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cryptocurrency markets

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Indictment Slammed Against BitMEX Could Be More Than What Meets The Eyes

Since the most recent charges levied against the largest cryptocurrency derivatives exchange BitMEX, over 45k Bitcoin has reportedly been withdrawn from the exchange. While Arthur Hayes CEO of BitMEX and other figures who run the exchange remains at large, the future of the exchange looks gloomy and could be…

News

How Kraken is Getting Approval for SPDI?

US-based popular cryptocurrency firm “Kraken” is all set to open the world’s first digital Special Purpose Depository Institution with the proposed named “Kraken Financials” after getting the approval from the Wyoming Banking Board. Kraken has been consistent in maintaining its name in the list of Top 20 Cryptocurrency exchanges…

News

Bitcoin Hash Rate Hits A New High

Despite Bitcoin’s price hovering above the $10k mark, the hash rate continues to spike higher, reaching a new all-time high. Hash rate is a designation used to qualify the speed at which a computer is able to proficiently process crypto transactions or hashing computations in general . When the…

Blog, News

How Will Coronavirus Affect Crypto?

As the global market continues to react negatively to the continuous spread of the Coronavirus, Bitcoins seems to have joined the bandwagon after breaking below the $8k psychological level Safe-haven and risk asset narratives of Bitcoin (BTC) stink as the digital asset defies expectations Major blockchain and cryptocurrency events…

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