CryptoCompare, one of the leading providers of cryptocurrency data and indices has released a list of benchmark ratings of popular exchanges. The information was collected in a detailed report, published by CryptoCompare on 12 June. According to the preface fo the report, by gathering this information, CryptoCompare is aiming to better the current evaluation of cryptocurrency exchanges. To provide the most accurate ranking possible, CryptoCompare has separated the evaluation process into several methodology categories – scope and objectives, due diligence, market quality, and grading. The grading system classifies all exchanges with a grade between A and F, which shows the
Coinbase, the leading US cryptocurrency exchange, and wallet has announced the launch of the Coinbase card in six additional countries, all located in Europe. After it was released in the United Kingdom, the Coinbase card can now be purchased in Germany, France, Spain, Italy, and the Netherlands. The card will also be available in Ireland. The Coinbase card is developed with Visa, and it aims to allow customers to be able to shop with cryptocurrency on any terminal, which accepts Visa. To provide full functionality, Coinbase has developed mobile applications for both iOS and Android. This allows users of the
Tim Swanson, the CEO of Post Oak Labs is set to join Clearmatics, a U.K- based blockchain research and development company. Since 2015, he has been part of the research and development company’s advisory board, but he will be joining as the head of market intelligence in a full-time role. This change of job function was revealed in a recent discussion the Tim had with CoinDesk. He explained how happy he is to join Clearmatics, describing the company as one with a clear vision for the confluence of finance and technology. Before Tim started up his company; Post Oak Labs,
Google and its recent core update greatly impacted the crypto community. Multiple websites have recorded reduced visits and a chief competitor even closed after the update. According to CCN announcement, it will shut down after Google’s Core update which resulted in dropping of website’s movement by approximately seventy-one percent (71%). Mentioning Sistrix data, the prominence of the site fell from one point two to zero point six (1.2 – 0.6) immediately. In spite of provocation for a retort, CCN failed in receiving one. Though, a Google representative told details to Benjamin Pirus from Forbes Magazine. On questions regarding changes in
One of the best-recognized exchanges in the world, Nasdaq, has teamed up with CryptoCompare to start showing live cryptocurrency prices. The collaboration will be executed through Quandl – a financial information platform. In a statement released today, CryptoCompare announced the collaboration and stated that this new product would: enhance institutional capabilities in the cryptocurrency markets across trading strategy, quantitative research, risk modeling, NAV calculations, and back-testing. Quandl is one of Nasdaq’s best-performing acquisitions, attracting more than four hundred thousand (400,000) users, from all areas of investment. Hedge fund managers and investment bankers are frequent users of the platform. One of
According to the latest report, Yahoo Japan’s trading platform Taotao is all set to offer the trading of Bitcoin and Ethereum, meanwhile also enabling the users to do margin trading in Bitcoin Cash, Ripple and Litecoin. The Japanese internet company Yahoo! Japan Corporation was formed as a result of a joint venture between the American internet company Yahoo! and the Japanese company SoftBank. Initially, the Japanese exchange was known as Bitarg but was renamed as Taotao after the trading platform was acquired by Yahoo Japan in last February. Back in 2018, Yahoo Japan Corporation revealed that they had intended to
Cryptocurrency news media outlet CCN is facing a bad traffic winter with the latest Google update and the company made an announcement that the current situation makes the operations unbearable. While on the other hand, other media outlets are facing mix results where some more might follow in CCN’s footsteps others continue to thrive. An insider at the KEY Difference Media (KDM) revealed to Cryptopolitan that the Blockchain/ICO/IEO marketing agency has made an offer to the CEO of the media outlet CCN, Jonas Borchgrevink. What has happened so far? CCN published a detailed post explaining the details of how the
The crypto-market is expanding with rapid pace and many institutions are ready to invest in this sector. The management of crypto-funds is a difficult task due to competition and pressure on fees. The report by PWC and ELWood Assets Management elaborated some deep issues regarding market manipulation and crypto-funds.  Despite the pressure of competition and the task of management of funds, there is a great demand for crypto-funds. There is a major problem of crypto fee fund which is not fixed and is constantly declining. However, there is also a wide range of positive aspects as well. The bright side is that with the more
According to the latest report, Igor Sechin, the head of the Russian oil giant Rosneft in a statement revealed that digital currency’s lack of regulatory and volatile nature are major issues of concern, but the probability of using cryptocurrency is not entirely dismissed. At the St. Petersburg International Economic Forum, Sechin discussed the future of cryptocurrency in the oil industry and stated that although the oil industry is aware of the cryptocurrency’s potential, the risks and regulatory issues in the crypto markets are preventing them from venturing into the crypto space. He further stated that as Google and Amazon are
Recently, a report released by Bloomberg Quint which revealed India’s draft bill about crypto-exchanges. This draft affected Zebpay badly that is an app linked with exchanges from India to Malta. This bill elaborated that all dealings related to cryptocurrencies from buying and selling to the management operation are all not legal. The lack of clarity in the regulations of crypto-market by the governments can cause trust- deficit in people about cryptocurrencies. As the crypto-market is expanding and people are started taking interest in this segment. Any statement or draft bill criticizing the crypto-market can make people sceptical about this and