Tag Archives: AA News

Days after the significant volatility and Bitcoin price declines, Bitcoin Options trading volume on regulated exchanges sees record-breaking lows. While CME’s Options platform recently hit its all-time low level, Bakkt’s situation is even worse without any action for weeks.CME’s Bitcoin Options Volume ATLIn the middle of March, the cryptocurrency market, along with most financial markets, plunged amid the outbreak of the novel COVID-19 virus. In just a day, Bitcoin’s price dropped by...

Huobi Group, a leading digital currency company, through its subsidiary Huobi DM, has launched a new “partial liquidation” mechanism in a bid to protect Futures traders against risks during times of heavy plummets in the cryptocurrency markets, according to a press release. Huobi DM is digital assets derivatives trading platform of Huobi Group. The move to create this mechanism, which is quite similar to Wall Street Circuit breakers, is coming as a result of the most recent price plunge that...

Ripple continues its expansion by partnering with a Thailand-based fintech company called DeeMoney. The latter will utilize Ripple’s global financial payments network, RippleNet, for more efficient, faster, and cheaper international money transfers.Ripple Partners With DeeMoneyRipple announced its newest partnership yesterday. DeeMoney is based in Thailand and specializes in digital cross-border money transfers. The fintech company will use RippleNet to process inbound payments into...

The novel coronavirus created an economic slowdown that had a massive impact on financial and stock markets throughout the world. Some of the global indexes such as the S&P 500, DJI, FTSE 100, and so forth, charted notable losses in a manner that hasn’t been seen for decades.Naturally, this also caused a serious negative impact on the cryptocurrency market. Bitcoin lost 40% of its value in a day while the entire market saw about $150 billion of its capitalization gone.With this in mind,...

Quick recap: for the past few weeks, Bitcoin had been following the crashing global markets. While the S&P 500 and Nasdaq lost more than 30% over the past month, Bitcoin followed them but with a little bit of leverage.The primary cryptocurrency is now trading at a 50% discount from the highs of mid-February, when it was trading above the $10,000 mark.Many crypto enthusiasts waited for this moment. Bitcoin was born after the most recent significant financial crisis, the one of 2008....

The novel coronavirus (COVID-19) continues its exponential spread throughout the world with many countries in Western Europe, reporting thousands of cases every day. The death count continues to increase. John McAfee, however, doesn’t seem to take the virus seriously and even went so far to compare it to diarrhea.John McAfee Underestimates The CoronavirusIt goes without saying that the novel coronavirus is one of the most severe challenges that the world has to face right now. With almost...

IOV Labs announced the successful launch of a blockchain network focused on Argentina’s natural gas distribution ecosystem. Dubbed Gasnet, the system is powered by RSK smart contracts. It aims to connect local natural gas distributors, their service providers, and Argentina’s natural gas regulator – Enargas.Blockchain Platform Gasnet To Operate Natural Gas DistributionIn a press release shared with CryptoPotato, IOV Labs announced its newest blockchain-based project. Gasnet will use the...

TRON’s Justin Sun may soon regret his move to acquire Steemit as members of its community are currently planning a hard fork to create a new blockchain that is outside the control of Justin. Launching Hive BlockchainThe soon-to-be-launched blockchain dubbed HIVE will be created through the implementation of a hard fork of the existing Steem code. The upgrade will take place on Friday, March 20, at 10 am EST, according to an announcement on Steem’s frontend application platform, Steempeak.The...

Two Canadian citizens were sentenced to 24 months in federal prison in the U.S. after conspiring to commit wire fraud and money laundering in a scheme to steal bitcoins from an Oregon citizen. The perpetrators posed as employees from the popular cryptocurrency exchange HitBTC and used a fake Twitter account to deceive the victim.Bitcoin Fraud Using A Fraudulent Exchange AccountAccording to the statement shared by the District of Oregon, the two perpetrators are Karanjit Singh Khatkar (23) and...

Despite the recent increased interest in cryptocurrency-related businesses in India, most firms have not registered yet with the country’s Registrar of Companies (RoC). The nation’s Minister of State for Finance and Corporate Affairs revealed the findings as a response to a previously submitted investigation report that looked into fraudulent “bit coin companies.”Fraudulent Cryptocurrency Companies in IndiaMember of the Indian parliament, Mohammed Faizal, recently raised three questions with...