According to Kawabata Kagayaki, the Business Development Lead of Coincheck, Japan’s leading Bitcoin and cryptocurrency exchange, it is possible at some point for Japan's Bitcoin transaction volume to reach the same level as it is being recorded in China presently. In an email, ...
OKcoin and Huobi: unauthorized margin trading service and lack of internal control for AML According to beijingnews, PBOC Beijing will soon release an announcement that PBOC now has found irregularities of Okcoin and Huobi including unauthorized margin trading, which has caus...
Netease released a story about Bitcoin, asking: Is bitcoin still a viable asset after 1.5 millions times rise in 4 years? The report first tells the story about Satoshi Nakamoto and some basics of bitcoin. Then the author goes through the regulatory policy change, mostly the central bank’s ...
Professional traders using high-speed, automated trading are now responsible for 80% of bitcoin trading, according to Bloomberg. Bitcoin offers arbitrage opportunities across different exchanges, zero transaction costs on the Chinese venues hosting most of the activity, round-the-clock trading, ...
Recently Bitcoin community are all keen on POOC’s inspection on China’s major exchanges and exchanges responded by limiting or closing margin trading services, which is welcomed not only because the deleverage will greatly decrease price hype from speculators but also because PBOC’s m...
As the understanding that China has not been working to discourage innovation around Bitcoin sinks deeper, a top official of the Bank of Russia has come out to say that they will not take measures to prohibit Bitcoin use in their country. While making the decision known, the Bank’s deputy...
Rumors spread by some media that China is banning Bitcoin in the event that PBOC has inquired CEOs of China’s major exchanges has been proved absurd by the continuous and normal operation of them and the momentum gained back by Bitcoin in its price, which stands at 919 USD at the pre...
In the wake of the People's Bank of China PBoC meeting with top Chinese Bitcoin exchanges, Bitfinex has announced it will henceforth slam an unused financing fee on users whose actions indicate what it describes as a systematically manipulative behavior. “Effective immediately, the pl...
The recent spike in the price of Bitcoin increased interest in Bitcoin mining which seems to have dwindled after the block reward halving in July. According to the International Marketing Manager at Bitmain, Nishant Sharma, Bitcoin mining has continued unaffected by the block halving ...
No sooner than 24-hours after the article has been published and several comments followed Bitcoin’s reported feat as it reached a record new $18 billion market cap on Wednesday January 4 that its price dropped by more than 20% within four hours. On Thursday, the market cap fell quickly to...
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