Author: Urban

UrbanJuly 22, 2018

4min865
CME Group’s bitcoin futures average daily volume spiked 93% in the second quarter over the previous quarter, while open interest posted a 58% increase, the company noted on Twitter. Average daily volume jumped from 1,854 in the first quarter to 3,577 in the second quarter, while open interest rose from 1,523 to 2,405 in the same […]

UrbanJuly 22, 2018

5min737
Seems like that anticipated trip to the Lambo dealership will have to be put off for later. According to the co-founder and CEO of Bitcoin Mercantile Exchange, Authur Hayes, the rally that bitcoin has experienced this week was accompanied by healthy volumes, making it possible for higher levels to be reached. However, prices could reverse and […]

UrbanJuly 21, 2018

3min1020
Cryptocurrency data aggregation site CoinMarketCap has removed volume requirements for exchanges listed on its platform, citing concerns over data transparency and clarity. The platform, the 276th-most popular website according to Alexa, made this announcement in a blog post, responding to a barrage of criticism that exchanges have been gaming its statistical algorithms to get listed more easily and […]

UrbanJuly 21, 2018

5min809
Executives and operators of major crypto conglomerates, valued at many billions of dollars, have been more optimistic towards Ethereum than bitcoin, the most dominant cryptocurrency in the global market, as of late. Throughout the past year, Circle, the $3 billion cryptocurrency exchange and payments platform, and Coinbase, the $8 billion cryptocurrency brokerage company which also remains as […]

UrbanJuly 20, 2018

4min1660
The American multinational financial institution has filed a patent to develop a “system and methods to manage a tokenization manifest.” Wells Fargo Hates Cryptocurrencies, Not Its Technology The San Francisco-based bank hasn’t always been kind to cryptocurrencies. If we go a bit further back in time, you may remember Bitfinex suing Wells Fargo for embargoing bank transfers. […]

UrbanJuly 20, 2018

4min1147
Seven months into a severe cryptocurrency market downturn, the bears have finally run out of steam, leaving the bitcoin price primed for a breakout. That’s according to Barry Silbert, founder of the Digital Currency Group (DCG), perhaps the cryptocurrency industry’s most prolific investment fund. Speaking with CNBC on Tuesday, Silbert said that the recent surge above $7,000 likely indicates that the […]


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