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Bitcoin Dominance

Press
Press Subtitle

AI Meme Content Creators Benefit From New DeFi Revenue Model
March 30, 2020 1:00 pm

New DeFi revenue model is allowing Alethea AI users to support their favorite AI-generated meme creators

HIVE Blockchain Acquires Bitcoin Mining Facility for $2.8M
March 30, 2020 12:32 pm

HIVE will start to provide support for Bitcoin mining with the acquisition of a facility in Quebec

Fake Trading Volumes and the Price of Bitcoin: Are They Connected?
March 30, 2020 12:02 pm

There is a strong connection between Bitcoin’s price, Bitcoin’s popularity in Google searches and fake trading volumes

The Law Is Coming for Bitcoin, Warns Satoshi Claimant Craig Wright
March 30, 2020 11:57 am

The self-declared creator of Bitcoin, Craig Wright, warns that Bitcoin miners and Lightning Network operators could suffer in the clash between crypto and the law

Price Analysis Mar 30: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO
March 30, 2020 10:29 am

Bitcoin seems to be building up momentum for a breakout above $7,000 and many of the top-10 altcoins are following suit by posting moderate gains

Riot Blockchain Cites COVID-19 Disruption Risks on SEC Form 10-K
March 30, 2020 10:13 am

Riot Blockchain says that COVID-19 will affect its cryptocurrency mining business in its annual report to the SEC

Jack Dorsey Wants Cash App to Distribute US Stimulus Package
March 30, 2020 9:54 am

The founder of Twitter and Square believes that Cash App can distribute the stimulus to Americans with greater efficiency than the government can

The Need to Report Carbon Emissions Amid the Coronavirus Pandemic
March 30, 2020 7:56 am

Modern digital companies require more and more energy, which contributes to the global rise of carbon emissions

Bitfinex DeFi Offshoot Burns $20M Tokens in Bid to Drive DEX Adoption
March 30, 2020 7:22 am

DeversiFi burned $20 million worth of its governance token to drive DEX adoption following centralized exchange failures

Tron Launches Djed, a Platform That Looks Suspiciously Like MakerDAO
March 30, 2020 7:12 am

Is Tron’s recently announced Djed really a MakerDAO clone?

Bitcoin Price Pumps $600 to CME Gap, But $6.6K May Be End for Bulls
March 30, 2020 7:03 am

BTC price dead cat bounce or more evidence that the bottom is in?

Bitmain’s Antminer E3 to Continue Mining Ether With New Update
March 30, 2020 6:43 am

Chinese mining firm Bitmain enhances Antminer E3’s lifespan by launching firmware

Opera Becomes First Major Browser to Integrate .Crypto Domain Extension
March 30, 2020 6:00 am

Opera has integrated Unstoppable Domain’s .crypto domain extension, enabling its users to access decentralized web pages

Celsius Partners With Chainlink to Decentralize Price Data
March 30, 2020 6:00 am

Celsius Network will begin using Chainlink’s price data feed oracles while offering treasury management services to the oracle platform

Ryuk Ransomware Targets Hospitals Amid Coronavirus Pandemic
March 30, 2020 5:55 am

Despite the pressures already placed on healthcare organizations by COVID-19, ransomware operators continue to target hospitals

Crypto ‘Dutch Auctions’ Show Promise After $1.76M Offering Sells Out
March 30, 2020 4:51 am

The offering saw Solana raise $1.76 million from 8 million tokens that were sold via Dutch auction for between $0.23 and $0.25

Bitcoin Price ‘Likely’ Bottomed in $3.7K BitMEX Crash, Says Tone Vays
March 30, 2020 4:01 am

The low is in for Bitcoin after $3,700 crash, Tone Vays has said as he dispels fears of lower lows

China’s 2nd-Largest Courier Using Blockchain to Deliver Key Supplies Amid Pandemic
March 30, 2020 3:42 am

Major Chinese courier service SF Express is turning to blockchain to bolster its logistics resilience during the COVID-19 outbreak

Santander to Extend Ripple-Powered Payments Solution to Mexico This Year
March 30, 2020 2:17 am

