Bear Market Is Not a Reason to Bury Cryptocurrencies

The massive 2018 bear market is not a reason to bury crypto, Russian Prime Minister Dmitry Medvedev claimed in a speech at the Gaidar forum. Russian news agency TASS reported on Medvedev’s comments yesterday, Jan. 15. Medvedev outlined the current crypto market situation as one of the main questions on the world community’s agenda, along with other challenges such as shifts in traditional markets, a rise in protectionism and social inequalities, and the speed and scope of global digital transformation. Speaking at the annual international scientific conference on the economy,…

Bittrex Launches OTC Trading Desk With 200 Cryptocurrencies

U.S. crypto exchange Bittrex is launching an over-the-counter (OTC) trading desk. The new service, which will allow approved clients to “quickly and conveniently trade assets,” will support nearly 200 cryptocurrencies already offered by the exchange, the company announced Monday. According to the exchange, the OTC desk will provide “guaranteed pricing” for major trades, “typically $250,000 or greater.” OTC trading desks facilitate direct transactions between two parties, unlike exchange trading where buy and sell orders are matched through an order-book. The desk itself will not go live until 18:00 UTC on…

Bitcoin Falls Under $3,600 as Top Cryptocurrencies Report Moderate Losses

Sunday, Jan. 13 — all the top 20 cryptocurrencies are seeing slight to moderate losses in the 24 hours to press time. Bitcoin’s (BTC) price has fallen below $3,600 again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down over 2 percent on the day, trading at around $3,568. Looking at its weekly chart, the current price is lower than the intra-week high of $4,109 — registered on Jan. 8 — and is also lower than $3,869, which is the value of one bitcoin last Sunday.…

Bitcoin Hovers Over $3,650 as Top Cryptocurrencies Mostly in the Red

Saturday, Jan. 12 — most of the top 20 cryptocurrencies are reporting moderate to slight losses, while some are reporting up to double-digit gains. Bitcoin’s (BTC) price is still hovering over $3,650, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down under 1 percent on the day, trading at around $3,665. Looking at its weekly chart, the current price is lower than $3,878, the price of BTC one week ago, and $4,108, the mid-week high reported on Tuesday. Bitcoin 7-day price chart. Source: CoinMarketCap Ripple…

New Bot Enables Millions to Send and Receive Cryptocurrencies on Facebook Messenger

A company is giving Facebook users a way to securely send and receive crypto through Messenger — all while keeping sensitive information private. Lite.IM says its bot currently supports four cryptocurrencies: Bitcoin, Ethereum, Litecoin and its own native currency, ZTX. The company says it is “driven by a vision of what the world might look like if the founding ideals of the cryptocurrency revolution were actually realized” — a place where anyone can enjoy financial freedom irrespective of their technical skills or the region of the world where they reside.…

Colorado Considers Bill Giving Cryptocurrencies Limited Exemptions From Securities Laws

A new bill to exempt cryptocurrencies from some securities laws is currently under consideration by the Colorado Senate, documents released on Jan. 4 confirm. A bipartisan effort sponsored at Senate level by Republican Jack Tate and Democrat Steve Fenberg, the “Colorado Digital Token Act” aims to offer limited extra freedoms for cryptocurrencies and traders. The move comes as local regulators crack down on illegitimate offerings in the industry in a bid to formalize the local landscape. “The bill provides limited exemptions from the securities registration and securities broker-dealer and salesperson…

Proof of Keys Event Aims to Challenge Perceived Centralization of Cryptocurrencies

The “Proof of Keys” event aimed against centralized exchanges is happening today, Jan. 3, spearheaded by Bitcoin (BTC) investor Trace Mayer. The Proof of Keys event is essentially a bank run on centralized exchanges, wherein activists are called to withdraw all their cryptocurrency funds from centralized trading platforms and store them in their own wallets. The idea behind this is to reassert holder control over their crypto assets and to make sure that exchanges are actually in possession of as much funds as they claim. In a YouTube video giving…

Indian Police Warn Public Against Investing in Cryptocurrencies

The police of the Indian state of Jammu and Kashmir have issued a public statement, warning the public against investing in cryptocurrencies, local business news daily the Business Standard reported on Jan. 2. Police reportedly warned the public against the “heightened risk” of investments like Bitcoin (BTC) and reminded investors that cryptocurrencies are not sanctioned by the government. The Business Standard quoted the branch’s inspector general as saying: “The general public is informed not to make any type of investment in cryptocurrencies, virtual currencies such as Bitcoin because there is…

Bitcoin Falls Under $3,800 as Top Cryptocurrencies Remain Mostly in Red

Tuesday, Jan. 1 — most of the top 20 cryptocurrencies are seeing discreet to moderate losses, while a handful report gains. Bitcoin’s (BTC) price is under $3,800 again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down over one and a half percent on the day, trading at around $3,740. Looking at its weekly chart, the current price is slightly lower than $3,814, the price of BTC one week ago. Furthermore, the current price is lower than the Sunday high of $3,961 and notably higher than…

Top Cryptocurrencies Mostly in the Red, Bitcoin Falls Below $3,900 Again

Sunday, Dec. 30 — most of the top 20 cryptocurrencies are seeing discreet losses while a few report discreet gains. Bitcoin’s (BTC) price is under $3,900 again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down a fraction of a percent on the day, trading at around $3,880. Looking at its weekly chart, the current price is substantially lower than the Monday’s high of $4,271, and also lower than $4,011, the price of BTC one week ago. Moreover, the current price is still substantially up…