crypto

Thailand Greenlights Japanese Exchange to Operate 4 Crypto Businesses

Thailand Greenlights Japanese Exchange to Operate 4 Cryptocurrency BusinessesThe Thai government has issued four licenses to a new crypto exchange. Prior to this, only existing exchanges that were in business before the country’s crypto regulation took effect were approved. The first licensed new exchange in Thailand is a subsidiary of a regulated Japanese exchange, Bitpoint. Also read: SEC Chair Explains Key Upgrades Needed […]

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Electroneum Price Bucks Bearish Trend Following GSMA Announcement

TheMerkle ElectroneumWeekends have often been a very interesting time for trading cryptocurrencies, tokens, and digital assets. Although the momentum has turned another bearish turn, it seems unlikely any real damage will be done in quick succession. The Electroneum price, on the other hand, is still trying to break free from the pack. A promising development for this currency, although the road ahead is still very long. Electroneum Price Begins to Break Free It is pertinent for altcoins, tokens, and assets to not remain solely reliant on Bitcoin’s momentum. Any self-respecting currency is, in theory, capable of breaking free from the world’s

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Ethereum Classic Price Gains 6% as Developers Mull ETH 2.0 Roadmap Implementation

TheMerkle Ethereum Classic Price PumpBased on the current overall crypto market momentum, one would almost think the sky’s the limit. Such a train of thought is very dangerous to pursue among traders who want to pocket some profits over the weekend. While the Ethereum Classic price appears bullish at this time, one has to keep in mind its value tends to go up and down quite often. As such, chasing the top can easily cause some financial headaches. Ethereum Classic Price Rises Ahead of the Weekend In the cryptocurrency world, it is often difficult to determine what drives individual markets. While it is not

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Indian Trade Association Calls for Fast Crypto Regulation to Drive Growth

Indian Trade Association Nasscom Calls for Fast Crypto Regulation to Drive GrowthThe Indian National Association of Software and Services Companies (Nasscom) has released a report that calls for regulatory certainty, particularly in areas such as cryptocurrency. The lack of legal clarity and the crypto banking ban have hindered investments in this sector, hurt crypto exchanges, and driven investors out of the country, according to the association. […]

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MyEtherWallet Introduces a KYC-Free Crypto-to-Fiat Conversion

myetherwallet reviewCompanies active in the cryptocurrency world need to keep growing and evolving at all times. That is often easier said than done for most service providers. MyEtherWallet has introduced a new feature which many users will enjoy. Users can exchange crypto to fiat without KYC verification. An Unexpected Gift From MyEtherWallet Most cryptocurrency enthusiasts are familiar with the MyEtherWallet platform. It is a user-friendly way of dealing with Ethereum balances, ERC20 tokens, and even swaps between supported currencies and tokens. It offers quite a bit of functionality for users to benefit from, although the team has been looking for ways

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Cardano Price Holds its own At $0.045 As Galaxy S10 Support Rumors Spread

With Bitcoin still stuck in a bit of a rut right now, it is unlikely the alternative markets will see any positive momentum. While the Cardano price is not necessarily in the worst of places whatsoever, its current market momentum is not too promising either. For now, the $0.045 level is under a fair bit of pressure, although it remains to be seen if it will hold. Cardano Price Handles the Pressure Quite Well One has to commend every alternative market which doesn’t drop off a proverbial cliff every time Bitcoin dips into the red slightly. Although Bitcoin’s pace will

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Stellar Price Loses More Ground Across the Board

TheMerkle Stellar Price 0.5The going has gotten rather tough in the world of cryptocurrencies these past few days. An ongoing bearish trend is wreaking a bit of havoc among most of the alternative markets right now. While most top markets are trying to hold their own, the Stellar price is giving up a lot of ground. This appears to be a continuation of a one-month downtrend which will not relent. Stellar Price Decline Continues Unabated Although it has become somewhat quiet on the Stellar Lumens front, it would appear the price continues to decline as of late. For people who have been looking

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Company Evades SEC Penalty Despite Illegally Issuing Security Tokens

Company Evades SEC Penalty Despite Illegally Issuing Security TokensThe U.S. Securities and Exchange Commission (SEC) has decided not to impose a penalty on a company that had issued security tokens without its approval and without qualifying for an exemption. The company raised approximately $12.7 million. Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval No Penalty The SEC announced on […]

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Big Banks Money Laundering: UBS Fined $4.2 Billion, Danske Shuts Down in 4 Countries

Big Banks Money Laundering: UBS Fined $4.2 Billion, Danske Shuts Down in 4 CountriesMoney laundering scandals involving some of the world’s largest banks have grown this week. Switzerland’s largest bank, UBS, has been fined 3.7 billion euros (~$4.2 billion) for money laundering. Amid a $226 billion scandal, Estonian authorities have ordered Denmark’s largest bank to terminate its operations in the country. Danske Bank is also shutting down in […]

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The FBI Reaches out to BitConnect Victims as Investigation Trucks Along

TheMerkle Hansa Darknet FBIThe cryptocurrency world has seen many potential scams, fraudulent ventures, and projects which were abandoned fairly quickly. BitConnect has been one of the darkest stains in the industry as a whole. Even today, it still leaves its mark, primarily because the FBI is still investigating the matter. They actively seek out victims who fell victim to this major scam in 2016, 2017 and early 2018. The BitConnect Story is not Over yet Most cryptocurrency users will be familiar with BitConnect by now. This Ponzi Scheme dominated the landscape between 2016 and very early 2018. After seeing a lot of initial

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