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JPY, USD, and KRW Accounts for Over 90% of Bitcoin Traded on Exchanges

Markets and Prices CNY to bitcoin trading now accounts for approximately only 1% of all bitcoin trade occurring on exchanges, according to cryptocompare data. The Chinese cryptocurrency crackdown has drastically altered the global composition of bitcoin markets. 60% of bitcoin trading currently occurs through Japanese markets, with the U.S. and South

China Will No Longer Negatively Impact Bitcoin Price, 1% of Global Trading

While the future of the Chinese Bitcoin and cryptocurrency markets remain uncertain, the Chinese government will no longer be able to manipulate the market and negatively impact the Bitcoin price.Earlier today, on October 16, LIU Post in New York professor and chair of the department of economics Panos Mourdoukoutas suggested the possibility of the Chinese market bringing the price of Bitcoin down

Markets Update: Bitcoin’s Price Peaks Past $5800 Across Global Exchanges

Markets and Prices The price of bitcoin has finally surpassed the $5K territory after a few teases this past spring and summer. During the earlier hours of October 12, bitcoin’s market value spiked past the $5,000 range and has reached an all-time high of $5846 per BTC across popular global exchanges. Bitcoin’s pathway to $6K is within sight.&nbs

South Korean Payment App Toss to Add Bitcoin Transactions

Fintech Former South Korean dentist hoped to smooth payment transactions. He stopped pulling teeth, and began working on a solution. His eighth iteration became Toss, a way to send and receive money peer-to-peer (P2P). Its next step includes bitcoin and even real estate transactions. Also read: South Korean Crypto Community to Push Back Aga

Bitcoin Price Heads to $5,000 Despite Russia’s Cryptocurrency Exchange Ban Rumors

Despite rumors about the Central Bank of Russia’s short-term plans to restrict access to Bitcoin and cryptocurrency trading platforms, the Bitcoin price has surpassed the $4,860 mark and is heading towards $5,000.“Russia to ban #bitcoin trading!” – Bitcoin doesn’t care, approaching $5,000. Russia doesn’t even account for 0.12% of bitcoin trading. pic.twitter.com/o7j7nLTYlY— Joseph Yo

Markets Update: The Bitcoin Price Rocket Blasts Off Again

Markets and Prices As we predicted in our last markets update, bitcoin markets were behaving like a shaken can of soda — waiting to pop. The bitcoin price rocket started its ascent yesterday surpassing the $4,500 zone. Then the price of bitcoin blasted to a high of $4,865 just 24-hours later on October 9. As the fork(s) loom in the backdrop, m

Markets Update: Bitcoin Price Pops Higher But Meets Upper Resistance

Markets and Prices Bitcoin markets are kicking up a notch as the price tested the US$4,425 zone today, after spiking past the $4,300 territory the day before. The currency’s value has been trending higher, but slowly because there’s been a lot of resistance along the way. Presently bitcoin’s price action seemed poised to pounce another leg upwa

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South Korea's ICO Ban: A Reaction to “Serious Concerns” Over Cryptocurrency Investment Practices

The South Korean Financial Services Commission (FSC) has announced it will ban all forms of initial coin offerings (ICOs). After a meeting to discuss virtual currency control, the vice-chairman of financial affairs, Kim Yong-bum, made this comment as part of an official statement:“We expressed a serious concern that the recent inflow of funds into the nonproductive speculative direction is showi

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Goldman Sachs May Launch a Bitcoin and Cryptocurrency Exchange

Earlier this week, Paul Vigna, a Wall Street Journal reporter, revealed that several key figures familiar with the matter confirmed that Goldman Sachs, the $93 billion investment bank, may launch a bitcoin and cryptocurrency trading platform in the upcoming months.Goldman Sachs’ cryptocurrency trading division and strategic investment group are reportedly investigating into the plan of launching

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Korean Bithumb Exchange Will Enable ZCash Trading in a few Days

Cryptocurrency exchanges are always competing with one another for trading volume. Appealing to as many consumers and enthusiasts around the world is a big priority. That is much easier said than done these days, though. One way to go about things is by adding additional cryptocurrencies over time. South Korea’s Bithumb will do exactly that by enabling ZCash trading soon. An interesting developm

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