Altcoin News Altcoin Prices Binance bittorrent Justin Sun tron TRX 

TRON Cryptocurrency (TRX) Plows into the Green as Bitcoin Price Stagnates

After a continuous flow of positive news from the TRON Foundation, the TRX coin is outpacing the rest of the top 35 currencies with 24-hour growth of over 7%. Bitcoin (BTC) is up less than 1% today. TRON has reported anything from achieving major blockchain milestones to an ever increasing number of dApps on its chain in recent weeks. TRON Price Over the Last Month Source: Trading View What might be triggering TRON’s current rise, however, is that BitTorrent will sell its token on the Binance Launchpad. The TRON Foundation…

Read More
Binance Bitcoin Opinion Changpeng Zhao Exchanges 

Binance CEO ‘Very Confident’ in Cryptocurrency Industry’s Future

Binance CEO Changpeng Zhao (CZ) has expressed deep confidence in the prospects of cryptocurrency despite the challenging industry conditions that have defined most of 2018. Speaking during a conversation with “Bloomberg Daybreak: Middle East” hostsTracy Alloway and Yousef Gamal El-Din, he also stated that Binance intends to start off the new year “with a bang” in line with the company’s bullish outlook on the sector. In his words:  “2018 has been a tough year in terms of pricing for the cryptocurrency. And we see a lot of projects not making it this…

Read More
BHEX BHT Binance Bitcoin Exchange Bitcoin Technology Blue Helix Exchange huobi James Ju 

Huobi-Backed BHEX Launches Blue Helix Token (BHT)

James Ju CCN spoke to James Ju, the CEO of the new Blue Helix Exchange (BHEX) and former CTO of Huobi Global. Blue Helix is an exchange which is pushing toward a decentralized topology in a regulator-friendly manner. They raised $15 million from institutional investors including Huobi and OKEx by selling equity about six months ago, and last week they launched the beta of their exchange product, along with the BHT token. Currently in Beta, the Blue Helix exchange offers OTC sales (for CNY) of Bitcoin, as well as a…

Read More
Binance Blockchain News Crypto CZ 

While Many VCs Leave, Binance Expands Crypto Incubator to 5 Regions

Many venture capital firms have broken deals with companies in the crypto sector over the past several months. Barry Silbert, the founder and CEO of Digital Currency Group, a major cryptocurrency-focused venture capital firm that has invested in large-scale cryptocurrency businesses in the likes of Coinbase, bitFlyer, and Blockchain, has said that amidst falling crypto asset prices, deals between crypto startups and venture capital firms have started to fall out. Despite the troubling trend, Binance, the world’s largest cryptocurrency exchange by daily volume and active monthly visitors, expanded its crypto…

Read More
Binance PAX Paxos Standard Stablecoins 

Paxos Standard To Be A Base Token on Binance

Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. An exchange is only as good as its liquidity. There are hundreds of exchanges to choose from, and many have chosen Binance, which was originally based in China and funded through an ICO. Binance is far and away the largest exchange in the world by volume and users, most days almost doubling the volume of its nearest competitor. As we reported yesterday, Binance is in the…

Read More
Binance bitcoin Ella Zhang Exchanges Funding Koi Trading trading 

Binance Invests $3 Million in US Crypto Trading Desk

Twitter Facebook LinkedIn Big news came from Binance this week, as their venture wing announced a significant investment in US over-the-counter (OTC) crypto trading desk Koi Trading. Binance and Koi Trading In a press release yesterday, Binance Labs revealed that it had made a $3 million investment into Koi Trading, a small sum for the world’s largest cryptocurrency exchange, but a notable one nonetheless. Koi Trading is an OTC trading operation headquartered in San Francisco, CA. They aim to be a compliant global option for private cryptocurrency liquidity. Koi also offers assistance with data…

Read More
Binance bitcoin Bitcoin Analysis fidelity Morgan Stanley stablecoin Tether 

Bitcoin is a New Institutional Investment Class

Twitter Facebook LinkedIn There is a rapidly growing interest in bitcoin and other cryptocurrencies among institutional investors while there seems to be lethargy in the number of retail buyers operating within the space. As such, bitcoin and altcoins now constitute a new institutional investment class since 2017, according to new research from major US bank Morgan Stanley. In the report titled “Bitcoin Decrypted: A Brief Teach-in and Implications” and dated Oct. 31, the multinational investment bank’s research department gave an overview of the last six months of bitcoin and brought…

Read More
Binance Crypto regulation 

Binance is Legitimizing Crypto Market by Eliminating Money Laundering

Binance, the world’s largest crypto exchange, has voluntarily engaged in an initiative to eliminate money laundering on its platform. For years, despite the inherent lack of privacy measures on major public blockchain networks like Bitcoin and Ethereum that discourage the settlement of illicit transactions, a widely pushed narrative against crypto has been the suspected usage of digital assets by criminals. Eliminating Easily Refutable Claims Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, and many other major cryptocurrencies are not anonymous by nature. With Know Your Customer (KYC) and Anti-Money Laundering (AML) systems…

Read More
Binance BitMEX coinbase Elon Musk japan michael arrington regulation Ripple News sec south korea Tesla XRP 

TechCrunch Founder Outraged at US, Will Crypto Firms Also Pivot to Asia?

The US Securities and Exchange Commission (SEC) has been heavily criticized for its actions against Elon Musk’s Tesla, the crypto market and investment firms within the local market. On Sept. 29, Michael Arrington, the co-founder of TechCrunch, announced that his venture capital firm has decided to move out of the US and relocate to Asia after the SEC sent two subpeonas to XRP Capital. “We received a second subpeona from the SEC, again collecting information from us as investors in a U.S. company. The legal costs of dealing with these…

Read More
Binance Bitcoin Exchange brazil Exchanges Grupo XP Upbit 

Brazil’s Biggest Brokerage Processes Bitcoin Trades, Gov’t Supportive

Grupo XP, the largest independent brokerage in Brazil, has publicly released its plans to launch a Bitcoin and Ethereum trading platform by the end of 2018. Guilherme Benchimol, the chief executive officer of Grupo XP and XP Investimentos SA, stated that the business will integrate Bitcoin and Ethereum into the existing infrastructure of the brokerage, allowing more than three million investors in the country to invest in the asset class. Monumental Decision As CCN previously reported, on Sept. 20, the government of Brazil and its antitrust watchdog have launched a…

Read More