Santander Mexico will support the banking group’s Ripple-powered international payments system One Pay FX in 2020

Bitcoin Price Reclaims $6K as Traders Eye New BTC Futures Gap Above
March 30, 2020 2:04 am

Bitcoin bounces back after signs of weakness result in a brief trip below $5,900

Roger Ver Apparently Unconcerned About Coronavirus
March 30, 2020 1:22 am

“If YOU are worried about the coronavirus, YOU should self isolate. Leave the rest of us alone,” protests Bitcoin Cash advocate Roger Ver

Market Analysis Report (30 Mar 2020)
March 30, 2020 1:17 am
Coinbase Commerce Has Processed $200 Million Worth of Crypto Payments | Microsoft Patents Cryptocurrency Mining System Using Body Activity | Network of Fake Bitcoin QR Code Generators Nets Hackers Over $45,000
BlockApps and Optimum Plan to Track Energy Usage on the Blockchain
March 30, 2020 12:40 am

Software consulting firm Optimum has partnered with EEA founding member BlockApps to develop blockchain solutions for tracking energy usage

Block.one Hires Team Behind Prominent Block Producer EOS New York
March 30, 2020 12:04 am

The team behind the high-profile EOS New York Block Producer has been hired by EOSIO developer Block.one

ConsenSys Partnering with Hitachi for PegaSys Plus Sales in Japan
March 29, 2020 10:49 pm

Starting on April 1, blockchain developer ConsenSys will allow Tokyo-based Hitachi Solutions to sell Ethereum-based PegaSys Plus in Japan

Coinbase’s Retail Payment Portal Passed $200 Million in Transactions
March 29, 2020 9:01 pm

Coinbase Commerce, the retail arm of the crypto exchange, finally exceeded $200 million in transactions since its launch two years ago

AR Crypto Game Makes an Impact on Social Distancing
March 29, 2020 8:00 pm

Crypto companies are finding new ways promote social distancing in the fight against COVID-19

Dutch Govt to Embrace Blockchain in Fight Against Pandemic
March 29, 2020 7:00 pm

The Dutch government will embrace blockchain as tech firms donate technology and services to the fight against coronavirus

University Students Harness Blockchain for Elections Amid Lockdown
March 29, 2020 6:00 pm

A voting Dapp built by the students of Malta University comprises the first live implementation of Vodafone’s digital identity platform

First Game Built on Tezos Blockchain Preparing for Alpha Launch
March 29, 2020 5:00 pm

An NFT-powered collectible card game launching in April is set to comprise the first gaming experience built on the Tezos network

Berkeley Blockchain Incubator Welcomes Startup Fighting COVID-19
March 29, 2020 4:00 pm

Snark Health’s ‘Hippocratic Coin’ aims to monetize medical data for the benefit of patients and healthcare professionals

Market Analysis Report (27 Mar 2020)
March 27, 2020 2:19 am
Bitcoin's Hashrate Keeps Dropping, Now 45% Below Its All-Time High | Binance Launches Beta Version of its New Debit Card | Block.one Absorbs Team From Now-Defunct EOS Block Producer
TRON Partners With Metal Pay to Enable Instant Purchase of TRX
March 26, 2020 11:32 am

TRON

Over the past few years, TRON (TRX) has emerged as one of the more promising cryptocurrencies in the market, and today, there was another landmark announcement regarding the token. According to the announcement today, TRX has partnered with Metal Pay, a cryptocurrency service provider, and the agreement is expected to be beneficial for the cryptocurrency.

Major Details

By way of this agreement, users on the Metal Pay mobile application will be able to purchase TRX with fiat currency. This is a major development because it opens up TRX to a far bigger pool of investors and ...

