoQuant
The recent 50 basis-point interest rate cut by the US Federal Reserve has had a mixed impact on crypto markets.
New Partnership Aims to Link Blockchain Communities From Africa and Asia
Quras, a smart contract platform that enables anonymous, private-protected transactions, has partnered with non-profit association Blockchain Nigeria User Group (BNUG).According to a Feb. 5 press release from Quras, the new partnership will enable Quras to expand its community and developer base beyond Asia and to the continent of Africa ahead of its mainnet launch in…
Crypto News From Brazil: Sept. 9–15 in Review
Brazil has seen another tumultuous week in the cryptocurrency industry. Several courts are going after crypto companies accused of being pyramid schemes, the country’s Securities and Exchange Commission (CVM) stated that crypto exchanges need authorization from local authorities, while a former Brazilan soccer star has become an ambassador for a newly launched cryptocurrency. Here is the…
Huobi Resumes Trading in Japan as FSA-Licensed Exchange
Cryptocurrency exchange Huobi — currently the world’s 7th largest by daily traded volume — has relaunched as a fully licensed platform in Japan after merging with BitTrade. The news was announced in a press release published Jan. 17.As reported, Huobi Global's wholly owned subsidiary, Huobi Japan Holding Ltd, acquired a majority stake in BitTrade last September.…
Troubled Crypto AG successor reportedly dismisses 70 employees
Unfortunate "crypto" brand name causes the company to shut down. Crypto International, a successor of controversial Swiss company Crypto AG, is reportedly dismissing dozens of employees following a major spying scandal.As many as 70 employees had to quit Crypto International after Crypto AG was found to be selling backdoored products to benefit agencies like the…
Binance Australia onboards former DigitalX exec as new CEO
The former head of the world's first publicly-listed blockchain firm the is new CEO of Binance’s Australian subsidiary. 399 Total views 247 Total shares Binance Australia has announced the appointment of Leigh Travers, the former chief executive of local blockchain technology and payments firm DigitalX, as the company’s new CEO.Travers has worked at DigitalX for…
Winklevoss’ Gemini Exchange Launches Chicago Office to Serve as Engineering Hub
Winklevoss brothers-led Gemini crypto exchange is launching a new office in Chicago, the firm officially announced on June 27.Headquartered in New York, Gemini adds its new Chicago office to their existing office in Portland, Oregon, Gemini co-founder Tyler Winklevoss wrote in a Medium post on Thursday.According to the statement, Gemini’s Chicago office will act as…