Tag Archives: AA News

Most of the asset inflows recorded by Binance this year have come from Huobi – a China-based cryptocurrency exchange. The reports come after a few weeks of serious Chinese interest as well as major blockchain-oriented announcements coming from the country.Binance’s Inflows From ChinaInitially established in China, Binance left the country when the government placed a ban on trading and had its headquarters in Malta. With the latest news coming from China, though, and the interest picking up,...

Xfers, a fin-tech company from Singapore, is set to launch a stablecoin called StraitsX by partnering with blockchain platform Zilliqa. The token will be pegged to the Singaporean Dollar, and it would be available in December 2019.StraitsX: A New Stablecoin on Its WayXfers is a Singapore-based company focusing on online financial services like payment transactions. It provides a transparent and secure infrastructure for all sorts of businesses.By partnering with the popular blockchain...

When it comes to investing in Bitcoin, defining a clear exit strategy is undoubtedly amongst the essential things that should be considered. Knowing when to cash out is critical for profitability. As it has been seen in the past, Bitcoin has specific market cycles, and it’s not uncommon for the cryptocurrency to surge tremendously, only to pull back shortly after. A recent Twitter thread poses this exact question, and the answers are nothing short of invaluable.The following shouldn’t be seen...

One of the more popular cryptocurrencies, Tezos, has skyrocketed by more than 70% in the past 24 hours. The movement came shortly after it was announced that the largest US-based cryptocurrency exchange, Coinbase, will allow Tezos to be staked on their platform and users would receive rewards for it.Tezos Staking Rewards On CoinbaseAccording to an official announcement from Coinbase, users will be able to stake Tezos (XTZ) on their platform and receive rewards for it.Staking is not new to...

One of the most anticipated events within the cryptocurrency community was supposed to take place during the summer when Justin Sun won a charity lunch with Warren Buffet. Days before the event, though, Sun said that he had health issues, and the lunch was indefinitely postponed. New information appeared now, according to which the Chinese administration might be the real reason behind the postponement.China Behind the Lunch Postponement?Back in June, Justin sun, the founder of one of the...

If you’ve ever watched Bitcoin-related videos on YouTube, you’ve probably gotten to know K-Dub. K-Dub is a 32-year-old from New York who broadcasts live each day on his popular channel Crypto Zombie.Without a doubt, Crypto Zombie is one of the most popular channels around, with an astonishing number of over 90,000 subscribers as of writing this. Every night you can meet him on YouTube, and when I write ‘meet him,’ this really describes his attitude toward his thousands of loyal...

A real estate developer managed to sell a $15.3 million condo in New York for Bitcoin. The transaction was carried out using Bitpay and Starr and, according to the developer, it was “seamless.” This highlights Bitcoin as a viable alternative to fiat transactions and it’s far from being the only serious real estate deal cut with the cryptocurrency.Bitcoin Used For Buying a New York ApartmentA real estate developer, Ben Shaoul, has sold a retail condo in Upper East Side New York and the...

Hong Kong’s financial regulators will introduce a new framework for cryptocurrency exchanges, after the unsuccessful first attempt from last year. An official from the Securities and Futures Commission (SFC) in the city informed that the new version should be published today.Hong Kong To Regulate Crypto ExchangesDuring a FinTech conference taking place in Hong Kong, the head of the SFC, Ashely Alder, announced that they will issue a new regulatory format. Purportedly, by including...

The European Central Bank is reportedly considering to launch its public digital currency. This move may be regarded as a direct response to the announcement of Facebook’s Libra.EU to Launch A Digital Currency?As reported by Reuters, the draft states that the European Union should consider launching a public digital currency by working closely with the European Central Bank. Purportedly, an official from the ECB has said that such a project would allow customers to use electronic cash, which...

The surge of interest in China woke up the entire cryptocurrency market and boosted Bitcoin’s trading volume. Yet, Bitcoin maintains relative stability, and the market is waiting to see the direction in which it will take off towards the end of the year.The altcoin market also felt the surge, and it seems that a lot of them are strengthening their communities and surviving the harsh crypto winter. Moreover, we continue to see a lot of additional fundraising and, perhaps, the relatively small...