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Market Analysis Report (26 Mar 2020)
March 26, 2020 2:14 am
Bitcoin Mining Difficulty Sees Second-Largest Decline in its history | Coinbase Wallet to Make It Easier to Earn Interest via DeFi Platforms | Unknown Miners Start Mining Nearly Empty BSV Blocks After Controlling 51% of Its Hashrate
Market Analysis Report (25 Mar 2020)
March 25, 2020 2:07 am
Bitcoin ‘Engagement’ Surged on Square’s Cash App Amid Market Volatility | Crypto Donations App BABB Waives Cash-Out Fees for COVID-19 Fundraisers | 11% of Indonesians Own Some Form of Cryptocurrency, New Report Claims
Coronavirus Outbreak: How Bitcoin is Faring So Far
March 24, 2020 4:18 pm

Bitcoin

The coronavirus crisis has seen Bitcoin price nosedive in one of the greatest Bitcoin price crashes since its inception. With a 52% drop in price in a single week, the coronavirus has left many Bitcoin enthusiasts scratching their heads. Even the legendary crypto trader, Peter Brandt, who predicted Bitcoin’s peak way back in 2017, tweeted that he wouldn’t be shocked if it crashed to $1,000 and below.

Will Bitcoin recover from such a huge crash? And can it still be trusted to store value over time? These are just some of the questions that people are ...

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Bitcoin (BTC) Soars 10% on Strong Momentum: A Change Coming?
March 24, 2020 12:33 pm

Bitcoin

The coronavirus pandemic has had a highly damaging effect on the capital markets, and eventually, the effect was felt in other asset classes like cryptocurrencies as well. While this did affect the world’s biggest cryptocurrency, Bitcoin has made a remarkable recovery over the past 24 hours.

BTC gained 10% in the last 24 hours, and the total value of the entire crypto market soared by $14 billion. Bitcoin was trading at $6,580 this morning in Singapore, and it seems likely that the cryptocurrency is going to be in focus among traders today.

Rally Across the ...

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Market Analysis Report (24 Mar 2020)
March 24, 2020 2:20 am
New Coronavirus Legislation Eyes ‘Digital Dollar’ to Ease Recession | Major Crypto Players back PAC That Will Use Tokens to ‘Vote’ | Petition Asking for Release of Silk Road Founder Gathers 275,000 Signatures
Market Analysis Report (23 Mar 2020)
March 23, 2020 2:15 am
Only 1% of Australians Use Cryptocurrency, Despite Most Being Aware of It: Study | Coinbase Hit New Traffic Record During Crypto Market Crash | Tether’s USDt Launches on Its Seventh Blockchain
Market Analysis Report (20 Mar 2020)
March 20, 2020 2:11 am
Bitcoin Surges Nearly 20% After Starting to Decouple From Equities Market | Italian Bank Launches Bitcoin Trading Service Amid Lockdown | Scammers Impersonate WHO to Steal Bitcoin Meant to Help Fight COVID-19
Is Bitcoin (BTC) a Buy After the Recent Market Sell-Off?
March 19, 2020 4:19 pm

bitcoin

The coronavirus pandemic has resulted in massive turmoil in stock markets across the world, and almost all asset classes have suffered due to the deep selloff over the past few days. The same has been the case with Bitcoin, the world’s biggest cryptocurrency by market cap, and over the past weeks, its price has declined quite dramatically.

The cryptocurrency started off 2020 on a positive note, surging at a promising rate. However, over the past few weeks, it has tanked by 50%.

Hedge Against Recession?

One of the most important things to keep in ...

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Market Analysis Report (19 Mar 2020)
March 19, 2020 2:18 am
Long-term BTC Hodlers Weren’t Selling During Last Week’s Crash, Data Shows | Steem Community Plans Hard Fork to Escape Justin Sun’s Steemit | Regulated Exchange ‘CoinZoom’ Launches Crypto-backed Visa Card
Market Analysis Report (18 Mar 2020)
March 18, 2020 2:34 am
CryptoCompare to host AMA Session with BitMax's Founder & CEO | Bitcoin’s Hashrate Plummets After Crypto Market Crash | Google Searches for ‘Bitcoin’ Spike Over Its Price Drop
Bitcoin (BTC) Drops Below $5K Despite US Fed Slashing Interest Rates
March 17, 2020 12:25 pm

Bitcoin

The outbreak of the coronavirus has had a significant impact on markets, and cryptocurrencies have not been spared either. Over the weekend, the US Federal Reserve was forced to slash interest rates to almost zero, but that didn’t help Bitcoin (BTC), which dropped below $5,000.

