#1 Source For Bitcoin And Altcoin News
Privacy-focused altcoin CloakCoin (CLOAK) hit $ 16 April 18 after the world’s largest cryptocurrency exchange Binance confirmed it had listed the asset.
In a move also confirmed by CloakCoin developers, Binance appeared to reverse the fortune of the stagnant altcoin, which had seen little activity for most of its four years on the market.
Issued in June 2014 at $ 0.18 per token, CLOAK then traded below that rate from September 2014 until February 2017.
Venezuela Localbitcoins users traded a record 2.7 trillion bolivars in the week ending April 14, new data shows.
Coming just after the debt-ridden country’s parliament formally approved a law requiring all government institutions to accept its Petro cryptocurrency by July, the astonishing numbers dwarf any other week since records began in 2013.
Trading figures are compiled by monitoring site Coin Dance, which uses official exchange rates for the US dollar, putting the hard currency equivalent at around $ 55 million.
Bitfinex, the largest Bitcoin exchange, has announced support for 12 additional tokens to its popular trading platform — all of which are “focused around strengthening the impact and capacity of decentralised technologies.”
As of 4 PM UST, Bitfinex has enabled trading for the following cryptocurrency tokens:
Naturally, deposits and withdrawals for the newly-supported tokens are also enabled.
Cryptocurrency trading firm Coinbase has entered into talks with the U.S. Securities and Exchange Commission about registering as a licensed broker-dealer firm and electronic trading venue, The Wall Street Journal reported on Friday, April 6, 2018.
The move comes just as U.S. regulators have begun clarifying their stance on virtual currencies. Testifying before the Senate on February 6, 2018, SEC chairman Jay Clayton made it clear that he considered all initial coin offering (ICO) tokens to be securities.
Bitcoin Cash is a very interesting addition to the cryptocurrency industry. Although it is an alternative version of Bitcoin, the currency seems to have made its mark on the industry. As such, the currency now has its very own peer-to-peer exchange, known as Remitano. This Vietnamese platform launched some time ago and recently decided to add BCH.
It is quite clear that there is a lot more to cryptocurrency than just Bitcoin. Even though BTC influences the value of all other cryptocurrencies on the market today, it seems that situation may come to change in the future. With Bitcoin Cash continuing to make its mark on the industry, there are some interesting changes to look forward to, by the look of things.
Localbitcoins trading volume has witnessed volume spikes across miscellaneous markets in recent weeks, with global volume bouncing to $ 75 million USD this past week. The Canadian and European markets both produced record volume this past week – after both markets produced seemingly anomalous spikes in trading activity.
Also Read:Capitalization of Cryptocurrency Markets Loses 59% in Q1 2018
The weekly global trading volume on localbitcoins has bounced to $ 75 million (8,586 BTC), following spikes in volume across several markets during the week of the 31st of March.
The popularity of Bitcoin in Africa continues to skyrocket. Paxful, the p2p cryptocurrency marketplace, is offering the means for Africans to take charge of their economic destiny.
The cryptocurrency revolution, spearheaded by Bitcoin, has intensified greatly over the last year. While pundits focus their attention on the markets of Asia and the United States, the buying and selling of Bitcoin in Africa has continued to grow at a remarkable rate. This is clearly understood by the peer-to-peer cryptocurrency exchange, Paxful, who offers Africans hundreds of options to either buy or sell the world’s most popular digital currency.
With dozens of stories coming out in recent weeks about exchanges getting hacked or losing user funds, many are looking for another place to trade their coins. Exenium is offering the most secure and intuitive cryptocurrency trading experience in the space.
The growing mainstream interest in cryptocurrency over the past few months brought millions of new users into the space, with most signing up on just a few of the available exchanges. Faced with record new user registrations and unprecedented trade volume, many exchanges were forced to halt trading to recover from the waves of newbies. Understandably, huge swaths of users were upset that they were unable to take advantage of changing market conditions.
The bearish pressure across all cryptocurrency markets is not relenting by any means. Although the first few days of this week seemed rather promising, things have not improved by any means. Instead, we see all currencies suffering from losses yet again, which is never a good sign heading into the weekend. The NEO price is dipping below $ 67 gain and could go a bit lower before the week is over.
It is evident the cryptocurrency markets are going through a brief period of recovery as of right now. With most markets showing some positive momentum out of the blue, things are looking good as of right now. The Stellar price is one of the biggest gainers over the past 24 hours, pushing the value back to over $ 0.22. A positive turn of events, assuming this momentum doesn’t vaporize in the next few hours.
