All posts by David

Cryptocurrency exchange Kraken adds Dash to Listings

Dash, the fifth most valuable cryptocurrency by market cap, has announced its partnership with Kraken Digital Asset Exchange – one of the world’s oldest bitcoin exchanges with the largest selection of digital assets and national currencies. The partnership comes in the wake of a record surge for the cryptocurrency, which experienced a 6x increase in … Continue reading Cryptocurrency exchange Kraken adds Dash to Listings

India sets up high level committee to study cryptocurrency

India sets up high level committee to study Cryptocurrency The Indian government will setup a high level inter-disciplinary committee to take a close look at the circulation of crypto currencies in the country. “The circulation of Virtual Currencies which are also known as Digital/Crypto Currencies has been a cause of concern,” said a finance ministry … Continue reading India sets up high level committee to study cryptocurrency

Russian Plans to Legitimise cryptocurrency by 2018

 Russia Plans To Legitimize Cryptocurrency By 2018 Russia is a country has never seen eye-to-eye with bitcoin up until now. Several legal proposals have been drafted which could have lead to jail time. Thankfully, it appears regulators have come to their senses, as bitcoin users in Russia no longer need to fear jail time. … Continue reading Russian Plans to Legitimise cryptocurrency by 2018

All You Need To Know About Dollar-Denominated Cryptocurrencies

All You Need To Know About Dollar-Denominated Cryptocurrencies A well-known obstacle to the greater popularity of Bitcoin as a medium of payment is the high volatility of its exchange value. This volatility results from its built-in quantity commitment: because the number of Bitcoins in existence stays on a programmed path, variations in the real demand … Continue reading All You Need To Know About Dollar-Denominated Cryptocurrencies

Majority of Nigerians Have Faith in Bitcoin

Majority of Nigerians Have Faith in Bitcoin A recent survey indicates that Nigerian trust Bitcoin more than gold when it comes investments. Bitcoin is rightly deemed as the “Digital Gold”. The cryptocurrency, introduced to the world in 2009 has all the properties of gold, except for the weight and these features aren’t lost on the … Continue reading Majority of Nigerians Have Faith in Bitcoin

Cyprus SEC gets Tough on International Forex, Bitcoin Traders

Cyprus SEC gets Tough on International Forex, Bitcoin Traders International Forex trading hub Cyprus has signaled that “comply or close shop” standards will be enforced within nine months, causing uncertainty among FX companies, some of them holding Bitcoin/fiat positions.   Retail trading companies located on the island offering clients Bitcoin/fiat pair options have yet to … Continue reading Cyprus SEC gets Tough on International Forex, Bitcoin Traders

Buy Bitcoin at Paybis With Credit Cards, Its Easy

 Buy Bitcoin at Paybis  With Credit Cards, Its Easy   EDINBURGH, Scotland, April 5, 2017 /PRNewswire/ — Users on the leading digital and cryptocurrency exchange platform Paybis can now buy Bitcoin instantly with their credit card. The new feature makes Paybis one among the few platforms that offer such an option.   Paybis accepts credit … Continue reading Buy Bitcoin at Paybis With Credit Cards, Its Easy

Bitcoin Steams Ahead

Bitcoin Steams Ahead Cryptocurrency enthusiasts will have noticed that bitcoin’s price has been going up steadily over the past few days. It is always difficult to pinpoint the exact reason for this behavior. Japan’s new cryptocurrency regulation went into effect, and there is a big bitcoin marketing campaign on the /r/place subreddit. Both factors may … Continue reading Bitcoin Steams Ahead

Poloniex-Traders-Panic-and-Suffer-Losses-Due-to-System-issues

Poloniex – Traders Panic and Suffer Losses Due to System issues Plenty of cryptocurrency traders are not too amused with Poloniex right now. The popular altcoin exchange suffered from several brief outages yesterday. During the panic, the Ripple price crashed hard and Ethereum lost US$1bn in market cap. It is unclear what occurred exactly, but … Continue reading Poloniex-Traders-Panic-and-Suffer-Losses-Due-to-System-issues

Bitcoin Recognised as a Currency in Japan

Bitcoin Recognised  as a Currency in Japan Bitcoin has finally gained the recognition of a mainstream currency along the lines of other fiat currencies. The privilege follows the implementation of a new law in Japan which categorizes Bitcoin as a legal payment option within the country. The much-awaited law went into effect on April 1, … Continue reading Bitcoin Recognised as a Currency in Japan