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Cryptocurrencies

Simetri Research Launches Dashboard for Short-Term Crypto Traders

Simetri Research, a crypto research and analysis service backed by digital currency reviewer Crypto Briefing and crypto price aggregator CoinMarketCap, has launched a new platform that displays short-term trading signals. Closing the information gap Crypto Briefing announced the new service, Coins on the Move, on Aug. 22. Coins on the Move is reportedly designed to …

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Indian Supreme Court Orders RBI to Answer Crypto Exchanges, New Date Set

<header class=”article__header”> </header> <strong>After hearing the arguments against the banking restriction by the Reserve Bank of India (RBI) in detail, the Indian supreme court directed the central bank to reply to the representations filed by crypto exchanges. Since the RBI has not adequately answered them, the court set a new date to resume hearing the …

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Saudi Arabia Warns of Crypto Scammers Posing as Gov’t Projects

Saudi Arabia’s Finance Ministry has warned against crypto tricksters using the kingdom’s official emblem to promote tokens that purport to be tied to government projects. Arab News reported on Aug. 21 that the ministry has identified a Singapore-based company promoting two fraudulent cryptocurrencies, dubbed “CryptoRiyal” and “SmartRiyal.”  Fraud alert: hype and pump CryptoRiyal and SmartRiyal’s …

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Blockchain Firm TZero Adds Ravencoin to Supported Cryptocurrencies

Blockchain company tZero added Ravencoin (RVN) to the list of cryptocurrencies supported by its tZero Crypto cryptocurrency wallet and trading app. Ravencoin now supported on the tZero app TZero announced in a press release published on Aug. 20 that Ravencoin will be joining Bitcoin (BTC) and Ether (ETH) among the cryptocurrencies supported by its trading …

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Kraken OTC Desk Head: Trading Volume Has Increased 2,000% Since 2018

Nelson Minier, head of over-the-counter (OTC) trading at major cryptocurrency platform Kraken, has stated that the OTC desk’s trades per month have increased by a factor of 20 since the beginning of last year. Minier gave his remarks in an episode of The Block’s podcast, The Scoop, on Aug. 20. Minier further remarked that “Bitcoin …

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Bitfinex and Tether Respond to New York Judge, Will Pursue Appeals

Bitfinex and Tether have replied to Judge Joel Cohen’s recent ruling in the New York Attorney General (NYAG) ongoing case against companies. Cohen dismissed Bitfinex’s motion to throw out the case due to lack of jurisdiction, so the NYAG will continue to prosecute the companies via the Martin Act. Bitfinex issued its reply in an …

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Crypto Transaction Tracking Service Whale Alert Announces Version 2

Whale Alert, a service dedicated to tracking major cryptocurrency transactions, has announced a second version of its platform in development. Updated tracking capabilities Whale Alert’s official Twitter account announced on Aug. 20 that the service is currently working on the second version of its platform, which includes additional services. The announcement reads: “We are excited …

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New Booking CEO: Crypto Will Continue to Grow Mainly Outside the US

CEO of online travel giant Booking Holdings believes that blockchain-based currencies will continue to grow and gain more popularity. Glenn Fogel, recently appointed CEO of Booking, expressed his support of cryptocurrencies in an interview with New York-based travel publication Skift on Aug. 20. In the interview, Fogel discussed blockchain and crypto alongside with major issues …

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Mark Mobius: Buy Gold as Bitcoin Price Rises, Central Banks Cut Rates

Veteran frontier markets investor Mark Mobius suggested that cryptocurrencies will boost the price of gold.  Canadian finance news outlet BNN Bloomberg interviewed Mark Mobius on Aug. 20. The legendary investor believes cryptocurrencies will help the rise of gold. He explained:  “You have all these currencies, new currencies coming into play. […] I call them ‘psycho …

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‘Amazon of Japan’ Rakuten Launches Crypto Exchange Service

</header> <strong>Rakuten, the “Amazon of Japan,” announced the launch of its new crypto exchange platform Monday, August 19, offering spot trading of crypto assets via a dedicated smartphone app. The e-commerce giant has been crypto-friendly for a while now, experimenting and investing in crypto payment systems since at least 2014, but with the launch of …

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