Bitcoin (BTC) Drops Below $5,000

The largest crypto by market cap plunged below $5,000 on Tuesday as the European session got underway. After it breached the psychological milestone, it almost came close to dropping past $4,500, having shed 16% in a day. Similarly, other cryptocurrencies also experienced double-digit drops, with XRP, ...

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Market Analysis Report (17 Mar 2020)
March 17, 2020 2:12 am
Crypto Market Recovers After Wall Street Suffers Worst Day Since 1987 | Bakkt Launches Direct Payments Integration With Starbucks | Coinbase Chief Legal Officer Appointed to Oversee Banking System
Market Analysis Report (16 Mar 2020)
March 16, 2020 2:15 am
Crypto Market Resumes Downtrend After Fed Cuts Rates to Near Zero | Italy’s Red Cross Accepts Bitcoin Donations to Combat coronavirus | 1,000 BTC Mined in 2010 Moved for the First Time Amidst Sell-Off
Market Analysis Report (13 Mar 2020)
March 13, 2020 3:00 am
Why Bitcoin Is Falling Despite Claims That It Was a ‘Safe Haven’ Asset | Bitcoin’s Price Drop Sees Activity Surge at Crypto OTC Desks | DeFi Leader MakerDAO Avoids Shutdown Over Ethereum’s Price Drop
Bitcoin Tanks to $6K Mark on Economic Damage from the Coronavirus
March 12, 2020 12:50 pm

Bitcoin

While the stock markets across the world are recording historic declines, the situation is not much different in the crypto world, which would explain why Bitcoin has been dropping as of late. On Thursday, the world’s biggest cryptocurrency by market cap plunged at an alarming rate.

Panic Selling

The coronavirus pandemic has had a volatile effect on the world economy, and markets across the globe experienced mass selloffs as fears about the damage finally took hold. BTC slumped by 25% on Thursday morning as investors continued to dump it. Although it did claw back some of ...

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Ethereum Drops to $200 Levels as Crypto and Global Markets Crash
March 10, 2020 10:51 am

Ethereum

Ethereum (ETH) price has continued to fall after a dreadful weekend, which saw the price drop to around $198, wiping out last week’s gains. The cryptocurrency is currently trading slightly above the $200 support level and faces a nervy week in which it could drop as low as $170.

Ethereum Drops to $200 as Crypto Markets Crash

The coin has had a stellar year to date, having started the year at $130. It reached $280 in mid-February, outperforming even Bitcoin (BTC) in its percentage climb. However, there has been a market-wide sell-off as of late, with ...

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How the Bitcoin Halving Could Affect BTC Price in the Near-Term
March 9, 2020 12:26 pm

Bitcoin

Bitcoin (BTC) is trading below the $8,000 level just two months before its anticipated halving in May. However, over the past few weeks, markets have been crashing because of the coronavirus outbreak and investors have been cashing out on their digital assets, including Bitcoin. Will this impact the effect of the halving?

Upcoming Halving Might Impact BTC Price Negatively

Based on the current market outlook, there is a possibility that the May 2020 halving might have a negative effect on BTC price. In the 2012 and 2016 halving events, BTC price dropped before and after the ...

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XRP Could Upswing Despite Growing Uncertainties Around the Token
March 6, 2020 12:29 pm

XRP

Controversy continues to surround Ripple’s XRP token, and the company’s incentivizing of partners to start using its cross-border payment solution has flooded the crypto’s market supply. However, despite all this uncertainty surrounding XRP, one analyst thinks that the cryptocurrency is bound for a huge upswing.

Ripple Paid Moneygram to Use Its Cross-Border Remittance Service

Over the past week, Ripple has made headlines regarding a number of events directly linked to its native token, XRP. For instance, on February 26, Moneygram reported that payments from Ripple in the last two quarters of 2019 totaled $11.3 million. Asheesh ...

