Galaxy Digital faced further losses in Q3, bringing its total losses in 2018 up to $136 million. Mike Novogratz’s crypto investment bank Galaxy Digital has lost $136 million in the first three quarters of 2018, Bloomberg reports Nov. 28. According to Bloomberg, Galaxy Digital’s realized and unrealized losses in Q3 amounted to $41 million, which… Continue reading Galaxy Digital Lost $136 Million in the First Three Quarters of 2018
Category: cryptocurrencies
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Report: Zug Court Shuts Down Swiss Off-Grid Mining Firm Envion AG
The cantonal court of Zug, Switzerland has reportedly shut down and ordered the liquidation of mining firm Envion AG, that uses clean energy to mine cryptocurrency. The cantonal court of Zug, Switzerland has shut down cryptocurrency mining firm Envion AG for an alleged unauthorized Initial Coin Offering (ICO), German news outlet Handelsblatt Global reported Nov.… Continue reading Report: Zug Court Shuts Down Swiss Off-Grid Mining Firm Envion AG
Binance Renames Its USDT Market to Combined Stablecoin Market
Binance has announced it is renaming and expanding its USDT market to USDⓈ, which will support more stablecoins. Major cryptocurrency exchange Binance has renamed its Tether (USDT) Market to be a combined Stablecoin Market (USDⓈ), according to an announcement published Nov. 26. This will purportedly allow the exchange to support more trading pairs of stablecoins.… Continue reading Binance Renames Its USDT Market to Combined Stablecoin Market
Civic CEO: Bitcoin to Trade Range-Bound for ‘Three to Six Months’
Civic CEO Vinny Lingham has predicted that the BTC price could remain range-bound for several months. Vinny Lingham, the CEO of identity management startup Civic, said in an interview with CNBC Nov. 26 that the Bitcoin (BTC) price will remain range-bound for several months, while it could break down of the $3,000 mark. Speaking on… Continue reading Civic CEO: Bitcoin to Trade Range-Bound for ‘Three to Six Months’
Ohio ‘Appears’ to Be First US State to Accept Bitcoin for Taxes, WSJ Report
The U.S. state of Ohio “appears to be” the first state to accept Bitcoin as a valid payment for taxes. The U.S. state of Ohio is poised to become the first state to accept Bitcoin (BTC) as tax payment, the Wall Street Journal (WSJ) reports today, Nov. 25. As the WSJ writes, the move initially… Continue reading Ohio ‘Appears’ to Be First US State to Accept Bitcoin for Taxes, WSJ Report
Top 5 Crypto Performers Overview: XEM, Ripple, EOS, Bitcoin, IOTA
Dismal crypto bear markets continue to rage, though the Bitcoin Cash hard fork drama has settled and a series of major institutional investor moves are on the horizon. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves… Continue reading Top 5 Crypto Performers Overview: XEM, Ripple, EOS, Bitcoin, IOTA
Crypto Markets See Mild Volatility on The Day, Fail to Hold Sharp Rebound Trend
Crypto markets have seen little volatility on the day, failing to hold a sharp rebound momentum, outlier Bitcoin Gold is up 10 percent. Saturday, Nov. 23: crypto markets have seen some volatility on the day, but failed to hold a sharp rebound attempt. The top 20 cryptocurrencies by market cap are seeing their prices stabilize… Continue reading Crypto Markets See Mild Volatility on The Day, Fail to Hold Sharp Rebound Trend
Exchange Partners With University of Luxembourg to Improve Crypto Asset Security
NX Exchange and the University of Luxembourg’s new cooperation aims to develop higher levels of network security for digital assets. A new partnership between Luxembourg-based VNX Exchange and the University of Luxembourg aims to improve the security of digital assets, business news outlet Luxembourg Times reported Nov. 23. VNX is a marketplace and trading platform… Continue reading Exchange Partners With University of Luxembourg to Improve Crypto Asset Security
Crypto Hardware Wallet Ledger Resumes Bitcoin Cash Services
Cryptocurrency wallet Ledger has re-enabled its Bitcoin Cash services such as adding accounts and sending the altcoin. Bitcoin Cash (BCH) services for cryptocurrency hardware wallet Ledger have resumed, according to an announcement published Nov. 23. Ledger suspended its BCH service on Nov. 14 in anticipation of the cryptocurrency’s hard fork “to prevent unwanted transactions and… Continue reading Crypto Hardware Wallet Ledger Resumes Bitcoin Cash Services
China: Crypto Miners Sell off Mining Devices ‘by Kilo’ Amidst Market Decline
Chinese crypto miners are reportedly selling their mining equipment “by kilo,” as they have reached the “shutdown price” amidst the recent market crash. Cryptocurrency mining operations in China are reportedly selling mining machines by weight, as opposed to price per unit. This selloff was reported by local Chinese crypto outlet 8BTC Wednesday, Nov. 21, with… Continue reading China: Crypto Miners Sell off Mining Devices ‘by Kilo’ Amidst Market Decline