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$4 Billion US Fintech Startup Sofi Receives New York Bitlicense


Sofi is a startup valued at over $4 billion which is focusing on providing millennials with student loan refinancing, personal loans, mortgages, and other wealth management and financial services. In September it has added crypto trading to its investing platform as a response to demand from...

Japanese Firm Good Luck 3 Raises 100,000 USD in Crowdfunding Campaign


Having established itself as one of Japan’s renowned blockchain, entertainment, and production management studio, Good Luck 3, Inc. has started a Crowdfunding campaign through “FUNDINNO.” The strategically planned event was organized on November 27, 2019. Good Luck 3 is the proud creator of social...

Ethereum Express Launching New Projects For Over 48,000 Users


The Ethereum Express project is set to launch two pilot projects for a user base exceeding 48,000. Proof-of-Authority will be used in the Ethereum Express blockchain as the main algorithm and will serve to drastically increase the efficiency of internal processes for both pilot projects....

Crypto ATMs Proliferate – 6,000 Installed and Counting


The number of cryptocurrency ATMs installed worldwide has surpassed 6,000, nearly a 50% growth since the beginning of the year. The U.S. leads other countries with over 4,000 crypto ATMs, followed by Canada and the U.K. Several producers offer a range of machines for anyone wanting to get started...

Market Update: Uncertainty Strikes Crypto Traders After Week-Long Downtrend


Three days ago, cryptocurrency markets were holding foundational support after coins plunged 2-14% and the entire cryptoconomy dropped below $200 billion. Crypto prices continued to slide in a bearish trend, and over the last 12 hours, the entire market valuation of all 3,000+ coins lost another...

More Than 1,000 Cryptos Have Already Failed - What's Next?


Gaining currency? Wit Olszewski Gavin Brown, Senior Lecturer, Finance, Manchester Metropolitan University, and Richard Whittle, Research Fellow in Economics, Manchester Metropolitan University ________ Many cryptocurrencies have been launched in the past few years, often...

Bakkt’s Bitcoin Futures Shatters Records Amid Spot Market Turmoil


Bakkt’s bitcoin core (BTC) futures product saw another all-time high as the spot market price of BTC plummeted under $7,000 on Friday morning, Nov. 22. Bakkt saw 2,728 contracts traded ($20 million) and $1.75 million in open interest outpacing the record of 1,179 contracts on Oct. 25. Also...

Bitcoin Trades Slightly Above $7,000; Withholds Risk of Bottoming Out


Bitcoin trades close to the biggest supports around $7,000 and $7,100 at $7,177.66, as per the data feed from Coinbase BTC holds moderate volatility for the few days to come until the coin shows some signs of improvement The bearish hold remains quite strong due to the selling pressure under which...

BTC–The King Steps Down the Throne, as it Slips Recklessly Below $7,000


The king of cryptocurrencies – Bitcoin slips below $8,000 and even below $7,000 on Coinbase BTC price marks the fresh decrease below $8,000 and $7,000 after almost 6 months of the moderate bull trend Bitcoin records the new 90-day low as it breaks in despair BTC price, unable to maintain the peak...

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