Headlines for the world of Cryptocurrencies - April 05, 2018
Soaring Demand For Canadian LocalBitcoins Amid Bearish Market Sentiments
Finnish Peer-to-Peer trading platform LocalBItcoin reports that there has been a sudden surge of demand for Bitcoin in Canada for no apparent reason.
Lower Bitcoin prices might be one of the reason for the sudden surge, making new buy opportunities for investors and speculators alike.
Moreover Canada is seen as good place to start shop for crypto mining operations due to its available renewable energy and underutilized data centers.
However, it does not explain why Canadians are suddenly using LocalBitcoins as there are several alternative venues such as exchanges to acquire or sell them.
Sustained high demand in its platform remains to be seen.
Fair Trade Commission Of Korea Protects Crypto Investors
Over 12 Korean exchanges are undergoing scrutiny from authorities in South Korea for using unfair user contract terms.
Contracts in these exchanges are deemed invalid by South Korea’s Fair Trade Commission and has given the exchanges 60 days to comply.
Issues such conversion of cryptocurrencies without owner’s consent (if account is idle for more than 6 months), compensation policies and acceptance of some accountability if their sites are hacked are some of the issues that needed to be revised to be acceptable to the commission.
Young Japanese Male Work Force Invest In Cryptocurrencies
A Japanese online magazine for young businessman, Shin 25 ran a survey about virtual currency which ran from January 2018 to March 2018.
4,734 young male respondents participated nationwide.
92% of those who own crypto entered the market of which 37.4% just entered for being trendy and the 19.9% due to external influence such as media and acquaintance recommendation.
It is said that 14% of young Japanese workforce with ages 20-25 are already in cryptocurrencies.
14% considered “High adoption rate” considering the high profile hack earlier this year on CoinCheck in which the perpetuators were able to carry off $534 million worth of NEM.
Japanese online broker Monex buying Crypto exchange Coincheck
Monex Group Inc. expressed interest in buying Japan’s leading cryptocurrency exchange Coincheck.
This move will enable the Monex to access Coincheck’s customers as well as to make its presence felt in the crypto-verse similar to other Japanese online securities brokerages like GMO internet Inc. and Money Partners Group.
The market responded positively with this news as Monex shares surged 23% after its press release.
Coinbase Commerce API Released!
One of the premier exchanges in America has release its Commerce API.
It is a free non-custodial solution that enables merchants to accept multiple cryptocurrencies.
This can easily be integrated to their existing e-commerce systems.
With this API release accepting cryptocurrencies is much easier and setup for a free account just takes a few minutes.
Headlines for the world of Cryptocurrencies - April 04, 2018Skype Powered Over-The-Counter Market Flourishes / International Law Firm MorrisonCohen Launches “MoCo Cryptocurrency Litigation Tracker” / Wyoming Shaping Up As America's "Crypto Valley" / Cryptocurrency Ad Restrictions Spur A Whole New Marketing Industry And Global Scale Coalition |
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Headlines for the world of Cryptocurrencies - April 03, 2018Huobi Research Survey Shows Most Cryptocurrency Investors Still Bullish /Online Brokerage Robinhood Launches Commission-Free Trading In Four US States / Seoul, South Korea Is Planning To Develop Its Own Cryptocurrency |
Headlines for the world of Cryptocurrencies - April 02, 2018Vitalik Buterin Proposes 120 Million Cap For Ethereum / TD Bank Considers Using A Public Blockchain To Track Assets / A Country In The Caribbean To Set Up A Cryptocurrency Exchange |
market movements and the development of bitcoiner and cryptocurrency in some countries such as Japanese and korean canadians can have an impact on the soaring or decreasing bitcoiner and cryptocurrency in market development
this news is very important. from this news, implied the development of extraordinary cryptocurrency. many large companies have begun to accept crypto as its currency, although it is still at a trial stage. but it can be called they began to accept slowly
The interesting news is the existence of a positive market developments so that the seekers of criptocurrency there is new hope in the market there is an increasing
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