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Telegram ICO Investors Included Russian Oligarch and Ex-Minister
March 5, 2020 3:02 pm

Telegram

Newly released documents relating to Telegram’s 2018 ICO have revealed some big-name backers, including Russian oil tycoon Roman Abramovich and former Minister of Open Government Affairs Mikhail Abyzov.

The publication of the documents highlighting some of the big-money backers in Telegram’s planned blockchain, Telegram Open Network (TON), is just the latest development in the US Securities and Exchange Commission (SEC) case against the firm, which claims the messaging app violated securities laws by failing to register its 2018 token sale. The names and the amount that they invested were listed in an expert report by Stephen ...

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BitGo Introduces Institutional Crypto Lending Service
March 5, 2020 11:39 am

BitGo

The world of crypto has developed at a breakneck pace over the past few years, and in a new development, cryptocurrency firm BitGo has announced the launch of its own crypto lending service. In recent times, the crypto lending industry has grown at a decent pace, but there is still room for a lot of growth.

Key Expansion

The announcement from BitGo is an important one and could usher in a new era in this niche space in the crypto sphere. The company claims to handles 20% of all transactions that are conducted through Bitcoin, and ...

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Dogecoin (DOGE) Gets Support from Tesla CEO Elon Musk
March 4, 2020 10:57 am

Dogecoin

Tesla (NASDAQ:TSLA) CEO Elon Musk has voiced his support for Dogecoin (DOGE) just a month after offering skeptical remarks regarding the largest cryptocurrency, Bitcoin (BTC).

Musk Publicly Endorses Dogecoin

Musk, who is a huge fan of DOGE, declared his endorsement for the altcoin on March 3 through a tweet. However, his initial tweet was not actually related to crypto but was instead a meme that he captioned “Dogs roc,” which was followed by another tweet stating “they have the best coin,” which was in reference to Dogecoin.

Interestingly, this is not the first time ...

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MoneyGram Receives $11 Million Cash Injection from Ripple
March 3, 2020 3:28 pm

MoneyGram

MoneyGram (NASDAQ:MGI) has received over US$11 million in the last six months from Ripple in what was described as “Ripple market development fees.”

A partnership between the money remittance company and the crypto services firm was first announced back in June when Ripple agreed to provide MoneyGram with US$50 million in order to support its payments product, On-Demand Liquidity, or xRapid, as it is sometimes referred to as.

The US$11.3 million sent MoneyGram’s way over the last months is broken up into two quarters, US$2.4 million in Q3 and an additional US$8.9 million in ...

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What Factors Can Make a Cryptocurrency Crash?
March 3, 2020 3:21 pm

cryptocurrency

Cryptocurrencies are notorious for being volatile, and the fact that their prices fluctuate wildly is really quite normal. However, what is not so normal is when the price suddenly plummets and wipes out a huge amount of value.

That is what is known as a crash, and it is one of the things that people fear most. Over the years, there have been several cryptocurrency crashes, and the most notable was in 2018 when the value of cryptocurrencies fell over 60% in about a month.

As unpredictable as these crashes are, they are not ...

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Bitcoin Recovers as Coronavirus Pandemic Continues to Hurt Markets
March 3, 2020 11:43 am

Bitcoin

On March 3, Bitcoin (BTC) price gained the most on speculation that the US Federal Reserve, as well as other central banks, will be supporting markets even as concerns of the coronavirus outbreak continue to grow.

Bitcoin Jumps Over 4% After Last Week’s Plunge

Bitcoin gained 4% to take its price to $8,895, having suffered a double-price decline last week. This is welcome news for Bitcoin bulls, following last week’s 14% drop, which was BTC’s largest weekly loss since November.  In the third week of November, Bitcoin dropped around 19%. Similarly, last week’s equity markets also ...

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Ripple Criticized for Unlocking XRP Worth $230 Million from Escrow
March 2, 2020 11:02 am

Ripple

There is a possibility of traders experiencing a sell-off in XRP after Ripple unlocked another 1 billion XRP, worth around $230 million from its escrow wallet.

