A Leading Online Korean Research Conducted A Survey On Korean Crypto Investors

The no. 1 online Korean research, Embrain did a survey about Korean cryptocurrency investors with some very interesting results.

Sample size was 800 adults who are aware of cryptocurrencies.

By age, investors in their 50s, 40s, 30s and 20s invested an average of 9.33 million won, 54.1 million won, 64.4 million won, and 207 million won respectively.

The most important consideration when choosing an exchange are “Security System” and 22.1% System stability 25.9%.

The exchange that the respondents used most is Bithumb 53.6%, Upbit 27.0% and Coinone 8.3%.

In terms of popularity 93% of the respondents said that they know about Bithumb, Coinone is next with 64.5% and 43.9% for Upbit.

The main resources of investment information are the following Internet search 52.9%, professional communities 38.1%, crypto exchanges 32.7% and online portal cafes at 29.9%.

According to the respondents the most reliable sources of crypto investment are professional communities 46.4%, internet search 46%, online portal café 31.7% and exchanges at 31.3%.

International Investment Bank Barclays Considering Cryptocurrencies Trading Desk

Anonymous inside sources at Barclays reveals that the international investment bank is asking their clients whether they are interested in cryptocurrencies as it considers to open a cryptocurrency trading desk.

Cryptocurrencies are considered are considered a novelty and risky asset class that needs further compliance requirements thus requiring the approval of Tim Throsby and Jes Staley who are Barclays’ International President and Group Chief Executive respectively.

This is a “pioneering” move towards mainstream crypto adaptation as hedge funds are looking for banks that can handle cryptocurrencies similar to prime brokers that deals with securities.

Throsby said last September that Barclays would revive commercial zeal by authorizing billions of dollars' worth of capital in higher-risk trading.

With bitcoin’s high volatility this might be type of investment they are referring to.

Cryptocurrency Conference for Women To be Held In Moscow

It has been widely known that men dominated most areas in the crypto sphere.

However initiatives are being done to bring more women into the fold. One such initiative is a cryptocurrency Conference for women that will be held in Moscow, Russia.

The “Crypto Conference for Women” will be held on April 28-29, at the Zolotoe Koltso hotel in Moscow.

The 24 female speakers will share valuable information about cryptos, Blockchain technologies and investment opportunities.

The said conference will be live steamed simultaneously to 74 countries worldwide. According to a Russian survey released last January 12% of them admit that crypto is their main source of income. 7 % are women which is even less than 10% who said that they are underage.

Russian female crypto experts hope to change the status-quo with their participation in the women’s crypto conference. Everyone is invited in the conference even men.

Coinone Is Launching A Crypto Exchange In Indonesia

One of the top Korean cryptocurrency are expanding their operations overseas.

Coinone is reported to be launching an exchange in Jakarta, Indonesia, making it probably the first amongst cryptocurrencies in Korea to enter the global market.

Coinone Indonesia offers the following six cryptocurrency: Bitcoin (BTC), Bitcoin cash (BCH), Ethereum (ETH), Ethereum classic (ETC), Litecoin (LTC) and quantum (QTUM). More coins are to be added shortly after according to company’s announcement.

Pre –registration begins on April 16, 2018 and will last for a month.

The exchange will begin to operate on the 24th of May 2018. June will officially launch in June where foreigners can join after the pre-registration period.

More Bitcoin ATMs In Washington D.C. and First in Zimbabwe

A bitcoin teller machine (BTM) network, Coinsource, has announced on April 12, 2018 that it is set to install 20 BTMs in the metropolitan area of Washington D.C.

Once deployed it will make the total BTM count of Coinsource to 182 across 18 states. With its deployment it will make Coinsource as the largest Bitcoin ATM network in the area.

According to Coin ATM Radar, there is about 2753 bitcoin ATM in the US and accounts for about 75.75% of all bitcoin ATMs in the world. In another part for the wold Zimbabwean cryptocurrency exchange Golix will also be installing a BTM which will e the first in Zimbabwe.

Yeukai Kusangaya, product manager of Golix it was a necessary step to encourage use of cryptocurrency in their daily business.

With the new BTMs it citizens will be able to buy and sell cryptocurrency using the US Dollars.

Golix may be experimenting with this first BTM to determine whether a large-scale national operation is possible. If the demand exist it may expand its services nationwide.

Headlines for the world of Cryptocurrencies - April 16, 2018 Coinbase Acquires Cipher An Ethereum Wallet Provider And DApp Browser / New Virtual Currency Exchange Association Formed In Japan / John McAfee Firm On His Forecast: $1M USD In 2020 / Brian Kelly Of CNBC Fast Money Compares Bitcoin To The Internet In The 1980’s / Blockchain Insider: Bigger Bull Run This Summer
Headlines for the world of Cryptocurrencies - April 15, 2018 Tim Draper Sets $250,000 Target Price Of Bitcoin by 2022 / Ethereum Price Recovers Above $500 / 70 Forks For Bitcoin So Far / Virtual Currency Law Proposed In Bermuda To Attract Related Businesses In The Country / Ancora 1919 Releases Cryptocurrency Inspired Pen
Headlines for the world of Cryptocurrencies - April 14, 2018 Thomas Lee Predicted Bitcoin Price By Year-End / Bitmain Gets Approved In The US For A Bitcoin Mining Operation / 2nd Largest Stock Exchange To Release Crypto Trading App / Yahoo! Japan's Entrance To Crypto Space Confirmed / China's Baidu Launches A Blockchain-Powered Stock Photo Service