Ripple Draws Criticism for Unlocking of 1 Billion XRP

Ripple’s move has become a common trend that occurs at the beginning of each month, and it has drawn growing criticism every time it happens. There have been questions regarding the amount of XRP the startup has been selling and why is it needing over $200 million each month.

Ripple owns over 50% of the total XRP supply, and ...

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Bitfinex and OKEx Hit by DDoS Attacks: Here are the Key Details
February 28, 2020 10:47 am

Bitfinex

Crypto exchanges have made it easier for millions of people to trade in cryptos, but they have also been found to be vulnerable to attacks, and today, two crypto exchanges, Bitfinex and OKEx, reported Distributed Denial-of-Service (DDoS) attacks.

OKEx stated that the exchange suffered the attack last night, but none of its users were actually affected by it. Bitfinex appears to have been the subject of a similar attack today, and the extent of the attack is not yet known. The company took to Twitter and stated that the matter is currently being investigated.

Key ...

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Coronavirus Outbreak Tests Bitcoin Safe Haven Status
February 27, 2020 4:44 pm

Bitcoin

Bitcoin (BTC) has spent much of the last week in freefall, sinking to a low of $8,520, just as the Coronavirus outbreak prompts widespread panic in the financial world due to its potentially cataclysmic impact on the global economy. This negative correlation between a global crisis and the value of the world’s largest cryptocurrency is fuelling doubts that Bitcoin may not actually be a safe haven asset, as previously thought.

A safe haven asset is an investment that investors turn to during times of market volatility and instability, in order to “weather the storm,” and are ...

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Class-Action Lawsuit Threatens Ripple’s Established Market
February 27, 2020 12:11 pm

Ripple

Ripple will have to defend itself in a long-running class-action lawsuit over claims it violated securities laws in selling unregistered securities. In the lawsuit, XRP buyers allege that they lost a substantial amount of money on relying on fraudulent promotional statements issued by Ripple that encouraged them to sell their XRP Tokens.

Court Ruling

The class-action lawsuit takes Ripple into a task for selling unregistered securities in total disregard of security laws in the US. A US District Court has since ruled that the class-action lawsuit can proceed, be it with some caveats.

The ...

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Polkadot Targets Onboarding Ethereum Ecosystem with Chainlink Oracles
February 26, 2020 10:47 am

Polkadot

Polkadot is readying itself for its expected network launch after it announced its integration with Chainlink oracles on February 25. The progress made with the integrations is an indication of a systematic approach that will allow porting with Ethereum infrastructure.

Polkadot Announces Integrations of Chainlink Oracles

The integration of Chainlink oracles is vital in the creation of Polkadot’s decentralized finance and other smart contracts. Chainlink has finalized the preliminary integration on Kusama, which is a Polkadot canary network synonymous with a testnet.

Following the move, Polkadot developers will now be able to get access ...

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MVIS and Intelligence Unit Launch NRI/IU Crypto-Asset Index with Nomura Research Institute (NRI)
January 29, 2020 12:00 am
MV Index Solutions (MVIS), and Intelligence Unit (IU), a global provider of quantitative research and development for digital asset investment solutions, today announced a collaboration with Nomura Research Institute, Ltd. (NRI), a leading provider of consulting services and system solutions, to jointly launch the NRI/IU Crypto-Asset Index for financial institutions. Utilising the crypto-asset index platforms provided by MVIS and CryptoCompare, the global leader in digital asset data, the investable index offers an investment solution for Japanese financial institutions as well as global investors.
CryptoCompare December 2019 Exchange Review Shows Binance Derivatives Gaining Ground
January 22, 2020 6:00 am
CryptoCompare, the global leader in digital asset data, today released its Exchange Review for December 2019. The research provides analysis of key developments in the cryptocurrency exchange-traded market.
CryptoCompare and Fintech Worldwide Announce London Blockchain Week Partnership
January 20, 2020 1:00 am
CryptoCompare, the global leader in digital asset data, and Fintech Worldwide (FWW), the world’s leading network for fintech, blockchain and digital impact, today announced an event partnership.